GG HR Services: 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 HR Services
Largest movements
- Cash +€31,394
up €31,394 (+44.4%), from €70,665 to €102,059
mainly Depreciation (+€25,266) and Net result for the year (+€16,125)
- Tangible fixed assets -€16,043
down €16,043 (-5.5%), from €289,773 to €273,730
of which Land and buildings: -€15,153
- Reserves +€16,125
up €16,125 (+7.3%), from €221,847 to €237,972
of which Distributable reserves: +€16,125
- Tax, wage and social debts +€4,972
up €4,972 (+180%), from €2,765 to €7,737
of which Remuneration and social security: +€2,712
- Other debts -€4,766
down €4,766 (-3.7%), from €128,562 to €123,795
- Gross operating margin -€6,734
down €6,734 (-11.9%), from €56,695 to €49,960
- Depreciation +€3,823
up €3,823 (+17.8%), from €21,442 to €25,266
- Taxes -€1,376
down €1,376 (-17.4%), from €7,920 to €6,544
- Other operating charges +€1,206
up €1,206 (+142%), from €848 to €2,054
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 | €367,650 | €385,661 | +€18,011 | +4.9% |
| Fixed assets | 21/28 | €289,773 | €273,730 | -€16,043 | -5.5% |
| Tangible fixed assets | 22/27 | €289,773 | €273,730 | -€16,043 | -5.5% |
| Land and buildings | 22 | €241,084 | €225,930 | -€15,153 | -6.3% |
| Plant, machinery and equipment | 23 | €1,514 | €1,131 | -€383 | -25.3% |
| Furniture and vehicles | 24 | €28,873 | €30,968 | +€2,096 | +7.3% |
| Other tangible fixed assets | 26 | €18,302 | €15,700 | -€2,602 | -14.2% |
| Current assets | 29/58 | €77,877 | €111,931 | +€34,054 | +43.7% |
| Amounts receivable within one year | 40/41 | €7,080 | €9,732 | +€2,652 | +37.5% |
| Trade receivables | 40 | - | €8,279 | +€8,279 | |
| Other amounts receivable | 41 | €7,080 | €1,453 | -€5,627 | -79.5% |
| Cash at bank and in hand | 54/58 | €70,665 | €102,059 | +€31,394 | +44.4% |
| Deferred charges and accrued income | 490/1 | €133 | €141 | +€8 | +6.0% |
| Total equity and liabilities | 10/49 | €367,650 | €385,661 | +€18,011 | +4.9% |
| Equity | 10/15 | €232,603 | €248,728 | +€16,125 | +6.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €221,847 | €237,972 | +€16,125 | +7.3% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €221,847 | €237,972 | +€16,125 | +7.3% |
| Profit (loss) carried forward | 14 | €757 | €757 | = | 0.0% |
| Amounts payable | 17/49 | €135,046 | €136,933 | +€1,886 | +1.4% |
| Amounts payable within one year | 42/48 | €134,756 | €136,113 | +€1,357 | +1.0% |
| Trade debts | 44 | €3,430 | €4,581 | +€1,152 | +33.6% |
| Suppliers | 440/4 | €3,430 | €4,581 | +€1,152 | +33.6% |
| Taxes, remuneration and social security | 45 | €2,765 | €7,737 | +€4,972 | +180% |
| Taxes | 450/3 | €2,765 | €5,025 | +€2,260 | +81.7% |
| Remuneration and social security | 454/9 | - | €2,712 | +€2,712 | |
| Other amounts payable | 47/48 | €128,562 | €123,795 | -€4,766 | -3.7% |
| Accrued charges and deferred income | 492/3 | €291 | €819 | +€529 | +182% |
| Non-recurring operating income | 76A | €3,620 | €0 | -€3,620 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,442 | €25,266 | +€3,823 | +17.8% |
| Other operating charges | 640/8 | €848 | €2,054 | +€1,206 | +142% |
| Gross operating margin | 9900 | €56,695 | €49,960 | -€6,734 | -11.9% |
| Operating profit (loss) | 9901 | €34,404 | €22,640 | -€11,764 | -34.2% |
| Financial income | 75/76B | - | €100 | +€100 | |
| Recurring financial income | 75 | - | €100 | +€100 | |
| Financial charges | 65/66B | €81 | €72 | -€9 | -10.6% |
| Recurring financial charges | 65 | €81 | €72 | -€9 | -10.6% |
| Profit (loss) for the period before taxes | 9903 | €34,324 | €22,668 | -€11,655 | -34.0% |
| Income taxes | 67/77 | €7,920 | €6,544 | -€1,376 | -17.4% |
| Profit (loss) for the period | 9904 | €26,404 | €16,125 | -€10,279 | -38.9% |
| Profit (loss) for the period to be appropriated | 9905 | €26,404 | €16,125 | -€10,279 | -38.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.