G2 ADVICE: 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.
G2 ADVICE
Largest movements
- Current investments +€50,000
up €50,000 (+25.0%), from €200,000 to €250,000
- Cash -€42,226
down €42,226 (-36.9%), from €114,540 to €72,314
mainly Contributions, distributions and other (-€205,000) and Current investments (-€50,000)
- Tangible fixed assets +€24,476
up €24,476 (+154%), from €15,939 to €40,415
of which Furniture and vehicles: +€25,538
- Deferred charges and accrued income -€9,637
down €9,637 (-35.5%), from €27,148 to €17,511
- Receivables within one year -€5,638
down €5,638 (-18.2%), from €30,982 to €25,344
of which Other amounts receivable: -€5,170
- Other debts +€126,340
up €126,340 (+19,653%), from €643 to €126,983
- Reserves -€121,500
down €121,500 (-34.1%), from €356,360 to €234,860
of which Non-distributable reserves: -€121,500
- Tax, wage and social debts +€11,681
up €11,681 (+72.3%), from €16,153 to €27,835
- Gross operating margin +€25,406
up €25,406 (+23.7%), from €107,040 to €132,445
- Taxes +€6,187
up €6,187 (+21.3%), from €28,988 to €35,176
- Depreciation +€5,357
up €5,357 (+134%), from €3,995 to €9,352
- Financial income +€2,457
up €2,457 (+6,904%), from €36 to €2,493
- Other operating charges +€1,336
up €1,336 (+166%), from €803 to €2,139
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 | €388,609 | €405,584 | +€16,976 | +4.4% |
| Fixed assets | 21/28 | €15,939 | €40,415 | +€24,476 | +154% |
| Tangible fixed assets | 22/27 | €15,939 | €40,415 | +€24,476 | +154% |
| Plant, machinery and equipment | 23 | €7,027 | €5,178 | -€1,849 | -26.3% |
| Furniture and vehicles | 24 | €3,038 | €28,577 | +€25,538 | +841% |
| Other tangible fixed assets | 26 | €5,874 | €6,660 | +€786 | +13.4% |
| Current assets | 29/58 | €372,670 | €365,169 | -€7,501 | -2.0% |
| Amounts receivable within one year | 40/41 | €30,982 | €25,344 | -€5,638 | -18.2% |
| Trade receivables | 40 | €24,970 | €24,503 | -€468 | -1.9% |
| Other amounts receivable | 41 | €6,012 | €841 | -€5,170 | -86.0% |
| Current investments | 50/53 | €200,000 | €250,000 | +€50,000 | +25.0% |
| Cash at bank and in hand | 54/58 | €114,540 | €72,314 | -€42,226 | -36.9% |
| Deferred charges and accrued income | 490/1 | €27,148 | €17,511 | -€9,637 | -35.5% |
| Total equity and liabilities | 10/49 | €388,609 | €405,584 | +€16,976 | +4.4% |
| Equity | 10/15 | €368,707 | €248,224 | -€120,483 | -32.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €356,360 | €234,860 | -€121,500 | -34.1% |
| Non-distributable reserves | 130/1 | €350,360 | €228,860 | -€121,500 | -34.7% |
| Reserves not available under the articles | 1311 | €350,360 | €228,860 | -€121,500 | -34.7% |
| Distributable reserves | 133 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,147 | €7,164 | +€1,017 | +16.5% |
| Amounts payable | 17/49 | €19,902 | €157,360 | +€137,458 | +691% |
| Amounts payable within one year | 42/48 | €19,902 | €157,360 | +€137,458 | +691% |
| Financial debts | 43 | €994 | €1,901 | +€907 | +91.2% |
| Credit institutions | 430/8 | €994 | €1,901 | +€907 | +91.2% |
| Trade debts | 44 | €2,111 | €642 | -€1,470 | -69.6% |
| Suppliers | 440/4 | €2,111 | €642 | -€1,470 | -69.6% |
| Taxes, remuneration and social security | 45 | €16,153 | €27,835 | +€11,681 | +72.3% |
| Taxes | 450/3 | €16,153 | €27,835 | +€11,681 | +72.3% |
| Other amounts payable | 47/48 | €643 | €126,983 | +€126,340 | +19,653% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,995 | €9,352 | +€5,357 | +134% |
| Other operating charges | 640/8 | €803 | €2,139 | +€1,336 | +166% |
| Gross operating margin | 9900 | €107,040 | €132,445 | +€25,406 | +23.7% |
| Operating profit (loss) | 9901 | €102,241 | €120,955 | +€18,714 | +18.3% |
| Financial income | 75/76B | €36 | €2,493 | +€2,457 | +6,904% |
| Recurring financial income | 75 | €36 | €2,493 | +€2,457 | +6,904% |
| Financial charges | 65/66B | €2,912 | €3,755 | +€843 | +28.9% |
| Recurring financial charges | 65 | €2,912 | €3,755 | +€843 | +28.9% |
| Profit (loss) for the period before taxes | 9903 | €99,365 | €119,693 | +€20,328 | +20.5% |
| Income taxes | 67/77 | €28,988 | €35,176 | +€6,187 | +21.3% |
| Profit (loss) for the period | 9904 | €70,377 | €84,517 | +€14,141 | +20.1% |
| Profit (loss) for the period to be appropriated | 9905 | €70,377 | €84,517 | +€14,141 | +20.1% |
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 16 October 2026 via checked.be.