GSA ELECTROTECNICS: what changed
GSA ELECTROTECNICS
Largest movements
- Receivables within one year +€51,823
up €51,823 (+39.1%), from €132,466 to €184,289
of which Other amounts receivable: +€37,217
- Profit (loss) carried forward +€23,545
up €23,545 (+42.9%), from €54,882 to €78,427
- Trade debts +€16,065
up €16,065 (+32.9%), from €48,780 to €64,846
- Tax, wage and social debts +€13,923
up €13,923 (+72.9%), from €19,088 to €33,011
- Gross operating margin -€11,673
down €11,673 (-20.8%), from €56,108 to €44,435
- Other operating charges -€6,695
down €6,695 (-75.4%), from €8,881 to €2,186
- Taxes +€1,460
up €1,460 (+8.6%), from €16,942 to €18,403
- Financial income +€1,308
up €1,308 (+630%), from €208 to €1,515
- Financial charges +€638
up €638 (+58.6%), from €1,090 to €1,727
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €142,326 | €194,060 | +€51,734 | +36.3% |
| Fixed assets | 21/28 | €161 | €72 | -€89 | -55.4% |
| Tangible fixed assets | 22/27 | €161 | €72 | -€89 | -55.4% |
| Furniture and vehicles | 24 | €161 | €72 | -€89 | -55.4% |
| Current assets | 29/58 | €142,165 | €193,988 | +€51,823 | +36.5% |
| Amounts receivable within one year | 40/41 | €132,466 | €184,289 | +€51,823 | +39.1% |
| Trade receivables | 40 | €123,463 | €138,069 | +€14,606 | +11.8% |
| Other amounts receivable | 41 | €9,003 | €46,220 | +€37,217 | +413% |
| Cash at bank and in hand | 54/58 | €9,699 | €9,699 | = | 0.0% |
| Total equity and liabilities | 10/49 | €142,326 | €194,060 | +€51,734 | +36.3% |
| Equity | 10/15 | €67,642 | €91,187 | +€23,545 | +34.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €6,560 | €6,560 | = | 0.0% |
| Tax-exempt reserves | 132 | €6,560 | €6,560 | = | 0.0% |
| Profit (loss) carried forward | 14 | €54,882 | €78,427 | +€23,545 | +42.9% |
| Amounts payable | 17/49 | €74,684 | €102,872 | +€28,188 | +37.7% |
| Amounts payable within one year | 42/48 | €74,544 | €102,832 | +€28,288 | +37.9% |
| Financial debts | 43 | €6,676 | €4,976 | -€1,700 | -25.5% |
| Credit institutions | 430/8 | €6,676 | €4,976 | -€1,700 | -25.5% |
| Trade debts | 44 | €48,780 | €64,846 | +€16,065 | +32.9% |
| Suppliers | 440/4 | €48,780 | €64,846 | +€16,065 | +32.9% |
| Taxes, remuneration and social security | 45 | €19,088 | €33,011 | +€13,923 | +72.9% |
| Taxes | 450/3 | €19,088 | €33,011 | +€13,923 | +72.9% |
| Accrued charges and deferred income | 492/3 | €140 | €41 | -€99 | -71.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €89 | €89 | +€0 | 0.0% |
| Other operating charges | 640/8 | €8,881 | €2,186 | -€6,695 | -75.4% |
| Gross operating margin | 9900 | €56,108 | €44,435 | -€11,673 | -20.8% |
| Operating profit (loss) | 9901 | €47,138 | €42,160 | -€4,978 | -10.6% |
| Financial income | 75/76B | €208 | €1,515 | +€1,308 | +630% |
| Recurring financial income | 75 | €208 | €1,515 | +€1,308 | +630% |
| Financial charges | 65/66B | €1,090 | €1,727 | +€638 | +58.6% |
| Recurring financial charges | 65 | €1,090 | €1,727 | +€638 | +58.6% |
| Profit (loss) for the period before taxes | 9903 | €46,256 | €41,948 | -€4,308 | -9.3% |
| Income taxes | 67/77 | €16,942 | €18,403 | +€1,460 | +8.6% |
| Profit (loss) for the period | 9904 | €29,314 | €23,545 | -€5,768 | -19.7% |
| Profit (loss) for the period to be appropriated | 9905 | €29,314 | €23,545 | -€5,768 | -19.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.