GARIMA: 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.
GARIMA
Largest movements
- Receivables within one year +€33,680
up €33,680 (+10081.9%), from €334 to €34,015
of which Other amounts receivable: +€33,409
- Stocks and contracts -€4,248
down €4,248 (-56.6%), from €7,500 to €3,252
- Cash +€2,407
up €2,407 (+155.3%), from €1,550 to €3,957
mainly Net result for the year (+€38,569) and Trade debts (+€10,952)
- Intangible fixed assets -€990
down €990 (-100.0%), from €990 to €0
- Profit (loss) carried forward +€27,659
up €27,659, from -€10,880 to €16,779
- Other debts -€11,630
down €11,630 (-100.0%), from €11,630 to €0
- Trade debts +€10,952
up €10,952 (+284.0%), from €3,856 to €14,809
- Accrued charges and deferred income +€2,600
new in 2024: €2,600
- Tax, wage and social debts +€1,003
new in 2024: €1,003
- Gross operating margin +€27,305
up €27,305 (+189.4%), from €14,418 to €41,723
- Financial income +€672
new in 2024: €672
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 | €12,666 | €43,515 | +€30,850 | +243.6% |
| Fixed assets | 21/28 | €3,282 | €2,292 | -€990 | -30.2% |
| Intangible fixed assets | 21 | €990 | €0 | -€990 | -100.0% |
| Financial fixed assets | 28 | €2,292 | €2,292 | = | 0.0% |
| Current assets | 29/58 | €9,384 | €41,224 | +€31,840 | +339.3% |
| Stocks and contracts in progress | 3 | €7,500 | €3,252 | -€4,248 | -56.6% |
| Stocks | 30/36 | €7,500 | €3,252 | -€4,248 | -56.6% |
| Amounts receivable within one year | 40/41 | €334 | €34,015 | +€33,680 | +10081.9% |
| Trade receivables | 40 | - | €271 | +€271 | |
| Other amounts receivable | 41 | €334 | €33,743 | +€33,409 | +10000.6% |
| Cash at bank and in hand | 54/58 | €1,550 | €3,957 | +€2,407 | +155.3% |
| Total equity and liabilities | 10/49 | €12,666 | €43,515 | +€30,850 | +243.6% |
| Equity | 10/15 | -€2,820 | €24,839 | +€27,659 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,880 | €16,779 | +€27,659 | |
| Amounts payable | 17/49 | €15,486 | €18,677 | +€3,191 | +20.6% |
| Amounts payable within one year | 42/48 | €15,486 | €16,077 | +€591 | +3.8% |
| Trade debts | 44 | €3,856 | €14,809 | +€10,952 | +284.0% |
| Suppliers | 440/4 | €3,856 | €14,809 | +€10,952 | +284.0% |
| Advances received on contracts in progress | 46 | - | €265 | +€265 | |
| Taxes, remuneration and social security | 45 | - | €1,003 | +€1,003 | |
| Taxes | 450/3 | - | €1,003 | +€1,003 | |
| Other amounts payable | 47/48 | €11,630 | €0 | -€11,630 | -100.0% |
| Accrued charges and deferred income | 492/3 | - | €2,600 | +€2,600 | |
| Non-recurring operating income | 76A | €273 | €0 | -€273 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €990 | €990 | = | 0.0% |
| Other operating charges | 640/8 | €2,262 | €2,102 | -€160 | -7.1% |
| Non-recurring operating charges | 66A | €150 | - | -€150 | |
| Gross operating margin | 9900 | €14,418 | €41,723 | +€27,305 | +189.4% |
| Operating profit (loss) | 9901 | €11,016 | €38,631 | +€27,616 | +250.7% |
| Financial income | 75/76B | - | €672 | +€672 | |
| Recurring financial income | 75 | - | €672 | +€672 | |
| Financial charges | 65/66B | €846 | €652 | -€194 | -22.9% |
| Recurring financial charges | 65 | €846 | €652 | -€194 | -22.9% |
| Profit (loss) for the period before taxes | 9903 | €10,170 | €38,651 | +€28,482 | +280.1% |
| Income taxes | 67/77 | - | €83 | +€83 | |
| Profit (loss) for the period | 9904 | €10,170 | €38,569 | +€28,399 | +279.3% |
| Profit (loss) for the period to be appropriated | 9905 | €10,170 | €38,569 | +€28,399 | +279.3% |
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.