de GHELLINCK TECHNOLOGIES: what changed
Two fiscal 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.
de GHELLINCK TECHNOLOGIES
Largest movements
- Cash -€8,916
down €8,916 (-99.2%), from €8,990 to €74
mainly Contributions, distributions and other (-€6,495) and Receivables within one year (-€6,210)
- Receivables within one year +€6,210
up €6,210 (+53.6%), from €11,591 to €17,801
of which Other amounts receivable: +€3,455
- Deferred charges and accrued income +€899
up €899 (+278.4%), from €323 to €1,221
- Advances received -€5,473
no longer reported in 2024 (was €5,473)
- Tax, wage and social debts +€5,186
up €5,186 (+120.3%), from €4,310 to €9,496
of which Taxes: +€6,507
- Profit (loss) carried forward -€2,153
no longer reported in 2024 (was €2,153)
- Trade debts +€533
up €533 (+10.7%), from €4,955 to €5,488
- Staff costs +€11,931
up €11,931 (+297.3%), from €4,013 to €15,944
- Gross operating margin +€9,096
up €9,096 (+55.9%), from €16,261 to €25,357
- Financial charges +€896
up €896 (+583.0%), from €154 to €1,050
- Depreciation -€735
no longer reported in 2024 (was €735)
- Other operating charges +€644
up €644 (+75.8%), from €849 to €1,493
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €20,903 | €19,096 | -€1,807 | -8.6% |
| Current assets | 29/58 | €20,903 | €19,096 | -€1,807 | -8.6% |
| Amounts receivable within one year | 40/41 | €11,591 | €17,801 | +€6,210 | +53.6% |
| Trade receivables | 40 | €7,418 | €10,174 | +€2,756 | +37.1% |
| Other amounts receivable | 41 | €4,172 | €7,627 | +€3,455 | +82.8% |
| Cash at bank and in hand | 54/58 | €8,990 | €74 | -€8,916 | -99.2% |
| Deferred charges and accrued income | 490/1 | €323 | €1,221 | +€899 | +278.4% |
| Total equity and liabilities | 10/49 | €20,903 | €19,096 | -€1,807 | -8.6% |
| Equity | 10/15 | €6,153 | €4,000 | -€2,153 | -35.0% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,153 | - | -€2,153 | |
| Amounts payable | 17/49 | €14,750 | €15,096 | +€346 | +2.3% |
| Amounts payable within one year | 42/48 | €14,738 | €14,984 | +€246 | +1.7% |
| Trade debts | 44 | €4,955 | €5,488 | +€533 | +10.7% |
| Suppliers | 440/4 | €4,955 | €5,488 | +€533 | +10.7% |
| Advances received on contracts in progress | 46 | €5,473 | - | -€5,473 | |
| Taxes, remuneration and social security | 45 | €4,310 | €9,496 | +€5,186 | +120.3% |
| Taxes | 450/3 | €2,779 | €9,287 | +€6,507 | +234.2% |
| Remuneration and social security | 454/9 | €1,531 | €210 | -€1,322 | -86.3% |
| Accrued charges and deferred income | 492/3 | €12 | €112 | +€100 | +870.9% |
| Remuneration, social security and pensions | 62 | €4,013 | €15,944 | +€11,931 | +297.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €735 | - | -€735 | |
| Other operating charges | 640/8 | €849 | €1,493 | +€644 | +75.8% |
| Non-recurring operating charges | 66A | - | €463 | +€463 | |
| Gross operating margin | 9900 | €16,261 | €25,357 | +€9,096 | +55.9% |
| Operating profit (loss) | 9901 | €10,664 | €7,457 | -€3,207 | -30.1% |
| Financial income | 75/76B | €854 | €369 | -€485 | -56.8% |
| Recurring financial income | 75 | €131 | €369 | +€238 | +181.6% |
| Non-recurring financial income | 76B | €723 | - | -€723 | |
| Financial charges | 65/66B | €154 | €1,050 | +€896 | +583.0% |
| Recurring financial charges | 65 | €154 | €1,050 | +€896 | +583.0% |
| Profit (loss) for the period before taxes | 9903 | €11,364 | €6,776 | -€4,589 | -40.4% |
| Income taxes | 67/77 | €2,148 | €2,434 | +€285 | +13.3% |
| Profit (loss) for the period | 9904 | €9,216 | €4,342 | -€4,874 | -52.9% |
| Profit (loss) for the period to be appropriated | 9905 | €9,216 | €4,342 | -€4,874 | -52.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.