GDD Management: 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.
GDD Management
Largest movements
- Receivables within one year +€381,884
up €381,884 (+519%), from €73,650 to €455,534
of which Other amounts receivable: +€321,884
- Tangible fixed assets +€6,732
up €6,732 (+96.2%), from €7,000 to €13,732
- Deferred charges and accrued income -€6,499
down €6,499 (-65.1%), from €9,985 to €3,486
- Other debts +€399,274
up €399,274 (+20,115%), from €1,985 to €401,259
- Tax, wage and social debts -€15,399
down €15,399 (-40.0%), from €38,463 to €23,064
- Financial income +€18,969
new in 2024: €18,969
- Other operating charges +€17,786
up €17,786 (+1,040%), from €1,710 to €19,496
- Gross operating margin -€10,408
down €10,408 (-47.8%), from €21,754 to €11,346
- Taxes -€581
down €581 (-15.5%), from €3,756 to €3,175
- Depreciation +€420
up €420 (+387%), from €109 to €529
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 | €91,400 | €473,459 | +€382,059 | +418% |
| Fixed assets | 21/28 | €7,000 | €13,732 | +€6,732 | +96.2% |
| Tangible fixed assets | 22/27 | €7,000 | €13,732 | +€6,732 | +96.2% |
| Other tangible fixed assets | 26 | €7,000 | €13,732 | +€6,732 | +96.2% |
| Current assets | 29/58 | €84,400 | €459,727 | +€375,326 | +445% |
| Amounts receivable within one year | 40/41 | €73,650 | €455,534 | +€381,884 | +519% |
| Trade receivables | 40 | - | €60,000 | +€60,000 | |
| Other amounts receivable | 41 | €73,650 | €395,534 | +€321,884 | +437% |
| Cash at bank and in hand | 54/58 | €766 | €707 | -€59 | -7.7% |
| Deferred charges and accrued income | 490/1 | €9,985 | €3,486 | -€6,499 | -65.1% |
| Total equity and liabilities | 10/49 | €91,400 | €473,459 | +€382,059 | +418% |
| Equity | 10/15 | €35,612 | €37,048 | +€1,436 | +4.0% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,112 | €35,548 | +€1,436 | +4.2% |
| Amounts payable | 17/49 | €55,788 | €436,411 | +€380,623 | +682% |
| Amounts payable within one year | 42/48 | €55,077 | €436,411 | +€381,333 | +692% |
| Trade debts | 44 | €14,629 | €12,088 | -€2,541 | -17.4% |
| Suppliers | 440/4 | €14,629 | €12,088 | -€2,541 | -17.4% |
| Taxes, remuneration and social security | 45 | €38,463 | €23,064 | -€15,399 | -40.0% |
| Taxes | 450/3 | €38,463 | €23,064 | -€15,399 | -40.0% |
| Other amounts payable | 47/48 | €1,985 | €401,259 | +€399,274 | +20,115% |
| Accrued charges and deferred income | 492/3 | €711 | €0 | -€711 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €109 | €529 | +€420 | +387% |
| Other operating charges | 640/8 | €1,710 | €19,496 | +€17,786 | +1,040% |
| Gross operating margin | 9900 | €21,754 | €11,346 | -€10,408 | -47.8% |
| Operating profit (loss) | 9901 | €19,935 | -€8,678 | -€28,614 | |
| Financial income | 75/76B | - | €18,969 | +€18,969 | |
| Recurring financial income | 75 | - | €18,969 | +€18,969 | |
| Financial charges | 65/66B | €4,986 | €4,880 | -€106 | -2.1% |
| Recurring financial charges | 65 | €4,986 | €4,880 | -€106 | -2.1% |
| Profit (loss) for the period before taxes | 9903 | €14,950 | €5,411 | -€9,539 | -63.8% |
| Income taxes | 67/77 | €3,756 | €3,175 | -€581 | -15.5% |
| Profit (loss) for the period | 9904 | €11,194 | €2,236 | -€8,958 | -80.0% |
| Profit (loss) for the period to be appropriated | 9905 | €11,194 | €2,236 | -€8,958 | -80.0% |
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 15 October 2026 via checked.be.