DR GONTIER ARNAUD: 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.
DR GONTIER ARNAUD
Largest movements
- Receivables within one year +€42,750
up €42,750 (+35.5%), from €120,267 to €163,017
of which Other amounts receivable: +€35,366
- Deferred charges and accrued income +€20,595
up €20,595 (+175%), from €11,751 to €32,346
- Cash +€10,064
up €10,064 (+25.2%), from €39,969 to €50,034
mainly Net result for the year (+€74,611) and Depreciation (+€29,599)
- Tangible fixed assets -€7,996
down €7,996 (-6.0%), from €132,283 to €124,287
of which Furniture and vehicles: -€15,003
- Reserves +€74,611
up €74,611 (+45.4%), from €164,360 to €238,970
- Debts after one year -€22,077
down €22,077 (-22.0%), from €100,440 to €78,363
- Short-term financial debts +€6,992
up €6,992 (+206%), from €3,386 to €10,379
- Gross operating margin +€4,452
up €4,452 (+3.8%), from €116,768 to €121,219
- Other operating charges -€3,606
down €3,606 (-85.5%), from €4,217 to €611
- Depreciation +€2,954
up €2,954 (+11.1%), from €26,645 to €29,599
- Taxes +€2,346
up €2,346 (+13.2%), from €17,728 to €20,074
- Financial income +€1,898
up €1,898 (+31.5%), from €6,034 to €7,931
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 | €304,271 | €369,683 | +€65,412 | +21.5% |
| Fixed assets | 21/28 | €132,283 | €124,287 | -€7,996 | -6.0% |
| Tangible fixed assets | 22/27 | €132,283 | €124,287 | -€7,996 | -6.0% |
| Plant, machinery and equipment | 23 | €57,194 | €53,674 | -€3,520 | -6.2% |
| Furniture and vehicles | 24 | €75,089 | €60,086 | -€15,003 | -20.0% |
| Other tangible fixed assets | 26 | - | €10,527 | +€10,527 | |
| Current assets | 29/58 | €171,988 | €245,396 | +€73,409 | +42.7% |
| Amounts receivable within one year | 40/41 | €120,267 | €163,017 | +€42,750 | +35.5% |
| Trade receivables | 40 | €2,771 | €10,154 | +€7,383 | +266% |
| Other amounts receivable | 41 | €117,497 | €152,863 | +€35,366 | +30.1% |
| Cash at bank and in hand | 54/58 | €39,969 | €50,034 | +€10,064 | +25.2% |
| Deferred charges and accrued income | 490/1 | €11,751 | €32,346 | +€20,595 | +175% |
| Total equity and liabilities | 10/49 | €304,271 | €369,683 | +€65,412 | +21.5% |
| Equity | 10/15 | €169,160 | €243,770 | +€74,611 | +44.1% |
| Contributions | 10/11 | €4,800 | €4,800 | = | 0.0% |
| Reserves | 13 | €164,360 | €238,970 | +€74,611 | +45.4% |
| Distributable reserves | 133 | €164,360 | €238,970 | +€74,611 | +45.4% |
| Amounts payable | 17/49 | €135,111 | €125,913 | -€9,198 | -6.8% |
| Amounts payable after more than one year | 17 | €100,440 | €78,363 | -€22,077 | -22.0% |
| Financial debts | 170/4 | €100,440 | €78,363 | -€22,077 | -22.0% |
| Amounts payable within one year | 42/48 | €34,671 | €47,550 | +€12,879 | +37.1% |
| Current portion of amounts payable after more than one year | 42 | €21,367 | €22,077 | +€710 | +3.3% |
| Financial debts | 43 | €3,386 | €10,379 | +€6,992 | +206% |
| Credit institutions | 430/8 | €3,386 | €10,379 | +€6,992 | +206% |
| Trade debts | 44 | €7,250 | €10,239 | +€2,989 | +41.2% |
| Suppliers | 440/4 | €7,250 | €10,239 | +€2,989 | +41.2% |
| Taxes, remuneration and social security | 45 | €2,668 | €4,855 | +€2,188 | +82.0% |
| Taxes | 450/3 | €2,668 | €4,855 | +€2,188 | +82.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €12,732 | €0 | -€12,732 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,645 | €29,599 | +€2,954 | +11.1% |
| Other operating charges | 640/8 | €4,217 | €611 | -€3,606 | -85.5% |
| Gross operating margin | 9900 | €116,768 | €121,219 | +€4,452 | +3.8% |
| Operating profit (loss) | 9901 | €85,906 | €91,010 | +€5,103 | +5.9% |
| Financial income | 75/76B | €6,034 | €7,931 | +€1,898 | +31.5% |
| Recurring financial income | 75 | €6,034 | €7,931 | +€1,898 | +31.5% |
| Financial charges | 65/66B | €4,073 | €4,256 | +€183 | +4.5% |
| Recurring financial charges | 65 | €4,073 | €4,256 | +€183 | +4.5% |
| Profit (loss) for the period before taxes | 9903 | €87,867 | €94,685 | +€6,818 | +7.8% |
| Income taxes | 67/77 | €17,728 | €20,074 | +€2,346 | +13.2% |
| Profit (loss) for the period | 9904 | €70,139 | €74,611 | +€4,472 | +6.4% |
| Profit (loss) for the period to be appropriated | 9905 | €70,139 | €74,611 | +€4,472 | +6.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.