GC-CARE: 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.
GC-CARE
Largest movements
- Tangible fixed assets -€5,891
down €5,891 (-27.1%), from €21,707 to €15,817
- Receivables within one year -€3,064
down €3,064 (-55.1%), from €5,564 to €2,500
of which Trade receivables: -€3,064
- Current investments +€403
new in 2024: €403
- Cash -€354
no longer reported in 2024 (was €354)
mainly Net result for the year (-€11,723) and Debts after one year (-€3,507)
- Profit (loss) carried forward -€11,723
down €11,723 (-1,174%), from -€999 to -€12,722
- Other debts +€4,401
new in 2024: €4,401
- Debts after one year -€3,507
down €3,507 (-19.8%), from €17,695 to €14,188
- Tax, wage and social debts +€1,212
up €1,212 (+59.4%), from €2,041 to €3,253
- Current portion of long-term debt +€439
up €439 (+13.1%), from €3,353 to €3,793
- Gross operating margin -€9,246
down €9,246, from €5,485 to -€3,761
- Taxes -€330
down €330 (-60.4%), from €547 to €216
- Financial charges -€178
down €178 (-13.8%), from €1,287 to €1,109
- Other operating charges +€88
up €88 (+16.5%), from €531 to €618
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 | €27,711 | €18,719 | -€8,992 | -32.4% |
| Fixed assets | 21/28 | €21,707 | €15,817 | -€5,891 | -27.1% |
| Tangible fixed assets | 22/27 | €21,707 | €15,817 | -€5,891 | -27.1% |
| Leasing and similar rights | 25 | €21,707 | €15,817 | -€5,891 | -27.1% |
| Current assets | 29/58 | €6,004 | €2,903 | -€3,101 | -51.7% |
| Amounts receivable within one year | 40/41 | €5,564 | €2,500 | -€3,064 | -55.1% |
| Trade receivables | 40 | €3,064 | - | -€3,064 | |
| Other amounts receivable | 41 | €2,500 | €2,500 | = | 0.0% |
| Current investments | 50/53 | - | €403 | +€403 | |
| Cash at bank and in hand | 54/58 | €354 | - | -€354 | |
| Deferred charges and accrued income | 490/1 | €86 | - | -€86 | |
| Total equity and liabilities | 10/49 | €27,711 | €18,719 | -€8,992 | -32.4% |
| Equity | 10/15 | €1,501 | -€10,222 | -€11,723 | |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€999 | -€12,722 | -€11,723 | -1,174% |
| Amounts payable | 17/49 | €26,210 | €28,941 | +€2,732 | +10.4% |
| Amounts payable after more than one year | 17 | €17,695 | €14,188 | -€3,507 | -19.8% |
| Financial debts | 170/4 | €17,695 | €14,188 | -€3,507 | -19.8% |
| Amounts payable within one year | 42/48 | €8,515 | €14,754 | +€6,239 | +73.3% |
| Current portion of amounts payable after more than one year | 42 | €3,353 | €3,793 | +€439 | +13.1% |
| Trade debts | 44 | €3,120 | €3,306 | +€187 | +6.0% |
| Suppliers | 440/4 | €3,120 | €3,306 | +€187 | +6.0% |
| Taxes, remuneration and social security | 45 | €2,041 | €3,253 | +€1,212 | +59.4% |
| Taxes | 450/3 | €2,041 | €3,253 | +€1,212 | +59.4% |
| Other amounts payable | 47/48 | - | €4,401 | +€4,401 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,891 | €5,891 | = | 0.0% |
| Other operating charges | 640/8 | €531 | €618 | +€88 | +16.5% |
| Non-recurring operating charges | 66A | - | €128 | +€128 | |
| Gross operating margin | 9900 | €5,485 | -€3,761 | -€9,246 | |
| Operating profit (loss) | 9901 | -€937 | -€10,398 | -€9,461 | -1,010% |
| Financial charges | 65/66B | €1,287 | €1,109 | -€178 | -13.8% |
| Recurring financial charges | 65 | €1,287 | €1,109 | -€178 | -13.8% |
| Profit (loss) for the period before taxes | 9903 | -€2,224 | -€11,507 | -€9,284 | -418% |
| Income taxes | 67/77 | €547 | €216 | -€330 | -60.4% |
| Profit (loss) for the period | 9904 | -€2,770 | -€11,723 | -€8,953 | -323% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,770 | -€11,723 | -€8,953 | -323% |
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 24 October 2026 via checked.be.