GNK & CO: 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.
GNK & CO
Largest movements
- Deferred charges and accrued income +€7,254
up €7,254 (+1,448%), from €501 to €7,755
- Receivables within one year +€7,253
up €7,253 (+12.6%), from €57,572 to €64,825
of which Trade receivables: +€13,250
- Cash -€1,262
no longer reported in 2024 (was €1,262)
mainly Deferred charges and accrued income (-€7,254) and Receivables within one year (-€7,253)
- Profit (loss) carried forward +€15,624
up €15,624 (+41.2%), from €37,916 to €53,540
- Tax, wage and social debts -€4,534
down €4,534 (-42.6%), from €10,643 to €6,109
- Trade debts +€2,727
up €2,727 (+53.3%), from €5,115 to €7,842
- Gross operating margin +€9,182
up €9,182 (+86.3%), from €10,636 to €19,818
- Taxes -€3,499
no longer reported in 2024 (was €3,499)
- Other operating charges -€2,494
down €2,494 (-77.7%), from €3,210 to €716
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
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 | €59,874 | €73,691 | +€13,817 | +23.1% |
| Fixed assets | 21/28 | €539 | €619 | +€80 | +14.9% |
| Tangible fixed assets | 22/27 | €539 | €319 | -€220 | -40.7% |
| Plant, machinery and equipment | 23 | - | €319 | +€319 | |
| Furniture and vehicles | 24 | €539 | - | -€539 | |
| Financial fixed assets | 28 | - | €300 | +€300 | |
| Current assets | 29/58 | €59,335 | €73,072 | +€13,737 | +23.2% |
| Amounts receivable within one year | 40/41 | €57,572 | €64,825 | +€7,253 | +12.6% |
| Trade receivables | 40 | €6,438 | €19,688 | +€13,250 | +206% |
| Other amounts receivable | 41 | €51,134 | €45,137 | -€5,997 | -11.7% |
| Current investments | 50/53 | - | €492 | +€492 | |
| Cash at bank and in hand | 54/58 | €1,262 | - | -€1,262 | |
| Deferred charges and accrued income | 490/1 | €501 | €7,755 | +€7,254 | +1,448% |
| Total equity and liabilities | 10/49 | €59,874 | €73,691 | +€13,817 | +23.1% |
| Equity | 10/15 | €44,116 | €59,740 | +€15,624 | +35.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | - | €6,200 | +€6,200 | |
| Other | 1109/19 | - | €6,200 | +€6,200 | |
| Profit (loss) carried forward | 14 | €37,916 | €53,540 | +€15,624 | +41.2% |
| Amounts payable | 17/49 | €15,758 | €13,951 | -€1,807 | -11.5% |
| Amounts payable within one year | 42/48 | €15,758 | €13,951 | -€1,807 | -11.5% |
| Trade debts | 44 | €5,115 | €7,842 | +€2,727 | +53.3% |
| Suppliers | 440/4 | €5,115 | €7,842 | +€2,727 | +53.3% |
| Taxes, remuneration and social security | 45 | €10,643 | €6,109 | -€4,534 | -42.6% |
| Taxes | 450/3 | €10,643 | €6,109 | -€4,534 | -42.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €173 | €220 | +€47 | +26.9% |
| Other operating charges | 640/8 | €3,210 | €716 | -€2,494 | -77.7% |
| Non-recurring operating charges | 66A | - | €147 | +€147 | |
| Gross operating margin | 9900 | €10,636 | €19,818 | +€9,182 | +86.3% |
| Operating profit (loss) | 9901 | €7,253 | €18,735 | +€11,482 | +158% |
| Financial charges | 65/66B | €458 | €321 | -€137 | -29.8% |
| Recurring financial charges | 65 | €458 | €321 | -€137 | -29.8% |
| Profit (loss) for the period before taxes | 9903 | €6,795 | €18,414 | +€11,619 | +171% |
| Income taxes | 67/77 | €3,499 | - | -€3,499 | |
| Profit (loss) for the period | 9904 | €3,296 | €18,414 | +€15,118 | +459% |
| Profit (loss) for the period to be appropriated | 9905 | €3,296 | €18,414 | +€15,118 | +459% |
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 17 October 2026 via checked.be.