GBL REALTY: 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.
GBL REALTY
Largest movements
- Stocks and contracts -€123,483
down €123,483 (-92.6%), from €133,383 to €9,900
- Receivables within one year -€7,383
down €7,383 (-92.6%), from €7,974 to €591
of which Trade receivables: -€3,907
- Debts after one year -€125,000
no longer reported in 2024 (was €125,000)
- Trade debts -€23,821
down €23,821 (-46.0%), from €51,765 to €27,944
- Profit (loss) carried forward +€10,426
up €10,426 (+11.0%), from -€94,534 to -€84,108
- Other debts +€7,068
up €7,068 (+15.8%), from €44,612 to €51,679
- Gross operating margin +€49,453
up €49,453, from -€31,370 to €18,083
- Financial charges +€6,320
up €6,320 (+521%), from €1,212 to €7,532
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 | €141,843 | €10,515 | -€131,328 | -92.6% |
| Fixed assets | 21/28 | €61 | - | -€61 | |
| Tangible fixed assets | 22/27 | €61 | - | -€61 | |
| Furniture and vehicles | 24 | €61 | - | -€61 | |
| Current assets | 29/58 | €141,782 | €10,515 | -€131,267 | -92.6% |
| Stocks and contracts in progress | 3 | €133,383 | €9,900 | -€123,483 | -92.6% |
| Stocks | 30/36 | €133,383 | €9,900 | -€123,483 | -92.6% |
| Amounts receivable within one year | 40/41 | €7,974 | €591 | -€7,383 | -92.6% |
| Trade receivables | 40 | €3,907 | - | -€3,907 | |
| Other amounts receivable | 41 | €4,067 | €591 | -€3,475 | -85.5% |
| Cash at bank and in hand | 54/58 | €287 | €24 | -€263 | -91.7% |
| Deferred charges and accrued income | 490/1 | €139 | - | -€139 | |
| Total equity and liabilities | 10/49 | €141,843 | €10,515 | -€131,328 | -92.6% |
| Equity | 10/15 | -€79,534 | -€69,108 | +€10,426 | +13.1% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€94,534 | -€84,108 | +€10,426 | +11.0% |
| Amounts payable | 17/49 | €221,377 | €79,623 | -€141,753 | -64.0% |
| Amounts payable after more than one year | 17 | €125,000 | - | -€125,000 | |
| Financial debts | 170/4 | €125,000 | - | -€125,000 | |
| Amounts payable within one year | 42/48 | €96,377 | €79,623 | -€16,753 | -17.4% |
| Trade debts | 44 | €51,765 | €27,944 | -€23,821 | -46.0% |
| Suppliers | 440/4 | €51,765 | €27,944 | -€23,821 | -46.0% |
| Other amounts payable | 47/48 | €44,612 | €51,679 | +€7,068 | +15.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €303 | €61 | -€242 | -80.0% |
| Other operating charges | 640/8 | €64 | €64 | +€0 | +0.3% |
| Gross operating margin | 9900 | -€31,370 | €18,083 | +€49,453 | |
| Operating profit (loss) | 9901 | -€31,736 | €17,958 | +€49,695 | |
| Financial income | 75/76B | €136 | - | -€136 | |
| Recurring financial income | 75 | €136 | - | -€136 | |
| Financial charges | 65/66B | €1,212 | €7,532 | +€6,320 | +521% |
| Recurring financial charges | 65 | €1,212 | €7,532 | +€6,320 | +521% |
| Profit (loss) for the period before taxes | 9903 | -€32,812 | €10,426 | +€43,238 | |
| Profit (loss) for the period | 9904 | -€32,812 | €10,426 | +€43,238 | |
| Profit (loss) for the period to be appropriated | 9905 | -€32,812 | €10,426 | +€43,238 |
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 18 October 2026 via checked.be.