G.A.D. FIN-SERVICES: 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.
G.A.D. FIN-SERVICES
Largest movements
- Receivables within one year +€17,642
up €17,642 (+163%), from €10,833 to €28,475
- Cash -€537
down €537 (-15.6%), from €3,436 to €2,899
mainly Contributions, distributions and other (-€20,000) and Receivables within one year (-€17,642)
- Profit (loss) carried forward +€15,049
up €15,049 (+143%), from €10,535 to €25,584
- Trade debts +€4,690
new in 2024: €4,690
- Tax, wage and social debts -€2,634
no longer reported in 2024 (was €2,634)
- Gross operating margin +€19,738
up €19,738 (+129%), from €15,357 to €35,095
- Taxes -€2,634
no longer reported in 2024 (was €2,634)
- Financial charges -€1,695
down €1,695 (-97.4%), from €1,741 to €46
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.
Derived cash bridge
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 | €14,269 | €31,374 | +€17,105 | +120% |
| Current assets | 29/58 | €14,269 | €31,374 | +€17,105 | +120% |
| Amounts receivable within one year | 40/41 | €10,833 | €28,475 | +€17,642 | +163% |
| Other amounts receivable | 41 | €10,833 | €28,475 | +€17,642 | +163% |
| Cash at bank and in hand | 54/58 | €3,436 | €2,899 | -€537 | -15.6% |
| Total equity and liabilities | 10/49 | €14,269 | €31,374 | +€17,105 | +120% |
| Equity | 10/15 | €11,635 | €26,684 | +€15,049 | +129% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Capital | 10 | €1,000 | €1,000 | = | 0.0% |
| Issued capital | 100 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €100 | €100 | = | 0.0% |
| Non-distributable reserves | 130/1 | €100 | €100 | = | 0.0% |
| Legal reserve | 130 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,535 | €25,584 | +€15,049 | +143% |
| Amounts payable | 17/49 | €2,634 | €4,690 | +€2,056 | +78.1% |
| Amounts payable within one year | 42/48 | €2,634 | €4,690 | +€2,056 | +78.1% |
| Trade debts | 44 | - | €4,690 | +€4,690 | |
| Suppliers | 440/4 | - | €4,690 | +€4,690 | |
| Taxes, remuneration and social security | 45 | €2,634 | - | -€2,634 | |
| Taxes | 450/3 | €2,634 | - | -€2,634 | |
| Other operating charges | 640/8 | €347 | - | -€347 | |
| Gross operating margin | 9900 | €15,357 | €35,095 | +€19,738 | +129% |
| Operating profit (loss) | 9901 | €15,010 | €35,095 | +€20,085 | +134% |
| Financial charges | 65/66B | €1,741 | €46 | -€1,695 | -97.4% |
| Recurring financial charges | 65 | €1,741 | €46 | -€1,695 | -97.4% |
| Profit (loss) for the period before taxes | 9903 | €13,269 | €35,049 | +€21,780 | +164% |
| Income taxes | 67/77 | €2,634 | - | -€2,634 | |
| Profit (loss) for the period | 9904 | €10,635 | €35,049 | +€24,414 | +230% |
| Profit (loss) for the period to be appropriated | 9905 | €10,635 | €35,049 | +€24,414 | +230% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.