GDBA: 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.
GDBA
Largest movements
- Cash +€117,004
up €117,004 (+43.1%), from €271,695 to €388,699
mainly Net result for the year (+€91,342) and Tax, wage and social debts (+€24,707)
- Tangible fixed assets -€4,979
down €4,979 (-25.2%), from €19,738 to €14,759
- Reserves +€91,342
up €91,342 (+36.8%), from €248,155 to €339,498
of which Distributable reserves: +€91,342
- Tax, wage and social debts +€24,707
up €24,707 (+40.7%), from €60,778 to €85,484
of which Taxes: +€24,707
- Debts after one year -€4,500
down €4,500 (-33.3%), from €13,500 to €9,000
No income-statement line moved by more than 1% of the activity.
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 | €333,628 | €445,983 | +€112,355 | +33.7% |
| Fixed assets | 21/28 | €19,830 | €14,851 | -€4,979 | -25.1% |
| Tangible fixed assets | 22/27 | €19,738 | €14,759 | -€4,979 | -25.2% |
| Furniture and vehicles | 24 | €19,738 | €14,759 | -€4,979 | -25.2% |
| Financial fixed assets | 28 | €93 | €93 | = | 0.0% |
| Current assets | 29/58 | €313,797 | €431,131 | +€117,334 | +37.4% |
| Amounts receivable within one year | 40/41 | €41,656 | €41,803 | +€147 | +0.4% |
| Other amounts receivable | 41 | €41,656 | €41,803 | +€147 | +0.4% |
| Cash at bank and in hand | 54/58 | €271,695 | €388,699 | +€117,004 | +43.1% |
| Deferred charges and accrued income | 490/1 | €446 | €630 | +€184 | +41.1% |
| Total equity and liabilities | 10/49 | €333,628 | €445,983 | +€112,355 | +33.7% |
| Equity | 10/15 | €254,355 | €345,698 | +€91,342 | +35.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €248,155 | €339,498 | +€91,342 | +36.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €246,295 | €337,638 | +€91,342 | +37.1% |
| Amounts payable | 17/49 | €79,272 | €100,285 | +€21,013 | +26.5% |
| Amounts payable after more than one year | 17 | €13,500 | €9,000 | -€4,500 | -33.3% |
| Financial debts | 170/4 | €13,500 | €9,000 | -€4,500 | -33.3% |
| Amounts payable within one year | 42/48 | €65,772 | €91,285 | +€25,513 | +38.8% |
| Current portion of amounts payable after more than one year | 42 | €4,500 | €4,500 | = | 0.0% |
| Trade debts | 44 | €494 | €1,301 | +€806 | +163% |
| Suppliers | 440/4 | €494 | €1,301 | +€806 | +163% |
| Taxes, remuneration and social security | 45 | €60,778 | €85,484 | +€24,707 | +40.7% |
| Taxes | 450/3 | €57,778 | €82,484 | +€24,707 | +42.8% |
| Remuneration and social security | 454/9 | €3,000 | €3,000 | = | 0.0% |
| Non-recurring operating income | 76A | €1,239 | - | -€1,239 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,052 | €4,979 | -€73 | -1.5% |
| Other operating charges | 640/8 | €231 | €1,303 | +€1,072 | +463% |
| Gross operating margin | 9900 | €139,434 | €138,869 | -€565 | -0.4% |
| Operating profit (loss) | 9901 | €134,151 | €132,587 | -€1,564 | -1.2% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €750 | €752 | +€2 | +0.3% |
| Recurring financial charges | 65 | €750 | €752 | +€2 | +0.3% |
| Profit (loss) for the period before taxes | 9903 | €133,401 | €131,835 | -€1,565 | -1.2% |
| Income taxes | 67/77 | €41,255 | €40,493 | -€762 | -1.8% |
| Profit (loss) for the period | 9904 | €92,146 | €91,342 | -€804 | -0.9% |
| Profit (loss) for the period to be appropriated | 9905 | €92,146 | €91,342 | -€804 | -0.9% |
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.