G & E ONE FIVE ONE: what changed
Two fiscal 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 & E ONE FIVE ONE
Largest movements
- Receivables within one year -€32,135
down €32,135 (-19.7%), from €163,417 to €131,283
of which Trade receivables: -€37,167
- Cash +€1,770
up €1,770 (+60.3%), from €2,936 to €4,706
mainly Receivables within one year (+€32,135) and Other debts (+€8,590)
- Trade debts -€47,701
down €47,701 (-55.9%), from €85,263 to €37,562
- Other debts +€8,590
new in 2024: €8,590
- Advances received +€7,637
up €7,637 (+7.5%), from €101,372 to €109,008
- Profit (loss) carried forward +€3,576
up €3,576 (+5.4%), from -€66,180 to -€62,604
- Tax, wage and social debts -€2,467
down €2,467 (-5.2%), from €47,513 to €45,046
of which Taxes: -€6,405
- Gross operating margin -€31,278
down €31,278 (-28.3%), from €110,676 to €79,398
- Other operating charges -€16,312
down €16,312 (-93.8%), from €17,388 to €1,076
- Staff costs -€14,265
down €14,265 (-16.5%), from €86,593 to €72,328
- Depreciation -€9,693
no longer reported in 2024 (was €9,693)
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.
Cash bridge derived
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 | €174,168 | €143,803 | -€30,365 | -17.4% |
| Current assets | 29/58 | €174,168 | €143,803 | -€30,365 | -17.4% |
| Stocks and contracts in progress | 3 | €7,815 | €7,815 | = | 0.0% |
| Stocks | 30/36 | €7,815 | €7,815 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €163,417 | €131,283 | -€32,135 | -19.7% |
| Trade receivables | 40 | €163,417 | €126,251 | -€37,167 | -22.7% |
| Other amounts receivable | 41 | - | €5,032 | +€5,032 | |
| Cash at bank and in hand | 54/58 | €2,936 | €4,706 | +€1,770 | +60.3% |
| Total equity and liabilities | 10/49 | €174,168 | €143,803 | -€30,365 | -17.4% |
| Equity | 10/15 | -€59,980 | -€56,404 | +€3,576 | +6.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€66,180 | -€62,604 | +€3,576 | +5.4% |
| Amounts payable | 17/49 | €234,148 | €200,207 | -€33,941 | -14.5% |
| Amounts payable within one year | 42/48 | €234,148 | €200,207 | -€33,941 | -14.5% |
| Trade debts | 44 | €85,263 | €37,562 | -€47,701 | -55.9% |
| Suppliers | 440/4 | €85,263 | €37,562 | -€47,701 | -55.9% |
| Advances received on contracts in progress | 46 | €101,372 | €109,008 | +€7,637 | +7.5% |
| Taxes, remuneration and social security | 45 | €47,513 | €45,046 | -€2,467 | -5.2% |
| Taxes | 450/3 | €35,826 | €29,421 | -€6,405 | -17.9% |
| Remuneration and social security | 454/9 | €11,687 | €15,625 | +€3,938 | +33.7% |
| Other amounts payable | 47/48 | - | €8,590 | +€8,590 | |
| Remuneration, social security and pensions | 62 | €86,593 | €72,328 | -€14,265 | -16.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,693 | - | -€9,693 | |
| Other operating charges | 640/8 | €17,388 | €1,076 | -€16,312 | -93.8% |
| Gross operating margin | 9900 | €110,676 | €79,398 | -€31,278 | -28.3% |
| Operating profit (loss) | 9901 | -€2,998 | €5,993 | +€8,991 | |
| Financial charges | 65/66B | €3,049 | €2,417 | -€632 | -20.7% |
| Recurring financial charges | 65 | €3,049 | €2,417 | -€632 | -20.7% |
| Profit (loss) for the period before taxes | 9903 | -€6,047 | €3,576 | +€9,623 | |
| Profit (loss) for the period | 9904 | -€6,047 | €3,576 | +€9,623 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,047 | €3,576 | +€9,623 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.