G-CONCESSIONS: 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-CONCESSIONS
Largest movements
- Receivables within one year +€58,727
up €58,727 (+11.4%), from €516,479 to €575,206
of which Other amounts receivable: +€76,883
- Cash -€47,495
down €47,495 (-44.5%), from €106,780 to €59,285
mainly Receivables within one year (-€58,727) and Trade debts (-€50,979)
- Trade debts -€50,979
down €50,979 (-16.7%), from €305,701 to €254,722
- Accrued charges and deferred income +€21,801
up €21,801, from €0 to €21,801
- Profit (loss) carried forward +€20,493
up €20,493 (+19.0%), from €107,705 to €128,198
- Tax, wage and social debts +€13,865
up €13,865 (+6.5%), from €211,759 to €225,624
of which Taxes: +€21,194
- Staff costs -€12,998
down €12,998 (-1.0%), from €1.2m to €1.2m
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 | €644,538 | €649,718 | +€5,180 | +0.8% |
| Fixed assets | 21/28 | €14,356 | €11,883 | -€2,474 | -17.2% |
| Intangible fixed assets | 21 | €5,000 | €2,000 | -€3,000 | -60.0% |
| Tangible fixed assets | 22/27 | €8,929 | €9,455 | +€526 | +5.9% |
| Plant, machinery and equipment | 23 | €6,810 | €5,945 | -€865 | -12.7% |
| Furniture and vehicles | 24 | €2,119 | €1,448 | -€671 | -31.7% |
| Other tangible fixed assets | 26 | - | €2,062 | +€2,062 | |
| Financial fixed assets | 28 | €427 | €427 | = | 0.0% |
| Current assets | 29/58 | €630,182 | €637,836 | +€7,654 | +1.2% |
| Amounts receivable within one year | 40/41 | €516,479 | €575,206 | +€58,727 | +11.4% |
| Trade receivables | 40 | €491,367 | €473,210 | -€18,157 | -3.7% |
| Other amounts receivable | 41 | €25,112 | €101,996 | +€76,883 | +306% |
| Cash at bank and in hand | 54/58 | €106,780 | €59,285 | -€47,495 | -44.5% |
| Deferred charges and accrued income | 490/1 | €6,922 | €3,344 | -€3,578 | -51.7% |
| Total equity and liabilities | 10/49 | €644,538 | €649,718 | +€5,180 | +0.8% |
| Equity | 10/15 | €127,079 | €147,572 | +€20,493 | +16.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €774 | €774 | = | 0.0% |
| Non-distributable reserves | 130/1 | €774 | €774 | = | 0.0% |
| Reserves not available under the articles | 1311 | €774 | €774 | = | 0.0% |
| Profit (loss) carried forward | 14 | €107,705 | €128,198 | +€20,493 | +19.0% |
| Amounts payable | 17/49 | €517,460 | €502,146 | -€15,313 | -3.0% |
| Amounts payable within one year | 42/48 | €517,460 | €480,345 | -€37,114 | -7.2% |
| Trade debts | 44 | €305,701 | €254,722 | -€50,979 | -16.7% |
| Suppliers | 440/4 | €305,701 | €254,722 | -€50,979 | -16.7% |
| Taxes, remuneration and social security | 45 | €211,759 | €225,624 | +€13,865 | +6.5% |
| Taxes | 450/3 | €80,469 | €101,663 | +€21,194 | +26.3% |
| Remuneration and social security | 454/9 | €131,290 | €123,960 | -€7,329 | -5.6% |
| Accrued charges and deferred income | 492/3 | €0 | €21,801 | +€21,801 | |
| Remuneration, social security and pensions | 62 | €1,249,855 | €1,236,857 | -€12,998 | -1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,105 | €4,724 | -€6,381 | -57.5% |
| Other operating charges | 640/8 | €2,084 | €2,716 | +€632 | +30.3% |
| Gross operating margin | 9900 | €1,259,016 | €1,268,524 | +€9,507 | +0.8% |
| Operating profit (loss) | 9901 | -€4,028 | €24,227 | +€28,254 | |
| Financial income | 75/76B | €5 | €2,004 | +€1,999 | +41,220% |
| Recurring financial income | 75 | €5 | €2,004 | +€1,999 | +41,220% |
| Financial charges | 65/66B | -€17,176 | -€14,211 | +€2,965 | +17.3% |
| Recurring financial charges | 65 | -€17,176 | -€14,211 | +€2,965 | +17.3% |
| Profit (loss) for the period before taxes | 9903 | €13,153 | €40,442 | +€27,289 | +207% |
| Income taxes | 67/77 | €24,550 | €19,948 | -€4,602 | -18.7% |
| Profit (loss) for the period | 9904 | -€11,397 | €20,493 | +€31,891 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,397 | €20,493 | +€31,891 |
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.