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GDC Trading: 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.

What changed

GDC Trading

BE 1016.907.517
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€71,771
2024 · -€3,235-€68,537
Equity
-€72,006
2024 · -€235-€71,771
Cash
€343
2024 · €1,746-€1,403
Balance sheet total
€666
2024 · €255,706-€255,040

Largest movements

2024 to 2025
Assets
  • Current investments -€253,637

    down €253,637 (-99.9%), from €253,960 to €323

Equity and liabilities
  • Other debts -€183,269

    down €183,269 (-71.6%), from €255,941 to €72,672

  • Profit (loss) carried forward -€71,771

    down €71,771 (-2218.8%), from -€3,235 to -€75,006

Income statement
  • Financial charges +€37,005

    up €37,005 (+11784.9%), from €314 to €37,319

  • Financial income +€13,380

    new in 2025: €13,380

  • Gross operating margin -€3,313

    down €3,313 (-135.3%), from -€2,449 to -€5,763

  • Other operating charges -€351

    down €351 (-74.5%), from €471 to €120

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€3,235
Gross operating margin -€3,313
Other operating charges +€351
Other operating items -€41,950
Financial income +€13,380
Financial charges -€37,005
Result 2025 -€71,771

Cash bridge derived

cash 2024 to 2025

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.

From operations -€255,040
Investment +€253,637
Financing €0
Cash 2024 €1,746
Net result for the year -€71,771
Other debts -€183,269
Current investments +€253,637
Cash 2025 €343
Every line side by side 22 lines
Line Code 2024 2025 Change %
Total assets 20/58 €255,706 €666 -€255,040 -99.7%
Current assets 29/58 €255,706 €666 -€255,040 -99.7%
Current investments 50/53 €253,960 €323 -€253,637 -99.9%
Cash at bank and in hand 54/58 €1,746 €343 -€1,403 -80.3%
Total equity and liabilities 10/49 €255,706 €666 -€255,040 -99.7%
Equity 10/15 -€235 -€72,006 -€71,771 -30585.2%
Contributions 10/11 €3,000 €3,000 = 0.0%
Profit (loss) carried forward 14 -€3,235 -€75,006 -€71,771 -2218.8%
Amounts payable 17/49 €255,941 €72,672 -€183,269 -71.6%
Amounts payable within one year 42/48 €255,941 €72,672 -€183,269 -71.6%
Other amounts payable 47/48 €255,941 €72,672 -€183,269 -71.6%
Other operating charges 640/8 €471 €120 -€351 -74.5%
Non-recurring operating charges 66A - €41,950 +€41,950
Gross operating margin 9900 -€2,449 -€5,763 -€3,313 -135.3%
Operating profit (loss) 9901 -€2,921 -€47,832 -€44,912 -1537.7%
Financial income 75/76B - €13,380 +€13,380
Recurring financial income 75 - €13,380 +€13,380
Financial charges 65/66B €314 €37,319 +€37,005 +11784.9%
Recurring financial charges 65 €314 €37,319 +€37,005 +11784.9%
Profit (loss) for the period before taxes 9903 -€3,235 -€71,771 -€68,537 -2118.8%
Profit (loss) for the period 9904 -€3,235 -€71,771 -€68,537 -2118.8%
Profit (loss) for the period to be appropriated 9905 -€3,235 -€71,771 -€68,537 -2118.8%

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.