GANAR: 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.
GANAR
Largest movements
- Receivables within one year +€26,925
up €26,925 (+168.3%), from €15,995 to €42,921
of which Trade receivables: +€23,124
- Tangible fixed assets -€2,555
down €2,555 (-42.5%), from €6,018 to €3,463
of which Furniture and vehicles: -€2,167
- Cash -€2,198
down €2,198 (-12.7%), from €17,372 to €15,174
mainly Contributions, distributions and other (-€30,000) and Receivables within one year (-€26,925)
- Deferred charges and accrued income -€1,606
no longer reported in 2024 (was €1,606)
- Accrued charges and deferred income +€16,208
new in 2024: €16,208
- Reserves +€4,411
up €4,411 (+10.7%), from €41,186 to €45,597
of which Distributable reserves: +€4,411
- Gross operating margin +€32,198
up €32,198 (+250.2%), from €12,870 to €45,068
- Taxes +€5,920
up €5,920 (+271.3%), from €2,182 to €8,102
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 | €40,991 | €61,558 | +€20,566 | +50.2% |
| Fixed assets | 21/28 | €6,018 | €3,463 | -€2,555 | -42.5% |
| Tangible fixed assets | 22/27 | €6,018 | €3,463 | -€2,555 | -42.5% |
| Plant, machinery and equipment | 23 | €1,685 | €1,296 | -€389 | -23.1% |
| Furniture and vehicles | 24 | €4,333 | €2,167 | -€2,167 | -50.0% |
| Current assets | 29/58 | €34,973 | €58,095 | +€23,122 | +66.1% |
| Amounts receivable within one year | 40/41 | €15,995 | €42,921 | +€26,925 | +168.3% |
| Trade receivables | 40 | €6,942 | €30,066 | +€23,124 | +333.1% |
| Other amounts receivable | 41 | €9,053 | €12,855 | +€3,802 | +42.0% |
| Cash at bank and in hand | 54/58 | €17,372 | €15,174 | -€2,198 | -12.7% |
| Deferred charges and accrued income | 490/1 | €1,606 | - | -€1,606 | |
| Total equity and liabilities | 10/49 | €40,991 | €61,558 | +€20,566 | +50.2% |
| Equity | 10/15 | €40,288 | €44,699 | +€4,411 | +10.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €41,186 | €45,597 | +€4,411 | +10.7% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €39,327 | €43,738 | +€4,411 | +11.2% |
| Profit (loss) carried forward | 14 | -€19,490 | -€19,490 | = | 0.0% |
| Amounts payable | 17/49 | €703 | €16,859 | +€16,155 | +2297.0% |
| Amounts payable within one year | 42/48 | €703 | €651 | -€52 | -7.4% |
| Trade debts | 44 | €703 | €651 | -€52 | -7.4% |
| Suppliers | 440/4 | €703 | €651 | -€52 | -7.4% |
| Accrued charges and deferred income | 492/3 | - | €16,208 | +€16,208 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,426 | €2,555 | +€130 | +5.3% |
| Gross operating margin | 9900 | €12,870 | €45,068 | +€32,198 | +250.2% |
| Operating profit (loss) | 9901 | €10,444 | €42,513 | +€32,069 | +307.0% |
| Profit (loss) for the period before taxes | 9903 | €10,444 | €42,513 | +€32,069 | +307.0% |
| Income taxes | 67/77 | €2,182 | €8,102 | +€5,920 | +271.3% |
| Profit (loss) for the period | 9904 | €8,262 | €34,411 | +€26,148 | +316.5% |
| Profit (loss) for the period to be appropriated | 9905 | €8,262 | €34,411 | +€26,148 | +316.5% |
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 9 October 2026 via checked.be.