G-Groep: 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-Groep
Largest movements
- Stocks and contracts +€2.8m
up €2.8m (+626%), from €450,184 to €3.3m
- Receivables within one year -€729,299
down €729,299 (-99.3%), from €734,363 to €5,064
of which Other amounts receivable: -€580,254
- Tangible fixed assets -€288,552
no longer reported in 2025 (was €288,552)
- Receivables after one year -€205,000
no longer reported in 2025 (was €205,000)
- Deferred charges and accrued income -€65,338
no longer reported in 2025 (was €65,338)
- Trade debts +€2.4m
up €2.4m (+7,539%), from €32,189 to €2.5m
- Other debts -€763,260
down €763,260 (-46.7%), from €1.6m to €870,031
- Contributions -€148,285
down €148,285 (-98.9%), from €150,000 to €1,715
- Profit (loss) carried forward +€45,481
up €45,481 (+69.6%), from -€65,345 to -€19,865
- Gross operating margin -€161,435
down €161,435, from €78,996 to -€82,439
- Staff costs -€57,252
down €57,252 (-99.6%), from €57,503 to €251
- Other operating charges -€35,349
down €35,349 (-93.1%), from €37,985 to €2,635
- Financial income -€18,062
down €18,062 (-24.3%), from €74,321 to €56,259
of which Financial income: -€72,862
- Financial charges -€6,797
down €6,797 (-55.4%), from €12,266 to €5,469
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 | €1,774,681 | €3,310,861 | +€1.5m | +86.6% |
| Fixed assets | 21/28 | €313,552 | - | -€313,552 | |
| Tangible fixed assets | 22/27 | €288,552 | - | -€288,552 | |
| Land and buildings | 22 | €288,552 | - | -€288,552 | |
| Financial fixed assets | 28 | €25,000 | - | -€25,000 | |
| Current assets | 29/58 | €1,461,129 | €3,310,861 | +€1.8m | +127% |
| Amounts receivable after more than one year | 29 | €205,000 | - | -€205,000 | |
| Other amounts receivable | 291 | €205,000 | - | -€205,000 | |
| Stocks and contracts in progress | 3 | €450,184 | €3,267,090 | +€2.8m | +626% |
| Stocks | 30/36 | €450,184 | €3,267,090 | +€2.8m | +626% |
| Amounts receivable within one year | 40/41 | €734,363 | €5,064 | -€729,299 | -99.3% |
| Trade receivables | 40 | €149,044 | - | -€149,044 | |
| Other amounts receivable | 41 | €585,318 | €5,064 | -€580,254 | -99.1% |
| Cash at bank and in hand | 54/58 | €6,244 | €38,707 | +€32,462 | +520% |
| Deferred charges and accrued income | 490/1 | €65,338 | - | -€65,338 | |
| Total equity and liabilities | 10/49 | €1,774,681 | €3,310,861 | +€1.5m | +86.6% |
| Equity | 10/15 | €103,059 | -€17,939 | -€120,998 | |
| Contributions | 10/11 | €150,000 | €1,715 | -€148,285 | -98.9% |
| Reserves | 13 | €18,404 | €210 | -€18,194 | -98.9% |
| Distributable reserves | 133 | €18,404 | €210 | -€18,194 | -98.9% |
| Profit (loss) carried forward | 14 | -€65,345 | -€19,865 | +€45,481 | +69.6% |
| Amounts payable | 17/49 | €1,671,622 | €3,328,800 | +€1.7m | +99.1% |
| Amounts payable within one year | 42/48 | €1,671,622 | €3,328,800 | +€1.7m | +99.1% |
| Trade debts | 44 | €32,189 | €2,458,769 | +€2.4m | +7,539% |
| Suppliers | 440/4 | €32,189 | €2,458,769 | +€2.4m | +7,539% |
| Taxes, remuneration and social security | 45 | €6,142 | - | -€6,142 | |
| Taxes | 450/3 | €6,142 | - | -€6,142 | |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €1,633,291 | €870,031 | -€763,260 | -46.7% |
| Remuneration, social security and pensions | 62 | €57,503 | €251 | -€57,252 | -99.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,448 | - | -€1,448 | |
| Other operating charges | 640/8 | €37,985 | €2,635 | -€35,349 | -93.1% |
| Gross operating margin | 9900 | €78,996 | -€82,439 | -€161,435 | |
| Operating profit (loss) | 9901 | -€17,939 | -€85,326 | -€67,387 | -376% |
| Financial income | 75/76B | €74,321 | €56,259 | -€18,062 | -24.3% |
| Recurring financial income | 75 | €74,321 | €1,459 | -€72,862 | -98.0% |
| Non-recurring financial income | 76B | - | €54,800 | +€54,800 | |
| Financial charges | 65/66B | €12,266 | €5,469 | -€6,797 | -55.4% |
| Recurring financial charges | 65 | €12,266 | €5,469 | -€6,797 | -55.4% |
| Profit (loss) for the period before taxes | 9903 | €44,115 | -€34,536 | -€78,651 | |
| Income taxes | 67/77 | €287 | - | -€287 | |
| Profit (loss) for the period | 9904 | €43,828 | -€34,536 | -€78,364 | |
| Profit (loss) for the period to be appropriated | 9905 | €43,828 | -€34,536 | -€78,364 |
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 19 October 2026 via checked.be.