GAAS-FI: 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.
GAAS-FI
Largest movements
- Receivables within one year +€73,356
up €73,356 (+113%), from €64,860 to €138,216
of which Other amounts receivable: +€39,796
- Cash +€40,350
up €40,350 (+153%), from €26,444 to €66,794
mainly Net result for the year (+€56,068) and Provisions (+€36,423)
- Tangible fixed assets -€4,586
down €4,586 (-31.4%), from €14,606 to €10,020
of which Furniture and vehicles: -€5,939
- Deferred charges and accrued income +€2,227
up €2,227 (+128%), from €1,740 to €3,967
- Profit (loss) carried forward +€56,068
up €56,068 (+79.2%), from €70,817 to €126,885
- Provisions +€36,423
new in 2024: €36,423
- Tax, wage and social debts +€15,201
up €15,201 (+45.6%), from €33,346 to €48,547
- Trade debts +€3,617
up €3,617 (+743%), from €487 to €4,105
- Gross operating margin +€65,532
up €65,532 (+112%), from €58,690 to €124,222
- Provisions +€36,423
new in 2024: €36,423
- Taxes +€15,090
up €15,090 (+120%), from €12,559 to €27,649
- Financial income +€1,480
up €1,480 (+681%), from €217 to €1,697
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 | €107,650 | €218,997 | +€111,347 | +103% |
| Fixed assets | 21/28 | €14,606 | €10,020 | -€4,586 | -31.4% |
| Tangible fixed assets | 22/27 | €14,606 | €10,020 | -€4,586 | -31.4% |
| Furniture and vehicles | 24 | €7,693 | €1,754 | -€5,939 | -77.2% |
| Other tangible fixed assets | 26 | €6,913 | €8,266 | +€1,353 | +19.6% |
| Current assets | 29/58 | €93,044 | €208,977 | +€115,933 | +125% |
| Amounts receivable within one year | 40/41 | €64,860 | €138,216 | +€73,356 | +113% |
| Trade receivables | 40 | €56,749 | €90,309 | +€33,560 | +59.1% |
| Other amounts receivable | 41 | €8,111 | €47,907 | +€39,796 | +491% |
| Cash at bank and in hand | 54/58 | €26,444 | €66,794 | +€40,350 | +153% |
| Deferred charges and accrued income | 490/1 | €1,740 | €3,967 | +€2,227 | +128% |
| Total equity and liabilities | 10/49 | €107,650 | €218,997 | +€111,347 | +103% |
| Equity | 10/15 | €73,817 | €129,885 | +€56,068 | +76.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €70,817 | €126,885 | +€56,068 | +79.2% |
| Provisions and deferred taxes | 16 | - | €36,423 | +€36,423 | |
| Provisions for liabilities and charges | 160/5 | - | €36,423 | +€36,423 | |
| Other liabilities and charges | 164/5 | - | €36,423 | +€36,423 | |
| Amounts payable | 17/49 | €33,833 | €52,689 | +€18,856 | +55.7% |
| Amounts payable within one year | 42/48 | €33,833 | €52,651 | +€18,818 | +55.6% |
| Trade debts | 44 | €487 | €4,105 | +€3,617 | +743% |
| Suppliers | 440/4 | €487 | €4,105 | +€3,617 | +743% |
| Taxes, remuneration and social security | 45 | €33,346 | €48,547 | +€15,201 | +45.6% |
| Taxes | 450/3 | €33,346 | €48,547 | +€15,201 | +45.6% |
| Accrued charges and deferred income | 492/3 | - | €38 | +€38 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,586 | €4,586 | = | 0.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €36,423 | +€36,423 | |
| Other operating charges | 640/8 | €759 | €784 | +€25 | +3.3% |
| Gross operating margin | 9900 | €58,690 | €124,222 | +€65,532 | +112% |
| Operating profit (loss) | 9901 | €53,345 | €82,429 | +€29,084 | +54.5% |
| Financial income | 75/76B | €217 | €1,697 | +€1,480 | +681% |
| Recurring financial income | 75 | €217 | €1,697 | +€1,480 | +681% |
| Financial charges | 65/66B | €147 | €410 | +€263 | +179% |
| Recurring financial charges | 65 | €147 | €410 | +€263 | +179% |
| Profit (loss) for the period before taxes | 9903 | €53,416 | €83,717 | +€30,301 | +56.7% |
| Income taxes | 67/77 | €12,559 | €27,649 | +€15,090 | +120% |
| Profit (loss) for the period | 9904 | €40,857 | €56,068 | +€15,211 | +37.2% |
| Profit (loss) for the period to be appropriated | 9905 | €40,857 | €56,068 | +€15,211 | +37.2% |
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 17 October 2026 via checked.be.