11 GEBOD: 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.
11 GEBOD
Largest movements
- Tangible fixed assets -€243,940
no longer reported in 2025 (was €243,940)
of which Land and buildings: -€216,838
- Receivables after one year +€33,126
up €33,126 (+16.6%), from €199,000 to €232,126
- Stocks and contracts -€25,450
no longer reported in 2025 (was €25,450)
- Cash -€13,632
down €13,632 (-88.9%), from €15,336 to €1,704
mainly Tax, wage and social debts (-€236,923) and Receivables after one year (-€33,126)
- Receivables within one year -€13,049
down €13,049 (-7.1%), from €184,999 to €171,950
of which Trade receivables: -€56,262
- Tax, wage and social debts -€236,923
down €236,923 (-43.8%), from €541,245 to €304,321
of which Taxes: -€165,019
- Other debts -€19,632
down €19,632 (-48.7%), from €40,281 to €20,649
- Trade debts -€15,204
down €15,204 (-27.5%), from €55,305 to €40,101
- Gross operating margin -€743,820
down €743,820 (-50.8%), from €1.5m to €720,936
- Staff costs -€496,271
down €496,271 (-42.3%), from €1.2m to €678,243
- Taxes -€22,591
down €22,591, from €20,403 to -€2,188
- Financial charges +€18,445
up €18,445 (+260.1%), from €7,091 to €25,536
From the 2024 result to the 2025 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 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €672,633 | €405,780 | -€266,854 | -39.7% |
| Fixed assets | 21/28 | €243,940 | - | -€243,940 | |
| Tangible fixed assets | 22/27 | €243,940 | - | -€243,940 | |
| Land and buildings | 22 | €216,838 | - | -€216,838 | |
| Plant, machinery and equipment | 23 | €25,756 | - | -€25,756 | |
| Furniture and vehicles | 24 | €1,346 | - | -€1,346 | |
| Current assets | 29/58 | €428,694 | €405,780 | -€22,914 | -5.3% |
| Amounts receivable after more than one year | 29 | €199,000 | €232,126 | +€33,126 | +16.6% |
| Other amounts receivable | 291 | €199,000 | €232,126 | +€33,126 | +16.6% |
| Stocks and contracts in progress | 3 | €25,450 | - | -€25,450 | |
| Stocks | 30/36 | €25,450 | - | -€25,450 | |
| Amounts receivable within one year | 40/41 | €184,999 | €171,950 | -€13,049 | -7.1% |
| Trade receivables | 40 | €61,294 | €5,033 | -€56,262 | -91.8% |
| Other amounts receivable | 41 | €123,705 | €166,917 | +€43,212 | +34.9% |
| Cash at bank and in hand | 54/58 | €15,336 | €1,704 | -€13,632 | -88.9% |
| Deferred charges and accrued income | 490/1 | €3,909 | - | -€3,909 | |
| Total equity and liabilities | 10/49 | €672,633 | €405,780 | -€266,854 | -39.7% |
| Equity | 10/15 | €35,803 | €40,709 | +€4,906 | +13.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,803 | €20,709 | +€4,906 | +31.0% |
| Amounts payable | 17/49 | €636,830 | €365,071 | -€271,759 | -42.7% |
| Amounts payable within one year | 42/48 | €636,830 | €365,071 | -€271,759 | -42.7% |
| Trade debts | 44 | €55,305 | €40,101 | -€15,204 | -27.5% |
| Suppliers | 440/4 | €55,305 | €40,101 | -€15,204 | -27.5% |
| Taxes, remuneration and social security | 45 | €541,245 | €304,321 | -€236,923 | -43.8% |
| Taxes | 450/3 | €347,924 | €182,905 | -€165,019 | -47.4% |
| Remuneration and social security | 454/9 | €193,321 | €121,417 | -€71,904 | -37.2% |
| Other amounts payable | 47/48 | €40,281 | €20,649 | -€19,632 | -48.7% |
| Remuneration, social security and pensions | 62 | €1,174,514 | €678,243 | -€496,271 | -42.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,481 | €8,416 | -€3,065 | -26.7% |
| Other operating charges | 640/8 | €19,040 | €12,560 | -€6,480 | -34.0% |
| Gross operating margin | 9900 | €1,464,755 | €720,936 | -€743,820 | -50.8% |
| Operating profit (loss) | 9901 | €259,720 | €21,717 | -€238,004 | -91.6% |
| Financial income | 75/76B | €2,839 | €6,537 | +€3,698 | +130.3% |
| Recurring financial income | 75 | €2,839 | €6,537 | +€3,698 | +130.3% |
| Financial charges | 65/66B | €7,091 | €25,536 | +€18,445 | +260.1% |
| Recurring financial charges | 65 | €7,091 | €25,536 | +€18,445 | +260.1% |
| Profit (loss) for the period before taxes | 9903 | €255,468 | €2,718 | -€252,750 | -98.9% |
| Income taxes | 67/77 | €20,403 | -€2,188 | -€22,591 | |
| Profit (loss) for the period | 9904 | €235,065 | €4,906 | -€230,160 | -97.9% |
| Profit (loss) for the period to be appropriated | 9905 | €235,065 | €4,906 | -€230,160 | -97.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.