G.COSMETICS: 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.COSMETICS
Largest movements
- Cash +€21,603
up €21,603 (+109%), from €19,759 to €41,362
mainly Net result for the year (+€33,464) and Stocks and contracts (+€15,811)
- Stocks and contracts -€15,811
down €15,811 (-15.3%), from €103,198 to €87,387
- Receivables within one year -€14,243
down €14,243 (-42.8%), from €33,261 to €19,017
of which Other amounts receivable: -€17,691
- Financial fixed assets +€3,270
up €3,270 (+2,882%), from €113 to €3,383
- Reserves +€33,464
up €33,464 (+71.7%), from €46,700 to €80,164
- Other debts -€22,475
down €22,475 (-43.5%), from €51,710 to €29,235
- Debts after one year -€16,839
down €16,839 (-50.0%), from €33,662 to €16,823
- Current portion of long-term debt +€8,513
up €8,513 (+56.9%), from €14,959 to €23,471
- Tax, wage and social debts -€6,810
down €6,810 (-29.7%), from €22,913 to €16,103
of which Remuneration and social security: -€4,228
- Gross operating margin +€21,949
up €21,949 (+21.7%), from €101,107 to €123,056
- Staff costs -€14,454
down €14,454 (-22.9%), from €63,219 to €48,766
- Taxes +€11,734
up €11,734 (+283%), from €4,140 to €15,875
- Depreciation +€2,298
up €2,298 (+18.2%), from €12,620 to €14,918
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 | €204,477 | €198,506 | -€5,971 | -2.9% |
| Fixed assets | 21/28 | €41,552 | €43,593 | +€2,041 | +4.9% |
| Tangible fixed assets | 22/27 | €41,439 | €40,210 | -€1,229 | -3.0% |
| Land and buildings | 22 | €14,818 | €13,153 | -€1,664 | -11.2% |
| Plant, machinery and equipment | 23 | €17,752 | €10,381 | -€7,371 | -41.5% |
| Leasing and similar rights | 25 | €8,869 | €16,676 | +€7,807 | +88.0% |
| Financial fixed assets | 28 | €113 | €3,383 | +€3,270 | +2,882% |
| Current assets | 29/58 | €162,925 | €154,913 | -€8,012 | -4.9% |
| Stocks and contracts in progress | 3 | €103,198 | €87,387 | -€15,811 | -15.3% |
| Stocks | 30/36 | €103,198 | €87,387 | -€15,811 | -15.3% |
| Amounts receivable within one year | 40/41 | €33,261 | €19,017 | -€14,243 | -42.8% |
| Trade receivables | 40 | €13,945 | €17,392 | +€3,447 | +24.7% |
| Other amounts receivable | 41 | €19,316 | €1,625 | -€17,691 | -91.6% |
| Cash at bank and in hand | 54/58 | €19,759 | €41,362 | +€21,603 | +109% |
| Deferred charges and accrued income | 490/1 | €6,708 | €7,146 | +€439 | +6.5% |
| Total equity and liabilities | 10/49 | €204,477 | €198,506 | -€5,971 | -2.9% |
| Equity | 10/15 | €65,300 | €98,764 | +€33,464 | +51.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €46,700 | €80,164 | +€33,464 | +71.7% |
| Distributable reserves | 133 | €46,700 | €80,164 | +€33,464 | +71.7% |
| Amounts payable | 17/49 | €139,177 | €99,742 | -€39,435 | -28.3% |
| Amounts payable after more than one year | 17 | €33,662 | €16,823 | -€16,839 | -50.0% |
| Financial debts | 170/4 | €33,662 | €16,823 | -€16,839 | -50.0% |
| Amounts payable within one year | 42/48 | €105,515 | €82,919 | -€22,596 | -21.4% |
| Current portion of amounts payable after more than one year | 42 | €14,959 | €23,471 | +€8,513 | +56.9% |
| Financial debts | 43 | €1,216 | €307 | -€909 | -74.7% |
| Credit institutions | 430/8 | €1,216 | €307 | -€909 | -74.7% |
| Trade debts | 44 | €14,717 | €13,803 | -€914 | -6.2% |
| Suppliers | 440/4 | €14,717 | €13,803 | -€914 | -6.2% |
| Taxes, remuneration and social security | 45 | €22,913 | €16,103 | -€6,810 | -29.7% |
| Taxes | 450/3 | €11,192 | €8,610 | -€2,582 | -23.1% |
| Remuneration and social security | 454/9 | €11,721 | €7,493 | -€4,228 | -36.1% |
| Other amounts payable | 47/48 | €51,710 | €29,235 | -€22,475 | -43.5% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €63,219 | €48,766 | -€14,454 | -22.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,620 | €14,918 | +€2,298 | +18.2% |
| Other operating charges | 640/8 | €1,130 | €1,548 | +€418 | +37.0% |
| Gross operating margin | 9900 | €101,107 | €123,056 | +€21,949 | +21.7% |
| Operating profit (loss) | 9901 | €24,138 | €57,824 | +€33,686 | +140% |
| Financial income | 75/76B | €46 | €42 | -€4 | -8.5% |
| Recurring financial income | 75 | €46 | €42 | -€4 | -8.5% |
| Financial charges | 65/66B | €9,292 | €8,527 | -€765 | -8.2% |
| Recurring financial charges | 65 | €9,292 | €8,527 | -€765 | -8.2% |
| Profit (loss) for the period before taxes | 9903 | €14,892 | €49,339 | +€34,447 | +231% |
| Income taxes | 67/77 | €4,140 | €15,875 | +€11,734 | +283% |
| Profit (loss) for the period | 9904 | €10,751 | €33,464 | +€22,713 | +211% |
| Profit (loss) for the period to be appropriated | 9905 | €10,751 | €33,464 | +€22,713 | +211% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.