G.C. RX: 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. RX
Largest movements
- Current investments -€285,000
down €285,000 (-100%), from €285,000 to €0
- Cash +€216,826
up €216,826 (+2,206%), from €9,829 to €226,656
mainly Net result for the year (+€536,802) and Current investments (+€285,000)
- Deferred charges and accrued income +€51,126
up €51,126 (+15.7%), from €325,421 to €376,547
- Short-term financial debts -€35,100
down €35,100 (-100%), from €35,100 to €0
- Tax, wage and social debts +€12,484
up €12,484 (+33.7%), from €37,002 to €49,486
- Gross operating margin +€25,454
up €25,454 (+3.7%), from €687,309 to €712,763
- Taxes +€9,428
up €9,428 (+5.7%), from €165,402 to €174,830
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 | €624,555 | €607,524 | -€17,032 | -2.7% |
| Fixed assets | 21/28 | €4,305 | €4,321 | +€16 | +0.4% |
| Tangible fixed assets | 22/27 | €4,305 | €4,321 | +€16 | +0.4% |
| Plant, machinery and equipment | 23 | €2,405 | €1,222 | -€1,183 | -49.2% |
| Furniture and vehicles | 24 | €1,900 | €3,098 | +€1,199 | +63.1% |
| Current assets | 29/58 | €620,250 | €603,203 | -€17,047 | -2.7% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Trade receivables | 40 | €0 | - | = | |
| Current investments | 50/53 | €285,000 | €0 | -€285,000 | -100% |
| Cash at bank and in hand | 54/58 | €9,829 | €226,656 | +€216,826 | +2,206% |
| Deferred charges and accrued income | 490/1 | €325,421 | €376,547 | +€51,126 | +15.7% |
| Total equity and liabilities | 10/49 | €624,555 | €607,524 | -€17,032 | -2.7% |
| Equity | 10/15 | €10,000 | €10,000 | = | 0.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €614,555 | €597,524 | -€17,032 | -2.8% |
| Amounts payable within one year | 42/48 | €614,555 | €597,524 | -€17,032 | -2.8% |
| Financial debts | 43 | €35,100 | €0 | -€35,100 | -100% |
| Credit institutions | 430/8 | €35,100 | €0 | -€35,100 | -100% |
| Trade debts | 44 | €1,158 | €660 | -€498 | -43.0% |
| Suppliers | 440/4 | €1,158 | €660 | -€498 | -43.0% |
| Taxes, remuneration and social security | 45 | €37,002 | €49,486 | +€12,484 | +33.7% |
| Taxes | 450/3 | €37,002 | €49,486 | +€12,484 | +33.7% |
| Other amounts payable | 47/48 | €541,294 | €547,378 | +€6,083 | +1.1% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €1,462 | €1,341 | -€121 | -8.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,074 | €1,918 | -€1,156 | -37.6% |
| Other operating charges | 640/8 | €836 | €466 | -€371 | -44.3% |
| Gross operating margin | 9900 | €687,309 | €712,763 | +€25,454 | +3.7% |
| Operating profit (loss) | 9901 | €681,937 | €709,039 | +€27,102 | +4.0% |
| Financial income | 75/76B | €0 | €5,097 | +€5,097 | |
| Recurring financial income | 75 | €0 | €5,097 | +€5,097 | |
| Financial charges | 65/66B | €3,856 | €2,503 | -€1,353 | -35.1% |
| Recurring financial charges | 65 | €3,856 | €2,503 | -€1,353 | -35.1% |
| Profit (loss) for the period before taxes | 9903 | €678,081 | €711,632 | +€33,552 | +4.9% |
| Income taxes | 67/77 | €165,402 | €174,830 | +€9,428 | +5.7% |
| Profit (loss) for the period | 9904 | €512,679 | €536,802 | +€24,123 | +4.7% |
| Profit (loss) for the period to be appropriated | 9905 | €512,679 | €536,802 | +€24,123 | +4.7% |
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 21 October 2026 via checked.be.