G&J Management: 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&J Management
Largest movements
- Cash +€97,233
up €97,233 (+46.8%), from €207,884 to €305,117
mainly Net result for the year (+€62,444) and Other debts (+€31,058)
- Receivables within one year -€28,062
down €28,062 (-54.2%), from €51,778 to €23,716
of which Trade receivables: -€21,296
- Reserves +€33,708
up €33,708 (+15.7%), from €214,665 to €248,373
- Other debts +€31,058
up €31,058 (+125%), from €24,812 to €55,870
- Tax, wage and social debts +€4,305
up €4,305 (+27.6%), from €15,613 to €19,918
- Gross operating margin +€23,886
up €23,886 (+37.7%), from €63,437 to €87,322
- Taxes +€5,240
up €5,240 (+27.6%), from €18,973 to €24,213
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 | €271,133 | €339,585 | +€68,452 | +25.2% |
| Fixed assets | 21/28 | €6,278 | €8,191 | +€1,913 | +30.5% |
| Tangible fixed assets | 22/27 | €4,478 | €6,391 | +€1,913 | +42.7% |
| Furniture and vehicles | 24 | €351 | €2,877 | +€2,526 | +719% |
| Other tangible fixed assets | 26 | €4,126 | €3,514 | -€613 | -14.8% |
| Financial fixed assets | 28 | €1,800 | €1,800 | = | 0.0% |
| Current assets | 29/58 | €264,856 | €331,394 | +€66,538 | +25.1% |
| Amounts receivable within one year | 40/41 | €51,778 | €23,716 | -€28,062 | -54.2% |
| Trade receivables | 40 | €45,012 | €23,716 | -€21,296 | -47.3% |
| Other amounts receivable | 41 | €6,766 | - | -€6,766 | |
| Cash at bank and in hand | 54/58 | €207,884 | €305,117 | +€97,233 | +46.8% |
| Deferred charges and accrued income | 490/1 | €5,193 | €2,561 | -€2,632 | -50.7% |
| Total equity and liabilities | 10/49 | €271,133 | €339,585 | +€68,452 | +25.2% |
| Equity | 10/15 | €226,665 | €260,373 | +€33,708 | +14.9% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Reserves | 13 | €214,665 | €248,373 | +€33,708 | +15.7% |
| Distributable reserves | 133 | €214,665 | €248,373 | +€33,708 | +15.7% |
| Amounts payable | 17/49 | €44,468 | €79,212 | +€34,744 | +78.1% |
| Amounts payable within one year | 42/48 | €44,052 | €78,967 | +€34,915 | +79.3% |
| Trade debts | 44 | €3,627 | €3,180 | -€447 | -12.3% |
| Suppliers | 440/4 | €3,627 | €3,180 | -€447 | -12.3% |
| Taxes, remuneration and social security | 45 | €15,613 | €19,918 | +€4,305 | +27.6% |
| Taxes | 450/3 | €15,613 | €19,918 | +€4,305 | +27.6% |
| Other amounts payable | 47/48 | €24,812 | €55,870 | +€31,058 | +125% |
| Accrued charges and deferred income | 492/3 | €416 | €245 | -€171 | -41.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €903 | €1,346 | +€443 | +49.0% |
| Other operating charges | 640/8 | €1,384 | €861 | -€523 | -37.8% |
| Gross operating margin | 9900 | €63,437 | €87,322 | +€23,886 | +37.7% |
| Operating profit (loss) | 9901 | €61,149 | €85,115 | +€23,966 | +39.2% |
| Financial income | 75/76B | €2,463 | €3,008 | +€545 | +22.1% |
| Recurring financial income | 75 | €2,463 | €3,008 | +€545 | +22.1% |
| Financial charges | 65/66B | €617 | €1,467 | +€850 | +138% |
| Recurring financial charges | 65 | €617 | €1,467 | +€850 | +138% |
| Profit (loss) for the period before taxes | 9903 | €62,995 | €86,657 | +€23,661 | +37.6% |
| Income taxes | 67/77 | €18,973 | €24,213 | +€5,240 | +27.6% |
| Profit (loss) for the period | 9904 | €44,022 | €62,444 | +€18,422 | +41.8% |
| Profit (loss) for the period to be appropriated | 9905 | €44,022 | €62,444 | +€18,422 | +41.8% |
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 27 October 2026 via checked.be.