G BUSINESS: 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 BUSINESS
Largest movements
- Receivables within one year +€39,166
up €39,166 (+216%), from €18,103 to €57,269
of which Trade receivables: +€32,476
- Cash +€6,512
up €6,512 (+206%), from €3,161 to €9,673
mainly Net result for the year (+€22,053) and Tax, wage and social debts (+€20,619)
- Deferred charges and accrued income -€3,466
no longer reported in 2025 (was €3,466)
- Profit (loss) carried forward +€22,053
up €22,053 (+2,082%), from €1,059 to €23,113
- Tax, wage and social debts +€20,619
up €20,619 (+324%), from €6,357 to €26,976
of which Taxes: +€14,101
- Other debts -€13,388
down €13,388 (-93.5%), from €14,314 to €926
- Trade debts +€12,927
new in 2025: €12,927
- Gross operating margin +€58,523
up €58,523 (+447%), from €13,100 to €71,623
- Staff costs +€24,190
up €24,190 (+176%), from €13,707 to €37,897
- Taxes +€9,628
up €9,628 (+515%), from €1,869 to €11,497
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 | €24,730 | €66,942 | +€42,212 | +171% |
| Current assets | 29/58 | €24,730 | €66,942 | +€42,212 | +171% |
| Amounts receivable within one year | 40/41 | €18,103 | €57,269 | +€39,166 | +216% |
| Trade receivables | 40 | €1,753 | €34,229 | +€32,476 | +1,852% |
| Other amounts receivable | 41 | €16,349 | €23,039 | +€6,690 | +40.9% |
| Cash at bank and in hand | 54/58 | €3,161 | €9,673 | +€6,512 | +206% |
| Deferred charges and accrued income | 490/1 | €3,466 | - | -€3,466 | |
| Total equity and liabilities | 10/49 | €24,730 | €66,942 | +€42,212 | +171% |
| Equity | 10/15 | €4,059 | €26,113 | +€22,053 | +543% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,059 | €23,113 | +€22,053 | +2,082% |
| Amounts payable | 17/49 | €20,671 | €40,830 | +€20,158 | +97.5% |
| Amounts payable within one year | 42/48 | €20,671 | €40,830 | +€20,158 | +97.5% |
| Trade debts | 44 | - | €12,927 | +€12,927 | |
| Suppliers | 440/4 | - | €12,927 | +€12,927 | |
| Taxes, remuneration and social security | 45 | €6,357 | €26,976 | +€20,619 | +324% |
| Taxes | 450/3 | €5,298 | €19,399 | +€14,101 | +266% |
| Remuneration and social security | 454/9 | €1,059 | €7,577 | +€6,518 | +615% |
| Other amounts payable | 47/48 | €14,314 | €926 | -€13,388 | -93.5% |
| Remuneration, social security and pensions | 62 | €13,707 | €37,897 | +€24,190 | +176% |
| Gross operating margin | 9900 | €13,100 | €71,623 | +€58,523 | +447% |
| Operating profit (loss) | 9901 | -€607 | €33,726 | +€34,333 | |
| Financial charges | 65/66B | €111 | €176 | +€65 | +58.1% |
| Recurring financial charges | 65 | €111 | €176 | +€65 | +58.1% |
| Profit (loss) for the period before taxes | 9903 | -€718 | €33,550 | +€34,269 | |
| Income taxes | 67/77 | €1,869 | €11,497 | +€9,628 | +515% |
| Profit (loss) for the period | 9904 | -€2,588 | €22,053 | +€24,641 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,588 | €22,053 | +€24,641 |
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 30 October 2026 via checked.be.