GMK Services: 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 Services
Largest movements
- Deferred charges and accrued income +€5,915
up €5,915 (+6958.8%), from €85 to €6,000
- Receivables within one year -€3,602
down €3,602 (-22.5%), from €16,042 to €12,439
of which Trade receivables: -€4,241
- Cash +€1,929
up €1,929 (+70.1%), from €2,753 to €4,682
mainly Receivables within one year (+€3,602) and Tax, wage and social debts (+€3,230)
- Tangible fixed assets -€412
down €412 (-34.6%), from €1,192 to €780
- Tax, wage and social debts +€3,230
new in 2025: €3,230
of which Remuneration and social security: +€1,860
- Profit (loss) carried forward +€1,809
new in 2025: €1,809
- Accrued charges and deferred income -€828
down €828 (-33.3%), from €2,486 to €1,658
- Trade debts -€381
no longer reported in 2025 (was €381)
- Gross operating margin -€13,955
down €13,955 (-78.0%), from €17,888 to €3,933
- Taxes -€3,598
down €3,598 (-72.1%), from €4,991 to €1,393
- Other operating charges -€430
down €430 (-63.4%), from €678 to €248
- Depreciation +€368
up €368 (+835.8%), from €44 to €412
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 | €20,071 | €23,901 | +€3,830 | +19.1% |
| Fixed assets | 21/28 | €1,192 | €780 | -€412 | -34.6% |
| Tangible fixed assets | 22/27 | €1,192 | €780 | -€412 | -34.6% |
| Furniture and vehicles | 24 | €1,192 | €780 | -€412 | -34.6% |
| Current assets | 29/58 | €18,880 | €23,121 | +€4,242 | +22.5% |
| Amounts receivable within one year | 40/41 | €16,042 | €12,439 | -€3,602 | -22.5% |
| Trade receivables | 40 | €13,053 | €8,812 | -€4,241 | -32.5% |
| Other amounts receivable | 41 | €2,989 | €3,627 | +€638 | +21.4% |
| Cash at bank and in hand | 54/58 | €2,753 | €4,682 | +€1,929 | +70.1% |
| Deferred charges and accrued income | 490/1 | €85 | €6,000 | +€5,915 | +6958.8% |
| Total equity and liabilities | 10/49 | €20,071 | €23,901 | +€3,830 | +19.1% |
| Equity | 10/15 | €17,204 | €19,013 | +€1,809 | +10.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €12,204 | €12,204 | = | 0.0% |
| Distributable reserves | 133 | €12,204 | €12,204 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €1,809 | +€1,809 | |
| Amounts payable | 17/49 | €2,867 | €4,888 | +€2,021 | +70.5% |
| Amounts payable within one year | 42/48 | €381 | €3,230 | +€2,849 | +747.6% |
| Trade debts | 44 | €381 | - | -€381 | |
| Suppliers | 440/4 | €381 | - | -€381 | |
| Taxes, remuneration and social security | 45 | - | €3,230 | +€3,230 | |
| Taxes | 450/3 | - | €1,370 | +€1,370 | |
| Remuneration and social security | 454/9 | - | €1,860 | +€1,860 | |
| Accrued charges and deferred income | 492/3 | €2,486 | €1,658 | -€828 | -33.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44 | €412 | +€368 | +835.8% |
| Other operating charges | 640/8 | €678 | €248 | -€430 | -63.4% |
| Gross operating margin | 9900 | €17,888 | €3,933 | -€13,955 | -78.0% |
| Operating profit (loss) | 9901 | €17,166 | €3,273 | -€13,893 | -80.9% |
| Financial income | 75/76B | €84 | €85 | +€0 | +0.3% |
| Recurring financial income | 75 | €84 | €85 | +€0 | +0.3% |
| Financial charges | 65/66B | €55 | €156 | +€101 | +183.7% |
| Recurring financial charges | 65 | €55 | €156 | +€101 | +183.7% |
| Profit (loss) for the period before taxes | 9903 | €17,195 | €3,202 | -€13,993 | -81.4% |
| Income taxes | 67/77 | €4,991 | €1,393 | -€3,598 | -72.1% |
| Profit (loss) for the period | 9904 | €12,204 | €1,809 | -€10,395 | -85.2% |
| Profit (loss) for the period to be appropriated | 9905 | €12,204 | €1,809 | -€10,395 | -85.2% |
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.