GABS: what changed
Two fiscal 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.
GABS
Largest movements
- Tangible fixed assets +€27,287
up €27,287 (+37.3%), from €73,197 to €100,484
of which Land and buildings: +€33,015
- Deferred charges and accrued income +€17,032
new in 2024: €17,032
- Receivables within one year -€9,025
down €9,025 (-78.1%), from €11,559 to €2,535
of which Other amounts receivable: -€7,581
- Cash -€5,510
down €5,510 (-92.6%), from €5,948 to €437
mainly Investment in fixed assets (net) (-€33,015) and Advances received (-€29,309)
- Current portion of long-term debt +€50,489
new in 2024: €50,489
- Advances received -€29,309
no longer reported in 2024 (was €29,309)
- Profit (loss) carried forward +€4,885
up €4,885 (+32.6%), from €14,996 to €19,881
- Trade debts +€4,371
up €4,371 (+155.0%), from €2,820 to €7,191
- Tax, wage and social debts -€2,907
down €2,907 (-12.2%), from €23,895 to €20,988
- Purchases and services +€40,681
new in 2024: €40,681
- Gross operating margin +€23,297
up €23,297, from -€12,371 to €10,926
- Depreciation -€2,129
down €2,129 (-27.1%), from €7,858 to €5,728
- Financial charges +€295
up €295 (+1638.4%), from €18 to €313
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 | €94,334 | €124,118 | +€29,784 | +31.6% |
| Fixed assets | 21/28 | €73,197 | €100,484 | +€27,287 | +37.3% |
| Tangible fixed assets | 22/27 | €73,197 | €100,484 | +€27,287 | +37.3% |
| Land and buildings | 22 | €66,379 | €99,394 | +€33,015 | +49.7% |
| Plant, machinery and equipment | 23 | €1,650 | €1,089 | -€561 | -34.0% |
| Furniture and vehicles | 24 | €5,168 | - | -€5,168 | |
| Current assets | 29/58 | €21,137 | €23,634 | +€2,497 | +11.8% |
| Stocks and contracts in progress | 3 | €3,630 | €3,630 | = | 0.0% |
| Stocks | 30/36 | €3,630 | €3,630 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €11,559 | €2,535 | -€9,025 | -78.1% |
| Trade receivables | 40 | €2,680 | €1,237 | -€1,443 | -53.9% |
| Other amounts receivable | 41 | €8,879 | €1,298 | -€7,581 | -85.4% |
| Cash at bank and in hand | 54/58 | €5,948 | €437 | -€5,510 | -92.6% |
| Deferred charges and accrued income | 490/1 | - | €17,032 | +€17,032 | |
| Total equity and liabilities | 10/49 | €94,334 | €124,118 | +€29,784 | +31.6% |
| Equity | 10/15 | €35,456 | €40,341 | +€4,885 | +13.8% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Capital | 10 | €20,460 | €20,460 | = | 0.0% |
| Issued capital | 100 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,996 | €19,881 | +€4,885 | +32.6% |
| Amounts payable | 17/49 | €58,878 | €83,777 | +€24,899 | +42.3% |
| Amounts payable within one year | 42/48 | €58,878 | €83,777 | +€24,899 | +42.3% |
| Current portion of amounts payable after more than one year | 42 | - | €50,489 | +€50,489 | |
| Trade debts | 44 | €2,820 | €7,191 | +€4,371 | +155.0% |
| Suppliers | 440/4 | €2,820 | €7,191 | +€4,371 | +155.0% |
| Advances received on contracts in progress | 46 | €29,309 | - | -€29,309 | |
| Taxes, remuneration and social security | 45 | €23,895 | €20,988 | -€2,907 | -12.2% |
| Taxes | 450/3 | €23,895 | €20,988 | -€2,907 | -12.2% |
| Other amounts payable | 47/48 | €2,854 | €5,108 | +€2,254 | +79.0% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €40,681 | +€40,681 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,858 | €5,728 | -€2,129 | -27.1% |
| Gross operating margin | 9900 | -€12,371 | €10,926 | +€23,297 | |
| Operating profit (loss) | 9901 | -€20,228 | €5,198 | +€25,426 | |
| Financial charges | 65/66B | €18 | €313 | +€295 | +1638.4% |
| Recurring financial charges | 65 | €18 | €313 | +€295 | +1638.4% |
| Profit (loss) for the period before taxes | 9903 | -€20,246 | €4,885 | +€25,131 | |
| Profit (loss) for the period | 9904 | -€20,246 | €4,885 | +€25,131 | |
| Profit (loss) for the period to be appropriated | 9905 | -€20,246 | €4,885 | +€25,131 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.