GOURMART: 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.
GOURMART
Largest movements
- Cash -€107,662
down €107,662 (-55.4%), from €194,345 to €86,683
mainly Investment in fixed assets (net) (-€111,470) and Receivables within one year (-€83,797)
- Receivables within one year +€83,797
up €83,797 (+484%), from €17,313 to €101,110
of which Trade receivables: +€58,365
- Tangible fixed assets +€80,087
up €80,087 (+1,212%), from €6,606 to €86,693
of which Other tangible fixed assets: +€58,408
- Intangible fixed assets +€18,813
up €18,813 (+115,770%), from €16 to €18,829
- Stocks and contracts +€7,445
up €7,445 (+17.8%), from €41,880 to €49,325
- Debts after one year +€68,276
up €68,276 (+74.3%), from €91,915 to €160,191
- Profit (loss) carried forward -€23,639
down €23,639 (-7.9%), from -€298,758 to -€322,398
- Current portion of long-term debt +€22,166
up €22,166 (+86.2%), from €25,700 to €47,866
- Trade debts +€12,481
up €12,481 (+39.1%), from €31,947 to €44,428
- Accrued charges and deferred income +€7,500
new in 2024: €7,500
- Gross operating margin +€67,768
up €67,768 (+127%), from €53,300 to €121,069
- Staff costs +€47,323
up €47,323 (+60.6%), from €78,092 to €125,415
- Depreciation +€4,876
up €4,876 (+111%), from €4,390 to €9,266
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 | €274,161 | €359,782 | +€85,621 | +31.2% |
| Formation expenses | 20 | €10,380 | €13,685 | +€3,305 | +31.8% |
| Fixed assets | 21/28 | €9,553 | €108,453 | +€98,900 | +1,035% |
| Intangible fixed assets | 21 | €16 | €18,829 | +€18,813 | +115,770% |
| Tangible fixed assets | 22/27 | €6,606 | €86,693 | +€80,087 | +1,212% |
| Plant, machinery and equipment | 23 | - | €20,871 | +€20,871 | |
| Furniture and vehicles | 24 | €6,606 | €7,414 | +€808 | +12.2% |
| Other tangible fixed assets | 26 | - | €58,408 | +€58,408 | |
| Financial fixed assets | 28 | €2,931 | €2,931 | = | 0.0% |
| Current assets | 29/58 | €254,228 | €237,644 | -€16,583 | -6.5% |
| Stocks and contracts in progress | 3 | €41,880 | €49,325 | +€7,445 | +17.8% |
| Stocks | 30/36 | €41,880 | €49,325 | +€7,445 | +17.8% |
| Amounts receivable within one year | 40/41 | €17,313 | €101,110 | +€83,797 | +484% |
| Trade receivables | 40 | €10,179 | €68,544 | +€58,365 | +573% |
| Other amounts receivable | 41 | €7,134 | €32,566 | +€25,432 | +356% |
| Cash at bank and in hand | 54/58 | €194,345 | €86,683 | -€107,662 | -55.4% |
| Deferred charges and accrued income | 490/1 | €689 | €526 | -€163 | -23.7% |
| Total equity and liabilities | 10/49 | €274,161 | €359,782 | +€85,621 | +31.2% |
| Equity | 10/15 | €88,832 | €65,193 | -€23,639 | -26.6% |
| Contributions | 10/11 | €387,590 | €387,590 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€298,758 | -€322,398 | -€23,639 | -7.9% |
| Amounts payable | 17/49 | €185,329 | €294,589 | +€109,260 | +59.0% |
| Amounts payable after more than one year | 17 | €91,915 | €160,191 | +€68,276 | +74.3% |
| Financial debts | 170/4 | €91,915 | €160,191 | +€68,276 | +74.3% |
| Amounts payable within one year | 42/48 | €93,414 | €126,898 | +€33,484 | +35.8% |
| Current portion of amounts payable after more than one year | 42 | €25,700 | €47,866 | +€22,166 | +86.2% |
| Trade debts | 44 | €31,947 | €44,428 | +€12,481 | +39.1% |
| Suppliers | 440/4 | €31,947 | €44,428 | +€12,481 | +39.1% |
| Taxes, remuneration and social security | 45 | €35,726 | €34,563 | -€1,163 | -3.3% |
| Taxes | 450/3 | €7,760 | €10,856 | +€3,096 | +39.9% |
| Remuneration and social security | 454/9 | €27,966 | €23,707 | -€4,259 | -15.2% |
| Other amounts payable | 47/48 | €41 | €41 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €7,500 | +€7,500 | |
| Non-recurring operating income | 76A | €3,031 | - | -€3,031 | |
| Remuneration, social security and pensions | 62 | €78,092 | €125,415 | +€47,323 | +60.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,390 | €9,266 | +€4,876 | +111% |
| Other operating charges | 640/8 | €1,374 | €2,092 | +€717 | +52.2% |
| Non-recurring operating charges | 66A | €8,445 | €1,267 | -€7,177 | -85.0% |
| Gross operating margin | 9900 | €53,300 | €121,069 | +€67,768 | +127% |
| Operating profit (loss) | 9901 | -€39,001 | -€16,971 | +€22,030 | +56.5% |
| Financial income | 75/76B | €1,323 | €2,119 | +€796 | +60.1% |
| Recurring financial income | 75 | €1,323 | €2,119 | +€796 | +60.1% |
| Financial charges | 65/66B | €7,992 | €8,787 | +€795 | +9.9% |
| Recurring financial charges | 65 | €7,992 | €8,787 | +€795 | +9.9% |
| Profit (loss) for the period before taxes | 9903 | -€45,670 | -€23,639 | +€22,031 | +48.2% |
| Profit (loss) for the period | 9904 | -€45,670 | -€23,639 | +€22,031 | +48.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€45,670 | -€23,639 | +€22,031 | +48.2% |
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 25 October 2026 via checked.be.