GEORGIE & GREG: 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.
GEORGIE & GREG
Largest movements
- Receivables within one year +€78,657
up €78,657 (+4,120%), from €1,909 to €80,566
- Tangible fixed assets -€18,123
down €18,123 (-42.4%), from €42,693 to €24,570
of which Furniture and vehicles: -€18,801
- Cash -€11,034
down €11,034 (-32.9%), from €33,528 to €22,494
mainly Receivables within one year (-€78,657) and Trade debts (-€26,940)
- Deferred charges and accrued income +€9,794
up €9,794 (+948%), from €1,033 to €10,826
- Stocks and contracts +€4,729
up €4,729 (+35.5%), from €13,316 to €18,045
- Tax, wage and social debts +€83,211
up €83,211 (+133%), from €62,393 to €145,604
of which Remuneration and social security: +€43,898
- Trade debts -€26,940
down €26,940 (-43.2%), from €62,367 to €35,427
- Profit (loss) carried forward +€11,415
up €11,415 (+7.8%), from -€146,506 to -€135,092
- Debts after one year -€5,812
down €5,812 (-10.7%), from €54,300 to €48,488
- Other debts +€4,548
up €4,548 (+23.4%), from €19,431 to €23,979
- Gross operating margin +€35,893
up €35,893 (+11.0%), from €325,246 to €361,138
- Other operating charges +€19,412
up €19,412 (+271%), from €7,151 to €26,563
- Staff costs +€14,996
up €14,996 (+5.5%), from €272,218 to €287,214
- Taxes +€7,347
up €7,347 (+111%), from €6,625 to €13,972
- Financial charges +€4,263
up €4,263 (+205%), from €2,076 to €6,339
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 | €94,384 | €158,406 | +€64,022 | +67.8% |
| Fixed assets | 21/28 | €43,599 | €25,476 | -€18,123 | -41.6% |
| Tangible fixed assets | 22/27 | €42,693 | €24,570 | -€18,123 | -42.4% |
| Plant, machinery and equipment | 23 | €1,042 | €1,720 | +€678 | +65.0% |
| Furniture and vehicles | 24 | €41,651 | €22,851 | -€18,801 | -45.1% |
| Financial fixed assets | 28 | €906 | €906 | = | 0.0% |
| Current assets | 29/58 | €50,785 | €132,930 | +€82,145 | +162% |
| Stocks and contracts in progress | 3 | €13,316 | €18,045 | +€4,729 | +35.5% |
| Stocks | 30/36 | €13,316 | €18,045 | +€4,729 | +35.5% |
| Amounts receivable within one year | 40/41 | €1,909 | €80,566 | +€78,657 | +4,120% |
| Trade receivables | 40 | €1,909 | €80,566 | +€78,657 | +4,120% |
| Current investments | 50/53 | €999 | €999 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €33,528 | €22,494 | -€11,034 | -32.9% |
| Deferred charges and accrued income | 490/1 | €1,033 | €10,826 | +€9,794 | +948% |
| Total equity and liabilities | 10/49 | €94,384 | €158,406 | +€64,022 | +67.8% |
| Equity | 10/15 | -€106,506 | -€95,092 | +€11,415 | +10.7% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€146,506 | -€135,092 | +€11,415 | +7.8% |
| Amounts payable | 17/49 | €200,891 | €253,498 | +€52,607 | +26.2% |
| Amounts payable after more than one year | 17 | €54,300 | €48,488 | -€5,812 | -10.7% |
| Other amounts payable | 178/9 | €54,300 | €48,488 | -€5,812 | -10.7% |
| Amounts payable within one year | 42/48 | €146,591 | €205,010 | +€58,419 | +39.9% |
| Financial debts | 43 | €2,400 | - | -€2,400 | |
| Credit institutions | 430/8 | €2,400 | - | -€2,400 | |
| Trade debts | 44 | €62,367 | €35,427 | -€26,940 | -43.2% |
| Suppliers | 440/4 | €62,367 | €35,427 | -€26,940 | -43.2% |
| Taxes, remuneration and social security | 45 | €62,393 | €145,604 | +€83,211 | +133% |
| Taxes | 450/3 | €14,551 | €53,864 | +€39,313 | +270% |
| Remuneration and social security | 454/9 | €47,842 | €91,740 | +€43,898 | +91.8% |
| Other amounts payable | 47/48 | €19,431 | €23,979 | +€4,548 | +23.4% |
| Remuneration, social security and pensions | 62 | €272,218 | €287,214 | +€14,996 | +5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,975 | €19,273 | +€298 | +1.6% |
| Other operating charges | 640/8 | €7,151 | €26,563 | +€19,412 | +271% |
| Gross operating margin | 9900 | €325,246 | €361,138 | +€35,893 | +11.0% |
| Operating profit (loss) | 9901 | €26,901 | €28,088 | +€1,187 | +4.4% |
| Financial income | 75/76B | €34 | €3,638 | +€3,605 | +10,687% |
| Recurring financial income | 75 | €34 | €3,638 | +€3,605 | +10,687% |
| Financial charges | 65/66B | €2,076 | €6,339 | +€4,263 | +205% |
| Recurring financial charges | 65 | €2,076 | €6,339 | +€4,263 | +205% |
| Profit (loss) for the period before taxes | 9903 | €24,858 | €25,387 | +€529 | +2.1% |
| Income taxes | 67/77 | €6,625 | €13,972 | +€7,347 | +111% |
| Profit (loss) for the period | 9904 | €18,233 | €11,415 | -€6,819 | -37.4% |
| Profit (loss) for the period to be appropriated | 9905 | €18,233 | €11,415 | -€6,819 | -37.4% |
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 15 October 2026 via checked.be.