GSN INTERNATIONAL: what changed
What changed
GSN INTERNATIONAL
NACE 46.150, Agents in the wholesale of furniture, household goods and hardware
filed annual accounts (NBB)
Net result for the year
€156
2020 · -€36+€193
Equity
€17,734
2020 · €17,577+€156
Cash
€12,802
2020 · €25,604-€12,802
Balance sheet total
€41,251
2020 · €49,777-€8,526
Largest movements
Assets
- Current assets -€8,526
down €8,526 (-17.1%), from €49,777 to €41,251
of which Cash: -€12,802
Equity and liabilities
- Debts -€8,682
down €8,682 (-27.0%), from €32,199 to €23,517
of which Debts within one year: -€7,954
Income statement
- Financial charges +€755
new in 2021: €755
- Other operating charges +€458
new in 2021: €458
- Gross operating margin +€209
up €209 (+17.3%), from €1,212 to €1,421
- Taxes -€20
down €20 (-27.8%), from €72 to €52
Change in the result, 2020 to 2021
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2020
-€36
Gross operating margin
+€209
Other operating charges
-€458
Other operating items
+€456
Financial charges
-€755
Other financial items
+€720
Taxes
+€20
Result 2021
€156
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts. So the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €49,777 | €41,251 | -€8,526 | -17.1% |
| Current assets | 29/58 | €49,777 | €41,251 | -€8,526 | -17.1% |
| Stocks and contracts in progress | 3 | €16,202 | €16,827 | +€625 | +3.9% |
| Stocks | 30/36 | - | €16,827 | +€16,827 | |
| Amounts receivable within one year | 40/41 | €7,856 | €11,534 | +€3,679 | +46.8% |
| Trade receivables | 40 | - | €11,229 | +€11,229 | |
| Other amounts receivable | 41 | - | €305 | +€305 | |
| Cash at bank and in hand | 54/58 | €25,604 | €12,802 | -€12,802 | -50.0% |
| Deferred charges and accrued income | 490/1 | - | €87 | +€87 | |
| Total equity and liabilities | 10/49 | €49,777 | €41,251 | -€8,526 | -17.1% |
| Equity | 10/15 | €17,577 | €17,734 | +€156 | +0.9% |
| Contributions | 10/11 | €14,874 | €14,874 | = | 0.0% |
| Contributions outside capital | 11 | - | €14,874 | +€14,874 | |
| Other | 1109/19 | - | €14,874 | +€14,874 | |
| Reserves | 13 | €230 | €230 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €230 | +€230 | |
| Reserves not available under the articles | 1311 | - | €230 | +€230 | |
| Profit (loss) carried forward | 14 | €2,474 | €2,630 | +€156 | +6.3% |
| Amounts payable | 17/49 | €32,199 | €23,517 | -€8,682 | -27.0% |
| Amounts payable within one year | 42/48 | €30,767 | €22,813 | -€7,954 | -25.9% |
| Trade debts | 44 | €2,244 | €1,394 | -€849 | -37.8% |
| Suppliers | 440/4 | - | €1,394 | +€1,394 | |
| Other amounts payable | 47/48 | - | €21,418 | +€21,418 | |
| Accrued charges and deferred income | 492/3 | - | €704 | +€704 | |
| Other operating charges | 640/8 | - | €458 | +€458 | |
| Gross operating margin | 9900 | €1,212 | €1,421 | +€209 | +17.3% |
| Operating profit (loss) | 9901 | €756 | €963 | +€207 | +27.5% |
| Financial charges | 65/66B | - | €755 | +€755 | |
| Recurring financial charges | 65 | €720 | €755 | +€35 | +4.8% |
| Profit (loss) for the period before taxes | 9903 | €36 | €208 | +€173 | +482% |
| Income taxes | 67/77 | €72 | €52 | -€20 | -27.8% |
| Profit (loss) for the period | 9904 | -€36 | €156 | +€193 | |
| Profit (loss) for the period to be appropriated | 9905 | -€36 | €156 | +€193 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2020 and 30 September 2021. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.