GBB: 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.
GBB
Largest movements
- Cash +€70,073
up €70,073 (+41.5%), from €168,934 to €239,007
mainly Net result for the year (+€30,322) and Depreciation (+€29,388)
- Tangible fixed assets -€29,388
down €29,388 (-47.1%), from €62,410 to €33,022
of which Furniture and vehicles: -€18,553
- Receivables within one year +€12,320
up €12,320 (+217.7%), from €5,660 to €17,981
of which Trade receivables: +€17,981
- Reserves +€30,322
up €30,322 (+15.8%), from €192,024 to €222,346
of which Distributable reserves: +€30,322
- Tax, wage and social debts +€15,038
up €15,038 (+2594.5%), from €580 to €15,617
of which Taxes: +€15,038
- Trade debts +€10,220
up €10,220 (+3850.4%), from €265 to €10,486
- Gross operating margin +€44,067
up €44,067 (+162.7%), from €27,089 to €71,157
- Taxes +€12,179
up €12,179, from -€249 to €11,930
- Depreciation -€4,653
down €4,653 (-13.7%), from €34,041 to €29,388
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 | €237,004 | €290,009 | +€53,006 | +22.4% |
| Fixed assets | 21/28 | €62,410 | €33,022 | -€29,388 | -47.1% |
| Tangible fixed assets | 22/27 | €62,410 | €33,022 | -€29,388 | -47.1% |
| Plant, machinery and equipment | 23 | €27,382 | €17,488 | -€9,894 | -36.1% |
| Furniture and vehicles | 24 | €29,049 | €10,496 | -€18,553 | -63.9% |
| Other tangible fixed assets | 26 | €5,979 | €5,038 | -€942 | -15.7% |
| Current assets | 29/58 | €174,594 | €256,988 | +€82,394 | +47.2% |
| Amounts receivable within one year | 40/41 | €5,660 | €17,981 | +€12,320 | +217.7% |
| Trade receivables | 40 | - | €17,981 | +€17,981 | |
| Other amounts receivable | 41 | €5,660 | €0 | -€5,660 | -100.0% |
| Cash at bank and in hand | 54/58 | €168,934 | €239,007 | +€70,073 | +41.5% |
| Total equity and liabilities | 10/49 | €237,004 | €290,009 | +€53,006 | +22.4% |
| Equity | 10/15 | €232,024 | €262,346 | +€30,322 | +13.1% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €192,024 | €222,346 | +€30,322 | +15.8% |
| Non-distributable reserves | 130/1 | €4,000 | €4,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,000 | €4,000 | = | 0.0% |
| Distributable reserves | 133 | €188,024 | €218,346 | +€30,322 | +16.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €4,980 | €27,663 | +€22,684 | +455.5% |
| Amounts payable within one year | 42/48 | €4,980 | €27,663 | +€22,684 | +455.5% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €265 | €10,486 | +€10,220 | +3850.4% |
| Suppliers | 440/4 | €265 | €10,486 | +€10,220 | +3850.4% |
| Taxes, remuneration and social security | 45 | €580 | €15,617 | +€15,038 | +2594.5% |
| Taxes | 450/3 | €580 | €15,617 | +€15,038 | +2594.5% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €4,135 | €1,560 | -€2,574 | -62.3% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,041 | €29,388 | -€4,653 | -13.7% |
| Other operating charges | 640/8 | €910 | €1,052 | +€141 | +15.5% |
| Gross operating margin | 9900 | €27,089 | €71,157 | +€44,067 | +162.7% |
| Operating profit (loss) | 9901 | -€7,862 | €40,717 | +€48,579 | |
| Financial income | 75/76B | €2,063 | €2,581 | +€518 | +25.1% |
| Recurring financial income | 75 | €2,063 | €2,581 | +€518 | +25.1% |
| Financial charges | 65/66B | €939 | €1,047 | +€108 | +11.4% |
| Recurring financial charges | 65 | €939 | €1,047 | +€108 | +11.4% |
| Profit (loss) for the period before taxes | 9903 | -€6,739 | €42,252 | +€48,990 | |
| Income taxes | 67/77 | -€249 | €11,930 | +€12,179 | |
| Profit (loss) for the period | 9904 | -€6,489 | €30,322 | +€36,811 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,489 | €30,322 | +€36,811 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.