GDI: 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.
GDI
Largest movements
- Stocks and contracts +€9,166
up €9,166 (+1,866%), from €491 to €9,657
- Cash +€6,793
up €6,793 (+11.2%), from €60,665 to €67,458
mainly Net result for the year (+€31,884) and Depreciation (+€3,847)
- Tangible fixed assets -€2,316
down €2,316 (-52.0%), from €4,452 to €2,136
of which Furniture and vehicles: -€1,780
- Reserves +€31,884
up €31,884 (+118%), from €26,938 to €58,822
of which Distributable reserves: +€31,884
- Other debts -€16,402
down €16,402 (-73.7%), from €22,265 to €5,863
- Trade debts -€2,090
down €2,090 (-28.2%), from €7,420 to €5,330
- Accrued charges and deferred income -€1,000
no longer reported in 2025 (was €1,000)
- Taxes +€8,256
up €8,256 (+109%), from €7,543 to €15,800
- Depreciation -€5,554
down €5,554 (-59.1%), from €9,401 to €3,847
- Gross operating margin +€4,212
up €4,212 (+8.7%), from €48,634 to €52,846
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 | €76,742 | €90,014 | +€13,273 | +17.3% |
| Fixed assets | 21/28 | €4,452 | €2,136 | -€2,316 | -52.0% |
| Tangible fixed assets | 22/27 | €4,452 | €2,136 | -€2,316 | -52.0% |
| Plant, machinery and equipment | 23 | €1,150 | €614 | -€536 | -46.6% |
| Furniture and vehicles | 24 | €3,303 | €1,522 | -€1,780 | -53.9% |
| Current assets | 29/58 | €72,289 | €87,878 | +€15,589 | +21.6% |
| Stocks and contracts in progress | 3 | €491 | €9,657 | +€9,166 | +1,866% |
| Stocks | 30/36 | €491 | €9,657 | +€9,166 | +1,866% |
| Amounts receivable within one year | 40/41 | €9,000 | €9,113 | +€113 | +1.3% |
| Trade receivables | 40 | €7,821 | €6,432 | -€1,389 | -17.8% |
| Other amounts receivable | 41 | €1,179 | €2,681 | +€1,502 | +127% |
| Cash at bank and in hand | 54/58 | €60,665 | €67,458 | +€6,793 | +11.2% |
| Deferred charges and accrued income | 490/1 | €2,133 | €1,650 | -€484 | -22.7% |
| Total equity and liabilities | 10/49 | €76,742 | €90,014 | +€13,273 | +17.3% |
| Equity | 10/15 | €45,938 | €77,822 | +€31,884 | +69.4% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €26,938 | €58,822 | +€31,884 | +118% |
| Tax-exempt reserves | 132 | €12,203 | €12,203 | = | 0.0% |
| Distributable reserves | 133 | €14,735 | €46,619 | +€31,884 | +216% |
| Amounts payable | 17/49 | €30,803 | €12,192 | -€18,611 | -60.4% |
| Amounts payable within one year | 42/48 | €29,803 | €12,192 | -€17,611 | -59.1% |
| Trade debts | 44 | €7,420 | €5,330 | -€2,090 | -28.2% |
| Suppliers | 440/4 | €7,420 | €5,330 | -€2,090 | -28.2% |
| Taxes, remuneration and social security | 45 | €119 | €1,000 | +€881 | +742% |
| Taxes | 450/3 | €119 | €1,000 | +€881 | +742% |
| Other amounts payable | 47/48 | €22,265 | €5,863 | -€16,402 | -73.7% |
| Accrued charges and deferred income | 492/3 | €1,000 | - | -€1,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,401 | €3,847 | -€5,554 | -59.1% |
| Other operating charges | 640/8 | €1,351 | €1,625 | +€274 | +20.3% |
| Gross operating margin | 9900 | €48,634 | €52,846 | +€4,212 | +8.7% |
| Operating profit (loss) | 9901 | €37,882 | €47,374 | +€9,492 | +25.1% |
| Financial income | 75/76B | €232 | €461 | +€229 | +98.6% |
| Recurring financial income | 75 | €232 | €461 | +€229 | +98.6% |
| Financial charges | 65/66B | €222 | €152 | -€70 | -31.5% |
| Recurring financial charges | 65 | €222 | €152 | -€70 | -31.5% |
| Profit (loss) for the period before taxes | 9903 | €37,893 | €47,683 | +€9,791 | +25.8% |
| Income taxes | 67/77 | €7,543 | €15,800 | +€8,256 | +109% |
| Profit (loss) for the period | 9904 | €30,349 | €31,884 | +€1,534 | +5.1% |
| Profit (loss) for the period to be appropriated | 9905 | €30,349 | €31,884 | +€1,534 | +5.1% |
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 24 October 2026 via checked.be.