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GTJ OIKOS: 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.

What changed

GTJ OIKOS

BE 0806.617.455
NACE 41.001, General construction of residential buildings
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€7,417
2023 · -€4,614-€2,802
Equity
€28,162
2023 · €35,579-€7,417
Cash
€12,020
2023 · €29,843-€17,823
Balance sheet total
€285,976
2023 · €327,350-€41,374

Largest movements

2023 to 2024
Assets
  • Tangible fixed assets -€20,270

    down €20,270 (-8.6%), from €235,501 to €215,231

  • Cash -€17,823

    down €17,823 (-59.7%), from €29,843 to €12,020

    mainly Debts after one year (-€19,904) and Net result for the year (-€7,417)

  • Deferred charges and accrued income -€7,261

    down €7,261 (-94.9%), from €7,653 to €392

  • Receivables within one year +€4,840

    up €4,840 (+33.5%), from €14,429 to €19,270

    of which Trade receivables: +€4,840

Equity and liabilities
  • Debts after one year -€19,904

    down €19,904 (-17.0%), from €117,053 to €97,149

  • Profit (loss) carried forward -€7,417

    down €7,417 (-91.8%), from €8,079 to €662

  • Trade debts -€6,211

    down €6,211 (-25.6%), from €24,289 to €18,079

  • Other debts -€4,677

    down €4,677 (-4.1%), from €112,811 to €108,134

  • Accrued charges and deferred income -€3,341

    down €3,341 (-64.5%), from €5,180 to €1,839

Income statement
  • Gross operating margin -€7,235

    down €7,235 (-26.2%), from €27,658 to €20,422

  • Financial charges -€3,144

    down €3,144 (-49.1%), from €6,398 to €3,254

  • Staff costs -€1,822

    down €1,822 (-100.0%), from €1,822 to €0

  • Depreciation +€901

    up €901 (+3.9%), from €22,965 to €23,866

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 -€4,614
Gross operating margin -€7,235
Staff costs +€1,822
Depreciation -€901
Other operating charges +€265
Financial income +€103
Financial charges +€3,144
Result 2024 -€7,417

Cash bridge derived

cash 2023 to 2024

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.

From operations +€4,430
Investment -€3,596
Financing -€18,657
Cash 2023 €29,843
Net result for the year -€7,417
Depreciation +€23,866
Stocks and contracts +€860
Receivables within one year -€4,840
Deferred charges and accrued income +€7,261
Trade debts -€6,211
Tax, wage and social debts -€1,071
Other debts -€4,677
Accrued charges and deferred income -€3,341
Investment in fixed assets (net) -€3,596
Debts after one year -€19,904
Current portion of long-term debt +€1,247
Cash 2024 €12,020
Every line side by side 49 lines
Line Code 2023 2024 Change %
Total assets 20/58 €327,350 €285,976 -€41,374 -12.6%
Fixed assets 21/28 €235,501 €215,231 -€20,270 -8.6%
Tangible fixed assets 22/27 €235,501 €215,231 -€20,270 -8.6%
Land and buildings 22 €167,264 €162,830 -€4,434 -2.7%
Plant, machinery and equipment 23 €24,449 €20,749 -€3,701 -15.1%
Furniture and vehicles 24 €11,856 €8,721 -€3,135 -26.4%
Leasing and similar rights 25 €31,932 €22,932 -€9,000 -28.2%
Current assets 29/58 €91,848 €70,745 -€21,103 -23.0%
Stocks and contracts in progress 3 €39,924 €39,064 -€860 -2.2%
Stocks 30/36 €31,924 €31,064 -€860 -2.7%
Contracts in progress 37 €8,000 €8,000 = 0.0%
Amounts receivable within one year 40/41 €14,429 €19,270 +€4,840 +33.5%
Trade receivables 40 €14,429 €19,270 +€4,840 +33.5%
Other amounts receivable 41 €0 - =
Cash at bank and in hand 54/58 €29,843 €12,020 -€17,823 -59.7%
Deferred charges and accrued income 490/1 €7,653 €392 -€7,261 -94.9%
Total equity and liabilities 10/49 €327,350 €285,976 -€41,374 -12.6%
Equity 10/15 €35,579 €28,162 -€7,417 -20.8%
Contributions 10/11 €25,000 €25,000 = 0.0%
Reserves 13 €2,500 €2,500 = 0.0%
Non-distributable reserves 130/1 €2,500 €2,500 = 0.0%
Reserves not available under the articles 1311 €2,500 €2,500 = 0.0%
Profit (loss) carried forward 14 €8,079 €662 -€7,417 -91.8%
Amounts payable 17/49 €291,771 €257,814 -€33,957 -11.6%
Amounts payable after more than one year 17 €117,053 €97,149 -€19,904 -17.0%
Financial debts 170/4 €117,053 €97,149 -€19,904 -17.0%
Amounts payable within one year 42/48 €169,539 €158,826 -€10,713 -6.3%
Current portion of amounts payable after more than one year 42 €18,657 €19,904 +€1,247 +6.7%
Trade debts 44 €24,289 €18,079 -€6,211 -25.6%
Suppliers 440/4 €24,289 €18,079 -€6,211 -25.6%
Advances received on contracts in progress 46 €9,680 €9,680 = 0.0%
Taxes, remuneration and social security 45 €4,102 €3,030 -€1,071 -26.1%
Taxes 450/3 €4,102 €3,030 -€1,071 -26.1%
Other amounts payable 47/48 €112,811 €108,134 -€4,677 -4.1%
Accrued charges and deferred income 492/3 €5,180 €1,839 -€3,341 -64.5%
Non-recurring operating income 76A €0 - =
Remuneration, social security and pensions 62 €1,822 €0 -€1,822 -100.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €22,965 €23,866 +€901 +3.9%
Other operating charges 640/8 €1,096 €831 -€265 -24.2%
Gross operating margin 9900 €27,658 €20,422 -€7,235 -26.2%
Operating profit (loss) 9901 €1,774 -€4,275 -€6,049
Financial income 75/76B €9 €112 +€103 +1087.7%
Recurring financial income 75 €9 €112 +€103 +1087.7%
Financial charges 65/66B €6,398 €3,254 -€3,144 -49.1%
Recurring financial charges 65 €6,398 €3,254 -€3,144 -49.1%
Profit (loss) for the period before taxes 9903 -€4,614 -€7,417 -€2,802 -60.7%
Income taxes 67/77 €0 - =
Profit (loss) for the period 9904 -€4,614 -€7,417 -€2,802 -60.7%
Profit (loss) for the period to be appropriated 9905 -€4,614 -€7,417 -€2,802 -60.7%

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 29 September 2026 via checked.be.