GC Company: what changed
GC Company
Largest movements
- Receivables within one year -€12,944
down €12,944 (-49.4%), from €26,227 to €13,283
of which Trade receivables: -€15,816
- Cash -€6,526
down €6,526 (-41.0%), from €15,927 to €9,401
mainly Net result for the year (-€32,508) and Debts after one year (-€3,707)
- Stocks and contracts +€1,493
new in 2025: €1,493
- Tangible fixed assets -€860
down €860 (-33.0%), from €2,603 to €1,743
- Deferred charges and accrued income +€697
new in 2025: €697
- Profit (loss) carried forward -€32,508
down €32,508, from €577 to -€31,931
- Trade debts +€13,270
up €13,270 (+185%), from €7,166 to €20,436
- Tax, wage and social debts +€4,533
up €4,533 (+25.1%), from €18,088 to €22,621
of which Taxes: +€8,665
- Debts after one year -€3,707
down €3,707 (-22.8%), from €16,291 to €12,584
- Financial charges +€6,027
up €6,027 (+592%), from €1,018 to €7,045
- Staff costs +€4,158
up €4,158 (+9.9%), from €42,108 to €46,266
- Gross operating margin -€4,074
down €4,074 (-15.6%), from €26,124 to €22,050
- Depreciation +€326
up €326 (+61.0%), from €534 to €860
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €48,057 | €29,917 | -€18,139 | -37.7% |
| Fixed assets | 21/28 | €5,903 | €5,043 | -€860 | -14.6% |
| Tangible fixed assets | 22/27 | €2,603 | €1,743 | -€860 | -33.0% |
| Plant, machinery and equipment | 23 | €2,603 | €1,743 | -€860 | -33.0% |
| Financial fixed assets | 28 | €3,300 | €3,300 | = | 0.0% |
| Current assets | 29/58 | €42,154 | €24,875 | -€17,279 | -41.0% |
| Stocks and contracts in progress | 3 | - | €1,493 | +€1,493 | |
| Stocks | 30/36 | - | €1,493 | +€1,493 | |
| Amounts receivable within one year | 40/41 | €26,227 | €13,283 | -€12,944 | -49.4% |
| Trade receivables | 40 | €25,926 | €10,110 | -€15,816 | -61.0% |
| Other amounts receivable | 41 | €301 | €3,173 | +€2,872 | +955% |
| Cash at bank and in hand | 54/58 | €15,927 | €9,401 | -€6,526 | -41.0% |
| Deferred charges and accrued income | 490/1 | - | €697 | +€697 | |
| Total equity and liabilities | 10/49 | €48,057 | €29,917 | -€18,139 | -37.7% |
| Equity | 10/15 | €3,077 | -€29,431 | -€32,508 | |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €577 | -€31,931 | -€32,508 | |
| Amounts payable | 17/49 | €44,980 | €59,349 | +€14,369 | +31.9% |
| Amounts payable after more than one year | 17 | €16,291 | €12,584 | -€3,707 | -22.8% |
| Financial debts | 170/4 | €16,291 | €12,584 | -€3,707 | -22.8% |
| Amounts payable within one year | 42/48 | €28,689 | €46,765 | +€18,076 | +63.0% |
| Current portion of amounts payable after more than one year | 42 | €3,434 | €3,707 | +€273 | +8.0% |
| Trade debts | 44 | €7,166 | €20,436 | +€13,270 | +185% |
| Suppliers | 440/4 | €7,166 | €20,436 | +€13,270 | +185% |
| Taxes, remuneration and social security | 45 | €18,088 | €22,621 | +€4,533 | +25.1% |
| Taxes | 450/3 | €9,391 | €18,056 | +€8,665 | +92.3% |
| Remuneration and social security | 454/9 | €8,697 | €4,565 | -€4,132 | -47.5% |
| Remuneration, social security and pensions | 62 | €42,108 | €46,266 | +€4,158 | +9.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €534 | €860 | +€326 | +61.0% |
| Other operating charges | 640/8 | €486 | €361 | -€124 | -25.6% |
| Gross operating margin | 9900 | €26,124 | €22,050 | -€4,074 | -15.6% |
| Operating profit (loss) | 9901 | -€17,004 | -€25,438 | -€8,434 | -49.6% |
| Financial income | 75/76B | €62 | €94 | +€32 | +52.5% |
| Recurring financial income | 75 | €62 | €94 | +€32 | +52.5% |
| Financial charges | 65/66B | €1,018 | €7,045 | +€6,027 | +592% |
| Recurring financial charges | 65 | €1,018 | €7,045 | +€6,027 | +592% |
| Profit (loss) for the period before taxes | 9903 | -€17,961 | -€32,389 | -€14,429 | -80.3% |
| Income taxes | 67/77 | €23 | €119 | +€96 | +412% |
| Profit (loss) for the period | 9904 | -€17,984 | -€32,508 | -€14,524 | -80.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,984 | -€32,508 | -€14,524 | -80.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.