8 GATES: what changed
8 GATES
Largest movements
- Cash +€16,636
up €16,636 (+87.4%), from €19,040 to €35,676
mainly Receivables within one year (+€15,691) and Trade debts (+€15,267)
- Receivables within one year -€15,691
down €15,691 (-20.8%), from €75,437 to €59,747
of which Trade receivables: -€12,762
- Tangible fixed assets +€15,370
up €15,370 (+219%), from €7,029 to €22,399
- Trade debts +€15,267
up €15,267 (+86.6%), from €17,634 to €32,901
- Profit (loss) carried forward +€3,613
up €3,613 (+107%), from €3,386 to €6,999
- Current portion of long-term debt -€1,373
no longer reported in 2025 (was €1,373)
- Turnover -€377,587
no longer reported in 2025 (was €377,587)
- Purchases and services -€330,221
no longer reported in 2025 (was €330,221)
- Gross operating margin +€57,258
up €57,258 (+121%), from €47,367 to €104,624
- Staff costs +€48,321
up €48,321 (+127%), from €38,005 to €86,326
- Depreciation +€5,159
up €5,159 (+1,095%), from €471 to €5,630
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €110,506 | €126,822 | +€16,316 | +14.8% |
| Fixed assets | 21/28 | €16,029 | €31,399 | +€15,370 | +95.9% |
| Tangible fixed assets | 22/27 | €7,029 | €22,399 | +€15,370 | +219% |
| Furniture and vehicles | 24 | €7,029 | €22,399 | +€15,370 | +219% |
| Financial fixed assets | 28 | €9,000 | €9,000 | = | 0.0% |
| Current assets | 29/58 | €94,477 | €95,423 | +€946 | +1.0% |
| Amounts receivable within one year | 40/41 | €75,437 | €59,747 | -€15,691 | -20.8% |
| Trade receivables | 40 | €68,884 | €56,122 | -€12,762 | -18.5% |
| Other amounts receivable | 41 | €6,554 | €3,625 | -€2,929 | -44.7% |
| Cash at bank and in hand | 54/58 | €19,040 | €35,676 | +€16,636 | +87.4% |
| Total equity and liabilities | 10/49 | €110,506 | €126,822 | +€16,316 | +14.8% |
| Equity | 10/15 | €20,386 | €23,999 | +€3,613 | +17.7% |
| Contributions | 10/11 | €17,000 | €17,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,386 | €6,999 | +€3,613 | +107% |
| Amounts payable | 17/49 | €90,120 | €102,823 | +€12,703 | +14.1% |
| Amounts payable within one year | 42/48 | €90,120 | €102,823 | +€12,703 | +14.1% |
| Current portion of amounts payable after more than one year | 42 | €1,373 | - | -€1,373 | |
| Trade debts | 44 | €17,634 | €32,901 | +€15,267 | +86.6% |
| Suppliers | 440/4 | €17,634 | €32,901 | +€15,267 | +86.6% |
| Taxes, remuneration and social security | 45 | €15,616 | €15,513 | -€103 | -0.7% |
| Taxes | 450/3 | €15,616 | €15,513 | -€103 | -0.7% |
| Other amounts payable | 47/48 | €55,498 | €54,409 | -€1,089 | -2.0% |
| Turnover | 70 | €377,587 | - | -€377,587 | |
| Goods, raw materials, services and sundry goods | 60/61 | €330,221 | - | -€330,221 | |
| Remuneration, social security and pensions | 62 | €38,005 | €86,326 | +€48,321 | +127% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €471 | €5,630 | +€5,159 | +1,095% |
| Other operating charges | 640/8 | €5,405 | €6,420 | +€1,015 | +18.8% |
| Gross operating margin | 9900 | €47,367 | €104,624 | +€57,258 | +121% |
| Operating profit (loss) | 9901 | €3,486 | €6,248 | +€2,763 | +79.3% |
| Financial income | 75/76B | €75 | - | -€75 | |
| Recurring financial income | 75 | €75 | - | -€75 | |
| Financial charges | 65/66B | €174 | €1,201 | +€1,027 | +590% |
| Recurring financial charges | 65 | €174 | €1,201 | +€1,027 | +590% |
| Profit (loss) for the period before taxes | 9903 | €3,386 | €5,047 | +€1,661 | +49.1% |
| Income taxes | 67/77 | - | €1,434 | +€1,434 | |
| Profit (loss) for the period | 9904 | €3,386 | €3,613 | +€227 | +6.7% |
| Profit (loss) for the period to be appropriated | 9905 | €3,386 | €3,613 | +€227 | +6.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.