G & A CONCEPT: 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 & A CONCEPT
Largest movements
- Receivables within one year -€93,269
down €93,269 (-40.3%), from €231,599 to €138,330
of which Trade receivables: -€99,777
- Deferred charges and accrued income +€7,267
up €7,267 (+269%), from €2,703 to €9,970
- Tangible fixed assets -€7,136
down €7,136 (-89.7%), from €7,958 to €822
- Profit (loss) carried forward -€65,860
down €65,860, from €34,783 to -€31,077
- Trade debts -€39,151
down €39,151 (-57.4%), from €68,247 to €29,096
- Tax, wage and social debts +€15,217
up €15,217 (+139%), from €10,969 to €26,186
of which Remuneration and social security: +€18,716
- Debts after one year -€13,061
down €13,061 (-42.3%), from €30,887 to €17,826
- Short-term financial debts +€7,084
up €7,084 (+18.8%), from €37,711 to €44,795
- Staff costs +€51,833
new in 2025: €51,833
- Gross operating margin -€29,470
down €29,470 (-48.3%), from €61,037 to €31,567
- Taxes -€10,791
down €10,791 (-95.5%), from €11,295 to €504
- Financial charges +€5,162
up €5,162 (+20.9%), from €24,758 to €29,920
- Other operating charges +€3,713
up €3,713 (+59.7%), from €6,221 to €9,934
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 | €242,260 | €149,147 | -€93,113 | -38.4% |
| Fixed assets | 21/28 | €7,958 | €822 | -€7,136 | -89.7% |
| Tangible fixed assets | 22/27 | €7,958 | €822 | -€7,136 | -89.7% |
| Furniture and vehicles | 24 | €7,958 | €822 | -€7,136 | -89.7% |
| Current assets | 29/58 | €234,302 | €148,325 | -€85,977 | -36.7% |
| Amounts receivable within one year | 40/41 | €231,599 | €138,330 | -€93,269 | -40.3% |
| Trade receivables | 40 | €204,547 | €104,770 | -€99,777 | -48.8% |
| Other amounts receivable | 41 | €27,052 | €33,560 | +€6,508 | +24.1% |
| Cash at bank and in hand | 54/58 | - | €25 | +€25 | |
| Deferred charges and accrued income | 490/1 | €2,703 | €9,970 | +€7,267 | +269% |
| Total equity and liabilities | 10/49 | €242,260 | €149,147 | -€93,113 | -38.4% |
| Equity | 10/15 | €81,643 | €15,783 | -€65,860 | -80.7% |
| Contributions | 10/11 | €45,000 | €45,000 | = | 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 | €34,783 | -€31,077 | -€65,860 | |
| Amounts payable | 17/49 | €160,617 | €133,364 | -€27,253 | -17.0% |
| Amounts payable after more than one year | 17 | €30,887 | €17,826 | -€13,061 | -42.3% |
| Financial debts | 170/4 | €30,887 | €17,826 | -€13,061 | -42.3% |
| Amounts payable within one year | 42/48 | €129,729 | €113,138 | -€16,591 | -12.8% |
| Current portion of amounts payable after more than one year | 42 | €12,803 | €13,061 | +€258 | +2.0% |
| Financial debts | 43 | €37,711 | €44,795 | +€7,084 | +18.8% |
| Credit institutions | 430/8 | €37,711 | €44,795 | +€7,084 | +18.8% |
| Trade debts | 44 | €68,247 | €29,096 | -€39,151 | -57.4% |
| Suppliers | 440/4 | €68,247 | €29,096 | -€39,151 | -57.4% |
| Taxes, remuneration and social security | 45 | €10,969 | €26,186 | +€15,217 | +139% |
| Taxes | 450/3 | €10,969 | €7,470 | -€3,499 | -31.9% |
| Remuneration and social security | 454/9 | - | €18,716 | +€18,716 | |
| Accrued charges and deferred income | 492/3 | - | €2,400 | +€2,400 | |
| Remuneration, social security and pensions | 62 | - | €51,833 | +€51,833 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,500 | €7,136 | -€1,364 | -16.1% |
| Other operating charges | 640/8 | €6,221 | €9,934 | +€3,713 | +59.7% |
| Gross operating margin | 9900 | €61,037 | €31,567 | -€29,470 | -48.3% |
| Operating profit (loss) | 9901 | €46,316 | -€37,336 | -€83,652 | |
| Financial income | 75/76B | €756 | €1,899 | +€1,143 | +151% |
| Recurring financial income | 75 | €756 | €1,899 | +€1,143 | +151% |
| Financial charges | 65/66B | €24,758 | €29,920 | +€5,162 | +20.9% |
| Recurring financial charges | 65 | €24,758 | €29,920 | +€5,162 | +20.9% |
| Profit (loss) for the period before taxes | 9903 | €22,314 | -€65,357 | -€87,671 | |
| Income taxes | 67/77 | €11,295 | €504 | -€10,791 | -95.5% |
| Profit (loss) for the period | 9904 | €11,019 | -€65,860 | -€76,880 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,019 | -€65,860 | -€76,880 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.