G & P: 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 & P
Largest movements
- Cash +€22,213
up €22,213 (+915%), from €2,427 to €24,640
mainly Net result for the year (+€22,426) and Receivables within one year (+€4,975)
- Profit (loss) carried forward +€22,426
up €22,426 (+8.8%), from -€253,865 to -€231,439
- Financial charges -€8,027
down €8,027 (-36.5%), from €21,985 to €13,958
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 | €584,404 | €601,642 | +€17,238 | +2.9% |
| Current assets | 29/58 | €584,404 | €601,642 | +€17,238 | +2.9% |
| Stocks and contracts in progress | 3 | €538,064 | €538,064 | = | 0.0% |
| Stocks | 30/36 | €538,064 | €538,064 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €43,913 | €38,938 | -€4,975 | -11.3% |
| Trade receivables | 40 | €43,913 | €38,938 | -€4,975 | -11.3% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €2,427 | €24,640 | +€22,213 | +915% |
| Total equity and liabilities | 10/49 | €584,404 | €601,642 | +€17,238 | +2.9% |
| Equity | 10/15 | €122,946 | €145,371 | +€22,426 | +18.2% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €276,810 | €276,810 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €266,810 | €266,810 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€253,865 | -€231,439 | +€22,426 | +8.8% |
| Amounts payable | 17/49 | €461,458 | €456,270 | -€5,188 | -1.1% |
| Amounts payable within one year | 42/48 | €461,458 | €456,270 | -€5,188 | -1.1% |
| Financial debts | 43 | €400,000 | €400,000 | = | 0.0% |
| Credit institutions | 430/8 | €400,000 | €400,000 | = | 0.0% |
| Trade debts | 44 | €8,964 | €9,142 | +€178 | +2.0% |
| Suppliers | 440/4 | €8,964 | €9,142 | +€178 | +2.0% |
| Taxes, remuneration and social security | 45 | €7,354 | €1,988 | -€5,366 | -73.0% |
| Taxes | 450/3 | €7,354 | €1,988 | -€5,366 | -73.0% |
| Other amounts payable | 47/48 | €45,140 | €45,140 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Other operating charges | 640/8 | €538 | €554 | +€16 | +2.9% |
| Gross operating margin | 9900 | €36,648 | €36,928 | +€280 | +0.8% |
| Operating profit (loss) | 9901 | €36,110 | €36,374 | +€265 | +0.7% |
| Financial income | 75/76B | - | €10 | +€10 | |
| Recurring financial income | 75 | - | €10 | +€10 | |
| Financial charges | 65/66B | €21,985 | €13,958 | -€8,027 | -36.5% |
| Recurring financial charges | 65 | €21,985 | €13,958 | -€8,027 | -36.5% |
| Profit (loss) for the period before taxes | 9903 | €14,125 | €22,426 | +€8,301 | +58.8% |
| Profit (loss) for the period | 9904 | €14,125 | €22,426 | +€8,301 | +58.8% |
| Profit (loss) for the period to be appropriated | 9905 | €14,125 | €22,426 | +€8,301 | +58.8% |
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 23 October 2026 via checked.be.