GDAS: 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.
GDAS
Largest movements
- Tangible fixed assets -€4,770
down €4,770 (-10.0%), from €47,902 to €43,132
of which Furniture and vehicles: -€4,449
- Debts after one year -€7,820
down €7,820 (-27.1%), from €28,867 to €21,047
- Reserves +€7,715
up €7,715 (+37.2%), from €20,732 to €28,447
- Tax, wage and social debts -€5,502
down €5,502 (-38.4%), from €14,334 to €8,832
of which Taxes: -€5,502
- Other debts -€2,429
down €2,429 (-35.7%), from €6,796 to €4,367
- Trade debts +€1,872
up €1,872 (+89.8%), from €2,085 to €3,956
- Gross operating margin +€6,260
up €6,260 (+30.3%), from €20,662 to €26,923
- Depreciation +€3,269
up €3,269 (+37.4%), from €8,731 to €12,000
- Taxes +€730
up €730 (+17.0%), from €4,291 to €5,021
- Financial charges +€439
up €439 (+38.5%), from €1,140 to €1,579
- Other operating charges -€287
down €287 (-31.6%), from €907 to €620
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 | €99,263 | €93,631 | -€5,632 | -5.7% |
| Fixed assets | 21/28 | €47,927 | €43,157 | -€4,770 | -10.0% |
| Tangible fixed assets | 22/27 | €47,902 | €43,132 | -€4,770 | -10.0% |
| Furniture and vehicles | 24 | €47,407 | €42,958 | -€4,449 | -9.4% |
| Other tangible fixed assets | 26 | €495 | €175 | -€321 | -64.8% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €51,337 | €50,474 | -€863 | -1.7% |
| Amounts receivable within one year | 40/41 | €39,145 | €38,523 | -€622 | -1.6% |
| Trade receivables | 40 | €25,829 | €24,790 | -€1,039 | -4.0% |
| Other amounts receivable | 41 | €13,316 | €13,733 | +€417 | +3.1% |
| Cash at bank and in hand | 54/58 | €9,268 | €9,191 | -€77 | -0.8% |
| Deferred charges and accrued income | 490/1 | €2,924 | €2,760 | -€164 | -5.6% |
| Total equity and liabilities | 10/49 | €99,263 | €93,631 | -€5,632 | -5.7% |
| Equity | 10/15 | €39,332 | €47,047 | +€7,715 | +19.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €20,732 | €28,447 | +€7,715 | +37.2% |
| Distributable reserves | 133 | €20,732 | €28,447 | +€7,715 | +37.2% |
| Amounts payable | 17/49 | €59,931 | €46,584 | -€13,347 | -22.3% |
| Amounts payable after more than one year | 17 | €28,867 | €21,047 | -€7,820 | -27.1% |
| Financial debts | 170/4 | €28,867 | €21,047 | -€7,820 | -27.1% |
| Amounts payable within one year | 42/48 | €30,714 | €24,976 | -€5,738 | -18.7% |
| Current portion of amounts payable after more than one year | 42 | €7,499 | €7,820 | +€321 | +4.3% |
| Trade debts | 44 | €2,085 | €3,956 | +€1,872 | +89.8% |
| Suppliers | 440/4 | €2,085 | €3,956 | +€1,872 | +89.8% |
| Taxes, remuneration and social security | 45 | €14,334 | €8,832 | -€5,502 | -38.4% |
| Taxes | 450/3 | €12,334 | €6,832 | -€5,502 | -44.6% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Other amounts payable | 47/48 | €6,796 | €4,367 | -€2,429 | -35.7% |
| Accrued charges and deferred income | 492/3 | €350 | €561 | +€211 | +60.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,731 | €12,000 | +€3,269 | +37.4% |
| Other operating charges | 640/8 | €907 | €620 | -€287 | -31.6% |
| Non-recurring operating charges | 66A | €238 | €0 | -€238 | -100.0% |
| Gross operating margin | 9900 | €20,662 | €26,923 | +€6,260 | +30.3% |
| Operating profit (loss) | 9901 | €10,787 | €14,303 | +€3,516 | +32.6% |
| Financial income | 75/76B | €3 | €11 | +€9 | +353.4% |
| Recurring financial income | 75 | €3 | €11 | +€9 | +353.4% |
| Financial charges | 65/66B | €1,140 | €1,579 | +€439 | +38.5% |
| Recurring financial charges | 65 | €1,140 | €1,579 | +€439 | +38.5% |
| Profit (loss) for the period before taxes | 9903 | €9,649 | €12,735 | +€3,086 | +32.0% |
| Income taxes | 67/77 | €4,291 | €5,021 | +€730 | +17.0% |
| Profit (loss) for the period | 9904 | €5,358 | €7,715 | +€2,357 | +44.0% |
| Profit (loss) for the period to be appropriated | 9905 | €5,358 | €7,715 | +€2,357 | +44.0% |
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 30 September 2026 via checked.be.