GHULAM HASSAN: what changed
GHULAM HASSAN
Largest movements
- Receivables within one year -€40,783
down €40,783 (-90.0%), from €45,295 to €4,512
of which Trade receivables: -€41,194
- Stocks and contracts +€4,020
up €4,020 (+11.2%), from €35,850 to €39,870
- Cash +€1,083
up €1,083 (+32.1%), from €3,371 to €4,454
mainly Receivables within one year (+€40,783) and Other debts (+€8,928)
- Profit (loss) carried forward -€41,440
down €41,440 (-108%), from -€38,372 to -€79,812
- Other debts +€8,928
up €8,928 (+16.7%), from €53,523 to €62,451
- Trade debts -€8,413
down €8,413 (-60.5%), from €13,910 to €5,497
- Tax, wage and social debts +€6,133
up €6,133 (+62.6%), from €9,791 to €15,924
- Gross operating margin -€25,450
down €25,450 (-238%), from -€10,711 to -€36,161
- Depreciation +€893
up €893 (+71.7%), from €1,245 to €2,138
- Financial charges +€399
up €399 (+17.0%), from €2,339 to €2,738
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €90,894 | €55,877 | -€35,017 | -38.5% |
| Fixed assets | 21/28 | €6,378 | €7,041 | +€663 | +10.4% |
| Tangible fixed assets | 22/27 | €6,328 | €6,991 | +€663 | +10.5% |
| Plant, machinery and equipment | 23 | €6,328 | €6,991 | +€663 | +10.5% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €84,516 | €48,836 | -€35,680 | -42.2% |
| Stocks and contracts in progress | 3 | €35,850 | €39,870 | +€4,020 | +11.2% |
| Stocks | 30/36 | €35,850 | €39,870 | +€4,020 | +11.2% |
| Amounts receivable within one year | 40/41 | €45,295 | €4,512 | -€40,783 | -90.0% |
| Trade receivables | 40 | €41,194 | €0 | -€41,194 | -100% |
| Other amounts receivable | 41 | €4,101 | €4,512 | +€411 | +10.0% |
| Cash at bank and in hand | 54/58 | €3,371 | €4,454 | +€1,083 | +32.1% |
| Total equity and liabilities | 10/49 | €90,894 | €55,877 | -€35,017 | -38.5% |
| Equity | 10/15 | €12,423 | -€29,016 | -€41,440 | |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €30,335 | €30,335 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €30,335 | €30,335 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€38,372 | -€79,812 | -€41,440 | -108% |
| Amounts payable | 17/49 | €78,470 | €84,894 | +€6,423 | +8.2% |
| Amounts payable within one year | 42/48 | €78,470 | €84,894 | +€6,423 | +8.2% |
| Financial debts | 43 | €1,246 | €1,022 | -€224 | -18.0% |
| Credit institutions | 430/8 | €1,246 | €1,022 | -€224 | -18.0% |
| Trade debts | 44 | €13,910 | €5,497 | -€8,413 | -60.5% |
| Suppliers | 440/4 | €13,910 | €5,497 | -€8,413 | -60.5% |
| Taxes, remuneration and social security | 45 | €9,791 | €15,924 | +€6,133 | +62.6% |
| Taxes | 450/3 | €9,791 | €15,924 | +€6,133 | +62.6% |
| Other amounts payable | 47/48 | €53,523 | €62,451 | +€8,928 | +16.7% |
| Remuneration, social security and pensions | 62 | - | €69 | +€69 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,245 | €2,138 | +€893 | +71.7% |
| Other operating charges | 640/8 | €190 | €443 | +€253 | +133% |
| Gross operating margin | 9900 | -€10,711 | -€36,161 | -€25,450 | -238% |
| Operating profit (loss) | 9901 | -€12,146 | -€38,811 | -€26,665 | -220% |
| Financial income | 75/76B | €11 | €249 | +€238 | +2,155% |
| Recurring financial income | 75 | €11 | €249 | +€238 | +2,155% |
| Financial charges | 65/66B | €2,339 | €2,738 | +€399 | +17.0% |
| Recurring financial charges | 65 | €2,339 | €2,738 | +€399 | +17.0% |
| Profit (loss) for the period before taxes | 9903 | -€14,474 | -€41,299 | -€26,825 | -185% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€14,474 | -€41,299 | -€26,825 | -185% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,474 | -€41,299 | -€26,825 | -185% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.