GM CLEAN: 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.
GM CLEAN
Largest movements
- Cash +€36,601
up €36,601 (+186%), from €19,685 to €56,286
mainly Net result for the year (+€27,952) and Depreciation (+€14,422)
- Tangible fixed assets -€10,587
down €10,587 (-24.7%), from €42,791 to €32,204
of which Furniture and vehicles: -€8,321
- Deferred charges and accrued income +€1,454
new in 2025: €1,454
- Reserves +€27,952
up €27,952 (+260%), from €10,740 to €38,692
- Debts after one year -€11,439
down €11,439 (-36.1%), from €31,723 to €20,284
- Tax, wage and social debts +€6,996
up €6,996 (+142%), from €4,925 to €11,921
- Trade debts +€2,165
up €2,165 (+9.4%), from €22,943 to €25,109
- Gross operating margin +€31,050
up €31,050 (+108%), from €28,878 to €59,928
- Taxes +€11,369
up €11,369 (+556%), from €2,043 to €13,412
- Depreciation +€1,581
up €1,581 (+12.3%), from €12,841 to €14,422
- Financial charges -€1,045
down €1,045 (-23.8%), from €4,397 to €3,351
- Other operating charges -€891
down €891 (-58.9%), from €1,514 to €623
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 | €103,445 | €130,502 | +€27,057 | +26.2% |
| Fixed assets | 21/28 | €43,121 | €32,534 | -€10,587 | -24.6% |
| Tangible fixed assets | 22/27 | €42,791 | €32,204 | -€10,587 | -24.7% |
| Plant, machinery and equipment | 23 | €22,708 | €20,442 | -€2,266 | -10.0% |
| Furniture and vehicles | 24 | €20,083 | €11,762 | -€8,321 | -41.4% |
| Financial fixed assets | 28 | €330 | €330 | = | 0.0% |
| Current assets | 29/58 | €60,324 | €97,968 | +€37,645 | +62.4% |
| Amounts receivable within one year | 40/41 | €40,638 | €40,228 | -€410 | -1.0% |
| Trade receivables | 40 | €37,554 | €38,217 | +€663 | +1.8% |
| Other amounts receivable | 41 | €3,084 | €2,011 | -€1,073 | -34.8% |
| Cash at bank and in hand | 54/58 | €19,685 | €56,286 | +€36,601 | +186% |
| Deferred charges and accrued income | 490/1 | - | €1,454 | +€1,454 | |
| Total equity and liabilities | 10/49 | €103,445 | €130,502 | +€27,057 | +26.2% |
| Equity | 10/15 | €31,630 | €59,582 | +€27,952 | +88.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €10,740 | €38,692 | +€27,952 | +260% |
| Distributable reserves | 133 | €10,740 | €38,692 | +€27,952 | +260% |
| Profit (loss) carried forward | 14 | €14,690 | €14,690 | = | 0.0% |
| Amounts payable | 17/49 | €71,815 | €70,920 | -€894 | -1.2% |
| Amounts payable after more than one year | 17 | €31,723 | €20,284 | -€11,439 | -36.1% |
| Financial debts | 170/4 | €31,723 | €20,284 | -€11,439 | -36.1% |
| Amounts payable within one year | 42/48 | €40,092 | €50,636 | +€10,545 | +26.3% |
| Current portion of amounts payable after more than one year | 42 | €11,463 | €12,268 | +€805 | +7.0% |
| Trade debts | 44 | €22,943 | €25,109 | +€2,165 | +9.4% |
| Suppliers | 440/4 | €22,943 | €25,109 | +€2,165 | +9.4% |
| Taxes, remuneration and social security | 45 | €4,925 | €11,921 | +€6,996 | +142% |
| Taxes | 450/3 | €4,925 | €11,921 | +€6,996 | +142% |
| Other amounts payable | 47/48 | €760 | €1,338 | +€578 | +76.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,841 | €14,422 | +€1,581 | +12.3% |
| Other operating charges | 640/8 | €1,514 | €623 | -€891 | -58.9% |
| Non-recurring operating charges | 66A | €338 | €170 | -€168 | -49.7% |
| Gross operating margin | 9900 | €28,878 | €59,928 | +€31,050 | +108% |
| Operating profit (loss) | 9901 | €14,185 | €44,713 | +€30,529 | +215% |
| Financial income | 75/76B | €2 | €2 | +€0 | +27.5% |
| Recurring financial income | 75 | €2 | €2 | +€0 | +27.5% |
| Financial charges | 65/66B | €4,397 | €3,351 | -€1,045 | -23.8% |
| Recurring financial charges | 65 | €4,397 | €3,351 | -€1,045 | -23.8% |
| Profit (loss) for the period before taxes | 9903 | €9,789 | €41,364 | +€31,574 | +323% |
| Income taxes | 67/77 | €2,043 | €13,412 | +€11,369 | +556% |
| Profit (loss) for the period | 9904 | €7,746 | €27,952 | +€20,205 | +261% |
| Profit (loss) for the period to be appropriated | 9905 | €7,746 | €27,952 | +€20,205 | +261% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.