GAB & OS: 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.
GAB & OS
Largest movements
- Receivables within one year +€52,224
up €52,224 (+81.9%), from €63,795 to €116,020
of which Other amounts receivable: +€47,082
- Cash +€5,567
up €5,567 (+15,420%), from €36 to €5,603
mainly Net result for the year (+€50,769) and Tax, wage and social debts (+€34,623)
- Stocks and contracts -€2,884
down €2,884 (-35.3%), from €8,163 to €5,279
- Reserves +€40,669
new in 2025: €40,669
- Tax, wage and social debts +€34,623
up €34,623 (+9,146%), from €379 to €35,002
- Trade debts -€11,389
down €11,389 (-48.6%), from €23,427 to €12,038
- Debts after one year -€10,392
down €10,392 (-26.4%), from €39,415 to €29,023
- Profit (loss) carried forward +€10,100
no longer reported in 2025 (was -€10,100)
- Gross operating margin +€64,488
up €64,488 (+473%), from €13,648 to €78,136
- Taxes +€16,475
up €16,475 (+9,021%), from €183 to €16,658
- Other operating charges +€9,104
up €9,104 (+1,085%), from €839 to €9,943
- Financial charges -€2,366
down €2,366 (-34.7%), from €6,826 to €4,459
- Financial income +€2,188
up €2,188 (+105%), from €2,080 to €4,267
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 | €74,791 | €129,124 | +€54,333 | +72.6% |
| Fixed assets | 21/28 | €2,796 | €2,222 | -€574 | -20.5% |
| Tangible fixed assets | 22/27 | €2,796 | €2,222 | -€574 | -20.5% |
| Plant, machinery and equipment | 23 | €2,796 | €2,222 | -€574 | -20.5% |
| Current assets | 29/58 | €71,995 | €126,902 | +€54,907 | +76.3% |
| Stocks and contracts in progress | 3 | €8,163 | €5,279 | -€2,884 | -35.3% |
| Stocks | 30/36 | €8,163 | €5,279 | -€2,884 | -35.3% |
| Amounts receivable within one year | 40/41 | €63,795 | €116,020 | +€52,224 | +81.9% |
| Trade receivables | 40 | €11,737 | €16,880 | +€5,142 | +43.8% |
| Other amounts receivable | 41 | €52,058 | €99,140 | +€47,082 | +90.4% |
| Cash at bank and in hand | 54/58 | €36 | €5,603 | +€5,567 | +15,420% |
| Total equity and liabilities | 10/49 | €74,791 | €129,124 | +€54,333 | +72.6% |
| Equity | 10/15 | -€8,100 | €42,669 | +€50,769 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | - | €40,669 | +€40,669 | |
| Distributable reserves | 133 | - | €40,669 | +€40,669 | |
| Profit (loss) carried forward | 14 | -€10,100 | - | +€10,100 | |
| Amounts payable | 17/49 | €82,891 | €86,455 | +€3,564 | +4.3% |
| Amounts payable after more than one year | 17 | €39,415 | €29,023 | -€10,392 | -26.4% |
| Financial debts | 170/4 | €39,415 | €29,023 | -€10,392 | -26.4% |
| Amounts payable within one year | 42/48 | €43,476 | €57,432 | +€13,956 | +32.1% |
| Current portion of amounts payable after more than one year | 42 | €9,670 | €10,392 | +€721 | +7.5% |
| Trade debts | 44 | €23,427 | €12,038 | -€11,389 | -48.6% |
| Suppliers | 440/4 | €23,427 | €12,038 | -€11,389 | -48.6% |
| Taxes, remuneration and social security | 45 | €379 | €35,002 | +€34,623 | +9,146% |
| Taxes | 450/3 | €379 | €35,002 | +€34,623 | +9,146% |
| Other amounts payable | 47/48 | €10,000 | - | -€10,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €785 | €574 | -€210 | -26.8% |
| Other operating charges | 640/8 | €839 | €9,943 | +€9,104 | +1,085% |
| Gross operating margin | 9900 | €13,648 | €78,136 | +€64,488 | +473% |
| Operating profit (loss) | 9901 | €12,024 | €67,618 | +€55,595 | +462% |
| Financial income | 75/76B | €2,080 | €4,267 | +€2,188 | +105% |
| Recurring financial income | 75 | €2,080 | €4,267 | +€2,188 | +105% |
| Financial charges | 65/66B | €6,826 | €4,459 | -€2,366 | -34.7% |
| Recurring financial charges | 65 | €6,826 | €4,459 | -€2,366 | -34.7% |
| Profit (loss) for the period before taxes | 9903 | €7,278 | €67,427 | +€60,148 | +826% |
| Income taxes | 67/77 | €183 | €16,658 | +€16,475 | +9,021% |
| Profit (loss) for the period | 9904 | €7,096 | €50,769 | +€43,673 | +615% |
| Profit (loss) for the period to be appropriated | 9905 | €7,096 | €50,769 | +€43,673 | +615% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.