GG CSL: 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.
GG CSL
Largest movements
- Cash +€28,956
up €28,956 (+39.9%), from €72,595 to €101,552
mainly Net result for the year (+€48,055) and Other debts (+€5,879)
- Tangible fixed assets +€13,026
up €13,026 (+1,051%), from €1,240 to €14,265
of which Furniture and vehicles: +€14,265
- Profit (loss) carried forward +€38,805
up €38,805 (+71.8%), from €54,038 to €92,843
- Other debts +€5,879
up €5,879 (+54.3%), from €10,830 to €16,710
- Tax, wage and social debts -€3,576
down €3,576 (-18.2%), from €19,658 to €16,082
- Gross operating margin -€13,849
down €13,849 (-17.7%), from €78,025 to €64,175
- Taxes -€3,791
down €3,791 (-27.3%), from €13,890 to €10,099
- Depreciation +€3,218
new in 2025: €3,218
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 | €88,040 | €130,022 | +€41,982 | +47.7% |
| Fixed assets | 21/28 | €2,740 | €15,765 | +€13,026 | +475% |
| Tangible fixed assets | 22/27 | €1,240 | €14,265 | +€13,026 | +1,051% |
| Furniture and vehicles | 24 | - | €14,265 | +€14,265 | |
| Assets under construction and advance payments | 27 | €1,240 | - | -€1,240 | |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €85,300 | €114,257 | +€28,956 | +33.9% |
| Amounts receivable within one year | 40/41 | €12,705 | €12,705 | = | 0.0% |
| Trade receivables | 40 | €12,705 | €12,705 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €72,595 | €101,552 | +€28,956 | +39.9% |
| Total equity and liabilities | 10/49 | €88,040 | €130,022 | +€41,982 | +47.7% |
| Equity | 10/15 | €57,038 | €95,843 | +€38,805 | +68.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €54,038 | €92,843 | +€38,805 | +71.8% |
| Amounts payable | 17/49 | €31,001 | €34,179 | +€3,177 | +10.2% |
| Amounts payable within one year | 42/48 | €31,001 | €34,179 | +€3,177 | +10.2% |
| Trade debts | 44 | €514 | €1,387 | +€874 | +170% |
| Suppliers | 440/4 | €514 | €1,387 | +€874 | +170% |
| Taxes, remuneration and social security | 45 | €19,658 | €16,082 | -€3,576 | -18.2% |
| Taxes | 450/3 | €19,658 | €16,082 | -€3,576 | -18.2% |
| Other amounts payable | 47/48 | €10,830 | €16,710 | +€5,879 | +54.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €3,218 | +€3,218 | |
| Other operating charges | 640/8 | - | €642 | +€642 | |
| Gross operating margin | 9900 | €78,025 | €64,175 | -€13,849 | -17.7% |
| Operating profit (loss) | 9901 | €78,025 | €60,316 | -€17,709 | -22.7% |
| Financial charges | 65/66B | €2,597 | €2,162 | -€435 | -16.7% |
| Recurring financial charges | 65 | €2,597 | €2,162 | -€435 | -16.7% |
| Profit (loss) for the period before taxes | 9903 | €75,428 | €58,154 | -€17,274 | -22.9% |
| Income taxes | 67/77 | €13,890 | €10,099 | -€3,791 | -27.3% |
| Profit (loss) for the period | 9904 | €61,538 | €48,055 | -€13,484 | -21.9% |
| Profit (loss) for the period to be appropriated | 9905 | €61,538 | €48,055 | -€13,484 | -21.9% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.