GG 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 Services
Largest movements
- Tangible fixed assets -€35,844
down €35,844 (-22.7%), from €157,985 to €122,141
of which Plant, machinery and equipment: -€27,410
- Receivables within one year -€20,221
down €20,221 (-18.6%), from €108,938 to €88,717
of which Other amounts receivable: -€52,280
- Stocks and contracts -€4,845
down €4,845 (-17.9%), from €27,070 to €22,225
- Cash +€3,938
up €3,938 (+38.6%), from €10,199 to €14,137
mainly Depreciation (+€41,057) and Net result for the year (+€24,083)
- Trade debts -€40,923
down €40,923 (-97.5%), from €41,989 to €1,066
- Other debts -€35,880
down €35,880 (-15.5%), from €231,174 to €195,294
- Profit (loss) carried forward +€24,083
up €24,083 (+53.8%), from -€44,790 to -€20,707
- Debts after one year -€8,411
down €8,411 (-48.2%), from €17,468 to €9,057
- Tax, wage and social debts +€6,434
up €6,434 (+53.0%), from €12,131 to €18,565
of which Taxes: +€9,194
- Gross operating margin +€38,932
up €38,932 (+116%), from €33,576 to €72,508
- Financial income -€18,368
down €18,368 (-97.4%), from €18,863 to €495
of which Non-recurring financial income: -€18,344
- Depreciation -€3,578
down €3,578 (-8.0%), from €44,635 to €41,057
- Staff costs +€1,216
up €1,216 (+647%), from €188 to €1,404
- Write-downs +€806
up €806 (+35.0%), from €2,303 to €3,109
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €304,979 | €248,405 | -€56,574 | -18.6% |
| Fixed assets | 21/28 | €157,985 | €122,391 | -€35,594 | -22.5% |
| Tangible fixed assets | 22/27 | €157,985 | €122,141 | -€35,844 | -22.7% |
| Land and buildings | 22 | €1,855 | €1,428 | -€427 | -23.0% |
| Plant, machinery and equipment | 23 | €99,277 | €71,867 | -€27,410 | -27.6% |
| Furniture and vehicles | 24 | €56,853 | €48,846 | -€8,007 | -14.1% |
| Financial fixed assets | 28 | - | €250 | +€250 | |
| Current assets | 29/58 | €146,994 | €126,014 | -€20,980 | -14.3% |
| Stocks and contracts in progress | 3 | €27,070 | €22,225 | -€4,845 | -17.9% |
| Stocks | 30/36 | €27,070 | €22,225 | -€4,845 | -17.9% |
| Amounts receivable within one year | 40/41 | €108,938 | €88,717 | -€20,221 | -18.6% |
| Trade receivables | 40 | €56,658 | €88,717 | +€32,059 | +56.6% |
| Other amounts receivable | 41 | €52,280 | - | -€52,280 | |
| Cash at bank and in hand | 54/58 | €10,199 | €14,137 | +€3,938 | +38.6% |
| Deferred charges and accrued income | 490/1 | €787 | €935 | +€148 | +18.8% |
| Total equity and liabilities | 10/49 | €304,979 | €248,405 | -€56,574 | -18.6% |
| Equity | 10/15 | -€8,072 | €16,011 | +€24,083 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €18,118 | €18,118 | = | 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 | €16,258 | €16,258 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€44,790 | -€20,707 | +€24,083 | +53.8% |
| Amounts payable | 17/49 | €313,051 | €232,394 | -€80,657 | -25.8% |
| Amounts payable after more than one year | 17 | €17,468 | €9,057 | -€8,411 | -48.2% |
| Financial debts | 170/4 | €17,468 | €9,057 | -€8,411 | -48.2% |
| Amounts payable within one year | 42/48 | €295,583 | €223,337 | -€72,246 | -24.4% |
| Current portion of amounts payable after more than one year | 42 | €10,289 | €8,412 | -€1,877 | -18.2% |
| Trade debts | 44 | €41,989 | €1,066 | -€40,923 | -97.5% |
| Suppliers | 440/4 | €41,989 | €1,066 | -€40,923 | -97.5% |
| Taxes, remuneration and social security | 45 | €12,131 | €18,565 | +€6,434 | +53.0% |
| Taxes | 450/3 | - | €9,194 | +€9,194 | |
| Remuneration and social security | 454/9 | €12,131 | €9,371 | -€2,760 | -22.8% |
| Other amounts payable | 47/48 | €231,174 | €195,294 | -€35,880 | -15.5% |
| Non-recurring operating income | 76A | - | €14,142 | +€14,142 | |
| Remuneration, social security and pensions | 62 | €188 | €1,404 | +€1,216 | +647% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,635 | €41,057 | -€3,578 | -8.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,303 | €3,109 | +€806 | +35.0% |
| Other operating charges | 640/8 | €1,399 | €1,441 | +€42 | +3.0% |
| Gross operating margin | 9900 | €33,576 | €72,508 | +€38,932 | +116% |
| Operating profit (loss) | 9901 | -€14,949 | €25,497 | +€40,446 | |
| Financial income | 75/76B | €18,863 | €495 | -€18,368 | -97.4% |
| Recurring financial income | 75 | €519 | €495 | -€24 | -4.6% |
| Non-recurring financial income | 76B | €18,344 | - | -€18,344 | |
| Financial charges | 65/66B | €1,719 | €1,909 | +€190 | +11.1% |
| Recurring financial charges | 65 | €1,719 | €1,754 | +€35 | +2.0% |
| Non-recurring financial charges | 66B | - | €155 | +€155 | |
| Profit (loss) for the period before taxes | 9903 | €2,195 | €24,083 | +€21,888 | +997% |
| Profit (loss) for the period | 9904 | €2,195 | €24,083 | +€21,888 | +997% |
| Profit (loss) for the period to be appropriated | 9905 | €2,195 | €24,083 | +€21,888 | +997% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.