G.N: 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.N
Largest movements
- Cash +€17,969
up €17,969 (+953.9%), from €1,884 to €19,852
mainly Net result for the year (+€23,121) and Tax, wage and social debts (+€5,780)
- Receivables within one year +€6,251
up €6,251 (+40.9%), from €15,297 to €21,548
of which Other amounts receivable: +€15,504
- Tangible fixed assets -€874
down €874 (-4.5%), from €19,514 to €18,640
of which Furniture and vehicles: -€606
- Profit (loss) carried forward +€23,121
up €23,121 (+80.3%), from €28,789 to €51,910
- Tax, wage and social debts +€5,780
new in 2024: €5,780
- Other debts -€4,767
no longer reported in 2024 (was €4,767)
- Trade debts -€789
no longer reported in 2024 (was €789)
- Taxes +€5,780
new in 2024: €5,780
- Turnover +€5,086
up €5,086 (+4.8%), from €105,311 to €110,398
- Other operating charges -€2,094
down €2,094 (-58.0%), from €3,610 to €1,516
- Gross operating margin +€2,090
up €2,090 (+6.6%), from €31,538 to €33,628
- Purchases and services +€1,996
up €1,996 (+2.7%), from €73,773 to €75,770
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 | €36,694 | €60,040 | +€23,346 | +63.6% |
| Fixed assets | 21/28 | €19,514 | €18,640 | -€874 | -4.5% |
| Tangible fixed assets | 22/27 | €19,514 | €18,640 | -€874 | -4.5% |
| Plant, machinery and equipment | 23 | €1,073 | €805 | -€268 | -25.0% |
| Furniture and vehicles | 24 | €18,441 | €17,835 | -€606 | -3.3% |
| Current assets | 29/58 | €17,180 | €41,400 | +€24,220 | +141.0% |
| Amounts receivable within one year | 40/41 | €15,297 | €21,548 | +€6,251 | +40.9% |
| Trade receivables | 40 | €9,253 | €1 | -€9,252 | -100.0% |
| Other amounts receivable | 41 | €6,043 | €21,547 | +€15,504 | +256.5% |
| Cash at bank and in hand | 54/58 | €1,884 | €19,852 | +€17,969 | +953.9% |
| Total equity and liabilities | 10/49 | €36,694 | €60,040 | +€23,346 | +63.6% |
| Equity | 10/15 | €31,139 | €54,260 | +€23,121 | +74.3% |
| Contributions | 10/11 | €2,350 | €2,350 | = | 0.0% |
| Capital | 10 | €2,350 | €2,350 | = | 0.0% |
| Issued capital | 100 | €2,350 | €2,350 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,789 | €51,910 | +€23,121 | +80.3% |
| Amounts payable | 17/49 | €5,556 | €5,780 | +€225 | +4.0% |
| Amounts payable within one year | 42/48 | €5,556 | €5,780 | +€225 | +4.0% |
| Trade debts | 44 | €789 | - | -€789 | |
| Suppliers | 440/4 | €789 | - | -€789 | |
| Taxes, remuneration and social security | 45 | - | €5,780 | +€5,780 | |
| Taxes | 450/3 | - | €5,780 | +€5,780 | |
| Other amounts payable | 47/48 | €4,767 | - | -€4,767 | |
| Turnover | 70 | €105,311 | €110,398 | +€5,086 | +4.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €73,773 | €75,770 | +€1,996 | +2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,717 | €3,144 | -€573 | -15.4% |
| Other operating charges | 640/8 | €3,610 | €1,516 | -€2,094 | -58.0% |
| Gross operating margin | 9900 | €31,538 | €33,628 | +€2,090 | +6.6% |
| Operating profit (loss) | 9901 | €24,210 | €28,967 | +€4,757 | +19.6% |
| Financial charges | 65/66B | €428 | €66 | -€362 | -84.6% |
| Recurring financial charges | 65 | €428 | €66 | -€362 | -84.6% |
| Profit (loss) for the period before taxes | 9903 | €23,783 | €28,901 | +€5,119 | +21.5% |
| Income taxes | 67/77 | - | €5,780 | +€5,780 | |
| Profit (loss) for the period | 9904 | €23,783 | €23,121 | -€662 | -2.8% |
| Profit (loss) for the period to be appropriated | 9905 | €23,783 | €23,121 | -€662 | -2.8% |
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 10 October 2026 via checked.be.