G97: 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.
G97
Largest movements
- Receivables within one year +€143,292
up €143,292 (+621%), from €23,061 to €166,353
of which Trade receivables: +€117,320
- Tangible fixed assets +€130,728
up €130,728 (+213%), from €61,245 to €191,973
of which Other tangible fixed assets: +€83,286
- Cash +€5,570
up €5,570 (+211%), from €2,640 to €8,210
mainly Other debts (+€449,003) and Trade debts (+€123,804)
- Other debts +€449,003
up €449,003 (+296%), from €151,490 to €600,494
- Profit (loss) carried forward -€314,660
down €314,660 (-181%), from -€174,284 to -€488,944
- Trade debts +€123,804
up €123,804 (+5,076%), from €2,439 to €126,243
- Tax, wage and social debts +€22,696
up €22,696 (+255%), from €8,883 to €31,579
of which Remuneration and social security: +€22,371
- Staff costs +€173,066
up €173,066 (+340%), from €50,827 to €223,894
- Gross operating margin -€61,218
down €61,218, from €4,455 to -€56,763
- Depreciation +€15,462
up €15,462 (+118%), from €13,113 to €28,574
- Other operating charges +€731
up €731 (+19.7%), from €3,708 to €4,439
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 | €111,064 | €389,372 | +€278,308 | +251% |
| Formation expenses | 20 | €209 | €0 | -€209 | -100% |
| Fixed assets | 21/28 | €78,153 | €206,738 | +€128,585 | +165% |
| Intangible fixed assets | 21 | €6,458 | €4,315 | -€2,143 | -33.2% |
| Tangible fixed assets | 22/27 | €61,245 | €191,973 | +€130,728 | +213% |
| Plant, machinery and equipment | 23 | €35,806 | €83,631 | +€47,825 | +134% |
| Furniture and vehicles | 24 | €425 | €42 | -€383 | -90.1% |
| Other tangible fixed assets | 26 | €25,014 | €108,300 | +€83,286 | +333% |
| Financial fixed assets | 28 | €10,450 | €10,450 | = | 0.0% |
| Current assets | 29/58 | €32,701 | €182,634 | +€149,933 | +458% |
| Stocks and contracts in progress | 3 | €7,000 | €7,000 | = | 0.0% |
| Stocks | 30/36 | €7,000 | €7,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €23,061 | €166,353 | +€143,292 | +621% |
| Trade receivables | 40 | €1,446 | €118,766 | +€117,320 | +8,113% |
| Other amounts receivable | 41 | €21,615 | €47,587 | +€25,972 | +120% |
| Cash at bank and in hand | 54/58 | €2,640 | €8,210 | +€5,570 | +211% |
| Deferred charges and accrued income | 490/1 | - | €1,071 | +€1,071 | |
| Total equity and liabilities | 10/49 | €111,064 | €389,372 | +€278,308 | +251% |
| Equity | 10/15 | -€154,284 | -€468,944 | -€314,660 | -204% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€174,284 | -€488,944 | -€314,660 | -181% |
| Amounts payable | 17/49 | €265,348 | €858,316 | +€592,968 | +223% |
| Amounts payable after more than one year | 17 | €100,000 | €100,000 | = | 0.0% |
| Financial debts | 170/4 | €100,000 | €100,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €165,348 | €758,316 | +€592,968 | +359% |
| Trade debts | 44 | €2,439 | €126,243 | +€123,804 | +5,076% |
| Suppliers | 440/4 | €2,439 | €126,243 | +€123,804 | +5,076% |
| Advances received on contracts in progress | 46 | €2,535 | €0 | -€2,535 | -100% |
| Taxes, remuneration and social security | 45 | €8,883 | €31,579 | +€22,696 | +255% |
| Taxes | 450/3 | €633 | €958 | +€325 | +51.4% |
| Remuneration and social security | 454/9 | €8,250 | €30,621 | +€22,371 | +271% |
| Other amounts payable | 47/48 | €151,490 | €600,494 | +€449,003 | +296% |
| Remuneration, social security and pensions | 62 | €50,827 | €223,894 | +€173,066 | +340% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,113 | €28,574 | +€15,462 | +118% |
| Other operating charges | 640/8 | €3,708 | €4,439 | +€731 | +19.7% |
| Gross operating margin | 9900 | €4,455 | -€56,763 | -€61,218 | |
| Operating profit (loss) | 9901 | -€63,193 | -€313,670 | -€250,477 | -396% |
| Financial income | 75/76B | €44 | €35 | -€9 | -19.4% |
| Recurring financial income | 75 | €44 | €35 | -€9 | -19.4% |
| Financial charges | 65/66B | €873 | €1,025 | +€152 | +17.4% |
| Recurring financial charges | 65 | €873 | €1,025 | +€152 | +17.4% |
| Profit (loss) for the period before taxes | 9903 | -€64,022 | -€314,660 | -€250,638 | -391% |
| Profit (loss) for the period | 9904 | -€64,022 | -€314,660 | -€250,638 | -391% |
| Profit (loss) for the period to be appropriated | 9905 | -€64,022 | -€314,660 | -€250,638 | -391% |
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 21 October 2026 via checked.be.