B GABS: 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.
B GABS
Largest movements
- Cash -€186,309
down €186,309 (-51.7%), from €360,287 to €173,978
mainly Current investments (-€150,000) and Receivables within one year (-€105,066)
- Current investments +€150,000
new in 2025: €150,000
- Receivables within one year +€105,066
up €105,066 (+269%), from €39,124 to €144,190
of which Trade receivables: +€110,310
- Tangible fixed assets +€30,413
up €30,413 (+17.3%), from €176,299 to €206,712
of which Furniture and vehicles: +€33,139
- Other debts +€73,220
up €73,220 (+428%), from €17,100 to €90,320
- Reserves +€44,674
up €44,674 (+10.8%), from €411,893 to €456,568
- Debts after one year -€13,185
down €13,185 (-19.9%), from €66,138 to €52,953
- Financial charges +€15,721
up €15,721 (+47.3%), from €33,253 to €48,974
- Gross operating margin +€8,657
up €8,657 (+5.2%), from €168,022 to €176,680
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 | €576,585 | €675,754 | +€99,170 | +17.2% |
| Fixed assets | 21/28 | €176,299 | €206,712 | +€30,413 | +17.3% |
| Tangible fixed assets | 22/27 | €176,299 | €206,712 | +€30,413 | +17.3% |
| Land and buildings | 22 | €175,836 | €170,050 | -€5,786 | -3.3% |
| Furniture and vehicles | 24 | €462 | €33,601 | +€33,139 | +7,166% |
| Other tangible fixed assets | 26 | €0 | €3,060 | +€3,060 | |
| Current assets | 29/58 | €400,286 | €469,043 | +€68,757 | +17.2% |
| Amounts receivable within one year | 40/41 | €39,124 | €144,190 | +€105,066 | +269% |
| Trade receivables | 40 | €33,880 | €144,190 | +€110,310 | +326% |
| Other amounts receivable | 41 | €5,244 | €0 | -€5,244 | -100% |
| Current investments | 50/53 | - | €150,000 | +€150,000 | |
| Cash at bank and in hand | 54/58 | €360,287 | €173,978 | -€186,309 | -51.7% |
| Deferred charges and accrued income | 490/1 | €875 | €875 | = | 0.0% |
| Total equity and liabilities | 10/49 | €576,585 | €675,754 | +€99,170 | +17.2% |
| Equity | 10/15 | €424,293 | €468,968 | +€44,674 | +10.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €411,893 | €456,568 | +€44,674 | +10.8% |
| Distributable reserves | 133 | €411,893 | €456,568 | +€44,674 | +10.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €152,291 | €206,787 | +€54,495 | +35.8% |
| Amounts payable after more than one year | 17 | €66,138 | €52,953 | -€13,185 | -19.9% |
| Financial debts | 170/4 | €66,138 | €52,953 | -€13,185 | -19.9% |
| Amounts payable within one year | 42/48 | €86,153 | €153,834 | +€67,681 | +78.6% |
| Current portion of amounts payable after more than one year | 42 | €14,073 | €13,185 | -€888 | -6.3% |
| Trade debts | 44 | €1,093 | €2,782 | +€1,689 | +155% |
| Suppliers | 440/4 | €1,093 | €2,782 | +€1,689 | +155% |
| Taxes, remuneration and social security | 45 | €53,887 | €47,547 | -€6,340 | -11.8% |
| Taxes | 450/3 | €53,887 | €47,547 | -€6,340 | -11.8% |
| Other amounts payable | 47/48 | €17,100 | €90,320 | +€73,220 | +428% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | €3,000 | +€3,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,083 | €7,672 | -€411 | -5.1% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | - | = | |
| Other operating charges | 640/8 | €1,987 | €2,155 | +€169 | +8.5% |
| Gross operating margin | 9900 | €168,022 | €176,680 | +€8,657 | +5.2% |
| Operating profit (loss) | 9901 | €157,953 | €166,852 | +€8,899 | +5.6% |
| Financial income | 75/76B | €302 | €1,449 | +€1,147 | +380% |
| Recurring financial income | 75 | €302 | €1,449 | +€1,147 | +380% |
| Financial charges | 65/66B | €33,253 | €48,974 | +€15,721 | +47.3% |
| Recurring financial charges | 65 | €33,253 | €48,974 | +€15,721 | +47.3% |
| Profit (loss) for the period before taxes | 9903 | €125,002 | €119,327 | -€5,675 | -4.5% |
| Income taxes | 67/77 | €37,765 | €36,653 | -€1,112 | -2.9% |
| Profit (loss) for the period | 9904 | €87,238 | €82,674 | -€4,563 | -5.2% |
| Profit (loss) for the period to be appropriated | 9905 | €87,238 | €82,674 | -€4,563 | -5.2% |
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.