GGML: 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.
GGML
Largest movements
- Cash +€3,042
up €3,042 (+819.3%), from €371 to €3,413
mainly Other debts (+€8,930) and Tax, wage and social debts (+€164)
- Receivables within one year +€80
up €80 (+8.0%), from €1,000 to €1,080
of which Trade receivables: +€80
- Other debts +€8,930
up €8,930 (+32.0%), from €27,918 to €36,848
- Profit (loss) carried forward -€4,784
down €4,784 (-14.3%), from -€33,440 to -€38,224
- Trade debts -€885
down €885 (-31.7%), from €2,789 to €1,904
- Accrued charges and deferred income -€304
no longer reported in 2024 (was €304)
- Tax, wage and social debts +€164
up €164 (+5.9%), from €2,800 to €2,964
of which Remuneration and social security: +€1,000
- Gross operating margin -€9,515
down €9,515, from €5,493 to -€4,022
- Other operating charges -€924
no longer reported in 2024 (was €924)
- Financial charges -€91
down €91 (-10.5%), from €872 to €780
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 | €1,371 | €4,493 | +€3,122 | +227.6% |
| Current assets | 29/58 | €1,371 | €4,493 | +€3,122 | +227.6% |
| Amounts receivable within one year | 40/41 | €1,000 | €1,080 | +€80 | +8.0% |
| Trade receivables | 40 | - | €80 | +€80 | |
| Other amounts receivable | 41 | €1,000 | €1,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €371 | €3,413 | +€3,042 | +819.3% |
| Total equity and liabilities | 10/49 | €1,371 | €4,493 | +€3,122 | +227.6% |
| Equity | 10/15 | -€32,440 | -€37,224 | -€4,784 | -14.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,440 | -€38,224 | -€4,784 | -14.3% |
| Amounts payable | 17/49 | €33,811 | €41,717 | +€7,905 | +23.4% |
| Amounts payable within one year | 42/48 | €33,507 | €41,717 | +€8,210 | +24.5% |
| Trade debts | 44 | €2,789 | €1,904 | -€885 | -31.7% |
| Suppliers | 440/4 | €2,789 | €1,904 | -€885 | -31.7% |
| Taxes, remuneration and social security | 45 | €2,800 | €2,964 | +€164 | +5.9% |
| Taxes | 450/3 | €2,800 | €1,964 | -€836 | -29.8% |
| Remuneration and social security | 454/9 | - | €1,000 | +€1,000 | |
| Other amounts payable | 47/48 | €27,918 | €36,848 | +€8,930 | +32.0% |
| Accrued charges and deferred income | 492/3 | €304 | - | -€304 | |
| Other operating charges | 640/8 | €924 | - | -€924 | |
| Gross operating margin | 9900 | €5,493 | -€4,022 | -€9,515 | |
| Operating profit (loss) | 9901 | €4,570 | -€4,022 | -€8,591 | |
| Financial income | 75/76B | - | €18 | +€18 | |
| Recurring financial income | 75 | - | €18 | +€18 | |
| Financial charges | 65/66B | €872 | €780 | -€91 | -10.5% |
| Recurring financial charges | 65 | €872 | €780 | -€91 | -10.5% |
| Profit (loss) for the period before taxes | 9903 | €3,698 | -€4,784 | -€8,482 | |
| Profit (loss) for the period | 9904 | €3,698 | -€4,784 | -€8,482 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,698 | -€4,784 | -€8,482 |
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 3 October 2026 via checked.be.