GABARI: 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.
GABARI
Largest movements
- Receivables within one year +€139,123
up €139,123 (+35.3%), from €394,597 to €533,720
of which Trade receivables: +€208,651
- Deferred charges and accrued income +€34,464
up €34,464 (+534.1%), from €6,453 to €40,917
- Tangible fixed assets -€14,263
down €14,263 (-54.8%), from €26,049 to €11,786
of which Furniture and vehicles: -€11,817
- Intangible fixed assets -€12,600
down €12,600 (-22.2%), from €56,700 to €44,100
- Short-term financial debts +€110,737
up €110,737 (+408.9%), from €27,082 to €137,819
- Profit (loss) carried forward +€67,788
up €67,788 (+48.5%), from -€139,850 to -€72,062
- Current portion of long-term debt -€61,474
down €61,474 (-54.8%), from €112,222 to €50,748
- Tax, wage and social debts +€21,805
up €21,805 (+51.9%), from €42,031 to €63,836
of which Remuneration and social security: +€54,372
- Trade debts +€14,449
up €14,449 (+3.5%), from €407,413 to €421,862
- Gross operating margin +€327,679
up €327,679 (+184.7%), from €177,454 to €505,133
- Staff costs +€88,942
up €88,942 (+29.1%), from €305,231 to €394,173
- Financial charges +€9,712
up €9,712 (+112.3%), from €8,648 to €18,360
- Depreciation +€8,391
up €8,391 (+83.0%), from €10,109 to €18,500
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €498,876 | €649,903 | +€151,027 | +30.3% |
| Fixed assets | 21/28 | €82,749 | €55,886 | -€26,863 | -32.5% |
| Intangible fixed assets | 21 | €56,700 | €44,100 | -€12,600 | -22.2% |
| Tangible fixed assets | 22/27 | €26,049 | €11,786 | -€14,263 | -54.8% |
| Plant, machinery and equipment | 23 | €5,371 | €2,925 | -€2,446 | -45.5% |
| Furniture and vehicles | 24 | €20,678 | €8,861 | -€11,817 | -57.1% |
| Current assets | 29/58 | €416,127 | €594,017 | +€177,890 | +42.7% |
| Amounts receivable within one year | 40/41 | €394,597 | €533,720 | +€139,123 | +35.3% |
| Trade receivables | 40 | €324,399 | €533,050 | +€208,651 | +64.3% |
| Other amounts receivable | 41 | €70,198 | €670 | -€69,528 | -99.0% |
| Cash at bank and in hand | 54/58 | €15,077 | €19,380 | +€4,303 | +28.5% |
| Deferred charges and accrued income | 490/1 | €6,453 | €40,917 | +€34,464 | +534.1% |
| Total equity and liabilities | 10/49 | €498,876 | €649,903 | +€151,027 | +30.3% |
| Equity | 10/15 | -€117,850 | -€50,062 | +€67,788 | +57.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Outside capital | 11 | €20,000 | €20,000 | = | 0.0% |
| Other | 1109/19 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€139,850 | -€72,062 | +€67,788 | +48.5% |
| Amounts payable | 17/49 | €616,726 | €699,965 | +€83,239 | +13.5% |
| Amounts payable within one year | 42/48 | €604,226 | €699,965 | +€95,739 | +15.8% |
| Current portion of amounts payable after more than one year | 42 | €112,222 | €50,748 | -€61,474 | -54.8% |
| Financial debts | 43 | €27,082 | €137,819 | +€110,737 | +408.9% |
| Credit institutions | 430/8 | €27,082 | €137,819 | +€110,737 | +408.9% |
| Trade debts | 44 | €407,413 | €421,862 | +€14,449 | +3.5% |
| Suppliers | 440/4 | €407,413 | €421,862 | +€14,449 | +3.5% |
| Taxes, remuneration and social security | 45 | €42,031 | €63,836 | +€21,805 | +51.9% |
| Taxes | 450/3 | €42,031 | €9,464 | -€32,567 | -77.5% |
| Remuneration and social security | 454/9 | - | €54,372 | +€54,372 | |
| Other amounts payable | 47/48 | €15,478 | €25,700 | +€10,222 | +66.0% |
| Accrued charges and deferred income | 492/3 | €12,500 | - | -€12,500 | |
| Remuneration, social security and pensions | 62 | €305,231 | €394,173 | +€88,942 | +29.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,109 | €18,500 | +€8,391 | +83.0% |
| Other operating charges | 640/8 | €1,609 | €5,982 | +€4,373 | +271.8% |
| Gross operating margin | 9900 | €177,454 | €505,133 | +€327,679 | +184.7% |
| Operating profit (loss) | 9901 | -€139,495 | €86,478 | +€225,973 | |
| Financial income | 75/76B | €1,285 | - | -€1,285 | |
| Recurring financial income | 75 | €1,285 | - | -€1,285 | |
| Financial charges | 65/66B | €8,648 | €18,360 | +€9,712 | +112.3% |
| Recurring financial charges | 65 | €8,648 | €18,360 | +€9,712 | +112.3% |
| Profit (loss) for the period before taxes | 9903 | -€146,858 | €68,118 | +€214,976 | |
| Income taxes | 67/77 | €371 | €330 | -€41 | -11.1% |
| Profit (loss) for the period | 9904 | -€147,229 | €67,788 | +€215,017 | |
| Profit (loss) for the period to be appropriated | 9905 | -€147,229 | €67,788 | +€215,017 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.