GT: 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.
GT
Largest movements
- Financial fixed assets +€58,103
up €58,103 (+3.2%), from €1.8m to €1.9m
- Current assets +€19,678
up €19,678 (+164.0%), from €11,996 to €31,674
of which Cash: +€19,681
- Debts within one year +€40,001
up €40,001 (+4.8%), from €833,350 to €873,352
- Profit (loss) carried forward +€37,796
up €37,796 (+4.3%), from €876,696 to €914,492
- Gross operating margin -€3,407
down €3,407 (-26.1%), from -€13,051 to -€16,458
- Taxes -€2,521
no longer reported in 2012 (was €2,521)
From the 2011 result to the 2012 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2011 | 2012 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,824,473 | €1,902,254 | +€77,781 | +4.3% |
| Fixed assets | 21/28 | €1,812,478 | €1,870,580 | +€58,103 | +3.2% |
| Financial fixed assets | 28 | €1,812,478 | €1,870,580 | +€58,103 | +3.2% |
| Current assets | 29/58 | €11,996 | €31,674 | +€19,678 | +164.0% |
| Amounts receivable within one year | 40/41 | €6 | €7 | +€2 | +29.5% |
| Cash at bank and in hand | 54/58 | €11,958 | €31,639 | +€19,681 | +164.6% |
| Total equity and liabilities | 10/49 | €1,824,473 | €1,902,254 | +€77,781 | +4.3% |
| Equity | 10/15 | €991,096 | €1,028,892 | +€37,796 | +3.8% |
| Contributions | 10/11 | €104,000 | €104,000 | = | 0.0% |
| Reserves | 13 | €10,400 | €10,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €876,696 | €914,492 | +€37,796 | +4.3% |
| Amounts payable | 17/49 | €833,377 | €873,362 | +€39,985 | +4.8% |
| Amounts payable within one year | 42/48 | €833,350 | €873,352 | +€40,001 | +4.8% |
| Trade debts | 44 | €149 | €2,331 | +€2,182 | +1469.1% |
| Gross operating margin | 9900 | -€13,051 | -€16,458 | -€3,407 | -26.1% |
| Operating profit (loss) | 9901 | -€14,055 | -€17,480 | -€3,426 | -24.4% |
| Recurring financial income | 75 | €47,891 | €58,137 | +€10,246 | +21.4% |
| Recurring financial charges | 65 | €4,137 | €2,861 | -€1,276 | -30.8% |
| Profit (loss) for the period before taxes | 9903 | €29,700 | €37,796 | +€8,096 | +27.3% |
| Income taxes | 67/77 | €2,521 | - | -€2,521 | |
| Profit (loss) for the period | 9904 | €27,179 | €37,796 | +€10,617 | +39.1% |
| Profit (loss) for the period to be appropriated | 9905 | €27,179 | €37,796 | +€10,617 | +39.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2011 and 31 December 2012. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.