GDG SERVICES: 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.
GDG SERVICES
Largest movements
- Cash -€9,466
down €9,466 (-50.4%), from €18,794 to €9,329
mainly Trade debts (-€14,205) and Net result for the year (-€14,067)
- Deferred charges and accrued income -€3,985
down €3,985 (-19.1%), from €20,912 to €16,927
- Tangible fixed assets -€2,609
down €2,609 (-43.0%), from €6,071 to €3,462
- Receivables within one year -€1,486
down €1,486 (-29.4%), from €5,061 to €3,576
of which Trade receivables: -€1,539
- Other debts +€15,835
up €15,835 (+41.4%), from €38,270 to €54,105
- Trade debts -€14,205
down €14,205 (-58.1%), from €24,432 to €10,226
- Profit (loss) carried forward -€14,067
down €14,067 (-46.1%), from -€30,487 to -€44,554
- Tax, wage and social debts -€5,108
down €5,108 (-73.0%), from €6,995 to €1,888
of which Taxes: -€4,157
- Staff costs -€35,924
down €35,924 (-91.5%), from €39,281 to €3,357
- Gross operating margin -€20,039
down €20,039, from €16,686 to -€3,353
- Other operating charges -€6,550
down €6,550 (-94.3%), from €6,942 to €392
- Financial charges +€3,698
up €3,698 (+562.6%), from €657 to €4,356
- Taxes -€1,207
no longer reported in 2024 (was €1,207)
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 | €86,210 | €68,665 | -€17,545 | -20.4% |
| Fixed assets | 21/28 | €6,871 | €4,262 | -€2,609 | -38.0% |
| Tangible fixed assets | 22/27 | €6,071 | €3,462 | -€2,609 | -43.0% |
| Furniture and vehicles | 24 | €6,071 | €3,462 | -€2,609 | -43.0% |
| Financial fixed assets | 28 | €800 | €800 | = | 0.0% |
| Current assets | 29/58 | €79,339 | €64,403 | -€14,936 | -18.8% |
| Stocks and contracts in progress | 3 | €34,572 | €34,572 | = | 0.0% |
| Stocks | 30/36 | €34,572 | €34,572 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €5,061 | €3,576 | -€1,486 | -29.4% |
| Trade receivables | 40 | €4,763 | €3,223 | -€1,539 | -32.3% |
| Other amounts receivable | 41 | €298 | €352 | +€54 | +18.1% |
| Cash at bank and in hand | 54/58 | €18,794 | €9,329 | -€9,466 | -50.4% |
| Deferred charges and accrued income | 490/1 | €20,912 | €16,927 | -€3,985 | -19.1% |
| Total equity and liabilities | 10/49 | €86,210 | €68,665 | -€17,545 | -20.4% |
| Equity | 10/15 | €16,513 | €2,446 | -€14,067 | -85.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €37,000 | €37,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €35,000 | €35,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,487 | -€44,554 | -€14,067 | -46.1% |
| Amounts payable | 17/49 | €69,697 | €66,219 | -€3,478 | -5.0% |
| Amounts payable within one year | 42/48 | €69,697 | €66,219 | -€3,478 | -5.0% |
| Trade debts | 44 | €24,432 | €10,226 | -€14,205 | -58.1% |
| Suppliers | 440/4 | €24,432 | €10,226 | -€14,205 | -58.1% |
| Taxes, remuneration and social security | 45 | €6,995 | €1,888 | -€5,108 | -73.0% |
| Taxes | 450/3 | €6,045 | €1,888 | -€4,157 | -68.8% |
| Remuneration and social security | 454/9 | €950 | - | -€950 | |
| Other amounts payable | 47/48 | €38,270 | €54,105 | +€15,835 | +41.4% |
| Remuneration, social security and pensions | 62 | €39,281 | €3,357 | -€35,924 | -91.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,198 | €2,609 | +€411 | +18.7% |
| Other operating charges | 640/8 | €6,942 | €392 | -€6,550 | -94.3% |
| Gross operating margin | 9900 | €16,686 | -€3,353 | -€20,039 | |
| Operating profit (loss) | 9901 | -€31,736 | -€9,712 | +€22,024 | +69.4% |
| Financial income | 75/76B | €1,190 | €0 | -€1,190 | -100.0% |
| Recurring financial income | 75 | €1,190 | €0 | -€1,190 | -100.0% |
| Financial charges | 65/66B | €657 | €4,356 | +€3,698 | +562.6% |
| Recurring financial charges | 65 | €657 | €4,356 | +€3,698 | +562.6% |
| Profit (loss) for the period before taxes | 9903 | -€31,203 | -€14,067 | +€17,135 | +54.9% |
| Income taxes | 67/77 | €1,207 | - | -€1,207 | |
| Profit (loss) for the period | 9904 | -€32,409 | -€14,067 | +€18,342 | +56.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€32,409 | -€14,067 | +€18,342 | +56.6% |
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 4 October 2026 via checked.be.