GM CONSULT: 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 CONSULT
Largest movements
- Current investments -€8,500
down €8,500 (-85.0%), from €10,000 to €1,500
- Receivables within one year -€4,659
down €4,659 (-29.9%), from €15,575 to €10,916
of which Trade receivables: -€5,427
- Cash -€3,334
down €3,334 (-31.6%), from €10,556 to €7,222
mainly Contributions, distributions and other (-€18,000) and Deferred charges and accrued income (-€97)
- Reserves -€18,000
down €18,000 (-52.4%), from €34,360 to €16,360
- Trade debts +€1,062
new in 2025: €1,062
- Gross operating margin -€761
down €761 (-24.8%), from €3,070 to €2,308
- Taxes +€109
up €109 (+10.3%), from €1,064 to €1,173
- Financial income +€58
up €58 (+1,062%), from €5 to €64
- Financial charges -€47
down €47 (-23.5%), from €199 to €153
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 | €51,131 | €34,735 | -€16,396 | -32.1% |
| Fixed assets | 21/28 | €15,000 | €15,000 | = | 0.0% |
| Financial fixed assets | 28 | €15,000 | €15,000 | = | 0.0% |
| Current assets | 29/58 | €36,131 | €19,735 | -€16,396 | -45.4% |
| Amounts receivable within one year | 40/41 | €15,575 | €10,916 | -€4,659 | -29.9% |
| Trade receivables | 40 | €11,556 | €6,129 | -€5,427 | -47.0% |
| Other amounts receivable | 41 | €4,019 | €4,787 | +€768 | +19.1% |
| Current investments | 50/53 | €10,000 | €1,500 | -€8,500 | -85.0% |
| Cash at bank and in hand | 54/58 | €10,556 | €7,222 | -€3,334 | -31.6% |
| Deferred charges and accrued income | 490/1 | - | €97 | +€97 | |
| Total equity and liabilities | 10/49 | €51,131 | €34,735 | -€16,396 | -32.1% |
| Equity | 10/15 | €46,248 | €28,656 | -€17,592 | -38.0% |
| Contributions | 10/11 | €7,200 | €7,200 | = | 0.0% |
| Reserves | 13 | €34,360 | €16,360 | -€18,000 | -52.4% |
| Distributable reserves | 133 | €34,360 | €16,360 | -€18,000 | -52.4% |
| Profit (loss) carried forward | 14 | €4,688 | €5,096 | +€408 | +8.7% |
| Amounts payable | 17/49 | €4,883 | €6,079 | +€1,197 | +24.5% |
| Amounts payable within one year | 42/48 | €4,883 | €6,079 | +€1,197 | +24.5% |
| Trade debts | 44 | - | €1,062 | +€1,062 | |
| Suppliers | 440/4 | - | €1,062 | +€1,062 | |
| Taxes, remuneration and social security | 45 | €4,205 | €4,428 | +€223 | +5.3% |
| Taxes | 450/3 | €3,499 | €4,428 | +€929 | +26.6% |
| Remuneration and social security | 454/9 | €706 | - | -€706 | |
| Other amounts payable | 47/48 | €678 | €588 | -€89 | -13.2% |
| Other operating charges | 640/8 | €618 | €638 | +€20 | +3.2% |
| Gross operating margin | 9900 | €3,070 | €2,308 | -€761 | -24.8% |
| Operating profit (loss) | 9901 | €2,451 | €1,670 | -€781 | -31.9% |
| Financial income | 75/76B | €5 | €64 | +€58 | +1,062% |
| Recurring financial income | 75 | €5 | €64 | +€58 | +1,062% |
| Financial charges | 65/66B | €199 | €153 | -€47 | -23.5% |
| Recurring financial charges | 65 | €199 | €153 | -€47 | -23.5% |
| Profit (loss) for the period before taxes | 9903 | €2,257 | €1,581 | -€676 | -30.0% |
| Income taxes | 67/77 | €1,064 | €1,173 | +€109 | +10.3% |
| Profit (loss) for the period | 9904 | €1,193 | €408 | -€785 | -65.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,193 | €408 | -€785 | -65.8% |
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 31 October 2026 via checked.be.