G4 GROUP: 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.
G4 GROUP
Largest movements
- Cash -€38,315
down €38,315 (-68.4%), from €56,051 to €17,736
mainly Net result for the year (-€50,526) and Tax, wage and social debts (-€7,156)
- Receivables within one year -€18,252
down €18,252 (-45.3%), from €40,303 to €22,051
of which Other amounts receivable: -€16,864
- Tangible fixed assets -€2,140
down €2,140 (-11.2%), from €19,160 to €17,019
of which Furniture and vehicles: -€1,520
- Deferred charges and accrued income +€1,525
up €1,525 (+760%), from €201 to €1,726
- Reserves -€50,526
down €50,526 (-50.9%), from €99,196 to €48,670
- Tax, wage and social debts -€7,156
down €7,156 (-48.9%), from €14,626 to €7,470
- Accrued charges and deferred income +€1,462
up €1,462 (+377%), from €387 to €1,849
- Gross operating margin -€192,897
down €192,897, from €143,824 to -€49,073
- Taxes -€39,607
no longer reported in 2025 (was €39,607)
- Financial income +€1,643
up €1,643 (+1,990%), from €83 to €1,726
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 | €135,715 | €78,533 | -€57,182 | -42.1% |
| Fixed assets | 21/28 | €39,160 | €37,019 | -€2,140 | -5.5% |
| Tangible fixed assets | 22/27 | €19,160 | €17,019 | -€2,140 | -11.2% |
| Furniture and vehicles | 24 | €5,122 | €3,602 | -€1,520 | -29.7% |
| Other tangible fixed assets | 26 | €14,038 | €13,418 | -€620 | -4.4% |
| Financial fixed assets | 28 | €20,000 | €20,000 | = | 0.0% |
| Current assets | 29/58 | €96,555 | €41,514 | -€55,042 | -57.0% |
| Amounts receivable within one year | 40/41 | €40,303 | €22,051 | -€18,252 | -45.3% |
| Trade receivables | 40 | €5,960 | €4,572 | -€1,388 | -23.3% |
| Other amounts receivable | 41 | €34,343 | €17,479 | -€16,864 | -49.1% |
| Cash at bank and in hand | 54/58 | €56,051 | €17,736 | -€38,315 | -68.4% |
| Deferred charges and accrued income | 490/1 | €201 | €1,726 | +€1,525 | +760% |
| Total equity and liabilities | 10/49 | €135,715 | €78,533 | -€57,182 | -42.1% |
| Equity | 10/15 | €118,196 | €67,670 | -€50,526 | -42.7% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €99,196 | €48,670 | -€50,526 | -50.9% |
| Distributable reserves | 133 | €99,196 | €48,670 | -€50,526 | -50.9% |
| Amounts payable | 17/49 | €17,519 | €10,863 | -€6,656 | -38.0% |
| Amounts payable within one year | 42/48 | €17,132 | €9,014 | -€8,118 | -47.4% |
| Trade debts | 44 | €2,506 | €1,544 | -€962 | -38.4% |
| Suppliers | 440/4 | €2,506 | €1,544 | -€962 | -38.4% |
| Taxes, remuneration and social security | 45 | €14,626 | €7,470 | -€7,156 | -48.9% |
| Taxes | 450/3 | €14,626 | €7,470 | -€7,156 | -48.9% |
| Accrued charges and deferred income | 492/3 | €387 | €1,849 | +€1,462 | +377% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,377 | €2,140 | +€764 | +55.5% |
| Other operating charges | 640/8 | €591 | €874 | +€283 | +47.9% |
| Gross operating margin | 9900 | €143,824 | -€49,073 | -€192,897 | |
| Operating profit (loss) | 9901 | €141,857 | -€52,087 | -€193,943 | |
| Financial income | 75/76B | €83 | €1,726 | +€1,643 | +1,990% |
| Recurring financial income | 75 | €83 | €1,726 | +€1,643 | +1,990% |
| Financial charges | 65/66B | €95 | €165 | +€71 | +74.4% |
| Recurring financial charges | 65 | €95 | €165 | +€71 | +74.4% |
| Profit (loss) for the period before taxes | 9903 | €141,844 | -€50,526 | -€192,371 | |
| Income taxes | 67/77 | €39,607 | - | -€39,607 | |
| Profit (loss) for the period | 9904 | €102,237 | -€50,526 | -€152,763 | |
| Profit (loss) for the period to be appropriated | 9905 | €102,237 | -€50,526 | -€152,763 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.