G.H.: 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.H.
Largest movements
- Cash +€41,462
up €41,462 (+959.9%), from €4,319 to €45,781
mainly Accrued charges and deferred income (+€26,062) and Other debts (+€23,289)
- Tangible fixed assets -€6,600
down €6,600 (-13.0%), from €50,600 to €44,000
- Accrued charges and deferred income +€26,062
up €26,062 (+695.0%), from €3,750 to €29,812
- Other debts +€23,289
up €23,289 (+32.8%), from €71,044 to €94,334
- Profit (loss) carried forward -€12,976
down €12,976 (-16.5%), from -€78,592 to -€91,568
- Trade debts -€1,961
down €1,961 (-93.9%), from €2,089 to €128
- Gross operating margin +€169,875
up €169,875, from -€148,955 to €20,920
- Provisions +€15,000
up €15,000, from -€15,000 to €0
- Financial charges +€5,083
up €5,083 (+431.1%), from €1,179 to €6,263
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 | €66,711 | €101,573 | +€34,862 | +52.3% |
| Fixed assets | 21/28 | €55,742 | €49,142 | -€6,600 | -11.8% |
| Tangible fixed assets | 22/27 | €50,600 | €44,000 | -€6,600 | -13.0% |
| Land and buildings | 22 | €50,600 | €44,000 | -€6,600 | -13.0% |
| Financial fixed assets | 28 | €5,142 | €5,142 | = | 0.0% |
| Current assets | 29/58 | €10,969 | €52,431 | +€41,462 | +378.0% |
| Amounts receivable within one year | 40/41 | €6,000 | €6,000 | = | 0.0% |
| Other amounts receivable | 41 | €6,000 | €6,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €4,319 | €45,781 | +€41,462 | +959.9% |
| Deferred charges and accrued income | 490/1 | €650 | €650 | = | 0.0% |
| Total equity and liabilities | 10/49 | €66,711 | €101,573 | +€34,862 | +52.3% |
| Equity | 10/15 | -€10,264 | -€23,240 | -€12,976 | -126.4% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €43,329 | €43,329 | = | 0.0% |
| Distributable reserves | 133 | €43,329 | €43,329 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€78,592 | -€91,568 | -€12,976 | -16.5% |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Provisions for liabilities and charges | 160/5 | €0 | - | = | |
| Major repairs and maintenance | 162 | €0 | - | = | |
| Amounts payable | 17/49 | €76,975 | €124,813 | +€47,838 | +62.1% |
| Amounts payable within one year | 42/48 | €73,225 | €95,001 | +€21,776 | +29.7% |
| Trade debts | 44 | €2,089 | €128 | -€1,961 | -93.9% |
| Suppliers | 440/4 | €2,089 | €128 | -€1,961 | -93.9% |
| Taxes, remuneration and social security | 45 | €92 | €539 | +€448 | +488.7% |
| Taxes | 450/3 | €92 | €539 | +€448 | +488.7% |
| Other amounts payable | 47/48 | €71,044 | €94,334 | +€23,289 | +32.8% |
| Accrued charges and deferred income | 492/3 | €3,750 | €29,812 | +€26,062 | +695.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,600 | €6,600 | = | 0.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€15,000 | €0 | +€15,000 | |
| Other operating charges | 640/8 | €20,398 | €21,035 | +€638 | +3.1% |
| Gross operating margin | 9900 | -€148,955 | €20,920 | +€169,875 | |
| Operating profit (loss) | 9901 | -€160,953 | -€6,716 | +€154,237 | +95.8% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €1,179 | €6,263 | +€5,083 | +431.1% |
| Recurring financial charges | 65 | €1,179 | €6,263 | +€5,083 | +431.1% |
| Profit (loss) for the period before taxes | 9903 | -€162,132 | -€12,976 | +€149,156 | +92.0% |
| Income taxes | 67/77 | -€155 | €0 | +€155 | |
| Profit (loss) for the period | 9904 | -€161,978 | -€12,976 | +€149,001 | +92.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€161,978 | -€12,976 | +€149,001 | +92.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.