G & N SOLUTION
InactiveFinancials · financial year 2025, micro format
Turnover
€28,999▲ 48.6%
2020 · €19,511
EBIT margin
-15.8%▼ 31.2pp
2020 · 15.4%
Net result
€63
2023 · -€3,671
Working capital
-€2,570
2023 · €3,082
Trend over the years
2020 to 2025, 5 financial years 2018 to 2025, 7 financial years
The operating result is €166 in 2025, compared with -€3,576 in 2023. Comparable figures for the intervening years are unavailable.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Turnover€28,999
2021
Operating result€166
2025
Net result€63
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€5,455
2025
Equity-€2,570
2025
Debt€8,025
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€2,570
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
EBIT margin-15.8%
2021
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line2018201920202021202220232025
Turnover€122,721-€19,511€28,999▲ 48.6%
Operating result-€2,879-€798€3,009▲ 277%-€4,570-€5,844▼ 27.9%-€3,576▲ 38.8%€166-
Net result-€2,947-€713€2,932▲ 311%-€4,656-€5,926▼ 27.3%-€3,671▲ 38.0%€63-
EBIT margin-2.3%-15.4%-15.8%▼ 31.2pp
Equity€10,391-€14,404▲ 38.6%€17,336▲ 20.4%€12,680▼ 26.9%€6,754▼ 46.7%€3,082▼ 54.4%-€2,570-
Total assets€14,117-€35,934▲ 155%€18,607▼ 48.2%€20,262▲ 8.9%€8,465▼ 58.2%€5,578▼ 34.1%€5,455-
Debt€3,726-€21,529▲ 478%€1,271▼ 94.1%€7,582▲ 497%€1,711▼ 77.4%€2,495▲ 45.9%€8,025-
Working capital€915-€4,928▲ 438%€11,019▲ 124%€10,311▼ 6.4%€6,754▼ 34.5%€3,082▼ 54.4%-€2,570-
Key figures and ratios
Solvency
-47.1%▼
2023 · 55.3%
Current ratio
0.68▼
2023 · 2.24
ROA
1.1%▲
2023 · -65.8%
Debt ≤ 1 year
€8,025▲
2023 · €2,495
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Turnover70 | €122,721 | - | €19,511 | €28,999 | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €30,845 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €3,159 | €3,948 | €2,369 | - | - | - |
| Other operating charges640/8 | - | - | - | €1,409 | €1,215 | €3,008 | €400 | - |
| Gross operating margin9900 | -€1,708 | €1,626 | €7,059 | €788 | -€2,260 | -€567 | €566 | - |
| Operating profit (loss)9901 | -€2,879 | €798 | €3,009 | -€4,570 | -€5,844 | -€3,576 | €166 | - |
| Financial charges65/66B | - | - | - | €86 | €82 | €96 | €103 | - |
| Recurring financial charges65 | €68 | €85 | €77 | €86 | €82 | €96 | €103 | - |
| Profit (loss) for the period before taxes9903 | -€2,947 | €713 | €2,932 | -€4,656 | -€5,926 | -€3,671 | €63 | - |
| Profit (loss) for the period9904 | -€2,947 | €713 | €2,932 | -€4,656 | -€5,926 | -€3,671 | €63 | - |
| Profit (loss) for the period to be appropriated9905 | -€2,947 | €713 | €2,932 | -€4,656 | -€5,926 | -€3,671 | €63 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €14,117 | €35,934 | €18,607 | €20,262 | €8,465 | €5,578 | €5,455 | - |
| Fixed assets21/28 | €9,476 | €9,476 | €6,317 | €2,369 | - | - | - | - |
| Tangible fixed assets22/27 | €9,476 | €9,476 | €6,317 | €2,369 | - | - | - | - |
| Plant, machinery and equipment23 | - | - | - | €2,369 | - | - | - | - |
| Current assets29/58 | €4,641 | €26,458 | €12,289 | €17,893 | €8,465 | €5,578 | €5,455 | - |
| Stocks and contracts in progress3 | €2,500 | €2,500 | €2,500 | €2,500 | €2,500 | €2,500 | - | - |
| Stocks30/36 | - | - | - | €2,500 | €2,500 | €2,500 | - | - |
| Amounts receivable within one year40/41 | - | - | €586 | - | €2,244 | €796 | €2,038 | - |
| Other amounts receivable41 | - | - | - | - | €2,244 | €796 | €2,038 | - |
| Cash at bank and in hand54/58 | €2,141 | €23,958 | €9,203 | €15,393 | €3,721 | €2,281 | €3,417 | - |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €14,117 | €35,934 | €18,607 | €20,262 | €8,465 | €5,578 | €5,455 | - |
| Equity10/15 | €10,391 | €14,404 | €17,336 | €12,680 | €6,754 | €3,082 | -€2,570 | - |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | - |
| Profit (loss) carried forward14 | -€8,209 | -€4,196 | -€1,264 | -€5,920 | -€11,846 | -€15,518 | -€21,170 | - |
| Amounts payable17/49 | €3,726 | €21,529 | €1,271 | €7,582 | €1,711 | €2,495 | €8,025 | - |
| Amounts payable within one year42/48 | €3,726 | €21,529 | €1,271 | €7,582 | €1,711 | €2,495 | €8,025 | - |
| Trade debts44 | - | €1,703 | - | - | - | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €369 | - | - | - | - |
| Taxes450/3 | - | - | - | €369 | - | - | - | - |
| Other amounts payable47/48 | - | - | - | €7,213 | €1,711 | €2,495 | €8,025 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,947 | €713 | €2,932 | -€4,656 | -€5,926 | -€3,671 | €63 | - |
| + Depreciation and write-downs630 | - | - | €3,159 | €3,948 | €2,369 | - | - | - |
| Operating cash flow (approximation) | -€2,947 | €713 | €6,090 | -€707 | -€3,557 | -€3,671 | €63 | - |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | - | - | - | - |
| Change in cash | - | €21,816 | -€14,754 | €6,190 | -€11,672 | -€1,440 | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (10)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 05-03-2026 | 2026-00050123 |
| 31-12-2023 | micro format | 23-08-2024 | 2024-00376924 |
| 31-12-2022 | micro format | 14-08-2023 | 2023-00338369 |
| 31-12-2021 | micro format | 23-08-2022 | 2022-20320524 |
| 31-12-2020 | micro format | 29-09-2021 | 2021-69500233 |
| 31-12-2019 | micro format | 15-09-2020 | 2020-53500462 |
| 31-12-2018 | micro format | 09-08-2019 | 2019-45700228 |
| 31-12-2017 | micro format | 23-08-2018 | 2018-49100327 |
| 31-12-2016 | full format | 25-08-2017 | 2017-48400281 |
| 31-12-2015 | full format | 11-08-2016 | 2016-42100296 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.