G du Bol: 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 du Bol
Largest movements
- Receivables within one year +€15,227
up €15,227 (+56.7%), from €26,872 to €42,099
of which Trade receivables: +€15,769
- Cash +€3,197
up €3,197 (+25.6%), from €12,499 to €15,695
mainly Net result for the year (+€10,819) and Other debts (+€6,987)
- Tangible fixed assets -€629
down €629 (-64.0%), from €984 to €355
of which Furniture and vehicles: -€490
- Profit (loss) carried forward +€10,819
up €10,819, from -€10,592 to €227
- Other debts +€6,987
up €6,987 (+69.9%), from €10,000 to €16,987
- Debts after one year -€5,676
no longer reported in 2025 (was €5,676)
- Trade debts +€4,964
up €4,964 (+730%), from €680 to €5,645
- Tax, wage and social debts +€3,864
new in 2025: €3,864
- Turnover +€14,769
up €14,769 (+32.7%), from €45,104 to €59,873
- Gross operating margin +€8,024
up €8,024 (+72.8%), from €11,028 to €19,052
- Other operating charges +€4,354
up €4,354 (+788%), from €553 to €4,907
- Purchases and services +€2,580
up €2,580 (+6.7%), from €38,241 to €40,821
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 | €40,675 | €58,149 | +€17,474 | +43.0% |
| Formation expenses | 20 | €320 | €0 | -€320 | -100% |
| Fixed assets | 21/28 | €984 | €355 | -€629 | -64.0% |
| Tangible fixed assets | 22/27 | €984 | €355 | -€629 | -64.0% |
| Plant, machinery and equipment | 23 | €140 | €0 | -€140 | -100% |
| Furniture and vehicles | 24 | €844 | €355 | -€490 | -58.0% |
| Current assets | 29/58 | €39,371 | €57,794 | +€18,423 | +46.8% |
| Amounts receivable within one year | 40/41 | €26,872 | €42,099 | +€15,227 | +56.7% |
| Trade receivables | 40 | €3,990 | €19,759 | +€15,769 | +395% |
| Other amounts receivable | 41 | €22,882 | €22,340 | -€542 | -2.4% |
| Cash at bank and in hand | 54/58 | €12,499 | €15,695 | +€3,197 | +25.6% |
| Total equity and liabilities | 10/49 | €40,675 | €58,149 | +€17,474 | +43.0% |
| Equity | 10/15 | €14,408 | €25,227 | +€10,819 | +75.1% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Capital | 10 | €25,000 | €25,000 | = | 0.0% |
| Issued capital | 100 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,592 | €227 | +€10,819 | |
| Amounts payable | 17/49 | €26,267 | €32,922 | +€6,655 | +25.3% |
| Amounts payable after more than one year | 17 | €5,676 | - | -€5,676 | |
| Financial debts | 170/4 | €5,676 | - | -€5,676 | |
| Amounts payable within one year | 42/48 | €20,590 | €32,922 | +€12,331 | +59.9% |
| Current portion of amounts payable after more than one year | 42 | €9,910 | €6,426 | -€3,484 | -35.2% |
| Trade debts | 44 | €680 | €5,645 | +€4,964 | +730% |
| Suppliers | 440/4 | €680 | €5,645 | +€4,964 | +730% |
| Taxes, remuneration and social security | 45 | - | €3,864 | +€3,864 | |
| Taxes | 450/3 | - | €3,864 | +€3,864 | |
| Other amounts payable | 47/48 | €10,000 | €16,987 | +€6,987 | +69.9% |
| Turnover | 70 | €45,104 | €59,873 | +€14,769 | +32.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €38,241 | €40,821 | +€2,580 | +6.7% |
| Remuneration, social security and pensions | 62 | €2,346 | €1,814 | -€532 | -22.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €949 | €949 | = | 0.0% |
| Other operating charges | 640/8 | €553 | €4,907 | +€4,354 | +788% |
| Non-recurring operating charges | 66A | €186 | - | -€186 | |
| Gross operating margin | 9900 | €11,028 | €19,052 | +€8,024 | +72.8% |
| Operating profit (loss) | 9901 | €6,993 | €11,382 | +€4,389 | +62.8% |
| Financial income | 75/76B | €344 | €76 | -€268 | -77.8% |
| Recurring financial income | 75 | €344 | €76 | -€268 | -77.8% |
| Financial charges | 65/66B | €578 | €640 | +€62 | +10.7% |
| Recurring financial charges | 65 | €578 | €640 | +€62 | +10.7% |
| Profit (loss) for the period before taxes | 9903 | €6,760 | €10,819 | +€4,059 | +60.0% |
| Profit (loss) for the period | 9904 | €6,760 | €10,819 | +€4,059 | +60.0% |
| Profit (loss) for the period to be appropriated | 9905 | €6,760 | €10,819 | +€4,059 | +60.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.