GARRYSEB: 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.
GARRYSEB
Largest movements
- Receivables within one year -€13,216
down €13,216 (-25.5%), from €51,796 to €38,580
of which Other amounts receivable: -€12,490
- Tangible fixed assets +€3,268
up €3,268 (+417%), from €783 to €4,051
- Profit (loss) carried forward -€4,865
down €4,865 (-13.5%), from €35,923 to €31,058
- Tax, wage and social debts -€3,408
down €3,408 (-49.4%), from €6,898 to €3,489
- Trade debts -€1,815
down €1,815 (-99.3%), from €1,828 to €13
- Gross operating margin -€20,540
down €20,540, from €16,755 to -€3,785
- Taxes -€8,401
no longer reported in 2024 (was €8,401)
- Other operating charges -€2,614
down €2,614 (-99.8%), from €2,618 to €4
- Financial income -€1,905
no longer reported in 2024 (was €1,905)
- Depreciation +€856
up €856 (+547%), from €157 to €1,013
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 | €55,003 | €44,914 | -€10,088 | -18.3% |
| Fixed assets | 21/28 | €1,783 | €5,051 | +€3,268 | +183% |
| Tangible fixed assets | 22/27 | €783 | €4,051 | +€3,268 | +417% |
| Furniture and vehicles | 24 | €783 | €4,051 | +€3,268 | +417% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €53,220 | €39,863 | -€13,356 | -25.1% |
| Amounts receivable within one year | 40/41 | €51,796 | €38,580 | -€13,216 | -25.5% |
| Trade receivables | 40 | €12,531 | €11,805 | -€726 | -5.8% |
| Other amounts receivable | 41 | €39,265 | €26,774 | -€12,490 | -31.8% |
| Cash at bank and in hand | 54/58 | €550 | €410 | -€140 | -25.5% |
| Deferred charges and accrued income | 490/1 | €874 | €874 | = | 0.0% |
| Total equity and liabilities | 10/49 | €55,003 | €44,914 | -€10,088 | -18.3% |
| Equity | 10/15 | €43,983 | €39,118 | -€4,865 | -11.1% |
| 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 | €35,923 | €31,058 | -€4,865 | -13.5% |
| Amounts payable | 17/49 | €11,020 | €5,797 | -€5,223 | -47.4% |
| Amounts payable within one year | 42/48 | €11,020 | €5,797 | -€5,223 | -47.4% |
| Current portion of amounts payable after more than one year | 42 | €2,294 | €2,294 | = | 0.0% |
| Trade debts | 44 | €1,828 | €13 | -€1,815 | -99.3% |
| Suppliers | 440/4 | €1,828 | €13 | -€1,815 | -99.3% |
| Taxes, remuneration and social security | 45 | €6,898 | €3,489 | -€3,408 | -49.4% |
| Taxes | 450/3 | €6,898 | €3,489 | -€3,408 | -49.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €157 | €1,013 | +€856 | +547% |
| Other operating charges | 640/8 | €2,618 | €4 | -€2,614 | -99.8% |
| Gross operating margin | 9900 | €16,755 | -€3,785 | -€20,540 | |
| Operating profit (loss) | 9901 | €13,980 | -€4,802 | -€18,782 | |
| Financial income | 75/76B | €1,905 | - | -€1,905 | |
| Recurring financial income | 75 | €1,905 | - | -€1,905 | |
| Financial charges | 65/66B | €267 | €63 | -€204 | -76.4% |
| Recurring financial charges | 65 | €267 | €63 | -€204 | -76.4% |
| Profit (loss) for the period before taxes | 9903 | €15,618 | -€4,865 | -€20,483 | |
| Income taxes | 67/77 | €8,401 | - | -€8,401 | |
| Profit (loss) for the period | 9904 | €7,217 | -€4,865 | -€12,082 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,217 | -€4,865 | -€12,082 |
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 16 October 2026 via checked.be.