G. D. Enterprise: 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. D. Enterprise
Largest movements
- Cash -€18,728
down €18,728 (-99.3%), from €18,868 to €140
mainly Net result for the year (-€27,619) and Debts after one year (-€9,826)
- Tangible fixed assets -€12,046
down €12,046 (-5.3%), from €226,184 to €214,138
of which Land and buildings: -€11,000
- Receivables within one year -€11,295
down €11,295 (-31.7%), from €35,597 to €24,302
of which Trade receivables: -€10,170
- Profit (loss) carried forward -€27,619
down €27,619 (-55.3%), from €49,900 to €22,282
- Debts after one year -€9,826
down €9,826 (-5.1%), from €192,004 to €182,179
- Tax, wage and social debts -€6,874
down €6,874 (-98.3%), from €6,993 to €118
- Gross operating margin -€29,841
down €29,841, from €18,796 to -€11,046
- Depreciation -€2,601
down €2,601 (-16.9%), from €15,418 to €12,817
- Financial charges -€346
down €346 (-8.1%), from €4,265 to €3,919
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €281,659 | €238,579 | -€43,080 | -15.3% |
| Fixed assets | 21/28 | €226,184 | €214,138 | -€12,046 | -5.3% |
| Tangible fixed assets | 22/27 | €226,184 | €214,138 | -€12,046 | -5.3% |
| Land and buildings | 22 | €222,699 | €211,699 | -€11,000 | -4.9% |
| Plant, machinery and equipment | 23 | €92 | - | -€92 | |
| Furniture and vehicles | 24 | €2,371 | €1,537 | -€834 | -35.2% |
| Other tangible fixed assets | 26 | €1,023 | €902 | -€120 | -11.8% |
| Current assets | 29/58 | €55,476 | €24,441 | -€31,035 | -55.9% |
| Amounts receivable within one year | 40/41 | €35,597 | €24,302 | -€11,295 | -31.7% |
| Trade receivables | 40 | €12,430 | €2,260 | -€10,170 | -81.8% |
| Other amounts receivable | 41 | €23,167 | €22,042 | -€1,125 | -4.9% |
| Cash at bank and in hand | 54/58 | €18,868 | €140 | -€18,728 | -99.3% |
| Deferred charges and accrued income | 490/1 | €1,012 | - | -€1,012 | |
| Total equity and liabilities | 10/49 | €281,659 | €238,579 | -€43,080 | -15.3% |
| Equity | 10/15 | €71,900 | €44,282 | -€27,619 | -38.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Capital | 10 | €20,000 | €20,000 | = | 0.0% |
| Issued capital | 100 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Legal reserve | 130 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €49,900 | €22,282 | -€27,619 | -55.3% |
| Amounts payable | 17/49 | €209,759 | €194,297 | -€15,462 | -7.4% |
| Amounts payable after more than one year | 17 | €192,004 | €182,179 | -€9,826 | -5.1% |
| Financial debts | 170/4 | €192,004 | €182,179 | -€9,826 | -5.1% |
| Amounts payable within one year | 42/48 | €17,755 | €12,118 | -€5,636 | -31.7% |
| Current portion of amounts payable after more than one year | 42 | €9,660 | €10,637 | +€977 | +10.1% |
| Trade debts | 44 | €1,101 | €1,363 | +€262 | +23.7% |
| Suppliers | 440/4 | €1,101 | €1,363 | +€262 | +23.7% |
| Taxes, remuneration and social security | 45 | €6,993 | €118 | -€6,874 | -98.3% |
| Taxes | 450/3 | €6,993 | €118 | -€6,874 | -98.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,418 | €12,817 | -€2,601 | -16.9% |
| Other operating charges | 640/8 | €1,155 | €994 | -€161 | -13.9% |
| Gross operating margin | 9900 | €18,796 | -€11,046 | -€29,841 | |
| Operating profit (loss) | 9901 | €2,223 | -€24,857 | -€27,080 | |
| Financial income | 75/76B | €1,309 | €1,158 | -€151 | -11.6% |
| Recurring financial income | 75 | €1,309 | €1,158 | -€151 | -11.6% |
| Financial charges | 65/66B | €4,265 | €3,919 | -€346 | -8.1% |
| Recurring financial charges | 65 | €4,265 | €3,919 | -€346 | -8.1% |
| Profit (loss) for the period before taxes | 9903 | -€734 | -€27,619 | -€26,885 | -3,665% |
| Income taxes | 67/77 | -€7 | - | +€7 | |
| Profit (loss) for the period | 9904 | -€726 | -€27,619 | -€26,892 | -3,702% |
| Profit (loss) for the period to be appropriated | 9905 | -€726 | -€27,619 | -€26,892 | -3,702% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.