GM Events & Projects: 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 Events & Projects
Largest movements
- Cash +€17,829
up €17,829 (+4,061%), from €439 to €18,268
mainly Net result for the year (+€25,424) and Receivables within one year (+€9,318)
- Receivables within one year -€9,318
down €9,318 (-51.8%), from €18,000 to €8,682
- Tangible fixed assets +€2,681
new in 2025: €2,681
- Financial fixed assets +€900
new in 2025: €900
- Profit (loss) carried forward +€25,424
up €25,424 (+97.4%), from -€26,094 to -€670
- Other debts -€7,648
down €7,648 (-37.0%), from €20,682 to €13,033
- Tax, wage and social debts -€2,809
down €2,809 (-42.5%), from €6,606 to €3,797
- Trade debts -€2,569
down €2,569 (-86.1%), from €2,985 to €416
- Contributions +€1,860
up €1,860 (+15.0%), from €12,400 to €14,260
- Gross operating margin +€7,513
up €7,513 (+37.5%), from €20,023 to €27,536
- Other operating charges +€1,230
up €1,230 (+1,984%), from €62 to €1,292
- Financial charges -€1,133
down €1,133 (-73.4%), from €1,543 to €411
- Depreciation +€409
new in 2025: €409
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 | €18,439 | €30,837 | +€12,398 | +67.2% |
| Fixed assets | 21/28 | - | €3,581 | +€3,581 | |
| Tangible fixed assets | 22/27 | - | €2,681 | +€2,681 | |
| Furniture and vehicles | 24 | - | €2,681 | +€2,681 | |
| Financial fixed assets | 28 | - | €900 | +€900 | |
| Current assets | 29/58 | €18,439 | €27,256 | +€8,817 | +47.8% |
| Amounts receivable within one year | 40/41 | €18,000 | €8,682 | -€9,318 | -51.8% |
| Trade receivables | 40 | €18,000 | €8,682 | -€9,318 | -51.8% |
| Cash at bank and in hand | 54/58 | €439 | €18,268 | +€17,829 | +4,061% |
| Deferred charges and accrued income | 490/1 | - | €307 | +€307 | |
| Total equity and liabilities | 10/49 | €18,439 | €30,837 | +€12,398 | +67.2% |
| Equity | 10/15 | -€11,834 | €13,590 | +€25,424 | |
| Contributions | 10/11 | €12,400 | €14,260 | +€1,860 | +15.0% |
| Reserves | 13 | €1,860 | - | -€1,860 | |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Profit (loss) carried forward | 14 | -€26,094 | -€670 | +€25,424 | +97.4% |
| Amounts payable | 17/49 | €30,273 | €17,247 | -€13,026 | -43.0% |
| Amounts payable within one year | 42/48 | €30,273 | €17,247 | -€13,026 | -43.0% |
| Trade debts | 44 | €2,985 | €416 | -€2,569 | -86.1% |
| Suppliers | 440/4 | €2,985 | €416 | -€2,569 | -86.1% |
| Taxes, remuneration and social security | 45 | €6,606 | €3,797 | -€2,809 | -42.5% |
| Taxes | 450/3 | €6,606 | €3,797 | -€2,809 | -42.5% |
| Other amounts payable | 47/48 | €20,682 | €13,033 | -€7,648 | -37.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €409 | +€409 | |
| Other operating charges | 640/8 | €62 | €1,292 | +€1,230 | +1,984% |
| Gross operating margin | 9900 | €20,023 | €27,536 | +€7,513 | +37.5% |
| Operating profit (loss) | 9901 | €19,961 | €25,835 | +€5,874 | +29.4% |
| Financial charges | 65/66B | €1,543 | €411 | -€1,133 | -73.4% |
| Recurring financial charges | 65 | €1,543 | €411 | -€1,133 | -73.4% |
| Profit (loss) for the period before taxes | 9903 | €18,417 | €25,424 | +€7,006 | +38.0% |
| Profit (loss) for the period | 9904 | €18,417 | €25,424 | +€7,006 | +38.0% |
| Profit (loss) for the period to be appropriated | 9905 | €18,417 | €25,424 | +€7,006 | +38.0% |
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 21 October 2026 via checked.be.