GYNEPSY: 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.
GYNEPSY
Largest movements
- Cash +€21,697
up €21,697 (+10.4%), from €209,479 to €231,176
mainly Net result for the year (+€104,782) and Depreciation (+€9,107)
- Tangible fixed assets -€9,107
down €9,107 (-9.1%), from €100,469 to €91,362
- Receivables within one year -€5,049
down €5,049 (-10.6%), from €47,482 to €42,434
- Profit (loss) carried forward +€4,782
up €4,782 (+1.8%), from €272,866 to €277,647
- Gross operating margin -€5,367
down €5,367 (-4.4%), from €122,832 to €117,465
- Depreciation +€3,031
up €3,031 (+49.9%), from €6,076 to €9,107
- Taxes +€1,839
up €1,839 (+85.1%), from €2,161 to €4,000
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 | €413,013 | €420,078 | +€7,065 | +1.7% |
| Fixed assets | 21/28 | €100,469 | €91,362 | -€9,107 | -9.1% |
| Tangible fixed assets | 22/27 | €100,469 | €91,362 | -€9,107 | -9.1% |
| Land and buildings | 22 | €85,618 | €81,341 | -€4,277 | -5.0% |
| Plant, machinery and equipment | 23 | €11,166 | €7,135 | -€4,031 | -36.1% |
| Furniture and vehicles | 24 | €3,685 | €2,887 | -€799 | -21.7% |
| Current assets | 29/58 | €312,544 | €328,716 | +€16,172 | +5.2% |
| Amounts receivable within one year | 40/41 | €47,482 | €42,434 | -€5,049 | -10.6% |
| Other amounts receivable | 41 | €47,482 | €42,434 | -€5,049 | -10.6% |
| Current investments | 50/53 | €55,106 | €55,106 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €209,479 | €231,176 | +€21,697 | +10.4% |
| Deferred charges and accrued income | 490/1 | €477 | - | -€477 | |
| Total equity and liabilities | 10/49 | €413,013 | €420,078 | +€7,065 | +1.7% |
| Equity | 10/15 | €411,426 | €416,207 | +€4,782 | +1.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €132,360 | €132,360 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €130,500 | €130,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €272,866 | €277,647 | +€4,782 | +1.8% |
| Amounts payable | 17/49 | €1,587 | €3,871 | +€2,283 | +144% |
| Amounts payable within one year | 42/48 | €1,587 | €3,871 | +€2,283 | +144% |
| Trade debts | 44 | €1,586 | €3,871 | +€2,285 | +144% |
| Suppliers | 440/4 | €1,586 | €3,871 | +€2,285 | +144% |
| Other amounts payable | 47/48 | €2 | - | -€2 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,076 | €9,107 | +€3,031 | +49.9% |
| Other operating charges | 640/8 | €670 | €682 | +€13 | +1.9% |
| Gross operating margin | 9900 | €122,832 | €117,465 | -€5,367 | -4.4% |
| Operating profit (loss) | 9901 | €116,087 | €107,675 | -€8,411 | -7.2% |
| Financial income | 75/76B | €398 | €1,205 | +€806 | +202% |
| Recurring financial income | 75 | €398 | €1,205 | +€806 | +202% |
| Financial charges | 65/66B | €343 | €98 | -€245 | -71.4% |
| Recurring financial charges | 65 | €343 | €98 | -€245 | -71.4% |
| Profit (loss) for the period before taxes | 9903 | €116,142 | €108,782 | -€7,360 | -6.3% |
| Income taxes | 67/77 | €2,161 | €4,000 | +€1,839 | +85.1% |
| Profit (loss) for the period | 9904 | €113,981 | €104,782 | -€9,199 | -8.1% |
| Profit (loss) for the period to be appropriated | 9905 | €113,981 | €104,782 | -€9,199 | -8.1% |
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 21 October 2026 via checked.be.