GNN 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.
GNN SOLUTIONS
Largest movements
- Tangible fixed assets +€52,205
up €52,205 (+260%), from €20,107 to €72,313
- Receivables within one year +€35,832
up €35,832 (+56.0%), from €63,971 to €99,803
of which Other amounts receivable: +€35,225
- Cash +€17,691
up €17,691 (+232%), from €7,609 to €25,300
mainly Debts after one year (+€44,661) and Tax, wage and social debts (+€36,706)
- Deferred charges and accrued income +€3,098
up €3,098 (+1,089%), from €284 to €3,383
- Debts after one year +€44,661
new in 2025: €44,661
- Tax, wage and social debts +€36,706
up €36,706 (+106%), from €34,771 to €71,477
of which Remuneration and social security: +€32,971
- Profit (loss) carried forward +€17,648
up €17,648 (+40.2%), from €43,905 to €61,553
- Current portion of long-term debt +€11,651
new in 2025: €11,651
- Staff costs +€255,859
up €255,859 (+574%), from €44,578 to €300,436
- Gross operating margin +€250,976
up €250,976 (+241%), from €104,278 to €355,254
- Depreciation +€11,269
up €11,269 (+793%), from €1,420 to €12,689
- Financial charges +€11,096
up €11,096 (+576%), from €1,927 to €13,023
- Taxes -€5,545
down €5,545 (-50.3%), from €11,024 to €5,479
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 | €91,972 | €200,798 | +€108,826 | +118% |
| Fixed assets | 21/28 | €20,107 | €72,313 | +€52,205 | +260% |
| Tangible fixed assets | 22/27 | €20,107 | €72,313 | +€52,205 | +260% |
| Furniture and vehicles | 24 | €20,107 | €72,313 | +€52,205 | +260% |
| Current assets | 29/58 | €71,865 | €128,485 | +€56,621 | +78.8% |
| Amounts receivable within one year | 40/41 | €63,971 | €99,803 | +€35,832 | +56.0% |
| Trade receivables | 40 | €56,337 | €56,944 | +€607 | +1.1% |
| Other amounts receivable | 41 | €7,633 | €42,858 | +€35,225 | +461% |
| Cash at bank and in hand | 54/58 | €7,609 | €25,300 | +€17,691 | +232% |
| Deferred charges and accrued income | 490/1 | €284 | €3,383 | +€3,098 | +1,089% |
| Total equity and liabilities | 10/49 | €91,972 | €200,798 | +€108,826 | +118% |
| Equity | 10/15 | €53,905 | €71,553 | +€17,648 | +32.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €43,905 | €61,553 | +€17,648 | +40.2% |
| Amounts payable | 17/49 | €38,067 | €129,245 | +€91,178 | +240% |
| Amounts payable after more than one year | 17 | - | €44,661 | +€44,661 | |
| Financial debts | 170/4 | - | €44,661 | +€44,661 | |
| Amounts payable within one year | 42/48 | €38,067 | €84,584 | +€46,517 | +122% |
| Current portion of amounts payable after more than one year | 42 | - | €11,651 | +€11,651 | |
| Trade debts | 44 | €1,332 | €1,456 | +€123 | +9.3% |
| Suppliers | 440/4 | €1,332 | €1,456 | +€123 | +9.3% |
| Taxes, remuneration and social security | 45 | €34,771 | €71,477 | +€36,706 | +106% |
| Taxes | 450/3 | €12,769 | €16,504 | +€3,735 | +29.2% |
| Remuneration and social security | 454/9 | €22,002 | €54,974 | +€32,971 | +150% |
| Other amounts payable | 47/48 | €1,963 | - | -€1,963 | |
| Remuneration, social security and pensions | 62 | €44,578 | €300,436 | +€255,859 | +574% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,420 | €12,689 | +€11,269 | +793% |
| Other operating charges | 640/8 | €1,423 | €6,009 | +€4,586 | +322% |
| Gross operating margin | 9900 | €104,278 | €355,254 | +€250,976 | +241% |
| Operating profit (loss) | 9901 | €56,856 | €36,119 | -€20,737 | -36.5% |
| Financial income | 75/76B | - | €31 | +€31 | |
| Recurring financial income | 75 | - | €31 | +€31 | |
| Financial charges | 65/66B | €1,927 | €13,023 | +€11,096 | +576% |
| Recurring financial charges | 65 | €1,927 | €13,023 | +€11,096 | +576% |
| Profit (loss) for the period before taxes | 9903 | €54,929 | €23,127 | -€31,802 | -57.9% |
| Income taxes | 67/77 | €11,024 | €5,479 | -€5,545 | -50.3% |
| Profit (loss) for the period | 9904 | €43,905 | €17,648 | -€26,258 | -59.8% |
| Profit (loss) for the period to be appropriated | 9905 | €43,905 | €17,648 | -€26,258 | -59.8% |
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 14 October 2026 via checked.be.