GIZMO SERVICES: 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.
GIZMO SERVICES
Largest movements
- Tangible fixed assets -€10,580
down €10,580 (-42.4%), from €24,924 to €14,344
- Receivables within one year +€5,980
up €5,980 (+34.5%), from €17,320 to €23,299
of which Trade receivables: +€8,869
- Cash -€3,061
down €3,061 (-97.4%), from €3,144 to €83
mainly Trade debts (-€8,180) and Receivables within one year (-€5,980)
- Trade debts -€8,180
down €8,180 (-29.0%), from €28,166 to €19,986
- Other debts +€2,398
up €2,398 (+422.9%), from €567 to €2,965
- Tax, wage and social debts -€854
down €854 (-39.4%), from €2,167 to €1,313
- Advances received -€700
no longer reported in 2024 (was €700)
- Turnover +€121,811
new in 2024: €121,811
- Purchases and services +€106,443
new in 2024: €106,443
- Gross operating margin +€5,234
up €5,234 (+51.6%), from €10,135 to €15,368
- Depreciation +€4,527
up €4,527 (+74.8%), from €6,054 to €10,580
- Taxes +€2,436
new in 2024: €2,436
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 | €45,388 | €37,726 | -€7,662 | -16.9% |
| Fixed assets | 21/28 | €24,924 | €14,344 | -€10,580 | -42.4% |
| Tangible fixed assets | 22/27 | €24,924 | €14,344 | -€10,580 | -42.4% |
| Furniture and vehicles | 24 | €24,924 | €14,344 | -€10,580 | -42.4% |
| Current assets | 29/58 | €20,464 | €23,382 | +€2,918 | +14.3% |
| Amounts receivable within one year | 40/41 | €17,320 | €23,299 | +€5,980 | +34.5% |
| Trade receivables | 40 | €14,431 | €23,299 | +€8,869 | +61.5% |
| Other amounts receivable | 41 | €2,889 | - | -€2,889 | |
| Cash at bank and in hand | 54/58 | €3,144 | €83 | -€3,061 | -97.4% |
| Total equity and liabilities | 10/49 | €45,388 | €37,726 | -€7,662 | -16.9% |
| Equity | 10/15 | €13,788 | €13,462 | -€326 | -2.4% |
| Contributions | 10/11 | €2,600 | €2,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,188 | €10,862 | -€326 | -2.9% |
| Amounts payable | 17/49 | €31,600 | €24,264 | -€7,336 | -23.2% |
| Amounts payable within one year | 42/48 | €31,600 | €24,264 | -€7,336 | -23.2% |
| Trade debts | 44 | €28,166 | €19,986 | -€8,180 | -29.0% |
| Suppliers | 440/4 | €28,166 | €19,986 | -€8,180 | -29.0% |
| Advances received on contracts in progress | 46 | €700 | - | -€700 | |
| Taxes, remuneration and social security | 45 | €2,167 | €1,313 | -€854 | -39.4% |
| Taxes | 450/3 | €2,167 | €1,313 | -€854 | -39.4% |
| Other amounts payable | 47/48 | €567 | €2,965 | +€2,398 | +422.9% |
| Turnover | 70 | - | €121,811 | +€121,811 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €106,443 | +€106,443 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,054 | €10,580 | +€4,527 | +74.8% |
| Other operating charges | 640/8 | €1,705 | €2,491 | +€786 | +46.1% |
| Gross operating margin | 9900 | €10,135 | €15,368 | +€5,234 | +51.6% |
| Operating profit (loss) | 9901 | €2,376 | €2,297 | -€79 | -3.3% |
| Financial charges | 65/66B | €162 | €187 | +€25 | +15.8% |
| Recurring financial charges | 65 | €162 | €187 | +€25 | +15.8% |
| Profit (loss) for the period before taxes | 9903 | €2,214 | €2,110 | -€104 | -4.7% |
| Income taxes | 67/77 | - | €2,436 | +€2,436 | |
| Profit (loss) for the period | 9904 | €2,214 | -€326 | -€2,540 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,214 | -€326 | -€2,540 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.