GBSS: 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.
GBSS
Largest movements
- Current investments +€40,224
up €40,224 (+58.7%), from €68,520 to €108,745
- Receivables after one year -€24,870
down €24,870 (-23.2%), from €107,020 to €82,151
- Cash -€3,344
down €3,344 (-4.9%), from €67,821 to €64,477
mainly Current investments (-€40,224) and Contributions, distributions and other (-€34,380)
- Reserves +€13,795
up €13,795 (+5.9%), from €234,991 to €248,786
- Financial income +€4,163
up €4,163 (+1726.6%), from €241 to €4,404
- Turnover -€3,885
down €3,885 (-2.7%), from €142,485 to €138,600
- Gross operating margin -€3,502
down €3,502 (-5.1%), from €68,197 to €64,695
- Purchases and services -€3,492
down €3,492 (-4.3%), from €80,887 to €77,395
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 | €260,907 | €273,003 | +€12,096 | +4.6% |
| Fixed assets | 21/28 | €810 | €289 | -€522 | -64.4% |
| Tangible fixed assets | 22/27 | €810 | €289 | -€522 | -64.4% |
| Furniture and vehicles | 24 | €810 | €289 | -€522 | -64.4% |
| Current assets | 29/58 | €260,097 | €272,714 | +€12,617 | +4.9% |
| Amounts receivable after more than one year | 29 | €107,020 | €82,151 | -€24,870 | -23.2% |
| Other amounts receivable | 291 | €107,020 | €82,151 | -€24,870 | -23.2% |
| Amounts receivable within one year | 40/41 | €14,278 | €14,818 | +€540 | +3.8% |
| Trade receivables | 40 | €14,278 | €14,520 | +€242 | +1.7% |
| Other amounts receivable | 41 | - | €298 | +€298 | |
| Current investments | 50/53 | €68,520 | €108,745 | +€40,224 | +58.7% |
| Cash at bank and in hand | 54/58 | €67,821 | €64,477 | -€3,344 | -4.9% |
| Deferred charges and accrued income | 490/1 | €2,458 | €2,524 | +€66 | +2.7% |
| Total equity and liabilities | 10/49 | €260,907 | €273,003 | +€12,096 | +4.6% |
| Equity | 10/15 | €241,191 | €254,986 | +€13,795 | +5.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €234,991 | €248,786 | +€13,795 | +5.9% |
| Distributable reserves | 133 | €234,991 | €248,786 | +€13,795 | +5.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €19,716 | €18,017 | -€1,700 | -8.6% |
| Amounts payable within one year | 42/48 | €19,345 | €17,819 | -€1,527 | -7.9% |
| Trade debts | 44 | €143 | €497 | +€355 | +248.1% |
| Suppliers | 440/4 | €143 | €497 | +€355 | +248.1% |
| Taxes, remuneration and social security | 45 | €15,767 | €13,971 | -€1,796 | -11.4% |
| Taxes | 450/3 | €12,382 | €10,586 | -€1,796 | -14.5% |
| Remuneration and social security | 454/9 | €3,385 | €3,385 | = | 0.0% |
| Other amounts payable | 47/48 | €3,436 | €3,350 | -€85 | -2.5% |
| Accrued charges and deferred income | 492/3 | €371 | €198 | -€173 | -46.6% |
| Turnover | 70 | €142,485 | €138,600 | -€3,885 | -2.7% |
| Non-recurring operating income | 76A | €0 | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €80,887 | €77,395 | -€3,492 | -4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €522 | €522 | = | 0.0% |
| Other operating charges | 640/8 | €1,025 | €1,254 | +€229 | +22.4% |
| Gross operating margin | 9900 | €68,197 | €64,695 | -€3,502 | -5.1% |
| Operating profit (loss) | 9901 | €66,651 | €62,919 | -€3,732 | -5.6% |
| Financial income | 75/76B | €241 | €4,404 | +€4,163 | +1726.6% |
| Recurring financial income | 75 | €241 | €4,404 | +€4,163 | +1726.6% |
| Financial charges | 65/66B | €295 | €353 | +€58 | +19.6% |
| Recurring financial charges | 65 | €295 | €353 | +€58 | +19.6% |
| Profit (loss) for the period before taxes | 9903 | €66,597 | €66,971 | +€374 | +0.6% |
| Income taxes | 67/77 | €18,816 | €18,796 | -€21 | -0.1% |
| Profit (loss) for the period | 9904 | €47,781 | €48,175 | +€394 | +0.8% |
| Profit (loss) for the period to be appropriated | 9905 | €47,781 | €48,175 | +€394 | +0.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.