GMTI: 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.
GMTI
Largest movements
- Cash -€25,441
down €25,441 (-24.6%), from €103,615 to €78,174
mainly Other debts (-€21,282) and Net result for the year (-€2,750)
- Other debts -€21,282
down €21,282 (-19.9%), from €107,043 to €85,761
- Profit (loss) carried forward -€2,750
down €2,750, from €308 to -€2,442
- Gross operating margin +€1,775
up €1,775 (+42.5%), from -€4,173 to -€2,399
- Turnover +€1,409
new in 2025: €1,409
- Other operating charges -€651
down €651 (-71.9%), from €905 to €254
- Purchases and services -€366
down €366 (-8.8%), from €4,173 to €3,808
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 | €163,615 | €138,174 | -€25,441 | -15.5% |
| Fixed assets | 21/28 | €60,000 | €60,000 | = | 0.0% |
| Financial fixed assets | 28 | €60,000 | €60,000 | = | 0.0% |
| Current assets | 29/58 | €103,615 | €78,174 | -€25,441 | -24.6% |
| Cash at bank and in hand | 54/58 | €103,615 | €78,174 | -€25,441 | -24.6% |
| Total equity and liabilities | 10/49 | €163,615 | €138,174 | -€25,441 | -15.5% |
| Equity | 10/15 | €55,163 | €52,413 | -€2,750 | -5.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €36,255 | €36,255 | = | 0.0% |
| Non-distributable reserves | 130/1 | €8,385 | €8,385 | = | 0.0% |
| Reserves not available under the articles | 1311 | €8,385 | €8,385 | = | 0.0% |
| Distributable reserves | 133 | €27,870 | €27,870 | = | 0.0% |
| Profit (loss) carried forward | 14 | €308 | -€2,442 | -€2,750 | |
| Amounts payable | 17/49 | €108,452 | €85,761 | -€22,691 | -20.9% |
| Amounts payable within one year | 42/48 | €108,452 | €85,761 | -€22,691 | -20.9% |
| Trade debts | 44 | €1,409 | - | -€1,409 | |
| Suppliers | 440/4 | €1,409 | - | -€1,409 | |
| Other amounts payable | 47/48 | €107,043 | €85,761 | -€21,282 | -19.9% |
| Turnover | 70 | - | €1,409 | +€1,409 | |
| Goods, raw materials, services and sundry goods | 60/61 | €4,173 | €3,808 | -€366 | -8.8% |
| Other operating charges | 640/8 | €905 | €254 | -€651 | -71.9% |
| Gross operating margin | 9900 | -€4,173 | -€2,399 | +€1,775 | +42.5% |
| Operating profit (loss) | 9901 | -€5,079 | -€2,653 | +€2,426 | +47.8% |
| Financial charges | 65/66B | €101 | €98 | -€4 | -3.5% |
| Recurring financial charges | 65 | €101 | €98 | -€4 | -3.5% |
| Profit (loss) for the period before taxes | 9903 | -€5,180 | -€2,750 | +€2,429 | +46.9% |
| Profit (loss) for the period | 9904 | -€5,180 | -€2,750 | +€2,429 | +46.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,180 | -€2,750 | +€2,429 | +46.9% |
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 4 October 2026 via checked.be.