GHIA: 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.
GHIA
Largest movements
- Tangible fixed assets -€7,345
down €7,345 (-30.8%), from €23,859 to €16,515
- Cash -€5,569
down €5,569 (-85.6%), from €6,505 to €936
mainly Net result for the year (-€16,034) and Deferred charges and accrued income (-€525)
- Deferred charges and accrued income +€525
up €525 (+188.7%), from €278 to €803
- Profit (loss) carried forward -€16,034
down €16,034 (-108.2%), from -€14,822 to -€30,856
- Other debts +€3,138
up €3,138 (+19.9%), from €15,796 to €18,934
- Trade debts +€571
up €571, from €0 to €571
- Gross operating margin -€3,277
down €3,277 (-86.9%), from -€3,770 to -€7,047
- Depreciation -€563
down €563 (-7.1%), from €7,908 to €7,345
- Financial charges +€434
up €434 (+336.7%), from €129 to €563
From the 2022 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.
Cash bridge derived
Derived from the 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €31,075 | €18,991 | -€12,083 | -38.9% |
| Fixed assets | 21/28 | €23,884 | €16,540 | -€7,345 | -30.8% |
| Tangible fixed assets | 22/27 | €23,859 | €16,515 | -€7,345 | -30.8% |
| Furniture and vehicles | 24 | €23,859 | €16,515 | -€7,345 | -30.8% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €7,190 | €2,452 | -€4,739 | -65.9% |
| Amounts receivable within one year | 40/41 | €408 | €713 | +€305 | +74.8% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €408 | €713 | +€305 | +74.8% |
| Cash at bank and in hand | 54/58 | €6,505 | €936 | -€5,569 | -85.6% |
| Deferred charges and accrued income | 490/1 | €278 | €803 | +€525 | +188.7% |
| Total equity and liabilities | 10/49 | €31,075 | €18,991 | -€12,083 | -38.9% |
| Equity | 10/15 | €15,034 | -€1,000 | -€16,034 | |
| Contributions | 10/11 | €19,487 | €19,487 | = | 0.0% |
| Reserves | 13 | €10,368 | €10,368 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,949 | €1,949 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,949 | €1,949 | = | 0.0% |
| Distributable reserves | 133 | €8,420 | €8,420 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,822 | -€30,856 | -€16,034 | -108.2% |
| Amounts payable | 17/49 | €16,041 | €19,992 | +€3,951 | +24.6% |
| Amounts payable within one year | 42/48 | €16,041 | €19,992 | +€3,951 | +24.6% |
| Trade debts | 44 | €0 | €571 | +€571 | |
| Suppliers | 440/4 | €0 | €571 | +€571 | |
| Taxes, remuneration and social security | 45 | €245 | €486 | +€241 | +98.3% |
| Taxes | 450/3 | €245 | €486 | +€241 | +98.3% |
| Other amounts payable | 47/48 | €15,796 | €18,934 | +€3,138 | +19.9% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,908 | €7,345 | -€563 | -7.1% |
| Other operating charges | 640/8 | €976 | €934 | -€43 | -4.4% |
| Non-recurring operating charges | 66A | €62 | €0 | -€62 | -100.0% |
| Gross operating margin | 9900 | -€3,770 | -€7,047 | -€3,277 | -86.9% |
| Operating profit (loss) | 9901 | -€12,716 | -€15,326 | -€2,609 | -20.5% |
| Financial income | 75/76B | €114 | €95 | -€19 | -16.6% |
| Recurring financial income | 75 | €114 | €95 | -€19 | -16.6% |
| Financial charges | 65/66B | €129 | €563 | +€434 | +336.7% |
| Recurring financial charges | 65 | €129 | €563 | +€434 | +336.7% |
| Profit (loss) for the period before taxes | 9903 | -€12,731 | -€15,793 | -€3,062 | -24.1% |
| Income taxes | 67/77 | €245 | €241 | -€4 | -1.7% |
| Profit (loss) for the period | 9904 | -€12,976 | -€16,034 | -€3,058 | -23.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,976 | -€16,034 | -€3,058 | -23.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.