GNV CONCEPT: 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.
GNV CONCEPT
Largest movements
- Receivables within one year +€28,793
up €28,793 (+358.3%), from €8,035 to €36,829
of which Trade receivables: +€19,929
- Tangible fixed assets -€8,556
down €8,556 (-25.5%), from €33,519 to €24,963
of which Leasing and similar rights: -€6,087
- Cash -€5,220
down €5,220 (-34.8%), from €14,979 to €9,759
mainly Receivables within one year (-€28,793) and Debts after one year (-€5,175)
- Profit (loss) carried forward +€16,219
up €16,219 (+53.2%), from €30,466 to €46,685
- Debts after one year -€5,175
down €5,175 (-28.1%), from €18,412 to €13,236
- Trade debts +€2,388
up €2,388 (+224.2%), from €1,065 to €3,453
- Contributions +€1,310
up €1,310 (+189.9%), from €690 to €2,000
- Gross operating margin -€12,287
down €12,287 (-30.3%), from €40,582 to €28,295
- Depreciation +€2,425
up €2,425 (+30.9%), from €7,840 to €10,265
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 | €56,533 | €71,551 | +€15,017 | +26.6% |
| Fixed assets | 21/28 | €33,519 | €24,963 | -€8,556 | -25.5% |
| Tangible fixed assets | 22/27 | €33,519 | €24,963 | -€8,556 | -25.5% |
| Plant, machinery and equipment | 23 | €2,046 | €1,038 | -€1,008 | -49.3% |
| Furniture and vehicles | 24 | €7,125 | €5,664 | -€1,461 | -20.5% |
| Leasing and similar rights | 25 | €24,348 | €18,261 | -€6,087 | -25.0% |
| Current assets | 29/58 | €23,014 | €46,588 | +€23,573 | +102.4% |
| Amounts receivable within one year | 40/41 | €8,035 | €36,829 | +€28,793 | +358.3% |
| Trade receivables | 40 | €2,876 | €22,805 | +€19,929 | +692.9% |
| Other amounts receivable | 41 | €5,159 | €14,024 | +€8,865 | +171.8% |
| Cash at bank and in hand | 54/58 | €14,979 | €9,759 | -€5,220 | -34.8% |
| Total equity and liabilities | 10/49 | €56,533 | €71,551 | +€15,017 | +26.6% |
| Equity | 10/15 | €31,156 | €48,685 | +€17,529 | +56.3% |
| Contributions | 10/11 | €690 | €2,000 | +€1,310 | +189.9% |
| Profit (loss) carried forward | 14 | €30,466 | €46,685 | +€16,219 | +53.2% |
| Amounts payable | 17/49 | €25,378 | €22,866 | -€2,512 | -9.9% |
| Amounts payable after more than one year | 17 | €18,412 | €13,236 | -€5,175 | -28.1% |
| Financial debts | 170/4 | €18,412 | €13,236 | -€5,175 | -28.1% |
| Amounts payable within one year | 42/48 | €6,966 | €9,630 | +€2,664 | +38.2% |
| Current portion of amounts payable after more than one year | 42 | €4,900 | €5,175 | +€276 | +5.6% |
| Trade debts | 44 | €1,065 | €3,453 | +€2,388 | +224.2% |
| Suppliers | 440/4 | €1,065 | €3,453 | +€2,388 | +224.2% |
| Taxes, remuneration and social security | 45 | €14 | €14 | = | 0.0% |
| Taxes | 450/3 | €14 | €14 | = | 0.0% |
| Other amounts payable | 47/48 | €988 | €988 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,840 | €10,265 | +€2,425 | +30.9% |
| Other operating charges | 640/8 | €1,159 | €1,105 | -€54 | -4.7% |
| Gross operating margin | 9900 | €40,582 | €28,295 | -€12,287 | -30.3% |
| Operating profit (loss) | 9901 | €31,583 | €16,925 | -€14,658 | -46.4% |
| Financial income | 75/76B | - | €10 | +€10 | |
| Recurring financial income | 75 | - | €10 | +€10 | |
| Financial charges | 65/66B | €1,117 | €716 | -€401 | -35.9% |
| Recurring financial charges | 65 | €1,011 | €716 | -€295 | -29.2% |
| Non-recurring financial charges | 66B | €106 | - | -€106 | |
| Profit (loss) for the period before taxes | 9903 | €30,466 | €16,219 | -€14,247 | -46.8% |
| Profit (loss) for the period | 9904 | €30,466 | €16,219 | -€14,247 | -46.8% |
| Profit (loss) for the period to be appropriated | 9905 | €30,466 | €16,219 | -€14,247 | -46.8% |
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 8 October 2026 via checked.be.