G-Telecom Belgium: 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-Telecom Belgium
Largest movements
- Receivables within one year +€2.9m
up €2.9m (+162%), from €1.8m to €4.6m
of which Other amounts receivable: +€3.7m
- Tax, wage and social debts +€3.1m
up €3.1m (+6,312%), from €49,537 to €3.2m
- Accrued charges and deferred income -€451,225
down €451,225 (-33.4%), from €1.3m to €897,760
- Profit (loss) carried forward +€172,669
up €172,669 (+48.6%), from €355,015 to €527,684
- Write-downs -€277,160
down €277,160 (-90.9%), from €305,031 to €27,871
- Financial charges +€251,397
up €251,397 (+276%), from €90,963 to €342,360
- Gross operating margin +€79,433
up €79,433 (+18.6%), from €426,643 to €506,076
- Financial income +€78,309
up €78,309 (+398%), from €19,686 to €97,995
- Taxes +€37,346
up €37,346 (+157%), from €23,824 to €61,170
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,927,359 | €4,777,281 | +€2.8m | +148% |
| Current assets | 29/58 | €1,927,359 | €4,777,281 | +€2.8m | +148% |
| Amounts receivable within one year | 40/41 | €1,767,105 | €4,622,433 | +€2.9m | +162% |
| Trade receivables | 40 | €1,594,721 | €778,150 | -€816,571 | -51.2% |
| Other amounts receivable | 41 | €172,384 | €3,844,283 | +€3.7m | +2,130% |
| Cash at bank and in hand | 54/58 | €8,685 | €4,164 | -€4,521 | -52.1% |
| Deferred charges and accrued income | 490/1 | €151,569 | €150,684 | -€885 | -0.6% |
| Total equity and liabilities | 10/49 | €1,927,359 | €4,777,281 | +€2.8m | +148% |
| Equity | 10/15 | €375,420 | €548,089 | +€172,669 | +46.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | - | -€1,855 | |
| Reserves not available under the articles | 1311 | €1,855 | - | -€1,855 | |
| Distributable reserves | 133 | - | €1,855 | +€1,855 | |
| Profit (loss) carried forward | 14 | €355,015 | €527,684 | +€172,669 | +48.6% |
| Provisions and deferred taxes | 16 | €148,920 | €148,920 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €148,920 | €148,920 | = | 0.0% |
| Other liabilities and charges | 164/5 | €148,920 | €148,920 | = | 0.0% |
| Amounts payable | 17/49 | €1,403,019 | €4,080,272 | +€2.7m | +191% |
| Amounts payable within one year | 42/48 | €54,034 | €3,182,512 | +€3.1m | +5,790% |
| Trade debts | 44 | €4,497 | €6,182 | +€1,685 | +37.5% |
| Suppliers | 440/4 | €4,497 | €6,182 | +€1,685 | +37.5% |
| Taxes, remuneration and social security | 45 | €49,537 | €3,176,330 | +€3.1m | +6,312% |
| Taxes | 450/3 | €49,537 | €3,176,330 | +€3.1m | +6,312% |
| Accrued charges and deferred income | 492/3 | €1,348,985 | €897,760 | -€451,225 | -33.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €305,031 | €27,871 | -€277,160 | -90.9% |
| Gross operating margin | 9900 | €426,643 | €506,076 | +€79,433 | +18.6% |
| Operating profit (loss) | 9901 | €121,612 | €478,205 | +€356,593 | +293% |
| Financial income | 75/76B | €19,686 | €97,995 | +€78,309 | +398% |
| Recurring financial income | 75 | €19,686 | €97,995 | +€78,309 | +398% |
| Financial charges | 65/66B | €90,963 | €342,360 | +€251,397 | +276% |
| Recurring financial charges | 65 | €90,963 | €342,360 | +€251,397 | +276% |
| Profit (loss) for the period before taxes | 9903 | €50,335 | €233,840 | +€183,505 | +365% |
| Income taxes | 67/77 | €23,824 | €61,170 | +€37,346 | +157% |
| Profit (loss) for the period | 9904 | €26,511 | €172,670 | +€146,159 | +551% |
| Profit (loss) for the period to be appropriated | 9905 | €26,511 | €172,670 | +€146,159 | +551% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.