GAB ADVISORY: 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.
GAB ADVISORY
Largest movements
- Cash +€10,503
up €10,503 (+41.8%), from €25,098 to €35,602
mainly Other debts (+€26,816) and Net result for the year (+€23,075)
- Receivables within one year -€10,477
down €10,477 (-13.8%), from €75,883 to €65,406
of which Trade receivables: -€29,738
- Advances received -€36,831
no longer reported in 2024 (was €36,831)
- Other debts +€26,816
up €26,816 (+3219.2%), from €833 to €27,649
- Trade debts +€12,584
up €12,584 (+155.0%), from €8,119 to €20,703
- Profit (loss) carried forward -€4,574
down €4,574 (-9.4%), from €48,542 to €43,968
- Tax, wage and social debts +€1,324
up €1,324 (+26.5%), from €4,998 to €6,322
- Gross operating margin -€9,583
down €9,583 (-25.5%), from €37,518 to €27,935
- Financial income +€1,875
up €1,875 (+169.2%), from €1,108 to €2,983
- Taxes -€1,278
down €1,278 (-15.6%), from €8,166 to €6,888
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.
Cash bridge derived
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 | €101,324 | €101,011 | -€313 | -0.3% |
| Fixed assets | 21/28 | €342 | €4 | -€339 | -98.9% |
| Tangible fixed assets | 22/27 | €342 | €4 | -€339 | -98.9% |
| Furniture and vehicles | 24 | €342 | €4 | -€339 | -98.9% |
| Current assets | 29/58 | €100,981 | €101,007 | +€26 | 0.0% |
| Amounts receivable within one year | 40/41 | €75,883 | €65,406 | -€10,477 | -13.8% |
| Trade receivables | 40 | €33,845 | €4,107 | -€29,738 | -87.9% |
| Other amounts receivable | 41 | €42,038 | €61,299 | +€19,261 | +45.8% |
| Cash at bank and in hand | 54/58 | €25,098 | €35,602 | +€10,503 | +41.8% |
| Total equity and liabilities | 10/49 | €101,324 | €101,011 | -€313 | -0.3% |
| Equity | 10/15 | €50,542 | €45,968 | -€4,574 | -9.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €48,542 | €43,968 | -€4,574 | -9.4% |
| Amounts payable | 17/49 | €50,782 | €55,043 | +€4,261 | +8.4% |
| Amounts payable within one year | 42/48 | €50,782 | €54,674 | +€3,892 | +7.7% |
| Trade debts | 44 | €8,119 | €20,703 | +€12,584 | +155.0% |
| Suppliers | 440/4 | €8,119 | €20,703 | +€12,584 | +155.0% |
| Advances received on contracts in progress | 46 | €36,831 | - | -€36,831 | |
| Taxes, remuneration and social security | 45 | €4,998 | €6,322 | +€1,324 | +26.5% |
| Taxes | 450/3 | €4,998 | €6,322 | +€1,324 | +26.5% |
| Other amounts payable | 47/48 | €833 | €27,649 | +€26,816 | +3219.2% |
| Accrued charges and deferred income | 492/3 | - | €369 | +€369 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €339 | €339 | = | 0.0% |
| Other operating charges | 640/8 | €584 | €387 | -€197 | -33.7% |
| Gross operating margin | 9900 | €37,518 | €27,935 | -€9,583 | -25.5% |
| Operating profit (loss) | 9901 | €36,595 | €27,209 | -€9,386 | -25.6% |
| Financial income | 75/76B | €1,108 | €2,983 | +€1,875 | +169.2% |
| Recurring financial income | 75 | €1,108 | €2,983 | +€1,875 | +169.2% |
| Financial charges | 65/66B | €181 | €229 | +€48 | +26.2% |
| Recurring financial charges | 65 | €181 | €229 | +€48 | +26.2% |
| Profit (loss) for the period before taxes | 9903 | €37,522 | €29,963 | -€7,558 | -20.1% |
| Income taxes | 67/77 | €8,166 | €6,888 | -€1,278 | -15.6% |
| Profit (loss) for the period | 9904 | €29,355 | €23,075 | -€6,280 | -21.4% |
| Profit (loss) for the period to be appropriated | 9905 | €29,355 | €23,075 | -€6,280 | -21.4% |
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 11 October 2026 via checked.be.