G² INNOVATION: 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.
G² INNOVATION
Largest movements
- Cash +€50,435
up €50,435 (+427%), from €11,812 to €62,247
mainly Net result for the year (+€39,566) and Current investments (+€33,220)
- Receivables within one year +€42,476
up €42,476 (+279%), from €15,247 to €57,722
of which Other amounts receivable: +€36,880
- Current investments -€33,220
down €33,220 (-68.0%), from €48,830 to €15,610
- Receivables after one year -€24,298
no longer reported in 2025 (was €24,298)
- Tangible fixed assets -€1,888
down €1,888 (-32.0%), from €5,900 to €4,012
of which Furniture and vehicles: -€1,518
- Reserves +€39,566
up €39,566 (+53.7%), from €73,629 to €113,195
- Debts after one year -€6,475
no longer reported in 2025 (was €6,475)
- Short-term financial debts -€2,500
no longer reported in 2025 (was €2,500)
- Trade debts +€1,730
up €1,730 (+55.8%), from €3,099 to €4,829
- Gross operating margin +€67,251
up €67,251 (+471%), from €14,289 to €81,541
- Financial charges +€14,136
up €14,136 (+132%), from €10,712 to €24,847
of which Financial charges: +€25,635
- Taxes +€13,047
up €13,047 (+421%), from €3,102 to €16,149
- Depreciation -€8,821
down €8,821 (-82.4%), from €10,709 to €1,888
- Financial income -€8,782
down €8,782 (-68.9%), from €12,751 to €3,969
of which Non-recurring financial income: -€11,500
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 | €107,085 | €140,571 | +€33,486 | +31.3% |
| Fixed assets | 21/28 | €5,900 | €4,012 | -€1,888 | -32.0% |
| Tangible fixed assets | 22/27 | €5,900 | €4,012 | -€1,888 | -32.0% |
| Furniture and vehicles | 24 | €3,475 | €1,957 | -€1,518 | -43.7% |
| Other tangible fixed assets | 26 | €2,425 | €2,055 | -€370 | -15.3% |
| Current assets | 29/58 | €101,185 | €136,559 | +€35,374 | +35.0% |
| Amounts receivable after more than one year | 29 | €24,298 | - | -€24,298 | |
| Other amounts receivable | 291 | €24,298 | - | -€24,298 | |
| Amounts receivable within one year | 40/41 | €15,247 | €57,722 | +€42,476 | +279% |
| Trade receivables | 40 | €15,049 | €20,645 | +€5,596 | +37.2% |
| Other amounts receivable | 41 | €197 | €37,077 | +€36,880 | +18,676% |
| Current investments | 50/53 | €48,830 | €15,610 | -€33,220 | -68.0% |
| Cash at bank and in hand | 54/58 | €11,812 | €62,247 | +€50,435 | +427% |
| Deferred charges and accrued income | 490/1 | €999 | €980 | -€18 | -1.8% |
| Total equity and liabilities | 10/49 | €107,085 | €140,571 | +€33,486 | +31.3% |
| Equity | 10/15 | €93,062 | €132,629 | +€39,566 | +42.5% |
| Contributions | 10/11 | €18,607 | €18,607 | = | 0.0% |
| Reserves | 13 | €73,629 | €113,195 | +€39,566 | +53.7% |
| Distributable reserves | 133 | €73,629 | €113,195 | +€39,566 | +53.7% |
| Profit (loss) carried forward | 14 | €827 | €827 | = | 0.0% |
| Amounts payable | 17/49 | €14,022 | €7,943 | -€6,080 | -43.4% |
| Amounts payable after more than one year | 17 | €6,475 | - | -€6,475 | |
| Other amounts payable | 178/9 | €6,475 | - | -€6,475 | |
| Amounts payable within one year | 42/48 | €7,547 | €7,943 | +€395 | +5.2% |
| Financial debts | 43 | €2,500 | - | -€2,500 | |
| Credit institutions | 430/8 | €2,500 | - | -€2,500 | |
| Trade debts | 44 | €3,099 | €4,829 | +€1,730 | +55.8% |
| Suppliers | 440/4 | €3,099 | €4,829 | +€1,730 | +55.8% |
| Taxes, remuneration and social security | 45 | €1,948 | €3,114 | +€1,165 | +59.8% |
| Taxes | 450/3 | €1,948 | €3,114 | +€1,165 | +59.8% |
| Remuneration, social security and pensions | 62 | - | €2,134 | +€2,134 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,709 | €1,888 | -€8,821 | -82.4% |
| Other operating charges | 640/8 | €946 | €925 | -€21 | -2.2% |
| Gross operating margin | 9900 | €14,289 | €81,541 | +€67,251 | +471% |
| Operating profit (loss) | 9901 | €2,634 | €76,594 | +€73,960 | +2,808% |
| Financial income | 75/76B | €12,751 | €3,969 | -€8,782 | -68.9% |
| Recurring financial income | 75 | €1,251 | €3,969 | +€2,718 | +217% |
| Non-recurring financial income | 76B | €11,500 | - | -€11,500 | |
| Financial charges | 65/66B | €10,712 | €24,847 | +€14,136 | +132% |
| Recurring financial charges | 65 | -€787 | €24,847 | +€25,635 | |
| Non-recurring financial charges | 66B | €11,499 | - | -€11,499 | |
| Profit (loss) for the period before taxes | 9903 | €4,673 | €55,715 | +€51,042 | +1,092% |
| Income taxes | 67/77 | €3,102 | €16,149 | +€13,047 | +421% |
| Profit (loss) for the period | 9904 | €1,572 | €39,566 | +€37,994 | +2,418% |
| Profit (loss) for the period to be appropriated | 9905 | €1,572 | €39,566 | +€37,994 | +2,418% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.