GB SOLUTIONS: 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.
GB SOLUTIONS
Largest movements
- Receivables within one year +€218,079
up €218,079 (+166.6%), from €130,866 to €348,944
of which Trade receivables: +€202,622
- Financial fixed assets +€142,503
new in 2024: €142,503
- Cash -€40,301
down €40,301 (-56.2%), from €71,654 to €31,353
mainly Receivables within one year (-€218,079) and Investment in fixed assets (net) (-€118,722)
- Tangible fixed assets -€32,503
down €32,503 (-69.1%), from €47,050 to €14,547
of which Furniture and vehicles: -€25,065
- Trade debts +€143,233
up €143,233 (+101.6%), from €140,950 to €284,183
- Tax, wage and social debts +€68,897
up €68,897 (+505.9%), from €13,618 to €82,515
of which Taxes: +€60,824
- Other debts +€46,155
up €46,155 (+45698.3%), from €101 to €46,256
- Profit (loss) carried forward +€29,492
up €29,492 (+88.3%), from €33,401 to €62,893
- Gross operating margin +€82,490
up €82,490 (+142.3%), from €57,953 to €140,443
- Staff costs +€72,022
up €72,022 (+734.3%), from €9,808 to €81,830
- Other operating charges +€11,417
new in 2024: €11,417
- Depreciation +€3,469
up €3,469 (+66.0%), from €5,253 to €8,722
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 | €249,570 | €537,348 | +€287,778 | +115.3% |
| Fixed assets | 21/28 | €47,050 | €157,050 | +€110,000 | +233.8% |
| Tangible fixed assets | 22/27 | €47,050 | €14,547 | -€32,503 | -69.1% |
| Plant, machinery and equipment | 23 | €19,360 | €11,923 | -€7,438 | -38.4% |
| Furniture and vehicles | 24 | €27,690 | €2,624 | -€25,065 | -90.5% |
| Financial fixed assets | 28 | - | €142,503 | +€142,503 | |
| Current assets | 29/58 | €202,520 | €380,298 | +€177,778 | +87.8% |
| Amounts receivable within one year | 40/41 | €130,866 | €348,944 | +€218,079 | +166.6% |
| Trade receivables | 40 | €120,866 | €323,488 | +€202,622 | +167.6% |
| Other amounts receivable | 41 | €10,000 | €25,456 | +€15,456 | +154.6% |
| Cash at bank and in hand | 54/58 | €71,654 | €31,353 | -€40,301 | -56.2% |
| Total equity and liabilities | 10/49 | €249,570 | €537,348 | +€287,778 | +115.3% |
| Equity | 10/15 | €94,901 | €124,393 | +€29,492 | +31.1% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,401 | €62,893 | +€29,492 | +88.3% |
| Amounts payable | 17/49 | €154,669 | €412,955 | +€258,286 | +167.0% |
| Amounts payable within one year | 42/48 | €154,669 | €412,955 | +€258,286 | +167.0% |
| Trade debts | 44 | €140,950 | €284,183 | +€143,233 | +101.6% |
| Suppliers | 440/4 | €140,950 | €284,183 | +€143,233 | +101.6% |
| Taxes, remuneration and social security | 45 | €13,618 | €82,515 | +€68,897 | +505.9% |
| Taxes | 450/3 | €10,332 | €71,156 | +€60,824 | +588.7% |
| Remuneration and social security | 454/9 | €3,286 | €11,360 | +€8,074 | +245.7% |
| Other amounts payable | 47/48 | €101 | €46,256 | +€46,155 | +45698.3% |
| Remuneration, social security and pensions | 62 | €9,808 | €81,830 | +€72,022 | +734.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,253 | €8,722 | +€3,469 | +66.0% |
| Other operating charges | 640/8 | - | €11,417 | +€11,417 | |
| Gross operating margin | 9900 | €57,953 | €140,443 | +€82,490 | +142.3% |
| Operating profit (loss) | 9901 | €42,893 | €38,475 | -€4,418 | -10.3% |
| Financial income | 75/76B | - | €679 | +€679 | |
| Recurring financial income | 75 | - | €679 | +€679 | |
| Financial charges | 65/66B | €1,141 | €57 | -€1,084 | -95.0% |
| Recurring financial charges | 65 | €1,141 | €57 | -€1,084 | -95.0% |
| Profit (loss) for the period before taxes | 9903 | €41,751 | €39,097 | -€2,654 | -6.4% |
| Income taxes | 67/77 | €8,350 | €9,605 | +€1,255 | +15.0% |
| Profit (loss) for the period | 9904 | €33,401 | €29,492 | -€3,909 | -11.7% |
| Profit (loss) for the period to be appropriated | 9905 | €33,401 | €29,492 | -€3,909 | -11.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 30 June 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.