GNG Development: 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.
GNG Development
Largest movements
- Cash +€6,044
up €6,044 (+23.4%), from €25,877 to €31,922
mainly Receivables within one year (+€2,939) and Net result for the year (+€1,611)
- Receivables within one year -€2,939
down €2,939 (-34.8%), from €8,454 to €5,515
of which Other amounts receivable: -€2,939
- Profit (loss) carried forward +€1,611
up €1,611, from -€915 to €696
- Trade debts +€1,494
up €1,494 (+257%), from €581 to €2,076
- Financial income +€3,744
new in 2025: €3,744
of which Financial income: +€3,744
- Gross operating margin +€3,250
up €3,250 (+71.9%), from -€4,520 to -€1,270
- Other operating charges -€145
down €145 (-20.1%), from €720 to €575
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 | €49,666 | €52,771 | +€3,105 | +6.3% |
| Current assets | 29/58 | €49,666 | €52,771 | +€3,105 | +6.3% |
| Stocks and contracts in progress | 3 | €15,335 | €15,335 | = | 0.0% |
| Stocks | 30/36 | €15,335 | €15,335 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €8,454 | €5,515 | -€2,939 | -34.8% |
| Trade receivables | 40 | €5,160 | €5,160 | = | 0.0% |
| Other amounts receivable | 41 | €3,294 | €355 | -€2,939 | -89.2% |
| Cash at bank and in hand | 54/58 | €25,877 | €31,922 | +€6,044 | +23.4% |
| Total equity and liabilities | 10/49 | €49,666 | €52,771 | +€3,105 | +6.3% |
| Equity | 10/15 | €49,085 | €50,696 | +€1,611 | +3.3% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€915 | €696 | +€1,611 | |
| Amounts payable | 17/49 | €581 | €2,076 | +€1,494 | +257% |
| Amounts payable within one year | 42/48 | €581 | €2,076 | +€1,494 | +257% |
| Trade debts | 44 | €581 | €2,076 | +€1,494 | +257% |
| Suppliers | 440/4 | €581 | €2,076 | +€1,494 | +257% |
| Other operating charges | 640/8 | €720 | €575 | -€145 | -20.1% |
| Gross operating margin | 9900 | -€4,520 | -€1,270 | +€3,250 | +71.9% |
| Operating profit (loss) | 9901 | -€5,240 | -€1,845 | +€3,395 | +64.8% |
| Financial income | 75/76B | - | €3,744 | +€3,744 | |
| Recurring financial income | 75 | - | €3,744 | +€3,744 | |
| Non-recurring financial income | 76B | - | €3,744 | +€3,744 | |
| Financial charges | 65/66B | €291 | €289 | -€2 | -0.8% |
| Recurring financial charges | 65 | €291 | €289 | -€2 | -0.8% |
| Profit (loss) for the period before taxes | 9903 | -€5,531 | €1,611 | +€7,141 | |
| Income taxes | 67/77 | €13 | - | -€13 | |
| Profit (loss) for the period | 9904 | -€5,543 | €1,611 | +€7,154 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,543 | €1,611 | +€7,154 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.