GJ-Survey: 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.
GJ-Survey
Largest movements
- Cash +€54,564
up €54,564 (+83.8%), from €65,127 to €119,692
mainly Other debts (+€46,039) and Net result for the year (+€43,591)
- Receivables within one year -€7,102
down €7,102 (-31.5%), from €22,561 to €15,459
- Deferred charges and accrued income +€2,153
up €2,153 (+84.2%), from €2,559 to €4,712
- Other debts +€46,039
up €46,039 (+1,510%), from €3,049 to €49,089
- Profit (loss) carried forward -€7,442
down €7,442 (-14.6%), from €51,033 to €43,591
- Trade debts +€6,768
up €6,768 (+78.1%), from €8,666 to €15,435
- Tax, wage and social debts +€5,467
up €5,467 (+17.5%), from €31,237 to €36,704
of which Remuneration and social security: +€7,712
- Depreciation -€11,969
down €11,969 (-85.1%), from €14,061 to €2,092
- Gross operating margin -€6,610
down €6,610 (-9.4%), from €70,466 to €63,856
- Financial charges +€2,090
up €2,090 (+189%), from €1,108 to €3,198
- Taxes +€1,274
up €1,274 (+10.2%), from €12,475 to €13,750
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 | €95,986 | €146,818 | +€50,833 | +53.0% |
| Fixed assets | 21/28 | €5,739 | €6,956 | +€1,217 | +21.2% |
| Tangible fixed assets | 22/27 | €5,739 | €6,956 | +€1,217 | +21.2% |
| Plant, machinery and equipment | 23 | €3,060 | €1,932 | -€1,127 | -36.8% |
| Furniture and vehicles | 24 | €2,679 | €5,023 | +€2,344 | +87.5% |
| Current assets | 29/58 | €90,247 | €139,863 | +€49,616 | +55.0% |
| Amounts receivable within one year | 40/41 | €22,561 | €15,459 | -€7,102 | -31.5% |
| Trade receivables | 40 | €22,561 | €15,459 | -€7,102 | -31.5% |
| Cash at bank and in hand | 54/58 | €65,127 | €119,692 | +€54,564 | +83.8% |
| Deferred charges and accrued income | 490/1 | €2,559 | €4,712 | +€2,153 | +84.2% |
| Total equity and liabilities | 10/49 | €95,986 | €146,818 | +€50,833 | +53.0% |
| Equity | 10/15 | €53,033 | €45,591 | -€7,442 | -14.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €51,033 | €43,591 | -€7,442 | -14.6% |
| Amounts payable | 17/49 | €42,953 | €101,227 | +€58,275 | +136% |
| Amounts payable within one year | 42/48 | €42,953 | €101,227 | +€58,275 | +136% |
| Trade debts | 44 | €8,666 | €15,435 | +€6,768 | +78.1% |
| Suppliers | 440/4 | €8,666 | €15,435 | +€6,768 | +78.1% |
| Taxes, remuneration and social security | 45 | €31,237 | €36,704 | +€5,467 | +17.5% |
| Taxes | 450/3 | €31,237 | €28,992 | -€2,245 | -7.2% |
| Remuneration and social security | 454/9 | - | €7,712 | +€7,712 | |
| Other amounts payable | 47/48 | €3,049 | €49,089 | +€46,039 | +1,510% |
| Non-recurring operating income | 76A | - | €8,794 | +€8,794 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,061 | €2,092 | -€11,969 | -85.1% |
| Other operating charges | 640/8 | €776 | €1,145 | +€369 | +47.6% |
| Non-recurring operating charges | 66A | - | €80 | +€80 | |
| Gross operating margin | 9900 | €70,466 | €63,856 | -€6,610 | -9.4% |
| Operating profit (loss) | 9901 | €55,628 | €60,539 | +€4,910 | +8.8% |
| Financial income | 75/76B | €45 | €0 | -€45 | -99.8% |
| Recurring financial income | 75 | €45 | €0 | -€45 | -99.8% |
| Financial charges | 65/66B | €1,108 | €3,198 | +€2,090 | +189% |
| Recurring financial charges | 65 | €1,108 | €3,198 | +€2,090 | +189% |
| Profit (loss) for the period before taxes | 9903 | €54,566 | €57,341 | +€2,775 | +5.1% |
| Income taxes | 67/77 | €12,475 | €13,750 | +€1,274 | +10.2% |
| Profit (loss) for the period | 9904 | €42,090 | €43,591 | +€1,501 | +3.6% |
| Profit (loss) for the period to be appropriated | 9905 | €42,090 | €43,591 | +€1,501 | +3.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.