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Fondation Gingo: 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.

What changed

Fondation Gingo

BE 0631.766.542
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€2,057
2023 · -€292,214+€290,157
Equity
€5,614
2023 · €7,670-€2,057
Cash
€6,570
2023 · €7,247-€677
Balance sheet total
€6,570
2023 · €7,670-€1,100

Largest movements

2023 to 2024
Assets
  • Cash -€677

    down €677 (-9.3%), from €7,247 to €6,570

    mainly Net result for the year (-€2,057)

  • Receivables within one year -€424

    no longer reported in 2024 (was €424)

Equity and liabilities
  • Profit (loss) carried forward -€2,057

    down €2,057 (-5.0%), from -€41,330 to -€43,387

  • Debts within one year +€957

    new in 2024: €957

Income statement
  • Gross operating margin +€214,699

    up €214,699 (+99.1%), from -€216,731 to -€2,033

  • Other operating charges -€2,673

    no longer reported in 2024 (was €2,673)

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 -€292,214
Gross operating margin +€214,699
Other operating charges +€2,673
Other operating items +€72,634
Financial income -€12
Financial charges +€163
Result 2024 -€2,057

Cash bridge derived

cash 2023 to 2024

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.

From operations -€677
Investment €0
Financing €0
Cash 2023 €7,247
Net result for the year -€2,057
Receivables within one year +€424
Debts within one year +€957
Cash 2024 €6,570
Every line side by side 23 lines
Line Code 2023 2024 Change %
Total assets 20/58 €7,670 €6,570 -€1,100 -14.3%
Current assets 29/58 €7,670 €6,570 -€1,100 -14.3%
Amounts receivable within one year 40/41 €424 - -€424
Other amounts receivable 41 €424 - -€424
Cash at bank and in hand 54/58 €7,247 €6,570 -€677 -9.3%
Total equity and liabilities 10/49 €7,670 €6,570 -€1,100 -14.3%
Equity 10/15 €7,670 €5,614 -€2,057 -26.8%
Contributions 10/11 €49,000 €49,000 = 0.0%
Capital 10 €49,000 €49,000 = 0.0%
Profit (loss) carried forward 14 -€41,330 -€43,387 -€2,057 -5.0%
Amounts payable 17/49 - €957 +€957
Amounts payable within one year 42/48 - €957 +€957
Other operating charges 640/8 €2,673 - -€2,673
Non-recurring operating charges 66A €72,634 - -€72,634
Gross operating margin 9900 -€216,731 -€2,033 +€214,699 +99.1%
Operating profit (loss) 9901 -€292,039 -€2,033 +€290,006 +99.3%
Financial income 75/76B €12 - -€12
Recurring financial income 75 €12 - -€12
Financial charges 65/66B €187 €24 -€163 -87.1%
Recurring financial charges 65 €187 €24 -€163 -87.1%
Profit (loss) for the period before taxes 9903 -€292,214 -€2,057 +€290,157 +99.3%
Profit (loss) for the period 9904 -€292,214 -€2,057 +€290,157 +99.3%
Profit (loss) for the period to be appropriated 9905 -€292,214 -€2,057 +€290,157 +99.3%

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 7 October 2026 via checked.be.