GABASSI: what changed
GABASSI
Largest movements
- Receivables within one year +€10,007
up €10,007 (+1,108%), from €903 to €10,911
of which Other amounts receivable: +€7,814
- Cash +€2,464
up €2,464 (+5.9%), from €41,653 to €44,117
mainly Net result for the year (+€24,522) and Trade debts (+€8,668)
- Deferred charges and accrued income -€2,373
down €2,373 (-75.8%), from €3,131 to €758
- Tangible fixed assets -€2,207
down €2,207 (-1.8%), from €119,697 to €117,489
of which Land and buildings: -€1,738
- Reserves +€20,000
up €20,000 (+83.8%), from €23,860 to €43,860
- Other debts -€14,955
no longer reported in 2025 (was €14,955)
- Debts after one year -€10,419
down €10,419 (-12.6%), from €82,711 to €72,292
- Trade debts +€8,668
up €8,668 (+46.9%), from €18,483 to €27,151
- Current portion of long-term debt -€5,283
down €5,283 (-33.6%), from €15,702 to €10,419
- Gross operating margin -€20,391
down €20,391 (-18.0%), from €112,983 to €92,592
- Taxes -€9,532
down €9,532 (-51.5%), from €18,513 to €8,981
- Depreciation -€3,704
down €3,704 (-32.5%), from €11,412 to €7,707
- Financial charges -€1,782
down €1,782 (-34.6%), from €5,153 to €3,370
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 | €182,300 | €189,532 | +€7,232 | +4.0% |
| Fixed assets | 21/28 | €132,197 | €129,989 | -€2,207 | -1.7% |
| Tangible fixed assets | 22/27 | €119,697 | €117,489 | -€2,207 | -1.8% |
| Land and buildings | 22 | €118,153 | €116,415 | -€1,738 | -1.5% |
| Plant, machinery and equipment | 23 | €1,544 | €1,075 | -€469 | -30.4% |
| Financial fixed assets | 28 | €12,500 | €12,500 | = | 0.0% |
| Current assets | 29/58 | €50,103 | €59,543 | +€9,440 | +18.8% |
| Stocks and contracts in progress | 3 | €4,416 | €3,757 | -€659 | -14.9% |
| Stocks | 30/36 | €4,416 | €3,757 | -€659 | -14.9% |
| Amounts receivable within one year | 40/41 | €903 | €10,911 | +€10,007 | +1,108% |
| Trade receivables | 40 | - | €2,193 | +€2,193 | |
| Other amounts receivable | 41 | €903 | €8,718 | +€7,814 | +865% |
| Cash at bank and in hand | 54/58 | €41,653 | €44,117 | +€2,464 | +5.9% |
| Deferred charges and accrued income | 490/1 | €3,131 | €758 | -€2,373 | -75.8% |
| Total equity and liabilities | 10/49 | €182,300 | €189,532 | +€7,232 | +4.0% |
| Equity | 10/15 | €34,339 | €58,861 | +€24,522 | +71.4% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €23,860 | €43,860 | +€20,000 | +83.8% |
| Distributable reserves | 133 | €23,860 | €43,860 | +€20,000 | +83.8% |
| Profit (loss) carried forward | 14 | €10,478 | €15,000 | +€4,522 | +43.2% |
| Amounts payable | 17/49 | €147,961 | €130,671 | -€17,290 | -11.7% |
| Amounts payable after more than one year | 17 | €82,711 | €72,292 | -€10,419 | -12.6% |
| Financial debts | 170/4 | €82,711 | €72,292 | -€10,419 | -12.6% |
| Amounts payable within one year | 42/48 | €65,250 | €58,379 | -€6,871 | -10.5% |
| Current portion of amounts payable after more than one year | 42 | €15,702 | €10,419 | -€5,283 | -33.6% |
| Trade debts | 44 | €18,483 | €27,151 | +€8,668 | +46.9% |
| Suppliers | 440/4 | €18,483 | €27,151 | +€8,668 | +46.9% |
| Taxes, remuneration and social security | 45 | €16,111 | €20,810 | +€4,699 | +29.2% |
| Taxes | 450/3 | €2,409 | €9,337 | +€6,928 | +288% |
| Remuneration and social security | 454/9 | €13,702 | €11,473 | -€2,230 | -16.3% |
| Other amounts payable | 47/48 | €14,955 | - | -€14,955 | |
| Remuneration, social security and pensions | 62 | €45,651 | €44,843 | -€808 | -1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,412 | €7,707 | -€3,704 | -32.5% |
| Other operating charges | 640/8 | €3,085 | €3,169 | +€84 | +2.7% |
| Gross operating margin | 9900 | €112,983 | €92,592 | -€20,391 | -18.0% |
| Operating profit (loss) | 9901 | €52,836 | €36,873 | -€15,963 | -30.2% |
| Financial income | 75/76B | €80 | - | -€80 | |
| Recurring financial income | 75 | €80 | - | -€80 | |
| Financial charges | 65/66B | €5,153 | €3,370 | -€1,782 | -34.6% |
| Recurring financial charges | 65 | €5,153 | €3,370 | -€1,782 | -34.6% |
| Profit (loss) for the period before taxes | 9903 | €47,763 | €33,503 | -€14,260 | -29.9% |
| Income taxes | 67/77 | €18,513 | €8,981 | -€9,532 | -51.5% |
| Profit (loss) for the period | 9904 | €29,250 | €24,522 | -€4,728 | -16.2% |
| Profit (loss) for the period to be appropriated | 9905 | €29,250 | €24,522 | -€4,728 | -16.2% |
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 3 November 2026 via checked.be.