GM5 Gym: what changed
GM5 Gym
Largest movements
- Tangible fixed assets -€11,933
down €11,933 (-7.1%), from €168,769 to €156,836
of which Plant, machinery and equipment: -€7,974
- Receivables within one year -€11,100
down €11,100 (-13.7%), from €81,000 to €69,900
- Cash -€5,962
down €5,962 (-4.0%), from €149,987 to €144,025
mainly Contributions, distributions and other (-€90,000) and Debts after one year (-€27,033)
- Other debts +€90,000
new in 2025: €90,000
- Profit (loss) carried forward -€64,558
down €64,558 (-57.9%), from €111,443 to €46,885
- Debts after one year -€27,033
down €27,033 (-20.8%), from €129,891 to €102,858
- Trade debts -€22,932
down €22,932 (-39.4%), from €58,176 to €35,244
- Tax, wage and social debts -€12,031
down €12,031 (-26.5%), from €45,338 to €33,307
of which Remuneration and social security: -€8,965
- Staff costs +€27,968
up €27,968 (+16.1%), from €173,511 to €201,479
- Taxes -€6,523
down €6,523 (-40.2%), from €16,221 to €9,698
- Gross operating margin +€5,021
up €5,021 (+1.9%), from €264,935 to €269,956
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €419,017 | €385,831 | -€33,186 | -7.9% |
| Fixed assets | 21/28 | €187,430 | €171,577 | -€15,853 | -8.5% |
| Intangible fixed assets | 21 | €18,661 | €14,741 | -€3,920 | -21.0% |
| Tangible fixed assets | 22/27 | €168,769 | €156,836 | -€11,933 | -7.1% |
| Plant, machinery and equipment | 23 | €133,172 | €125,198 | -€7,974 | -6.0% |
| Furniture and vehicles | 24 | €35,597 | €31,638 | -€3,959 | -11.1% |
| Current assets | 29/58 | €231,587 | €214,254 | -€17,333 | -7.5% |
| Amounts receivable within one year | 40/41 | €81,000 | €69,900 | -€11,100 | -13.7% |
| Other amounts receivable | 41 | €81,000 | €69,900 | -€11,100 | -13.7% |
| Cash at bank and in hand | 54/58 | €149,987 | €144,025 | -€5,962 | -4.0% |
| Deferred charges and accrued income | 490/1 | €600 | €329 | -€271 | -45.2% |
| Total equity and liabilities | 10/49 | €419,017 | €385,831 | -€33,186 | -7.9% |
| Equity | 10/15 | €161,443 | €96,885 | -€64,558 | -40.0% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €111,443 | €46,885 | -€64,558 | -57.9% |
| Amounts payable | 17/49 | €257,574 | €288,946 | +€31,372 | +12.2% |
| Amounts payable after more than one year | 17 | €129,891 | €102,858 | -€27,033 | -20.8% |
| Financial debts | 170/4 | €129,891 | €102,858 | -€27,033 | -20.8% |
| Amounts payable within one year | 42/48 | €127,683 | €186,089 | +€58,405 | +45.7% |
| Current portion of amounts payable after more than one year | 42 | €24,170 | €27,033 | +€2,863 | +11.8% |
| Financial debts | 43 | - | €505 | +€505 | |
| Credit institutions | 430/8 | - | €505 | +€505 | |
| Trade debts | 44 | €58,176 | €35,244 | -€22,932 | -39.4% |
| Suppliers | 440/4 | €58,176 | €35,244 | -€22,932 | -39.4% |
| Taxes, remuneration and social security | 45 | €45,338 | €33,307 | -€12,031 | -26.5% |
| Taxes | 450/3 | €18,402 | €15,336 | -€3,066 | -16.7% |
| Remuneration and social security | 454/9 | €26,936 | €17,971 | -€8,965 | -33.3% |
| Other amounts payable | 47/48 | - | €90,000 | +€90,000 | |
| Remuneration, social security and pensions | 62 | €173,511 | €201,479 | +€27,968 | +16.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,538 | €27,830 | +€1,291 | +4.9% |
| Other operating charges | 640/8 | €82 | €248 | +€166 | +201% |
| Gross operating margin | 9900 | €264,935 | €269,956 | +€5,021 | +1.9% |
| Operating profit (loss) | 9901 | €64,804 | €40,399 | -€24,404 | -37.7% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €6,973 | €5,260 | -€1,714 | -24.6% |
| Recurring financial charges | 65 | €6,973 | €5,260 | -€1,714 | -24.6% |
| Profit (loss) for the period before taxes | 9903 | €57,830 | €35,140 | -€22,691 | -39.2% |
| Income taxes | 67/77 | €16,221 | €9,698 | -€6,523 | -40.2% |
| Profit (loss) for the period | 9904 | €41,609 | €25,442 | -€16,167 | -38.9% |
| Profit (loss) for the period to be appropriated | 9905 | €41,609 | €25,442 | -€16,167 | -38.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.