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GAT EXPORT: 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.

What changed

GAT EXPORT

BE 0746.556.738
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€52,141
2023 · -€48,179+€100,320
Equity
€29,313
2023 · -€22,828+€52,141
Cash
€68
2023 · €68
Balance sheet total
€720,086
2023 · €96,058+€624,027

Largest movements

2023 to 2024
Assets
  • Receivables within one year +€500,690

    up €500,690 (+522.7%), from €95,790 to €596,481

    of which Trade receivables: +€495,773

  • Stocks and contracts +€123,337

    new in 2024: €123,337

Equity and liabilities
  • Trade debts +€571,887

    up €571,887 (+568.7%), from €100,554 to €672,441

  • Profit (loss) carried forward +€52,141

    up €52,141, from -€25,328 to €26,813

Income statement
  • Purchases and services -€206,143

    no longer reported in 2024 (was €206,143)

  • Turnover -€158,097

    no longer reported in 2024 (was €158,097)

  • Gross operating margin +€100,186

    up €100,186, from -€48,046 to €52,141

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 -€48,179
Gross operating margin +€100,186
Financial charges +€134
Result 2024 €52,141

Cash bridge derived

cash 2023 to 2024

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.

From operations €0
Investment €0
Financing €0
Cash 2023 €68
Net result for the year +€52,141
Stocks and contracts -€123,337
Receivables within one year -€500,690
Trade debts +€571,887
Cash 2024 €68
Every line side by side 31 lines
Line Code 2023 2024 Change %
Total assets 20/58 €96,058 €720,086 +€624,027 +649.6%
Fixed assets 21/28 €200 €200 = 0.0%
Financial fixed assets 28 €200 €200 = 0.0%
Current assets 29/58 €95,858 €719,886 +€624,027 +651.0%
Stocks and contracts in progress 3 - €123,337 +€123,337
Stocks 30/36 - €123,337 +€123,337
Amounts receivable within one year 40/41 €95,790 €596,481 +€500,690 +522.7%
Trade receivables 40 €95,790 €591,563 +€495,773 +517.6%
Other amounts receivable 41 - €4,918 +€4,918
Cash at bank and in hand 54/58 €68 €68 = 0.0%
Total equity and liabilities 10/49 €96,058 €720,086 +€624,027 +649.6%
Equity 10/15 -€22,828 €29,313 +€52,141
Contributions 10/11 €2,500 €2,500 = 0.0%
Profit (loss) carried forward 14 -€25,328 €26,813 +€52,141
Amounts payable 17/49 €118,886 €690,773 +€571,887 +481.0%
Amounts payable within one year 42/48 €118,886 €690,773 +€571,887 +481.0%
Trade debts 44 €100,554 €672,441 +€571,887 +568.7%
Suppliers 440/4 €100,554 €672,441 +€571,887 +568.7%
Taxes, remuneration and social security 45 €11,346 €11,346 = 0.0%
Taxes 450/3 €6,762 €6,762 = 0.0%
Remuneration and social security 454/9 €4,584 €4,584 = 0.0%
Other amounts payable 47/48 €6,986 €6,986 = 0.0%
Turnover 70 €158,097 - -€158,097
Goods, raw materials, services and sundry goods 60/61 €206,143 - -€206,143
Gross operating margin 9900 -€48,046 €52,141 +€100,186
Operating profit (loss) 9901 -€48,046 €52,141 +€100,186
Financial charges 65/66B €134 - -€134
Recurring financial charges 65 €134 - -€134
Profit (loss) for the period before taxes 9903 -€48,179 €52,141 +€100,320
Profit (loss) for the period 9904 -€48,179 €52,141 +€100,320
Profit (loss) for the period to be appropriated 9905 -€48,179 €52,141 +€100,320

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.