GB DEVELOPPEMENT: 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.
GB DEVELOPPEMENT
Largest movements
- Cash +€49,693
up €49,693 (+690%), from €7,205 to €56,898
mainly Net result for the year (+€57,424) and Tax, wage and social debts (+€17,976)
- Receivables after one year +€20,000
new in 2025: €20,000
- Reserves +€57,000
up €57,000 (+950%), from €6,000 to €63,000
- Tax, wage and social debts +€17,976
up €17,976 (+169%), from €10,667 to €28,643
of which Taxes: +€21,583
- Trade debts -€4,152
down €4,152 (-76.3%), from €5,440 to €1,288
- Other debts -€2,000
down €2,000 (-100%), from €2,000 to €0
- Gross operating margin +€66,645
up €66,645 (+765%), from €8,712 to €75,358
- Taxes +€13,374
up €13,374 (+797%), from €1,678 to €15,052
- Financial charges +€2,364
up €2,364 (+399%), from €592 to €2,957
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 | €26,549 | €95,819 | +€69,270 | +261% |
| Fixed assets | 21/28 | €57 | €57 | = | 0.0% |
| Financial fixed assets | 28 | €57 | €57 | = | 0.0% |
| Current assets | 29/58 | €26,492 | €95,762 | +€69,270 | +261% |
| Amounts receivable after more than one year | 29 | - | €20,000 | +€20,000 | |
| Trade receivables | 290 | - | €20,000 | +€20,000 | |
| Amounts receivable within one year | 40/41 | €18,150 | €18,532 | +€382 | +2.1% |
| Trade receivables | 40 | €18,150 | €18,532 | +€382 | +2.1% |
| Cash at bank and in hand | 54/58 | €7,205 | €56,898 | +€49,693 | +690% |
| Deferred charges and accrued income | 490/1 | €1,137 | €332 | -€805 | -70.8% |
| Total equity and liabilities | 10/49 | €26,549 | €95,819 | +€69,270 | +261% |
| Equity | 10/15 | €8,442 | €65,865 | +€57,424 | +680% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €6,000 | €63,000 | +€57,000 | +950% |
| Distributable reserves | 133 | €6,000 | €63,000 | +€57,000 | +950% |
| Profit (loss) carried forward | 14 | €442 | €865 | +€424 | +95.9% |
| Amounts payable | 17/49 | €18,107 | €29,954 | +€11,846 | +65.4% |
| Amounts payable within one year | 42/48 | €18,107 | €29,931 | +€11,824 | +65.3% |
| Trade debts | 44 | €5,440 | €1,288 | -€4,152 | -76.3% |
| Suppliers | 440/4 | €5,440 | €1,288 | -€4,152 | -76.3% |
| Taxes, remuneration and social security | 45 | €10,667 | €28,643 | +€17,976 | +169% |
| Taxes | 450/3 | €7,060 | €28,643 | +€21,583 | +306% |
| Remuneration and social security | 454/9 | €3,607 | €0 | -€3,607 | -100% |
| Other amounts payable | 47/48 | €2,000 | €0 | -€2,000 | -100% |
| Accrued charges and deferred income | 492/3 | - | €23 | +€23 | |
| Gross operating margin | 9900 | €8,712 | €75,358 | +€66,645 | +765% |
| Operating profit (loss) | 9901 | €8,712 | €75,358 | +€66,645 | +765% |
| Financial income | 75/76B | - | €75 | +€75 | |
| Recurring financial income | 75 | - | €75 | +€75 | |
| Financial charges | 65/66B | €592 | €2,957 | +€2,364 | +399% |
| Recurring financial charges | 65 | €592 | €2,957 | +€2,364 | +399% |
| Profit (loss) for the period before taxes | 9903 | €8,120 | €72,476 | +€64,356 | +793% |
| Income taxes | 67/77 | €1,678 | €15,052 | +€13,374 | +797% |
| Profit (loss) for the period | 9904 | €6,442 | €57,424 | +€50,982 | +791% |
| Profit (loss) for the period to be appropriated | 9905 | €6,442 | €57,424 | +€50,982 | +791% |
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 31 October 2026 via checked.be.