GMLE: 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.
GMLE
Largest movements
- Cash +€25,312
up €25,312 (+255.5%), from €9,906 to €35,218
mainly Other debts (+€14,460) and Receivables within one year (+€10,509)
- Tangible fixed assets -€13,547
down €13,547 (-20.7%), from €65,439 to €51,892
of which Furniture and vehicles: -€11,390
- Receivables within one year -€10,509
down €10,509 (-41.9%), from €25,097 to €14,588
of which Trade receivables: -€11,115
- Profit (loss) carried forward -€17,275
down €17,275 (-29.0%), from -€59,648 to -€76,922
- Other debts +€14,460
up €14,460 (+9.8%), from €147,148 to €161,608
- Trade debts +€4,322
up €4,322 (+70.1%), from €6,162 to €10,483
- Gross operating margin -€22,786
down €22,786, from €13,840 to -€8,945
- Depreciation -€9,458
down €9,458 (-55.6%), from €17,017 to €7,559
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 | €100,442 | €101,949 | +€1,507 | +1.5% |
| Fixed assets | 21/28 | €65,439 | €51,892 | -€13,547 | -20.7% |
| Tangible fixed assets | 22/27 | €65,439 | €51,892 | -€13,547 | -20.7% |
| Land and buildings | 22 | €1,743 | €1,162 | -€581 | -33.3% |
| Plant, machinery and equipment | 23 | €0 | €5,270 | +€5,270 | |
| Furniture and vehicles | 24 | €11,390 | €0 | -€11,390 | -100.0% |
| Other tangible fixed assets | 26 | €52,306 | €45,461 | -€6,845 | -13.1% |
| Current assets | 29/58 | €35,003 | €50,057 | +€15,054 | +43.0% |
| Amounts receivable within one year | 40/41 | €25,097 | €14,588 | -€10,509 | -41.9% |
| Trade receivables | 40 | €23,983 | €12,868 | -€11,115 | -46.3% |
| Other amounts receivable | 41 | €1,114 | €1,720 | +€606 | +54.4% |
| Cash at bank and in hand | 54/58 | €9,906 | €35,218 | +€25,312 | +255.5% |
| Deferred charges and accrued income | 490/1 | - | €250 | +€250 | |
| Total equity and liabilities | 10/49 | €100,442 | €101,949 | +€1,507 | +1.5% |
| Equity | 10/15 | -€53,448 | -€70,722 | -€17,275 | -32.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€59,648 | -€76,922 | -€17,275 | -29.0% |
| Amounts payable | 17/49 | €153,890 | €172,672 | +€18,782 | +12.2% |
| Amounts payable within one year | 42/48 | €153,543 | €172,324 | +€18,782 | +12.2% |
| Trade debts | 44 | €6,162 | €10,483 | +€4,322 | +70.1% |
| Suppliers | 440/4 | €6,162 | €10,483 | +€4,322 | +70.1% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €233 | €233 | = | 0.0% |
| Taxes | 450/3 | €233 | €233 | = | 0.0% |
| Other amounts payable | 47/48 | €147,148 | €161,608 | +€14,460 | +9.8% |
| Accrued charges and deferred income | 492/3 | €348 | €348 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,017 | €7,559 | -€9,458 | -55.6% |
| Other operating charges | 640/8 | €387 | €417 | +€30 | +7.8% |
| Gross operating margin | 9900 | €13,840 | -€8,945 | -€22,786 | |
| Operating profit (loss) | 9901 | -€3,565 | -€16,922 | -€13,358 | -374.7% |
| Financial income | 75/76B | €3 | €22 | +€19 | +559.3% |
| Recurring financial income | 75 | €3 | €22 | +€19 | +559.3% |
| Financial charges | 65/66B | €364 | €375 | +€11 | +3.1% |
| Recurring financial charges | 65 | €364 | €375 | +€11 | +3.1% |
| Profit (loss) for the period before taxes | 9903 | -€3,925 | -€17,275 | -€13,350 | -340.1% |
| Profit (loss) for the period | 9904 | -€3,925 | -€17,275 | -€13,350 | -340.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,925 | -€17,275 | -€13,350 | -340.1% |
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 2 October 2026 via checked.be.