GMK Consulting: 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.
GMK Consulting
Largest movements
- Cash +€78,946
up €78,946 (+101.5%), from €77,777 to €156,722
mainly Net result for the year (+€110,791) and Depreciation (+€12,386)
- Receivables within one year +€28,556
up €28,556 (+152.8%), from €18,695 to €47,251
- Tangible fixed assets -€12,386
down €12,386 (-36.4%), from €34,062 to €21,676
- Reserves +€110,791
new in 2025: €110,791
- Tax, wage and social debts -€17,335
down €17,335 (-39.1%), from €44,390 to €27,056
of which Taxes: -€20,228
- Accrued charges and deferred income +€2,914
new in 2025: €2,914
- Gross operating margin +€65,075
up €65,075 (+62.5%), from €104,121 to €169,196
- Taxes +€25,399
up €25,399 (+123.2%), from €20,611 to €46,011
- Depreciation +€9,290
up €9,290 (+300.0%), from €3,097 to €12,386
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 | €130,533 | €225,649 | +€95,116 | +72.9% |
| Fixed assets | 21/28 | €34,062 | €21,676 | -€12,386 | -36.4% |
| Tangible fixed assets | 22/27 | €34,062 | €21,676 | -€12,386 | -36.4% |
| Furniture and vehicles | 24 | €34,062 | €21,676 | -€12,386 | -36.4% |
| Current assets | 29/58 | €96,471 | €203,973 | +€107,502 | +111.4% |
| Amounts receivable within one year | 40/41 | €18,695 | €47,251 | +€28,556 | +152.8% |
| Trade receivables | 40 | €18,695 | €47,251 | +€28,556 | +152.8% |
| Cash at bank and in hand | 54/58 | €77,777 | €156,722 | +€78,946 | +101.5% |
| Total equity and liabilities | 10/49 | €130,533 | €225,649 | +€95,116 | +72.9% |
| Equity | 10/15 | €83,412 | €194,203 | +€110,791 | +132.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €110,791 | +€110,791 | |
| Distributable reserves | 133 | - | €110,791 | +€110,791 | |
| Profit (loss) carried forward | 14 | €80,412 | €80,412 | = | 0.0% |
| Amounts payable | 17/49 | €47,121 | €31,446 | -€15,675 | -33.3% |
| Amounts payable within one year | 42/48 | €47,121 | €28,531 | -€18,589 | -39.5% |
| Trade debts | 44 | €2,730 | €1,475 | -€1,255 | -46.0% |
| Suppliers | 440/4 | €2,730 | €1,475 | -€1,255 | -46.0% |
| Taxes, remuneration and social security | 45 | €44,390 | €27,056 | -€17,335 | -39.1% |
| Taxes | 450/3 | €44,390 | €24,162 | -€20,228 | -45.6% |
| Remuneration and social security | 454/9 | - | €2,894 | +€2,894 | |
| Accrued charges and deferred income | 492/3 | - | €2,914 | +€2,914 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,097 | €12,386 | +€9,290 | +300.0% |
| Gross operating margin | 9900 | €104,121 | €169,196 | +€65,075 | +62.5% |
| Operating profit (loss) | 9901 | €101,025 | €156,810 | +€55,785 | +55.2% |
| Financial charges | 65/66B | €1 | €8 | +€6 | +512.7% |
| Recurring financial charges | 65 | €1 | €8 | +€6 | +512.7% |
| Profit (loss) for the period before taxes | 9903 | €101,023 | €156,802 | +€55,779 | +55.2% |
| Income taxes | 67/77 | €20,611 | €46,011 | +€25,399 | +123.2% |
| Profit (loss) for the period | 9904 | €80,412 | €110,791 | +€30,379 | +37.8% |
| Profit (loss) for the period to be appropriated | 9905 | €80,412 | €110,791 | +€30,379 | +37.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.