G² EVENTS: 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.
G² EVENTS
Largest movements
- Cash -€88,924
down €88,924 (-60.8%), from €146,330 to €57,406
mainly Trade debts (-€58,160) and Investment in fixed assets (net) (-€36,567)
- Receivables within one year +€12,974
up €12,974 (+13.2%), from €98,141 to €111,115
of which Trade receivables: +€14,805
- Intangible fixed assets +€10,730
new in 2025: €10,730
- Trade debts -€58,160
down €58,160 (-67.7%), from €85,896 to €27,736
- Profit (loss) carried forward -€5,994
down €5,994 (-2.9%), from €204,351 to €198,357
- Debts after one year -€4,052
down €4,052 (-36.1%), from €11,217 to €7,166
- Gross operating margin -€43,281
down €43,281 (-37.3%), from €116,037 to €72,755
- Taxes +€8,051
up €8,051 (+71.0%), from €11,342 to €19,392
- Depreciation -€5,391
down €5,391 (-15.8%), from €34,176 to €28,785
- Staff costs +€2,474
up €2,474 (+10.9%), from €22,799 to €25,272
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 | €334,814 | €267,509 | -€67,305 | -20.1% |
| Fixed assets | 21/28 | €84,835 | €92,617 | +€7,783 | +9.2% |
| Intangible fixed assets | 21 | - | €10,730 | +€10,730 | |
| Tangible fixed assets | 22/27 | €84,413 | €81,466 | -€2,947 | -3.5% |
| Furniture and vehicles | 24 | €1,807 | €903 | -€903 | -50.0% |
| Leasing and similar rights | 25 | €82,607 | €80,563 | -€2,044 | -2.5% |
| Financial fixed assets | 28 | €421 | €421 | = | 0.0% |
| Current assets | 29/58 | €249,980 | €174,892 | -€75,088 | -30.0% |
| Amounts receivable within one year | 40/41 | €98,141 | €111,115 | +€12,974 | +13.2% |
| Trade receivables | 40 | €96,263 | €111,068 | +€14,805 | +15.4% |
| Other amounts receivable | 41 | €1,878 | €47 | -€1,832 | -97.5% |
| Cash at bank and in hand | 54/58 | €146,330 | €57,406 | -€88,924 | -60.8% |
| Deferred charges and accrued income | 490/1 | €5,508 | €6,370 | +€862 | +15.7% |
| Total equity and liabilities | 10/49 | €334,814 | €267,509 | -€67,305 | -20.1% |
| Equity | 10/15 | €224,811 | €218,817 | -€5,994 | -2.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €204,351 | €198,357 | -€5,994 | -2.9% |
| Amounts payable | 17/49 | €110,003 | €48,691 | -€61,312 | -55.7% |
| Amounts payable after more than one year | 17 | €11,217 | €7,166 | -€4,052 | -36.1% |
| Financial debts | 170/4 | €11,217 | €7,166 | -€4,052 | -36.1% |
| Amounts payable within one year | 42/48 | €98,786 | €41,526 | -€57,260 | -58.0% |
| Financial debts | 43 | €6,134 | €4,052 | -€2,083 | -34.0% |
| Credit institutions | 430/8 | €6,134 | €4,052 | -€2,083 | -34.0% |
| Trade debts | 44 | €85,896 | €27,736 | -€58,160 | -67.7% |
| Suppliers | 440/4 | €85,896 | €27,736 | -€58,160 | -67.7% |
| Taxes, remuneration and social security | 45 | €6,755 | €9,738 | +€2,983 | +44.2% |
| Taxes | 450/3 | €2,910 | €4,295 | +€1,385 | +47.6% |
| Remuneration and social security | 454/9 | €3,846 | €5,443 | +€1,597 | +41.5% |
| Remuneration, social security and pensions | 62 | €22,799 | €25,272 | +€2,474 | +10.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,176 | €28,785 | -€5,391 | -15.8% |
| Other operating charges | 640/8 | €1,942 | €1,948 | +€6 | +0.3% |
| Non-recurring operating charges | 66A | - | €2,184 | +€2,184 | |
| Gross operating margin | 9900 | €116,037 | €72,755 | -€43,281 | -37.3% |
| Operating profit (loss) | 9901 | €57,120 | €14,566 | -€42,554 | -74.5% |
| Financial income | 75/76B | €512 | €460 | -€51 | -10.1% |
| Recurring financial income | 75 | €512 | €460 | -€51 | -10.1% |
| Financial charges | 65/66B | €1,678 | €1,628 | -€50 | -3.0% |
| Recurring financial charges | 65 | €1,678 | €1,628 | -€50 | -3.0% |
| Profit (loss) for the period before taxes | 9903 | €55,954 | €13,399 | -€42,555 | -76.1% |
| Income taxes | 67/77 | €11,342 | €19,392 | +€8,051 | +71.0% |
| Profit (loss) for the period | 9904 | €44,612 | -€5,994 | -€50,606 | |
| Profit (loss) for the period to be appropriated | 9905 | €44,612 | -€5,994 | -€50,606 |
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 23 October 2026 via checked.be.