GBL O: 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.
GBL O
Largest movements
- Receivables within one year +€444,463
up €444,463 (+3.6%), from €12.3m to €12.8m
- Cash -€160,397
down €160,397 (-51.0%), from €314,337 to €153,940
mainly Receivables within one year (-€444,463) and Tax, wage and social debts (-€2,350)
- Profit (loss) carried forward +€286,416
up €286,416 (+19.4%), from -€1.5m to -€1.2m
- Financial income -€136,592
down €136,592 (-30.2%), from €452,578 to €315,986
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 | €12,627,492 | €12,911,558 | +€284,066 | +2.2% |
| Current assets | 29/58 | €12,627,492 | €12,911,558 | +€284,066 | +2.2% |
| Amounts receivable within one year | 40/41 | €12,313,155 | €12,757,618 | +€444,463 | +3.6% |
| Other amounts receivable | 41 | €12,313,155 | €12,757,618 | +€444,463 | +3.6% |
| Cash at bank and in hand | 54/58 | €314,337 | €153,940 | -€160,397 | -51.0% |
| Total equity and liabilities | 10/49 | €12,627,492 | €12,911,558 | +€284,066 | +2.2% |
| Equity | 10/15 | €12,625,143 | €12,911,558 | +€286,416 | +2.3% |
| Contributions | 10/11 | €10,000,000 | €10,000,000 | = | 0.0% |
| Capital | 10 | €2,000,000 | €2,000,000 | = | 0.0% |
| Issued capital | 100 | €2,000,000 | €2,000,000 | = | 0.0% |
| Contributions outside capital | 11 | €8,000,000 | €8,000,000 | = | 0.0% |
| Share premium | 1100/10 | €8,000,000 | €8,000,000 | = | 0.0% |
| Reserves | 13 | €4,099,840 | €4,099,840 | = | 0.0% |
| Non-distributable reserves | 130/1 | €200,000 | €200,000 | = | 0.0% |
| Legal reserve | 130 | €200,000 | €200,000 | = | 0.0% |
| Distributable reserves | 133 | €3,899,840 | €3,899,840 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,474,697 | -€1,188,282 | +€286,416 | +19.4% |
| Amounts payable | 17/49 | €2,350 | - | -€2,350 | |
| Amounts payable within one year | 42/48 | €2,350 | - | -€2,350 | |
| Taxes, remuneration and social security | 45 | €2,350 | - | -€2,350 | |
| Remuneration and social security | 454/9 | €2,350 | - | -€2,350 | |
| Operating income | 70/76A | - | €1,702 | +€1,702 | |
| Other operating income | 74 | - | €1,702 | +€1,702 | |
| Operating charges | 60/66A | €29,937 | €30,591 | +€654 | +2.2% |
| Services and other goods | 61 | €28,977 | €29,623 | +€646 | +2.2% |
| Other operating charges | 640/8 | €960 | €968 | +€7 | +0.8% |
| Operating profit (loss) | 9901 | -€29,937 | -€28,888 | +€1,049 | +3.5% |
| Financial income | 75/76B | €452,578 | €315,986 | -€136,592 | -30.2% |
| Recurring financial income | 75 | €452,578 | €315,986 | -€136,592 | -30.2% |
| Income from current assets | 751 | €452,578 | €315,986 | -€136,592 | -30.2% |
| Financial charges | 65/66B | €1,118 | €682 | -€435 | -39.0% |
| Recurring financial charges | 65 | €1,118 | €682 | -€435 | -39.0% |
| Other financial charges | 652/9 | €1,118 | €682 | -€435 | -39.0% |
| Profit (loss) for the period before taxes | 9903 | €421,523 | €286,416 | -€135,107 | -32.1% |
| Profit (loss) for the period | 9904 | €421,523 | €286,416 | -€135,107 | -32.1% |
| Profit (loss) for the period to be appropriated | 9905 | €421,523 | €286,416 | -€135,107 | -32.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.