GD SOINS: 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.
GD SOINS
Largest movements
- Receivables within one year +€98,242
up €98,242 (+24.9%), from €394,956 to €493,198
of which Other amounts receivable: +€99,764
- Intangible fixed assets -€6,316
down €6,316 (-16.2%), from €39,086 to €32,770
- Profit (loss) carried forward +€92,688
up €92,688 (+30.3%), from €305,757 to €398,445
- Tax, wage and social debts +€24,143
up €24,143 (+25.2%), from €95,768 to €119,912
of which Taxes: +€21,871
- Debts after one year -€11,366
no longer reported in 2025 (was €11,366)
- Trade debts -€6,100
down €6,100 (-78.5%), from €7,767 to €1,667
- Gross operating margin +€28,120
up €28,120 (+24.6%), from €114,277 to €142,397
- Taxes +€7,023
up €7,023 (+21.2%), from €33,109 to €40,131
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 | €439,616 | €535,889 | +€96,273 | +21.9% |
| Fixed assets | 21/28 | €44,004 | €37,645 | -€6,359 | -14.5% |
| Intangible fixed assets | 21 | €39,086 | €32,770 | -€6,316 | -16.2% |
| Tangible fixed assets | 22/27 | €4,918 | €4,875 | -€43 | -0.9% |
| Furniture and vehicles | 24 | €4,918 | €4,875 | -€43 | -0.9% |
| Current assets | 29/58 | €395,612 | €498,245 | +€102,632 | +25.9% |
| Amounts receivable within one year | 40/41 | €394,956 | €493,198 | +€98,242 | +24.9% |
| Trade receivables | 40 | €12,000 | €10,478 | -€1,522 | -12.7% |
| Other amounts receivable | 41 | €382,956 | €482,720 | +€99,764 | +26.1% |
| Cash at bank and in hand | 54/58 | €0 | €3,755 | +€3,755 | |
| Deferred charges and accrued income | 490/1 | €656 | €1,291 | +€635 | +96.7% |
| Total equity and liabilities | 10/49 | €439,616 | €535,889 | +€96,273 | +21.9% |
| Equity | 10/15 | €310,257 | €402,945 | +€92,688 | +29.9% |
| Contributions | 10/11 | €4,500 | €4,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €305,757 | €398,445 | +€92,688 | +30.3% |
| Amounts payable | 17/49 | €129,359 | €132,944 | +€3,585 | +2.8% |
| Amounts payable after more than one year | 17 | €11,366 | - | -€11,366 | |
| Financial debts | 170/4 | €11,366 | - | -€11,366 | |
| Amounts payable within one year | 42/48 | €117,993 | €132,944 | +€14,951 | +12.7% |
| Current portion of amounts payable after more than one year | 42 | €12,060 | €11,366 | -€694 | -5.8% |
| Financial debts | 43 | €2,398 | - | -€2,398 | |
| Credit institutions | 430/8 | €2,398 | - | -€2,398 | |
| Trade debts | 44 | €7,767 | €1,667 | -€6,100 | -78.5% |
| Suppliers | 440/4 | €7,767 | €1,667 | -€6,100 | -78.5% |
| Taxes, remuneration and social security | 45 | €95,768 | €119,912 | +€24,143 | +25.2% |
| Taxes | 450/3 | €94,008 | €115,880 | +€21,871 | +23.3% |
| Remuneration and social security | 454/9 | €1,760 | €4,032 | +€2,272 | +129.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,470 | €7,863 | +€393 | +5.3% |
| Other operating charges | 640/8 | €1,878 | €552 | -€1,326 | -70.6% |
| Gross operating margin | 9900 | €114,277 | €142,397 | +€28,120 | +24.6% |
| Operating profit (loss) | 9901 | €104,929 | €133,982 | +€29,053 | +27.7% |
| Financial income | 75/76B | €0 | €0 | -€0 | -50.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -50.0% |
| Financial charges | 65/66B | €1,955 | €1,162 | -€792 | -40.5% |
| Recurring financial charges | 65 | €1,955 | €1,162 | -€792 | -40.5% |
| Profit (loss) for the period before taxes | 9903 | €102,975 | €132,820 | +€29,845 | +29.0% |
| Income taxes | 67/77 | €33,109 | €40,131 | +€7,023 | +21.2% |
| Profit (loss) for the period | 9904 | €69,866 | €92,688 | +€22,822 | +32.7% |
| Profit (loss) for the period to be appropriated | 9905 | €69,866 | €92,688 | +€22,822 | +32.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.