GG4: what changed
What changed
GG4
NACE 95.311, General maintenance and repair of cars and light vans (up to 3.5 tonnes)
filed annual accounts (NBB)
Net result for the year
€1.2m
2024 · €1.2m-€15,905
Equity
€14.6m
2024 · €13.6m+€1.0m
Cash
€267,995
2024 · €9,475+€258,520
Balance sheet total
€23.5m
2024 · €23.4m+€163,930
Largest movements
Assets
- Cash +€258,520
up €258,520 (+2,728%), from €9,475 to €267,995
mainly Net result for the year (+€1.2m) and Receivables after one year (+€104,040)
Equity and liabilities
- Profit (loss) carried forward +€1.0m
up €1.0m (+7.5%), from €13.5m to €14.5m
- Debts after one year -€844,039
down €844,039 (-10.0%), from €8.4m to €7.6m
Income statement
- Staff costs +€72,610
up €72,610 (+8.6%), from €849,000 to €921,610
- Financial charges -€67,410
down €67,410 (-27.6%), from €244,268 to €176,858
of which Financial charges: -€67,410
- Financial income -€21,012
down €21,012 (-3.2%), from €647,183 to €626,171
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€1.2m
Gross operating margin
+€5,326
Staff costs
-€72,610
Other operating charges
+€112
Financial income
-€21,012
Financial charges
+€67,410
Taxes
+€4,869
Result 2025
€1.2m
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€1.2m
Investment
€0
Financing
-€938,120
Cash 2024
€9,475
From operations (derived)
+€1.2m
Net result for the year
+€1.2m
Receivables after one year
+€104,040
Receivables within one year
-€6,002
Deferred charges and accrued income
-€3,448
Trade debts
-€8,213
Tax, wage and social debts
-€31,925
Accrued charges and deferred income
-€11,467
Financing
-€938,120
Debts after one year
-€844,039
Short-term financial debts
+€55,919
Contributions, distributions and other
-€150,000
Cash 2025
€267,995
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €23,384,951 | €23,548,881 | +€163,930 | +0.7% |
| Fixed assets | 21/28 | €21,493,234 | €21,493,234 | = | 0.0% |
| Financial fixed assets | 28 | €21,493,234 | €21,493,234 | = | 0.0% |
| Current assets | 29/58 | €1,891,717 | €2,055,647 | +€163,930 | +8.7% |
| Amounts receivable after more than one year | 29 | €1,324,944 | €1,220,904 | -€104,040 | -7.9% |
| Other amounts receivable | 291 | €1,324,944 | €1,220,904 | -€104,040 | -7.9% |
| Amounts receivable within one year | 40/41 | €557,298 | €563,300 | +€6,002 | +1.1% |
| Trade receivables | 40 | €448,482 | €551,365 | +€102,883 | +22.9% |
| Other amounts receivable | 41 | €108,816 | €11,935 | -€96,881 | -89.0% |
| Cash at bank and in hand | 54/58 | €9,475 | €267,995 | +€258,520 | +2,728% |
| Deferred charges and accrued income | 490/1 | - | €3,448 | +€3,448 | |
| Total equity and liabilities | 10/49 | €23,384,951 | €23,548,881 | +€163,930 | +0.7% |
| Equity | 10/15 | €13,560,803 | €14,564,458 | +€1.0m | +7.4% |
| Contributions | 10/11 | €86,200 | €86,200 | = | 0.0% |
| Reserves | 13 | €8,620 | €8,620 | = | 0.0% |
| Non-distributable reserves | 130/1 | €8,620 | €8,620 | = | 0.0% |
| Reserves not available under the articles | 1311 | €8,620 | €8,620 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,465,983 | €14,469,638 | +€1.0m | +7.5% |
| Amounts payable | 17/49 | €9,824,148 | €8,984,423 | -€839,725 | -8.5% |
| Amounts payable after more than one year | 17 | €8,418,640 | €7,574,601 | -€844,039 | -10.0% |
| Financial debts | 170/4 | €8,418,640 | €7,574,601 | -€844,039 | -10.0% |
| Amounts payable within one year | 42/48 | €1,394,041 | €1,409,822 | +€15,781 | +1.1% |
| Financial debts | 43 | €695,176 | €751,095 | +€55,919 | +8.0% |
| Credit institutions | 430/8 | €695,176 | €751,095 | +€55,919 | +8.0% |
| Other loans | 439 | €0 | - | = | |
| Trade debts | 44 | €297,435 | €289,222 | -€8,213 | -2.8% |
| Suppliers | 440/4 | €297,435 | €289,222 | -€8,213 | -2.8% |
| Taxes, remuneration and social security | 45 | €251,430 | €219,505 | -€31,925 | -12.7% |
| Taxes | 450/3 | €121,054 | €66,548 | -€54,506 | -45.0% |
| Remuneration and social security | 454/9 | €130,376 | €152,957 | +€22,581 | +17.3% |
| Other amounts payable | 47/48 | €150,000 | €150,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €11,467 | - | -€11,467 | |
| Turnover | 70 | €1,992,795 | €1,988,821 | -€3,974 | -0.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €180,235 | €170,935 | -€9,300 | -5.2% |
| Remuneration, social security and pensions | 62 | €849,000 | €921,610 | +€72,610 | +8.6% |
| Other operating charges | 640/8 | €1,111 | €999 | -€112 | -10.1% |
| Gross operating margin | 9900 | €1,812,560 | €1,817,886 | +€5,326 | +0.3% |
| Operating profit (loss) | 9901 | €962,449 | €895,277 | -€67,172 | -7.0% |
| Financial income | 75/76B | €647,183 | €626,171 | -€21,012 | -3.2% |
| Recurring financial income | 75 | €647,183 | €626,171 | -€21,012 | -3.2% |
| Financial charges | 65/66B | €244,268 | €176,858 | -€67,410 | -27.6% |
| Recurring financial charges | 65 | €244,268 | €176,858 | -€67,410 | -27.6% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €1,365,364 | €1,344,590 | -€20,774 | -1.5% |
| Income taxes | 67/77 | €195,804 | €190,935 | -€4,869 | -2.5% |
| Profit (loss) for the period | 9904 | €1,169,560 | €1,153,655 | -€15,905 | -1.4% |
| Profit (loss) for the period to be appropriated | 9905 | €1,169,560 | €1,153,655 | -€15,905 | -1.4% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.