GINGO CONSULT: 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.
GINGO CONSULT
Largest movements
- Receivables within one year -€31,979
down €31,979 (-65.0%), from €49,215 to €17,236
of which Trade receivables: -€30,272
- Tangible fixed assets -€13,440
down €13,440 (-6.8%), from €198,795 to €185,355
of which Land and buildings: -€12,552
- Cash +€2,999
up €2,999 (+75.8%), from €3,954 to €6,953
mainly Receivables within one year (+€31,979) and Depreciation (+€13,728)
- Profit (loss) carried forward -€18,986
down €18,986 (-44.6%), from -€42,539 to -€61,526
- Trade debts -€18,669
no longer reported in 2024 (was €18,669)
- Other debts -€3,527
down €3,527 (-2.4%), from €144,340 to €140,813
- Other operating charges -€22,841
down €22,841 (-87.1%), from €26,211 to €3,371
- Purchases and services -€10,891
down €10,891 (-35.6%), from €30,559 to €19,668
- Turnover -€2,100
down €2,100 (-13.5%), from €15,600 to €13,500
- Gross operating margin +€812
up €812 (+36.3%), from -€2,238 to -€1,426
- Depreciation -€396
down €396 (-2.8%), from €14,124 to €13,728
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 | €252,609 | €210,089 | -€42,520 | -16.8% |
| Fixed assets | 21/28 | €198,795 | €185,355 | -€13,440 | -6.8% |
| Tangible fixed assets | 22/27 | €198,795 | €185,355 | -€13,440 | -6.8% |
| Land and buildings | 22 | €195,116 | €182,564 | -€12,552 | -6.4% |
| Plant, machinery and equipment | 23 | €3,679 | €2,791 | -€888 | -24.1% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €53,814 | €24,734 | -€29,080 | -54.0% |
| Amounts receivable within one year | 40/41 | €49,215 | €17,236 | -€31,979 | -65.0% |
| Trade receivables | 40 | €43,012 | €12,740 | -€30,272 | -70.4% |
| Other amounts receivable | 41 | €6,204 | €4,496 | -€1,708 | -27.5% |
| Cash at bank and in hand | 54/58 | €3,954 | €6,953 | +€2,999 | +75.8% |
| Deferred charges and accrued income | 490/1 | €644 | €544 | -€100 | -15.5% |
| Total equity and liabilities | 10/49 | €252,609 | €210,089 | -€42,520 | -16.8% |
| Equity | 10/15 | €737 | -€18,250 | -€18,986 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €37,076 | €37,076 | = | 0.0% |
| Distributable reserves | 133 | €37,076 | €37,076 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€42,539 | -€61,526 | -€18,986 | -44.6% |
| Amounts payable | 17/49 | €251,872 | €228,339 | -€23,534 | -9.3% |
| Amounts payable after more than one year | 17 | €76,690 | €74,782 | -€1,908 | -2.5% |
| Financial debts | 170/4 | €76,690 | €74,782 | -€1,908 | -2.5% |
| Amounts payable within one year | 42/48 | €175,182 | €153,557 | -€21,626 | -12.3% |
| Current portion of amounts payable after more than one year | 42 | €12,058 | €12,058 | = | 0.0% |
| Trade debts | 44 | €18,669 | - | -€18,669 | |
| Suppliers | 440/4 | €18,669 | - | -€18,669 | |
| Taxes, remuneration and social security | 45 | €115 | €686 | +€570 | +493.8% |
| Taxes | 450/3 | €115 | €686 | +€570 | +493.8% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €144,340 | €140,813 | -€3,527 | -2.4% |
| Turnover | 70 | €15,600 | €13,500 | -€2,100 | -13.5% |
| Non-recurring operating income | 76A | €12,721 | €4,742 | -€7,979 | -62.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €30,559 | €19,668 | -€10,891 | -35.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,124 | €13,728 | -€396 | -2.8% |
| Other operating charges | 640/8 | €26,211 | €3,371 | -€22,841 | -87.1% |
| Gross operating margin | 9900 | -€2,238 | -€1,426 | +€812 | +36.3% |
| Operating profit (loss) | 9901 | -€42,574 | -€18,525 | +€24,049 | +56.5% |
| Financial income | 75/76B | €1 | €7 | +€6 | +447.7% |
| Recurring financial income | 75 | €1 | €7 | +€6 | +447.7% |
| Financial charges | 65/66B | €379 | €469 | +€89 | +23.5% |
| Recurring financial charges | 65 | €379 | €469 | +€89 | +23.5% |
| Non-recurring financial charges | 66B | - | €0 | = | |
| Profit (loss) for the period before taxes | 9903 | -€42,952 | -€18,986 | +€23,965 | +55.8% |
| Income taxes | 67/77 | €94 | €0 | -€94 | -100.0% |
| Profit (loss) for the period | 9904 | -€43,046 | -€18,986 | +€24,060 | +55.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€43,046 | -€18,986 | +€24,060 | +55.9% |
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 1 October 2026 via checked.be.