GDC Compagnie: 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.
GDC Compagnie
Largest movements
- Receivables within one year +€24,197
up €24,197 (+71.4%), from €33,871 to €58,068
of which Other amounts receivable: +€30,751
- Tangible fixed assets -€8,844
down €8,844 (-27.0%), from €32,776 to €23,932
of which Plant, machinery and equipment: -€4,844
- Trade debts +€13,517
up €13,517 (+56.7%), from €23,860 to €37,378
- Advances received +€9,050
new in 2025: €9,050
- Tax, wage and social debts -€8,430
down €8,430 (-68.5%), from €12,310 to €3,880
- Profit (loss) carried forward +€1,054
up €1,054 (+3.0%), from €35,238 to €36,292
- Purchases and services +€54,554
up €54,554 (+48.3%), from €113,012 to €167,565
- Gross operating margin -€13,629
down €13,629 (-57.2%), from €23,821 to €10,192
- Taxes -€4,275
down €4,275, from €3,529 to -€746
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 | €73,609 | €88,800 | +€15,191 | +20.6% |
| Fixed assets | 21/28 | €32,776 | €23,932 | -€8,844 | -27.0% |
| Tangible fixed assets | 22/27 | €32,776 | €23,932 | -€8,844 | -27.0% |
| Plant, machinery and equipment | 23 | €18,376 | €13,532 | -€4,844 | -26.4% |
| Furniture and vehicles | 24 | €14,400 | €10,400 | -€4,000 | -27.8% |
| Current assets | 29/58 | €40,833 | €64,868 | +€24,035 | +58.9% |
| Stocks and contracts in progress | 3 | - | €389 | +€389 | |
| Stocks | 30/36 | - | €389 | +€389 | |
| Amounts receivable within one year | 40/41 | €33,871 | €58,068 | +€24,197 | +71.4% |
| Trade receivables | 40 | €7,283 | €730 | -€6,554 | -90.0% |
| Other amounts receivable | 41 | €26,588 | €57,339 | +€30,751 | +116% |
| Cash at bank and in hand | 54/58 | €6,103 | €6,411 | +€307 | +5.0% |
| Deferred charges and accrued income | 490/1 | €858 | - | -€858 | |
| Total equity and liabilities | 10/49 | €73,609 | €88,800 | +€15,191 | +20.6% |
| Equity | 10/15 | €37,438 | €38,492 | +€1,054 | +2.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Capital | 10 | €2,000 | €2,000 | = | 0.0% |
| Issued capital | 100 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €200 | €200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €200 | €200 | = | 0.0% |
| Legal reserve | 130 | €200 | €200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,238 | €36,292 | +€1,054 | +3.0% |
| Amounts payable | 17/49 | €36,171 | €50,308 | +€14,138 | +39.1% |
| Amounts payable within one year | 42/48 | €36,171 | €50,308 | +€14,138 | +39.1% |
| Trade debts | 44 | €23,860 | €37,378 | +€13,517 | +56.7% |
| Suppliers | 440/4 | €23,860 | €37,378 | +€13,517 | +56.7% |
| Advances received on contracts in progress | 46 | - | €9,050 | +€9,050 | |
| Taxes, remuneration and social security | 45 | €12,310 | €3,880 | -€8,430 | -68.5% |
| Taxes | 450/3 | €12,310 | €3,880 | -€8,430 | -68.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €113,012 | €167,565 | +€54,554 | +48.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,844 | €8,844 | = | 0.0% |
| Other operating charges | 640/8 | €790 | €960 | +€171 | +21.6% |
| Gross operating margin | 9900 | €23,821 | €10,192 | -€13,629 | -57.2% |
| Operating profit (loss) | 9901 | €14,187 | €387 | -€13,799 | -97.3% |
| Financial charges | 65/66B | €70 | €80 | +€10 | +13.8% |
| Recurring financial charges | 65 | €70 | €80 | +€10 | +13.8% |
| Profit (loss) for the period before taxes | 9903 | €14,117 | €308 | -€13,809 | -97.8% |
| Income taxes | 67/77 | €3,529 | -€746 | -€4,275 | |
| Profit (loss) for the period | 9904 | €10,588 | €1,054 | -€9,534 | -90.0% |
| Profit (loss) for the period to be appropriated | 9905 | €10,588 | €1,054 | -€9,534 | -90.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.