GHERIS: 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.
GHERIS
Largest movements
- Receivables within one year +€18,035
up €18,035 (+284%), from €6,344 to €24,379
of which Other amounts receivable: +€15,982
- Tangible fixed assets +€6,081
up €6,081 (+232%), from €2,624 to €8,705
- Cash +€623
up €623 (+14.1%), from €4,414 to €5,037
- Profit (loss) carried forward +€11,498
up €11,498 (+82.2%), from €13,991 to €25,489
- Trade debts +€7,629
up €7,629 (+27,033%), from €28 to €7,657
- Tax, wage and social debts +€5,418
up €5,418 (+61,573%), from €9 to €5,427
- Gross operating margin +€15,449
up €15,449 (+242%), from €6,389 to €21,838
- Staff costs +€11,599
up €11,599 (+12,164%), from €95 to €11,694
- Taxes +€3,295
up €3,295 (+16,656%), from €20 to €3,314
- Financial income -€3,000
no longer reported in 2023 (was €3,000)
- Depreciation +€1,729
up €1,729 (+65.9%), from €2,624 to €4,353
From the 2021 result to the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2021 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €14,278 | €38,823 | +€24,545 | +172% |
| Fixed assets | 21/28 | €2,774 | €8,855 | +€6,081 | +219% |
| Tangible fixed assets | 22/27 | €2,624 | €8,705 | +€6,081 | +232% |
| Furniture and vehicles | 24 | €2,624 | €8,705 | +€6,081 | +232% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €11,504 | €29,968 | +€18,464 | +160% |
| Amounts receivable within one year | 40/41 | €6,344 | €24,379 | +€18,035 | +284% |
| Trade receivables | 40 | €118 | €2,172 | +€2,054 | +1,735% |
| Other amounts receivable | 41 | €6,226 | €22,207 | +€15,982 | +257% |
| Cash at bank and in hand | 54/58 | €4,414 | €5,037 | +€623 | +14.1% |
| Deferred charges and accrued income | 490/1 | €746 | €552 | -€195 | -26.1% |
| Total equity and liabilities | 10/49 | €14,278 | €38,823 | +€24,545 | +172% |
| Equity | 10/15 | €14,241 | €25,739 | +€11,498 | +80.7% |
| Contributions | 10/11 | €250 | €250 | = | 0.0% |
| Capital | 10 | €250 | €250 | = | 0.0% |
| Issued capital | 100 | €250 | €250 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,991 | €25,489 | +€11,498 | +82.2% |
| Amounts payable | 17/49 | €37 | €13,084 | +€13,047 | +35,243% |
| Amounts payable within one year | 42/48 | €37 | €13,084 | +€13,047 | +35,243% |
| Trade debts | 44 | €28 | €7,657 | +€7,629 | +27,033% |
| Suppliers | 440/4 | €28 | €7,657 | +€7,629 | +27,033% |
| Taxes, remuneration and social security | 45 | €9 | €5,427 | +€5,418 | +61,573% |
| Remuneration and social security | 454/9 | €9 | €5,427 | +€5,418 | +61,573% |
| Non-recurring operating income | 76A | - | €2,172 | +€2,172 | |
| Remuneration, social security and pensions | 62 | €95 | €11,694 | +€11,599 | +12,164% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,624 | €4,353 | +€1,729 | +65.9% |
| Other operating charges | 640/8 | - | €1,157 | +€1,157 | |
| Gross operating margin | 9900 | €6,389 | €21,838 | +€15,449 | +242% |
| Operating profit (loss) | 9901 | €3,670 | €4,634 | +€964 | +26.3% |
| Financial income | 75/76B | €3,000 | - | -€3,000 | |
| Recurring financial income | 75 | €3,000 | - | -€3,000 | |
| Financial charges | 65/66B | €527 | €1,286 | +€759 | +144% |
| Recurring financial charges | 65 | €527 | €1,286 | +€759 | +144% |
| Profit (loss) for the period before taxes | 9903 | €6,143 | €3,348 | -€2,795 | -45.5% |
| Income taxes | 67/77 | €20 | €3,314 | +€3,295 | +16,656% |
| Profit (loss) for the period | 9904 | €6,123 | €34 | -€6,090 | -99.5% |
| Profit (loss) for the period to be appropriated | 9905 | €6,123 | €34 | -€6,090 | -99.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.