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G.E.G.2: what changed

What changed

G.E.G.2

BE 0821.743.121
NACE 41.003, General construction of other non-residential buildings
filed annual accounts (NBB)
Financial years compared with
Net result for the year
-€16,035
2024 · -€6,325-€9,710
Equity
-€149,442
2024 · -€133,408-€16,035
Cash
€1,591
2024 · €4,312-€2,721
Balance sheet total
€1,591
2024 · €4,312-€2,721

Largest movements

2024 to 2025
Assets
  • Cash -€2,721

    down €2,721 (-63.1%), from €4,312 to €1,591

    mainly Net result for the year (-€16,035)

Equity and liabilities
  • Profit (loss) carried forward -€16,035

    down €16,035 (-7.6%), from -€212,008 to -€228,042

  • Other debts +€12,781

    up €12,781 (+9.4%), from €135,470 to €148,251

  • Trade debts +€533

    up €533 (+23.7%), from €2,250 to €2,783

Income statement
  • Gross operating margin -€9,375

    down €9,375 (-372%), from -€2,522 to -€11,897

  • Financial charges +€321

    up €321 (+9.7%), from €3,297 to €3,618

Change in the result, 2024 to 2025

effect on the result

For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.

Result 2024 -€6,325
Gross operating margin -€9,375
Other operating charges -€14
Financial charges -€321
Result 2025 -€16,035
lowers the result

Derived cash bridge

cash 2024 to 2025

The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.

From operations -€2,721
Investment €0
Financing €0
Cash 2024 €4,312
Net result for the year -€16,035
Trade debts +€533
Other debts +€12,781
Cash 2025 €1,591
brings cash intakes cash out
Every line side by side 20 lines
Line Code 2024 2025 Change %
Total assets 20/58 €4,312 €1,591 -€2,721 -63.1%
Current assets 29/58 €4,312 €1,591 -€2,721 -63.1%
Cash at bank and in hand 54/58 €4,312 €1,591 -€2,721 -63.1%
Total equity and liabilities 10/49 €4,312 €1,591 -€2,721 -63.1%
Equity 10/15 -€133,408 -€149,442 -€16,035 -12.0%
Contributions 10/11 €78,600 €78,600 = 0.0%
Profit (loss) carried forward 14 -€212,008 -€228,042 -€16,035 -7.6%
Amounts payable 17/49 €137,720 €151,034 +€13,314 +9.7%
Amounts payable within one year 42/48 €137,720 €151,034 +€13,314 +9.7%
Trade debts 44 €2,250 €2,783 +€533 +23.7%
Suppliers 440/4 €2,250 €2,783 +€533 +23.7%
Other amounts payable 47/48 €135,470 €148,251 +€12,781 +9.4%
Other operating charges 640/8 €505 €520 +€14 +2.8%
Gross operating margin 9900 -€2,522 -€11,897 -€9,375 -372%
Operating profit (loss) 9901 -€3,028 -€12,417 -€9,389 -310%
Financial charges 65/66B €3,297 €3,618 +€321 +9.7%
Recurring financial charges 65 €3,297 €3,618 +€321 +9.7%
Profit (loss) for the period before taxes 9903 -€6,325 -€16,035 -€9,710 -154%
Profit (loss) for the period 9904 -€6,325 -€16,035 -€9,710 -154%
Profit (loss) for the period to be appropriated 9905 -€6,325 -€16,035 -€9,710 -154%
Calculation and sources

Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.