G-R: 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-R
Largest movements
- Receivables within one year +€3,557
new in 2024: €3,557
of which Other amounts receivable: +€3,476
- Tangible fixed assets +€2,946
new in 2024: €2,946
- Deferred charges and accrued income +€413
new in 2024: €413
- Cash +€359
up €359 (+71.9%), from €499 to €857
mainly Net result for the year (+€5,486) and Trade debts (+€1,728)
- Profit (loss) carried forward +€5,486
up €5,486 (+2.7%), from -€200,837 to -€195,350
- Trade debts +€1,728
up €1,728 (+3,625%), from €48 to €1,775
- Tax, wage and social debts +€1,168
up €1,168 (+262%), from €446 to €1,614
- Accrued charges and deferred income -€720
down €720 (-54.5%), from €1,320 to €600
- Other debts -€387
down €387 (-1.7%), from €23,272 to €22,884
- Gross operating margin +€10,305
up €10,305, from -€3,829 to €6,476
- Financial charges -€1,345
down €1,345 (-81.1%), from €1,660 to €314
- Other operating charges +€301
up €301 (+61.1%), from €493 to €795
- Financial income +€172
up €172 (+17,599%), from €1 to €173
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 | €499 | €7,773 | +€7,274 | +1,459% |
| Fixed assets | 21/28 | - | €2,946 | +€2,946 | |
| Tangible fixed assets | 22/27 | - | €2,946 | +€2,946 | |
| Furniture and vehicles | 24 | - | €2,946 | +€2,946 | |
| Current assets | 29/58 | €499 | €4,827 | +€4,329 | +868% |
| Amounts receivable within one year | 40/41 | - | €3,557 | +€3,557 | |
| Trade receivables | 40 | - | €82 | +€82 | |
| Other amounts receivable | 41 | - | €3,476 | +€3,476 | |
| Cash at bank and in hand | 54/58 | €499 | €857 | +€359 | +71.9% |
| Deferred charges and accrued income | 490/1 | - | €413 | +€413 | |
| Total equity and liabilities | 10/49 | €499 | €7,773 | +€7,274 | +1,459% |
| Equity | 10/15 | -€57,087 | -€51,600 | +€5,486 | +9.6% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €68,750 | €68,750 | = | 0.0% |
| Non-distributable reserves | 130/1 | €12,500 | €12,500 | = | 0.0% |
| Legal reserve | 130 | €12,500 | €12,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €56,250 | €56,250 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€200,837 | -€195,350 | +€5,486 | +2.7% |
| Provisions and deferred taxes | 16 | €32,500 | €32,500 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €32,500 | €32,500 | = | 0.0% |
| Pensions and similar obligations | 160 | €32,500 | €32,500 | = | 0.0% |
| Amounts payable | 17/49 | €25,085 | €26,873 | +€1,788 | +7.1% |
| Amounts payable within one year | 42/48 | €23,765 | €26,273 | +€2,508 | +10.6% |
| Trade debts | 44 | €48 | €1,775 | +€1,728 | +3,625% |
| Suppliers | 440/4 | €48 | €1,775 | +€1,728 | +3,625% |
| Taxes, remuneration and social security | 45 | €446 | €1,614 | +€1,168 | +262% |
| Taxes | 450/3 | €446 | €1,614 | +€1,168 | +262% |
| Other amounts payable | 47/48 | €23,272 | €22,884 | -€387 | -1.7% |
| Accrued charges and deferred income | 492/3 | €1,320 | €600 | -€720 | -54.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €54 | +€54 | |
| Other operating charges | 640/8 | €493 | €795 | +€301 | +61.1% |
| Gross operating margin | 9900 | -€3,829 | €6,476 | +€10,305 | |
| Operating profit (loss) | 9901 | -€4,323 | €5,627 | +€9,950 | |
| Financial income | 75/76B | €1 | €173 | +€172 | +17,599% |
| Recurring financial income | 75 | €1 | €173 | +€172 | +17,599% |
| Financial charges | 65/66B | €1,660 | €314 | -€1,345 | -81.1% |
| Recurring financial charges | 65 | €1,660 | €314 | -€1,345 | -81.1% |
| Profit (loss) for the period before taxes | 9903 | -€5,981 | €5,486 | +€11,468 | |
| Profit (loss) for the period | 9904 | -€5,981 | €5,486 | +€11,468 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,981 | €5,486 | +€11,468 |
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 14 October 2026 via checked.be.