GNC GROUP: 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.
GNC GROUP
Largest movements
- Stocks and contracts -€132,402
no longer reported in 2024 (was €132,402)
of which Stocks: -€97,165
- Receivables within one year +€33,410
up €33,410 (+87.5%), from €38,171 to €71,581
of which Other amounts receivable: +€37,203
- Cash -€13,604
no longer reported in 2024 (was €13,604)
- Deferred charges and accrued income +€2,940
new in 2024: €2,940
- Trade debts -€191,164
down €191,164 (-88.4%), from €216,316 to €25,153
- Profit (loss) carried forward +€136,486
up €136,486 (+39.7%), from -€344,138 to -€207,652
- Short-term financial debts -€30,046
down €30,046 (-96.2%), from €31,248 to €1,202
- Tax, wage and social debts -€21,524
down €21,524 (-53.4%), from €40,331 to €18,807
of which Taxes: -€12,172
- Other debts -€12,514
down €12,514 (-7.3%), from €172,480 to €159,966
- Other operating charges +€72,215
up €72,215 (+1330.5%), from €5,428 to €77,643
- Write-downs -€56,110
new in 2024: -€56,110
- Staff costs -€40,590
down €40,590 (-39.8%), from €101,887 to €61,297
- Gross operating margin -€34,870
down €34,870 (-26.7%), from €130,802 to €95,932
- Financial charges +€12,703
up €12,703 (+1996.1%), from €636 to €13,339
From the 2022 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2022 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €184,178 | €74,521 | -€109,657 | -59.5% |
| Current assets | 29/58 | €184,178 | €74,521 | -€109,657 | -59.5% |
| Stocks and contracts in progress | 3 | €132,402 | - | -€132,402 | |
| Stocks | 30/36 | €97,165 | - | -€97,165 | |
| Contracts in progress | 37 | €35,237 | - | -€35,237 | |
| Amounts receivable within one year | 40/41 | €38,171 | €71,581 | +€33,410 | +87.5% |
| Trade receivables | 40 | €30,296 | €26,503 | -€3,793 | -12.5% |
| Other amounts receivable | 41 | €7,875 | €45,078 | +€37,203 | +472.4% |
| Cash at bank and in hand | 54/58 | €13,604 | - | -€13,604 | |
| Deferred charges and accrued income | 490/1 | - | €2,940 | +€2,940 | |
| Total equity and liabilities | 10/49 | €184,178 | €74,521 | -€109,657 | -59.5% |
| Equity | 10/15 | -€276,197 | -€139,711 | +€136,486 | +49.4% |
| 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% |
| Reserves | 13 | €5,941 | €5,941 | = | 0.0% |
| Non-distributable reserves | 130/1 | €652 | €652 | = | 0.0% |
| Legal reserve | 130 | €652 | €652 | = | 0.0% |
| Distributable reserves | 133 | €5,289 | €5,289 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€344,138 | -€207,652 | +€136,486 | +39.7% |
| Amounts payable | 17/49 | €460,375 | €214,232 | -€246,143 | -53.5% |
| Amounts payable within one year | 42/48 | €460,375 | €205,128 | -€255,247 | -55.4% |
| Financial debts | 43 | €31,248 | €1,202 | -€30,046 | -96.2% |
| Credit institutions | 430/8 | €31,248 | €1,202 | -€30,046 | -96.2% |
| Trade debts | 44 | €216,316 | €25,153 | -€191,164 | -88.4% |
| Suppliers | 440/4 | €216,316 | €25,153 | -€191,164 | -88.4% |
| Taxes, remuneration and social security | 45 | €40,331 | €18,807 | -€21,524 | -53.4% |
| Taxes | 450/3 | €23,189 | €11,018 | -€12,172 | -52.5% |
| Remuneration and social security | 454/9 | €17,142 | €7,790 | -€9,352 | -54.6% |
| Other amounts payable | 47/48 | €172,480 | €159,966 | -€12,514 | -7.3% |
| Accrued charges and deferred income | 492/3 | - | €9,104 | +€9,104 | |
| Remuneration, social security and pensions | 62 | €101,887 | €61,297 | -€40,590 | -39.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€56,110 | -€56,110 | |
| Other operating charges | 640/8 | €5,428 | €77,643 | +€72,215 | +1330.5% |
| Non-recurring operating charges | 66A | €0 | - | -€0 | |
| Gross operating margin | 9900 | €130,802 | €95,932 | -€34,870 | -26.7% |
| Operating profit (loss) | 9901 | €23,487 | €13,102 | -€10,385 | -44.2% |
| Financial income | 75/76B | €5,294 | €11,690 | +€6,396 | +120.8% |
| Recurring financial income | 75 | €5,294 | €11,690 | +€6,396 | +120.8% |
| Non-recurring financial income | 76B | - | €0 | = | |
| Financial charges | 65/66B | €636 | €13,339 | +€12,703 | +1996.1% |
| Recurring financial charges | 65 | €636 | €13,339 | +€12,703 | +1996.1% |
| Profit (loss) for the period before taxes | 9903 | €28,145 | €11,453 | -€16,692 | -59.3% |
| Profit (loss) for the period | 9904 | €28,145 | €11,453 | -€16,692 | -59.3% |
| Profit (loss) for the period to be appropriated | 9905 | €28,145 | €11,453 | -€16,692 | -59.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2022 and 30 June 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.