GABCOM: 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.
GABCOM
Largest movements
- Receivables within one year +€52,444
up €52,444 (+93.7%), from €55,971 to €108,415
of which Trade receivables: +€56,334
- Stocks and contracts -€37,922
down €37,922 (-58.2%), from €65,123 to €27,201
- Tangible fixed assets -€9,564
down €9,564 (-29.1%), from €32,890 to €23,326
of which Furniture and vehicles: -€8,409
- Profit (loss) carried forward -€26,360
down €26,360 (-143.8%), from -€18,325 to -€44,685
- Other debts +€14,513
up €14,513 (+20.4%), from €71,288 to €85,801
- Trade debts +€11,588
up €11,588 (+93.4%), from €12,404 to €23,992
- Tax, wage and social debts +€4,933
up €4,933 (+131.2%), from €3,760 to €8,693
of which Taxes: +€4,598
- Gross operating margin -€34,967
down €34,967 (-81.3%), from €42,985 to €8,018
- Depreciation -€5,114
down €5,114 (-34.8%), from €14,678 to €9,564
- Other operating charges +€3,280
up €3,280 (+538.3%), from €609 to €3,889
- Taxes -€2,126
down €2,126 (-90.9%), from €2,338 to €212
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 | €156,683 | €161,356 | +€4,673 | +3.0% |
| Fixed assets | 21/28 | €32,890 | €23,326 | -€9,564 | -29.1% |
| Tangible fixed assets | 22/27 | €32,890 | €23,326 | -€9,564 | -29.1% |
| Land and buildings | 22 | €1,417 | €1,063 | -€354 | -25.0% |
| Plant, machinery and equipment | 23 | €2,555 | €1,754 | -€801 | -31.4% |
| Furniture and vehicles | 24 | €28,919 | €20,510 | -€8,409 | -29.1% |
| Current assets | 29/58 | €123,792 | €138,030 | +€14,237 | +11.5% |
| Stocks and contracts in progress | 3 | €65,123 | €27,201 | -€37,922 | -58.2% |
| Stocks | 30/36 | €65,123 | €27,201 | -€37,922 | -58.2% |
| Amounts receivable within one year | 40/41 | €55,971 | €108,415 | +€52,444 | +93.7% |
| Trade receivables | 40 | €51,991 | €108,325 | +€56,334 | +108.4% |
| Other amounts receivable | 41 | €3,980 | €90 | -€3,890 | -97.7% |
| Cash at bank and in hand | 54/58 | €592 | €1,645 | +€1,054 | +178.0% |
| Deferred charges and accrued income | 490/1 | €2,107 | €769 | -€1,338 | -63.5% |
| Total equity and liabilities | 10/49 | €156,683 | €161,356 | +€4,673 | +3.0% |
| Equity | 10/15 | -€1,919 | -€28,279 | -€26,360 | -1374.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €4,006 | €4,006 | = | 0.0% |
| Distributable reserves | 133 | €4,006 | €4,006 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,325 | -€44,685 | -€26,360 | -143.8% |
| Amounts payable | 17/49 | €158,601 | €189,635 | +€31,034 | +19.6% |
| Amounts payable after more than one year | 17 | €71,150 | €71,150 | = | 0.0% |
| Financial debts | 170/4 | €71,150 | €71,150 | = | 0.0% |
| Amounts payable within one year | 42/48 | €87,451 | €118,485 | +€31,034 | +35.5% |
| Trade debts | 44 | €12,404 | €23,992 | +€11,588 | +93.4% |
| Suppliers | 440/4 | €12,404 | €23,992 | +€11,588 | +93.4% |
| Taxes, remuneration and social security | 45 | €3,760 | €8,693 | +€4,933 | +131.2% |
| Taxes | 450/3 | €3,283 | €7,882 | +€4,598 | +140.1% |
| Remuneration and social security | 454/9 | €477 | €811 | +€334 | +70.1% |
| Other amounts payable | 47/48 | €71,288 | €85,801 | +€14,513 | +20.4% |
| Remuneration, social security and pensions | 62 | €20,460 | €20,604 | +€144 | +0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,678 | €9,564 | -€5,114 | -34.8% |
| Other operating charges | 640/8 | €609 | €3,889 | +€3,280 | +538.3% |
| Gross operating margin | 9900 | €42,985 | €8,018 | -€34,967 | -81.3% |
| Operating profit (loss) | 9901 | €7,238 | -€26,038 | -€33,277 | |
| Financial income | 75/76B | €12 | - | -€12 | |
| Recurring financial income | 75 | €12 | - | -€12 | |
| Financial charges | 65/66B | €346 | €109 | -€236 | -68.3% |
| Recurring financial charges | 65 | €346 | €109 | -€236 | -68.3% |
| Profit (loss) for the period before taxes | 9903 | €6,904 | -€26,148 | -€33,052 | |
| Income taxes | 67/77 | €2,338 | €212 | -€2,126 | -90.9% |
| Profit (loss) for the period | 9904 | €4,566 | -€26,360 | -€30,927 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,566 | -€26,360 | -€30,927 |
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 12 October 2026 via checked.be.