GVL & C°: 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.
GVL & C°
Largest movements
- Tangible fixed assets -€7,528
down €7,528 (-28.4%), from €26,515 to €18,987
of which Plant, machinery and equipment: -€6,267
- Receivables within one year -€819
down €819 (-38.9%), from €2,106 to €1,287
of which Other amounts receivable: -€819
- Cash +€468
up €468 (+152%), from €308 to €776
mainly Depreciation (+€7,528) and Trade debts (+€1,566)
- Profit (loss) carried forward -€11,903
down €11,903 (-31.3%), from -€38,027 to -€49,930
- Trade debts +€1,566
up €1,566 (+14.3%), from €10,963 to €12,529
- Current portion of long-term debt +€1,542
up €1,542 (+47.2%), from €3,263 to €4,805
- Other debts +€835
new in 2024: €835
- Gross operating margin +€1,526
up €1,526 (+38.4%), from -€3,974 to -€2,449
- Financial charges +€409
up €409 (+36.0%), from €1,134 to €1,542
- Depreciation -€53
down €53 (-0.7%), from €7,580 to €7,528
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.
Derived cash bridge
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 | €37,483 | €29,604 | -€7,879 | -21.0% |
| Fixed assets | 21/28 | €26,515 | €18,987 | -€7,528 | -28.4% |
| Tangible fixed assets | 22/27 | €26,515 | €18,987 | -€7,528 | -28.4% |
| Land and buildings | 22 | €12,867 | €11,606 | -€1,261 | -9.8% |
| Plant, machinery and equipment | 23 | €13,648 | €7,381 | -€6,267 | -45.9% |
| Current assets | 29/58 | €10,969 | €10,617 | -€352 | -3.2% |
| Amounts receivable after more than one year | 29 | €8,554 | €8,554 | = | 0.0% |
| Other amounts receivable | 291 | €8,554 | €8,554 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €2,106 | €1,287 | -€819 | -38.9% |
| Trade receivables | 40 | €308 | €308 | = | 0.0% |
| Other amounts receivable | 41 | €1,799 | €979 | -€819 | -45.6% |
| Cash at bank and in hand | 54/58 | €308 | €776 | +€468 | +152% |
| Total equity and liabilities | 10/49 | €37,483 | €29,604 | -€7,879 | -21.0% |
| Equity | 10/15 | -€25,627 | -€37,530 | -€11,903 | -46.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€38,027 | -€49,930 | -€11,903 | -31.3% |
| Amounts payable | 17/49 | €63,111 | €67,135 | +€4,024 | +6.4% |
| Amounts payable after more than one year | 17 | €48,780 | €48,921 | +€140 | +0.3% |
| Financial debts | 170/4 | €18,338 | €18,479 | +€140 | +0.8% |
| Other amounts payable | 178/9 | €30,442 | €30,442 | = | 0.0% |
| Amounts payable within one year | 42/48 | €14,330 | €18,214 | +€3,884 | +27.1% |
| Current portion of amounts payable after more than one year | 42 | €3,263 | €4,805 | +€1,542 | +47.2% |
| Trade debts | 44 | €10,963 | €12,529 | +€1,566 | +14.3% |
| Suppliers | 440/4 | €10,963 | €12,529 | +€1,566 | +14.3% |
| Taxes, remuneration and social security | 45 | €104 | €45 | -€60 | -57.1% |
| Taxes | 450/3 | €104 | €45 | -€60 | -57.1% |
| Other amounts payable | 47/48 | - | €835 | +€835 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,580 | €7,528 | -€53 | -0.7% |
| Other operating charges | 640/8 | €348 | €384 | +€37 | +10.6% |
| Gross operating margin | 9900 | -€3,974 | -€2,449 | +€1,526 | +38.4% |
| Operating profit (loss) | 9901 | -€11,902 | -€10,361 | +€1,542 | +13.0% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €1,134 | €1,542 | +€409 | +36.0% |
| Recurring financial charges | 65 | €1,134 | €1,542 | +€409 | +36.0% |
| Profit (loss) for the period before taxes | 9903 | -€13,036 | -€11,903 | +€1,133 | +8.7% |
| Profit (loss) for the period | 9904 | -€13,036 | -€11,903 | +€1,133 | +8.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,036 | -€11,903 | +€1,133 | +8.7% |
Source: filed annual accounts (NBB), financial years ended 31 August 2023 and 31 August 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.