Group G +: what changed
Two fiscal 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.
Group G +
Largest movements
- Cash +€76,604
new in 2025: €76,604
mainly Net result for the year (+€95,485) and Current investments (+€32,819)
- Current investments -€32,819
no longer reported in 2025 (was €32,819)
- Receivables within one year +€27,515
up €27,515 (+300.5%), from €9,157 to €36,673
of which Trade receivables: +€22,956
- Tangible fixed assets +€17,495
new in 2025: €17,495
of which Furniture and vehicles: +€12,158
- Profit (loss) carried forward +€93,095
up €93,095 (+546.1%), from €17,048 to €110,143
- Tax, wage and social debts -€5,256
down €5,256 (-88.7%), from €5,928 to €672
- Turnover -€120,322
no longer reported in 2025 (was €120,322)
- Purchases and services -€76,297
no longer reported in 2025 (was €76,297)
- Gross operating margin +€73,182
up €73,182 (+166.2%), from €44,025 to €117,207
- Depreciation -€10,036
down €10,036 (-47.5%), from €21,141 to €11,105
- Staff costs +€9,867
up €9,867 (+4415.5%), from €223 to €10,091
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 | €41,976 | €130,771 | +€88,795 | +211.5% |
| Fixed assets | 21/28 | - | €17,495 | +€17,495 | |
| Tangible fixed assets | 22/27 | - | €17,495 | +€17,495 | |
| Furniture and vehicles | 24 | - | €12,158 | +€12,158 | |
| Leasing and similar rights | 25 | - | €5,336 | +€5,336 | |
| Current assets | 29/58 | €41,976 | €113,277 | +€71,300 | +169.9% |
| Amounts receivable within one year | 40/41 | €9,157 | €36,673 | +€27,515 | +300.5% |
| Trade receivables | 40 | €9,157 | €32,113 | +€22,956 | +250.7% |
| Other amounts receivable | 41 | - | €4,560 | +€4,560 | |
| Current investments | 50/53 | €32,819 | - | -€32,819 | |
| Cash at bank and in hand | 54/58 | - | €76,604 | +€76,604 | |
| Total equity and liabilities | 10/49 | €41,976 | €130,771 | +€88,795 | +211.5% |
| Equity | 10/15 | €36,048 | €129,143 | +€93,095 | +258.3% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Capital | 10 | €19,000 | €19,000 | = | 0.0% |
| Issued capital | 100 | €19,000 | €19,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,048 | €110,143 | +€93,095 | +546.1% |
| Amounts payable | 17/49 | €5,928 | €1,628 | -€4,300 | -72.5% |
| Amounts payable within one year | 42/48 | €5,928 | €1,628 | -€4,300 | -72.5% |
| Trade debts | 44 | - | €956 | +€956 | |
| Suppliers | 440/4 | - | €956 | +€956 | |
| Taxes, remuneration and social security | 45 | €5,928 | €672 | -€5,256 | -88.7% |
| Taxes | 450/3 | €5,928 | €672 | -€5,256 | -88.7% |
| Turnover | 70 | €120,322 | - | -€120,322 | |
| Goods, raw materials, services and sundry goods | 60/61 | €76,297 | - | -€76,297 | |
| Remuneration, social security and pensions | 62 | €223 | €10,091 | +€9,867 | +4415.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,141 | €11,105 | -€10,036 | -47.5% |
| Other operating charges | 640/8 | - | €53 | +€53 | |
| Gross operating margin | 9900 | €44,025 | €117,207 | +€73,182 | +166.2% |
| Operating profit (loss) | 9901 | €22,660 | €95,958 | +€73,297 | +323.5% |
| Financial income | 75/76B | €472 | - | -€472 | |
| Recurring financial income | 75 | €472 | - | -€472 | |
| Financial charges | 65/66B | €338 | €472 | +€134 | +39.8% |
| Recurring financial charges | 65 | €338 | €472 | +€134 | +39.8% |
| Profit (loss) for the period before taxes | 9903 | €22,794 | €95,485 | +€72,691 | +318.9% |
| Profit (loss) for the period | 9904 | €22,794 | €95,485 | +€72,691 | +318.9% |
| Profit (loss) for the period to be appropriated | 9905 | €22,794 | €95,485 | +€72,691 | +318.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.