G-corp: 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-corp
Largest movements
- Cash +€93,692
up €93,692 (+108%), from €86,875 to €180,568
mainly Net result for the year (+€36,368) and Receivables within one year (+€25,652)
- Receivables within one year -€25,652
down €25,652 (-70.2%), from €36,543 to €10,892
of which Trade receivables: -€22,656
- Tangible fixed assets +€3,912
new in 2025: €3,912
of which Furniture and vehicles: +€2,632
- Reserves +€36,368
up €36,368 (+56.1%), from €64,829 to €101,198
- Other debts +€17,708
up €17,708 (+88.4%), from €20,040 to €37,747
- Tax, wage and social debts +€14,359
up €14,359 (+44.3%), from €32,437 to €46,796
- Accrued charges and deferred income +€2,046
up €2,046 (+255%), from €804 to €2,849
- Gross operating margin -€37,548
down €37,548 (-40.4%), from €92,856 to €55,308
- Taxes -€10,434
down €10,434 (-40.3%), from €25,919 to €15,485
- Financial charges +€1,373
up €1,373 (+168%), from €816 to €2,189
- Depreciation -€1,077
down €1,077 (-83.3%), from €1,292 to €215
- Other operating charges +€1,050
new in 2025: €1,050
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 | €123,418 | €195,372 | +€71,953 | +58.3% |
| Fixed assets | 21/28 | - | €3,912 | +€3,912 | |
| Tangible fixed assets | 22/27 | - | €3,912 | +€3,912 | |
| Furniture and vehicles | 24 | - | €2,632 | +€2,632 | |
| Other tangible fixed assets | 26 | - | €1,280 | +€1,280 | |
| Current assets | 29/58 | €123,418 | €191,459 | +€68,041 | +55.1% |
| Amounts receivable within one year | 40/41 | €36,543 | €10,892 | -€25,652 | -70.2% |
| Trade receivables | 40 | €26,540 | €3,884 | -€22,656 | -85.4% |
| Other amounts receivable | 41 | €10,003 | €7,008 | -€2,995 | -29.9% |
| Cash at bank and in hand | 54/58 | €86,875 | €180,568 | +€93,692 | +108% |
| Total equity and liabilities | 10/49 | €123,418 | €195,372 | +€71,953 | +58.3% |
| Equity | 10/15 | €67,829 | €104,198 | +€36,368 | +53.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €64,829 | €101,198 | +€36,368 | +56.1% |
| Distributable reserves | 133 | €64,829 | €101,198 | +€36,368 | +56.1% |
| Amounts payable | 17/49 | €55,589 | €91,174 | +€35,585 | +64.0% |
| Amounts payable within one year | 42/48 | €54,786 | €88,325 | +€33,539 | +61.2% |
| Trade debts | 44 | €2,309 | €3,781 | +€1,472 | +63.8% |
| Suppliers | 440/4 | €2,309 | €3,781 | +€1,472 | +63.8% |
| Taxes, remuneration and social security | 45 | €32,437 | €46,796 | +€14,359 | +44.3% |
| Taxes | 450/3 | €32,437 | €46,796 | +€14,359 | +44.3% |
| Other amounts payable | 47/48 | €20,040 | €37,747 | +€17,708 | +88.4% |
| Accrued charges and deferred income | 492/3 | €804 | €2,849 | +€2,046 | +255% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,292 | €215 | -€1,077 | -83.3% |
| Other operating charges | 640/8 | - | €1,050 | +€1,050 | |
| Gross operating margin | 9900 | €92,856 | €55,308 | -€37,548 | -40.4% |
| Operating profit (loss) | 9901 | €91,564 | €54,043 | -€37,522 | -41.0% |
| Financial charges | 65/66B | €816 | €2,189 | +€1,373 | +168% |
| Recurring financial charges | 65 | €816 | €2,189 | +€1,373 | +168% |
| Profit (loss) for the period before taxes | 9903 | €90,748 | €51,854 | -€38,895 | -42.9% |
| Income taxes | 67/77 | €25,919 | €15,485 | -€10,434 | -40.3% |
| Profit (loss) for the period | 9904 | €64,829 | €36,368 | -€28,461 | -43.9% |
| Profit (loss) for the period to be appropriated | 9905 | €64,829 | €36,368 | -€28,461 | -43.9% |
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 15 October 2026 via checked.be.