GN SOLUTIONS: 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.
GN SOLUTIONS
Largest movements
- Receivables within one year -€14,930
down €14,930 (-46.2%), from €32,286 to €17,356
of which Trade receivables: -€14,306
- Cash +€10,676
up €10,676 (+56.8%), from €18,792 to €29,468
mainly Receivables within one year (+€14,930) and Depreciation (+€7,559)
- Tangible fixed assets -€6,463
down €6,463 (-52.7%), from €12,261 to €5,798
of which Leasing and similar rights: -€4,760
- Deferred charges and accrued income -€1,530
down €1,530 (-30.6%), from €5,000 to €3,470
- Financial fixed assets -€1,000
down €1,000 (-100.0%), from €1,000 to €0
- Current portion of long-term debt -€5,547
down €5,547 (-100.0%), from €5,547 to €0
- Trade debts -€5,432
down €5,432 (-79.2%), from €6,862 to €1,430
- Reserves +€3,732
up €3,732 (+11.4%), from €32,801 to €36,533
- Short-term financial debts -€3,398
down €3,398 (-100.0%), from €3,398 to €0
- Other debts -€1,924
down €1,924 (-81.0%), from €2,375 to €451
- Gross operating margin -€1,171
down €1,171 (-6.9%), from €16,993 to €15,822
- Taxes +€551
up €551 (+23.2%), from €2,376 to €2,928
- Depreciation -€501
down €501 (-6.2%), from €8,060 to €7,559
- Financial charges -€412
down €412 (-71.5%), from €577 to €164
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 | €71,339 | €58,299 | -€13,040 | -18.3% |
| Fixed assets | 21/28 | €13,261 | €5,798 | -€7,463 | -56.3% |
| Tangible fixed assets | 22/27 | €12,261 | €5,798 | -€6,463 | -52.7% |
| Furniture and vehicles | 24 | €2,754 | €1,051 | -€1,703 | -61.8% |
| Leasing and similar rights | 25 | €9,507 | €4,747 | -€4,760 | -50.1% |
| Financial fixed assets | 28 | €1,000 | €0 | -€1,000 | -100.0% |
| Current assets | 29/58 | €58,077 | €52,501 | -€5,576 | -9.6% |
| Stocks and contracts in progress | 3 | €2,000 | €2,207 | +€207 | +10.4% |
| Stocks | 30/36 | €2,000 | €2,207 | +€207 | +10.4% |
| Amounts receivable within one year | 40/41 | €32,286 | €17,356 | -€14,930 | -46.2% |
| Trade receivables | 40 | €29,562 | €15,256 | -€14,306 | -48.4% |
| Other amounts receivable | 41 | €2,724 | €2,100 | -€624 | -22.9% |
| Cash at bank and in hand | 54/58 | €18,792 | €29,468 | +€10,676 | +56.8% |
| Deferred charges and accrued income | 490/1 | €5,000 | €3,470 | -€1,530 | -30.6% |
| Total equity and liabilities | 10/49 | €71,339 | €58,299 | -€13,040 | -18.3% |
| Equity | 10/15 | €45,201 | €48,933 | +€3,732 | +8.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €32,801 | €36,533 | +€3,732 | +11.4% |
| Distributable reserves | 133 | €32,801 | €36,533 | +€3,732 | +11.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €26,137 | €9,366 | -€16,772 | -64.2% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €26,137 | €9,366 | -€16,772 | -64.2% |
| Current portion of amounts payable after more than one year | 42 | €5,547 | €0 | -€5,547 | -100.0% |
| Financial debts | 43 | €3,398 | €0 | -€3,398 | -100.0% |
| Credit institutions | 430/8 | €3,398 | €0 | -€3,398 | -100.0% |
| Trade debts | 44 | €6,862 | €1,430 | -€5,432 | -79.2% |
| Suppliers | 440/4 | €6,862 | €1,430 | -€5,432 | -79.2% |
| Taxes, remuneration and social security | 45 | €7,955 | €7,484 | -€470 | -5.9% |
| Taxes | 450/3 | €6,575 | €7,484 | +€910 | +13.8% |
| Remuneration and social security | 454/9 | €1,380 | €0 | -€1,380 | -100.0% |
| Other amounts payable | 47/48 | €2,375 | €451 | -€1,924 | -81.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,060 | €7,559 | -€501 | -6.2% |
| Other operating charges | 640/8 | €1,577 | €1,682 | +€104 | +6.6% |
| Gross operating margin | 9900 | €16,993 | €15,822 | -€1,171 | -6.9% |
| Operating profit (loss) | 9901 | €7,356 | €6,581 | -€775 | -10.5% |
| Financial income | 75/76B | €197 | €243 | +€46 | +23.1% |
| Recurring financial income | 75 | €197 | €243 | +€46 | +23.1% |
| Financial charges | 65/66B | €577 | €164 | -€412 | -71.5% |
| Recurring financial charges | 65 | €577 | €164 | -€412 | -71.5% |
| Profit (loss) for the period before taxes | 9903 | €6,977 | €6,660 | -€317 | -4.5% |
| Income taxes | 67/77 | €2,376 | €2,928 | +€551 | +23.2% |
| Profit (loss) for the period | 9904 | €4,600 | €3,732 | -€868 | -18.9% |
| Profit (loss) for the period to be appropriated | 9905 | €4,600 | €3,732 | -€868 | -18.9% |
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 9 October 2026 via checked.be.