GDI: 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.
GDI
Largest movements
- Deferred charges and accrued income +€100,000
up €100,000 (+133.3%), from €75,000 to €175,000
- Tangible fixed assets -€24,402
down €24,402 (-5.0%), from €488,607 to €464,205
- Profit (loss) carried forward +€56,689
up €56,689 (+39.6%), from -€142,999 to -€86,310
- Debts after one year +€16,393
up €16,393 (+2.4%), from €669,167 to €685,559
- Financial income +€100,000
new in 2026: €100,000
- Gross operating margin -€62,518
down €62,518, from €60,868 to -€1,650
- Financial charges -€5,637
down €5,637 (-35.2%), from €15,995 to €10,358
- Other operating charges +€1,940
up €1,940 (+39.1%), from €4,961 to €6,900
From the 2025 result to the 2026 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €908,009 | €983,607 | +€75,598 | +8.3% |
| Fixed assets | 21/28 | €833,009 | €808,607 | -€24,402 | -2.9% |
| Tangible fixed assets | 22/27 | €488,607 | €464,205 | -€24,402 | -5.0% |
| Land and buildings | 22 | €488,607 | €464,205 | -€24,402 | -5.0% |
| Financial fixed assets | 28 | €344,402 | €344,402 | = | 0.0% |
| Current assets | 29/58 | €75,000 | €175,000 | +€100,000 | +133.3% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Trade receivables | 40 | €0 | - | = | |
| Deferred charges and accrued income | 490/1 | €75,000 | €175,000 | +€100,000 | +133.3% |
| Total equity and liabilities | 10/49 | €908,009 | €983,607 | +€75,598 | +8.3% |
| Equity | 10/15 | -€122,539 | -€65,850 | +€56,689 | +46.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€142,999 | -€86,310 | +€56,689 | +39.6% |
| Amounts payable | 17/49 | €1,030,548 | €1,049,457 | +€18,909 | +1.8% |
| Amounts payable after more than one year | 17 | €669,167 | €685,559 | +€16,393 | +2.4% |
| Other amounts payable | 178/9 | €669,167 | €685,559 | +€16,393 | +2.4% |
| Amounts payable within one year | 42/48 | €357,581 | €360,097 | +€2,516 | +0.7% |
| Trade debts | 44 | €0 | €4,023 | +€4,023 | |
| Suppliers | 440/4 | €0 | €4,023 | +€4,023 | |
| Taxes, remuneration and social security | 45 | €21,000 | €22,427 | +€1,427 | +6.8% |
| Taxes | 450/3 | €21,000 | €22,427 | +€1,427 | +6.8% |
| Other amounts payable | 47/48 | €336,581 | €333,647 | -€2,934 | -0.9% |
| Accrued charges and deferred income | 492/3 | €3,800 | €3,800 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,402 | €24,402 | = | 0.0% |
| Other operating charges | 640/8 | €4,961 | €6,900 | +€1,940 | +39.1% |
| Gross operating margin | 9900 | €60,868 | -€1,650 | -€62,518 | |
| Operating profit (loss) | 9901 | €31,505 | -€32,953 | -€64,458 | |
| Financial income | 75/76B | - | €100,000 | +€100,000 | |
| Recurring financial income | 75 | - | €100,000 | +€100,000 | |
| Financial charges | 65/66B | €15,995 | €10,358 | -€5,637 | -35.2% |
| Recurring financial charges | 65 | €15,995 | €10,358 | -€5,637 | -35.2% |
| Profit (loss) for the period before taxes | 9903 | €15,510 | €56,689 | +€41,179 | +265.5% |
| Profit (loss) for the period | 9904 | €15,510 | €56,689 | +€41,179 | +265.5% |
| Profit (loss) for the period to be appropriated | 9905 | €15,510 | €56,689 | +€41,179 | +265.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 January 2025 and 31 January 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.