G.S.QUALITY CAR: what changed
What changed
G.S.QUALITY CAR
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€29,354
31-12-2023 · €679+€28,675
Equity
€234,470
31-12-2023 · €205,116+€29,354
Cash
€126,294
31-12-2023 · €179,182-€52,888
Balance sheet total
€590,753
31-12-2023 · €532,919+€57,834
Largest movements
Assets
- Tangible fixed assets +€137,719
up €137,719 (+178%), from €77,329 to €215,049
- Cash -€52,888
down €52,888 (-29.5%), from €179,182 to €126,294
mainly Investment in fixed assets (net) (-€175,988) and Trade debts (-€90,876)
- Receivables within one year -€32,391
down €32,391 (-13.0%), from €249,160 to €216,768
of which Trade receivables: -€26,724
Equity and liabilities
- Trade debts -€90,876
down €90,876 (-39.4%), from €230,622 to €139,746
- Debts after one year +€58,917
up €58,917 (+589%), from €10,000 to €68,917
- Accrued charges and deferred income +€45,000
up €45,000 (+900%), from €5,000 to €50,000
- Reserves +€29,354
up €29,354 (+15.7%), from €186,516 to €215,870
of which Distributable reserves: +€31,214
- Current portion of long-term debt +€23,954
new in 2024: €23,954
Income statement
- Gross operating margin +€55,515
up €55,515 (+44.8%), from €123,965 to €179,480
- Depreciation +€20,332
up €20,332 (+113%), from €17,937 to €38,269
- Other operating charges -€9,011
down €9,011 (-76.5%), from €11,784 to €2,772
- Staff costs +€6,891
up €6,891 (+7.6%), from €90,566 to €97,457
- Financial charges +€4,420
up €4,420 (+64,805%), from €7 to €4,427
Change in the result, 31-12-2023 to 31-12-2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 31-12-2023
€679
Gross operating margin
+€55,515
Staff costs
-€6,891
Depreciation
-€20,332
Other operating charges
+€9,011
Financial income
+€0
Financial charges
-€4,420
Taxes
-€4,209
Result 31-12-2024
€29,354
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 31-12-2023 and 31-12-2024 balance sheets and the 31-12-2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€40,229
Investment
-€175,988
Financing
+€82,872
Cash 31-12-2023
€179,182
From operations (derived)
+€40,229
Net result for the year
+€29,354
Depreciation
+€38,269
Stocks and contracts
-€980
Receivables within one year
+€32,391
Deferred charges and accrued income
-€4,414
Trade debts
-€90,876
Tax, wage and social debts
-€4,903
Advances received
-€3,689
Other debts
+€77
Accrued charges and deferred income
+€45,000
Investment (derived)
-€175,988
Investment in fixed assets (net)
-€175,988
Financing
+€82,872
Debts after one year
+€58,917
Current portion of long-term debt
+€23,954
Cash 31-12-2024
€126,294
brings cash intakes cash out
Every line side by side
| Line | Code | 31-12-2023 | 31-12-2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €532,919 | €590,753 | +€57,834 | +10.9% |
| Fixed assets | 21/28 | €77,504 | €215,224 | +€137,719 | +178% |
| Tangible fixed assets | 22/27 | €77,329 | €215,049 | +€137,719 | +178% |
| Furniture and vehicles | 24 | €77,329 | €215,049 | +€137,719 | +178% |
| Financial fixed assets | 28 | €175 | €175 | = | 0.0% |
| Current assets | 29/58 | €455,414 | €375,529 | -€79,885 | -17.5% |
| Stocks and contracts in progress | 3 | €27,072 | €28,052 | +€980 | +3.6% |
| Stocks | 30/36 | €27,072 | €28,052 | +€980 | +3.6% |
| Amounts receivable within one year | 40/41 | €249,160 | €216,768 | -€32,391 | -13.0% |
| Trade receivables | 40 | €243,492 | €216,768 | -€26,724 | -11.0% |
| Other amounts receivable | 41 | €5,668 | €0 | -€5,668 | -100% |
| Cash at bank and in hand | 54/58 | €179,182 | €126,294 | -€52,888 | -29.5% |
| Deferred charges and accrued income | 490/1 | - | €4,414 | +€4,414 | |
| Total equity and liabilities | 10/49 | €532,919 | €590,753 | +€57,834 | +10.9% |
| Equity | 10/15 | €205,116 | €234,470 | +€29,354 | +14.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | - | -€18,600 | |
| Other | 1109/19 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €186,516 | €215,870 | +€29,354 | +15.7% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Distributable reserves | 133 | €184,656 | €215,870 | +€31,214 | +16.9% |
| Amounts payable | 17/49 | €327,803 | €356,283 | +€28,480 | +8.7% |
| Amounts payable after more than one year | 17 | €10,000 | €68,917 | +€58,917 | +589% |
| Financial debts | 170/4 | €10,000 | €68,917 | +€58,917 | +589% |
| Amounts payable within one year | 42/48 | €312,803 | €237,365 | -€75,437 | -24.1% |
| Current portion of amounts payable after more than one year | 42 | - | €23,954 | +€23,954 | |
| Trade debts | 44 | €230,622 | €139,746 | -€90,876 | -39.4% |
| Suppliers | 440/4 | €230,622 | €139,746 | -€90,876 | -39.4% |
| Advances received on contracts in progress | 46 | €3,689 | €0 | -€3,689 | -100% |
| Taxes, remuneration and social security | 45 | €66,440 | €61,536 | -€4,903 | -7.4% |
| Taxes | 450/3 | €50,671 | €50,734 | +€63 | +0.1% |
| Remuneration and social security | 454/9 | €15,769 | €10,802 | -€4,967 | -31.5% |
| Other amounts payable | 47/48 | €12,051 | €12,128 | +€77 | +0.6% |
| Accrued charges and deferred income | 492/3 | €5,000 | €50,000 | +€45,000 | +900% |
| Remuneration, social security and pensions | 62 | €90,566 | €97,457 | +€6,891 | +7.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,937 | €38,269 | +€20,332 | +113% |
| Other operating charges | 640/8 | €11,784 | €2,772 | -€9,011 | -76.5% |
| Gross operating margin | 9900 | €123,965 | €179,480 | +€55,515 | +44.8% |
| Operating profit (loss) | 9901 | €3,679 | €40,982 | +€37,303 | +1,014% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €7 | €4,427 | +€4,420 | +64,805% |
| Recurring financial charges | 65 | €7 | €4,427 | +€4,420 | +64,805% |
| Profit (loss) for the period before taxes | 9903 | €3,672 | €36,556 | +€32,884 | +896% |
| Income taxes | 67/77 | €2,993 | €7,201 | +€4,209 | +141% |
| Profit (loss) for the period | 9904 | €679 | €29,354 | +€28,675 | +4,222% |
| Profit (loss) for the period to be appropriated | 9905 | €679 | €29,354 | +€28,675 | +4,222% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.