G-MIDSIDE: 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-MIDSIDE
Largest movements
- Receivables within one year +€9,829
up €9,829 (+62.0%), from €15,851 to €25,680
of which Trade receivables: +€13,901
- Tangible fixed assets +€1,723
up €1,723 (+75.9%), from €2,269 to €3,992
of which Plant, machinery and equipment: +€970
- Cash -€1,647
down €1,647 (-27.9%), from €5,895 to €4,247
mainly Receivables within one year (-€9,829) and Investment in fixed assets (net) (-€3,694)
- Deferred charges and accrued income +€1,305
up €1,305 (+23.9%), from €5,468 to €6,773
- Financial fixed assets +€900
new in 2025: €900
- Profit (loss) carried forward +€12,860
up €12,860 (+74.5%), from €17,270 to €30,131
- Tax, wage and social debts -€660
down €660 (-12.1%), from €5,453 to €4,793
of which Remuneration and social security: -€1,110
- Staff costs +€18,463
up €18,463 (+238%), from €7,771 to €26,234
- Gross operating margin +€15,752
up €15,752 (+49.6%), from €31,740 to €47,492
- Other operating charges +€1,247
up €1,247 (+258%), from €483 to €1,730
- Depreciation +€953
up €953 (+803%), from €119 to €1,071
- Financial income +€482
new in 2025: €482
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 | €29,481 | €41,591 | +€12,110 | +41.1% |
| Fixed assets | 21/28 | €2,269 | €4,892 | +€2,623 | +116% |
| Tangible fixed assets | 22/27 | €2,269 | €3,992 | +€1,723 | +75.9% |
| Plant, machinery and equipment | 23 | €1,065 | €2,035 | +€970 | +91.1% |
| Furniture and vehicles | 24 | €1,204 | €1,957 | +€753 | +62.5% |
| Financial fixed assets | 28 | - | €900 | +€900 | |
| Current assets | 29/58 | €27,213 | €36,699 | +€9,487 | +34.9% |
| Amounts receivable within one year | 40/41 | €15,851 | €25,680 | +€9,829 | +62.0% |
| Trade receivables | 40 | - | €13,901 | +€13,901 | |
| Other amounts receivable | 41 | €15,851 | €11,779 | -€4,072 | -25.7% |
| Cash at bank and in hand | 54/58 | €5,895 | €4,247 | -€1,647 | -27.9% |
| Deferred charges and accrued income | 490/1 | €5,468 | €6,773 | +€1,305 | +23.9% |
| Total equity and liabilities | 10/49 | €29,481 | €41,591 | +€12,110 | +41.1% |
| Equity | 10/15 | €19,270 | €32,131 | +€12,860 | +66.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,270 | €30,131 | +€12,860 | +74.5% |
| Amounts payable | 17/49 | €10,211 | €9,460 | -€751 | -7.3% |
| Amounts payable within one year | 42/48 | €10,211 | €9,460 | -€751 | -7.3% |
| Trade debts | 44 | €3,958 | €3,834 | -€124 | -3.1% |
| Suppliers | 440/4 | €3,958 | €3,834 | -€124 | -3.1% |
| Taxes, remuneration and social security | 45 | €5,453 | €4,793 | -€660 | -12.1% |
| Taxes | 450/3 | €919 | €1,369 | +€450 | +49.0% |
| Remuneration and social security | 454/9 | €4,534 | €3,425 | -€1,110 | -24.5% |
| Other amounts payable | 47/48 | €800 | €833 | +€33 | +4.1% |
| Remuneration, social security and pensions | 62 | €7,771 | €26,234 | +€18,463 | +238% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €119 | €1,071 | +€953 | +803% |
| Other operating charges | 640/8 | €483 | €1,730 | +€1,247 | +258% |
| Gross operating margin | 9900 | €31,740 | €47,492 | +€15,752 | +49.6% |
| Operating profit (loss) | 9901 | €23,368 | €18,457 | -€4,911 | -21.0% |
| Financial income | 75/76B | - | €482 | +€482 | |
| Recurring financial income | 75 | - | €482 | +€482 | |
| Financial charges | 65/66B | €379 | €765 | +€386 | +102% |
| Recurring financial charges | 65 | €379 | €765 | +€386 | +102% |
| Profit (loss) for the period before taxes | 9903 | €22,989 | €18,175 | -€4,814 | -20.9% |
| Income taxes | 67/77 | €4,919 | €4,481 | -€437 | -8.9% |
| Profit (loss) for the period | 9904 | €18,070 | €13,693 | -€4,377 | -24.2% |
| Profit (loss) for the period to be appropriated | 9905 | €18,070 | €13,693 | -€4,377 | -24.2% |
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 21 October 2026 via checked.be.