GD DEVELOPMENT CONCEPT: 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.
GD DEVELOPMENT CONCEPT
Largest movements
- Cash +€686
up €686 (+2285300.0%), from €0 to €686
mainly Other debts (+€6,966) and Depreciation (+€627)
- Tangible fixed assets -€628
no longer reported in 2024 (was €628)
- Deferred charges and accrued income -€612
down €612 (-94.2%), from €650 to €38
- Receivables within one year +€379
up €379 (+24.3%), from €1,558 to €1,937
- Other debts +€6,966
up €6,966 (+33.3%), from €20,949 to €27,914
- Profit (loss) carried forward -€6,330
down €6,330 (-15.1%), from -€42,044 to -€48,375
- Tax, wage and social debts -€796
down €796 (-4.0%), from €19,792 to €18,996
of which Taxes: -€3,041
- Turnover -€49,369
no longer reported in 2024 (was €49,369)
- Purchases and services -€45,440
no longer reported in 2024 (was €45,440)
- Gross operating margin +€1,431
up €1,431 (+11.2%), from €12,760 to €14,190
- Other operating charges -€1,004
no longer reported in 2024 (was €1,004)
- Taxes +€759
up €759 (+31.5%), from -€2,408 to -€1,648
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 | €2,836 | €2,661 | -€175 | -6.2% |
| Fixed assets | 21/28 | €628 | - | -€628 | |
| Tangible fixed assets | 22/27 | €628 | - | -€628 | |
| Furniture and vehicles | 24 | €628 | - | -€628 | |
| Current assets | 29/58 | €2,208 | €2,661 | +€453 | +20.5% |
| Amounts receivable within one year | 40/41 | €1,558 | €1,937 | +€379 | +24.3% |
| Trade receivables | 40 | €1,558 | €1,937 | +€379 | +24.3% |
| Cash at bank and in hand | 54/58 | €0 | €686 | +€686 | +2285300.0% |
| Deferred charges and accrued income | 490/1 | €650 | €38 | -€612 | -94.2% |
| Total equity and liabilities | 10/49 | €2,836 | €2,661 | -€175 | -6.2% |
| Equity | 10/15 | -€39,044 | -€45,375 | -€6,330 | -16.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€42,044 | -€48,375 | -€6,330 | -15.1% |
| Amounts payable | 17/49 | €41,880 | €48,035 | +€6,155 | +14.7% |
| Amounts payable within one year | 42/48 | €41,868 | €48,023 | +€6,155 | +14.7% |
| Trade debts | 44 | €1,128 | €1,113 | -€15 | -1.3% |
| Suppliers | 440/4 | €1,128 | €1,113 | -€15 | -1.3% |
| Taxes, remuneration and social security | 45 | €19,792 | €18,996 | -€796 | -4.0% |
| Taxes | 450/3 | €7,229 | €4,188 | -€3,041 | -42.1% |
| Remuneration and social security | 454/9 | €12,563 | €14,808 | +€2,245 | +17.9% |
| Other amounts payable | 47/48 | €20,949 | €27,914 | +€6,966 | +33.3% |
| Accrued charges and deferred income | 492/3 | €12 | €12 | = | 0.0% |
| Turnover | 70 | €49,369 | - | -€49,369 | |
| Goods, raw materials, services and sundry goods | 60/61 | €45,440 | - | -€45,440 | |
| Remuneration, social security and pensions | 62 | €21,419 | €21,296 | -€124 | -0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €700 | €627 | -€72 | -10.4% |
| Other operating charges | 640/8 | €1,004 | - | -€1,004 | |
| Gross operating margin | 9900 | €12,760 | €14,190 | +€1,431 | +11.2% |
| Operating profit (loss) | 9901 | -€10,364 | -€7,733 | +€2,631 | +25.4% |
| Financial income | 75/76B | €33 | - | -€33 | |
| Recurring financial income | 75 | €33 | - | -€33 | |
| Financial charges | 65/66B | €180 | €245 | +€65 | +36.1% |
| Recurring financial charges | 65 | €180 | €245 | +€65 | +36.1% |
| Profit (loss) for the period before taxes | 9903 | -€10,511 | -€7,978 | +€2,533 | +24.1% |
| Income taxes | 67/77 | -€2,408 | -€1,648 | +€759 | +31.5% |
| Profit (loss) for the period | 9904 | -€8,103 | -€6,330 | +€1,774 | +21.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,103 | -€6,330 | +€1,774 | +21.9% |
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 6 October 2026 via checked.be.