GARO ANO: 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.
GARO ANO
Largest movements
- Tangible fixed assets -€30,907
down €30,907 (-97.7%), from €31,638 to €731
- Receivables within one year +€10,060
up €10,060 (+32.7%), from €30,780 to €40,840
of which Other amounts receivable: +€12,669
- Other debts -€25,065
down €25,065 (-57.3%), from €43,745 to €18,680
- Tax, wage and social debts +€2,393
up €2,393 (+425%), from €562 to €2,955
- Profit (loss) carried forward +€1,235
up €1,235 (+14.2%), from -€8,691 to -€7,456
- Trade debts +€976
up €976 (+11.5%), from €8,486 to €9,461
- Depreciation +€30,907
new in 2024: €30,907
- Gross operating margin +€28,685
up €28,685 (+766%), from €3,746 to €32,431
- Other operating charges -€2,342
down €2,342 (-89.0%), from €2,631 to €289
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.
Derived cash bridge
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 | €64,947 | €44,159 | -€20,789 | -32.0% |
| Fixed assets | 21/28 | €33,018 | €2,111 | -€30,907 | -93.6% |
| Tangible fixed assets | 22/27 | €31,638 | €731 | -€30,907 | -97.7% |
| Furniture and vehicles | 24 | €31,638 | €731 | -€30,907 | -97.7% |
| Financial fixed assets | 28 | €1,380 | €1,380 | = | 0.0% |
| Current assets | 29/58 | €31,930 | €42,048 | +€10,118 | +31.7% |
| Stocks and contracts in progress | 3 | €1,095 | €1,095 | = | 0.0% |
| Stocks | 30/36 | €1,095 | €1,095 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €30,780 | €40,840 | +€10,060 | +32.7% |
| Trade receivables | 40 | €30,330 | €27,721 | -€2,609 | -8.6% |
| Other amounts receivable | 41 | €450 | €13,119 | +€12,669 | +2,814% |
| Cash at bank and in hand | 54/58 | €55 | €112 | +€58 | +106% |
| Total equity and liabilities | 10/49 | €64,947 | €44,159 | -€20,789 | -32.0% |
| Equity | 10/15 | €11,769 | €13,004 | +€1,235 | +10.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 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 | -€8,691 | -€7,456 | +€1,235 | +14.2% |
| Amounts payable | 17/49 | €53,178 | €31,155 | -€22,024 | -41.4% |
| Amounts payable within one year | 42/48 | €52,793 | €31,155 | -€21,639 | -41.0% |
| Financial debts | 43 | - | €58 | +€58 | |
| Credit institutions | 430/8 | - | €58 | +€58 | |
| Trade debts | 44 | €8,486 | €9,461 | +€976 | +11.5% |
| Suppliers | 440/4 | €8,486 | €9,461 | +€976 | +11.5% |
| Taxes, remuneration and social security | 45 | €562 | €2,955 | +€2,393 | +425% |
| Taxes | 450/3 | €562 | €2,955 | +€2,393 | +425% |
| Other amounts payable | 47/48 | €43,745 | €18,680 | -€25,065 | -57.3% |
| Accrued charges and deferred income | 492/3 | €385 | - | -€385 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €30,907 | +€30,907 | |
| Other operating charges | 640/8 | €2,631 | €289 | -€2,342 | -89.0% |
| Gross operating margin | 9900 | €3,746 | €32,431 | +€28,685 | +766% |
| Operating profit (loss) | 9901 | €1,115 | €1,235 | +€120 | +10.8% |
| Financial charges | 65/66B | €206 | - | -€206 | |
| Recurring financial charges | 65 | €206 | - | -€206 | |
| Profit (loss) for the period before taxes | 9903 | €909 | €1,235 | +€326 | +35.8% |
| Profit (loss) for the period | 9904 | €909 | €1,235 | +€326 | +35.8% |
| Profit (loss) for the period to be appropriated | 9905 | €909 | €1,235 | +€326 | +35.8% |
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 22 October 2026 via checked.be.