AN VAN GASTEL: what changed
AN VAN GASTEL
Largest movements
- Receivables within one year -€51,332
down €51,332 (-53.7%), from €95,591 to €44,259
of which Other amounts receivable: -€68,701
- Cash -€4,216
down €4,216 (-26.5%), from €15,907 to €11,690
mainly Net result for the year (-€31,138) and Other debts (-€22,661)
- Deferred charges and accrued income +€1,235
new in 2025: €1,235
- Profit (loss) carried forward -€31,138
new in 2025: -€31,138
- Other debts -€22,661
down €22,661 (-79.2%), from €28,626 to €5,965
- Debts after one year +€17,000
new in 2025: €17,000
- Trade debts -€14,007
down €14,007 (-81.3%), from €17,233 to €3,225
- Tax, wage and social debts -€2,743
down €2,743 (-14.1%), from €19,471 to €16,728
of which Taxes: -€1,743
- Gross operating margin -€63,596
down €63,596, from €39,530 to -€24,066
- Taxes -€11,884
down €11,884 (-96.9%), from €12,265 to €381
- Financial income -€939
down €939 (-94.2%), from €997 to €57
- Other operating charges -€660
down €660 (-33.9%), from €1,948 to €1,288
- Financial charges +€466
up €466 (+10.6%), from €4,385 to €4,851
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 | €112,813 | €59,263 | -€53,550 | -47.5% |
| Fixed assets | 21/28 | €1,315 | €2,078 | +€763 | +58.0% |
| Tangible fixed assets | 22/27 | €1,315 | €2,078 | +€763 | +58.0% |
| Furniture and vehicles | 24 | €1,219 | €762 | -€457 | -37.5% |
| Other tangible fixed assets | 26 | €96 | €1,316 | +€1,220 | +1,270% |
| Current assets | 29/58 | €111,498 | €57,185 | -€54,313 | -48.7% |
| Amounts receivable within one year | 40/41 | €95,591 | €44,259 | -€51,332 | -53.7% |
| Trade receivables | 40 | €26,890 | €44,259 | +€17,369 | +64.6% |
| Other amounts receivable | 41 | €68,701 | - | -€68,701 | |
| Cash at bank and in hand | 54/58 | €15,907 | €11,690 | -€4,216 | -26.5% |
| Deferred charges and accrued income | 490/1 | - | €1,235 | +€1,235 | |
| Total equity and liabilities | 10/49 | €112,813 | €59,263 | -€53,550 | -47.5% |
| Equity | 10/15 | €46,233 | €15,095 | -€31,138 | -67.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €27,633 | €27,633 | = | 0.0% |
| Distributable reserves | 133 | €27,633 | €27,633 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€31,138 | -€31,138 | |
| Amounts payable | 17/49 | €66,580 | €44,168 | -€22,412 | -33.7% |
| Amounts payable after more than one year | 17 | - | €17,000 | +€17,000 | |
| Other amounts payable | 178/9 | - | €17,000 | +€17,000 | |
| Amounts payable within one year | 42/48 | €65,330 | €25,918 | -€39,412 | -60.3% |
| Trade debts | 44 | €17,233 | €3,225 | -€14,007 | -81.3% |
| Suppliers | 440/4 | €17,233 | €3,225 | -€14,007 | -81.3% |
| Taxes, remuneration and social security | 45 | €19,471 | €16,728 | -€2,743 | -14.1% |
| Taxes | 450/3 | €18,471 | €16,728 | -€1,743 | -9.4% |
| Remuneration and social security | 454/9 | €1,000 | - | -€1,000 | |
| Other amounts payable | 47/48 | €28,626 | €5,965 | -€22,661 | -79.2% |
| Accrued charges and deferred income | 492/3 | €1,250 | €1,250 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €596 | €610 | +€14 | +2.4% |
| Other operating charges | 640/8 | €1,948 | €1,288 | -€660 | -33.9% |
| Gross operating margin | 9900 | €39,530 | -€24,066 | -€63,596 | |
| Operating profit (loss) | 9901 | €36,986 | -€25,964 | -€62,951 | |
| Financial income | 75/76B | €997 | €57 | -€939 | -94.2% |
| Recurring financial income | 75 | €997 | €57 | -€939 | -94.2% |
| Financial charges | 65/66B | €4,385 | €4,851 | +€466 | +10.6% |
| Recurring financial charges | 65 | €4,385 | €4,851 | +€466 | +10.6% |
| Profit (loss) for the period before taxes | 9903 | €33,598 | -€30,757 | -€64,356 | |
| Income taxes | 67/77 | €12,265 | €381 | -€11,884 | -96.9% |
| Profit (loss) for the period | 9904 | €21,333 | -€31,138 | -€52,471 | |
| Profit (loss) for the period to be appropriated | 9905 | €21,333 | -€31,138 | -€52,471 |
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 2 November 2026 via checked.be.