GMT SOFTWARE AND 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 SOFTWARE AND CONSULTING
Largest movements
- Receivables within one year -€8,369
down €8,369 (-98.8%), from €8,467 to €98
of which Trade receivables: -€8,000
- Cash -€8,141
down €8,141 (-31.2%), from €26,112 to €17,971
mainly Net result for the year (-€15,904) and Tax, wage and social debts (-€4,836)
- Deferred charges and accrued income -€3,450
down €3,450 (-78.9%), from €4,370 to €920
- Tangible fixed assets -€2,447
down €2,447 (-5.7%), from €42,875 to €40,427
of which Furniture and vehicles: -€1,261
- Reserves -€15,904
down €15,904 (-24.2%), from €65,641 to €49,737
of which Distributable reserves: -€15,904
- Tax, wage and social debts -€4,836
down €4,836 (-98.7%), from €4,897 to €62
of which Taxes: -€4,836
- Other debts -€1,430
down €1,430 (-35.4%), from €4,035 to €2,605
- Gross operating margin -€28,345
down €28,345, from €15,305 to -€13,040
- Depreciation -€9,783
down €9,783 (-80.0%), from €12,230 to €2,447
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 | €81,824 | €59,416 | -€22,408 | -27.4% |
| Fixed assets | 21/28 | €42,875 | €40,427 | -€2,447 | -5.7% |
| Tangible fixed assets | 22/27 | €42,875 | €40,427 | -€2,447 | -5.7% |
| Land and buildings | 22 | €37,762 | €36,576 | -€1,186 | -3.1% |
| Furniture and vehicles | 24 | €5,113 | €3,852 | -€1,261 | -24.7% |
| Current assets | 29/58 | €38,949 | €18,988 | -€19,961 | -51.2% |
| Amounts receivable within one year | 40/41 | €8,467 | €98 | -€8,369 | -98.8% |
| Trade receivables | 40 | €8,000 | €0 | -€8,000 | -100% |
| Other amounts receivable | 41 | €467 | €98 | -€369 | -79.1% |
| Cash at bank and in hand | 54/58 | €26,112 | €17,971 | -€8,141 | -31.2% |
| Deferred charges and accrued income | 490/1 | €4,370 | €920 | -€3,450 | -78.9% |
| Total equity and liabilities | 10/49 | €81,824 | €59,416 | -€22,408 | -27.4% |
| Equity | 10/15 | €71,841 | €55,937 | -€15,904 | -22.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €65,641 | €49,737 | -€15,904 | -24.2% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €5,000 | €5,000 | = | 0.0% |
| Distributable reserves | 133 | €60,641 | €44,737 | -€15,904 | -26.2% |
| Amounts payable | 17/49 | €9,983 | €3,479 | -€6,505 | -65.2% |
| Amounts payable within one year | 42/48 | €9,983 | €3,479 | -€6,505 | -65.2% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €1,051 | €812 | -€239 | -22.7% |
| Suppliers | 440/4 | €1,051 | €812 | -€239 | -22.7% |
| Taxes, remuneration and social security | 45 | €4,897 | €62 | -€4,836 | -98.7% |
| Taxes | 450/3 | €4,897 | €62 | -€4,836 | -98.7% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €4,035 | €2,605 | -€1,430 | -35.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,230 | €2,447 | -€9,783 | -80.0% |
| Other operating charges | 640/8 | €2 | €67 | +€65 | +3,090% |
| Gross operating margin | 9900 | €15,305 | -€13,040 | -€28,345 | |
| Operating profit (loss) | 9901 | €3,073 | -€15,555 | -€18,628 | |
| Financial income | 75/76B | €25 | €30 | +€6 | +22.3% |
| Recurring financial income | 75 | €25 | €30 | +€6 | +22.3% |
| Financial charges | 65/66B | €470 | €320 | -€150 | -31.9% |
| Recurring financial charges | 65 | €470 | €320 | -€150 | -31.9% |
| Profit (loss) for the period before taxes | 9903 | €2,628 | -€15,844 | -€18,472 | |
| Income taxes | 67/77 | €137 | €59 | -€78 | -56.7% |
| Profit (loss) for the period | 9904 | €2,491 | -€15,904 | -€18,394 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,491 | -€15,904 | -€18,394 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.