GY Naissance: 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.
GY Naissance
Largest movements
- Cash +€89,583
up €89,583 (+52.6%), from €170,281 to €259,864
mainly Other debts (+€122,179) and Net result for the year (+€105,493)
- Deferred charges and accrued income +€44,956
up €44,956 (+142.3%), from €31,600 to €76,556
- Tangible fixed assets -€10,986
down €10,986 (-25.8%), from €42,512 to €31,526
- Other debts +€122,179
up €122,179 (+134.5%), from €90,811 to €212,990
- Accrued charges and deferred income +€4,138
up €4,138 (+1090.5%), from €379 to €4,518
- Gross operating margin +€71,263
up €71,263 (+59.6%), from €119,617 to €190,880
- Financial charges +€42,852
up €42,852 (+38470.2%), from €111 to €42,963
- Taxes +€5,381
up €5,381 (+21.5%), from €25,041 to €30,422
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 | €253,297 | €377,799 | +€124,502 | +49.2% |
| Fixed assets | 21/28 | €42,512 | €31,526 | -€10,986 | -25.8% |
| Tangible fixed assets | 22/27 | €42,512 | €31,526 | -€10,986 | -25.8% |
| Furniture and vehicles | 24 | €42,512 | €31,526 | -€10,986 | -25.8% |
| Current assets | 29/58 | €210,785 | €346,273 | +€135,488 | +64.3% |
| Amounts receivable within one year | 40/41 | €3,487 | €1,996 | -€1,491 | -42.8% |
| Other amounts receivable | 41 | €3,487 | €1,996 | -€1,491 | -42.8% |
| Current investments | 50/53 | €5,418 | €7,857 | +€2,440 | +45.0% |
| Cash at bank and in hand | 54/58 | €170,281 | €259,864 | +€89,583 | +52.6% |
| Deferred charges and accrued income | 490/1 | €31,600 | €76,556 | +€44,956 | +142.3% |
| Total equity and liabilities | 10/49 | €253,297 | €377,799 | +€124,502 | +49.2% |
| Equity | 10/15 | €154,775 | €154,775 | = | 0.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €151,775 | €151,775 | = | 0.0% |
| Distributable reserves | 133 | €151,775 | €151,775 | = | 0.0% |
| Amounts payable | 17/49 | €98,522 | €223,025 | +€124,502 | +126.4% |
| Amounts payable within one year | 42/48 | €98,143 | €218,507 | +€120,364 | +122.6% |
| Trade debts | 44 | €5,086 | €3,339 | -€1,747 | -34.3% |
| Suppliers | 440/4 | €5,086 | €3,339 | -€1,747 | -34.3% |
| Taxes, remuneration and social security | 45 | €2,246 | €2,178 | -€68 | -3.0% |
| Remuneration and social security | 454/9 | €2,246 | €2,178 | -€68 | -3.0% |
| Other amounts payable | 47/48 | €90,811 | €212,990 | +€122,179 | +134.5% |
| Accrued charges and deferred income | 492/3 | €379 | €4,518 | +€4,138 | +1090.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,770 | €11,965 | +€195 | +1.7% |
| Other operating charges | 640/8 | €535 | €202 | -€333 | -62.3% |
| Gross operating margin | 9900 | €119,617 | €190,880 | +€71,263 | +59.6% |
| Operating profit (loss) | 9901 | €107,311 | €178,713 | +€71,402 | +66.5% |
| Financial income | 75/76B | €126 | €165 | +€39 | +30.6% |
| Recurring financial income | 75 | €126 | €165 | +€39 | +30.6% |
| Financial charges | 65/66B | €111 | €42,963 | +€42,852 | +38470.2% |
| Recurring financial charges | 65 | €111 | €42,963 | +€42,852 | +38470.2% |
| Profit (loss) for the period before taxes | 9903 | €107,326 | €135,915 | +€28,589 | +26.6% |
| Income taxes | 67/77 | €25,041 | €30,422 | +€5,381 | +21.5% |
| Profit (loss) for the period | 9904 | €82,286 | €105,493 | +€23,208 | +28.2% |
| Profit (loss) for the period to be appropriated | 9905 | €82,286 | €105,493 | +€23,208 | +28.2% |
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 10 October 2026 via checked.be.