GR8 ID: 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.
GR8 ID
Largest movements
- Intangible fixed assets -€12,249
down €12,249 (-28.4%), from €43,201 to €30,951
- Cash -€10,928
down €10,928 (-93.6%), from €11,675 to €747
mainly Net result for the year (-€39,063) and Trade debts (-€8,360)
- Receivables within one year -€9,595
down €9,595 (-18.1%), from €53,084 to €43,488
of which Trade receivables: -€16,055
- Deferred charges and accrued income -€1,823
no longer reported in 2024 (was €1,823)
- Profit (loss) carried forward -€39,063
down €39,063 (-198.9%), from -€19,637 to -€58,699
- Other debts +€9,482
up €9,482 (+90.2%), from €10,518 to €20,000
- Trade debts -€8,360
down €8,360 (-30.2%), from €27,703 to €19,343
- Tax, wage and social debts +€2,935
up €2,935 (+74.8%), from €3,926 to €6,861
- Gross operating margin -€35,603
down €35,603, from €11,357 to -€24,246
- Depreciation +€3,499
up €3,499 (+38.2%), from €9,160 to €12,659
- Other operating charges -€2,111
down €2,111 (-75.1%), from €2,812 to €702
- Financial income -€1,821
down €1,821 (-99.7%), from €1,826 to €5
- Financial charges +€262
up €262 (+26.2%), from €997 to €1,259
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 | €112,642 | €77,637 | -€35,006 | -31.1% |
| Fixed assets | 21/28 | €46,061 | €33,402 | -€12,659 | -27.5% |
| Intangible fixed assets | 21 | €43,201 | €30,951 | -€12,249 | -28.4% |
| Tangible fixed assets | 22/27 | €1,120 | €710 | -€410 | -36.6% |
| Furniture and vehicles | 24 | €1,120 | €710 | -€410 | -36.6% |
| Financial fixed assets | 28 | €1,740 | €1,740 | = | 0.0% |
| Current assets | 29/58 | €66,581 | €44,235 | -€22,346 | -33.6% |
| Amounts receivable within one year | 40/41 | €53,084 | €43,488 | -€9,595 | -18.1% |
| Trade receivables | 40 | €16,055 | - | -€16,055 | |
| Other amounts receivable | 41 | €37,029 | €43,488 | +€6,459 | +17.4% |
| Cash at bank and in hand | 54/58 | €11,675 | €747 | -€10,928 | -93.6% |
| Deferred charges and accrued income | 490/1 | €1,823 | - | -€1,823 | |
| Total equity and liabilities | 10/49 | €112,642 | €77,637 | -€35,006 | -31.1% |
| Equity | 10/15 | €35,364 | -€3,699 | -€39,063 | |
| Contributions | 10/11 | €55,000 | €55,000 | = | 0.0% |
| Contributions outside capital | 11 | - | €55,000 | +€55,000 | |
| Other | 1109/19 | - | €55,000 | +€55,000 | |
| Profit (loss) carried forward | 14 | -€19,637 | -€58,699 | -€39,063 | -198.9% |
| Amounts payable | 17/49 | €77,279 | €81,336 | +€4,057 | +5.3% |
| Amounts payable after more than one year | 17 | €21,501 | €21,501 | = | 0.0% |
| Financial debts | 170/4 | €21,501 | €21,501 | = | 0.0% |
| Amounts payable within one year | 42/48 | €52,129 | €56,186 | +€4,057 | +7.8% |
| Current portion of amounts payable after more than one year | 42 | €9,982 | €9,982 | = | 0.0% |
| Trade debts | 44 | €27,703 | €19,343 | -€8,360 | -30.2% |
| Suppliers | 440/4 | €27,703 | €19,343 | -€8,360 | -30.2% |
| Taxes, remuneration and social security | 45 | €3,926 | €6,861 | +€2,935 | +74.8% |
| Taxes | 450/3 | €3,926 | €6,861 | +€2,935 | +74.8% |
| Other amounts payable | 47/48 | €10,518 | €20,000 | +€9,482 | +90.2% |
| Accrued charges and deferred income | 492/3 | €3,650 | €3,650 | = | 0.0% |
| Remuneration, social security and pensions | 62 | - | €202 | +€202 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,160 | €12,659 | +€3,499 | +38.2% |
| Other operating charges | 640/8 | €2,812 | €702 | -€2,111 | -75.1% |
| Gross operating margin | 9900 | €11,357 | -€24,246 | -€35,603 | |
| Operating profit (loss) | 9901 | -€616 | -€37,809 | -€37,193 | -6039.8% |
| Financial income | 75/76B | €1,826 | €5 | -€1,821 | -99.7% |
| Recurring financial income | 75 | €1,826 | €5 | -€1,821 | -99.7% |
| Financial charges | 65/66B | €997 | €1,259 | +€262 | +26.2% |
| Recurring financial charges | 65 | €997 | €1,259 | +€262 | +26.2% |
| Profit (loss) for the period before taxes | 9903 | €213 | -€39,063 | -€39,276 | |
| Profit (loss) for the period | 9904 | €213 | -€39,063 | -€39,276 | |
| Profit (loss) for the period to be appropriated | 9905 | €213 | -€39,063 | -€39,276 |
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 10 October 2026 via checked.be.