GS E-COMPANY: 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.
GS E-COMPANY
Largest movements
- Stocks and contracts +€6,336
new in 2024: €6,336
- Tangible fixed assets -€2,782
down €2,782 (-23.4%), from €11,896 to €9,114
- Cash -€1,358
down €1,358 (-23.0%), from €5,900 to €4,542
mainly Stocks and contracts (-€6,336) and Other debts (-€270)
- Receivables within one year -€501
down €501 (-15.0%), from €3,351 to €2,850
- Profit (loss) carried forward +€2,031
up €2,031, from -€1,432 to €599
- Other debts -€270
down €270 (-1.3%), from €21,577 to €21,307
- Tax, wage and social debts -€231
down €231 (-23.0%), from €1,001 to €770
- Turnover +€12,607
up €12,607 (+21.3%), from €59,316 to €71,922
- Gross operating margin +€9,772
up €9,772 (+428%), from €2,285 to €12,057
- Purchases and services +€2,835
up €2,835 (+5.0%), from €57,030 to €59,865
- Other operating charges +€2,728
up €2,728 (+158%), from €1,722 to €4,450
- Taxes +€1,370
new in 2024: €1,370
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 | €21,147 | €22,841 | +€1,694 | +8.0% |
| Fixed assets | 21/28 | €11,896 | €9,114 | -€2,782 | -23.4% |
| Tangible fixed assets | 22/27 | €11,896 | €9,114 | -€2,782 | -23.4% |
| Plant, machinery and equipment | 23 | €11,896 | €9,114 | -€2,782 | -23.4% |
| Current assets | 29/58 | €9,251 | €13,727 | +€4,476 | +48.4% |
| Stocks and contracts in progress | 3 | - | €6,336 | +€6,336 | |
| Stocks | 30/36 | - | €6,336 | +€6,336 | |
| Amounts receivable within one year | 40/41 | €3,351 | €2,850 | -€501 | -15.0% |
| Other amounts receivable | 41 | €3,351 | €2,850 | -€501 | -15.0% |
| Cash at bank and in hand | 54/58 | €5,900 | €4,542 | -€1,358 | -23.0% |
| Total equity and liabilities | 10/49 | €21,147 | €22,841 | +€1,694 | +8.0% |
| Equity | 10/15 | -€1,432 | €599 | +€2,031 | |
| Profit (loss) carried forward | 14 | -€1,432 | €599 | +€2,031 | |
| Amounts payable | 17/49 | €22,578 | €22,242 | -€336 | -1.5% |
| Amounts payable within one year | 42/48 | €22,578 | €22,242 | -€336 | -1.5% |
| Trade debts | 44 | - | €164 | +€164 | |
| Suppliers | 440/4 | - | €164 | +€164 | |
| Taxes, remuneration and social security | 45 | €1,001 | €770 | -€231 | -23.0% |
| Taxes | 450/3 | €1,001 | €770 | -€231 | -23.0% |
| Other amounts payable | 47/48 | €21,577 | €21,307 | -€270 | -1.3% |
| Turnover | 70 | €59,316 | €71,922 | +€12,607 | +21.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €57,030 | €59,865 | +€2,835 | +5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,014 | €2,782 | +€768 | +38.1% |
| Other operating charges | 640/8 | €1,722 | €4,450 | +€2,728 | +158% |
| Gross operating margin | 9900 | €2,285 | €12,057 | +€9,772 | +428% |
| Operating profit (loss) | 9901 | -€1,450 | €4,825 | +€6,275 | |
| Financial income | 75/76B | €250 | €27 | -€223 | -89.2% |
| Recurring financial income | 75 | €250 | €27 | -€223 | -89.2% |
| Non-recurring financial income | 76B | €250 | €27 | -€223 | -89.2% |
| Financial charges | 65/66B | €231 | €1,451 | +€1,219 | +527% |
| Recurring financial charges | 65 | €231 | €1,419 | +€1,187 | +513% |
| Non-recurring financial charges | 66B | - | €32 | +€32 | |
| Profit (loss) for the period before taxes | 9903 | -€1,432 | €3,401 | +€4,833 | |
| Income taxes | 67/77 | - | €1,370 | +€1,370 | |
| Profit (loss) for the period | 9904 | -€1,432 | €2,031 | +€3,462 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,432 | €2,031 | +€3,462 |
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 18 October 2026 via checked.be.