DE GASTENTAFEL: what changed
DE GASTENTAFEL
Largest movements
- Tangible fixed assets -€54,112
down €54,112 (-64.7%), from €83,600 to €29,488
of which Furniture and vehicles: -€50,684
- Cash +€6,638
up €6,638 (+9.9%), from €66,847 to €73,485
mainly Investment in fixed assets (net) (+€50,418) and Net result for the year (+€20,729)
- Contributions -€50,000
no longer reported in 2025 (was €50,000)
- Reserves +€20,729
up €20,729 (+16.8%), from €123,146 to €143,874
of which Distributable reserves: +€20,729
- Trade debts -€11,182
down €11,182 (-37.7%), from €29,652 to €18,471
- Tax, wage and social debts -€7,203
down €7,203 (-40.4%), from €17,828 to €10,625
of which Taxes: -€3,867
- Depreciation -€24,346
down €24,346 (-86.8%), from €28,040 to €3,694
- Gross operating margin -€20,643
down €20,643 (-18.7%), from €110,104 to €89,462
- Taxes -€5,944
down €5,944 (-35.9%), from €16,543 to €10,600
- Staff costs +€2,772
up €2,772 (+5.9%), from €47,280 to €50,052
- Financial charges +€1,498
up €1,498 (+110%), from €1,363 to €2,861
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 | €220,626 | €172,970 | -€47,655 | -21.6% |
| Fixed assets | 21/28 | €83,600 | €29,488 | -€54,112 | -64.7% |
| Tangible fixed assets | 22/27 | €83,600 | €29,488 | -€54,112 | -64.7% |
| Land and buildings | 22 | €25,137 | €22,551 | -€2,586 | -10.3% |
| Plant, machinery and equipment | 23 | €1,125 | €984 | -€141 | -12.5% |
| Furniture and vehicles | 24 | €52,145 | €1,461 | -€50,684 | -97.2% |
| Other tangible fixed assets | 26 | €5,193 | €4,492 | -€700 | -13.5% |
| Current assets | 29/58 | €137,026 | €143,482 | +€6,456 | +4.7% |
| Amounts receivable within one year | 40/41 | €5,178 | €4,541 | -€637 | -12.3% |
| Trade receivables | 40 | €3,937 | €1,654 | -€2,283 | -58.0% |
| Other amounts receivable | 41 | €1,241 | €2,887 | +€1,645 | +133% |
| Current investments | 50/53 | €65,000 | €65,456 | +€456 | +0.7% |
| Cash at bank and in hand | 54/58 | €66,847 | €73,485 | +€6,638 | +9.9% |
| Total equity and liabilities | 10/49 | €220,626 | €172,970 | -€47,655 | -21.6% |
| Equity | 10/15 | €173,146 | €143,874 | -€29,271 | -16.9% |
| Contributions | 10/11 | €50,000 | - | -€50,000 | |
| Capital | 10 | €50,000 | - | -€50,000 | |
| Issued capital | 100 | €50,000 | - | -€50,000 | |
| Reserves | 13 | €123,146 | €143,874 | +€20,729 | +16.8% |
| Non-distributable reserves | 130/1 | €5,000 | €5,000 | = | 0.0% |
| Legal reserve | 130 | €5,000 | €5,000 | = | 0.0% |
| Distributable reserves | 133 | €118,146 | €138,874 | +€20,729 | +17.5% |
| Amounts payable | 17/49 | €47,480 | €29,096 | -€18,384 | -38.7% |
| Amounts payable within one year | 42/48 | €47,480 | €29,096 | -€18,384 | -38.7% |
| Trade debts | 44 | €29,652 | €18,471 | -€11,182 | -37.7% |
| Suppliers | 440/4 | €29,652 | €18,471 | -€11,182 | -37.7% |
| Taxes, remuneration and social security | 45 | €17,828 | €10,625 | -€7,203 | -40.4% |
| Taxes | 450/3 | €11,453 | €7,586 | -€3,867 | -33.8% |
| Remuneration and social security | 454/9 | €6,375 | €3,039 | -€3,335 | -52.3% |
| Remuneration, social security and pensions | 62 | €47,280 | €50,052 | +€2,772 | +5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,040 | €3,694 | -€24,346 | -86.8% |
| Other operating charges | 640/8 | €2,933 | €2,869 | -€64 | -2.2% |
| Gross operating margin | 9900 | €110,104 | €89,462 | -€20,643 | -18.7% |
| Operating profit (loss) | 9901 | €31,851 | €32,847 | +€995 | +3.1% |
| Financial income | 75/76B | €2,155 | €1,343 | -€812 | -37.7% |
| Recurring financial income | 75 | €2,155 | €1,343 | -€812 | -37.7% |
| Financial charges | 65/66B | €1,363 | €2,861 | +€1,498 | +110% |
| Recurring financial charges | 65 | €1,363 | €2,861 | +€1,498 | +110% |
| Profit (loss) for the period before taxes | 9903 | €32,643 | €31,328 | -€1,315 | -4.0% |
| Income taxes | 67/77 | €16,543 | €10,600 | -€5,944 | -35.9% |
| Profit (loss) for the period | 9904 | €16,100 | €20,729 | +€4,629 | +28.7% |
| Profit (loss) for the period to be appropriated | 9905 | €16,100 | €20,729 | +€4,629 | +28.7% |
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 2 November 2026 via checked.be.