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GNSports: 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.

What changed

GNSports

BE 0790.680.751
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€40,381
2024 · €14,985+€25,396
Equity
€42,569
2024 · €2,187+€40,381
Cash
€46,929
2024 · €11,814+€35,115
Balance sheet total
€60,103
2024 · €36,824+€23,279

Largest movements

2024 to 2025
Assets
  • Cash +€35,115

    up €35,115 (+297%), from €11,814 to €46,929

    mainly Net result for the year (+€40,381) and Investment in fixed assets (net) (+€12,211)

  • Tangible fixed assets -€12,211

    no longer reported in 2025 (was €12,211)

Equity and liabilities
  • Profit (loss) carried forward +€40,381

    up €40,381 (+21,540%), from €187 to €40,569

  • Other debts -€15,000

    no longer reported in 2025 (was €15,000)

  • Trade debts -€12,502

    down €12,502 (-81.0%), from €15,437 to €2,935

  • Tax, wage and social debts +€10,400

    up €10,400 (+248%), from €4,200 to €14,600

Income statement
  • Gross operating margin +€32,270

    up €32,270 (+109%), from €29,624 to €61,893

  • Financial charges +€10,181

    up €10,181 (+6,126%), from €166 to €10,347

  • Depreciation -€9,858

    no longer reported in 2025 (was €9,858)

  • Taxes +€6,208

    up €6,208 (+148%), from €4,192 to €10,400

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €14,985
Gross operating margin +€32,270
Staff costs -€11
Depreciation +€9,858
Other operating charges -€331
Financial charges -€10,181
Taxes -€6,208
Result 2025 €40,381
raises the resultlowers the result

Derived cash bridge

cash 2024 to 2025

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.

From operations +€22,904
Investment +€12,211
Financing €0
Cash 2024 €11,814
Net result for the year +€40,381
Receivables within one year -€376
Trade debts -€12,502
Tax, wage and social debts +€10,400
Other debts -€15,000
Investment in fixed assets (net) +€12,211
Cash 2025 €46,929
brings cash intakes cash out
Every line side by side 32 lines
Line Code 2024 2025 Change %
Total assets 20/58 €36,824 €60,103 +€23,279 +63.2%
Fixed assets 21/28 €12,211 - -€12,211
Tangible fixed assets 22/27 €12,211 - -€12,211
Furniture and vehicles 24 €12,211 - -€12,211
Current assets 29/58 €24,613 €60,103 +€35,490 +144%
Amounts receivable within one year 40/41 €12,799 €13,175 +€376 +2.9%
Other amounts receivable 41 €12,799 €13,175 +€376 +2.9%
Cash at bank and in hand 54/58 €11,814 €46,929 +€35,115 +297%
Total equity and liabilities 10/49 €36,824 €60,103 +€23,279 +63.2%
Equity 10/15 €2,187 €42,569 +€40,381 +1,846%
Contributions 10/11 €2,000 €2,000 = 0.0%
Contributions outside capital 11 €2,000 - -€2,000
Other 1109/19 €2,000 - -€2,000
Profit (loss) carried forward 14 €187 €40,569 +€40,381 +21,540%
Amounts payable 17/49 €34,637 €17,535 -€17,102 -49.4%
Amounts payable within one year 42/48 €34,637 €17,535 -€17,102 -49.4%
Trade debts 44 €15,437 €2,935 -€12,502 -81.0%
Suppliers 440/4 €15,437 €2,935 -€12,502 -81.0%
Taxes, remuneration and social security 45 €4,200 €14,600 +€10,400 +248%
Taxes 450/3 €4,200 €14,600 +€10,400 +248%
Other amounts payable 47/48 €15,000 - -€15,000
Remuneration, social security and pensions 62 - €11 +€11
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €9,858 - -€9,858
Other operating charges 640/8 €423 €754 +€331 +78.4%
Gross operating margin 9900 €29,624 €61,893 +€32,270 +109%
Operating profit (loss) 9901 €19,343 €61,128 +€41,785 +216%
Financial charges 65/66B €166 €10,347 +€10,181 +6,126%
Recurring financial charges 65 €166 €10,347 +€10,181 +6,126%
Profit (loss) for the period before taxes 9903 €19,176 €50,781 +€31,605 +165%
Income taxes 67/77 €4,192 €10,400 +€6,208 +148%
Profit (loss) for the period 9904 €14,985 €40,381 +€25,396 +169%
Profit (loss) for the period to be appropriated 9905 €14,985 €40,381 +€25,396 +169%

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 19 October 2026 via checked.be.