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GT LIVING: what changed

What changed

GT LIVING

BE 0801.453.491
NACE 68.110, Buying and selling of own real estate
filed annual accounts (NBB)
Financial years compared with
Net result for the year
-€4,585
2024 · €13,634-€18,220
Equity
€3,046
2024 · €37,631-€34,585
Cash
€6,918
2024 · €40,895-€33,977
Balance sheet total
€7,415
2024 · €41,286-€33,871

Largest movements

2024 to 2025
Assets
  • Cash -€33,977

    down €33,977 (-83.1%), from €40,895 to €6,918

    mainly Contributions, distributions and other (-€30,000) and Net result for the year (-€4,585)

Equity and liabilities
  • Contributions -€26,571

    down €26,571 (-88.6%), from €30,000 to €3,429

  • Profit (loss) carried forward -€8,014

    down €8,014, from €7,631 to -€383

  • Tax, wage and social debts +€515

    up €515 (+20.2%), from €2,550 to €3,065

Income statement
  • Gross operating margin -€24,419

    down €24,419, from €19,372 to -€5,047

  • Taxes -€3,064

    down €3,064, from €2,550 to -€514

  • Financial charges -€2,358

    down €2,358 (-97.8%), from €2,410 to €53

  • Other operating charges -€777

    no longer reported in 2025 (was €777)

Change in the result, 2024 to 2025

effect on the result

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 €13,634
Gross operating margin -€24,419
Other operating charges +€777
Financial charges +€2,358
Taxes +€3,064
Result 2025 -€4,585
raises the resultlowers the result

Derived cash bridge

cash 2024 to 2025

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 -€3,977
Investment €0
Financing -€30,000
Cash 2024 €40,895
Net result for the year -€4,585
Receivables within one year -€106
Trade debts +€200
Tax, wage and social debts +€515
Contributions, distributions and other -€30,000
Cash 2025 €6,918
brings cash intakes cash out
Every line side by side 26 lines
Line Code 2024 2025 Change %
Total assets 20/58 €41,286 €7,415 -€33,871 -82.0%
Current assets 29/58 €41,286 €7,415 -€33,871 -82.0%
Amounts receivable within one year 40/41 €391 €497 +€106 +27.0%
Other amounts receivable 41 €391 €497 +€106 +27.0%
Cash at bank and in hand 54/58 €40,895 €6,918 -€33,977 -83.1%
Total equity and liabilities 10/49 €41,286 €7,415 -€33,871 -82.0%
Equity 10/15 €37,631 €3,046 -€34,585 -91.9%
Contributions 10/11 €30,000 €3,429 -€26,571 -88.6%
Profit (loss) carried forward 14 €7,631 -€383 -€8,014
Amounts payable 17/49 €3,655 €4,369 +€715 +19.6%
Amounts payable within one year 42/48 €3,655 €4,369 +€715 +19.6%
Trade debts 44 €1,002 €1,202 +€200 +19.9%
Suppliers 440/4 €1,002 €1,202 +€200 +19.9%
Taxes, remuneration and social security 45 €2,550 €3,065 +€515 +20.2%
Taxes 450/3 €2,550 €3,065 +€515 +20.2%
Other amounts payable 47/48 €103 €103 = 0.0%
Non-recurring operating income 76A €11,457 - -€11,457
Other operating charges 640/8 €777 - -€777
Gross operating margin 9900 €19,372 -€5,047 -€24,419
Operating profit (loss) 9901 €18,595 -€5,047 -€23,641
Financial charges 65/66B €2,410 €53 -€2,358 -97.8%
Recurring financial charges 65 €2,410 €53 -€2,358 -97.8%
Profit (loss) for the period before taxes 9903 €16,184 -€5,099 -€21,284
Income taxes 67/77 €2,550 -€514 -€3,064
Profit (loss) for the period 9904 €13,634 -€4,585 -€18,220
Profit (loss) for the period to be appropriated 9905 €13,634 -€4,585 -€18,220
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 5 November 2026 via checked.be.