GROUPE GAONE: what changed
What changed
GROUPE GAONE
NACE 68.310, Real estate agency activities
filed annual accounts (NBB)
Net result for the year
-€120,473
2024 · €2.0m-€2.1m
Equity
€8.9m
2024 · €9.0m-€120,473
Cash
€132,272
2024 · €187,823-€55,551
Balance sheet total
€27.0m
2024 · €27.3m-€242,783
Largest movements
Assets
- Tangible fixed assets -€852,782
down €852,782 (-4.8%), from €17.6m to €16.8m
of which Land and buildings: -€808,270
- Financial fixed assets +€701,375
up €701,375 (+9.9%), from €7.1m to €7.8m
of which Affiliated companies: +€701,375
Equity and liabilities
- Other debts +€1.4m
up €1.4m (+38.7%), from €3.7m to €5.2m
- Debts after one year -€1.1m
down €1.1m (-8.6%), from €12.4m to €11.3m
of which Financial debts: -€1.1m
- Short-term financial debts -€337,677
down €337,677 (-85.9%), from €393,231 to €55,554
Income statement
- Financial income -€2.1m
down €2.1m (-99.5%), from €2.1m to €10,895
- Other operating charges +€106,805
up €106,805 (+102%), from €104,680 to €211,484
- Financial charges -€95,519
down €95,519 (-17.3%), from €550,557 to €455,038
- Services and other goods +€68,927
up €68,927 (+11.6%), from €591,776 to €660,702
- Turnover +€60,627
up €60,627 (+2.5%), from €2.4m to €2.5m
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€2.0m
Turnover
+€60,627
Other operating income
-€9,240
Services and other goods
-€68,927
Staff costs
+€26,458
Depreciation
-€28,570
Other operating charges
-€106,805
Other operating items
+€68,778
Financial income
-€2.1m
Financial charges
+€95,519
Taxes
-€8,964
Deferred taxes and other
-€4,070
Result 2025
-€120,473
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€2.3m
Investment
-€859,288
Financing
-€1.5m
Cash 2024
€187,823
From operations (derived)
+€2.3m
Net result for the year
-€120,473
Depreciation
+€1.0m
Receivables after one year
-€75,000
Receivables within one year
+€111,520
Deferred charges and accrued income
-€4,294
Provisions
-€25,663
Trade debts
+€9,932
Tax, wage and social debts
-€46,443
Other debts
+€1.4m
Accrued charges and deferred income
+€3,654
Investment (derived)
-€859,288
Investment in fixed assets (net)
-€862,888
Current investments
+€3,600
Financing
-€1.5m
Debts after one year
-€1.1m
Current portion of long-term debt
-€100,545
Short-term financial debts
-€337,677
Cash 2025
€132,272
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €27,292,365 | €27,049,581 | -€242,783 | -0.9% |
| Fixed assets | 21/28 | €24,703,003 | €24,551,596 | -€151,407 | -0.6% |
| Tangible fixed assets | 22/27 | €17,645,678 | €16,792,896 | -€852,782 | -4.8% |
| Land and buildings | 22 | €17,580,031 | €16,771,762 | -€808,270 | -4.6% |
| Plant, machinery and equipment | 23 | €12,234 | €14,049 | +€1,815 | +14.8% |
| Furniture and vehicles | 24 | €21,743 | €1,099 | -€20,644 | -94.9% |
| Leasing and similar rights | 25 | €9,213 | €5,986 | -€3,226 | -35.0% |
| Assets under construction and advance payments | 27 | €22,456 | - | -€22,456 | |
| Financial fixed assets | 28 | €7,057,325 | €7,758,700 | +€701,375 | +9.9% |
| Affiliated companies | 280/1 | €7,054,724 | €7,756,099 | +€701,375 | +9.9% |
| Participating interests | 280 | €7,054,724 | €7,756,099 | +€701,375 | +9.9% |
| Other financial fixed assets | 284/8 | €2,601 | €2,601 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €2,601 | €2,601 | = | 0.0% |
| Current assets | 29/58 | €2,589,362 | €2,497,986 | -€91,376 | -3.5% |
| Amounts receivable after more than one year | 29 | - | €75,000 | +€75,000 | |
| Other amounts receivable | 291 | - | €75,000 | +€75,000 | |
| Amounts receivable within one year | 40/41 | €1,316,557 | €1,205,037 | -€111,520 | -8.5% |
| Trade receivables | 40 | €907,760 | €484,595 | -€423,165 | -46.6% |
| Other amounts receivable | 41 | €408,797 | €720,442 | +€311,645 | +76.2% |
| Current investments | 50/53 | €1,054,000 | €1,050,400 | -€3,600 | -0.3% |
| Other investments | 51/53 | €1,054,000 | €1,050,400 | -€3,600 | -0.3% |
| Cash at bank and in hand | 54/58 | €187,823 | €132,272 | -€55,551 | -29.6% |
| Deferred charges and accrued income | 490/1 | €30,983 | €35,277 | +€4,294 | +13.9% |
| Total equity and liabilities | 10/49 | €27,292,365 | €27,049,581 | -€242,783 | -0.9% |
| Equity | 10/15 | €9,015,068 | €8,894,595 | -€120,473 | -1.3% |
| Contributions | 10/11 | €3,688,543 | €3,688,543 | = | 0.0% |
| Reserves | 13 | €1,836,016 | €1,786,200 | -€49,816 | -2.7% |
| Tax-exempt reserves | 132 | €928,972 | €879,156 | -€49,816 | -5.4% |
| Distributable reserves | 133 | €907,044 | €907,044 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,490,508 | €3,419,851 | -€70,657 | -2.0% |
| Provisions and deferred taxes | 16 | €248,040 | €222,377 | -€25,663 | -10.3% |
| Deferred taxes | 168 | €248,040 | €222,377 | -€25,663 | -10.3% |
| Amounts payable | 17/49 | €18,029,257 | €17,932,610 | -€96,648 | -0.5% |
| Amounts payable after more than one year | 17 | €12,404,017 | €11,339,937 | -€1.1m | -8.6% |
| Financial debts | 170/4 | €12,390,229 | €11,327,799 | -€1.1m | -8.6% |
| Credit institutions | 173 | €12,390,229 | €11,327,799 | -€1.1m | -8.6% |
| Other amounts payable | 178/9 | €13,787 | €12,137 | -€1,650 | -12.0% |
| Amounts payable within one year | 42/48 | €5,575,578 | €6,539,356 | +€963,778 | +17.3% |
| Current portion of amounts payable after more than one year | 42 | €1,161,637 | €1,061,092 | -€100,545 | -8.7% |
| Financial debts | 43 | €393,231 | €55,554 | -€337,677 | -85.9% |
| Other loans | 439 | €393,231 | €55,554 | -€337,677 | -85.9% |
| Trade debts | 44 | €104,283 | €114,215 | +€9,932 | +9.5% |
| Suppliers | 440/4 | €104,283 | €114,215 | +€9,932 | +9.5% |
| Taxes, remuneration and social security | 45 | €198,906 | €152,463 | -€46,443 | -23.3% |
| Taxes | 450/3 | €109,936 | €78,050 | -€31,887 | -29.0% |
| Remuneration and social security | 454/9 | €88,970 | €74,414 | -€14,556 | -16.4% |
| Other amounts payable | 47/48 | €3,717,521 | €5,156,032 | +€1.4m | +38.7% |
| Accrued charges and deferred income | 492/3 | €49,663 | €53,317 | +€3,654 | +7.4% |
| Operating income | 70/76A | €2,533,429 | €2,606,093 | +€72,664 | +2.9% |
| Turnover | 70 | €2,406,626 | €2,467,253 | +€60,627 | +2.5% |
| Other operating income | 74 | €107,101 | €97,861 | -€9,240 | -8.6% |
| Non-recurring operating income | 76A | €19,702 | €40,979 | +€21,278 | +108% |
| Operating charges | 60/66A | €2,167,291 | €2,297,634 | +€130,343 | +6.0% |
| Services and other goods | 61 | €591,776 | €660,702 | +€68,927 | +11.6% |
| Remuneration, social security and pensions | 62 | €437,611 | €411,153 | -€26,458 | -6.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €985,725 | €1,014,295 | +€28,570 | +2.9% |
| Other operating charges | 640/8 | €104,680 | €211,484 | +€106,805 | +102% |
| Non-recurring operating charges | 66A | €47,500 | - | -€47,500 | |
| Operating profit (loss) | 9901 | €366,138 | €308,459 | -€57,679 | -15.8% |
| Financial income | 75/76B | €2,108,311 | €10,895 | -€2.1m | -99.5% |
| Recurring financial income | 75 | €2,108,311 | €10,895 | -€2.1m | -99.5% |
| Income from financial fixed assets | 750 | - | €6,410 | +€6,410 | |
| Income from current assets | 751 | €2,100,860 | €4,482 | -€2.1m | -99.8% |
| Other financial income | 752/9 | €7,452 | €3 | -€7,448 | -100.0% |
| Financial charges | 65/66B | €550,557 | €455,038 | -€95,519 | -17.3% |
| Recurring financial charges | 65 | €550,557 | €455,038 | -€95,519 | -17.3% |
| Debt charges | 650 | €300,733 | €284,154 | -€16,579 | -5.5% |
| Other financial charges | 652/9 | €249,824 | €170,884 | -€78,940 | -31.6% |
| Profit (loss) for the period before taxes | 9903 | €1,923,892 | -€135,684 | -€2.1m | |
| Transfer from deferred taxes | 780 | €29,733 | €25,663 | -€4,070 | -13.7% |
| Income taxes | 67/77 | €1,488 | €10,452 | +€8,964 | +602% |
| Taxes | 670/3 | €1,488 | €10,452 | +€8,964 | +602% |
| Profit (loss) for the period | 9904 | €1,952,137 | -€120,473 | -€2.1m | |
| Transfer from tax-exempt reserves | 789 | €235,717 | €49,816 | -€185,901 | -78.9% |
| Profit (loss) for the period to be appropriated | 9905 | €2,187,854 | -€70,657 | -€2.3m |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.