G&G Realty: 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 Realty
Largest movements
- Tangible fixed assets +€713,791
up €713,791 (+2,318%), from €30,792 to €744,583
of which Land and buildings: +€532,897
- Current investments +€73,622
up €73,622 (+21,662%), from €340 to €73,962
- Debts after one year +€695,720
new in 2022: €695,720
- Other debts +€183,595
up €183,595 (+397%), from €46,200 to €229,796
- Profit (loss) carried forward -€114,387
down €114,387 (-629%), from -€18,197 to -€132,584
- Trade debts +€22,371
new in 2022: €22,371
- Depreciation +€68,732
up €68,732 (+1,034%), from €6,646 to €75,378
- Gross operating margin -€20,845
down €20,845 (-187%), from -€11,168 to -€32,013
- Financial charges +€4,626
up €4,626 (+3,719%), from €124 to €4,751
- Other operating charges +€2,115
up €2,115 (+1,627%), from €130 to €2,245
From the 2021 result to the 2022 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €31,132 | €818,553 | +€787,421 | +2,529% |
| Fixed assets | 21/28 | €30,792 | €744,583 | +€713,791 | +2,318% |
| Tangible fixed assets | 22/27 | €30,792 | €744,583 | +€713,791 | +2,318% |
| Land and buildings | 22 | - | €532,897 | +€532,897 | |
| Plant, machinery and equipment | 23 | - | €160,937 | +€160,937 | |
| Furniture and vehicles | 24 | €30,792 | €50,748 | +€19,957 | +64.8% |
| Current assets | 29/58 | €340 | €73,970 | +€73,630 | +21,665% |
| Amounts receivable within one year | 40/41 | - | €8 | +€8 | |
| Other amounts receivable | 41 | - | €8 | +€8 | |
| Current investments | 50/53 | €340 | €73,962 | +€73,622 | +21,662% |
| Total equity and liabilities | 10/49 | €31,132 | €818,553 | +€787,421 | +2,529% |
| Equity | 10/15 | -€15,197 | -€129,584 | -€114,387 | -753% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Capital | 10 | €3,000 | €3,000 | = | 0.0% |
| Issued capital | 100 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,197 | -€132,584 | -€114,387 | -629% |
| Amounts payable | 17/49 | €46,329 | €948,137 | +€901,809 | +1,947% |
| Amounts payable after more than one year | 17 | - | €695,720 | +€695,720 | |
| Financial debts | 170/4 | - | €695,720 | +€695,720 | |
| Amounts payable within one year | 42/48 | €46,329 | €252,218 | +€205,889 | +444% |
| Trade debts | 44 | - | €22,371 | +€22,371 | |
| Suppliers | 440/4 | - | €22,371 | +€22,371 | |
| Taxes, remuneration and social security | 45 | €129 | €51 | -€78 | -60.3% |
| Taxes | 450/3 | €129 | €51 | -€78 | -60.3% |
| Other amounts payable | 47/48 | €46,200 | €229,796 | +€183,595 | +397% |
| Accrued charges and deferred income | 492/3 | - | €200 | +€200 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,646 | €75,378 | +€68,732 | +1,034% |
| Other operating charges | 640/8 | €130 | €2,245 | +€2,115 | +1,627% |
| Gross operating margin | 9900 | -€11,168 | -€32,013 | -€20,845 | -187% |
| Operating profit (loss) | 9901 | -€17,944 | -€109,636 | -€91,692 | -511% |
| Financial charges | 65/66B | €124 | €4,751 | +€4,626 | +3,719% |
| Recurring financial charges | 65 | €124 | €4,751 | +€4,626 | +3,719% |
| Profit (loss) for the period before taxes | 9903 | -€18,069 | -€114,387 | -€96,319 | -533% |
| Income taxes | 67/77 | €129 | - | -€129 | |
| Profit (loss) for the period | 9904 | -€18,197 | -€114,387 | -€96,190 | -529% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,197 | -€114,387 | -€96,190 | -529% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.