G.C. Management: 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.C. Management
Largest movements
- Stocks and contracts +€18,262
new in 2025: €18,262
- Deferred charges and accrued income +€4,257
up €4,257 (+454%), from €937 to €5,194
- Receivables after one year +€3,000
up €3,000 (+7.5%), from €40,000 to €43,000
- Cash -€1,533
down €1,533 (-13.3%), from €11,545 to €10,012
mainly Stocks and contracts (-€18,262) and Deferred charges and accrued income (-€4,257)
- Advances received +€24,200
new in 2025: €24,200
- Gross operating margin -€11,666
down €11,666 (-92.9%), from €12,560 to €894
- Taxes -€3,435
down €3,435 (-87.0%), from €3,947 to €512
- Financial income +€464
up €464 (+53.7%), from €864 to €1,328
- Financial charges +€403
up €403 (+38.3%), from €1,055 to €1,458
- Other operating charges -€127
down €127 (-20.0%), from €632 to €505
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 | €64,045 | €87,434 | +€23,389 | +36.5% |
| Current assets | 29/58 | €64,045 | €87,434 | +€23,389 | +36.5% |
| Amounts receivable after more than one year | 29 | €40,000 | €43,000 | +€3,000 | +7.5% |
| Other amounts receivable | 291 | €40,000 | €43,000 | +€3,000 | +7.5% |
| Stocks and contracts in progress | 3 | - | €18,262 | +€18,262 | |
| Stocks | 30/36 | - | €18,262 | +€18,262 | |
| Amounts receivable within one year | 40/41 | €11,563 | €10,966 | -€596 | -5.2% |
| Trade receivables | 40 | €6,598 | €5,000 | -€1,598 | -24.2% |
| Other amounts receivable | 41 | €4,965 | €5,966 | +€1,002 | +20.2% |
| Cash at bank and in hand | 54/58 | €11,545 | €10,012 | -€1,533 | -13.3% |
| Deferred charges and accrued income | 490/1 | €937 | €5,194 | +€4,257 | +454% |
| Total equity and liabilities | 10/49 | €64,045 | €87,434 | +€23,389 | +36.5% |
| Equity | 10/15 | €41,081 | €40,828 | -€253 | -0.6% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Reserves | 13 | €29,081 | €29,081 | = | 0.0% |
| Distributable reserves | 133 | €29,081 | €29,081 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€253 | -€253 | |
| Amounts payable | 17/49 | €22,963 | €46,606 | +€23,642 | +103% |
| Amounts payable within one year | 42/48 | €22,963 | €46,606 | +€23,642 | +103% |
| Trade debts | 44 | €862 | €279 | -€583 | -67.7% |
| Suppliers | 440/4 | €862 | €279 | -€583 | -67.7% |
| Advances received on contracts in progress | 46 | - | €24,200 | +€24,200 | |
| Taxes, remuneration and social security | 45 | €21,608 | €21,585 | -€24 | -0.1% |
| Taxes | 450/3 | €19,325 | €14,872 | -€4,454 | -23.0% |
| Remuneration and social security | 454/9 | €2,283 | €6,713 | +€4,430 | +194% |
| Other amounts payable | 47/48 | €493 | €543 | +€49 | +10.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €109 | - | -€109 | |
| Other operating charges | 640/8 | €632 | €505 | -€127 | -20.0% |
| Gross operating margin | 9900 | €12,560 | €894 | -€11,666 | -92.9% |
| Operating profit (loss) | 9901 | €11,818 | €389 | -€11,429 | -96.7% |
| Financial income | 75/76B | €864 | €1,328 | +€464 | +53.7% |
| Recurring financial income | 75 | €864 | €1,328 | +€464 | +53.7% |
| Financial charges | 65/66B | €1,055 | €1,458 | +€403 | +38.3% |
| Recurring financial charges | 65 | €1,055 | €1,458 | +€403 | +38.3% |
| Profit (loss) for the period before taxes | 9903 | €11,627 | €259 | -€11,369 | -97.8% |
| Income taxes | 67/77 | €3,947 | €512 | -€3,435 | -87.0% |
| Profit (loss) for the period | 9904 | €7,681 | -€253 | -€7,934 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,681 | -€253 | -€7,934 |
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 24 October 2026 via checked.be.