GEM CONSULT: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
GEM CONSULT
Largest movements
- Cash +€5,368
up €5,368 (+381.9%), from €1,406 to €6,774
mainly Net result for the year (+€10,008)
- Receivables within one year +€2,185
up €2,185 (+3.8%), from €58,225 to €60,410
- Profit (loss) carried forward +€10,008
up €10,008 (+38.0%), from €26,319 to €36,328
- Trade debts -€1,362
down €1,362 (-95.4%), from €1,428 to €66
- Tax, wage and social debts -€1,093
down €1,093 (-4.6%), from €23,824 to €22,731
- Financial income -€2,049
down €2,049 (-32.0%), from €6,402 to €4,353
- Gross operating margin -€1,908
down €1,908 (-10.3%), from €18,589 to €16,681
- Taxes -€1,355
down €1,355 (-11.6%), from €11,664 to €10,308
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €59,631 | €67,184 | +€7,553 | +12.7% |
| Current assets | 29/58 | €59,631 | €67,184 | +€7,553 | +12.7% |
| Amounts receivable within one year | 40/41 | €58,225 | €60,410 | +€2,185 | +3.8% |
| Other amounts receivable | 41 | €58,225 | €60,410 | +€2,185 | +3.8% |
| Cash at bank and in hand | 54/58 | €1,406 | €6,774 | +€5,368 | +381.9% |
| Total equity and liabilities | 10/49 | €59,631 | €67,184 | +€7,553 | +12.7% |
| Equity | 10/15 | €34,379 | €44,387 | +€10,008 | +29.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,319 | €36,328 | +€10,008 | +38.0% |
| Amounts payable | 17/49 | €25,252 | €22,797 | -€2,456 | -9.7% |
| Amounts payable within one year | 42/48 | €25,252 | €22,797 | -€2,456 | -9.7% |
| Trade debts | 44 | €1,428 | €66 | -€1,362 | -95.4% |
| Suppliers | 440/4 | €1,428 | €66 | -€1,362 | -95.4% |
| Taxes, remuneration and social security | 45 | €23,824 | €22,731 | -€1,093 | -4.6% |
| Taxes | 450/3 | €23,824 | €22,731 | -€1,093 | -4.6% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €18,589 | €16,681 | -€1,908 | -10.3% |
| Operating profit (loss) | 9901 | €18,202 | €16,281 | -€1,921 | -10.6% |
| Financial income | 75/76B | €6,402 | €4,353 | -€2,049 | -32.0% |
| Recurring financial income | 75 | €6,402 | €4,353 | -€2,049 | -32.0% |
| Financial charges | 65/66B | €410 | €317 | -€93 | -22.6% |
| Recurring financial charges | 65 | €410 | €317 | -€93 | -22.6% |
| Profit (loss) for the period before taxes | 9903 | €24,194 | €20,317 | -€3,877 | -16.0% |
| Income taxes | 67/77 | €11,664 | €10,308 | -€1,355 | -11.6% |
| Profit (loss) for the period | 9904 | €12,530 | €10,008 | -€2,522 | -20.1% |
| Profit (loss) for the period to be appropriated | 9905 | €12,530 | €10,008 | -€2,522 | -20.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.