GH INVEST: what changed
What changed
GH INVEST
filed annual accounts (NBB)
Net result for the year
-€21,747
2024 · -€22,894+€1,147
Equity
€1.3m
2024 · €1.3m-€21,747
Cash
-
2024 · €1-€1
Balance sheet total
€1.9m
2024 · €1.9m-€2,986
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Profit (loss) carried forward -€21,747
down €21,747 (-1.7%), from €1.2m to €1.2m
- Accrued charges and deferred income +€20,355
up €20,355 (+87.2%), from €23,342 to €43,697
Income statement
- Other operating charges -€968
no longer reported in 2025 (was €968)
- Financial income -€443
down €443 (-24.5%), from €1,812 to €1,369
- Financial charges -€336
down €336 (-1.5%), from €22,245 to €21,909
- Gross operating margin +€287
up €287 (+19.2%), from -€1,493 to -€1,206
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
-€22,894
Gross operating margin
+€287
Other operating charges
+€968
Financial income
-€443
Financial charges
+€336
Result 2025
-€21,747
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
-€20
Investment
€0
Financing
+€19
Cash 2024
€1
From operations (derived)
-€20
Net result for the year
-€21,747
Receivables within one year
-€1,761
Deferred charges and accrued income
+€4,746
Trade debts
+€1,206
Tax, wage and social debts
-€5,614
Other debts
+€2,795
Accrued charges and deferred income
+€20,355
Financing
+€19
Short-term financial debts
+€19
Cash 2025
€0
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,901,403 | €1,898,417 | -€2,986 | -0.2% |
| Fixed assets | 21/28 | €1,848,310 | €1,848,310 | = | 0.0% |
| Financial fixed assets | 28 | €1,848,310 | €1,848,310 | = | 0.0% |
| Current assets | 29/58 | €53,093 | €50,107 | -€2,986 | -5.6% |
| Amounts receivable within one year | 40/41 | €46,977 | €48,738 | +€1,761 | +3.7% |
| Other amounts receivable | 41 | €46,977 | €48,738 | +€1,761 | +3.7% |
| Cash at bank and in hand | 54/58 | €1 | - | -€1 | |
| Deferred charges and accrued income | 490/1 | €6,115 | €1,369 | -€4,746 | -77.6% |
| Total equity and liabilities | 10/49 | €1,901,403 | €1,898,417 | -€2,986 | -0.2% |
| Equity | 10/15 | €1,316,058 | €1,294,311 | -€21,747 | -1.7% |
| Contributions | 10/11 | €62,500 | €62,500 | = | 0.0% |
| Capital | 10 | €62,500 | €62,500 | = | 0.0% |
| Issued capital | 100 | €62,500 | €62,500 | = | 0.0% |
| Reserves | 13 | €6,250 | €6,250 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,250 | €6,250 | = | 0.0% |
| Legal reserve | 130 | €6,250 | €6,250 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,247,308 | €1,225,561 | -€21,747 | -1.7% |
| Amounts payable | 17/49 | €585,345 | €604,106 | +€18,761 | +3.2% |
| Amounts payable within one year | 42/48 | €562,003 | €560,409 | -€1,594 | -0.3% |
| Financial debts | 43 | €16 | €35 | +€19 | +116% |
| Credit institutions | 430/8 | €16 | €35 | +€19 | +116% |
| Trade debts | 44 | €1,940 | €3,146 | +€1,206 | +62.2% |
| Suppliers | 440/4 | €1,940 | €3,146 | +€1,206 | +62.2% |
| Taxes, remuneration and social security | 45 | €5,875 | €261 | -€5,614 | -95.6% |
| Taxes | 450/3 | €5,875 | €261 | -€5,614 | -95.6% |
| Other amounts payable | 47/48 | €554,171 | €556,966 | +€2,795 | +0.5% |
| Accrued charges and deferred income | 492/3 | €23,342 | €43,697 | +€20,355 | +87.2% |
| Other operating charges | 640/8 | €968 | - | -€968 | |
| Gross operating margin | 9900 | -€1,493 | -€1,206 | +€287 | +19.2% |
| Operating profit (loss) | 9901 | -€2,461 | -€1,206 | +€1,255 | +51.0% |
| Financial income | 75/76B | €1,812 | €1,369 | -€443 | -24.5% |
| Recurring financial income | 75 | €1,812 | €1,369 | -€443 | -24.5% |
| Financial charges | 65/66B | €22,245 | €21,909 | -€336 | -1.5% |
| Recurring financial charges | 65 | €22,245 | €21,909 | -€336 | -1.5% |
| Profit (loss) for the period before taxes | 9903 | -€22,894 | -€21,747 | +€1,147 | +5.0% |
| Profit (loss) for the period | 9904 | -€22,894 | -€21,747 | +€1,147 | +5.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€22,894 | -€21,747 | +€1,147 | +5.0% |
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 8 November 2026 via checked.be.