JG: 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.
JG
Largest movements
- Receivables within one year +€28,984
up €28,984 (+409.7%), from €7,075 to €36,059
of which Trade receivables: +€28,498
- Tangible fixed assets +€6,760
up €6,760 (+30.9%), from €21,907 to €28,668
of which Furniture and vehicles: +€13,080
- Reserves +€33,934
up €33,934 (+37.3%), from €91,053 to €124,988
of which Distributable reserves: +€33,934
- Trade debts +€4,214
up €4,214 (+62.4%), from €6,747 to €10,961
- Tax, wage and social debts -€1,884
down €1,884 (-11.7%), from €16,162 to €14,278
of which Taxes: -€1,424
- Gross operating margin +€24,978
up €24,978 (+14.3%), from €174,960 to €199,938
- Staff costs +€12,011
up €12,011 (+8.7%), from €138,231 to €150,242
- Depreciation +€2,494
up €2,494 (+29.8%), from €8,368 to €10,862
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 | €134,021 | €168,827 | +€34,805 | +26.0% |
| Fixed assets | 21/28 | €21,907 | €28,668 | +€6,760 | +30.9% |
| Tangible fixed assets | 22/27 | €21,907 | €28,668 | +€6,760 | +30.9% |
| Plant, machinery and equipment | 23 | €21,907 | €15,588 | -€6,320 | -28.8% |
| Furniture and vehicles | 24 | - | €13,080 | +€13,080 | |
| Current assets | 29/58 | €112,114 | €140,159 | +€28,045 | +25.0% |
| Stocks and contracts in progress | 3 | €6,414 | €6,727 | +€313 | +4.9% |
| Stocks | 30/36 | €6,414 | €6,727 | +€313 | +4.9% |
| Amounts receivable within one year | 40/41 | €7,075 | €36,059 | +€28,984 | +409.7% |
| Trade receivables | 40 | €7,075 | €35,573 | +€28,498 | +402.8% |
| Other amounts receivable | 41 | - | €486 | +€486 | |
| Cash at bank and in hand | 54/58 | €98,625 | €97,373 | -€1,252 | -1.3% |
| Total equity and liabilities | 10/49 | €134,021 | €168,827 | +€34,805 | +26.0% |
| Equity | 10/15 | €109,653 | €143,588 | +€33,934 | +30.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €91,053 | €124,988 | +€33,934 | +37.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €89,193 | €123,128 | +€33,934 | +38.0% |
| Amounts payable | 17/49 | €24,368 | €25,239 | +€871 | +3.6% |
| Amounts payable within one year | 42/48 | €24,368 | €25,239 | +€871 | +3.6% |
| Trade debts | 44 | €6,747 | €10,961 | +€4,214 | +62.4% |
| Suppliers | 440/4 | €6,747 | €10,961 | +€4,214 | +62.4% |
| Taxes, remuneration and social security | 45 | €16,162 | €14,278 | -€1,884 | -11.7% |
| Taxes | 450/3 | €2,056 | €632 | -€1,424 | -69.3% |
| Remuneration and social security | 454/9 | €14,106 | €13,646 | -€460 | -3.3% |
| Other amounts payable | 47/48 | €1,459 | - | -€1,459 | |
| Remuneration, social security and pensions | 62 | €138,231 | €150,242 | +€12,011 | +8.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,368 | €10,862 | +€2,494 | +29.8% |
| Other operating charges | 640/8 | €1,524 | €1,773 | +€248 | +16.3% |
| Gross operating margin | 9900 | €174,960 | €199,938 | +€24,978 | +14.3% |
| Operating profit (loss) | 9901 | €26,837 | €37,061 | +€10,225 | +38.1% |
| Financial income | 75/76B | €367 | €969 | +€602 | +163.8% |
| Recurring financial income | 75 | €367 | €969 | +€602 | +163.8% |
| Financial charges | 65/66B | €2,383 | €2,854 | +€471 | +19.8% |
| Recurring financial charges | 65 | €2,383 | €2,854 | +€471 | +19.8% |
| Profit (loss) for the period before taxes | 9903 | €24,820 | €35,176 | +€10,355 | +41.7% |
| Income taxes | 67/77 | €1,158 | €1,241 | +€83 | +7.2% |
| Profit (loss) for the period | 9904 | €23,662 | €33,934 | +€10,272 | +43.4% |
| Profit (loss) for the period to be appropriated | 9905 | €23,662 | €33,934 | +€10,272 | +43.4% |
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 30 September 2026 via checked.be.