GéDoc: 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.
GéDoc
Largest movements
- Cash +€26,489
up €26,489 (+28.3%), from €93,596 to €120,085
mainly Net result for the year (+€20,137) and Deferred charges and accrued income (+€15,824)
- Deferred charges and accrued income -€15,824
down €15,824 (-29.0%), from €54,636 to €38,812
- Receivables within one year +€5,199
up €5,199 (+135.1%), from €3,849 to €9,048
- Profit (loss) carried forward +€20,137
up €20,137 (+14.0%), from €143,511 to €163,648
- Tax, wage and social debts -€3,135
no longer reported in 2025 (was €3,135)
- Trade debts -€2,612
down €2,612 (-52.8%), from €4,945 to €2,333
- Other debts +€2,457
up €2,457 (+122.5%), from €2,005 to €4,462
- Gross operating margin -€23,036
down €23,036 (-44.6%), from €51,664 to €28,628
- Taxes -€5,149
down €5,149 (-46.4%), from €11,101 to €5,952
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.
Cash bridge derived
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 | €156,596 | €173,443 | +€16,846 | +10.8% |
| Fixed assets | 21/28 | €4,515 | €5,498 | +€983 | +21.8% |
| Tangible fixed assets | 22/27 | €4,515 | €5,498 | +€983 | +21.8% |
| Furniture and vehicles | 24 | €4,515 | €5,498 | +€983 | +21.8% |
| Current assets | 29/58 | €152,081 | €167,945 | +€15,864 | +10.4% |
| Amounts receivable within one year | 40/41 | €3,849 | €9,048 | +€5,199 | +135.1% |
| Other amounts receivable | 41 | €3,849 | €9,048 | +€5,199 | +135.1% |
| Cash at bank and in hand | 54/58 | €93,596 | €120,085 | +€26,489 | +28.3% |
| Deferred charges and accrued income | 490/1 | €54,636 | €38,812 | -€15,824 | -29.0% |
| Total equity and liabilities | 10/49 | €156,596 | €173,443 | +€16,846 | +10.8% |
| Equity | 10/15 | €146,511 | €166,648 | +€20,137 | +13.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €143,511 | €163,648 | +€20,137 | +14.0% |
| Amounts payable | 17/49 | €10,085 | €6,795 | -€3,290 | -32.6% |
| Amounts payable within one year | 42/48 | €10,085 | €6,795 | -€3,290 | -32.6% |
| Trade debts | 44 | €4,945 | €2,333 | -€2,612 | -52.8% |
| Suppliers | 440/4 | €4,945 | €2,333 | -€2,612 | -52.8% |
| Taxes, remuneration and social security | 45 | €3,135 | - | -€3,135 | |
| Remuneration and social security | 454/9 | €3,135 | - | -€3,135 | |
| Other amounts payable | 47/48 | €2,005 | €4,462 | +€2,457 | +122.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €801 | €1,100 | +€299 | +37.4% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €51,664 | €28,628 | -€23,036 | -44.6% |
| Operating profit (loss) | 9901 | €50,475 | €27,128 | -€23,348 | -46.3% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,299 | €1,040 | -€259 | -19.9% |
| Recurring financial charges | 65 | €1,299 | €1,040 | -€259 | -19.9% |
| Profit (loss) for the period before taxes | 9903 | €49,177 | €26,089 | -€23,088 | -46.9% |
| Income taxes | 67/77 | €11,101 | €5,952 | -€5,149 | -46.4% |
| Profit (loss) for the period | 9904 | €38,076 | €20,137 | -€17,939 | -47.1% |
| Profit (loss) for the period to be appropriated | 9905 | €38,076 | €20,137 | -€17,939 | -47.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.