GM CONSULT & MANAGEMENT: 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 & MANAGEMENT
Largest movements
- Receivables within one year -€14,595
no longer reported in 2025 (was €14,595)
of which Trade receivables: -€11,495
- Cash -€5,158
down €5,158 (-75.8%), from €6,803 to €1,645
mainly Tax, wage and social debts (-€21,967) and Investment in fixed assets (net) (-€9,146)
- Tangible fixed assets +€2,107
up €2,107 (+6.4%), from €32,808 to €34,915
of which Furniture and vehicles: +€5,887
- Tax, wage and social debts -€21,967
down €21,967 (-95.7%), from €22,954 to €987
of which Remuneration and social security: -€16,316
- Profit (loss) carried forward +€6,479
up €6,479 (+47.0%), from -€13,788 to -€7,310
- Trade debts -€2,048
down €2,048 (-71.5%), from €2,865 to €817
- Gross operating margin +€4,316
up €4,316 (+41.8%), from €10,323 to €14,638
- Depreciation +€1,138
up €1,138 (+19.3%), from €5,901 to €7,039
- Taxes +€177
up €177 (+56.7%), from €313 to €490
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 | €54,206 | €36,560 | -€17,646 | -32.6% |
| Fixed assets | 21/28 | €32,808 | €34,915 | +€2,107 | +6.4% |
| Tangible fixed assets | 22/27 | €32,808 | €34,915 | +€2,107 | +6.4% |
| Plant, machinery and equipment | 23 | €5,859 | €4,468 | -€1,392 | -23.8% |
| Furniture and vehicles | 24 | €7,398 | €13,284 | +€5,887 | +79.6% |
| Other tangible fixed assets | 26 | €19,551 | €17,162 | -€2,388 | -12.2% |
| Current assets | 29/58 | €21,398 | €1,645 | -€19,753 | -92.3% |
| Amounts receivable within one year | 40/41 | €14,595 | - | -€14,595 | |
| Trade receivables | 40 | €11,495 | - | -€11,495 | |
| Other amounts receivable | 41 | €3,100 | - | -€3,100 | |
| Cash at bank and in hand | 54/58 | €6,803 | €1,645 | -€5,158 | -75.8% |
| Total equity and liabilities | 10/49 | €54,206 | €36,560 | -€17,646 | -32.6% |
| Equity | 10/15 | -€3,154 | €3,324 | +€6,479 | |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €9,134 | €9,134 | = | 0.0% |
| Distributable reserves | 133 | €9,134 | €9,134 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,788 | -€7,310 | +€6,479 | +47.0% |
| Amounts payable | 17/49 | €57,360 | €33,236 | -€24,124 | -42.1% |
| Amounts payable within one year | 42/48 | €57,360 | €33,236 | -€24,124 | -42.1% |
| Financial debts | 43 | €6 | €80 | +€74 | +1,241% |
| Credit institutions | 430/8 | €6 | €80 | +€74 | +1,241% |
| Trade debts | 44 | €2,865 | €817 | -€2,048 | -71.5% |
| Suppliers | 440/4 | €2,865 | €817 | -€2,048 | -71.5% |
| Taxes, remuneration and social security | 45 | €22,954 | €987 | -€21,967 | -95.7% |
| Taxes | 450/3 | €6,638 | €987 | -€5,651 | -85.1% |
| Remuneration and social security | 454/9 | €16,316 | - | -€16,316 | |
| Other amounts payable | 47/48 | €31,536 | €31,352 | -€184 | -0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,901 | €7,039 | +€1,138 | +19.3% |
| Other operating charges | 640/8 | €267 | €300 | +€33 | +12.3% |
| Gross operating margin | 9900 | €10,323 | €14,638 | +€4,316 | +41.8% |
| Operating profit (loss) | 9901 | €4,155 | €7,300 | +€3,144 | +75.7% |
| Financial income | 75/76B | - | €4 | +€4 | |
| Recurring financial income | 75 | - | €4 | +€4 | |
| Financial charges | 65/66B | €416 | €335 | -€81 | -19.5% |
| Recurring financial charges | 65 | €416 | €335 | -€81 | -19.5% |
| Profit (loss) for the period before taxes | 9903 | €3,739 | €6,969 | +€3,229 | +86.4% |
| Income taxes | 67/77 | €313 | €490 | +€177 | +56.7% |
| Profit (loss) for the period | 9904 | €3,427 | €6,479 | +€3,052 | +89.1% |
| Profit (loss) for the period to be appropriated | 9905 | €3,427 | €6,479 | +€3,052 | +89.1% |
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 22 October 2026 via checked.be.