GDK Service: 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.
GDK Service
Largest movements
- Cash +€60,094
up €60,094 (+161%), from €37,399 to €97,493
mainly Net result for the year (+€65,477) and Tax, wage and social debts (+€14,515)
- Receivables after one year +€27,639
new in 2025: €27,639
- Receivables within one year -€11,324
down €11,324 (-22.7%), from €49,836 to €38,512
of which Trade receivables: -€17,871
- Tangible fixed assets -€9,871
down €9,871 (-41.6%), from €23,709 to €13,839
- Financial fixed assets -€3,200
down €3,200 (-81.1%), from €3,945 to €745
- Reserves +€36,948
new in 2025: €36,948
- Tax, wage and social debts +€14,515
up €14,515 (+18.1%), from €80,092 to €94,607
of which Remuneration and social security: +€16,001
- Profit (loss) carried forward +€12,929
no longer reported in 2025 (was -€12,929)
- Accrued charges and deferred income -€4,196
down €4,196 (-51.6%), from €8,126 to €3,930
- Trade debts +€2,819
up €2,819 (+41.3%), from €6,833 to €9,652
- Staff costs +€43,263
up €43,263 (+24.0%), from €180,106 to €223,370
- Gross operating margin +€39,367
up €39,367 (+13.6%), from €289,129 to €328,496
- Depreciation +€7,330
up €7,330 (+132%), from €5,541 to €12,871
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 | €115,099 | €179,337 | +€64,238 | +55.8% |
| Fixed assets | 21/28 | €27,654 | €14,584 | -€13,071 | -47.3% |
| Tangible fixed assets | 22/27 | €23,709 | €13,839 | -€9,871 | -41.6% |
| Furniture and vehicles | 24 | €23,709 | €13,839 | -€9,871 | -41.6% |
| Financial fixed assets | 28 | €3,945 | €745 | -€3,200 | -81.1% |
| Current assets | 29/58 | €87,445 | €164,753 | +€77,308 | +88.4% |
| Amounts receivable after more than one year | 29 | - | €27,639 | +€27,639 | |
| Other amounts receivable | 291 | - | €27,639 | +€27,639 | |
| Amounts receivable within one year | 40/41 | €49,836 | €38,512 | -€11,324 | -22.7% |
| Trade receivables | 40 | €26,591 | €8,720 | -€17,871 | -67.2% |
| Other amounts receivable | 41 | €23,245 | €29,792 | +€6,547 | +28.2% |
| Cash at bank and in hand | 54/58 | €37,399 | €97,493 | +€60,094 | +161% |
| Deferred charges and accrued income | 490/1 | €209 | €1,108 | +€899 | +430% |
| Total equity and liabilities | 10/49 | €115,099 | €179,337 | +€64,238 | +55.8% |
| Equity | 10/15 | €5,671 | €55,548 | +€49,877 | +880% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | - | €36,948 | +€36,948 | |
| Non-distributable reserves | 130/1 | - | €36,948 | +€36,948 | |
| Reserves not available under the articles | 1311 | - | €36,948 | +€36,948 | |
| Profit (loss) carried forward | 14 | -€12,929 | - | +€12,929 | |
| Amounts payable | 17/49 | €109,428 | €123,789 | +€14,361 | +13.1% |
| Amounts payable within one year | 42/48 | €101,302 | €119,859 | +€18,557 | +18.3% |
| Trade debts | 44 | €6,833 | €9,652 | +€2,819 | +41.3% |
| Suppliers | 440/4 | €6,833 | €9,652 | +€2,819 | +41.3% |
| Taxes, remuneration and social security | 45 | €80,092 | €94,607 | +€14,515 | +18.1% |
| Taxes | 450/3 | €57,816 | €56,329 | -€1,486 | -2.6% |
| Remuneration and social security | 454/9 | €22,276 | €38,277 | +€16,001 | +71.8% |
| Other amounts payable | 47/48 | €14,377 | €15,600 | +€1,223 | +8.5% |
| Accrued charges and deferred income | 492/3 | €8,126 | €3,930 | -€4,196 | -51.6% |
| Remuneration, social security and pensions | 62 | €180,106 | €223,370 | +€43,263 | +24.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,541 | €12,871 | +€7,330 | +132% |
| Other operating charges | 640/8 | €9,201 | €6,321 | -€2,880 | -31.3% |
| Gross operating margin | 9900 | €289,129 | €328,496 | +€39,367 | +13.6% |
| Operating profit (loss) | 9901 | €94,280 | €85,934 | -€8,346 | -8.9% |
| Financial income | 75/76B | €10 | €0 | -€10 | -99.9% |
| Recurring financial income | 75 | €10 | €0 | -€10 | -99.9% |
| Financial charges | 65/66B | €1,785 | €964 | -€821 | -46.0% |
| Recurring financial charges | 65 | €1,785 | €964 | -€821 | -46.0% |
| Profit (loss) for the period before taxes | 9903 | €92,506 | €84,970 | -€7,535 | -8.1% |
| Income taxes | 67/77 | €16,521 | €19,493 | +€2,973 | +18.0% |
| Profit (loss) for the period | 9904 | €75,985 | €65,477 | -€10,508 | -13.8% |
| Profit (loss) for the period to be appropriated | 9905 | €75,985 | €65,477 | -€10,508 | -13.8% |
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 28 October 2026 via checked.be.