GREY MATTER CONSULTING: what changed
What changed
GREY MATTER CONSULTING
NACE 62.200, Computer consultancy and computer facilities management
filed annual accounts (NBB)
Net result for the year
€78,044
2024 · €87,305-€9,261
Equity
€5,000
2024 · €245,384-€240,384
Cash
€73,121
2024 · €269,088-€195,968
Balance sheet total
€108,952
2024 · €305,297-€196,345
Largest movements
Assets
- Cash -€195,968
down €195,968 (-72.8%), from €269,088 to €73,121
mainly Contributions, distributions and other (-€318,428) and Tax, wage and social debts (-€22,158)
Equity and liabilities
- Reserves -€240,384
down €240,384 (-100%), from €240,384 to €0
- Other debts +€66,337
new in 2025: €66,337
- Tax, wage and social debts -€22,158
down €22,158 (-38.1%), from €58,164 to €36,006
of which Taxes: -€25,158
Income statement
- Gross operating margin -€9,486
down €9,486 (-8.6%), from €110,197 to €100,711
- Taxes -€2,928
down €2,928 (-12.9%), from €22,787 to €19,858
- Financial income -€1,821
down €1,821 (-99.5%), from €1,830 to €9
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€87,305
Gross operating margin
-€9,486
Depreciation
-€341
Other operating charges
-€403
Financial income
-€1,821
Financial charges
-€139
Taxes
+€2,928
Result 2025
€78,044
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€123,757
Investment
-€1,297
Financing
-€318,428
Cash 2024
€269,088
From operations (derived)
+€123,757
Net result for the year
+€78,044
Depreciation
+€827
Receivables within one year
+€847
Trade debts
-€140
Tax, wage and social debts
-€22,158
Other debts
+€66,337
Investment (derived)
-€1,297
Investment in fixed assets (net)
-€1,297
Financing
-€318,428
Contributions, distributions and other
-€318,428
Cash 2025
€73,121
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €305,297 | €108,952 | -€196,345 | -64.3% |
| Fixed assets | 21/28 | €1,813 | €2,283 | +€469 | +25.9% |
| Tangible fixed assets | 22/27 | €1,413 | €1,883 | +€469 | +33.2% |
| Furniture and vehicles | 24 | €1,413 | €1,883 | +€469 | +33.2% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €303,484 | €106,669 | -€196,814 | -64.9% |
| Amounts receivable within one year | 40/41 | €34,395 | €33,549 | -€847 | -2.5% |
| Trade receivables | 40 | €33,941 | €33,351 | -€590 | -1.7% |
| Other amounts receivable | 41 | €455 | €198 | -€257 | -56.5% |
| Cash at bank and in hand | 54/58 | €269,088 | €73,121 | -€195,968 | -72.8% |
| Total equity and liabilities | 10/49 | €305,297 | €108,952 | -€196,345 | -64.3% |
| Equity | 10/15 | €245,384 | €5,000 | -€240,384 | -98.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €240,384 | €0 | -€240,384 | -100% |
| Distributable reserves | 133 | €240,384 | €0 | -€240,384 | -100% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €59,913 | €103,952 | +€44,039 | +73.5% |
| Amounts payable within one year | 42/48 | €59,913 | €103,952 | +€44,039 | +73.5% |
| Trade debts | 44 | €1,748 | €1,609 | -€140 | -8.0% |
| Suppliers | 440/4 | €1,748 | €1,609 | -€140 | -8.0% |
| Taxes, remuneration and social security | 45 | €58,164 | €36,006 | -€22,158 | -38.1% |
| Taxes | 450/3 | €58,164 | €33,006 | -€25,158 | -43.3% |
| Remuneration and social security | 454/9 | - | €3,000 | +€3,000 | |
| Other amounts payable | 47/48 | - | €66,337 | +€66,337 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €486 | €827 | +€341 | +70.2% |
| Other operating charges | 640/8 | €159 | €562 | +€403 | +254% |
| Gross operating margin | 9900 | €110,197 | €100,711 | -€9,486 | -8.6% |
| Operating profit (loss) | 9901 | €109,552 | €99,322 | -€10,230 | -9.3% |
| Financial income | 75/76B | €1,830 | €9 | -€1,821 | -99.5% |
| Recurring financial income | 75 | €1,830 | €9 | -€1,821 | -99.5% |
| Financial charges | 65/66B | €1,290 | €1,429 | +€139 | +10.8% |
| Recurring financial charges | 65 | €1,290 | €1,429 | +€139 | +10.8% |
| Profit (loss) for the period before taxes | 9903 | €110,092 | €97,902 | -€12,190 | -11.1% |
| Income taxes | 67/77 | €22,787 | €19,858 | -€2,928 | -12.9% |
| Profit (loss) for the period | 9904 | €87,305 | €78,044 | -€9,261 | -10.6% |
| Profit (loss) for the period to be appropriated | 9905 | €87,305 | €78,044 | -€9,261 | -10.6% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.