G&G SOLUTIONS: 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 SOLUTIONS
Largest movements
- Receivables within one year +€242,642
up €242,642 (+3,963%), from €6,123 to €248,765
of which Trade receivables: +€156,885
- Cash -€205,603
down €205,603 (-76.2%), from €269,975 to €64,372
mainly Receivables within one year (-€242,642) and Tax, wage and social debts (-€39,315)
- Deferred charges and accrued income -€23,541
down €23,541 (-89.7%), from €26,250 to €2,709
- Tangible fixed assets -€11,570
down €11,570 (-47.9%), from €24,172 to €12,602
of which Furniture and vehicles: -€11,336
- Trade debts +€55,394
up €55,394 (+90.5%), from €61,186 to €116,580
- Tax, wage and social debts -€39,315
down €39,315 (-22.6%), from €174,320 to €135,004
- Advances received -€25,780
no longer reported in 2025 (was €25,780)
- Profit (loss) carried forward +€13,219
up €13,219 (+162%), from €8,145 to €21,364
- Gross operating margin -€262,732
down €262,732 (-87.8%), from €299,374 to €36,642
- Taxes -€75,132
down €75,132 (-90.5%), from €83,044 to €7,912
- Financial income -€3,509
down €3,509 (-59.7%), from €5,881 to €2,371
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 | €326,520 | €328,449 | +€1,929 | +0.6% |
| Fixed assets | 21/28 | €24,172 | €12,602 | -€11,570 | -47.9% |
| Tangible fixed assets | 22/27 | €24,172 | €12,602 | -€11,570 | -47.9% |
| Plant, machinery and equipment | 23 | €233 | - | -€233 | |
| Furniture and vehicles | 24 | €23,938 | €12,602 | -€11,336 | -47.4% |
| Current assets | 29/58 | €302,348 | €315,847 | +€13,498 | +4.5% |
| Amounts receivable within one year | 40/41 | €6,123 | €248,765 | +€242,642 | +3,963% |
| Trade receivables | 40 | - | €156,885 | +€156,885 | |
| Other amounts receivable | 41 | €6,123 | €91,880 | +€85,757 | +1,400% |
| Cash at bank and in hand | 54/58 | €269,975 | €64,372 | -€205,603 | -76.2% |
| Deferred charges and accrued income | 490/1 | €26,250 | €2,709 | -€23,541 | -89.7% |
| Total equity and liabilities | 10/49 | €326,520 | €328,449 | +€1,929 | +0.6% |
| Equity | 10/15 | €63,645 | €76,864 | +€13,219 | +20.8% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Contributions outside capital | 11 | €1,500 | - | -€1,500 | |
| Other | 1109/19 | €1,500 | - | -€1,500 | |
| Reserves | 13 | €54,000 | €54,000 | = | 0.0% |
| Distributable reserves | 133 | €54,000 | €54,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,145 | €21,364 | +€13,219 | +162% |
| Amounts payable | 17/49 | €262,875 | €251,585 | -€11,291 | -4.3% |
| Amounts payable within one year | 42/48 | €262,875 | €251,585 | -€11,291 | -4.3% |
| Trade debts | 44 | €61,186 | €116,580 | +€55,394 | +90.5% |
| Suppliers | 440/4 | €61,186 | €116,580 | +€55,394 | +90.5% |
| Advances received on contracts in progress | 46 | €25,780 | - | -€25,780 | |
| Taxes, remuneration and social security | 45 | €174,320 | €135,004 | -€39,315 | -22.6% |
| Taxes | 450/3 | €174,320 | €135,004 | -€39,315 | -22.6% |
| Other amounts payable | 47/48 | €1,589 | - | -€1,589 | |
| Remuneration, social security and pensions | 62 | €2,591 | - | -€2,591 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,873 | €8,040 | -€1,833 | -18.6% |
| Other operating charges | 640/8 | €4,775 | €3,027 | -€1,748 | -36.6% |
| Non-recurring operating charges | 66A | - | €6,729 | +€6,729 | |
| Gross operating margin | 9900 | €299,374 | €36,642 | -€262,732 | -87.8% |
| Operating profit (loss) | 9901 | €282,136 | €18,846 | -€263,289 | -93.3% |
| Financial income | 75/76B | €5,881 | €2,371 | -€3,509 | -59.7% |
| Recurring financial income | 75 | €5,881 | €2,371 | -€3,509 | -59.7% |
| Financial charges | 65/66B | €97 | €86 | -€10 | -10.7% |
| Recurring financial charges | 65 | €97 | €86 | -€10 | -10.7% |
| Profit (loss) for the period before taxes | 9903 | €287,920 | €21,132 | -€266,788 | -92.7% |
| Income taxes | 67/77 | €83,044 | €7,912 | -€75,132 | -90.5% |
| Profit (loss) for the period | 9904 | €204,875 | €13,219 | -€191,656 | -93.5% |
| Profit (loss) for the period to be appropriated | 9905 | €204,875 | €13,219 | -€191,656 | -93.5% |
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 22 October 2026 via checked.be.