GDPE-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.
GDPE-CONCEPT
Largest movements
- Receivables after one year -€90,000
no longer reported in 2024 (was €90,000)
- Tangible fixed assets -€30,578
down €30,578 (-2.6%), from €1.2m to €1.2m
of which Land and buildings: -€36,779
- Receivables within one year +€19,366
up €19,366 (+10.3%), from €187,116 to €206,482
of which Trade receivables: +€19,998
- Other debts -€79,621
down €79,621 (-84.8%), from €93,868 to €14,247
- Debts after one year -€38,000
down €38,000 (-3.7%), from €1.0m to €982,779
- Gross operating margin +€33,414
up €33,414 (+65.4%), from €51,057 to €84,471
- Taxes -€21,743
no longer reported in 2024 (was €21,743)
- Financial charges +€21,460
up €21,460 (+88.0%), from €24,385 to €45,845
- Purchases and services -€18,665
no longer reported in 2024 (was €18,665)
- Depreciation +€15,805
up €15,805 (+73.1%), from €21,632 to €37,438
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 | €1,484,571 | €1,369,294 | -€115,277 | -7.8% |
| Fixed assets | 21/28 | €1,191,915 | €1,161,337 | -€30,578 | -2.6% |
| Tangible fixed assets | 22/27 | €1,191,915 | €1,161,337 | -€30,578 | -2.6% |
| Land and buildings | 22 | €1,189,424 | €1,152,645 | -€36,779 | -3.1% |
| Plant, machinery and equipment | 23 | €2,491 | €1,957 | -€534 | -21.4% |
| Furniture and vehicles | 24 | - | €6,735 | +€6,735 | |
| Current assets | 29/58 | €292,656 | €207,957 | -€84,699 | -28.9% |
| Amounts receivable after more than one year | 29 | €90,000 | - | -€90,000 | |
| Trade receivables | 290 | €90,000 | - | -€90,000 | |
| Amounts receivable within one year | 40/41 | €187,116 | €206,482 | +€19,366 | +10.3% |
| Trade receivables | 40 | €15,825 | €35,823 | +€19,998 | +126.4% |
| Other amounts receivable | 41 | €171,291 | €170,659 | -€632 | -0.4% |
| Cash at bank and in hand | 54/58 | €15,540 | €1,475 | -€14,065 | -90.5% |
| Total equity and liabilities | 10/49 | €1,484,571 | €1,369,294 | -€115,277 | -7.8% |
| Equity | 10/15 | €311,660 | €313,886 | +€2,225 | +0.7% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €60,868 | €57,756 | -€3,112 | -5.1% |
| Tax-exempt reserves | 132 | €58,968 | €55,856 | -€3,112 | -5.3% |
| Distributable reserves | 133 | €1,900 | €1,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | €231,792 | €237,130 | +€5,338 | +2.3% |
| Provisions and deferred taxes | 16 | €19,656 | €18,619 | -€1,037 | -5.3% |
| Deferred taxes | 168 | €19,656 | €18,619 | -€1,037 | -5.3% |
| Amounts payable | 17/49 | €1,153,254 | €1,036,789 | -€116,465 | -10.1% |
| Amounts payable after more than one year | 17 | €1,020,778 | €982,779 | -€38,000 | -3.7% |
| Financial debts | 170/4 | €1,020,778 | €982,779 | -€38,000 | -3.7% |
| Amounts payable within one year | 42/48 | €132,476 | €54,011 | -€78,465 | -59.2% |
| Current portion of amounts payable after more than one year | 42 | €36,508 | €38,000 | +€1,491 | +4.1% |
| Trade debts | 44 | €2,100 | €1,764 | -€336 | -16.0% |
| Suppliers | 440/4 | €2,100 | €1,764 | -€336 | -16.0% |
| Other amounts payable | 47/48 | €93,868 | €14,247 | -€79,621 | -84.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €18,665 | - | -€18,665 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,632 | €37,438 | +€15,805 | +73.1% |
| Other operating charges | 640/8 | €15,748 | - | -€15,748 | |
| Non-recurring operating charges | 66A | - | €0 | +€0 | |
| Gross operating margin | 9900 | €51,057 | €84,471 | +€33,414 | +65.4% |
| Operating profit (loss) | 9901 | €13,676 | €47,033 | +€33,357 | +243.9% |
| Financial charges | 65/66B | €24,385 | €45,845 | +€21,460 | +88.0% |
| Recurring financial charges | 65 | €24,385 | €45,845 | +€21,460 | +88.0% |
| Profit (loss) for the period before taxes | 9903 | -€10,709 | €1,188 | +€11,897 | |
| Transfer from deferred taxes | 780 | - | €1,037 | +€1,037 | |
| Income taxes | 67/77 | €21,743 | - | -€21,743 | |
| Profit (loss) for the period | 9904 | -€32,452 | €2,225 | +€34,678 | |
| Transfer from tax-exempt reserves | 789 | €35,482 | €3,112 | -€32,369 | -91.2% |
| Profit (loss) for the period to be appropriated | 9905 | €3,029 | €5,338 | +€2,308 | +76.2% |
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.