GDLMED: 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.
GDLMED
Largest movements
- Cash +€84,237
up €84,237 (+54.6%), from €154,265 to €238,502
mainly Net result for the year (+€83,174) and Trade debts (+€6,156)
- Profit (loss) carried forward +€83,174
up €83,174 (+6,101%), from €1,363 to €84,537
- Tax, wage and social debts -€6,535
down €6,535 (-20.8%), from €31,479 to €24,944
of which Taxes: -€6,535
- Trade debts +€6,156
up €6,156 (+453%), from €1,360 to €7,517
- Taxes -€6,535
down €6,535 (-23.3%), from €28,019 to €21,484
- Gross operating margin +€3,857
up €3,857 (+3.7%), from €103,407 to €107,264
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 | €166,223 | €249,205 | +€82,982 | +49.9% |
| Fixed assets | 21/28 | €2,324 | €1,543 | -€782 | -33.6% |
| Tangible fixed assets | 22/27 | €2,324 | €1,543 | -€782 | -33.6% |
| Furniture and vehicles | 24 | €2,324 | €1,543 | -€782 | -33.6% |
| Current assets | 29/58 | €163,899 | €247,662 | +€83,764 | +51.1% |
| Amounts receivable within one year | 40/41 | €7,108 | €6,366 | -€742 | -10.4% |
| Other amounts receivable | 41 | €7,108 | €6,366 | -€742 | -10.4% |
| Cash at bank and in hand | 54/58 | €154,265 | €238,502 | +€84,237 | +54.6% |
| Deferred charges and accrued income | 490/1 | €2,526 | €2,795 | +€269 | +10.7% |
| Total equity and liabilities | 10/49 | €166,223 | €249,205 | +€82,982 | +49.9% |
| Equity | 10/15 | €133,363 | €216,537 | +€83,174 | +62.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €129,000 | €129,000 | = | 0.0% |
| Distributable reserves | 133 | €129,000 | €129,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,363 | €84,537 | +€83,174 | +6,101% |
| Amounts payable | 17/49 | €32,860 | €32,668 | -€192 | -0.6% |
| Amounts payable within one year | 42/48 | €32,860 | €32,668 | -€192 | -0.6% |
| Trade debts | 44 | €1,360 | €7,517 | +€6,156 | +453% |
| Suppliers | 440/4 | €1,360 | €7,517 | +€6,156 | +453% |
| Taxes, remuneration and social security | 45 | €31,479 | €24,944 | -€6,535 | -20.8% |
| Taxes | 450/3 | €28,979 | €22,444 | -€6,535 | -22.6% |
| Remuneration and social security | 454/9 | €2,500 | €2,500 | = | 0.0% |
| Other amounts payable | 47/48 | €21 | €207 | +€187 | +898% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,604 | €1,884 | +€280 | +17.4% |
| Other operating charges | 640/8 | €220 | €620 | +€400 | +182% |
| Gross operating margin | 9900 | €103,407 | €107,264 | +€3,857 | +3.7% |
| Operating profit (loss) | 9901 | €101,583 | €104,761 | +€3,178 | +3.1% |
| Financial charges | 65/66B | €80 | €102 | +€22 | +27.4% |
| Recurring financial charges | 65 | €80 | €102 | +€22 | +27.4% |
| Profit (loss) for the period before taxes | 9903 | €101,503 | €104,658 | +€3,156 | +3.1% |
| Income taxes | 67/77 | €28,019 | €21,484 | -€6,535 | -23.3% |
| Profit (loss) for the period | 9904 | €73,483 | €83,174 | +€9,690 | +13.2% |
| Profit (loss) for the period to be appropriated | 9905 | €73,483 | €83,174 | +€9,690 | +13.2% |
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 16 October 2026 via checked.be.