G-Beheer: 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.
What changed
G-Beheer
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€3.4m
2024 · -€9,617+€3.4m
Equity
€4.4m
2024 · €1.0m+€3.4m
Cash
€164,499
2024 · €464,419-€299,920
Balance sheet total
€5.2m
2024 · €1.9m+€3.3m
Largest movements
Assets
- Current investments +€3.5m
new in 2025: €3.5m
- Cash -€299,920
down €299,920 (-64.6%), from €464,419 to €164,499
mainly Current investments (-€3.5m) and Deferred charges and accrued income (-€200,000)
- Deferred charges and accrued income +€200,000
new in 2025: €200,000
- Tangible fixed assets -€59,837
down €59,837 (-5.3%), from €1.1m to €1.1m
of which Land and buildings: -€37,704
Equity and liabilities
- Profit (loss) carried forward +€2.4m
up €2.4m (+424%), from €563,246 to €3.0m
- Reserves +€979,583
up €979,583 (+272%), from €359,572 to €1.3m
of which Distributable reserves: +€1.0m
- Tax, wage and social debts +€90,448
up €90,448 (+1,102%), from €8,204 to €98,652
- Short-term financial debts -€60,000
down €60,000 (-18.5%), from €325,000 to €265,000
Income statement
- Gross operating margin +€3.5m
up €3.5m (+5,478%), from €63,949 to €3.6m
- Taxes +€131,960
new in 2025: €131,960
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.
Result 2024
-€9,617
Gross operating margin
+€3.5m
Depreciation
-€1
Other operating charges
-€2,122
Financial income
+€4,887
Financial charges
+€2,811
Taxes
-€131,960
Result 2025
€3.4m
raises the resultlowers the result
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.
From operations
+€3.3m
Investment
-€3.5m
Financing
-€88,247
Cash 2024
€464,419
From operations (derived)
+€3.3m
Net result for the year
+€3.4m
Depreciation
+€59,837
Receivables within one year
+€49,805
Deferred charges and accrued income
-€200,000
Smaller working-capital items
-€6,677
Trade debts
-€31,948
Tax, wage and social debts
+€90,448
Other debts
-€21,349
Investment (derived)
-€3.5m
Investment in fixed assets (net)
-€19,000
Current investments
-€3.5m
Financing
-€88,247
Debts after one year
-€28,664
Current portion of long-term debt
+€418
Short-term financial debts
-€60,000
Cash 2025
€164,499
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,917,000 | €5,226,438 | +€3.3m | +173% |
| Fixed assets | 21/28 | €1,152,776 | €1,111,939 | -€40,837 | -3.5% |
| Tangible fixed assets | 22/27 | €1,133,044 | €1,073,207 | -€59,837 | -5.3% |
| Land and buildings | 22 | €986,533 | €948,829 | -€37,704 | -3.8% |
| Plant, machinery and equipment | 23 | €114,840 | €100,632 | -€14,208 | -12.4% |
| Furniture and vehicles | 24 | €31,671 | €23,746 | -€7,924 | -25.0% |
| Financial fixed assets | 28 | €19,732 | €38,732 | +€19,000 | +96.3% |
| Current assets | 29/58 | €764,224 | €4,114,499 | +€3.4m | +438% |
| Amounts receivable after more than one year | 29 | €250,000 | €250,000 | = | 0.0% |
| Other amounts receivable | 291 | €250,000 | €250,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €49,805 | - | -€49,805 | |
| Trade receivables | 40 | €5,442 | - | -€5,442 | |
| Other amounts receivable | 41 | €44,363 | - | -€44,363 | |
| Current investments | 50/53 | - | €3,500,000 | +€3.5m | |
| Cash at bank and in hand | 54/58 | €464,419 | €164,499 | -€299,920 | -64.6% |
| Deferred charges and accrued income | 490/1 | - | €200,000 | +€200,000 | |
| Total equity and liabilities | 10/49 | €1,917,000 | €5,226,438 | +€3.3m | +173% |
| Equity | 10/15 | €1,047,818 | €4,415,029 | +€3.4m | +321% |
| Contributions | 10/11 | €125,000 | €125,000 | = | 0.0% |
| Reserves | 13 | €359,572 | €1,339,155 | +€979,583 | +272% |
| Tax-exempt reserves | 132 | €347,072 | €326,655 | -€20,417 | -5.9% |
| Distributable reserves | 133 | €12,500 | €1,012,500 | +€1.0m | +8,000% |
| Profit (loss) carried forward | 14 | €563,246 | €2,950,874 | +€2.4m | +424% |
| Provisions and deferred taxes | 16 | €115,691 | €108,885 | -€6,805 | -5.9% |
| Deferred taxes | 168 | €115,691 | €108,885 | -€6,805 | -5.9% |
| Amounts payable | 17/49 | €753,491 | €702,524 | -€50,967 | -6.8% |
| Amounts payable after more than one year | 17 | €109,694 | €81,030 | -€28,664 | -26.1% |
| Financial debts | 170/4 | €109,694 | €81,030 | -€28,664 | -26.1% |
| Amounts payable within one year | 42/48 | €639,487 | €617,056 | -€22,432 | -3.5% |
| Current portion of amounts payable after more than one year | 42 | €28,247 | €28,664 | +€418 | +1.5% |
| Financial debts | 43 | €325,000 | €265,000 | -€60,000 | -18.5% |
| Other loans | 439 | €325,000 | €265,000 | -€60,000 | -18.5% |
| Trade debts | 44 | €136,353 | €104,405 | -€31,948 | -23.4% |
| Suppliers | 440/4 | €136,353 | €104,405 | -€31,948 | -23.4% |
| Taxes, remuneration and social security | 45 | €8,204 | €98,652 | +€90,448 | +1,102% |
| Taxes | 450/3 | €8,204 | €98,652 | +€90,448 | +1,102% |
| Other amounts payable | 47/48 | €141,684 | €120,335 | -€21,349 | -15.1% |
| Accrued charges and deferred income | 492/3 | €4,310 | €4,438 | +€128 | +3.0% |
| Non-recurring operating income | 76A | - | €3,388,000 | +€3.4m | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,837 | €59,837 | +€1 | 0.0% |
| Other operating charges | 640/8 | €796 | €2,919 | +€2,122 | +266% |
| Gross operating margin | 9900 | €63,949 | €3,567,161 | +€3.5m | +5,478% |
| Operating profit (loss) | 9901 | €3,316 | €3,504,405 | +€3.5m | +105,568% |
| Financial income | 75/76B | - | €4,887 | +€4,887 | |
| Recurring financial income | 75 | - | €4,887 | +€4,887 | |
| Financial charges | 65/66B | €19,738 | €16,927 | -€2,811 | -14.2% |
| Recurring financial charges | 65 | €19,738 | €16,927 | -€2,811 | -14.2% |
| Profit (loss) for the period before taxes | 9903 | -€16,422 | €3,492,365 | +€3.5m | |
| Transfer from deferred taxes | 780 | €6,805 | €6,805 | = | 0.0% |
| Income taxes | 67/77 | - | €131,960 | +€131,960 | |
| Profit (loss) for the period | 9904 | -€9,617 | €3,367,211 | +€3.4m | |
| Transfer from tax-exempt reserves | 789 | €20,416 | €20,417 | +€1 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €10,799 | €3,387,628 | +€3.4m | +31,269% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.