G Ohm: 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 Ohm
Largest movements
- Tangible fixed assets +€186,796
up €186,796 (+27.3%), from €683,769 to €870,565
of which Land and buildings: +€190,679
- Receivables within one year -€43,476
down €43,476 (-28.3%), from €153,854 to €110,378
of which Trade receivables: -€30,848
- Cash -€32,998
down €32,998 (-15.7%), from €210,045 to €177,046
mainly Investment in fixed assets (net) (-€237,833) and Deferred charges and accrued income (-€20,773)
- Deferred charges and accrued income +€20,773
up €20,773 (+702.6%), from €2,957 to €23,730
- Debts after one year +€93,896
up €93,896 (+23.0%), from €407,457 to €501,353
- Current portion of long-term debt +€29,411
up €29,411 (+28.4%), from €103,648 to €133,059
- Trade debts +€12,018
up €12,018 (+499.8%), from €2,404 to €14,422
- Gross operating margin -€62,524
down €62,524 (-36.3%), from €172,358 to €109,834
- Taxes -€26,468
down €26,468, from €23,055 to -€3,413
- Depreciation +€12,626
up €12,626 (+32.9%), from €38,411 to €51,037
- Financial charges +€11,814
up €11,814 (+98.9%), from €11,946 to €23,760
- Write-downs +€9,874
new in 2024: €9,874
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 | €1,053,429 | €1,184,524 | +€131,094 | +12.4% |
| Fixed assets | 21/28 | €684,769 | €871,565 | +€186,796 | +27.3% |
| Tangible fixed assets | 22/27 | €683,769 | €870,565 | +€186,796 | +27.3% |
| Land and buildings | 22 | €662,169 | €852,848 | +€190,679 | +28.8% |
| Plant, machinery and equipment | 23 | €329 | - | -€329 | |
| Furniture and vehicles | 24 | €13,685 | €10,131 | -€3,555 | -26.0% |
| Other tangible fixed assets | 26 | €7,587 | €7,587 | = | 0.0% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €368,660 | €312,959 | -€55,701 | -15.1% |
| Amounts receivable within one year | 40/41 | €153,854 | €110,378 | -€43,476 | -28.3% |
| Trade receivables | 40 | €131,919 | €101,070 | -€30,848 | -23.4% |
| Other amounts receivable | 41 | €21,935 | €9,308 | -€12,628 | -57.6% |
| Current investments | 50/53 | €1,805 | €1,805 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €210,045 | €177,046 | -€32,998 | -15.7% |
| Deferred charges and accrued income | 490/1 | €2,957 | €23,730 | +€20,773 | +702.6% |
| Total equity and liabilities | 10/49 | €1,053,429 | €1,184,524 | +€131,094 | +12.4% |
| Equity | 10/15 | €442,963 | €445,795 | +€2,832 | +0.6% |
| Contributions | 10/11 | €15,900 | €15,900 | = | 0.0% |
| Reserves | 13 | €7,230 | €7,230 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,590 | €1,590 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,590 | €1,590 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,640 | €5,640 | = | 0.0% |
| Profit (loss) carried forward | 14 | €419,833 | €422,665 | +€2,832 | +0.7% |
| Amounts payable | 17/49 | €610,467 | €738,729 | +€128,262 | +21.0% |
| Amounts payable after more than one year | 17 | €407,457 | €501,353 | +€93,896 | +23.0% |
| Financial debts | 170/4 | €407,457 | €501,353 | +€93,896 | +23.0% |
| Amounts payable within one year | 42/48 | €203,010 | €237,376 | +€34,366 | +16.9% |
| Current portion of amounts payable after more than one year | 42 | €103,648 | €133,059 | +€29,411 | +28.4% |
| Trade debts | 44 | €2,404 | €14,422 | +€12,018 | +499.8% |
| Suppliers | 440/4 | €2,404 | €14,422 | +€12,018 | +499.8% |
| Taxes, remuneration and social security | 45 | €5,478 | €4,357 | -€1,122 | -20.5% |
| Taxes | 450/3 | - | €1,070 | +€1,070 | |
| Remuneration and social security | 454/9 | €5,478 | €3,287 | -€2,192 | -40.0% |
| Other amounts payable | 47/48 | €91,479 | €85,538 | -€5,941 | -6.5% |
| Remuneration, social security and pensions | 62 | €28,294 | €23,441 | -€4,853 | -17.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,411 | €51,037 | +€12,626 | +32.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €9,874 | +€9,874 | |
| Other operating charges | 640/8 | €4,210 | €2,303 | -€1,907 | -45.3% |
| Gross operating margin | 9900 | €172,358 | €109,834 | -€62,524 | -36.3% |
| Operating profit (loss) | 9901 | €101,442 | €23,179 | -€78,263 | -77.2% |
| Financial charges | 65/66B | €11,946 | €23,760 | +€11,814 | +98.9% |
| Recurring financial charges | 65 | €11,946 | €23,760 | +€11,814 | +98.9% |
| Profit (loss) for the period before taxes | 9903 | €89,496 | -€581 | -€90,077 | |
| Income taxes | 67/77 | €23,055 | -€3,413 | -€26,468 | |
| Profit (loss) for the period | 9904 | €66,442 | €2,832 | -€63,610 | -95.7% |
| Profit (loss) for the period to be appropriated | 9905 | €66,442 | €2,832 | -€63,610 | -95.7% |
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 8 October 2026 via checked.be.