GG enterprise: 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 enterprise
Largest movements
- Tangible fixed assets +€26,637
up €26,637 (+247%), from €10,786 to €37,423
of which Other tangible fixed assets: +€22,855
- Receivables within one year +€13,441
new in 2025: €13,441
of which Trade receivables: +€12,464
- Cash -€8,435
down €8,435 (-41.8%), from €20,185 to €11,750
mainly Investment in fixed assets (net) (-€31,106) and Receivables within one year (-€13,441)
- Reserves +€22,778
up €22,778 (+109%), from €20,926 to €43,704
- Tax, wage and social debts +€5,041
up €5,041 (+74.7%), from €6,746 to €11,787
- Trade debts +€3,824
up €3,824 (+478%), from €800 to €4,624
- Gross operating margin +€6,816
up €6,816 (+25.1%), from €27,206 to €34,021
- Depreciation +€3,600
up €3,600 (+414%), from €870 to €4,469
- Taxes +€1,042
up €1,042 (+19.3%), from €5,404 to €6,446
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 | €30,971 | €62,614 | +€31,643 | +102% |
| Fixed assets | 21/28 | €10,786 | €37,423 | +€26,637 | +247% |
| Tangible fixed assets | 22/27 | €10,786 | €37,423 | +€26,637 | +247% |
| Plant, machinery and equipment | 23 | - | €4,029 | +€4,029 | |
| Furniture and vehicles | 24 | €1,113 | €865 | -€248 | -22.3% |
| Other tangible fixed assets | 26 | €9,674 | €32,529 | +€22,855 | +236% |
| Current assets | 29/58 | €20,185 | €25,191 | +€5,006 | +24.8% |
| Amounts receivable within one year | 40/41 | - | €13,441 | +€13,441 | |
| Trade receivables | 40 | - | €12,464 | +€12,464 | |
| Other amounts receivable | 41 | - | €977 | +€977 | |
| Cash at bank and in hand | 54/58 | €20,185 | €11,750 | -€8,435 | -41.8% |
| Total equity and liabilities | 10/49 | €30,971 | €62,614 | +€31,643 | +102% |
| Equity | 10/15 | €23,426 | €46,204 | +€22,778 | +97.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €20,926 | €43,704 | +€22,778 | +109% |
| Distributable reserves | 133 | €20,926 | €43,704 | +€22,778 | +109% |
| Amounts payable | 17/49 | €7,546 | €16,410 | +€8,865 | +117% |
| Amounts payable within one year | 42/48 | €7,546 | €16,410 | +€8,865 | +117% |
| Trade debts | 44 | €800 | €4,624 | +€3,824 | +478% |
| Suppliers | 440/4 | €800 | €4,624 | +€3,824 | +478% |
| Taxes, remuneration and social security | 45 | €6,746 | €11,787 | +€5,041 | +74.7% |
| Taxes | 450/3 | €6,746 | €11,787 | +€5,041 | +74.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €870 | €4,469 | +€3,600 | +414% |
| Other operating charges | 640/8 | - | €116 | +€116 | |
| Gross operating margin | 9900 | €27,206 | €34,021 | +€6,816 | +25.1% |
| Operating profit (loss) | 9901 | €26,336 | €29,436 | +€3,100 | +11.8% |
| Financial income | 75/76B | €5 | €5 | = | 0.0% |
| Recurring financial income | 75 | €5 | €5 | = | 0.0% |
| Financial charges | 65/66B | €11 | €217 | +€206 | +1,835% |
| Recurring financial charges | 65 | €11 | €217 | +€206 | +1,835% |
| Profit (loss) for the period before taxes | 9903 | €26,330 | €29,224 | +€2,894 | +11.0% |
| Income taxes | 67/77 | €5,404 | €6,446 | +€1,042 | +19.3% |
| Profit (loss) for the period | 9904 | €20,926 | €22,778 | +€1,852 | +8.9% |
| Profit (loss) for the period to be appropriated | 9905 | €20,926 | €22,778 | +€1,852 | +8.9% |
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 19 October 2026 via checked.be.