GILBERT VDB: 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.
GILBERT VDB
Largest movements
- Current investments -€100,000
down €100,000 (-100.0%), from €100,000 to €0
- Cash -€64,604
down €64,604 (-35.6%), from €181,290 to €116,685
mainly Tax, wage and social debts (-€89,071) and Contributions, distributions and other (-€65,000)
- Tangible fixed assets -€21,466
down €21,466 (-34.7%), from €61,819 to €40,354
- Tax, wage and social debts -€89,071
down €89,071 (-80.0%), from €111,292 to €22,221
- Other debts -€55,084
down €55,084 (-98.7%), from €55,799 to €715
- Reserves -€44,562
down €44,562 (-25.1%), from €177,645 to €133,083
- Turnover -€30,000
down €30,000 (-33.3%), from €90,000 to €60,000
- Taxes -€9,977
down €9,977 (-58.0%), from €17,190 to €7,213
of which Taxes: -€10,014
- Financial income -€6,440
down €6,440 (-90.8%), from €7,089 to €649
- Services and other goods +€3,244
up €3,244 (+31.9%), from €10,177 to €13,421
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 | €357,688 | €168,947 | -€188,741 | -52.8% |
| Fixed assets | 21/28 | €61,819 | €40,354 | -€21,466 | -34.7% |
| Tangible fixed assets | 22/27 | €61,819 | €40,354 | -€21,466 | -34.7% |
| Furniture and vehicles | 24 | €61,819 | €40,354 | -€21,466 | -34.7% |
| Current assets | 29/58 | €295,869 | €128,593 | -€167,275 | -56.5% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €12,174 | €9,457 | -€2,717 | -22.3% |
| Trade receivables | 40 | €12,174 | €8,957 | -€3,217 | -26.4% |
| Other amounts receivable | 41 | €0 | €500 | +€500 | |
| Current investments | 50/53 | €100,000 | €0 | -€100,000 | -100.0% |
| Other investments | 51/53 | €100,000 | €0 | -€100,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €181,290 | €116,685 | -€64,604 | -35.6% |
| Deferred charges and accrued income | 490/1 | €2,405 | €2,450 | +€46 | +1.9% |
| Total equity and liabilities | 10/49 | €357,688 | €168,947 | -€188,741 | -52.8% |
| Equity | 10/15 | €190,045 | €145,483 | -€44,562 | -23.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €177,645 | €133,083 | -€44,562 | -25.1% |
| Distributable reserves | 133 | €177,645 | €133,083 | -€44,562 | -25.1% |
| Amounts payable | 17/49 | €167,643 | €23,463 | -€144,179 | -86.0% |
| Amounts payable within one year | 42/48 | €167,140 | €22,936 | -€144,204 | -86.3% |
| Trade debts | 44 | €49 | €0 | -€49 | -100.0% |
| Suppliers | 440/4 | €49 | €0 | -€49 | -100.0% |
| Taxes, remuneration and social security | 45 | €111,292 | €22,221 | -€89,071 | -80.0% |
| Taxes | 450/3 | €111,292 | €22,221 | -€89,071 | -80.0% |
| Other amounts payable | 47/48 | €55,799 | €715 | -€55,084 | -98.7% |
| Accrued charges and deferred income | 492/3 | €503 | €528 | +€24 | +4.8% |
| Operating income | 70/76A | €93,099 | €62,895 | -€30,204 | -32.4% |
| Turnover | 70 | €90,000 | €60,000 | -€30,000 | -33.3% |
| Other operating income | 74 | €3,099 | €2,895 | -€204 | -6.6% |
| Operating charges | 60/66A | €32,146 | €35,424 | +€3,278 | +10.2% |
| Services and other goods | 61 | €10,177 | €13,421 | +€3,244 | +31.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,466 | €21,466 | = | 0.0% |
| Other operating charges | 640/8 | €503 | €538 | +€34 | +6.8% |
| Operating profit (loss) | 9901 | €60,953 | €27,471 | -€33,482 | -54.9% |
| Financial income | 75/76B | €7,089 | €649 | -€6,440 | -90.8% |
| Recurring financial income | 75 | €7,089 | €649 | -€6,440 | -90.8% |
| Income from current assets | 751 | €7,089 | €649 | -€6,440 | -90.8% |
| Financial charges | 65/66B | €482 | €469 | -€14 | -2.8% |
| Recurring financial charges | 65 | €482 | €469 | -€14 | -2.8% |
| Other financial charges | 652/9 | €482 | €469 | -€14 | -2.8% |
| Profit (loss) for the period before taxes | 9903 | €67,559 | €27,651 | -€39,909 | -59.1% |
| Income taxes | 67/77 | €17,190 | €7,213 | -€9,977 | -58.0% |
| Taxes | 670/3 | €17,227 | €7,213 | -€10,014 | -58.1% |
| Tax adjustments and reversals of tax provisions | 77 | €37 | €0 | -€37 | -100.0% |
| Profit (loss) for the period | 9904 | €50,370 | €20,438 | -€29,931 | -59.4% |
| Profit (loss) for the period to be appropriated | 9905 | €50,370 | €20,438 | -€29,931 | -59.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.