GC INVEST: 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.
GC INVEST
Largest movements
- Tangible fixed assets +€10,367
new in 2025: €10,367
of which Plant, machinery and equipment: +€9,399
- Receivables within one year -€9,697
down €9,697 (-57.2%), from €16,957 to €7,260
of which Trade receivables: -€9,469
- Cash +€454
up €454 (+1,312%), from €35 to €489
mainly Receivables within one year (+€9,697) and Other debts (+€2,100)
- Other debts +€2,100
up €2,100 (+21.5%), from €9,787 to €11,887
- Trade debts -€2,033
down €2,033 (-72.9%), from €2,789 to €756
- Profit (loss) carried forward +€1,040
up €1,040 (+2.5%), from -€41,819 to -€40,779
- Depreciation +€1,295
new in 2025: €1,295
- Gross operating margin +€368
up €368 (+15.5%), from €2,367 to €2,735
- Financial charges +€260
up €260 (+4,467%), from €6 to €265
- Other operating charges +€238
up €238 (+384%), from €62 to €300
- Financial income +€165
new in 2025: €165
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 | €16,991 | €18,115 | +€1,124 | +6.6% |
| Fixed assets | 21/28 | - | €10,367 | +€10,367 | |
| Tangible fixed assets | 22/27 | - | €10,367 | +€10,367 | |
| Plant, machinery and equipment | 23 | - | €9,399 | +€9,399 | |
| Furniture and vehicles | 24 | - | €968 | +€968 | |
| Current assets | 29/58 | €16,991 | €7,749 | -€9,243 | -54.4% |
| Amounts receivable within one year | 40/41 | €16,957 | €7,260 | -€9,697 | -57.2% |
| Trade receivables | 40 | €16,729 | €7,260 | -€9,469 | -56.6% |
| Other amounts receivable | 41 | €228 | - | -€228 | |
| Cash at bank and in hand | 54/58 | €35 | €489 | +€454 | +1,312% |
| Total equity and liabilities | 10/49 | €16,991 | €18,115 | +€1,124 | +6.6% |
| Equity | 10/15 | €3,181 | €4,221 | +€1,040 | +32.7% |
| Contributions | 10/11 | €45,000 | €45,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€41,819 | -€40,779 | +€1,040 | +2.5% |
| Amounts payable | 17/49 | €13,810 | €13,895 | +€84 | +0.6% |
| Amounts payable within one year | 42/48 | €13,810 | €13,895 | +€84 | +0.6% |
| Trade debts | 44 | €2,789 | €756 | -€2,033 | -72.9% |
| Suppliers | 440/4 | €2,789 | €756 | -€2,033 | -72.9% |
| Taxes, remuneration and social security | 45 | €1,235 | €1,252 | +€17 | +1.4% |
| Taxes | 450/3 | €1,235 | €1,252 | +€17 | +1.4% |
| Other amounts payable | 47/48 | €9,787 | €11,887 | +€2,100 | +21.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,295 | +€1,295 | |
| Other operating charges | 640/8 | €62 | €300 | +€238 | +384% |
| Gross operating margin | 9900 | €2,367 | €2,735 | +€368 | +15.5% |
| Operating profit (loss) | 9901 | €2,305 | €1,140 | -€1,165 | -50.5% |
| Financial income | 75/76B | - | €165 | +€165 | |
| Recurring financial income | 75 | - | €165 | +€165 | |
| Financial charges | 65/66B | €6 | €265 | +€260 | +4,467% |
| Recurring financial charges | 65 | €6 | €265 | +€260 | +4,467% |
| Profit (loss) for the period before taxes | 9903 | €2,299 | €1,040 | -€1,259 | -54.8% |
| Profit (loss) for the period | 9904 | €2,299 | €1,040 | -€1,259 | -54.8% |
| Profit (loss) for the period to be appropriated | 9905 | €2,299 | €1,040 | -€1,259 | -54.8% |
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 24 October 2026 via checked.be.