GMT 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.
GMT CONSULTING
Largest movements
- Receivables within one year +€28,078
up €28,078 (+6.7%), from €417,226 to €445,304
of which Other amounts receivable: +€119,841
- Tangible fixed assets -€22,263
down €22,263 (-28.7%), from €77,511 to €55,248
of which Other tangible fixed assets: -€23,112
- Tax, wage and social debts +€76,376
up €76,376 (+37.5%), from €203,600 to €279,976
of which Taxes: +€58,297
- Other debts -€62,049
down €62,049 (-30.3%), from €204,967 to €142,918
- Trade debts +€37,983
up €37,983 (+19.1%), from €198,799 to €236,782
- Advances received -€27,000
no longer reported in 2024 (was €27,000)
- Profit (loss) carried forward -€11,158
down €11,158 (-6.8%), from -€163,488 to -€174,646
- Purchases and services -€89,583
down €89,583 (-10.2%), from €882,317 to €792,734
- Gross operating margin +€41,931
up €41,931 (+11.5%), from €364,099 to €406,030
- Turnover -€37,746
down €37,746 (-3.1%), from €1.2m to €1.2m
- Staff costs -€35,017
down €35,017 (-9.0%), from €389,513 to €354,496
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €509,614 | €514,180 | +€4,566 | +0.9% |
| Fixed assets | 21/28 | €82,243 | €59,980 | -€22,263 | -27.1% |
| Tangible fixed assets | 22/27 | €77,511 | €55,248 | -€22,263 | -28.7% |
| Furniture and vehicles | 24 | €195 | €1,044 | +€849 | +435% |
| Other tangible fixed assets | 26 | €77,316 | €54,204 | -€23,112 | -29.9% |
| Financial fixed assets | 28 | €4,732 | €4,732 | = | 0.0% |
| Current assets | 29/58 | €427,371 | €454,200 | +€26,829 | +6.3% |
| Amounts receivable within one year | 40/41 | €417,226 | €445,304 | +€28,078 | +6.7% |
| Trade receivables | 40 | €412,126 | €320,363 | -€91,763 | -22.3% |
| Other amounts receivable | 41 | €5,100 | €124,941 | +€119,841 | +2,350% |
| Cash at bank and in hand | 54/58 | €7,301 | €3,548 | -€3,753 | -51.4% |
| Deferred charges and accrued income | 490/1 | €2,844 | €5,348 | +€2,504 | +88.0% |
| Total equity and liabilities | 10/49 | €509,614 | €514,180 | +€4,566 | +0.9% |
| Equity | 10/15 | -€134,338 | -€145,496 | -€11,158 | -8.3% |
| Contributions | 10/11 | €26,500 | €29,150 | +€2,650 | +10.0% |
| Reserves | 13 | €2,650 | - | -€2,650 | |
| Non-distributable reserves | 130/1 | €2,650 | - | -€2,650 | |
| Reserves not available under the articles | 1311 | €2,650 | - | -€2,650 | |
| Profit (loss) carried forward | 14 | -€163,488 | -€174,646 | -€11,158 | -6.8% |
| Amounts payable | 17/49 | €643,952 | €659,676 | +€15,724 | +2.4% |
| Amounts payable within one year | 42/48 | €643,952 | €659,676 | +€15,724 | +2.4% |
| Current portion of amounts payable after more than one year | 42 | €5,601 | - | -€5,601 | |
| Financial debts | 43 | €3,985 | - | -€3,985 | |
| Credit institutions | 430/8 | €3,985 | - | -€3,985 | |
| Trade debts | 44 | €198,799 | €236,782 | +€37,983 | +19.1% |
| Suppliers | 440/4 | €198,799 | €236,782 | +€37,983 | +19.1% |
| Advances received on contracts in progress | 46 | €27,000 | - | -€27,000 | |
| Taxes, remuneration and social security | 45 | €203,600 | €279,976 | +€76,376 | +37.5% |
| Taxes | 450/3 | €81,748 | €140,045 | +€58,297 | +71.3% |
| Remuneration and social security | 454/9 | €121,852 | €139,931 | +€18,079 | +14.8% |
| Other amounts payable | 47/48 | €204,967 | €142,918 | -€62,049 | -30.3% |
| Turnover | 70 | €1,224,965 | €1,187,219 | -€37,746 | -3.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €882,317 | €792,734 | -€89,583 | -10.2% |
| Remuneration, social security and pensions | 62 | €389,513 | €354,496 | -€35,017 | -9.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,893 | €23,376 | +€1,483 | +6.8% |
| Other operating charges | 640/8 | €7,017 | €9,017 | +€2,000 | +28.5% |
| Gross operating margin | 9900 | €364,099 | €406,030 | +€41,931 | +11.5% |
| Operating profit (loss) | 9901 | -€54,324 | €19,141 | +€73,465 | |
| Financial income | 75/76B | €2 | €2 | = | 0.0% |
| Recurring financial income | 75 | €2 | €2 | = | 0.0% |
| Financial charges | 65/66B | €17,795 | €29,687 | +€11,892 | +66.8% |
| Recurring financial charges | 65 | €17,795 | €29,687 | +€11,892 | +66.8% |
| Profit (loss) for the period before taxes | 9903 | -€72,117 | -€10,544 | +€61,573 | +85.4% |
| Income taxes | 67/77 | €249 | €614 | +€365 | +147% |
| Profit (loss) for the period | 9904 | -€72,366 | -€11,158 | +€61,208 | +84.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€72,366 | -€11,158 | +€61,208 | +84.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.