GDD Concepts: 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.
GDD Concepts
Largest movements
- Receivables within one year +€7,519
up €7,519 (+266%), from €2,830 to €10,348
of which Trade receivables: +€5,684
- Stocks and contracts -€5,760
down €5,760 (-67.5%), from €8,535 to €2,775
- Tangible fixed assets -€3,675
down €3,675 (-91.3%), from €4,025 to €350
of which Furniture and vehicles: -€2,573
- Cash -€3,374
down €3,374 (-9.1%), from €37,178 to €33,804
mainly Advances received (-€9,986) and Receivables within one year (-€7,519)
- Advances received -€9,986
down €9,986 (-78.3%), from €12,761 to €2,775
- Reserves +€6,015
up €6,015 (+33.2%), from €18,133 to €24,149
- Tax, wage and social debts -€695
down €695 (-28.6%), from €2,427 to €1,733
- Gross operating margin -€5,175
down €5,175 (-29.9%), from €17,295 to €12,120
- Depreciation -€1,108
down €1,108 (-23.2%), from €4,783 to €3,675
- Taxes -€661
down €661 (-28.0%), from €2,364 to €1,702
- Other operating charges -€284
down €284 (-30.5%), from €931 to €647
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 | €52,568 | €47,278 | -€5,290 | -10.1% |
| Fixed assets | 21/28 | €4,025 | €350 | -€3,675 | -91.3% |
| Tangible fixed assets | 22/27 | €4,025 | €350 | -€3,675 | -91.3% |
| Plant, machinery and equipment | 23 | €1,451 | €350 | -€1,102 | -75.9% |
| Furniture and vehicles | 24 | €2,573 | - | -€2,573 | |
| Current assets | 29/58 | €48,543 | €46,928 | -€1,615 | -3.3% |
| Stocks and contracts in progress | 3 | €8,535 | €2,775 | -€5,760 | -67.5% |
| Contracts in progress | 37 | €8,535 | €2,775 | -€5,760 | -67.5% |
| Amounts receivable within one year | 40/41 | €2,830 | €10,348 | +€7,519 | +266% |
| Trade receivables | 40 | €2,822 | €8,506 | +€5,684 | +201% |
| Other amounts receivable | 41 | €7 | €1,842 | +€1,835 | +25,064% |
| Cash at bank and in hand | 54/58 | €37,178 | €33,804 | -€3,374 | -9.1% |
| Total equity and liabilities | 10/49 | €52,568 | €47,278 | -€5,290 | -10.1% |
| Equity | 10/15 | €20,633 | €26,649 | +€6,015 | +29.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Capital | 10 | €2,500 | €2,500 | = | 0.0% |
| Issued capital | 100 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €18,133 | €24,149 | +€6,015 | +33.2% |
| Distributable reserves | 133 | €18,133 | €24,149 | +€6,015 | +33.2% |
| Amounts payable | 17/49 | €31,934 | €20,629 | -€11,305 | -35.4% |
| Amounts payable within one year | 42/48 | €31,934 | €20,629 | -€11,305 | -35.4% |
| Trade debts | 44 | €394 | - | -€394 | |
| Suppliers | 440/4 | €394 | - | -€394 | |
| Advances received on contracts in progress | 46 | €12,761 | €2,775 | -€9,986 | -78.3% |
| Taxes, remuneration and social security | 45 | €2,427 | €1,733 | -€695 | -28.6% |
| Taxes | 450/3 | €2,427 | €1,733 | -€695 | -28.6% |
| Other amounts payable | 47/48 | €16,352 | €16,121 | -€231 | -1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,783 | €3,675 | -€1,108 | -23.2% |
| Other operating charges | 640/8 | €931 | €647 | -€284 | -30.5% |
| Gross operating margin | 9900 | €17,295 | €12,120 | -€5,175 | -29.9% |
| Operating profit (loss) | 9901 | €11,580 | €7,798 | -€3,783 | -32.7% |
| Financial income | 75/76B | €65 | €0 | -€65 | -100.0% |
| Recurring financial income | 75 | €65 | €0 | -€65 | -100.0% |
| Financial charges | 65/66B | €66 | €80 | +€14 | +21.4% |
| Recurring financial charges | 65 | €66 | €80 | +€14 | +21.4% |
| Profit (loss) for the period before taxes | 9903 | €11,579 | €7,718 | -€3,861 | -33.3% |
| Income taxes | 67/77 | €2,364 | €1,702 | -€661 | -28.0% |
| Profit (loss) for the period | 9904 | €9,215 | €6,015 | -€3,200 | -34.7% |
| Profit (loss) for the period to be appropriated | 9905 | €9,215 | €6,015 | -€3,200 | -34.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.