GGG Concept: 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.
GGG Concept
Largest movements
- Receivables within one year +€5,581
up €5,581 (+125%), from €4,471 to €10,052
of which Trade receivables: +€3,226
- Tangible fixed assets -€5,013
down €5,013 (-20.3%), from €24,664 to €19,652
of which Furniture and vehicles: -€3,517
- Cash +€4,016
up €4,016 (+2,749%), from €146 to €4,162
mainly Net result for the year (+€20,091) and Trade debts (+€14,696)
- Deferred charges and accrued income +€1,547
up €1,547 (+77.0%), from €2,010 to €3,557
- Stocks and contracts +€1,318
up €1,318 (+28.4%), from €4,644 to €5,962
- Other debts -€28,864
down €28,864 (-61.7%), from €46,746 to €17,882
- Profit (loss) carried forward +€20,091
up €20,091 (+25.3%), from -€79,450 to -€59,359
- Trade debts +€14,696
up €14,696 (+28.5%), from €51,595 to €66,291
- Tax, wage and social debts +€5,428
up €5,428 (+855%), from €635 to €6,063
- Debts after one year -€3,708
down €3,708 (-38.3%), from €9,676 to €5,968
- Gross operating margin +€100,607
up €100,607, from -€70,197 to €30,410
- Other operating charges +€1,117
up €1,117 (+81.1%), from €1,378 to €2,495
- Financial charges +€774
up €774 (+65.8%), from €1,176 to €1,949
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 | €35,935 | €43,384 | +€7,449 | +20.7% |
| Fixed assets | 21/28 | €24,664 | €19,652 | -€5,013 | -20.3% |
| Tangible fixed assets | 22/27 | €24,664 | €19,652 | -€5,013 | -20.3% |
| Land and buildings | 22 | €10,647 | €9,407 | -€1,240 | -11.6% |
| Plant, machinery and equipment | 23 | €856 | €600 | -€256 | -29.9% |
| Furniture and vehicles | 24 | €13,161 | €9,644 | -€3,517 | -26.7% |
| Current assets | 29/58 | €11,271 | €23,733 | +€12,462 | +111% |
| Stocks and contracts in progress | 3 | €4,644 | €5,962 | +€1,318 | +28.4% |
| Stocks | 30/36 | €4,644 | €5,962 | +€1,318 | +28.4% |
| Amounts receivable within one year | 40/41 | €4,471 | €10,052 | +€5,581 | +125% |
| Trade receivables | 40 | - | €3,226 | +€3,226 | |
| Other amounts receivable | 41 | €4,471 | €6,826 | +€2,355 | +52.7% |
| Cash at bank and in hand | 54/58 | €146 | €4,162 | +€4,016 | +2,749% |
| Deferred charges and accrued income | 490/1 | €2,010 | €3,557 | +€1,547 | +77.0% |
| Total equity and liabilities | 10/49 | €35,935 | €43,384 | +€7,449 | +20.7% |
| Equity | 10/15 | -€76,950 | -€56,859 | +€20,091 | +26.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€79,450 | -€59,359 | +€20,091 | +25.3% |
| Amounts payable | 17/49 | €112,885 | €100,243 | -€12,642 | -11.2% |
| Amounts payable after more than one year | 17 | €9,676 | €5,968 | -€3,708 | -38.3% |
| Financial debts | 170/4 | €9,676 | €5,968 | -€3,708 | -38.3% |
| Amounts payable within one year | 42/48 | €103,209 | €94,275 | -€8,934 | -8.7% |
| Current portion of amounts payable after more than one year | 42 | €4,233 | €4,040 | -€194 | -4.6% |
| Trade debts | 44 | €51,595 | €66,291 | +€14,696 | +28.5% |
| Suppliers | 440/4 | €51,595 | €66,291 | +€14,696 | +28.5% |
| Taxes, remuneration and social security | 45 | €635 | €6,063 | +€5,428 | +855% |
| Taxes | 450/3 | €635 | €6,063 | +€5,428 | +855% |
| Other amounts payable | 47/48 | €46,746 | €17,882 | -€28,864 | -61.7% |
| Non-recurring operating income | 76A | - | €74 | +€74 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,459 | €5,542 | +€82 | +1.5% |
| Other operating charges | 640/8 | €1,378 | €2,495 | +€1,117 | +81.1% |
| Gross operating margin | 9900 | -€70,197 | €30,410 | +€100,607 | |
| Operating profit (loss) | 9901 | -€77,035 | €22,372 | +€99,407 | |
| Financial income | 75/76B | €3 | €1 | -€2 | -62.0% |
| Recurring financial income | 75 | €3 | €1 | -€2 | -62.0% |
| Financial charges | 65/66B | €1,176 | €1,949 | +€774 | +65.8% |
| Recurring financial charges | 65 | €1,176 | €1,949 | +€774 | +65.8% |
| Profit (loss) for the period before taxes | 9903 | -€78,208 | €20,424 | +€98,632 | |
| Income taxes | 67/77 | €101 | €333 | +€232 | +229% |
| Profit (loss) for the period | 9904 | -€78,309 | €20,091 | +€98,400 | |
| Profit (loss) for the period to be appropriated | 9905 | -€78,309 | €20,091 | +€98,400 |
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 27 October 2026 via checked.be.