GnT: 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.
GnT
Largest movements
- Cash +€5,542
up €5,542 (+72.7%), from €7,619 to €13,160
mainly Net result for the year (+€3,346) and Tax, wage and social debts (+€1,215)
- Receivables within one year -€664
down €664 (-82.9%), from €800 to €137
- Profit (loss) carried forward +€3,346
up €3,346 (+216%), from €1,551 to €4,897
- Tax, wage and social debts +€1,215
up €1,215 (+580%), from €209 to €1,425
- Trade debts +€317
new in 2025: €317
- Gross operating margin +€4,101
up €4,101 (+266%), from €1,541 to €5,641
- Taxes +€1,215
up €1,215 (+580%), from €209 to €1,425
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 | €8,419 | €13,297 | +€4,878 | +57.9% |
| Current assets | 29/58 | €8,419 | €13,297 | +€4,878 | +57.9% |
| Amounts receivable within one year | 40/41 | €800 | €137 | -€664 | -82.9% |
| Other amounts receivable | 41 | €800 | €137 | -€664 | -82.9% |
| Cash at bank and in hand | 54/58 | €7,619 | €13,160 | +€5,542 | +72.7% |
| Total equity and liabilities | 10/49 | €8,419 | €13,297 | +€4,878 | +57.9% |
| Equity | 10/15 | €7,809 | €11,156 | +€3,346 | +42.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €59 | €59 | = | 0.0% |
| Non-distributable reserves | 130/1 | €59 | €59 | = | 0.0% |
| Reserves not available under the articles | 1311 | €59 | €59 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,551 | €4,897 | +€3,346 | +216% |
| Amounts payable | 17/49 | €609 | €2,141 | +€1,532 | +251% |
| Amounts payable within one year | 42/48 | €609 | €2,141 | +€1,532 | +251% |
| Trade debts | 44 | - | €317 | +€317 | |
| Suppliers | 440/4 | - | €317 | +€317 | |
| Taxes, remuneration and social security | 45 | €209 | €1,425 | +€1,215 | +580% |
| Taxes | 450/3 | €209 | €1,425 | +€1,215 | +580% |
| Other amounts payable | 47/48 | €400 | €400 | = | 0.0% |
| Other operating charges | 640/8 | €767 | €798 | +€31 | +4.1% |
| Gross operating margin | 9900 | €1,541 | €5,641 | +€4,101 | +266% |
| Operating profit (loss) | 9901 | €774 | €4,843 | +€4,069 | +526% |
| Financial charges | 65/66B | €67 | €72 | +€5 | +7.4% |
| Recurring financial charges | 65 | €67 | €72 | +€5 | +7.4% |
| Profit (loss) for the period before taxes | 9903 | €706 | €4,771 | +€4,064 | +575% |
| Income taxes | 67/77 | €209 | €1,425 | +€1,215 | +580% |
| Profit (loss) for the period | 9904 | €497 | €3,346 | +€2,849 | +573% |
| Profit (loss) for the period to be appropriated | 9905 | €497 | €3,346 | +€2,849 | +573% |
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 17 October 2026 via checked.be.