GANSA: 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.
GANSA
Largest movements
- Tangible fixed assets -€8,858
down €8,858 (-31.1%), from €28,467 to €19,609
of which Furniture and vehicles: -€7,297
- Stocks and contracts -€5,431
down €5,431 (-64.4%), from €8,431 to €3,000
- Cash +€3,780
up €3,780 (+131.2%), from €2,881 to €6,661
mainly Other debts (+€39,198) and Depreciation (+€11,773)
- Receivables within one year +€2,580
up €2,580 (+38.5%), from €6,698 to €9,278
of which Trade receivables: +€2,455
- Deferred charges and accrued income -€1,801
down €1,801 (-97.8%), from €1,841 to €40
- Debts after one year -€42,000
down €42,000 (-100.0%), from €42,000 to €0
- Other debts +€39,198
up €39,198 (+29.4%), from €133,514 to €172,712
- Trade debts -€9,565
down €9,565 (-31.5%), from €30,372 to €20,807
- Profit (loss) carried forward +€6,319
up €6,319 (+3.4%), from -€185,383 to -€179,065
- Current portion of long-term debt -€3,543
down €3,543 (-100.0%), from €3,543 to €0
- Gross operating margin -€35,502
down €35,502 (-25.1%), from €141,421 to €105,919
- Staff costs +€2,810
up €2,810 (+3.6%), from €78,164 to €80,974
- Depreciation -€1,891
down €1,891 (-13.8%), from €13,664 to €11,773
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 | €48,557 | €38,588 | -€9,969 | -20.5% |
| Fixed assets | 21/28 | €28,705 | €19,609 | -€9,096 | -31.7% |
| Tangible fixed assets | 22/27 | €28,467 | €19,609 | -€8,858 | -31.1% |
| Land and buildings | 22 | €9,424 | €5,341 | -€4,083 | -43.3% |
| Plant, machinery and equipment | 23 | €194 | €2,717 | +€2,522 | +1298.0% |
| Furniture and vehicles | 24 | €18,849 | €11,552 | -€7,297 | -38.7% |
| Financial fixed assets | 28 | €238 | €0 | -€238 | -100.0% |
| Current assets | 29/58 | €19,851 | €18,978 | -€873 | -4.4% |
| Stocks and contracts in progress | 3 | €8,431 | €3,000 | -€5,431 | -64.4% |
| Stocks | 30/36 | €8,431 | €3,000 | -€5,431 | -64.4% |
| Amounts receivable within one year | 40/41 | €6,698 | €9,278 | +€2,580 | +38.5% |
| Trade receivables | 40 | €5,293 | €7,748 | +€2,455 | +46.4% |
| Other amounts receivable | 41 | €1,405 | €1,530 | +€125 | +8.9% |
| Cash at bank and in hand | 54/58 | €2,881 | €6,661 | +€3,780 | +131.2% |
| Deferred charges and accrued income | 490/1 | €1,841 | €40 | -€1,801 | -97.8% |
| Total equity and liabilities | 10/49 | €48,557 | €38,588 | -€9,969 | -20.5% |
| Equity | 10/15 | -€172,783 | -€166,465 | +€6,319 | +3.7% |
| Contributions | 10/11 | €12,600 | €12,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€185,383 | -€179,065 | +€6,319 | +3.4% |
| Amounts payable | 17/49 | €221,340 | €205,052 | -€16,288 | -7.4% |
| Amounts payable after more than one year | 17 | €42,000 | €0 | -€42,000 | -100.0% |
| Financial debts | 170/4 | €42,000 | €0 | -€42,000 | -100.0% |
| Amounts payable within one year | 42/48 | €177,785 | €205,052 | +€27,267 | +15.3% |
| Current portion of amounts payable after more than one year | 42 | €3,543 | €0 | -€3,543 | -100.0% |
| Trade debts | 44 | €30,372 | €20,807 | -€9,565 | -31.5% |
| Suppliers | 440/4 | €30,372 | €20,807 | -€9,565 | -31.5% |
| Advances received on contracts in progress | 46 | €450 | €450 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €9,907 | €11,083 | +€1,177 | +11.9% |
| Taxes | 450/3 | €4,420 | €3,612 | -€808 | -18.3% |
| Remuneration and social security | 454/9 | €5,487 | €7,472 | +€1,985 | +36.2% |
| Other amounts payable | 47/48 | €133,514 | €172,712 | +€39,198 | +29.4% |
| Accrued charges and deferred income | 492/3 | €1,555 | €0 | -€1,555 | -100.0% |
| Non-recurring operating income | 76A | €33,058 | €3,950 | -€29,108 | -88.1% |
| Remuneration, social security and pensions | 62 | €78,164 | €80,974 | +€2,810 | +3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,664 | €11,773 | -€1,891 | -13.8% |
| Other operating charges | 640/8 | €2,643 | €3,059 | +€416 | +15.7% |
| Non-recurring operating charges | 66A | €799 | €0 | -€799 | -100.0% |
| Gross operating margin | 9900 | €141,421 | €105,919 | -€35,502 | -25.1% |
| Operating profit (loss) | 9901 | €46,152 | €10,114 | -€36,038 | -78.1% |
| Financial income | 75/76B | €6 | €9 | +€3 | +57.6% |
| Recurring financial income | 75 | €6 | €9 | +€3 | +57.6% |
| Financial charges | 65/66B | €3,740 | €3,805 | +€65 | +1.7% |
| Recurring financial charges | 65 | €3,740 | €3,805 | +€65 | +1.7% |
| Profit (loss) for the period before taxes | 9903 | €42,418 | €6,319 | -€36,100 | -85.1% |
| Income taxes | 67/77 | €79 | €0 | -€79 | -100.0% |
| Profit (loss) for the period | 9904 | €42,339 | €6,319 | -€36,021 | -85.1% |
| Profit (loss) for the period to be appropriated | 9905 | €42,339 | €6,319 | -€36,021 | -85.1% |
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.