G 50: 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.
G 50
Largest movements
- Cash -€2,088
down €2,088 (-26.0%), from €8,024 to €5,936
mainly Other debts (-€5,658) and Short-term financial debts (-€1,679)
- Tangible fixed assets -€1,220
down €1,220 (-11.3%), from €10,817 to €9,597
of which Furniture and vehicles: -€992
- Stocks and contracts +€779
up €779 (+11.8%), from €6,574 to €7,353
- Deferred charges and accrued income -€357
no longer reported in 2025 (was €357)
- Other debts -€5,658
down €5,658 (-29.9%), from €18,909 to €13,251
- Trade debts +€3,565
up €3,565 (+16.9%), from €21,104 to €24,669
- Tax, wage and social debts +€1,694
up €1,694 (+136%), from €1,246 to €2,940
- Short-term financial debts -€1,679
down €1,679 (-52.0%), from €3,228 to €1,549
- Profit (loss) carried forward -€1,028
down €1,028 (-3.2%), from -€31,656 to -€32,684
- Gross operating margin -€11,430
down €11,430 (-81.1%), from €14,095 to €2,665
- Other operating charges -€1,071
down €1,071 (-32.0%), from €3,345 to €2,274
- Financial charges -€312
down €312 (-54.8%), from €570 to €257
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 | €31,716 | €28,636 | -€3,080 | -9.7% |
| Fixed assets | 21/28 | €16,567 | €15,347 | -€1,220 | -7.4% |
| Tangible fixed assets | 22/27 | €10,817 | €9,597 | -€1,220 | -11.3% |
| Plant, machinery and equipment | 23 | €1,885 | €1,657 | -€228 | -12.1% |
| Furniture and vehicles | 24 | €8,932 | €7,940 | -€992 | -11.1% |
| Financial fixed assets | 28 | €5,750 | €5,750 | = | 0.0% |
| Current assets | 29/58 | €15,150 | €13,289 | -€1,860 | -12.3% |
| Stocks and contracts in progress | 3 | €6,574 | €7,353 | +€779 | +11.8% |
| Stocks | 30/36 | €6,574 | €7,353 | +€779 | +11.8% |
| Amounts receivable within one year | 40/41 | €195 | - | -€195 | |
| Trade receivables | 40 | €195 | - | -€195 | |
| Cash at bank and in hand | 54/58 | €8,024 | €5,936 | -€2,088 | -26.0% |
| Deferred charges and accrued income | 490/1 | €357 | - | -€357 | |
| Total equity and liabilities | 10/49 | €31,716 | €28,636 | -€3,080 | -9.7% |
| Equity | 10/15 | -€13,196 | -€14,224 | -€1,028 | -7.8% |
| Contributions | 10/11 | €16,600 | €16,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,656 | -€32,684 | -€1,028 | -3.2% |
| Amounts payable | 17/49 | €44,912 | €42,860 | -€2,053 | -4.6% |
| Amounts payable within one year | 42/48 | €44,487 | €42,410 | -€2,078 | -4.7% |
| Financial debts | 43 | €3,228 | €1,549 | -€1,679 | -52.0% |
| Other loans | 439 | €3,228 | €1,549 | -€1,679 | -52.0% |
| Trade debts | 44 | €21,104 | €24,669 | +€3,565 | +16.9% |
| Suppliers | 440/4 | €21,104 | €24,669 | +€3,565 | +16.9% |
| Taxes, remuneration and social security | 45 | €1,246 | €2,940 | +€1,694 | +136% |
| Taxes | 450/3 | €1,246 | €2,940 | +€1,694 | +136% |
| Other amounts payable | 47/48 | €18,909 | €13,251 | -€5,658 | -29.9% |
| Accrued charges and deferred income | 492/3 | €425 | €450 | +€25 | +5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,205 | €1,220 | +€15 | +1.2% |
| Other operating charges | 640/8 | €3,345 | €2,274 | -€1,071 | -32.0% |
| Gross operating margin | 9900 | €14,095 | €2,665 | -€11,430 | -81.1% |
| Operating profit (loss) | 9901 | €9,545 | -€828 | -€10,373 | |
| Financial income | 75/76B | €38 | €58 | +€20 | +51.7% |
| Recurring financial income | 75 | €38 | €58 | +€20 | +51.7% |
| Financial charges | 65/66B | €570 | €257 | -€312 | -54.8% |
| Recurring financial charges | 65 | €570 | €257 | -€312 | -54.8% |
| Profit (loss) for the period before taxes | 9903 | €9,013 | -€1,028 | -€10,041 | |
| Profit (loss) for the period | 9904 | €9,013 | -€1,028 | -€10,041 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,013 | -€1,028 | -€10,041 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.