G-COMP: 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-COMP
Largest movements
- Receivables within one year +€12,461
up €12,461 (+220%), from €5,660 to €18,122
- Stocks and contracts +€3,694
up €3,694 (+45.6%), from €8,095 to €11,789
- Cash -€874
down €874 (-29.2%), from €2,991 to €2,117
mainly Receivables within one year (-€12,461) and Short-term financial debts (-€4,677)
- Tangible fixed assets -€500
down €500 (-10.1%), from €4,960 to €4,460
- Profit (loss) carried forward +€14,344
up €14,344 (+1,260%), from €1,139 to €15,483
- Tax, wage and social debts +€10,795
up €10,795 (+214%), from €5,033 to €15,828
- Short-term financial debts -€4,677
no longer reported in 2024 (was €4,677)
- Trade debts -€3,169
down €3,169 (-66.2%), from €4,785 to €1,616
- Other debts -€2,512
down €2,512 (-69.4%), from €3,623 to €1,110
- Gross operating margin +€9,139
up €9,139 (+69.9%), from €13,070 to €22,209
- Financial charges -€8,053
down €8,053 (-95.0%), from €8,479 to €426
- Taxes +€3,861
up €3,861 (+253%), from €1,529 to €5,390
- Depreciation +€460
up €460 (+1,150%), from €40 to €500
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 | €21,706 | €36,487 | +€14,781 | +68.1% |
| Fixed assets | 21/28 | €4,960 | €4,460 | -€500 | -10.1% |
| Tangible fixed assets | 22/27 | €4,960 | €4,460 | -€500 | -10.1% |
| Plant, machinery and equipment | 23 | €4,960 | €4,460 | -€500 | -10.1% |
| Current assets | 29/58 | €16,746 | €32,027 | +€15,281 | +91.3% |
| Stocks and contracts in progress | 3 | €8,095 | €11,789 | +€3,694 | +45.6% |
| Stocks | 30/36 | €8,095 | €11,789 | +€3,694 | +45.6% |
| Amounts receivable within one year | 40/41 | €5,660 | €18,122 | +€12,461 | +220% |
| Trade receivables | 40 | €5,660 | €18,122 | +€12,461 | +220% |
| Cash at bank and in hand | 54/58 | €2,991 | €2,117 | -€874 | -29.2% |
| Total equity and liabilities | 10/49 | €21,706 | €36,487 | +€14,781 | +68.1% |
| Equity | 10/15 | €3,588 | €17,933 | +€14,344 | +400% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €450 | €450 | = | 0.0% |
| Non-distributable reserves | 130/1 | €450 | €450 | = | 0.0% |
| Reserves not available under the articles | 1311 | €450 | €450 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,139 | €15,483 | +€14,344 | +1,260% |
| Amounts payable | 17/49 | €18,118 | €18,555 | +€437 | +2.4% |
| Amounts payable within one year | 42/48 | €18,118 | €18,555 | +€437 | +2.4% |
| Financial debts | 43 | €4,677 | - | -€4,677 | |
| Credit institutions | 430/8 | €4,677 | - | -€4,677 | |
| Trade debts | 44 | €4,785 | €1,616 | -€3,169 | -66.2% |
| Suppliers | 440/4 | €4,785 | €1,616 | -€3,169 | -66.2% |
| Taxes, remuneration and social security | 45 | €5,033 | €15,828 | +€10,795 | +214% |
| Taxes | 450/3 | €5,033 | €15,828 | +€10,795 | +214% |
| Other amounts payable | 47/48 | €3,623 | €1,110 | -€2,512 | -69.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40 | €500 | +€460 | +1,150% |
| Other operating charges | 640/8 | €62 | €212 | +€150 | +242% |
| Non-recurring operating charges | 66A | - | €1,337 | +€1,337 | |
| Gross operating margin | 9900 | €13,070 | €22,209 | +€9,139 | +69.9% |
| Operating profit (loss) | 9901 | €12,968 | €20,160 | +€7,192 | +55.5% |
| Financial income | 75/76B | €4 | €0 | -€3 | -98.3% |
| Recurring financial income | 75 | €4 | €0 | -€3 | -98.3% |
| Financial charges | 65/66B | €8,479 | €426 | -€8,053 | -95.0% |
| Recurring financial charges | 65 | €8,479 | €426 | -€8,053 | -95.0% |
| Profit (loss) for the period before taxes | 9903 | €4,492 | €19,734 | +€15,242 | +339% |
| Income taxes | 67/77 | €1,529 | €5,390 | +€3,861 | +253% |
| Profit (loss) for the period | 9904 | €2,963 | €14,344 | +€11,381 | +384% |
| Profit (loss) for the period to be appropriated | 9905 | €2,963 | €14,344 | +€11,381 | +384% |
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 14 October 2026 via checked.be.