Griet Verdoodt: 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.
Griet Verdoodt
Largest movements
- Cash +€12,109
up €12,109 (+98.5%), from €12,294 to €24,403
mainly Depreciation (+€11,226) and Net result for the year (+€11,025)
- Tangible fixed assets -€9,997
down €9,997 (-26.1%), from €38,266 to €28,269
of which Leasing and similar rights: -€9,653
- Receivables within one year -€7,088
down €7,088 (-66.4%), from €10,680 to €3,592
of which Other amounts receivable: -€6,765
- Current portion of long-term debt -€8,584
down €8,584 (-44.7%), from €19,186 to €10,602
- Reserves +€8,400
up €8,400 (+37.3%), from €22,500 to €30,900
- Debts after one year -€8,037
down €8,037 (-64.5%), from €12,453 to €4,416
- Profit (loss) carried forward +€2,625
up €2,625, from -€2,624 to €1
- Gross operating margin +€27,802
up €27,802 (+9,158%), from €304 to €28,106
- Taxes +€2,684
up €2,684 (+458%), from €587 to €3,271
- Other operating charges +€1,758
new in 2025: €1,758
- Financial charges -€540
down €540 (-39.5%), from €1,366 to €826
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 | €61,602 | €56,640 | -€4,963 | -8.1% |
| Fixed assets | 21/28 | €38,266 | €28,269 | -€9,997 | -26.1% |
| Tangible fixed assets | 22/27 | €38,266 | €28,269 | -€9,997 | -26.1% |
| Plant, machinery and equipment | 23 | €2,834 | €2,495 | -€338 | -11.9% |
| Furniture and vehicles | 24 | €2,508 | €2,502 | -€6 | -0.2% |
| Leasing and similar rights | 25 | €32,924 | €23,272 | -€9,653 | -29.3% |
| Current assets | 29/58 | €23,336 | €28,371 | +€5,034 | +21.6% |
| Amounts receivable within one year | 40/41 | €10,680 | €3,592 | -€7,088 | -66.4% |
| Trade receivables | 40 | €322 | - | -€322 | |
| Other amounts receivable | 41 | €10,358 | €3,592 | -€6,765 | -65.3% |
| Cash at bank and in hand | 54/58 | €12,294 | €24,403 | +€12,109 | +98.5% |
| Deferred charges and accrued income | 490/1 | €362 | €375 | +€13 | +3.5% |
| Total equity and liabilities | 10/49 | €61,602 | €56,640 | -€4,963 | -8.1% |
| Equity | 10/15 | €24,876 | €35,901 | +€11,025 | +44.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €22,500 | €30,900 | +€8,400 | +37.3% |
| Distributable reserves | 133 | €22,500 | €30,900 | +€8,400 | +37.3% |
| Profit (loss) carried forward | 14 | -€2,624 | €1 | +€2,625 | |
| Amounts payable | 17/49 | €36,727 | €20,739 | -€15,988 | -43.5% |
| Amounts payable after more than one year | 17 | €12,453 | €4,416 | -€8,037 | -64.5% |
| Financial debts | 170/4 | €12,453 | €4,416 | -€8,037 | -64.5% |
| Amounts payable within one year | 42/48 | €24,274 | €16,324 | -€7,950 | -32.8% |
| Current portion of amounts payable after more than one year | 42 | €19,186 | €10,602 | -€8,584 | -44.7% |
| Trade debts | 44 | €27 | €231 | +€204 | +761% |
| Suppliers | 440/4 | €27 | €231 | +€204 | +761% |
| Taxes, remuneration and social security | 45 | €5,061 | €5,490 | +€429 | +8.5% |
| Taxes | 450/3 | €1,933 | €2,350 | +€418 | +21.6% |
| Remuneration and social security | 454/9 | €3,128 | €3,140 | +€12 | +0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,103 | €11,226 | +€123 | +1.1% |
| Other operating charges | 640/8 | - | €1,758 | +€1,758 | |
| Gross operating margin | 9900 | €304 | €28,106 | +€27,802 | +9,158% |
| Operating profit (loss) | 9901 | -€10,799 | €15,121 | +€25,920 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -87.5% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -87.5% |
| Financial charges | 65/66B | €1,366 | €826 | -€540 | -39.5% |
| Recurring financial charges | 65 | €1,366 | €826 | -€540 | -39.5% |
| Profit (loss) for the period before taxes | 9903 | -€12,164 | €14,296 | +€26,460 | |
| Income taxes | 67/77 | €587 | €3,271 | +€2,684 | +458% |
| Profit (loss) for the period | 9904 | -€12,751 | €11,025 | +€23,776 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,751 | €11,025 | +€23,776 |
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 27 October 2026 via checked.be.