GT Law: 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.
GT Law
Largest movements
- Cash +€14,599
up €14,599 (+53.5%), from €27,283 to €41,883
mainly Net result for the year (+€19,974) and Other debts (+€6,945)
- Receivables within one year +€7,762
up €7,762 (+910%), from €853 to €8,615
- Reserves +€19,974
up €19,974 (+133%), from €15,008 to €34,982
- Other debts +€6,945
up €6,945 (+449%), from €1,548 to €8,493
- Tax, wage and social debts -€4,483
down €4,483 (-51.6%), from €8,693 to €4,210
- Gross operating margin +€5,674
up €5,674 (+26.5%), from €21,384 to €27,058
- Taxes +€1,232
up €1,232 (+24.9%), from €4,956 to €6,188
- Staff costs -€759
down €759 (-65.5%), from €1,159 to €400
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 | €28,136 | €50,509 | +€22,373 | +79.5% |
| Current assets | 29/58 | €28,136 | €50,509 | +€22,373 | +79.5% |
| Amounts receivable within one year | 40/41 | €853 | €8,615 | +€7,762 | +910% |
| Trade receivables | 40 | €853 | €8,615 | +€7,762 | +910% |
| Cash at bank and in hand | 54/58 | €27,283 | €41,883 | +€14,599 | +53.5% |
| Deferred charges and accrued income | 490/1 | - | €11 | +€11 | |
| Total equity and liabilities | 10/49 | €28,136 | €50,509 | +€22,373 | +79.5% |
| Equity | 10/15 | €17,508 | €37,482 | +€19,974 | +114% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €15,008 | €34,982 | +€19,974 | +133% |
| Distributable reserves | 133 | €15,008 | €34,982 | +€19,974 | +133% |
| Amounts payable | 17/49 | €10,629 | €13,027 | +€2,399 | +22.6% |
| Amounts payable within one year | 42/48 | €10,629 | €13,027 | +€2,399 | +22.6% |
| Trade debts | 44 | €387 | €324 | -€63 | -16.4% |
| Suppliers | 440/4 | €387 | €324 | -€63 | -16.4% |
| Taxes, remuneration and social security | 45 | €8,693 | €4,210 | -€4,483 | -51.6% |
| Taxes | 450/3 | €8,693 | €4,210 | -€4,483 | -51.6% |
| Other amounts payable | 47/48 | €1,548 | €8,493 | +€6,945 | +449% |
| Remuneration, social security and pensions | 62 | €1,159 | €400 | -€759 | -65.5% |
| Other operating charges | 640/8 | €206 | €271 | +€65 | +31.8% |
| Gross operating margin | 9900 | €21,384 | €27,058 | +€5,674 | +26.5% |
| Operating profit (loss) | 9901 | €20,019 | €26,387 | +€6,368 | +31.8% |
| Financial charges | 65/66B | €56 | €225 | +€170 | +305% |
| Recurring financial charges | 65 | €56 | €225 | +€170 | +305% |
| Profit (loss) for the period before taxes | 9903 | €19,964 | €26,162 | +€6,198 | +31.0% |
| Income taxes | 67/77 | €4,956 | €6,188 | +€1,232 | +24.9% |
| Profit (loss) for the period | 9904 | €15,008 | €19,974 | +€4,966 | +33.1% |
| Profit (loss) for the period to be appropriated | 9905 | €15,008 | €19,974 | +€4,966 | +33.1% |
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 29 October 2026 via checked.be.