GGWORLD: 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.
GGWORLD
Largest movements
- Tangible fixed assets +€39,502
up €39,502 (+31.0%), from €127,623 to €167,125
of which Land and buildings: +€39,659
- Deferred charges and accrued income +€22,854
up €22,854 (+39.9%), from €57,209 to €80,063
- Receivables within one year +€7,076
up €7,076 (+410.9%), from €1,722 to €8,798
of which Trade receivables: +€5,120
- Debts after one year +€26,514
up €26,514 (+26.4%), from €100,279 to €126,793
- Tax, wage and social debts +€18,520
up €18,520 (+61.2%), from €30,276 to €48,796
of which Remuneration and social security: +€21,005
- Profit (loss) carried forward +€12,967
up €12,967 (+77.1%), from €16,808 to €29,774
- Current portion of long-term debt +€7,767
up €7,767 (+96.1%), from €8,086 to €15,853
- Trade debts +€6,251
up €6,251 (+41.8%), from €14,945 to €21,196
- Gross operating margin +€57,433
up €57,433 (+84.1%), from €68,289 to €125,722
- Staff costs +€44,603
up €44,603 (+91.7%), from €48,619 to €93,222
- Financial charges +€1,422
up €1,422 (+52.8%), from €2,693 to €4,115
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 | €217,812 | €285,955 | +€68,143 | +31.3% |
| Fixed assets | 21/28 | €146,553 | €186,055 | +€39,502 | +27.0% |
| Tangible fixed assets | 22/27 | €127,623 | €167,125 | +€39,502 | +31.0% |
| Land and buildings | 22 | €123,346 | €163,005 | +€39,659 | +32.2% |
| Furniture and vehicles | 24 | €4,277 | €4,120 | -€157 | -3.7% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Financial fixed assets | 28 | €18,930 | €18,930 | = | 0.0% |
| Current assets | 29/58 | €71,260 | €99,900 | +€28,641 | +40.2% |
| Amounts receivable within one year | 40/41 | €1,722 | €8,798 | +€7,076 | +410.9% |
| Trade receivables | 40 | €1,698 | €6,817 | +€5,120 | +301.6% |
| Other amounts receivable | 41 | €25 | €1,981 | +€1,956 | +7984.9% |
| Cash at bank and in hand | 54/58 | €12,328 | €11,039 | -€1,289 | -10.5% |
| Deferred charges and accrued income | 490/1 | €57,209 | €80,063 | +€22,854 | +39.9% |
| Total equity and liabilities | 10/49 | €217,812 | €285,955 | +€68,143 | +31.3% |
| Equity | 10/15 | €24,868 | €37,834 | +€12,967 | +52.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,808 | €29,774 | +€12,967 | +77.1% |
| Amounts payable | 17/49 | €192,945 | €248,121 | +€55,176 | +28.6% |
| Amounts payable after more than one year | 17 | €100,279 | €126,793 | +€26,514 | +26.4% |
| Financial debts | 170/4 | €100,279 | €126,793 | +€26,514 | +26.4% |
| Amounts payable within one year | 42/48 | €92,665 | €121,327 | +€28,662 | +30.9% |
| Current portion of amounts payable after more than one year | 42 | €8,086 | €15,853 | +€7,767 | +96.1% |
| Trade debts | 44 | €14,945 | €21,196 | +€6,251 | +41.8% |
| Suppliers | 440/4 | €14,945 | €21,196 | +€6,251 | +41.8% |
| Taxes, remuneration and social security | 45 | €30,276 | €48,796 | +€18,520 | +61.2% |
| Taxes | 450/3 | €22,310 | €19,826 | -€2,485 | -11.1% |
| Remuneration and social security | 454/9 | €7,966 | €28,970 | +€21,005 | +263.7% |
| Other amounts payable | 47/48 | €39,359 | €35,482 | -€3,877 | -9.8% |
| Remuneration, social security and pensions | 62 | €48,619 | €93,222 | +€44,603 | +91.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,251 | €11,711 | -€540 | -4.4% |
| Other operating charges | 640/8 | €3,237 | €2,362 | -€874 | -27.0% |
| Gross operating margin | 9900 | €68,289 | €125,722 | +€57,433 | +84.1% |
| Operating profit (loss) | 9901 | €4,182 | €18,427 | +€14,245 | +340.7% |
| Financial income | 75/76B | €40 | €308 | +€268 | +665.6% |
| Recurring financial income | 75 | €40 | €308 | +€268 | +665.6% |
| Financial charges | 65/66B | €2,693 | €4,115 | +€1,422 | +52.8% |
| Recurring financial charges | 65 | €2,693 | €4,115 | +€1,422 | +52.8% |
| Profit (loss) for the period before taxes | 9903 | €1,529 | €14,620 | +€13,091 | +856.4% |
| Income taxes | 67/77 | €1,052 | €1,653 | +€601 | +57.2% |
| Profit (loss) for the period | 9904 | €477 | €12,967 | +€12,490 | +2619.0% |
| Profit (loss) for the period to be appropriated | 9905 | €477 | €12,967 | +€12,490 | +2619.0% |
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.