G&G: 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&G
Largest movements
- Cash -€48,997
down €48,997 (-83.7%), from €58,514 to €9,516
mainly Deferred charges and accrued income (-€48,000) and Tax, wage and social debts (-€15,505)
- Deferred charges and accrued income +€48,000
up €48,000 (+100%), from €48,000 to €96,000
- Reserves +€27,000
up €27,000 (+29.1%), from €92,750 to €119,750
- Tax, wage and social debts -€15,505
down €15,505 (-97.8%), from €15,856 to €352
- Debts after one year -€12,972
down €12,972 (-17.2%), from €75,301 to €62,329
- Financial charges +€706
up €706 (+47.1%), from €1,499 to €2,206
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 | €270,167 | €269,299 | -€867 | -0.3% |
| Fixed assets | 21/28 | €162,630 | €162,630 | = | 0.0% |
| Tangible fixed assets | 22/27 | €162,630 | €162,630 | = | 0.0% |
| Land and buildings | 22 | €162,630 | €162,630 | = | 0.0% |
| Current assets | 29/58 | €107,537 | €106,669 | -€867 | -0.8% |
| Amounts receivable within one year | 40/41 | €1,023 | €1,153 | +€130 | +12.7% |
| Other amounts receivable | 41 | €1,023 | €1,153 | +€130 | +12.7% |
| Cash at bank and in hand | 54/58 | €58,514 | €9,516 | -€48,997 | -83.7% |
| Deferred charges and accrued income | 490/1 | €48,000 | €96,000 | +€48,000 | +100% |
| Total equity and liabilities | 10/49 | €270,167 | €269,299 | -€867 | -0.3% |
| Equity | 10/15 | €106,831 | €133,886 | +€27,054 | +25.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €92,750 | €119,750 | +€27,000 | +29.1% |
| Distributable reserves | 133 | €92,750 | €119,750 | +€27,000 | +29.1% |
| Profit (loss) carried forward | 14 | €4,081 | €4,136 | +€54 | +1.3% |
| Amounts payable | 17/49 | €163,335 | €135,414 | -€27,922 | -17.1% |
| Amounts payable after more than one year | 17 | €75,301 | €62,329 | -€12,972 | -17.2% |
| Financial debts | 170/4 | €75,301 | €62,329 | -€12,972 | -17.2% |
| Amounts payable within one year | 42/48 | €87,688 | €72,149 | -€15,540 | -17.7% |
| Current portion of amounts payable after more than one year | 42 | €12,840 | €12,972 | +€132 | +1.0% |
| Trade debts | 44 | €513 | - | -€513 | |
| Suppliers | 440/4 | €513 | - | -€513 | |
| Taxes, remuneration and social security | 45 | €15,856 | €352 | -€15,505 | -97.8% |
| Taxes | 450/3 | €15,856 | €352 | -€15,505 | -97.8% |
| Other amounts payable | 47/48 | €58,479 | €58,825 | +€346 | +0.6% |
| Accrued charges and deferred income | 492/3 | €346 | €936 | +€590 | +171% |
| Other operating charges | 640/8 | €710 | €551 | -€159 | -22.4% |
| Gross operating margin | 9900 | €42,819 | €42,429 | -€390 | -0.9% |
| Operating profit (loss) | 9901 | €42,110 | €41,878 | -€231 | -0.5% |
| Financial charges | 65/66B | €1,499 | €2,206 | +€706 | +47.1% |
| Recurring financial charges | 65 | €1,499 | €2,206 | +€706 | +47.1% |
| Profit (loss) for the period before taxes | 9903 | €40,611 | €39,673 | -€938 | -2.3% |
| Income taxes | 67/77 | €12,853 | €12,618 | -€234 | -1.8% |
| Profit (loss) for the period | 9904 | €27,758 | €27,054 | -€703 | -2.5% |
| Profit (loss) for the period to be appropriated | 9905 | €27,758 | €27,054 | -€703 | -2.5% |
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 24 October 2026 via checked.be.