G&S Services: 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&S Services
Largest movements
- Stocks and contracts +€12,031
up €12,031 (+165.4%), from €7,276 to €19,308
- Cash -€10,596
down €10,596 (-44.3%), from €23,945 to €13,349
mainly Stocks and contracts (-€12,031) and Net result for the year (-€2,667)
- Tangible fixed assets -€2,876
down €2,876 (-29.7%), from €9,697 to €6,821
of which Furniture and vehicles: -€2,326
- Receivables within one year -€467
down €467 (-14.0%), from €3,326 to €2,860
of which Other amounts receivable: -€610
- Profit (loss) carried forward -€2,667
down €2,667 (-40.0%), from €6,674 to €4,007
- Tax, wage and social debts +€805
up €805 (+146.6%), from €549 to €1,355
- Gross operating margin +€2,935
up €2,935 (+152.1%), from €1,930 to €4,864
- Financial charges +€1,960
up €1,960 (+112.8%), from €1,738 to €3,698
- Depreciation +€519
up €519 (+22.0%), from €2,357 to €2,876
- Taxes +€139
up €139 (+446.7%), from €31 to €170
- Other operating charges +€129
up €129 (+19.6%), from €658 to €787
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.
Cash bridge derived
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 | €45,243 | €43,342 | -€1,901 | -4.2% |
| Fixed assets | 21/28 | €9,697 | €6,821 | -€2,876 | -29.7% |
| Tangible fixed assets | 22/27 | €9,697 | €6,821 | -€2,876 | -29.7% |
| Plant, machinery and equipment | 23 | €2,334 | €1,784 | -€550 | -23.6% |
| Furniture and vehicles | 24 | €7,362 | €5,036 | -€2,326 | -31.6% |
| Current assets | 29/58 | €35,547 | €36,522 | +€975 | +2.7% |
| Stocks and contracts in progress | 3 | €7,276 | €19,308 | +€12,031 | +165.4% |
| Stocks | 30/36 | €7,276 | €19,308 | +€12,031 | +165.4% |
| Amounts receivable within one year | 40/41 | €3,326 | €2,860 | -€467 | -14.0% |
| Trade receivables | 40 | €2,716 | €2,860 | +€144 | +5.3% |
| Other amounts receivable | 41 | €610 | €0 | -€610 | -100.0% |
| Cash at bank and in hand | 54/58 | €23,945 | €13,349 | -€10,596 | -44.3% |
| Deferred charges and accrued income | 490/1 | €999 | €1,005 | +€6 | +0.6% |
| Total equity and liabilities | 10/49 | €45,243 | €43,342 | -€1,901 | -4.2% |
| Equity | 10/15 | €9,174 | €6,507 | -€2,667 | -29.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,674 | €4,007 | -€2,667 | -40.0% |
| Amounts payable | 17/49 | €36,070 | €36,836 | +€766 | +2.1% |
| Amounts payable within one year | 42/48 | €36,070 | €36,836 | +€766 | +2.1% |
| Trade debts | 44 | €662 | €654 | -€8 | -1.2% |
| Suppliers | 440/4 | €662 | €654 | -€8 | -1.2% |
| Taxes, remuneration and social security | 45 | €549 | €1,355 | +€805 | +146.6% |
| Taxes | 450/3 | €549 | €1,355 | +€805 | +146.6% |
| Other amounts payable | 47/48 | €34,858 | €34,827 | -€31 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,357 | €2,876 | +€519 | +22.0% |
| Other operating charges | 640/8 | €658 | €787 | +€129 | +19.6% |
| Gross operating margin | 9900 | €1,930 | €4,864 | +€2,935 | +152.1% |
| Operating profit (loss) | 9901 | -€1,086 | €1,201 | +€2,287 | |
| Financial income | 75/76B | €32 | €0 | -€32 | -99.9% |
| Recurring financial income | 75 | €32 | €0 | -€32 | -99.9% |
| Financial charges | 65/66B | €1,738 | €3,698 | +€1,960 | +112.8% |
| Recurring financial charges | 65 | €1,738 | €3,698 | +€1,960 | +112.8% |
| Profit (loss) for the period before taxes | 9903 | -€2,792 | -€2,497 | +€294 | +10.5% |
| Income taxes | 67/77 | €31 | €170 | +€139 | +446.7% |
| Profit (loss) for the period | 9904 | -€2,823 | -€2,667 | +€156 | +5.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,823 | -€2,667 | +€156 | +5.5% |
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 12 October 2026 via checked.be.