GSB SOLUTION: 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.
GSB SOLUTION
Largest movements
- Cash +€28,183
up €28,183 (+59.3%), from €47,538 to €75,721
mainly Provisions (+€37,200) and Depreciation (+€8,405)
- Tangible fixed assets -€8,405
down €8,405 (-20.5%), from €41,001 to €32,596
of which Furniture and vehicles: -€8,210
- Receivables within one year +€2,062
up €2,062 (+19.3%), from €10,672 to €12,734
of which Other amounts receivable: +€1,970
- Provisions +€37,200
new in 2024: €37,200
- Profit (loss) carried forward -€11,696
down €11,696 (-20.4%), from €57,258 to €45,562
- Tax, wage and social debts +€6,120
up €6,120 (+122.8%), from €4,983 to €11,103
- Debts after one year -€6,040
down €6,040 (-24.0%), from €25,192 to €19,152
- Current portion of long-term debt -€2,383
down €2,383 (-28.3%), from €8,423 to €6,040
- Provisions +€37,200
new in 2024: €37,200
- Depreciation +€7,099
up €7,099 (+543.5%), from €1,306 to €8,405
- Gross operating margin +€3,035
up €3,035 (+7.2%), from €42,357 to €45,392
- Other operating charges +€987
new in 2024: €987
- Financial charges +€919
up €919 (+227.7%), from €404 to €1,322
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 | €99,704 | €122,239 | +€22,535 | +22.6% |
| Fixed assets | 21/28 | €41,001 | €32,596 | -€8,405 | -20.5% |
| Tangible fixed assets | 22/27 | €41,001 | €32,596 | -€8,405 | -20.5% |
| Land and buildings | 22 | €1,909 | €1,715 | -€195 | -10.2% |
| Furniture and vehicles | 24 | €39,091 | €30,882 | -€8,210 | -21.0% |
| Current assets | 29/58 | €58,703 | €89,643 | +€30,940 | +52.7% |
| Amounts receivable within one year | 40/41 | €10,672 | €12,734 | +€2,062 | +19.3% |
| Trade receivables | 40 | €10,672 | €10,764 | +€92 | +0.9% |
| Other amounts receivable | 41 | - | €1,970 | +€1,970 | |
| Cash at bank and in hand | 54/58 | €47,538 | €75,721 | +€28,183 | +59.3% |
| Deferred charges and accrued income | 490/1 | €492 | €1,187 | +€695 | +141.2% |
| Total equity and liabilities | 10/49 | €99,704 | €122,239 | +€22,535 | +22.6% |
| Equity | 10/15 | €59,258 | €47,562 | -€11,696 | -19.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €57,258 | €45,562 | -€11,696 | -20.4% |
| Provisions and deferred taxes | 16 | - | €37,200 | +€37,200 | |
| Provisions for liabilities and charges | 160/5 | - | €37,200 | +€37,200 | |
| Other liabilities and charges | 164/5 | - | €37,200 | +€37,200 | |
| Amounts payable | 17/49 | €40,446 | €37,477 | -€2,968 | -7.3% |
| Amounts payable after more than one year | 17 | €25,192 | €19,152 | -€6,040 | -24.0% |
| Financial debts | 170/4 | €25,192 | €19,152 | -€6,040 | -24.0% |
| Amounts payable within one year | 42/48 | €15,254 | €18,325 | +€3,071 | +20.1% |
| Current portion of amounts payable after more than one year | 42 | €8,423 | €6,040 | -€2,383 | -28.3% |
| Trade debts | 44 | €30 | €324 | +€293 | +972.4% |
| Suppliers | 440/4 | €30 | €324 | +€293 | +972.4% |
| Taxes, remuneration and social security | 45 | €4,983 | €11,103 | +€6,120 | +122.8% |
| Taxes | 450/3 | €4,983 | €11,103 | +€6,120 | +122.8% |
| Other amounts payable | 47/48 | €1,818 | €859 | -€959 | -52.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,306 | €8,405 | +€7,099 | +543.5% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €37,200 | +€37,200 | |
| Other operating charges | 640/8 | - | €987 | +€987 | |
| Gross operating margin | 9900 | €42,357 | €45,392 | +€3,035 | +7.2% |
| Operating profit (loss) | 9901 | €41,051 | -€1,201 | -€42,251 | |
| Financial income | 75/76B | - | €9 | +€9 | |
| Recurring financial income | 75 | - | €9 | +€9 | |
| Financial charges | 65/66B | €404 | €1,322 | +€919 | +227.7% |
| Recurring financial charges | 65 | €404 | €1,322 | +€919 | +227.7% |
| Profit (loss) for the period before taxes | 9903 | €40,647 | -€2,514 | -€43,161 | |
| Income taxes | 67/77 | €8,998 | €8,323 | -€675 | -7.5% |
| Profit (loss) for the period | 9904 | €31,649 | -€10,837 | -€42,486 | |
| Profit (loss) for the period to be appropriated | 9905 | €31,649 | -€10,837 | -€42,486 |
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 28 September 2026 via checked.be.