Gaba: what changed
Two fiscal 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.
What changed
Gaba
NACE 47.110, Non-specialised retail sale with food, beverages or tobacco predominating
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€178,923
2024 · €119,595+€59,328
Equity
€1.3m
2024 · €1.2m+€178,923
Cash
€371,027
2024 · €255,392+€115,635
Balance sheet total
€2.2m
2024 · €2.1m+€36,365
Largest movements
Assets
- Cash +€115,635
up €115,635 (+45.3%), from €255,392 to €371,027
mainly Net result for the year (+€178,923) and Receivables within one year (+€89,799)
- Receivables within one year -€89,799
down €89,799 (-7.7%), from €1.2m to €1.1m
of which Trade receivables: -€79,261
Equity and liabilities
- Other debts -€212,063
no longer reported in 2025 (was €212,063)
- Reserves +€178,923
up €178,923 (+16.2%), from €1.1m to €1.3m
of which Distributable reserves: +€178,923
- Debts after one year +€23,746
up €23,746 (+5.1%), from €463,172 to €486,918
of which Financial debts: +€17,956
Income statement
- Staff costs -€40,060
down €40,060 (-8.1%), from €494,811 to €454,751
- Gross operating margin +€23,166
up €23,166 (+3.0%), from €775,372 to €798,538
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.
Result 2024
€119,595
Gross operating margin
+€23,166
Staff costs
+€40,060
Depreciation
+€6,489
Other operating charges
-€1,327
Financial income
-€5,752
Financial charges
+€14
Taxes
-€3,321
Result 2025
€178,923
Cash bridge derived
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.
From operations
+€136,291
Investment
-€53,081
Financing
+€32,425
Cash 2024
€255,392
From operations (derived)
+€136,291
Net result for the year
+€178,923
Depreciation
+€59,394
Stocks and contracts
-€18,879
Receivables within one year
+€89,799
Deferred charges and accrued income
+€2,037
Trade debts
+€19,158
Tax, wage and social debts
+€18,701
Other debts
-€212,063
Accrued charges and deferred income
-€778
Investment (derived)
-€53,081
Investment in fixed assets (net)
-€53,081
Financing
+€32,425
Debts after one year
+€23,746
Current portion of long-term debt
+€8,679
Cash 2025
€371,027
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,114,271 | €2,150,635 | +€36,365 | +1.7% |
| Fixed assets | 21/28 | €211,960 | €205,646 | -€6,313 | -3.0% |
| Tangible fixed assets | 22/27 | €211,960 | €205,646 | -€6,313 | -3.0% |
| Land and buildings | 22 | €93,286 | €83,849 | -€9,437 | -10.1% |
| Plant, machinery and equipment | 23 | €31,488 | €62,897 | +€31,409 | +99.7% |
| Furniture and vehicles | 24 | €5,834 | €2,794 | -€3,040 | -52.1% |
| Other tangible fixed assets | 26 | €81,352 | €56,107 | -€25,244 | -31.0% |
| Current assets | 29/58 | €1,902,311 | €1,944,989 | +€42,678 | +2.2% |
| Stocks and contracts in progress | 3 | €472,020 | €490,898 | +€18,879 | +4.0% |
| Stocks | 30/36 | €472,020 | €490,898 | +€18,879 | +4.0% |
| Amounts receivable within one year | 40/41 | €1,167,779 | €1,077,980 | -€89,799 | -7.7% |
| Trade receivables | 40 | €164,695 | €85,435 | -€79,261 | -48.1% |
| Other amounts receivable | 41 | €1,003,083 | €992,545 | -€10,538 | -1.1% |
| Cash at bank and in hand | 54/58 | €255,392 | €371,027 | +€115,635 | +45.3% |
| Deferred charges and accrued income | 490/1 | €7,120 | €5,083 | -€2,037 | -28.6% |
| Total equity and liabilities | 10/49 | €2,114,271 | €2,150,635 | +€36,365 | +1.7% |
| Equity | 10/15 | €1,168,538 | €1,347,461 | +€178,923 | +15.3% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Outside capital | 11 | €61,973 | €61,973 | = | 0.0% |
| Other | 1109/19 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €1,106,565 | €1,285,488 | +€178,923 | +16.2% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,197 | €6,197 | = | 0.0% |
| Tax-exempt reserves | 132 | €46,812 | €46,812 | = | 0.0% |
| Distributable reserves | 133 | €1,053,556 | €1,232,479 | +€178,923 | +17.0% |
| Amounts payable | 17/49 | €945,732 | €803,174 | -€142,558 | -15.1% |
| Amounts payable after more than one year | 17 | €463,172 | €486,918 | +€23,746 | +5.1% |
| Financial debts | 170/4 | €26,190 | €44,146 | +€17,956 | +68.6% |
| Trade debts | 175 | €435,082 | €440,872 | +€5,791 | +1.3% |
| Other amounts payable | 178/9 | €1,900 | €1,900 | = | 0.0% |
| Amounts payable within one year | 42/48 | €477,973 | €312,447 | -€165,526 | -34.6% |
| Current portion of amounts payable after more than one year | 42 | €72,222 | €80,900 | +€8,679 | +12.0% |
| Trade debts | 44 | €119,025 | €138,183 | +€19,158 | +16.1% |
| Suppliers | 440/4 | €119,025 | €138,183 | +€19,158 | +16.1% |
| Taxes, remuneration and social security | 45 | €74,662 | €93,363 | +€18,701 | +25.0% |
| Taxes | 450/3 | €4,735 | €23,207 | +€18,472 | +390.1% |
| Remuneration and social security | 454/9 | €69,927 | €70,156 | +€229 | +0.3% |
| Other amounts payable | 47/48 | €212,063 | - | -€212,063 | |
| Accrued charges and deferred income | 492/3 | €4,588 | €3,809 | -€778 | -17.0% |
| Remuneration, social security and pensions | 62 | €494,811 | €454,751 | -€40,060 | -8.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,883 | €59,394 | -€6,489 | -9.8% |
| Other operating charges | 640/8 | €18,760 | €20,087 | +€1,327 | +7.1% |
| Gross operating margin | 9900 | €775,372 | €798,538 | +€23,166 | +3.0% |
| Operating profit (loss) | 9901 | €195,918 | €264,306 | +€68,387 | +34.9% |
| Financial income | 75/76B | €5,752 | - | -€5,752 | |
| Recurring financial income | 75 | €5,752 | - | -€5,752 | |
| Financial charges | 65/66B | €21,931 | €21,917 | -€14 | -0.1% |
| Recurring financial charges | 65 | €21,931 | €21,917 | -€14 | -0.1% |
| Profit (loss) for the period before taxes | 9903 | €179,739 | €242,388 | +€62,649 | +34.9% |
| Income taxes | 67/77 | €60,144 | €63,465 | +€3,321 | +5.5% |
| Profit (loss) for the period | 9904 | €119,595 | €178,923 | +€59,328 | +49.6% |
| Profit (loss) for the period to be appropriated | 9905 | €119,595 | €178,923 | +€59,328 | +49.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.