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GENERAL V: 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.

What changed

GENERAL V

BE 0476.513.290
NACE 14.210, Manufacture of outerwear
fiscal year 2025 against 2026filed annual accounts (NBB)
Net result for the year
€8,641
2025 · €5,062+€3,579
Equity
€1,157
2025 · €13,516-€12,359
Cash
€25,945
2025 · €23,946+€1,999
Balance sheet total
€30,836
2025 · €32,956-€2,120

Largest movements

2025 to 2026
Assets
  • Deferred charges and accrued income -€2,003

    no longer reported in 2026 (was €2,003)

  • Cash +€1,999

    up €1,999 (+8.3%), from €23,946 to €25,945

    mainly Net result for the year (+€8,641) and Other debts (+€6,660)

  • Receivables within one year -€1,916

    down €1,916 (-28.4%), from €6,755 to €4,839

    of which Trade receivables: -€1,477

Equity and liabilities
  • Profit (loss) carried forward -€12,359

    down €12,359 (-181.7%), from -€6,803 to -€19,162

  • Other debts +€6,660

    up €6,660 (+50.3%), from €13,231 to €19,890

  • Tax, wage and social debts +€3,915

    up €3,915 (+107.4%), from €3,646 to €7,562

    of which Taxes: +€6,417

  • Trade debts -€335

    down €335 (-13.1%), from €2,563 to €2,228

Income statement
  • Staff costs -€2,906

    down €2,906 (-13.8%), from €21,108 to €18,202

  • Gross operating margin -€1,902

    down €1,902 (-6.3%), from €30,284 to €28,382

From the 2025 result to the 2026 result

effect on the 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.

Result 2025 €5,062
Gross operating margin -€1,902
Staff costs +€2,906
Other operating charges -€29
Other operating items +€2,660
Financial income -€23
Financial charges -€33
Taxes +€0
Result 2026 €8,641

Cash bridge derived

cash 2025 to 2026

Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€22,999
Investment €0
Financing -€21,000
Cash 2025 €23,946
Net result for the year +€8,641
Stocks and contracts +€200
Receivables within one year +€1,916
Deferred charges and accrued income +€2,003
Trade debts -€335
Tax, wage and social debts +€3,915
Other debts +€6,660
Contributions, distributions and other -€21,000
Cash 2026 €25,945
Every line side by side 37 lines
Line Code 2025 2026 Change %
Total assets 20/58 €32,956 €30,836 -€2,120 -6.4%
Fixed assets 21/28 €52 €52 = 0.0%
Financial fixed assets 28 €52 €52 = 0.0%
Current assets 29/58 €32,904 €30,784 -€2,120 -6.4%
Stocks and contracts in progress 3 €200 - -€200
Stocks 30/36 €200 - -€200
Amounts receivable within one year 40/41 €6,755 €4,839 -€1,916 -28.4%
Trade receivables 40 €5,133 €3,656 -€1,477 -28.8%
Other amounts receivable 41 €1,622 €1,183 -€439 -27.1%
Cash at bank and in hand 54/58 €23,946 €25,945 +€1,999 +8.3%
Deferred charges and accrued income 490/1 €2,003 - -€2,003
Total equity and liabilities 10/49 €32,956 €30,836 -€2,120 -6.4%
Equity 10/15 €13,516 €1,157 -€12,359 -91.4%
Contributions 10/11 €20,319 €20,319 = 0.0%
Profit (loss) carried forward 14 -€6,803 -€19,162 -€12,359 -181.7%
Amounts payable 17/49 €19,440 €29,679 +€10,240 +52.7%
Amounts payable within one year 42/48 €19,440 €29,679 +€10,240 +52.7%
Trade debts 44 €2,563 €2,228 -€335 -13.1%
Suppliers 440/4 €2,563 €2,228 -€335 -13.1%
Taxes, remuneration and social security 45 €3,646 €7,562 +€3,915 +107.4%
Taxes 450/3 - €6,417 +€6,417
Remuneration and social security 454/9 €3,646 €1,144 -€2,502 -68.6%
Other amounts payable 47/48 €13,231 €19,890 +€6,660 +50.3%
Non-recurring operating income 76A €2,000 €2,588 +€588 +29.4%
Remuneration, social security and pensions 62 €21,108 €18,202 -€2,906 -13.8%
Other operating charges 640/8 €59 €88 +€29 +50.0%
Non-recurring operating charges 66A €3,964 €1,304 -€2,660 -67.1%
Gross operating margin 9900 €30,284 €28,382 -€1,902 -6.3%
Operating profit (loss) 9901 €5,153 €8,788 +€3,635 +70.5%
Financial income 75/76B €24 €1 -€23 -94.8%
Recurring financial income 75 €24 €1 -€23 -94.8%
Financial charges 65/66B €115 €149 +€33 +28.8%
Recurring financial charges 65 €115 €149 +€33 +28.8%
Profit (loss) for the period before taxes 9903 €5,062 €8,641 +€3,579 +70.7%
Income taxes 67/77 €0 €0 -€0 -51.7%
Profit (loss) for the period 9904 €5,062 €8,641 +€3,579 +70.7%
Profit (loss) for the period to be appropriated 9905 €5,062 €8,641 +€3,579 +70.7%

Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.