GBO Automation: 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.
GBO Automation
Largest movements
- Cash -€19,221
down €19,221 (-38.5%), from €49,904 to €30,682
mainly Receivables within one year (-€13,050) and Net result for the year (-€8,308)
- Receivables within one year +€13,050
up €13,050 (+179%), from €7,273 to €20,323
of which Other amounts receivable: +€13,402
- Tangible fixed assets -€2,136
down €2,136 (-59.5%), from €3,593 to €1,457
- Profit (loss) carried forward -€8,308
down €8,308 (-31.0%), from €26,774 to €18,466
- Gross operating margin +€6,433
up €6,433 (+51.8%), from -€12,411 to -€5,977
- Purchases and services -€6,138
down €6,138 (-47.7%), from €12,866 to €6,727
- Depreciation -€344
down €344 (-13.9%), from €2,481 to €2,136
- Turnover +€295
up €295 (+64.8%), from €455 to €750
- Financial income +€176
up €176 (+74.6%), from €236 to €413
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 | €60,795 | €52,487 | -€8,308 | -13.7% |
| Fixed assets | 21/28 | €3,618 | €1,482 | -€2,136 | -59.1% |
| Tangible fixed assets | 22/27 | €3,593 | €1,457 | -€2,136 | -59.5% |
| Furniture and vehicles | 24 | €3,593 | €1,457 | -€2,136 | -59.5% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €57,177 | €51,005 | -€6,171 | -10.8% |
| Amounts receivable within one year | 40/41 | €7,273 | €20,323 | +€13,050 | +179% |
| Trade receivables | 40 | €466 | €113 | -€353 | -75.7% |
| Other amounts receivable | 41 | €6,807 | €20,210 | +€13,402 | +197% |
| Cash at bank and in hand | 54/58 | €49,904 | €30,682 | -€19,221 | -38.5% |
| Total equity and liabilities | 10/49 | €60,795 | €52,487 | -€8,308 | -13.7% |
| Equity | 10/15 | €60,795 | €52,487 | -€8,308 | -13.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €32,021 | €32,021 | = | 0.0% |
| Distributable reserves | 133 | €32,021 | €32,021 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,774 | €18,466 | -€8,308 | -31.0% |
| Amounts payable | 17/49 | €0 | €0 | = | |
| Amounts payable within one year | 42/48 | €0 | €0 | = | |
| Trade debts | 44 | €0 | €0 | = | |
| Suppliers | 440/4 | €0 | €0 | = | |
| Taxes, remuneration and social security | 45 | €0 | €0 | = | |
| Taxes | 450/3 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €0 | €0 | = | |
| Turnover | 70 | €455 | €750 | +€295 | +64.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €12,866 | €6,727 | -€6,138 | -47.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,481 | €2,136 | -€344 | -13.9% |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Gross operating margin | 9900 | -€12,411 | -€5,977 | +€6,433 | +51.8% |
| Operating profit (loss) | 9901 | -€15,276 | -€8,501 | +€6,775 | +44.3% |
| Financial income | 75/76B | €236 | €413 | +€176 | +74.6% |
| Recurring financial income | 75 | €236 | €413 | +€176 | +74.6% |
| Financial charges | 65/66B | €167 | €219 | +€52 | +31.4% |
| Recurring financial charges | 65 | €167 | €219 | +€52 | +31.4% |
| Profit (loss) for the period before taxes | 9903 | -€15,207 | -€8,308 | +€6,899 | +45.4% |
| Income taxes | 67/77 | €59 | - | -€59 | |
| Profit (loss) for the period | 9904 | -€15,265 | -€8,308 | +€6,958 | +45.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,265 | -€8,308 | +€6,958 | +45.6% |
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 30 October 2026 via checked.be.