GINDEROP: 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.
What changed
GINDEROP
NACE 47.279, Other retail sale of food
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€16,805
2024 · -€34,066+€17,260
Equity
-€151,780
2024 · -€134,974-€16,805
Cash
€25,767
2024 · €24,020+€1,747
Balance sheet total
€2.2m
2024 · €2.3m-€61,381
Largest movements
Assets
- Tangible fixed assets -€74,080
down €74,080 (-4.0%), from €1.9m to €1.8m
Equity and liabilities
- Other debts -€43,203
down €43,203 (-2.5%), from €1.7m to €1.7m
Income statement
- Gross operating margin +€17,868
up €17,868 (+31.9%), from €56,016 to €73,884
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.
Result 2024
-€34,066
Gross operating margin
+€17,868
Depreciation
+€124
Other operating charges
-€668
Financial income
-€24
Financial charges
-€12
Taxes
-€28
Result 2025
-€16,805
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.
From operations
+€14,747
Investment
-€13,000
Financing
€0
Cash 2024
€24,020
From operations (derived)
+€14,747
Net result for the year
-€16,805
Depreciation
+€74,080
Receivables within one year
+€1,278
Deferred charges and accrued income
+€770
Trade debts
-€914
Other debts
-€43,203
Accrued charges and deferred income
-€459
Investment (derived)
-€13,000
Current investments
-€13,000
Cash 2025
€25,767
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,287,453 | €2,226,072 | -€61,381 | -2.7% |
| Fixed assets | 21/28 | €1,872,384 | €1,798,305 | -€74,080 | -4.0% |
| Tangible fixed assets | 22/27 | €1,872,384 | €1,798,305 | -€74,080 | -4.0% |
| Land and buildings | 22 | €1,872,384 | €1,798,305 | -€74,080 | -4.0% |
| Current assets | 29/58 | €415,068 | €427,767 | +€12,699 | +3.1% |
| Amounts receivable within one year | 40/41 | €1,278 | - | -€1,278 | |
| Trade receivables | 40 | €1,251 | - | -€1,251 | |
| Other amounts receivable | 41 | €28 | - | -€28 | |
| Current investments | 50/53 | €389,000 | €402,000 | +€13,000 | +3.3% |
| Cash at bank and in hand | 54/58 | €24,020 | €25,767 | +€1,747 | +7.3% |
| Deferred charges and accrued income | 490/1 | €770 | - | -€770 | |
| Total equity and liabilities | 10/49 | €2,287,453 | €2,226,072 | -€61,381 | -2.7% |
| Equity | 10/15 | -€134,974 | -€151,780 | -€16,805 | -12.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,211 | €1,211 | = | 0.0% |
| Distributable reserves | 133 | €1,211 | €1,211 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€148,585 | -€165,390 | -€16,805 | -11.3% |
| Amounts payable | 17/49 | €2,422,427 | €2,377,851 | -€44,576 | -1.8% |
| Amounts payable after more than one year | 17 | €725,000 | €725,000 | = | 0.0% |
| Financial debts | 170/4 | €725,000 | €725,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,696,968 | €1,652,851 | -€44,116 | -2.6% |
| Trade debts | 44 | €914 | - | -€914 | |
| Suppliers | 440/4 | €914 | - | -€914 | |
| Other amounts payable | 47/48 | €1,696,054 | €1,652,851 | -€43,203 | -2.5% |
| Accrued charges and deferred income | 492/3 | €459 | - | -€459 | |
| Non-recurring operating income | 76A | €5,934 | - | -€5,934 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €74,204 | €74,080 | -€124 | -0.2% |
| Other operating charges | 640/8 | €3,030 | €3,699 | +€668 | +22.1% |
| Gross operating margin | 9900 | €56,016 | €73,884 | +€17,868 | +31.9% |
| Operating profit (loss) | 9901 | -€21,218 | -€3,894 | +€17,324 | +81.6% |
| Financial income | 75/76B | €92 | €68 | -€24 | -26.4% |
| Recurring financial income | 75 | €92 | €68 | -€24 | -26.4% |
| Financial charges | 65/66B | €12,967 | €12,979 | +€12 | +0.1% |
| Recurring financial charges | 65 | €12,967 | €12,979 | +€12 | +0.1% |
| Profit (loss) for the period before taxes | 9903 | -€34,093 | -€16,805 | +€17,288 | +50.7% |
| Income taxes | 67/77 | -€28 | - | +€28 | |
| Profit (loss) for the period | 9904 | -€34,066 | -€16,805 | +€17,260 | +50.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€34,066 | -€16,805 | +€17,260 | +50.7% |
Source: filed annual accounts (NBB), financial years ended 30 April 2024 and 30 April 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.