GHBe: 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.
GHBe
Largest movements
- Receivables within one year +€63,326
up €63,326 (+337%), from €18,795 to €82,121
of which Trade receivables: +€42,176
- Deferred charges and accrued income -€25,000
no longer reported in 2024 (was €25,000)
- Cash -€5,857
no longer reported in 2024 (was €5,857)
mainly Receivables within one year (-€63,326) and Trade debts (-€9,345)
- Tangible fixed assets -€1,252
down €1,252 (-45.2%), from €2,769 to €1,517
- Short-term financial debts +€15,624
new in 2024: €15,624
- Profit (loss) carried forward +€11,622
up €11,622 (+43.6%), from €26,626 to €38,248
- Trade debts -€9,345
no longer reported in 2024 (was €9,345)
- Tax, wage and social debts +€8,157
up €8,157 (+59.8%), from €13,650 to €21,807
- Other debts +€5,245
up €5,245 (+874%), from €600 to €5,845
- Gross operating margin -€14,456
down €14,456 (-42.7%), from €33,822 to €19,366
- Taxes -€4,122
down €4,122 (-41.9%), from €9,829 to €5,707
- Other operating charges -€1,072
down €1,072 (-90.1%), from €1,190 to €118
- Staff costs +€638
new in 2024: €638
- Depreciation -€454
down €454 (-26.6%), from €1,706 to €1,252
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 | €52,421 | €83,725 | +€31,304 | +59.7% |
| Fixed assets | 21/28 | €2,769 | €1,517 | -€1,252 | -45.2% |
| Tangible fixed assets | 22/27 | €2,769 | €1,517 | -€1,252 | -45.2% |
| Furniture and vehicles | 24 | €2,769 | €1,517 | -€1,252 | -45.2% |
| Current assets | 29/58 | €49,652 | €82,208 | +€32,556 | +65.6% |
| Amounts receivable within one year | 40/41 | €18,795 | €82,121 | +€63,326 | +337% |
| Trade receivables | 40 | - | €42,176 | +€42,176 | |
| Other amounts receivable | 41 | €18,795 | €39,945 | +€21,150 | +113% |
| Current investments | 50/53 | - | €87 | +€87 | |
| Cash at bank and in hand | 54/58 | €5,857 | - | -€5,857 | |
| Deferred charges and accrued income | 490/1 | €25,000 | - | -€25,000 | |
| Total equity and liabilities | 10/49 | €52,421 | €83,725 | +€31,304 | +59.7% |
| Equity | 10/15 | €28,826 | €40,448 | +€11,622 | +40.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Capital | 10 | €2,000 | €2,000 | = | 0.0% |
| Issued capital | 100 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €200 | €200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €200 | €200 | = | 0.0% |
| Legal reserve | 130 | €200 | €200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,626 | €38,248 | +€11,622 | +43.6% |
| Amounts payable | 17/49 | €23,595 | €43,277 | +€19,682 | +83.4% |
| Amounts payable within one year | 42/48 | €23,595 | €43,277 | +€19,682 | +83.4% |
| Financial debts | 43 | - | €15,624 | +€15,624 | |
| Credit institutions | 430/8 | - | €15,624 | +€15,624 | |
| Trade debts | 44 | €9,345 | - | -€9,345 | |
| Suppliers | 440/4 | €9,345 | - | -€9,345 | |
| Taxes, remuneration and social security | 45 | €13,650 | €21,807 | +€8,157 | +59.8% |
| Taxes | 450/3 | €13,650 | €21,807 | +€8,157 | +59.8% |
| Other amounts payable | 47/48 | €600 | €5,845 | +€5,245 | +874% |
| Remuneration, social security and pensions | 62 | - | €638 | +€638 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,706 | €1,252 | -€454 | -26.6% |
| Other operating charges | 640/8 | €1,190 | €118 | -€1,072 | -90.1% |
| Gross operating margin | 9900 | €33,822 | €19,366 | -€14,456 | -42.7% |
| Operating profit (loss) | 9901 | €30,925 | €17,357 | -€13,568 | -43.9% |
| Financial income | 75/76B | €358 | €0 | -€358 | -100.0% |
| Recurring financial income | 75 | €358 | €0 | -€358 | -100.0% |
| Financial charges | 65/66B | €6 | €28 | +€22 | +391% |
| Recurring financial charges | 65 | €6 | €28 | +€22 | +391% |
| Profit (loss) for the period before taxes | 9903 | €31,277 | €17,329 | -€13,948 | -44.6% |
| Income taxes | 67/77 | €9,829 | €5,707 | -€4,122 | -41.9% |
| Profit (loss) for the period | 9904 | €21,448 | €11,622 | -€9,826 | -45.8% |
| Profit (loss) for the period to be appropriated | 9905 | €21,448 | €11,622 | -€9,826 | -45.8% |
Source: filed annual accounts (NBB), financial years ended 30 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.