G10-CERAMICS: 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.
G10-CERAMICS
Largest movements
- Receivables within one year -€7,308
down €7,308 (-50.8%), from €14,392 to €7,085
- Cash -€4,416
down €4,416 (-86.3%), from €5,117 to €701
mainly Trade debts (-€22,766) and Net result for the year (-€5,554)
- Tangible fixed assets +€1,464
new in 2025: €1,464
- Trade debts -€22,766
down €22,766 (-96.9%), from €23,502 to €735
- Other debts +€11,948
up €11,948 (+54.1%), from €22,079 to €34,027
- Profit (loss) carried forward -€5,554
down €5,554 (-12.5%), from -€44,548 to -€50,102
- Advances received +€3,518
new in 2025: €3,518
- Tax, wage and social debts +€2,595
up €2,595 (+545%), from €477 to €3,071
- Purchases and services -€41,013
down €41,013 (-67.8%), from €60,495 to €19,482
- Gross operating margin +€40,358
up €40,358 (+93.5%), from -€43,177 to -€2,819
- Depreciation +€910
up €910 (+125%), from €726 to €1,636
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 | €19,509 | €9,249 | -€10,260 | -52.6% |
| Fixed assets | 21/28 | - | €1,464 | +€1,464 | |
| Tangible fixed assets | 22/27 | - | €1,464 | +€1,464 | |
| Furniture and vehicles | 24 | - | €1,464 | +€1,464 | |
| Current assets | 29/58 | €19,509 | €7,785 | -€11,724 | -60.1% |
| Amounts receivable within one year | 40/41 | €14,392 | €7,085 | -€7,308 | -50.8% |
| Trade receivables | 40 | €14,392 | €7,085 | -€7,308 | -50.8% |
| Cash at bank and in hand | 54/58 | €5,117 | €701 | -€4,416 | -86.3% |
| Total equity and liabilities | 10/49 | €19,509 | €9,249 | -€10,260 | -52.6% |
| Equity | 10/15 | -€26,548 | -€32,102 | -€5,554 | -20.9% |
| Contributions | 10/11 | €18,000 | €18,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€44,548 | -€50,102 | -€5,554 | -12.5% |
| Amounts payable | 17/49 | €46,057 | €41,351 | -€4,705 | -10.2% |
| Amounts payable within one year | 42/48 | €46,057 | €41,351 | -€4,705 | -10.2% |
| Trade debts | 44 | €23,502 | €735 | -€22,766 | -96.9% |
| Suppliers | 440/4 | €23,502 | €735 | -€22,766 | -96.9% |
| Advances received on contracts in progress | 46 | - | €3,518 | +€3,518 | |
| Taxes, remuneration and social security | 45 | €477 | €3,071 | +€2,595 | +545% |
| Taxes | 450/3 | €477 | €3,071 | +€2,595 | +545% |
| Other amounts payable | 47/48 | €22,079 | €34,027 | +€11,948 | +54.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €60,495 | €19,482 | -€41,013 | -67.8% |
| Remuneration, social security and pensions | 62 | - | €350 | +€350 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €726 | €1,636 | +€910 | +125% |
| Other operating charges | 640/8 | €576 | €650 | +€74 | +12.8% |
| Gross operating margin | 9900 | -€43,177 | -€2,819 | +€40,358 | +93.5% |
| Operating profit (loss) | 9901 | -€44,479 | -€5,455 | +€39,023 | +87.7% |
| Financial charges | 65/66B | €69 | €99 | +€30 | +43.5% |
| Recurring financial charges | 65 | €69 | €99 | +€30 | +43.5% |
| Profit (loss) for the period before taxes | 9903 | -€44,548 | -€5,554 | +€38,993 | +87.5% |
| Profit (loss) for the period | 9904 | -€44,548 | -€5,554 | +€38,993 | +87.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€44,548 | -€5,554 | +€38,993 | +87.5% |
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 1 November 2026 via checked.be.