GABBA DEVELOPMENT: 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.
GABBA DEVELOPMENT
Largest movements
- Tangible fixed assets -€6,388
down €6,388 (-61.0%), from €10,480 to €4,092
of which Furniture and vehicles: -€6,760
- Receivables within one year +€335
up €335 (+18.5%), from €1,813 to €2,148
- Profit (loss) carried forward -€57,109
down €57,109 (-139%), from -€40,980 to -€98,089
- Other debts +€54,952
up €54,952 (+158%), from €34,789 to €89,741
- Current portion of long-term debt -€3,832
down €3,832 (-58.3%), from €6,570 to €2,738
- Debts after one year -€2,738
down €2,738 (-100%), from €2,738 to €0
- Trade debts +€2,187
up €2,187 (+436%), from €502 to €2,689
- Gross operating margin -€22,712
down €22,712 (-111%), from -€20,433 to -€43,145
- Staff costs -€6,645
down €6,645 (-60.4%), from €10,996 to €4,351
- Taxes +€934
up €934, from -€384 to €550
- Depreciation +€635
up €635 (+9.0%), from €7,037 to €7,672
- Other operating charges +€625
up €625 (+81.6%), from €766 to €1,391
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €23,803 | €17,813 | -€5,990 | -25.2% |
| Fixed assets | 21/28 | €16,573 | €10,185 | -€6,388 | -38.5% |
| Tangible fixed assets | 22/27 | €10,480 | €4,092 | -€6,388 | -61.0% |
| Plant, machinery and equipment | 23 | €715 | €1,087 | +€372 | +52.0% |
| Furniture and vehicles | 24 | €9,765 | €3,005 | -€6,760 | -69.2% |
| Financial fixed assets | 28 | €6,093 | €6,093 | = | 0.0% |
| Current assets | 29/58 | €7,230 | €7,628 | +€398 | +5.5% |
| Stocks and contracts in progress | 3 | €817 | €817 | = | 0.0% |
| Stocks | 30/36 | €817 | €817 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,813 | €2,148 | +€335 | +18.5% |
| Other amounts receivable | 41 | €1,813 | €2,148 | +€335 | +18.5% |
| Cash at bank and in hand | 54/58 | €4,600 | €4,663 | +€63 | +1.4% |
| Total equity and liabilities | 10/49 | €23,803 | €17,813 | -€5,990 | -25.2% |
| Equity | 10/15 | -€22,380 | -€79,489 | -€57,109 | -255% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€40,980 | -€98,089 | -€57,109 | -139% |
| Amounts payable | 17/49 | €46,183 | €97,302 | +€51,119 | +111% |
| Amounts payable after more than one year | 17 | €2,738 | €0 | -€2,738 | -100% |
| Financial debts | 170/4 | €2,738 | €0 | -€2,738 | -100% |
| Amounts payable within one year | 42/48 | €43,445 | €97,302 | +€53,857 | +124% |
| Current portion of amounts payable after more than one year | 42 | €6,570 | €2,738 | -€3,832 | -58.3% |
| Trade debts | 44 | €502 | €2,689 | +€2,187 | +436% |
| Suppliers | 440/4 | €502 | €2,689 | +€2,187 | +436% |
| Taxes, remuneration and social security | 45 | €1,584 | €2,134 | +€550 | +34.7% |
| Taxes | 450/3 | €1,584 | €550 | -€1,034 | -65.3% |
| Remuneration and social security | 454/9 | - | €1,584 | +€1,584 | |
| Other amounts payable | 47/48 | €34,789 | €89,741 | +€54,952 | +158% |
| Remuneration, social security and pensions | 62 | €10,996 | €4,351 | -€6,645 | -60.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,037 | €7,672 | +€635 | +9.0% |
| Other operating charges | 640/8 | €766 | €1,391 | +€625 | +81.6% |
| Gross operating margin | 9900 | -€20,433 | -€43,145 | -€22,712 | -111% |
| Operating profit (loss) | 9901 | -€39,232 | -€56,559 | -€17,327 | -44.2% |
| Financial charges | 65/66B | €198 | - | -€198 | |
| Recurring financial charges | 65 | €198 | - | -€198 | |
| Profit (loss) for the period before taxes | 9903 | -€39,430 | -€56,559 | -€17,129 | -43.4% |
| Income taxes | 67/77 | -€384 | €550 | +€934 | |
| Profit (loss) for the period | 9904 | -€39,046 | -€57,109 | -€18,063 | -46.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€39,046 | -€57,109 | -€18,063 | -46.3% |
Source: filed annual accounts (NBB), financial years ended 31 March 2021 and 31 March 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.