GBR GROUP: 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.
GBR GROUP
Largest movements
- Receivables within one year +€55,252
up €55,252 (+371.9%), from €14,855 to €70,107
of which Trade receivables: +€44,909
- Cash +€16,220
new in 2024: €16,220
mainly Net result for the year (+€54,342) and Tax, wage and social debts (+€9,874)
- Profit (loss) carried forward +€55,552
up €55,552, from -€18,727 to €36,826
- Tax, wage and social debts +€9,874
up €9,874 (+177.6%), from €5,560 to €15,434
of which Taxes: +€11,085
- Advances received +€6,770
up €6,770 (+115.2%), from €5,875 to €12,645
- Other debts -€4,130
down €4,130 (-40.6%), from €10,178 to €6,048
- Trade debts +€3,406
up €3,406 (+82.1%), from €4,147 to €7,552
- Gross operating margin +€59,427
up €59,427, from -€2,418 to €57,010
- Staff costs -€14,152
down €14,152 (-98.7%), from €14,337 to €186
- Other operating charges +€737
up €737 (+125.7%), from €587 to €1,324
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 | €17,266 | €88,738 | +€71,472 | +414.0% |
| Fixed assets | 21/28 | €2,248 | €2,248 | = | 0.0% |
| Tangible fixed assets | 22/27 | €2,248 | €2,248 | = | 0.0% |
| Furniture and vehicles | 24 | €2,248 | €2,248 | = | 0.0% |
| Current assets | 29/58 | €15,018 | €86,490 | +€71,472 | +475.9% |
| Amounts receivable within one year | 40/41 | €14,855 | €70,107 | +€55,252 | +371.9% |
| Trade receivables | 40 | €4,855 | €49,765 | +€44,909 | +924.9% |
| Other amounts receivable | 41 | €10,000 | €20,343 | +€10,343 | +103.4% |
| Cash at bank and in hand | 54/58 | - | €16,220 | +€16,220 | |
| Deferred charges and accrued income | 490/1 | €162 | €162 | = | 0.0% |
| Total equity and liabilities | 10/49 | €17,266 | €88,738 | +€71,472 | +414.0% |
| Equity | 10/15 | -€8,727 | €46,826 | +€55,552 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,727 | €36,826 | +€55,552 | |
| Amounts payable | 17/49 | €25,993 | €41,912 | +€15,920 | +61.2% |
| Amounts payable within one year | 42/48 | €25,993 | €41,912 | +€15,920 | +61.2% |
| Financial debts | 43 | €233 | €233 | = | 0.0% |
| Credit institutions | 430/8 | €233 | €233 | = | 0.0% |
| Trade debts | 44 | €4,147 | €7,552 | +€3,406 | +82.1% |
| Suppliers | 440/4 | €4,147 | €7,552 | +€3,406 | +82.1% |
| Advances received on contracts in progress | 46 | €5,875 | €12,645 | +€6,770 | +115.2% |
| Taxes, remuneration and social security | 45 | €5,560 | €15,434 | +€9,874 | +177.6% |
| Taxes | 450/3 | €1,083 | €12,168 | +€11,085 | +1023.3% |
| Remuneration and social security | 454/9 | €4,477 | €3,266 | -€1,211 | -27.1% |
| Other amounts payable | 47/48 | €10,178 | €6,048 | -€4,130 | -40.6% |
| Remuneration, social security and pensions | 62 | €14,337 | €186 | -€14,152 | -98.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €562 | - | -€562 | |
| Other operating charges | 640/8 | €587 | €1,324 | +€737 | +125.7% |
| Gross operating margin | 9900 | -€2,418 | €57,010 | +€59,427 | |
| Operating profit (loss) | 9901 | -€17,903 | €55,500 | +€73,403 | |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €824 | €1,158 | +€334 | +40.5% |
| Recurring financial charges | 65 | €824 | €1,158 | +€334 | +40.5% |
| Profit (loss) for the period before taxes | 9903 | -€18,727 | €54,342 | +€73,069 | |
| Profit (loss) for the period | 9904 | -€18,727 | €54,342 | +€73,069 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,727 | €54,342 | +€73,069 |
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 7 October 2026 via checked.be.