GL EUROPA: 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.
GL EUROPA
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Other debts +€1.1m
up €1.1m (+6.3%), from €17.9m to €19.0m
- Profit (loss) carried forward -€1.0m
down €1.0m (-5.1%), from -€19.8m to -€20.8m
- Accrued charges and deferred income -€261,189
down €261,189 (-99.8%), from €261,656 to €467
- Financial charges +€7,612
up €7,612 (+0.8%), from €976,133 to €983,745
- Gross operating margin -€4,294
down €4,294 (-18.1%), from -€23,779 to -€28,073
- Other operating charges +€551
up €551 (+47.0%), from €1,172 to €1,723
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.
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €14,046,561 | €14,016,452 | -€30,109 | -0.2% |
| Fixed assets | 21/28 | €13,974,510 | €13,974,510 | = | 0.0% |
| Financial fixed assets | 28 | €13,974,510 | €13,974,510 | = | 0.0% |
| Current assets | 29/58 | €72,051 | €41,942 | -€30,109 | -41.8% |
| Amounts receivable within one year | 40/41 | €69,913 | €39,716 | -€30,197 | -43.2% |
| Other amounts receivable | 41 | €69,913 | €39,716 | -€30,197 | -43.2% |
| Deferred charges and accrued income | 490/1 | €2,139 | €2,227 | +€88 | +4.1% |
| Total equity and liabilities | 10/49 | €14,046,561 | €14,016,452 | -€30,109 | -0.2% |
| Equity | 10/15 | -€19,737,220 | -€20,750,762 | -€1.0m | -5.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,799,220 | -€20,812,762 | -€1.0m | -5.1% |
| Amounts payable | 17/49 | €33,783,782 | €34,767,214 | +€983,432 | +2.9% |
| Amounts payable after more than one year | 17 | €15,631,178 | €15,752,993 | +€121,815 | +0.8% |
| Financial debts | 170/4 | €15,631,178 | €15,752,993 | +€121,815 | +0.8% |
| Amounts payable within one year | 42/48 | €17,890,948 | €19,013,754 | +€1.1m | +6.3% |
| Trade debts | 44 | €6,000 | €5,687 | -€313 | -5.2% |
| Suppliers | 440/4 | €6,000 | €5,687 | -€313 | -5.2% |
| Other amounts payable | 47/48 | €17,884,948 | €19,008,067 | +€1.1m | +6.3% |
| Accrued charges and deferred income | 492/3 | €261,656 | €467 | -€261,189 | -99.8% |
| Other operating charges | 640/8 | €1,172 | €1,723 | +€551 | +47.0% |
| Gross operating margin | 9900 | -€23,779 | -€28,073 | -€4,294 | -18.1% |
| Operating profit (loss) | 9901 | -€24,951 | -€29,796 | -€4,845 | -19.4% |
| Financial charges | 65/66B | €976,133 | €983,745 | +€7,612 | +0.8% |
| Recurring financial charges | 65 | €976,133 | €983,745 | +€7,612 | +0.8% |
| Profit (loss) for the period before taxes | 9903 | -€1,001,083 | -€1,013,541 | -€12,458 | -1.2% |
| Profit (loss) for the period | 9904 | -€1,001,083 | -€1,013,541 | -€12,458 | -1.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,001,083 | -€1,013,541 | -€12,458 | -1.2% |
Source: filed annual accounts (NBB), financial years ended 31 March 2023 and 31 March 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.