GVPRENOV: what changed
GVPRENOV
Largest movements
- Tangible fixed assets +€25,760
new in 2024: €25,760
- Receivables within one year -€12,629
down €12,629 (-30.7%), from €41,080 to €28,451
of which Other amounts receivable: -€6,699
- Cash +€9,867
up €9,867 (+121%), from €8,137 to €18,004
mainly Debts after one year (+€25,550) and Receivables within one year (+€12,629)
- Debts after one year +€25,550
new in 2024: €25,550
- Trade debts -€19,576
down €19,576 (-75.4%), from €25,971 to €6,395
- Profit (loss) carried forward +€9,908
up €9,908 (+52.9%), from €18,742 to €28,650
- Current portion of long-term debt +€5,720
new in 2024: €5,720
- Tax, wage and social debts +€1,460
up €1,460 (+109%), from €1,342 to €2,802
- Turnover +€342,683
up €342,683 (+161%), from €213,342 to €556,025
- Purchases and services +€336,332
up €336,332 (+167%), from €201,087 to €537,419
- Depreciation +€6,440
new in 2024: €6,440
- Gross operating margin +€6,351
up €6,351 (+51.8%), from €12,255 to €18,606
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €49,217 | €72,215 | +€22,998 | +46.7% |
| Fixed assets | 21/28 | - | €25,760 | +€25,760 | |
| Tangible fixed assets | 22/27 | - | €25,760 | +€25,760 | |
| Leasing and similar rights | 25 | - | €25,760 | +€25,760 | |
| Current assets | 29/58 | €49,217 | €46,455 | -€2,762 | -5.6% |
| Amounts receivable within one year | 40/41 | €41,080 | €28,451 | -€12,629 | -30.7% |
| Trade receivables | 40 | €33,181 | €27,251 | -€5,930 | -17.9% |
| Other amounts receivable | 41 | €7,899 | €1,200 | -€6,699 | -84.8% |
| Cash at bank and in hand | 54/58 | €8,137 | €18,004 | +€9,867 | +121% |
| Total equity and liabilities | 10/49 | €49,217 | €72,215 | +€22,998 | +46.7% |
| Equity | 10/15 | €21,742 | €31,650 | +€9,908 | +45.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Capital | 10 | €3,000 | €3,000 | = | 0.0% |
| Issued capital | 100 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,742 | €28,650 | +€9,908 | +52.9% |
| Amounts payable | 17/49 | €27,475 | €40,565 | +€13,090 | +47.6% |
| Amounts payable after more than one year | 17 | - | €25,550 | +€25,550 | |
| Financial debts | 170/4 | - | €25,550 | +€25,550 | |
| Amounts payable within one year | 42/48 | €27,475 | €15,015 | -€12,460 | -45.4% |
| Current portion of amounts payable after more than one year | 42 | - | €5,720 | +€5,720 | |
| Trade debts | 44 | €25,971 | €6,395 | -€19,576 | -75.4% |
| Suppliers | 440/4 | €25,971 | €6,395 | -€19,576 | -75.4% |
| Taxes, remuneration and social security | 45 | €1,342 | €2,802 | +€1,460 | +109% |
| Taxes | 450/3 | €1,342 | €2,802 | +€1,460 | +109% |
| Other amounts payable | 47/48 | €162 | €98 | -€64 | -39.5% |
| Turnover | 70 | €213,342 | €556,025 | +€342,683 | +161% |
| Goods, raw materials, services and sundry goods | 60/61 | €201,087 | €537,419 | +€336,332 | +167% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €6,440 | +€6,440 | |
| Other operating charges | 640/8 | €658 | €1,737 | +€1,079 | +164% |
| Gross operating margin | 9900 | €12,255 | €18,606 | +€6,351 | +51.8% |
| Operating profit (loss) | 9901 | €11,597 | €10,429 | -€1,168 | -10.1% |
| Financial charges | 65/66B | €131 | €521 | +€390 | +298% |
| Recurring financial charges | 65 | €84 | €509 | +€425 | +506% |
| Non-recurring financial charges | 66B | €47 | €12 | -€35 | -74.5% |
| Profit (loss) for the period before taxes | 9903 | €11,466 | €9,908 | -€1,558 | -13.6% |
| Profit (loss) for the period | 9904 | €11,466 | €9,908 | -€1,558 | -13.6% |
| Profit (loss) for the period to be appropriated | 9905 | €11,466 | €9,908 | -€1,558 | -13.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.