GM PRO CONCEPT: what changed
Two fiscal 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 PRO CONCEPT
Largest movements
- Tangible fixed assets +€8,675
up €8,675 (+129.4%), from €6,703 to €15,378
of which Furniture and vehicles: +€8,935
- Cash +€2,390
up €2,390 (+120.3%), from €1,986 to €4,376
mainly Net result for the year (+€5,744) and Debts after one year (+€3,585)
- Receivables within one year +€804
up €804 (+11.5%), from €7,014 to €7,818
of which Other amounts receivable: +€2,454
- Formation expenses -€465
down €465 (-30.5%), from €1,525 to €1,059
- Profit (loss) carried forward +€5,744
up €5,744 (+62.0%), from €9,258 to €15,002
- Debts after one year +€3,585
new in 2025: €3,585
- Current portion of long-term debt +€1,941
new in 2025: €1,941
- Other debts -€827
no longer reported in 2025 (was €827)
- Tax, wage and social debts +€618
up €618 (+22.3%), from €2,770 to €3,388
- Turnover +€24,558
new in 2025: €24,558
- Purchases and services +€13,240
new in 2025: €13,240
- Gross operating margin -€1,848
down €1,848 (-14.0%), from €13,166 to €11,318
- Depreciation +€1,546
up €1,546 (+102.5%), from €1,509 to €3,055
- Taxes -€761
down €761 (-33.1%), from €2,303 to €1,542
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.
Cash bridge derived
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 | €17,495 | €29,080 | +€11,585 | +66.2% |
| Formation expenses | 20 | €1,525 | €1,059 | -€465 | -30.5% |
| Fixed assets | 21/28 | €6,703 | €15,378 | +€8,675 | +129.4% |
| Tangible fixed assets | 22/27 | €6,703 | €15,378 | +€8,675 | +129.4% |
| Plant, machinery and equipment | 23 | €1,006 | €747 | -€260 | -25.8% |
| Furniture and vehicles | 24 | €5,696 | €14,631 | +€8,935 | +156.8% |
| Current assets | 29/58 | €9,267 | €12,643 | +€3,375 | +36.4% |
| Amounts receivable within one year | 40/41 | €7,014 | €7,818 | +€804 | +11.5% |
| Trade receivables | 40 | €7,014 | €5,364 | -€1,650 | -23.5% |
| Other amounts receivable | 41 | - | €2,454 | +€2,454 | |
| Cash at bank and in hand | 54/58 | €1,986 | €4,376 | +€2,390 | +120.3% |
| Deferred charges and accrued income | 490/1 | €267 | €448 | +€181 | +67.8% |
| Total equity and liabilities | 10/49 | €17,495 | €29,080 | +€11,585 | +66.2% |
| Equity | 10/15 | €12,258 | €18,002 | +€5,744 | +46.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,258 | €15,002 | +€5,744 | +62.0% |
| Amounts payable | 17/49 | €5,237 | €11,077 | +€5,841 | +111.5% |
| Amounts payable after more than one year | 17 | - | €3,585 | +€3,585 | |
| Financial debts | 170/4 | - | €3,585 | +€3,585 | |
| Amounts payable within one year | 42/48 | €5,237 | €7,492 | +€2,255 | +43.1% |
| Current portion of amounts payable after more than one year | 42 | - | €1,941 | +€1,941 | |
| Trade debts | 44 | €1,640 | €2,163 | +€523 | +31.9% |
| Suppliers | 440/4 | €1,640 | €2,163 | +€523 | +31.9% |
| Taxes, remuneration and social security | 45 | €2,770 | €3,388 | +€618 | +22.3% |
| Taxes | 450/3 | €2,770 | €3,388 | +€618 | +22.3% |
| Other amounts payable | 47/48 | €827 | - | -€827 | |
| Turnover | 70 | - | €24,558 | +€24,558 | |
| Non-recurring operating income | 76A | - | €0 | +€0 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €13,240 | +€13,240 | |
| Remuneration, social security and pensions | 62 | €631 | €669 | +€37 | +5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,509 | €3,055 | +€1,546 | +102.5% |
| Gross operating margin | 9900 | €13,166 | €11,318 | -€1,848 | -14.0% |
| Operating profit (loss) | 9901 | €11,026 | €7,594 | -€3,432 | -31.1% |
| Financial income | 75/76B | €0 | €44 | +€44 | +109325.0% |
| Recurring financial income | 75 | €0 | €44 | +€44 | +109325.0% |
| Non-recurring financial income | 76B | €0 | - | -€0 | |
| Financial charges | 65/66B | €51 | €352 | +€301 | +589.6% |
| Recurring financial charges | 65 | €47 | €352 | +€305 | +642.1% |
| Non-recurring financial charges | 66B | €4 | - | -€4 | |
| Profit (loss) for the period before taxes | 9903 | €10,975 | €7,286 | -€3,689 | -33.6% |
| Income taxes | 67/77 | €2,303 | €1,542 | -€761 | -33.1% |
| Profit (loss) for the period | 9904 | €8,672 | €5,744 | -€2,928 | -33.8% |
| Profit (loss) for the period to be appropriated | 9905 | €8,672 | €5,744 | -€2,928 | -33.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.