GMM CONSULTING: 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.
GMM CONSULTING
Largest movements
- Tangible fixed assets -€4,016
down €4,016 (-2.4%), from €169,532 to €165,516
of which Land and buildings: -€4,778
- Receivables within one year -€2,867
down €2,867 (-66.6%), from €4,308 to €1,441
of which Other amounts receivable: -€2,690
- Tax, wage and social debts -€12,454
down €12,454 (-83.0%), from €15,014 to €2,560
- Reserves +€8,855
up €8,855 (+18.4%), from €48,137 to €56,992
- Current portion of long-term debt -€3,806
no longer reported in 2025 (was €3,806)
- Gross operating margin -€11,475
down €11,475 (-28.4%), from €40,394 to €28,919
- Financial income -€6,021
down €6,021 (-98.6%), from €6,107 to €86
of which Non-recurring financial income: -€6,085
- Depreciation -€5,542
down €5,542 (-35.8%), from €15,493 to €9,951
- Taxes -€3,203
down €3,203 (-42.4%), from €7,560 to €4,357
- Financial charges -€2,604
down €2,604 (-72.7%), from €3,582 to €978
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.
Derived cash bridge
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 | €174,350 | €168,382 | -€5,968 | -3.4% |
| Fixed assets | 21/28 | €169,532 | €165,516 | -€4,016 | -2.4% |
| Tangible fixed assets | 22/27 | €169,532 | €165,516 | -€4,016 | -2.4% |
| Land and buildings | 22 | €167,905 | €163,127 | -€4,778 | -2.8% |
| Furniture and vehicles | 24 | €1,627 | €2,388 | +€762 | +46.8% |
| Current assets | 29/58 | €4,818 | €2,867 | -€1,952 | -40.5% |
| Amounts receivable within one year | 40/41 | €4,308 | €1,441 | -€2,867 | -66.6% |
| Trade receivables | 40 | €177 | - | -€177 | |
| Other amounts receivable | 41 | €4,131 | €1,441 | -€2,690 | -65.1% |
| Cash at bank and in hand | 54/58 | - | €1,426 | +€1,426 | |
| Deferred charges and accrued income | 490/1 | €510 | - | -€510 | |
| Total equity and liabilities | 10/49 | €174,350 | €168,382 | -€5,968 | -3.4% |
| Equity | 10/15 | €59,467 | €68,322 | +€8,855 | +14.9% |
| Contributions | 10/11 | €11,330 | €11,330 | = | 0.0% |
| Reserves | 13 | €48,137 | €56,992 | +€8,855 | +18.4% |
| Distributable reserves | 133 | €48,137 | €56,992 | +€8,855 | +18.4% |
| Amounts payable | 17/49 | €114,883 | €100,060 | -€14,823 | -12.9% |
| Amounts payable within one year | 42/48 | €114,883 | €100,060 | -€14,823 | -12.9% |
| Current portion of amounts payable after more than one year | 42 | €3,806 | - | -€3,806 | |
| Financial debts | 43 | €725 | €1,609 | +€884 | +122% |
| Credit institutions | 430/8 | €725 | €1,609 | +€884 | +122% |
| Trade debts | 44 | €1,297 | €2,150 | +€853 | +65.8% |
| Suppliers | 440/4 | €1,297 | €2,150 | +€853 | +65.8% |
| Taxes, remuneration and social security | 45 | €15,014 | €2,560 | -€12,454 | -83.0% |
| Taxes | 450/3 | €15,014 | €2,560 | -€12,454 | -83.0% |
| Other amounts payable | 47/48 | €94,041 | €93,741 | -€301 | -0.3% |
| Remuneration, social security and pensions | 62 | €1,664 | €1,745 | +€81 | +4.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,493 | €9,951 | -€5,542 | -35.8% |
| Other operating charges | 640/8 | €3,072 | €3,119 | +€48 | +1.5% |
| Gross operating margin | 9900 | €40,394 | €28,919 | -€11,475 | -28.4% |
| Operating profit (loss) | 9901 | €20,165 | €14,104 | -€6,061 | -30.1% |
| Financial income | 75/76B | €6,107 | €86 | -€6,021 | -98.6% |
| Recurring financial income | 75 | €22 | €86 | +€65 | +301% |
| Non-recurring financial income | 76B | €6,085 | - | -€6,085 | |
| Financial charges | 65/66B | €3,582 | €978 | -€2,604 | -72.7% |
| Recurring financial charges | 65 | €3,582 | €978 | -€2,604 | -72.7% |
| Profit (loss) for the period before taxes | 9903 | €22,690 | €13,212 | -€9,478 | -41.8% |
| Income taxes | 67/77 | €7,560 | €4,357 | -€3,203 | -42.4% |
| Profit (loss) for the period | 9904 | €15,130 | €8,855 | -€6,275 | -41.5% |
| Profit (loss) for the period to be appropriated | 9905 | €15,130 | €8,855 | -€6,275 | -41.5% |
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 31 October 2026 via checked.be.