G&A GROUP: 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 GROUP
Largest movements
- Tangible fixed assets -€18,261
down €18,261 (-52.3%), from €34,891 to €16,630
of which Leasing and similar rights: -€24,331
- Receivables within one year -€1,295
down €1,295 (-7.9%), from €16,365 to €15,070
- Cash +€1,255
up €1,255 (+1,037%), from €121 to €1,376
mainly Investment in fixed assets (net) (+€15,322) and Tax, wage and social debts (+€7,292)
- Debts after one year -€16,295
no longer reported in 2024 (was €16,295)
- Other debts -€13,034
down €13,034 (-72.9%), from €17,887 to €4,853
- Tax, wage and social debts +€7,292
up €7,292 (+84.1%), from €8,669 to €15,961
- Profit (loss) carried forward +€6,144
up €6,144 (+77.6%), from -€7,916 to -€1,772
- Current portion of long-term debt -€6,001
no longer reported in 2024 (was €6,001)
- Gross operating margin +€13,535
up €13,535 (+131%), from €10,345 to €23,880
- Other operating charges +€9,629
up €9,629 (+622%), from €1,547 to €11,176
- Depreciation -€7,824
down €7,824 (-70.8%), from €11,050 to €3,226
- Taxes +€2,156
new in 2024: €2,156
- Financial charges -€1,271
down €1,271 (-51.9%), from €2,449 to €1,178
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 | €52,399 | €33,647 | -€18,752 | -35.8% |
| Fixed assets | 21/28 | €35,749 | €17,201 | -€18,548 | -51.9% |
| Intangible fixed assets | 21 | €858 | €571 | -€287 | -33.4% |
| Tangible fixed assets | 22/27 | €34,891 | €16,630 | -€18,261 | -52.3% |
| Furniture and vehicles | 24 | €10,560 | €16,630 | +€6,070 | +57.5% |
| Leasing and similar rights | 25 | €24,331 | - | -€24,331 | |
| Current assets | 29/58 | €16,650 | €16,446 | -€204 | -1.2% |
| Amounts receivable within one year | 40/41 | €16,365 | €15,070 | -€1,295 | -7.9% |
| Trade receivables | 40 | €16,365 | €15,070 | -€1,295 | -7.9% |
| Cash at bank and in hand | 54/58 | €121 | €1,376 | +€1,255 | +1,037% |
| Deferred charges and accrued income | 490/1 | €164 | - | -€164 | |
| Total equity and liabilities | 10/49 | €52,399 | €33,647 | -€18,752 | -35.8% |
| Equity | 10/15 | -€1,116 | €5,028 | +€6,144 | |
| Contributions | 10/11 | €6,800 | €6,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,916 | -€1,772 | +€6,144 | +77.6% |
| Amounts payable | 17/49 | €53,515 | €28,619 | -€24,896 | -46.5% |
| Amounts payable after more than one year | 17 | €16,295 | - | -€16,295 | |
| Financial debts | 170/4 | €16,295 | - | -€16,295 | |
| Amounts payable within one year | 42/48 | €37,220 | €28,619 | -€8,601 | -23.1% |
| Current portion of amounts payable after more than one year | 42 | €6,001 | - | -€6,001 | |
| Trade debts | 44 | €4,663 | €7,805 | +€3,142 | +67.4% |
| Suppliers | 440/4 | €4,663 | €7,805 | +€3,142 | +67.4% |
| Taxes, remuneration and social security | 45 | €8,669 | €15,961 | +€7,292 | +84.1% |
| Taxes | 450/3 | €8,669 | €15,961 | +€7,292 | +84.1% |
| Other amounts payable | 47/48 | €17,887 | €4,853 | -€13,034 | -72.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,050 | €3,226 | -€7,824 | -70.8% |
| Other operating charges | 640/8 | €1,547 | €11,176 | +€9,629 | +622% |
| Gross operating margin | 9900 | €10,345 | €23,880 | +€13,535 | +131% |
| Operating profit (loss) | 9901 | -€2,252 | €9,478 | +€11,730 | |
| Financial charges | 65/66B | €2,449 | €1,178 | -€1,271 | -51.9% |
| Recurring financial charges | 65 | €2,449 | €1,178 | -€1,271 | -51.9% |
| Profit (loss) for the period before taxes | 9903 | -€4,701 | €8,300 | +€13,001 | |
| Income taxes | 67/77 | - | €2,156 | +€2,156 | |
| Profit (loss) for the period | 9904 | -€4,701 | €6,144 | +€10,845 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,701 | €6,144 | +€10,845 |
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 24 October 2026 via checked.be.