GM SOFTWARE AND AUDIT: 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 SOFTWARE AND AUDIT
Largest movements
- Tangible fixed assets -€26,634
down €26,634 (-12.5%), from €212,963 to €186,329
of which Land and buildings: -€18,592
- Cash +€13,728
up €13,728 (+16.6%), from €82,555 to €96,283
mainly Depreciation (+€26,634) and Net result for the year (+€1,147)
- Other debts -€12,000
down €12,000 (-4.9%), from €246,355 to €234,355
- Gross operating margin +€1,526
up €1,526 (+3.8%), from €40,198 to €41,724
- Depreciation -€644
down €644 (-2.4%), from €27,278 to €26,634
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 | €295,518 | €283,346 | -€12,172 | -4.1% |
| Fixed assets | 21/28 | €212,963 | €186,329 | -€26,634 | -12.5% |
| Tangible fixed assets | 22/27 | €212,963 | €186,329 | -€26,634 | -12.5% |
| Land and buildings | 22 | €196,262 | €177,670 | -€18,592 | -9.5% |
| Plant, machinery and equipment | 23 | €3,780 | €3,095 | -€684 | -18.1% |
| Furniture and vehicles | 24 | €12,922 | €5,564 | -€7,358 | -56.9% |
| Current assets | 29/58 | €82,555 | €97,017 | +€14,462 | +17.5% |
| Amounts receivable within one year | 40/41 | - | €734 | +€734 | |
| Trade receivables | 40 | - | €618 | +€618 | |
| Other amounts receivable | 41 | - | €116 | +€116 | |
| Cash at bank and in hand | 54/58 | €82,555 | €96,283 | +€13,728 | +16.6% |
| Total equity and liabilities | 10/49 | €295,518 | €283,346 | -€12,172 | -4.1% |
| Equity | 10/15 | €20,082 | €21,229 | +€1,147 | +5.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €28,880 | €28,880 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €27,020 | €27,020 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,389 | -€26,242 | +€1,147 | +4.2% |
| Amounts payable | 17/49 | €275,436 | €262,117 | -€13,319 | -4.8% |
| Amounts payable within one year | 42/48 | €275,436 | €262,117 | -€13,319 | -4.8% |
| Current portion of amounts payable after more than one year | 42 | €1,680 | €1,680 | = | 0.0% |
| Trade debts | 44 | €3,076 | €1,735 | -€1,340 | -43.6% |
| Suppliers | 440/4 | €3,076 | €1,735 | -€1,340 | -43.6% |
| Taxes, remuneration and social security | 45 | €24,325 | €24,346 | +€21 | +0.1% |
| Taxes | 450/3 | €24,325 | €24,346 | +€21 | +0.1% |
| Other amounts payable | 47/48 | €246,355 | €234,355 | -€12,000 | -4.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,278 | €26,634 | -€644 | -2.4% |
| Other operating charges | 640/8 | €13,756 | €14,066 | +€309 | +2.2% |
| Gross operating margin | 9900 | €40,198 | €41,724 | +€1,526 | +3.8% |
| Operating profit (loss) | 9901 | -€837 | €1,024 | +€1,861 | |
| Financial income | 75/76B | €158 | €228 | +€70 | +44.2% |
| Recurring financial income | 75 | €158 | €228 | +€70 | +44.2% |
| Financial charges | 65/66B | €352 | €152 | -€199 | -56.7% |
| Recurring financial charges | 65 | €352 | €152 | -€199 | -56.7% |
| Profit (loss) for the period before taxes | 9903 | -€1,030 | €1,100 | +€2,130 | |
| Income taxes | 67/77 | €47 | -€47 | -€95 | |
| Profit (loss) for the period | 9904 | -€1,078 | €1,147 | +€2,225 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,078 | €1,147 | +€2,225 |
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 21 October 2026 via checked.be.