G.SERVICES: what changed
Two fiscal 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.SERVICES
Largest movements
- Receivables within one year +€121,781
up €121,781 (+792.7%), from €15,362 to €137,143
of which Trade receivables: +€97,344
- Intangible fixed assets +€72,247
new in 2025: €72,247
- Cash +€22,867
up €22,867 (+174.4%), from €13,110 to €35,977
mainly Tax, wage and social debts (+€128,615) and Trade debts (+€73,184)
- Tangible fixed assets +€21,990
new in 2025: €21,990
- Deferred charges and accrued income -€3,053
down €3,053 (-64.9%), from €4,705 to €1,652
- Tax, wage and social debts +€128,615
up €128,615 (+344.2%), from €37,372 to €165,987
of which Remuneration and social security: +€102,694
- Trade debts +€73,184
up €73,184 (+1547.2%), from €4,730 to €77,915
- Other debts +€38,815
up €38,815, from €0 to €38,815
- Gross operating margin +€918,712
up €918,712 (+287.8%), from €319,203 to €1.2m
- Staff costs +€914,302
up €914,302 (+288.5%), from €316,964 to €1.2m
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 | €33,177 | €272,025 | +€238,849 | +719.9% |
| Fixed assets | 21/28 | - | €97,254 | +€97,254 | |
| Intangible fixed assets | 21 | - | €72,247 | +€72,247 | |
| Tangible fixed assets | 22/27 | - | €21,990 | +€21,990 | |
| Furniture and vehicles | 24 | - | €21,990 | +€21,990 | |
| Financial fixed assets | 28 | - | €3,017 | +€3,017 | |
| Current assets | 29/58 | €33,177 | €174,772 | +€141,595 | +426.8% |
| Amounts receivable within one year | 40/41 | €15,362 | €137,143 | +€121,781 | +792.7% |
| Trade receivables | 40 | €11,899 | €109,243 | +€97,344 | +818.1% |
| Other amounts receivable | 41 | €3,463 | €27,900 | +€24,437 | +705.6% |
| Cash at bank and in hand | 54/58 | €13,110 | €35,977 | +€22,867 | +174.4% |
| Deferred charges and accrued income | 490/1 | €4,705 | €1,652 | -€3,053 | -64.9% |
| Total equity and liabilities | 10/49 | €33,177 | €272,025 | +€238,849 | +719.9% |
| Equity | 10/15 | -€8,925 | -€11,091 | -€2,165 | -24.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €3,300 | €3,300 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,300 | €3,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,425 | -€20,591 | -€2,165 | -11.8% |
| Amounts payable | 17/49 | €42,102 | €283,116 | +€241,014 | +572.5% |
| Amounts payable within one year | 42/48 | €42,102 | €282,716 | +€240,614 | +571.5% |
| Trade debts | 44 | €4,730 | €77,915 | +€73,184 | +1547.2% |
| Suppliers | 440/4 | €4,730 | €77,915 | +€73,184 | +1547.2% |
| Taxes, remuneration and social security | 45 | €37,372 | €165,987 | +€128,615 | +344.2% |
| Taxes | 450/3 | €53 | €25,974 | +€25,921 | +48870.7% |
| Remuneration and social security | 454/9 | €37,319 | €140,013 | +€102,694 | +275.2% |
| Other amounts payable | 47/48 | €0 | €38,815 | +€38,815 | |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €316,964 | €1,231,266 | +€914,302 | +288.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €4,963 | +€4,963 | |
| Other operating charges | 640/8 | €6,047 | €2,578 | -€3,468 | -57.4% |
| Gross operating margin | 9900 | €319,203 | €1,237,914 | +€918,712 | +287.8% |
| Operating profit (loss) | 9901 | -€3,808 | -€893 | +€2,915 | +76.5% |
| Financial income | 75/76B | €63 | €0 | -€63 | -99.9% |
| Recurring financial income | 75 | €63 | €0 | -€63 | -99.9% |
| Financial charges | 65/66B | €557 | €1,202 | +€645 | +115.8% |
| Recurring financial charges | 65 | €557 | €1,202 | +€645 | +115.8% |
| Profit (loss) for the period before taxes | 9903 | -€4,302 | -€2,095 | +€2,207 | +51.3% |
| Income taxes | 67/77 | €188 | €70 | -€118 | -62.6% |
| Profit (loss) for the period | 9904 | -€4,490 | -€2,165 | +€2,325 | +51.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,490 | -€2,165 | +€2,325 | +51.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.