G&O Vastgoed: what changed
G&O Vastgoed
Largest movements
- Stocks and contracts -€124,462
down €124,462 (-19.9%), from €625,384 to €500,922
- Receivables within one year +€26,569
up €26,569 (+5,066%), from €525 to €27,094
of which Trade receivables: +€26,569
- Cash +€19,164
up €19,164 (+39.5%), from €48,459 to €67,623
mainly Stocks and contracts (+€124,462) and Other debts (+€62,898)
- Debts after one year -€200,000
down €200,000 (-50.0%), from €400,000 to €200,000
- Other debts +€62,898
up €62,898 (+31.8%), from €197,771 to €260,669
- Profit (loss) carried forward +€28,488
up €28,488, from -€12,445 to €16,043
- Tax, wage and social debts +€19,958
up €19,958 (+255%), from €7,812 to €27,770
- Trade debts +€10,721
up €10,721 (+13.7%), from €78,463 to €89,183
- Turnover -€392,441
no longer reported in 2025 (was €392,441)
- Purchases and services -€300,146
no longer reported in 2025 (was €300,146)
- Gross operating margin -€36,314
down €36,314 (-39.2%), from €92,743 to €56,429
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €674,393 | €595,664 | -€78,729 | -11.7% |
| Current assets | 29/58 | €674,393 | €595,664 | -€78,729 | -11.7% |
| Stocks and contracts in progress | 3 | €625,384 | €500,922 | -€124,462 | -19.9% |
| Stocks | 30/36 | €625,384 | €500,922 | -€124,462 | -19.9% |
| Amounts receivable within one year | 40/41 | €525 | €27,094 | +€26,569 | +5,066% |
| Trade receivables | 40 | €525 | €27,094 | +€26,569 | +5,066% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €48,459 | €67,623 | +€19,164 | +39.5% |
| Deferred charges and accrued income | 490/1 | €26 | €26 | = | 0.0% |
| Total equity and liabilities | 10/49 | €674,393 | €595,664 | -€78,729 | -11.7% |
| Equity | 10/15 | -€10,445 | €18,043 | +€28,488 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,445 | €16,043 | +€28,488 | |
| Amounts payable | 17/49 | €684,838 | €577,622 | -€107,217 | -15.7% |
| Amounts payable after more than one year | 17 | €400,000 | €200,000 | -€200,000 | -50.0% |
| Financial debts | 170/4 | €400,000 | €200,000 | -€200,000 | -50.0% |
| Amounts payable within one year | 42/48 | €284,046 | €377,622 | +€93,576 | +32.9% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €78,463 | €89,183 | +€10,721 | +13.7% |
| Suppliers | 440/4 | €78,463 | €89,183 | +€10,721 | +13.7% |
| Taxes, remuneration and social security | 45 | €7,812 | €27,770 | +€19,958 | +255% |
| Taxes | 450/3 | €7,812 | €27,770 | +€19,958 | +255% |
| Other amounts payable | 47/48 | €197,771 | €260,669 | +€62,898 | +31.8% |
| Accrued charges and deferred income | 492/3 | €792 | €0 | -€792 | -100% |
| Turnover | 70 | €392,441 | - | -€392,441 | |
| Goods, raw materials, services and sundry goods | 60/61 | €300,146 | - | -€300,146 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,592 | -€1,592 | -€3,184 | |
| Other operating charges | 640/8 | €1,025 | €1,517 | +€492 | +48.0% |
| Gross operating margin | 9900 | €92,743 | €56,429 | -€36,314 | -39.2% |
| Operating profit (loss) | 9901 | €90,125 | €56,504 | -€33,622 | -37.3% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €24,544 | €24,108 | -€436 | -1.8% |
| Recurring financial charges | 65 | €24,544 | €24,108 | -€436 | -1.8% |
| Profit (loss) for the period before taxes | 9903 | €65,582 | €32,396 | -€33,186 | -50.6% |
| Income taxes | 67/77 | - | €3,908 | +€3,908 | |
| Profit (loss) for the period | 9904 | €65,582 | €28,488 | -€37,094 | -56.6% |
| Profit (loss) for the period to be appropriated | 9905 | €65,582 | €28,488 | -€37,094 | -56.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.