G.B.O.M.: 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.O.M.
Largest movements
- Receivables within one year -€91,564
down €91,564 (-73.6%), from €124,347 to €32,783
of which Trade receivables: -€76,512
- Deferred charges and accrued income +€33,599
new in 2025: €33,599
- Tangible fixed assets -€17,604
down €17,604 (-19.9%), from €88,503 to €70,899
of which Leasing and similar rights: -€13,336
- Cash -€15,657
down €15,657 (-24.4%), from €64,045 to €48,388
mainly Trade debts (-€84,544) and Deferred charges and accrued income (-€33,599)
- Trade debts -€84,544
down €84,544 (-71.4%), from €118,438 to €33,894
- Debts after one year -€8,037
down €8,037 (-17.6%), from €45,753 to €37,716
- Profit (loss) carried forward -€7,754
down €7,754 (-11.9%), from €64,946 to €57,192
- Tax, wage and social debts +€6,685
up €6,685 (+33.3%), from €20,083 to €26,769
of which Remuneration and social security: +€5,659
- Staff costs +€48,834
up €48,834 (+90.1%), from €54,189 to €103,023
- Gross operating margin +€35,316
up €35,316 (+30.2%), from €116,792 to €152,108
- Taxes -€6,025
down €6,025 (-56.6%), from €10,653 to €4,628
- Depreciation +€2,791
up €2,791 (+13.3%), from €20,962 to €23,752
- Other operating charges +€1,785
up €1,785 (+73.0%), from €2,446 to €4,232
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.
Derived cash bridge
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 | €284,895 | €193,668 | -€91,227 | -32.0% |
| Fixed assets | 21/28 | €88,503 | €70,899 | -€17,604 | -19.9% |
| Tangible fixed assets | 22/27 | €88,503 | €70,899 | -€17,604 | -19.9% |
| Plant, machinery and equipment | 23 | €7,941 | €8,707 | +€766 | +9.7% |
| Furniture and vehicles | 24 | €17,406 | €12,371 | -€5,035 | -28.9% |
| Leasing and similar rights | 25 | €63,156 | €49,820 | -€13,336 | -21.1% |
| Current assets | 29/58 | €196,392 | €122,769 | -€73,623 | -37.5% |
| Stocks and contracts in progress | 3 | €8,000 | €8,000 | = | 0.0% |
| Stocks | 30/36 | €8,000 | €8,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €124,347 | €32,783 | -€91,564 | -73.6% |
| Trade receivables | 40 | €76,512 | - | -€76,512 | |
| Other amounts receivable | 41 | €47,834 | €32,783 | -€15,052 | -31.5% |
| Cash at bank and in hand | 54/58 | €64,045 | €48,388 | -€15,657 | -24.4% |
| Deferred charges and accrued income | 490/1 | - | €33,599 | +€33,599 | |
| Total equity and liabilities | 10/49 | €284,895 | €193,668 | -€91,227 | -32.0% |
| Equity | 10/15 | €73,006 | €65,252 | -€7,754 | -10.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | - | -€6,200 | |
| Other | 1109/19 | €6,200 | - | -€6,200 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €64,946 | €57,192 | -€7,754 | -11.9% |
| Amounts payable | 17/49 | €211,890 | €128,416 | -€83,473 | -39.4% |
| Amounts payable after more than one year | 17 | €45,753 | €37,716 | -€8,037 | -17.6% |
| Financial debts | 170/4 | €45,753 | €37,716 | -€8,037 | -17.6% |
| Amounts payable within one year | 42/48 | €166,136 | €90,700 | -€75,436 | -45.4% |
| Current portion of amounts payable after more than one year | 42 | €7,615 | €8,037 | +€422 | +5.5% |
| Trade debts | 44 | €118,438 | €33,894 | -€84,544 | -71.4% |
| Suppliers | 440/4 | €118,438 | €33,894 | -€84,544 | -71.4% |
| Taxes, remuneration and social security | 45 | €20,083 | €26,769 | +€6,685 | +33.3% |
| Taxes | 450/3 | €10,607 | €11,634 | +€1,026 | +9.7% |
| Remuneration and social security | 454/9 | €9,476 | €15,135 | +€5,659 | +59.7% |
| Other amounts payable | 47/48 | €20,000 | €22,000 | +€2,000 | +10.0% |
| Remuneration, social security and pensions | 62 | €54,189 | €103,023 | +€48,834 | +90.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,962 | €23,752 | +€2,791 | +13.3% |
| Other operating charges | 640/8 | €2,446 | €4,232 | +€1,785 | +73.0% |
| Gross operating margin | 9900 | €116,792 | €152,108 | +€35,316 | +30.2% |
| Operating profit (loss) | 9901 | €39,195 | €21,101 | -€18,094 | -46.2% |
| Financial income | 75/76B | €2,762 | €2,189 | -€573 | -20.8% |
| Recurring financial income | 75 | €2,762 | €2,189 | -€573 | -20.8% |
| Financial charges | 65/66B | €5,147 | €6,416 | +€1,269 | +24.7% |
| Recurring financial charges | 65 | €5,147 | €6,416 | +€1,269 | +24.7% |
| Profit (loss) for the period before taxes | 9903 | €36,811 | €16,874 | -€19,937 | -54.2% |
| Income taxes | 67/77 | €10,653 | €4,628 | -€6,025 | -56.6% |
| Profit (loss) for the period | 9904 | €26,158 | €12,246 | -€13,912 | -53.2% |
| Profit (loss) for the period to be appropriated | 9905 | €26,158 | €12,246 | -€13,912 | -53.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.