G&G Legacy: 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 Legacy
Largest movements
- Tangible fixed assets -€90,350
down €90,350 (-4.0%), from €2.3m to €2.2m
of which Land and buildings: -€90,200
- Debts after one year -€80,359
down €80,359 (-5.5%), from €1.4m to €1.4m
- Profit (loss) carried forward -€56,284
down €56,284 (-32.4%), from -€173,490 to -€229,774
- Gross operating margin -€12,816
down €12,816 (-14.1%), from €90,771 to €77,955
- Financial charges -€2,203
down €2,203 (-4.8%), from €46,092 to €43,889
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 | €2,295,365 | €2,190,047 | -€105,319 | -4.6% |
| Fixed assets | 21/28 | €2,267,113 | €2,176,763 | -€90,350 | -4.0% |
| Tangible fixed assets | 22/27 | €2,267,113 | €2,176,763 | -€90,350 | -4.0% |
| Land and buildings | 22 | €2,266,675 | €2,176,475 | -€90,200 | -4.0% |
| Plant, machinery and equipment | 23 | €438 | €288 | -€150 | -34.3% |
| Current assets | 29/58 | €28,253 | €13,284 | -€14,969 | -53.0% |
| Cash at bank and in hand | 54/58 | €27,151 | €11,761 | -€15,390 | -56.7% |
| Deferred charges and accrued income | 490/1 | €1,102 | €1,524 | +€422 | +38.3% |
| Total equity and liabilities | 10/49 | €2,295,365 | €2,190,047 | -€105,319 | -4.6% |
| Equity | 10/15 | €634,510 | €578,226 | -€56,284 | -8.9% |
| Contributions | 10/11 | €808,000 | €808,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€173,490 | -€229,774 | -€56,284 | -32.4% |
| Amounts payable | 17/49 | €1,660,856 | €1,611,821 | -€49,035 | -3.0% |
| Amounts payable after more than one year | 17 | €1,448,393 | €1,368,034 | -€80,359 | -5.5% |
| Financial debts | 170/4 | €1,448,393 | €1,368,034 | -€80,359 | -5.5% |
| Amounts payable within one year | 42/48 | €212,462 | €243,787 | +€31,324 | +14.7% |
| Current portion of amounts payable after more than one year | 42 | €78,058 | €80,359 | +€2,302 | +2.9% |
| Trade debts | 44 | €4,106 | €11,129 | +€7,023 | +171% |
| Suppliers | 440/4 | €4,106 | €11,129 | +€7,023 | +171% |
| Other amounts payable | 47/48 | €130,299 | €152,299 | +€22,000 | +16.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €90,350 | €90,350 | = | 0.0% |
| Gross operating margin | 9900 | €90,771 | €77,955 | -€12,816 | -14.1% |
| Operating profit (loss) | 9901 | €421 | -€12,395 | -€12,816 | |
| Financial charges | 65/66B | €46,092 | €43,889 | -€2,203 | -4.8% |
| Recurring financial charges | 65 | €46,092 | €43,889 | -€2,203 | -4.8% |
| Profit (loss) for the period before taxes | 9903 | -€45,671 | -€56,284 | -€10,613 | -23.2% |
| Profit (loss) for the period | 9904 | -€45,671 | -€56,284 | -€10,613 | -23.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€45,671 | -€56,284 | -€10,613 | -23.2% |
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.