1GSON: 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.
1GSON
Largest movements
- Intangible fixed assets -€10,000
down €10,000 (-57.1%), from €17,500 to €7,500
- Tangible fixed assets -€9,342
down €9,342 (-28.0%), from €33,385 to €24,043
- Cash +€6,286
up €6,286 (+16.0%), from €39,256 to €45,542
mainly Depreciation (+€19,342) and Net result for the year (+€5,344)
- Receivables within one year +€2,070
up €2,070 (+60.0%), from €3,452 to €5,522
of which Other amounts receivable: +€5,522
- Debts after one year -€7,989
down €7,989 (-33.6%), from €23,769 to €15,781
- Other debts -€6,540
down €6,540 (-100.0%), from €6,540 to €0
- Reserves +€5,344
up €5,344 (+10.9%), from €48,907 to €54,250
- Trade debts -€3,605
down €3,605 (-89.7%), from €4,019 to €414
- Tax, wage and social debts +€1,605
up €1,605 (+28.2%), from €5,682 to €7,288
- Gross operating margin +€3,005
up €3,005 (+10.3%), from €29,151 to €32,157
- Staff costs +€1,500
new in 2025: €1,500
- Depreciation -€1,292
down €1,292 (-6.3%), from €20,634 to €19,342
- Taxes +€862
up €862 (+31.4%), from €2,745 to €3,607
- Financial charges -€388
down €388 (-19.4%), from €1,995 to €1,607
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 | €96,595 | €85,722 | -€10,873 | -11.3% |
| Fixed assets | 21/28 | €50,910 | €31,568 | -€19,342 | -38.0% |
| Intangible fixed assets | 21 | €17,500 | €7,500 | -€10,000 | -57.1% |
| Tangible fixed assets | 22/27 | €33,385 | €24,043 | -€9,342 | -28.0% |
| Furniture and vehicles | 24 | €33,385 | €24,043 | -€9,342 | -28.0% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €45,684 | €54,154 | +€8,470 | +18.5% |
| Amounts receivable within one year | 40/41 | €3,452 | €5,522 | +€2,070 | +60.0% |
| Trade receivables | 40 | €3,452 | €0 | -€3,452 | -100.0% |
| Other amounts receivable | 41 | - | €5,522 | +€5,522 | |
| Cash at bank and in hand | 54/58 | €39,256 | €45,542 | +€6,286 | +16.0% |
| Deferred charges and accrued income | 490/1 | €2,976 | €3,090 | +€114 | +3.8% |
| Total equity and liabilities | 10/49 | €96,595 | €85,722 | -€10,873 | -11.3% |
| Equity | 10/15 | €48,908 | €54,251 | +€5,344 | +10.9% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €48,907 | €54,250 | +€5,344 | +10.9% |
| Distributable reserves | 133 | €48,907 | €54,250 | +€5,344 | +10.9% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €47,687 | €31,471 | -€16,216 | -34.0% |
| Amounts payable after more than one year | 17 | €23,769 | €15,781 | -€7,989 | -33.6% |
| Financial debts | 170/4 | €23,769 | €15,781 | -€7,989 | -33.6% |
| Amounts payable within one year | 42/48 | €23,821 | €15,690 | -€8,131 | -34.1% |
| Current portion of amounts payable after more than one year | 42 | €7,580 | €7,989 | +€409 | +5.4% |
| Trade debts | 44 | €4,019 | €414 | -€3,605 | -89.7% |
| Suppliers | 440/4 | €4,019 | €414 | -€3,605 | -89.7% |
| Taxes, remuneration and social security | 45 | €5,682 | €7,288 | +€1,605 | +28.2% |
| Taxes | 450/3 | €5,682 | €7,288 | +€1,605 | +28.2% |
| Other amounts payable | 47/48 | €6,540 | €0 | -€6,540 | -100.0% |
| Accrued charges and deferred income | 492/3 | €97 | €0 | -€97 | -100.0% |
| Remuneration, social security and pensions | 62 | - | €1,500 | +€1,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,634 | €19,342 | -€1,292 | -6.3% |
| Other operating charges | 640/8 | €700 | €773 | +€72 | +10.3% |
| Gross operating margin | 9900 | €29,151 | €32,157 | +€3,005 | +10.3% |
| Operating profit (loss) | 9901 | €7,817 | €10,542 | +€2,725 | +34.9% |
| Financial income | 75/76B | - | €16 | +€16 | |
| Recurring financial income | 75 | - | €16 | +€16 | |
| Financial charges | 65/66B | €1,995 | €1,607 | -€388 | -19.4% |
| Recurring financial charges | 65 | €1,995 | €1,607 | -€388 | -19.4% |
| Profit (loss) for the period before taxes | 9903 | €5,822 | €8,951 | +€3,129 | +53.7% |
| Income taxes | 67/77 | €2,745 | €3,607 | +€862 | +31.4% |
| Profit (loss) for the period | 9904 | €3,077 | €5,344 | +€2,267 | +73.7% |
| Profit (loss) for the period to be appropriated | 9905 | €3,077 | €5,344 | +€2,267 | +73.7% |
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 2 October 2026 via checked.be.