AB GARE: 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.
AB GARE
Largest movements
- Tangible fixed assets +€13,471
up €13,471 (+7.2%), from €186,684 to €200,156
- Cash +€6,222
up €6,222 (+635.4%), from €979 to €7,201
mainly Other debts (+€22,529) and Trade debts (+€13,764)
- Receivables within one year +€5,518
new in 2025: €5,518
- Other debts +€22,529
up €22,529 (+16.3%), from €138,634 to €161,164
- Trade debts +€13,764
up €13,764 (+747.7%), from €1,841 to €15,605
- Profit (loss) carried forward -€11,051
down €11,051 (-20.9%), from -€52,843 to -€63,894
- Gross operating margin -€1,090
down €1,090 (-33.0%), from -€3,307 to -€4,397
- Depreciation +€328
up €328 (+5.2%), from €6,283 to €6,611
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 | €237,664 | €262,875 | +€25,211 | +10.6% |
| Fixed assets | 21/28 | €236,684 | €250,156 | +€13,471 | +5.7% |
| Tangible fixed assets | 22/27 | €186,684 | €200,156 | +€13,471 | +7.2% |
| Land and buildings | 22 | €186,684 | €200,156 | +€13,471 | +7.2% |
| Financial fixed assets | 28 | €50,000 | €50,000 | = | 0.0% |
| Current assets | 29/58 | €979 | €12,719 | +€11,740 | +1198.9% |
| Amounts receivable within one year | 40/41 | - | €5,518 | +€5,518 | |
| Other amounts receivable | 41 | - | €5,518 | +€5,518 | |
| Cash at bank and in hand | 54/58 | €979 | €7,201 | +€6,222 | +635.4% |
| Total equity and liabilities | 10/49 | €237,664 | €262,875 | +€25,211 | +10.6% |
| Equity | 10/15 | €97,157 | €86,106 | -€11,051 | -11.4% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Capital | 10 | €150,000 | €150,000 | = | 0.0% |
| Issued capital | 100 | €150,000 | €150,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€52,843 | -€63,894 | -€11,051 | -20.9% |
| Amounts payable | 17/49 | €140,507 | €176,769 | +€36,262 | +25.8% |
| Amounts payable within one year | 42/48 | €140,507 | €176,769 | +€36,262 | +25.8% |
| Trade debts | 44 | €1,841 | €15,605 | +€13,764 | +747.7% |
| Suppliers | 440/4 | €1,841 | €15,605 | +€13,764 | +747.7% |
| Taxes, remuneration and social security | 45 | €32 | - | -€32 | |
| Taxes | 450/3 | €32 | - | -€32 | |
| Other amounts payable | 47/48 | €138,634 | €161,164 | +€22,529 | +16.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,283 | €6,611 | +€328 | +5.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €42 | +€42 | |
| Gross operating margin | 9900 | -€3,307 | -€4,397 | -€1,090 | -33.0% |
| Operating profit (loss) | 9901 | -€9,591 | -€11,051 | -€1,460 | -15.2% |
| Financial charges | 65/66B | €42 | - | -€42 | |
| Recurring financial charges | 65 | €42 | - | -€42 | |
| Profit (loss) for the period before taxes | 9903 | -€9,633 | -€11,051 | -€1,418 | -14.7% |
| Profit (loss) for the period | 9904 | -€9,633 | -€11,051 | -€1,418 | -14.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,633 | -€11,051 | -€1,418 | -14.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.