GT Avocat: what changed
GT Avocat
Largest movements
- Cash +€48,923
up €48,923 (+43.9%), from €111,440 to €160,364
mainly Net result for the year (+€63,047) and Depreciation (+€25,490)
- Tangible fixed assets -€25,490
down €25,490 (-38.6%), from €66,015 to €40,525
of which Furniture and vehicles: -€24,558
- Receivables within one year -€12,330
down €12,330 (-51.9%), from €23,777 to €11,447
of which Other amounts receivable: -€13,364
- Reserves +€63,047
up €63,047 (+55.2%), from €114,200 to €177,247
- Other debts -€40,514
down €40,514 (-100%), from €40,514 to €0
- Debts after one year -€6,039
down €6,039 (-12.0%), from €50,385 to €44,346
- Tax, wage and social debts -€4,656
down €4,656 (-11.7%), from €39,856 to €35,199
- Gross operating margin +€35,410
up €35,410 (+46.5%), from €76,091 to €111,500
- Depreciation +€15,564
up €15,564 (+157%), from €9,926 to €25,490
- Taxes +€4,273
up €4,273 (+29.9%), from €14,276 to €18,549
- Financial charges +€2,262
up €2,262 (+210%), from €1,075 to €3,338
- Other operating charges -€1,782
down €1,782 (-74.0%), from €2,408 to €626
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €262,339 | €275,535 | +€13,196 | +5.0% |
| Fixed assets | 21/28 | €126,210 | €100,794 | -€25,415 | -20.1% |
| Tangible fixed assets | 22/27 | €66,015 | €40,525 | -€25,490 | -38.6% |
| Plant, machinery and equipment | 23 | €2,674 | €1,742 | -€932 | -34.9% |
| Furniture and vehicles | 24 | €63,342 | €38,783 | -€24,558 | -38.8% |
| Financial fixed assets | 28 | €60,194 | €60,270 | +€75 | +0.1% |
| Current assets | 29/58 | €136,130 | €174,741 | +€38,612 | +28.4% |
| Amounts receivable within one year | 40/41 | €23,777 | €11,447 | -€12,330 | -51.9% |
| Trade receivables | 40 | €7,514 | €8,548 | +€1,034 | +13.8% |
| Other amounts receivable | 41 | €16,263 | €2,899 | -€13,364 | -82.2% |
| Cash at bank and in hand | 54/58 | €111,440 | €160,364 | +€48,923 | +43.9% |
| Deferred charges and accrued income | 490/1 | €912 | €2,930 | +€2,018 | +221% |
| Total equity and liabilities | 10/49 | €262,339 | €275,535 | +€13,196 | +5.0% |
| Equity | 10/15 | €124,200 | €187,247 | +€63,047 | +50.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €114,200 | €177,247 | +€63,047 | +55.2% |
| Distributable reserves | 133 | €114,200 | €177,247 | +€63,047 | +55.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €138,139 | €88,289 | -€49,851 | -36.1% |
| Amounts payable after more than one year | 17 | €50,385 | €44,346 | -€6,039 | -12.0% |
| Financial debts | 170/4 | €50,385 | €44,346 | -€6,039 | -12.0% |
| Amounts payable within one year | 42/48 | €87,754 | €43,916 | -€43,838 | -50.0% |
| Current portion of amounts payable after more than one year | 42 | €5,697 | €6,039 | +€341 | +6.0% |
| Trade debts | 44 | €1,687 | €2,679 | +€991 | +58.8% |
| Suppliers | 440/4 | €1,687 | €2,679 | +€991 | +58.8% |
| Taxes, remuneration and social security | 45 | €39,856 | €35,199 | -€4,656 | -11.7% |
| Taxes | 450/3 | €39,856 | €35,199 | -€4,656 | -11.7% |
| Other amounts payable | 47/48 | €40,514 | €0 | -€40,514 | -100% |
| Accrued charges and deferred income | 492/3 | €0 | €26 | +€26 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,926 | €25,490 | +€15,564 | +157% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,475 | €952 | -€523 | -35.5% |
| Other operating charges | 640/8 | €2,408 | €626 | -€1,782 | -74.0% |
| Gross operating margin | 9900 | €76,091 | €111,500 | +€35,410 | +46.5% |
| Operating profit (loss) | 9901 | €62,281 | €84,432 | +€22,151 | +35.6% |
| Financial income | 75/76B | €734 | €501 | -€233 | -31.7% |
| Recurring financial income | 75 | €734 | €501 | -€233 | -31.7% |
| Financial charges | 65/66B | €1,075 | €3,338 | +€2,262 | +210% |
| Recurring financial charges | 65 | €1,075 | €3,338 | +€2,262 | +210% |
| Profit (loss) for the period before taxes | 9903 | €61,939 | €81,596 | +€19,656 | +31.7% |
| Income taxes | 67/77 | €14,276 | €18,549 | +€4,273 | +29.9% |
| Profit (loss) for the period | 9904 | €47,664 | €63,047 | +€15,383 | +32.3% |
| Profit (loss) for the period to be appropriated | 9905 | €47,664 | €63,047 | +€15,383 | +32.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.