GH LEASE: what changed
Two fiscal 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.
GH LEASE
Largest movements
- Cash -€20,247
down €20,247 (-95.4%), from €21,229 to €982
mainly Other debts (-€67,155) and Receivables within one year (-€11,138)
- Receivables within one year +€11,138
up €11,138 (+17.8%), from €62,505 to €73,643
of which Trade receivables: +€6,156
- Deferred charges and accrued income -€10,600
no longer reported in 2025 (was €10,600)
- Other debts -€67,155
down €67,155 (-80.9%), from €83,020 to €15,865
- Profit (loss) carried forward +€35,951
up €35,951 (+33.7%), from -€106,610 to -€70,659
- Trade debts +€8,046
up €8,046 (+7.3%), from €109,864 to €117,910
- Short-term financial debts +€3,448
new in 2025: €3,448
- Gross operating margin +€33,594
up €33,594 (+426.6%), from €7,875 to €41,469
- Other operating charges -€830
down €830 (-13.8%), from €5,994 to €5,164
- Financial income -€710
no longer reported in 2025 (was €710)
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.
Cash bridge derived
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 | €94,334 | €74,625 | -€19,709 | -20.9% |
| Current assets | 29/58 | €94,334 | €74,625 | -€19,709 | -20.9% |
| Amounts receivable within one year | 40/41 | €62,505 | €73,643 | +€11,138 | +17.8% |
| Trade receivables | 40 | €51,110 | €57,266 | +€6,156 | +12.0% |
| Other amounts receivable | 41 | €11,395 | €16,377 | +€4,982 | +43.7% |
| Cash at bank and in hand | 54/58 | €21,229 | €982 | -€20,247 | -95.4% |
| Deferred charges and accrued income | 490/1 | €10,600 | - | -€10,600 | |
| Total equity and liabilities | 10/49 | €94,334 | €74,625 | -€19,709 | -20.9% |
| Equity | 10/15 | -€98,550 | -€62,599 | +€35,951 | +36.5% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€106,610 | -€70,659 | +€35,951 | +33.7% |
| Amounts payable | 17/49 | €192,884 | €137,224 | -€55,660 | -28.9% |
| Amounts payable within one year | 42/48 | €192,884 | €137,224 | -€55,660 | -28.9% |
| Financial debts | 43 | - | €3,448 | +€3,448 | |
| Credit institutions | 430/8 | - | €3,448 | +€3,448 | |
| Trade debts | 44 | €109,864 | €117,910 | +€8,046 | +7.3% |
| Suppliers | 440/4 | €109,864 | €117,910 | +€8,046 | +7.3% |
| Other amounts payable | 47/48 | €83,020 | €15,865 | -€67,155 | -80.9% |
| Remuneration, social security and pensions | 62 | €205 | - | -€205 | |
| Other operating charges | 640/8 | €5,994 | €5,164 | -€830 | -13.8% |
| Gross operating margin | 9900 | €7,875 | €41,469 | +€33,594 | +426.6% |
| Operating profit (loss) | 9901 | €1,676 | €36,305 | +€34,629 | +2066.0% |
| Financial income | 75/76B | €710 | - | -€710 | |
| Recurring financial income | 75 | €710 | - | -€710 | |
| Financial charges | 65/66B | €431 | €353 | -€77 | -18.0% |
| Recurring financial charges | 65 | €431 | €353 | -€77 | -18.0% |
| Profit (loss) for the period before taxes | 9903 | €1,956 | €35,951 | +€33,996 | +1738.2% |
| Profit (loss) for the period | 9904 | €1,956 | €35,951 | +€33,996 | +1738.2% |
| Profit (loss) for the period to be appropriated | 9905 | €1,956 | €35,951 | +€33,996 | +1738.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.