GA Management: 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.
GA Management
Largest movements
- Cash +€17,426
up €17,426 (+36.4%), from €47,851 to €65,277
mainly Tax, wage and social debts (+€9,935) and Net result for the year (+€9,712)
- Receivables within one year -€2,095
down €2,095 (-32.1%), from €6,526 to €4,431
of which Trade receivables: -€1,902
- Tax, wage and social debts +€9,935
up €9,935 (+23,729%), from €42 to €9,977
- Reserves +€9,712
up €9,712 (+1,485%), from €654 to €10,366
- Other debts -€6,502
down €6,502 (-12.7%), from €51,267 to €44,765
- Accrued charges and deferred income +€2,000
new in 2023: €2,000
- Gross operating margin +€12,036
up €12,036 (+1,166%), from €1,032 to €13,068
- Taxes +€3,131
new in 2023: €3,131
- Other operating charges -€282
no longer reported in 2023 (was €282)
- Depreciation +€185
up €185 (+749%), from €25 to €209
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 | €55,400 | €70,521 | +€15,121 | +27.3% |
| Fixed assets | 21/28 | €1,023 | €813 | -€209 | -20.5% |
| Tangible fixed assets | 22/27 | €1,023 | €813 | -€209 | -20.5% |
| Furniture and vehicles | 24 | €1,023 | €813 | -€209 | -20.5% |
| Current assets | 29/58 | €54,378 | €69,708 | +€15,331 | +28.2% |
| Amounts receivable within one year | 40/41 | €6,526 | €4,431 | -€2,095 | -32.1% |
| Trade receivables | 40 | €6,333 | €4,431 | -€1,902 | -30.0% |
| Other amounts receivable | 41 | €193 | - | -€193 | |
| Cash at bank and in hand | 54/58 | €47,851 | €65,277 | +€17,426 | +36.4% |
| Total equity and liabilities | 10/49 | €55,400 | €70,521 | +€15,121 | +27.3% |
| Equity | 10/15 | €1,654 | €11,366 | +€9,712 | +587% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €654 | €10,366 | +€9,712 | +1,485% |
| Distributable reserves | 133 | €654 | €10,366 | +€9,712 | +1,485% |
| Amounts payable | 17/49 | €53,746 | €59,155 | +€5,409 | +10.1% |
| Amounts payable within one year | 42/48 | €53,746 | €57,155 | +€3,409 | +6.3% |
| Trade debts | 44 | €2,438 | €2,414 | -€24 | -1.0% |
| Suppliers | 440/4 | €2,438 | €2,414 | -€24 | -1.0% |
| Taxes, remuneration and social security | 45 | €42 | €9,977 | +€9,935 | +23,729% |
| Taxes | 450/3 | €42 | €9,977 | +€9,935 | +23,729% |
| Other amounts payable | 47/48 | €51,267 | €44,765 | -€6,502 | -12.7% |
| Accrued charges and deferred income | 492/3 | - | €2,000 | +€2,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25 | €209 | +€185 | +749% |
| Other operating charges | 640/8 | €282 | - | -€282 | |
| Gross operating margin | 9900 | €1,032 | €13,068 | +€12,036 | +1,166% |
| Operating profit (loss) | 9901 | €726 | €12,859 | +€12,133 | +1,671% |
| Financial charges | 65/66B | €72 | €16 | -€56 | -77.9% |
| Recurring financial charges | 65 | €72 | €16 | -€56 | -77.9% |
| Profit (loss) for the period before taxes | 9903 | €654 | €12,843 | +€12,188 | +1,863% |
| Income taxes | 67/77 | - | €3,131 | +€3,131 | |
| Profit (loss) for the period | 9904 | €654 | €9,712 | +€9,058 | +1,385% |
| Profit (loss) for the period to be appropriated | 9905 | €654 | €9,712 | +€9,058 | +1,385% |
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 23 October 2026 via checked.be.