G.B.I.: 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.
G.B.I.
Largest movements
- Tangible fixed assets -€6,778
down €6,778 (-10.2%), from €66,510 to €59,732
- Cash +€4,076
up €4,076 (+42.0%), from €9,700 to €13,776
- Receivables within one year -€2,829
down €2,829 (-97.6%), from €2,899 to €70
of which Trade receivables: -€2,222
- Profit (loss) carried forward -€7,451
down €7,451 (-36.1%), from €20,626 to €13,175
- Other debts +€1,925
up €1,925 (+6.8%), from €28,357 to €30,282
- Other operating charges +€3,449
up €3,449 (+245%), from €1,408 to €4,858
- Gross operating margin +€1,183
up €1,183 (+43.4%), from €2,724 to €3,907
- Taxes -€607
no longer reported in 2026 (was €607)
- Depreciation -€479
down €479 (-13.0%), from €3,698 to €3,219
From the 2024 result to the 2026 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2024 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €79,110 | €73,578 | -€5,532 | -7.0% |
| Fixed assets | 21/28 | €66,510 | €59,732 | -€6,778 | -10.2% |
| Tangible fixed assets | 22/27 | €66,510 | €59,732 | -€6,778 | -10.2% |
| Land and buildings | 22 | €66,510 | €59,732 | -€6,778 | -10.2% |
| Current assets | 29/58 | €12,599 | €13,846 | +€1,247 | +9.9% |
| Amounts receivable within one year | 40/41 | €2,899 | €70 | -€2,829 | -97.6% |
| Trade receivables | 40 | €2,222 | - | -€2,222 | |
| Other amounts receivable | 41 | €677 | €70 | -€607 | -89.7% |
| Cash at bank and in hand | 54/58 | €9,700 | €13,776 | +€4,076 | +42.0% |
| Total equity and liabilities | 10/49 | €79,110 | €73,578 | -€5,532 | -7.0% |
| Equity | 10/15 | €50,326 | €42,875 | -€7,451 | -14.8% |
| Contributions | 10/11 | €27,000 | €27,000 | = | 0.0% |
| Capital | 10 | €27,000 | €27,000 | = | 0.0% |
| Issued capital | 100 | €27,000 | €27,000 | = | 0.0% |
| Reserves | 13 | €2,700 | €2,700 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,700 | €2,700 | = | 0.0% |
| Legal reserve | 130 | €2,700 | €2,700 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,626 | €13,175 | -€7,451 | -36.1% |
| Amounts payable | 17/49 | €28,783 | €30,702 | +€1,919 | +6.7% |
| Amounts payable within one year | 42/48 | €28,783 | €30,702 | +€1,919 | +6.7% |
| Trade debts | 44 | €6 | - | -€6 | |
| Suppliers | 440/4 | €6 | - | -€6 | |
| Taxes, remuneration and social security | 45 | €420 | €420 | = | 0.0% |
| Taxes | 450/3 | €420 | €420 | = | 0.0% |
| Other amounts payable | 47/48 | €28,357 | €30,282 | +€1,925 | +6.8% |
| Non-recurring operating income | 76A | - | €20 | +€20 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,698 | €3,219 | -€479 | -13.0% |
| Other operating charges | 640/8 | €1,408 | €4,858 | +€3,449 | +245% |
| Gross operating margin | 9900 | €2,724 | €3,907 | +€1,183 | +43.4% |
| Operating profit (loss) | 9901 | -€2,383 | -€4,170 | -€1,787 | -75.0% |
| Financial charges | 65/66B | €1,509 | €1,537 | +€28 | +1.9% |
| Recurring financial charges | 65 | €1,509 | €1,537 | +€28 | +1.9% |
| Profit (loss) for the period before taxes | 9903 | -€3,892 | -€5,708 | -€1,816 | -46.6% |
| Income taxes | 67/77 | €607 | - | -€607 | |
| Profit (loss) for the period | 9904 | -€4,499 | -€5,708 | -€1,209 | -26.9% |
| Transfer from tax-exempt reserves | 789 | €1,058 | - | -€1,058 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,441 | -€5,708 | -€2,267 | -65.9% |
Source: filed annual accounts (NBB), financial years ended 30 April 2024 and 30 April 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.