GMC DESIGN: 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.
GMC DESIGN
Largest movements
- Receivables within one year +€24,968
up €24,968 (+81.0%), from €30,817 to €55,784
of which Trade receivables: +€16,450
- Deferred charges and accrued income -€1,052
no longer reported in 2025 (was €1,052)
- Trade debts +€20,916
up €20,916 (+823.9%), from €2,539 to €23,455
- Tax, wage and social debts +€1,325
up €1,325 (+24.5%), from €5,400 to €6,725
- Profit (loss) carried forward +€1,190
up €1,190 (+5.5%), from €21,487 to €22,677
- Gross operating margin -€25,635
down €25,635 (-97.4%), from €26,326 to €691
- Taxes -€5,055
down €5,055 (-93.6%), from €5,400 to €345
- Financial income +€740
up €740 (+126.7%), from €584 to €1,324
- Financial charges +€456
up €456 (+1945.8%), from €23 to €480
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 | €32,425 | €55,856 | +€23,431 | +72.3% |
| Fixed assets | 21/28 | €71 | €71 | = | 0.0% |
| Financial fixed assets | 28 | €71 | €71 | = | 0.0% |
| Current assets | 29/58 | €32,354 | €55,785 | +€23,431 | +72.4% |
| Amounts receivable within one year | 40/41 | €30,817 | €55,784 | +€24,968 | +81.0% |
| Trade receivables | 40 | €10,276 | €26,726 | +€16,450 | +160.1% |
| Other amounts receivable | 41 | €20,541 | €29,059 | +€8,518 | +41.5% |
| Cash at bank and in hand | 54/58 | €485 | €0 | -€485 | -99.9% |
| Deferred charges and accrued income | 490/1 | €1,052 | - | -€1,052 | |
| Total equity and liabilities | 10/49 | €32,425 | €55,856 | +€23,431 | +72.3% |
| Equity | 10/15 | €24,487 | €25,677 | +€1,190 | +4.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,487 | €22,677 | +€1,190 | +5.5% |
| Amounts payable | 17/49 | €7,939 | €30,179 | +€22,241 | +280.2% |
| Amounts payable within one year | 42/48 | €7,939 | €30,179 | +€22,241 | +280.2% |
| Trade debts | 44 | €2,539 | €23,455 | +€20,916 | +823.9% |
| Suppliers | 440/4 | €2,539 | €23,455 | +€20,916 | +823.9% |
| Taxes, remuneration and social security | 45 | €5,400 | €6,725 | +€1,325 | +24.5% |
| Taxes | 450/3 | €5,400 | €6,725 | +€1,325 | +24.5% |
| Gross operating margin | 9900 | €26,326 | €691 | -€25,635 | -97.4% |
| Operating profit (loss) | 9901 | €26,326 | €691 | -€25,635 | -97.4% |
| Financial income | 75/76B | €584 | €1,324 | +€740 | +126.7% |
| Recurring financial income | 75 | €584 | €1,324 | +€740 | +126.7% |
| Financial charges | 65/66B | €23 | €480 | +€456 | +1945.8% |
| Recurring financial charges | 65 | €23 | €480 | +€456 | +1945.8% |
| Profit (loss) for the period before taxes | 9903 | €26,886 | €1,535 | -€25,351 | -94.3% |
| Income taxes | 67/77 | €5,400 | €345 | -€5,055 | -93.6% |
| Profit (loss) for the period | 9904 | €21,487 | €1,190 | -€20,296 | -94.5% |
| Profit (loss) for the period to be appropriated | 9905 | €21,487 | €1,190 | -€20,296 | -94.5% |
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 10 October 2026 via checked.be.