GAETEWAY: 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.
GAETEWAY
Largest movements
- Cash +€512,621
up €512,621 (+983.3%), from €52,135 to €564,756
mainly Net result for the year (+€421,764) and Tax, wage and social debts (+€134,882)
- Tangible fixed assets +€43,708
up €43,708 (+3812.9%), from €1,146 to €44,854
of which Furniture and vehicles: +€44,854
- Receivables within one year +€19,544
up €19,544 (+10260.5%), from €190 to €19,735
- Profit (loss) carried forward +€421,764
up €421,764 (+1085.2%), from €38,864 to €460,628
- Tax, wage and social debts +€134,882
up €134,882 (+1387.0%), from €9,725 to €144,607
- Debts after one year +€14,649
new in 2024: €14,649
- Financial income +€516,975
new in 2024: €516,975
of which Non-recurring financial income: +€510,915
- Taxes +€124,632
up €124,632 (+1281.6%), from €9,725 to €134,357
- Depreciation +€7,497
up €7,497 (+727.9%), from €1,030 to €8,527
- Gross operating margin -€1,051
down €1,051 (-2.1%), from €49,619 to €48,568
- Financial charges +€894
new in 2024: €894
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 | €53,480 | €629,950 | +€576,470 | +1077.9% |
| Fixed assets | 21/28 | €1,146 | €44,854 | +€43,708 | +3812.9% |
| Tangible fixed assets | 22/27 | €1,146 | €44,854 | +€43,708 | +3812.9% |
| Plant, machinery and equipment | 23 | €1,146 | - | -€1,146 | |
| Furniture and vehicles | 24 | - | €44,854 | +€44,854 | |
| Current assets | 29/58 | €52,334 | €585,096 | +€532,762 | +1018.0% |
| Amounts receivable within one year | 40/41 | €190 | €19,735 | +€19,544 | +10260.5% |
| Other amounts receivable | 41 | €190 | €19,735 | +€19,544 | +10260.5% |
| Cash at bank and in hand | 54/58 | €52,135 | €564,756 | +€512,621 | +983.3% |
| Deferred charges and accrued income | 490/1 | €8 | €605 | +€597 | +7257.1% |
| Total equity and liabilities | 10/49 | €53,480 | €629,950 | +€576,470 | +1077.9% |
| Equity | 10/15 | €42,864 | €464,628 | +€421,764 | +984.0% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,864 | €460,628 | +€421,764 | +1085.2% |
| Amounts payable | 17/49 | €10,616 | €165,322 | +€154,706 | +1457.3% |
| Amounts payable after more than one year | 17 | - | €14,649 | +€14,649 | |
| Financial debts | 170/4 | - | €14,649 | +€14,649 | |
| Amounts payable within one year | 42/48 | €10,616 | €150,673 | +€140,057 | +1319.3% |
| Current portion of amounts payable after more than one year | 42 | - | €6,021 | +€6,021 | |
| Trade debts | 44 | €490 | €39 | -€451 | -92.0% |
| Suppliers | 440/4 | €490 | €39 | -€451 | -92.0% |
| Taxes, remuneration and social security | 45 | €9,725 | €144,607 | +€134,882 | +1387.0% |
| Taxes | 450/3 | €9,725 | €144,607 | +€134,882 | +1387.0% |
| Other amounts payable | 47/48 | €401 | €7 | -€395 | -98.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,030 | €8,527 | +€7,497 | +727.9% |
| Gross operating margin | 9900 | €49,619 | €48,568 | -€1,051 | -2.1% |
| Operating profit (loss) | 9901 | €48,589 | €40,041 | -€8,548 | -17.6% |
| Financial income | 75/76B | - | €516,975 | +€516,975 | |
| Recurring financial income | 75 | - | €6,060 | +€6,060 | |
| Non-recurring financial income | 76B | - | €510,915 | +€510,915 | |
| Financial charges | 65/66B | - | €894 | +€894 | |
| Recurring financial charges | 65 | - | €894 | +€894 | |
| Profit (loss) for the period before taxes | 9903 | €48,589 | €556,121 | +€507,532 | +1044.5% |
| Income taxes | 67/77 | €9,725 | €134,357 | +€124,632 | +1281.6% |
| Profit (loss) for the period | 9904 | €38,864 | €421,764 | +€382,900 | +985.2% |
| Profit (loss) for the period to be appropriated | 9905 | €38,864 | €421,764 | +€382,900 | +985.2% |
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 30 September 2026 via checked.be.