G&G: what changed
Two fiscal 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
- Receivables within one year +€2,799
up €2,799 (+67.5%), from €4,148 to €6,947
of which Trade receivables: +€2,000
- Tangible fixed assets -€2,289
down €2,289 (-15.5%), from €14,786 to €12,497
of which Plant, machinery and equipment: -€1,435
- Cash -€1,963
down €1,963 (-12.2%), from €16,032 to €14,069
mainly Receivables within one year (-€2,799) and Other debts (-€2,072)
- Stocks and contracts +€1,919
up €1,919 (+169.1%), from €1,135 to €3,053
- Trade debts +€2,159
up €2,159 (+133.4%), from €1,619 to €3,779
- Other debts -€2,072
down €2,072 (-12.8%), from €16,204 to €14,132
- Staff costs +€5,142
up €5,142 (+12.9%), from €40,010 to €45,152
- Other operating charges -€4,766
down €4,766 (-72.1%), from €6,612 to €1,846
- Gross operating margin -€2,119
down €2,119 (-4.0%), from €53,095 to €50,976
- Financial income -€720
no longer reported in 2025 (was €720)
of which Financial income: -€720
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.
Cash bridge derived
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 | €36,361 | €36,566 | +€205 | +0.6% |
| Fixed assets | 21/28 | €14,786 | €12,497 | -€2,289 | -15.5% |
| Tangible fixed assets | 22/27 | €14,786 | €12,497 | -€2,289 | -15.5% |
| Plant, machinery and equipment | 23 | €7,776 | €6,341 | -€1,435 | -18.5% |
| Furniture and vehicles | 24 | €7,010 | €6,156 | -€854 | -12.2% |
| Current assets | 29/58 | €21,575 | €24,069 | +€2,494 | +11.6% |
| Stocks and contracts in progress | 3 | €1,135 | €3,053 | +€1,919 | +169.1% |
| Stocks | 30/36 | €1,135 | €3,053 | +€1,919 | +169.1% |
| Amounts receivable within one year | 40/41 | €4,148 | €6,947 | +€2,799 | +67.5% |
| Trade receivables | 40 | - | €2,000 | +€2,000 | |
| Other amounts receivable | 41 | €4,148 | €4,947 | +€799 | +19.2% |
| Cash at bank and in hand | 54/58 | €16,032 | €14,069 | -€1,963 | -12.2% |
| Deferred charges and accrued income | 490/1 | €260 | - | -€260 | |
| Total equity and liabilities | 10/49 | €36,361 | €36,566 | +€205 | +0.6% |
| Equity | 10/15 | €10,286 | €10,624 | +€338 | +3.3% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,285 | €10,623 | +€338 | +3.3% |
| Amounts payable | 17/49 | €26,075 | €25,942 | -€133 | -0.5% |
| Amounts payable within one year | 42/48 | €26,075 | €25,942 | -€133 | -0.5% |
| Trade debts | 44 | €1,619 | €3,779 | +€2,159 | +133.4% |
| Suppliers | 440/4 | €1,619 | €3,779 | +€2,159 | +133.4% |
| Taxes, remuneration and social security | 45 | €8,252 | €8,032 | -€221 | -2.7% |
| Taxes | 450/3 | €5,483 | €7,366 | +€1,883 | +34.4% |
| Remuneration and social security | 454/9 | €2,769 | €665 | -€2,104 | -76.0% |
| Other amounts payable | 47/48 | €16,204 | €14,132 | -€2,072 | -12.8% |
| Remuneration, social security and pensions | 62 | €40,010 | €45,152 | +€5,142 | +12.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,289 | €2,289 | = | 0.0% |
| Other operating charges | 640/8 | €6,612 | €1,846 | -€4,766 | -72.1% |
| Gross operating margin | 9900 | €53,095 | €50,976 | -€2,119 | -4.0% |
| Operating profit (loss) | 9901 | €4,185 | €1,689 | -€2,496 | -59.6% |
| Financial income | 75/76B | €720 | - | -€720 | |
| Recurring financial income | 75 | €720 | - | -€720 | |
| Non-recurring financial income | 76B | €720 | - | -€720 | |
| Financial charges | 65/66B | €192 | €157 | -€35 | -18.2% |
| Recurring financial charges | 65 | €192 | €157 | -€35 | -18.2% |
| Profit (loss) for the period before taxes | 9903 | €4,713 | €1,532 | -€3,181 | -67.5% |
| Income taxes | 67/77 | €1,393 | €1,194 | -€199 | -14.3% |
| Profit (loss) for the period | 9904 | €3,320 | €338 | -€2,982 | -89.8% |
| Profit (loss) for the period to be appropriated | 9905 | €3,320 | €338 | -€2,982 | -89.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.