GEM CONSULTING: what changed
Two financial 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 CONSULTING
Largest movements
- Cash -€11,823
down €11,823 (-72.3%), from €16,355 to €4,532
mainly Trade debts (-€17,106) and Net result for the year (-€10,590)
- Tangible fixed assets -€5,266
down €5,266 (-28.5%), from €18,472 to €13,207
- Deferred charges and accrued income +€1,922
new in 2025: €1,922
- Formation expenses -€1,137
down €1,137 (-100%), from €1,137 to €0
- Trade debts -€17,106
down €17,106 (-85.2%), from €20,076 to €2,970
- Profit (loss) carried forward -€10,590
down €10,590, from €8,564 to -€2,026
- Other debts +€6,562
up €6,562 (+39.2%), from €16,722 to €23,284
- Tax, wage and social debts +€5,029
up €5,029 (+36.0%), from €13,969 to €18,998
of which Remuneration and social security: +€5,603
- Staff costs +€36,679
up €36,679 (+609%), from €6,020 to €42,699
- Gross operating margin +€24,388
up €24,388 (+129%), from €18,883 to €43,271
- Depreciation +€6,701
up €6,701 (+773%), from €867 to €7,568
- Taxes -€3,017
down €3,017 (-87.9%), from €3,432 to €415
- Financial charges +€2,545
new in 2025: €2,545
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.
Derived cash bridge
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 | €62,331 | €46,226 | -€16,105 | -25.8% |
| Formation expenses | 20 | €1,137 | €0 | -€1,137 | -100% |
| Fixed assets | 21/28 | €18,472 | €13,207 | -€5,266 | -28.5% |
| Tangible fixed assets | 22/27 | €18,472 | €13,207 | -€5,266 | -28.5% |
| Furniture and vehicles | 24 | €18,472 | €13,207 | -€5,266 | -28.5% |
| Current assets | 29/58 | €42,722 | €33,020 | -€9,702 | -22.7% |
| Amounts receivable within one year | 40/41 | €26,367 | €26,566 | +€199 | +0.8% |
| Trade receivables | 40 | €26,367 | €26,566 | +€199 | +0.8% |
| Cash at bank and in hand | 54/58 | €16,355 | €4,532 | -€11,823 | -72.3% |
| Deferred charges and accrued income | 490/1 | - | €1,922 | +€1,922 | |
| Total equity and liabilities | 10/49 | €62,331 | €46,226 | -€16,105 | -25.8% |
| Equity | 10/15 | €11,564 | €974 | -€10,590 | -91.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,564 | -€2,026 | -€10,590 | |
| Amounts payable | 17/49 | €50,767 | €45,252 | -€5,515 | -10.9% |
| Amounts payable within one year | 42/48 | €50,767 | €45,252 | -€5,515 | -10.9% |
| Trade debts | 44 | €20,076 | €2,970 | -€17,106 | -85.2% |
| Suppliers | 440/4 | €20,076 | €2,970 | -€17,106 | -85.2% |
| Taxes, remuneration and social security | 45 | €13,969 | €18,998 | +€5,029 | +36.0% |
| Taxes | 450/3 | €8,543 | €7,968 | -€574 | -6.7% |
| Remuneration and social security | 454/9 | €5,427 | €11,029 | +€5,603 | +103% |
| Other amounts payable | 47/48 | €16,722 | €23,284 | +€6,562 | +39.2% |
| Remuneration, social security and pensions | 62 | €6,020 | €42,699 | +€36,679 | +609% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €867 | €7,568 | +€6,701 | +773% |
| Other operating charges | 640/8 | - | €664 | +€664 | |
| Gross operating margin | 9900 | €18,883 | €43,271 | +€24,388 | +129% |
| Operating profit (loss) | 9901 | €11,996 | -€7,660 | -€19,656 | |
| Financial income | 75/76B | - | €30 | +€30 | |
| Recurring financial income | 75 | - | €30 | +€30 | |
| Financial charges | 65/66B | - | €2,545 | +€2,545 | |
| Recurring financial charges | 65 | - | €2,545 | +€2,545 | |
| Profit (loss) for the period before taxes | 9903 | €11,996 | -€10,175 | -€22,171 | |
| Income taxes | 67/77 | €3,432 | €415 | -€3,017 | -87.9% |
| Profit (loss) for the period | 9904 | €8,564 | -€10,590 | -€19,154 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,564 | -€10,590 | -€19,154 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.