G C&S: 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&S
Largest movements
- Cash +€19,386
up €19,386 (+226%), from €8,592 to €27,978
mainly Other debts (+€64,442) and Net result for the year (+€28,510)
- Receivables within one year +€17,066
up €17,066 (+22.9%), from €74,374 to €91,441
of which Trade receivables: +€13,189
- Other debts +€64,442
new in 2025: €64,442
- Reserves -€33,490
down €33,490 (-53.7%), from €62,310 to €28,819
- Tax, wage and social debts +€4,858
up €4,858 (+25.7%), from €18,899 to €23,757
- Gross operating margin +€1,829
up €1,829 (+5.1%), from €35,774 to €37,603
- Taxes +€1,149
up €1,149 (+15.0%), from €7,650 to €8,798
- Other operating charges +€798
up €798 (+676%), from €118 to €916
- Financial income +€566
up €566 (+439%), from €129 to €695
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 | €85,764 | €122,283 | +€36,519 | +42.6% |
| Current assets | 29/58 | €85,764 | €122,283 | +€36,519 | +42.6% |
| Amounts receivable within one year | 40/41 | €74,374 | €91,441 | +€17,066 | +22.9% |
| Trade receivables | 40 | €345 | €13,534 | +€13,189 | +3,823% |
| Other amounts receivable | 41 | €74,029 | €77,907 | +€3,877 | +5.2% |
| Cash at bank and in hand | 54/58 | €8,592 | €27,978 | +€19,386 | +226% |
| Deferred charges and accrued income | 490/1 | €2,798 | €2,865 | +€67 | +2.4% |
| Total equity and liabilities | 10/49 | €85,764 | €122,283 | +€36,519 | +42.6% |
| Equity | 10/15 | €64,310 | €30,819 | -€33,490 | -52.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €62,310 | €28,819 | -€33,490 | -53.7% |
| Distributable reserves | 133 | €62,310 | €28,819 | -€33,490 | -53.7% |
| Amounts payable | 17/49 | €21,454 | €91,464 | +€70,010 | +326% |
| Amounts payable within one year | 42/48 | €21,454 | €91,464 | +€70,010 | +326% |
| Trade debts | 44 | €2,555 | €3,265 | +€710 | +27.8% |
| Suppliers | 440/4 | €2,555 | €3,265 | +€710 | +27.8% |
| Taxes, remuneration and social security | 45 | €18,899 | €23,757 | +€4,858 | +25.7% |
| Taxes | 450/3 | €18,899 | €23,757 | +€4,858 | +25.7% |
| Other amounts payable | 47/48 | - | €64,442 | +€64,442 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €167 | - | -€167 | |
| Other operating charges | 640/8 | €118 | €916 | +€798 | +676% |
| Gross operating margin | 9900 | €35,774 | €37,603 | +€1,829 | +5.1% |
| Operating profit (loss) | 9901 | €35,489 | €36,688 | +€1,199 | +3.4% |
| Financial income | 75/76B | €129 | €695 | +€566 | +439% |
| Recurring financial income | 75 | €129 | €695 | +€566 | +439% |
| Financial charges | 65/66B | €75 | €75 | +€0 | +0.5% |
| Recurring financial charges | 65 | €75 | €75 | +€0 | +0.5% |
| Profit (loss) for the period before taxes | 9903 | €35,543 | €37,308 | +€1,765 | +5.0% |
| Income taxes | 67/77 | €7,650 | €8,798 | +€1,149 | +15.0% |
| Profit (loss) for the period | 9904 | €27,894 | €28,510 | +€616 | +2.2% |
| Profit (loss) for the period to be appropriated | 9905 | €27,894 | €28,510 | +€616 | +2.2% |
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 19 October 2026 via checked.be.