Gestion GG: 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.
Gestion GG
Largest movements
- Tangible fixed assets -€456,079
down €456,079 (-13.7%), from €3.3m to €2.9m
of which Land and buildings: -€407,510
- Cash +€41,268
new in 2025: €41,268
mainly Current portion of long-term debt (+€564,965) and Investment in fixed assets (net) (+€311,926)
- Debts after one year -€951,211
down €951,211 (-31.8%), from €3.0m to €2.0m
- Current portion of long-term debt +€564,965
up €564,965 (+415%), from €136,246 to €701,211
- Other debts -€81,997
down €81,997 (-51.3%), from €159,970 to €77,973
- Profit (loss) carried forward +€79,028
up €79,028 (+49.8%), from -€158,720 to -€79,692
- Short-term financial debts -€44,999
no longer reported in 2025 (was €44,999)
- Gross operating margin +€137,064
up €137,064 (+67.2%), from €203,856 to €340,920
- Depreciation -€18,344
down €18,344 (-11.3%), from €162,497 to €144,153
- Taxes +€17,343
up €17,343 (+1,535%), from €1,130 to €18,473
- Other operating charges -€14,927
down €14,927 (-57.0%), from €26,186 to €11,259
- Financial charges +€11,436
up €11,436 (+14.9%), from €76,583 to €88,018
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 | €3,392,942 | €3,001,910 | -€391,032 | -11.5% |
| Fixed assets | 21/28 | €3,331,905 | €2,875,826 | -€456,079 | -13.7% |
| Tangible fixed assets | 22/27 | €3,331,905 | €2,875,826 | -€456,079 | -13.7% |
| Land and buildings | 22 | €3,197,576 | €2,790,066 | -€407,510 | -12.7% |
| Furniture and vehicles | 24 | €134,329 | €85,760 | -€48,569 | -36.2% |
| Current assets | 29/58 | €61,037 | €126,084 | +€65,047 | +107% |
| Amounts receivable within one year | 40/41 | €53,837 | €73,693 | +€19,856 | +36.9% |
| Trade receivables | 40 | €52,685 | €73,650 | +€20,965 | +39.8% |
| Other amounts receivable | 41 | €1,152 | €42 | -€1,109 | -96.3% |
| Cash at bank and in hand | 54/58 | - | €41,268 | +€41,268 | |
| Deferred charges and accrued income | 490/1 | €7,200 | €11,124 | +€3,923 | +54.5% |
| Total equity and liabilities | 10/49 | €3,392,942 | €3,001,910 | -€391,032 | -11.5% |
| Equity | 10/15 | €23,425 | €102,453 | +€79,028 | +337% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Share premium | 1100/10 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €163,545 | €163,545 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €161,685 | €161,685 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€158,720 | -€79,692 | +€79,028 | +49.8% |
| Amounts payable | 17/49 | €3,369,516 | €2,899,457 | -€470,059 | -14.0% |
| Amounts payable after more than one year | 17 | €2,989,828 | €2,038,617 | -€951,211 | -31.8% |
| Financial debts | 170/4 | €2,989,828 | €2,038,617 | -€951,211 | -31.8% |
| Amounts payable within one year | 42/48 | €373,684 | €858,495 | +€484,812 | +130% |
| Current portion of amounts payable after more than one year | 42 | €136,246 | €701,211 | +€564,965 | +415% |
| Financial debts | 43 | €44,999 | - | -€44,999 | |
| Credit institutions | 430/8 | €44,999 | - | -€44,999 | |
| Trade debts | 44 | €7,418 | €18,341 | +€10,923 | +147% |
| Suppliers | 440/4 | €7,418 | €18,341 | +€10,923 | +147% |
| Taxes, remuneration and social security | 45 | €25,051 | €60,971 | +€35,920 | +143% |
| Taxes | 450/3 | €25,051 | €60,971 | +€35,920 | +143% |
| Other amounts payable | 47/48 | €159,970 | €77,973 | -€81,997 | -51.3% |
| Accrued charges and deferred income | 492/3 | €6,005 | €2,345 | -€3,660 | -61.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €162,497 | €144,153 | -€18,344 | -11.3% |
| Other operating charges | 640/8 | €26,186 | €11,259 | -€14,927 | -57.0% |
| Gross operating margin | 9900 | €203,856 | €340,920 | +€137,064 | +67.2% |
| Operating profit (loss) | 9901 | €15,173 | €185,509 | +€170,335 | +1,123% |
| Financial income | 75/76B | €786 | €11 | -€775 | -98.6% |
| Recurring financial income | 75 | €786 | €11 | -€775 | -98.6% |
| Financial charges | 65/66B | €76,583 | €88,018 | +€11,436 | +14.9% |
| Recurring financial charges | 65 | €76,583 | €88,018 | +€11,436 | +14.9% |
| Profit (loss) for the period before taxes | 9903 | -€60,624 | €97,501 | +€158,125 | |
| Income taxes | 67/77 | €1,130 | €18,473 | +€17,343 | +1,535% |
| Profit (loss) for the period | 9904 | -€61,754 | €79,028 | +€140,782 | |
| Profit (loss) for the period to be appropriated | 9905 | -€61,754 | €79,028 | +€140,782 |
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 15 October 2026 via checked.be.