GTRCLEAN: what changed
Two financial 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.
GTRCLEAN
Largest movements
- Receivables within one year +€11,217
up €11,217 (+4.5%), from €248,969 to €260,186
of which Trade receivables: +€6,553
- Tangible fixed assets -€5,486
down €5,486 (-16.9%), from €32,428 to €26,942
of which Furniture and vehicles: -€6,163
- Cash -€5,303
down €5,303 (-63.1%), from €8,400 to €3,097
mainly Net result for the year (-€22,294) and Receivables within one year (-€11,217)
- Profit (loss) carried forward -€22,294
down €22,294 (-13.5%), from €164,907 to €142,613
- Trade debts +€20,241
up €20,241 (+17.3%), from €116,948 to €137,189
- Taxes -€29,766
down €29,766 (-97.8%), from €30,432 to €666
- Staff costs +€24,688
up €24,688 (+95.3%), from €25,908 to €50,596
- Gross operating margin +€10,259
up €10,259 (+36.3%), from €28,245 to €38,505
- Other operating charges +€582
up €582 (+41.8%), from €1,392 to €1,973
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 | €289,915 | €290,343 | +€428 | +0.1% |
| Fixed assets | 21/28 | €32,546 | €27,060 | -€5,486 | -16.9% |
| Tangible fixed assets | 22/27 | €32,428 | €26,942 | -€5,486 | -16.9% |
| Plant, machinery and equipment | 23 | €4,766 | €5,443 | +€677 | +14.2% |
| Furniture and vehicles | 24 | €27,663 | €21,499 | -€6,163 | -22.3% |
| Financial fixed assets | 28 | €118 | €118 | = | 0.0% |
| Current assets | 29/58 | €257,369 | €263,283 | +€5,914 | +2.3% |
| Amounts receivable within one year | 40/41 | €248,969 | €260,186 | +€11,217 | +4.5% |
| Trade receivables | 40 | €214,027 | €220,580 | +€6,553 | +3.1% |
| Other amounts receivable | 41 | €34,942 | €39,607 | +€4,664 | +13.3% |
| Cash at bank and in hand | 54/58 | €8,400 | €3,097 | -€5,303 | -63.1% |
| Total equity and liabilities | 10/49 | €289,915 | €290,343 | +€428 | +0.1% |
| Equity | 10/15 | €172,967 | €150,673 | -€22,294 | -12.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | - | €6,200 | +€6,200 | |
| Issued capital | 100 | - | €6,200 | +€6,200 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €164,907 | €142,613 | -€22,294 | -13.5% |
| Amounts payable | 17/49 | €116,948 | €139,670 | +€22,722 | +19.4% |
| Amounts payable within one year | 42/48 | €116,948 | €139,670 | +€22,722 | +19.4% |
| Trade debts | 44 | €116,948 | €137,189 | +€20,241 | +17.3% |
| Suppliers | 440/4 | €116,948 | €137,189 | +€20,241 | +17.3% |
| Taxes, remuneration and social security | 45 | - | €2,481 | +€2,481 | |
| Taxes | 450/3 | - | €2,481 | +€2,481 | |
| Remuneration, social security and pensions | 62 | €25,908 | €50,596 | +€24,688 | +95.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,400 | €7,400 | = | 0.0% |
| Other operating charges | 640/8 | €1,392 | €1,973 | +€582 | +41.8% |
| Gross operating margin | 9900 | €28,245 | €38,505 | +€10,259 | +36.3% |
| Operating profit (loss) | 9901 | -€6,454 | -€21,464 | -€15,010 | -232.6% |
| Financial charges | 65/66B | €63 | €164 | +€102 | +162.5% |
| Recurring financial charges | 65 | €63 | €164 | +€102 | +162.5% |
| Profit (loss) for the period before taxes | 9903 | -€6,517 | -€21,629 | -€15,112 | -231.9% |
| Income taxes | 67/77 | €30,432 | €666 | -€29,766 | -97.8% |
| Profit (loss) for the period | 9904 | -€36,948 | -€22,294 | +€14,654 | +39.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€36,948 | -€22,294 | +€14,654 | +39.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.