G&A-V: 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-V
Largest movements
- Receivables within one year +€18,011
up €18,011 (+6,707%), from €269 to €18,279
of which Trade receivables: +€16,058
- Cash -€1,709
down €1,709 (-81.7%), from €2,091 to €382
mainly Receivables within one year (-€18,011) and Net result for the year (-€17,736)
- Stocks and contracts +€1,298
new in 2024: €1,298
- Tangible fixed assets +€840
up €840 (+53.8%), from €1,560 to €2,400
- Trade debts +€20,878
up €20,878 (+391%), from €5,334 to €26,212
- Profit (loss) carried forward -€17,736
down €17,736 (-59.1%), from -€30,019 to -€47,755
- Tax, wage and social debts +€16,990
up €16,990 (+12,668%), from €134 to €17,124
of which Remuneration and social security: +€15,744
- Other debts -€8,011
no longer reported in 2024 (was €8,011)
- Advances received +€4,131
new in 2024: €4,131
- Other operating charges +€11,811
up €11,811 (+4,506%), from €262 to €12,073
- Gross operating margin +€4,743
up €4,743 (+19.2%), from €24,687 to €29,430
- Taxes +€3,000
new in 2024: €3,000
- Financial charges +€2,778
up €2,778 (+766%), from €363 to €3,141
- Staff costs -€608
down €608 (-2.1%), from €28,451 to €27,842
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 | €3,920 | €22,436 | +€18,516 | +472% |
| Fixed assets | 21/28 | €1,560 | €2,400 | +€840 | +53.8% |
| Tangible fixed assets | 22/27 | €1,560 | €2,400 | +€840 | +53.8% |
| Furniture and vehicles | 24 | €1,560 | €2,400 | +€840 | +53.8% |
| Current assets | 29/58 | €2,360 | €20,036 | +€17,676 | +749% |
| Stocks and contracts in progress | 3 | - | €1,298 | +€1,298 | |
| Stocks | 30/36 | - | €1,298 | +€1,298 | |
| Amounts receivable within one year | 40/41 | €269 | €18,279 | +€18,011 | +6,707% |
| Trade receivables | 40 | - | €16,058 | +€16,058 | |
| Other amounts receivable | 41 | €269 | €2,221 | +€1,953 | +727% |
| Cash at bank and in hand | 54/58 | €2,091 | €382 | -€1,709 | -81.7% |
| Deferred charges and accrued income | 490/1 | - | €77 | +€77 | |
| Total equity and liabilities | 10/49 | €3,920 | €22,436 | +€18,516 | +472% |
| Equity | 10/15 | -€9,559 | -€27,295 | -€17,736 | -186% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €1,860 | +€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Distributable reserves | 133 | €1,860 | - | -€1,860 | |
| Profit (loss) carried forward | 14 | -€30,019 | -€47,755 | -€17,736 | -59.1% |
| Amounts payable | 17/49 | €13,479 | €49,731 | +€36,252 | +269% |
| Amounts payable within one year | 42/48 | €13,479 | €49,731 | +€36,252 | +269% |
| Financial debts | 43 | - | €2,264 | +€2,264 | |
| Credit institutions | 430/8 | - | €2,264 | +€2,264 | |
| Trade debts | 44 | €5,334 | €26,212 | +€20,878 | +391% |
| Suppliers | 440/4 | €5,334 | €26,212 | +€20,878 | +391% |
| Advances received on contracts in progress | 46 | - | €4,131 | +€4,131 | |
| Taxes, remuneration and social security | 45 | €134 | €17,124 | +€16,990 | +12,668% |
| Taxes | 450/3 | - | €1,246 | +€1,246 | |
| Remuneration and social security | 454/9 | €134 | €15,878 | +€15,744 | +11,739% |
| Other amounts payable | 47/48 | €8,011 | - | -€8,011 | |
| Non-recurring operating income | 76A | - | €1,812 | +€1,812 | |
| Remuneration, social security and pensions | 62 | €28,451 | €27,842 | -€608 | -2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €929 | €1,109 | +€180 | +19.4% |
| Other operating charges | 640/8 | €262 | €12,073 | +€11,811 | +4,506% |
| Gross operating margin | 9900 | €24,687 | €29,430 | +€4,743 | +19.2% |
| Operating profit (loss) | 9901 | -€4,955 | -€11,595 | -€6,641 | -134% |
| Financial income | 75/76B | €335 | - | -€335 | |
| Recurring financial income | 75 | €335 | - | -€335 | |
| Financial charges | 65/66B | €363 | €3,141 | +€2,778 | +766% |
| Recurring financial charges | 65 | €363 | €3,141 | +€2,778 | +766% |
| Profit (loss) for the period before taxes | 9903 | -€4,983 | -€14,736 | -€9,754 | -196% |
| Income taxes | 67/77 | - | €3,000 | +€3,000 | |
| Profit (loss) for the period | 9904 | -€4,983 | -€17,736 | -€12,754 | -256% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,983 | -€17,736 | -€12,754 | -256% |
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.