GABECON: 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.
GABECON
Largest movements
- Current assets +€2.6m
up €2.6m (+14.2%), from €18.4m to €21.0m
- Tangible fixed assets -€403,539
down €403,539 (-5.6%), from €7.2m to €6.8m
- Debts +€2.1m
up €2.1m (+11.4%), from €18.4m to €20.5m
of which Debts within one year: +€2.4m
- Turnover +€8.4m
up €8.4m (+22.2%), from €37.9m to €46.4m
From the 2014 result to the 2015 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2014 | 2015 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €25,732,187 | €27,920,911 | +€2.2m | +8.5% |
| Fixed assets | 21/28 | €7,319,703 | €6,889,458 | -€430,245 | -5.9% |
| Intangible fixed assets | 21 | €66,667 | €51,852 | -€14,815 | -22.2% |
| Tangible fixed assets | 22/27 | €7,166,171 | €6,762,632 | -€403,539 | -5.6% |
| Financial fixed assets | 28 | €86,864 | €74,974 | -€11,891 | -13.7% |
| Current assets | 29/58 | €18,412,484 | €21,031,453 | +€2.6m | +14.2% |
| Stocks and contracts in progress | 3 | €481,682 | €871,337 | +€389,655 | +80.9% |
| Amounts receivable within one year | 40/41 | €9,186,777 | €10,405,154 | +€1.2m | +13.3% |
| Cash at bank and in hand | 54/58 | €86,992 | €177,340 | +€90,349 | +103.9% |
| Total equity and liabilities | 10/49 | €25,732,187 | €27,920,911 | +€2.2m | +8.5% |
| Equity | 10/15 | €6,806,520 | €6,836,165 | +€29,645 | +0.4% |
| Contributions | 10/11 | €1,280,000 | €1,280,000 | = | 0.0% |
| Reserves | 13 | €911,520 | €941,165 | +€29,645 | +3.3% |
| Provisions and deferred taxes | 16 | €488,066 | €541,452 | +€53,385 | +10.9% |
| Amounts payable | 17/49 | €18,437,600 | €20,543,295 | +€2.1m | +11.4% |
| Amounts payable after more than one year | 17 | €589,155 | €384,335 | -€204,820 | -34.8% |
| Amounts payable within one year | 42/48 | €17,766,325 | €20,140,138 | +€2.4m | +13.4% |
| Trade debts | 44 | €10,291,903 | €12,411,402 | +€2.1m | +20.6% |
| Turnover | 70 | €37,926,753 | €46,354,678 | +€8.4m | +22.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €592,608 | €626,206 | +€33,599 | +5.7% |
| Operating profit (loss) | 9901 | €607,738 | €671,560 | +€63,822 | +10.5% |
| Recurring financial income | 75 | €124,186 | €87,683 | -€36,503 | -29.4% |
| Recurring financial charges | 65 | €508,790 | €523,084 | +€14,294 | +2.8% |
| Debt charges | 650 | €364,349 | €307,169 | -€57,180 | -15.7% |
| Profit (loss) for the period before taxes | 9903 | €233,348 | €239,821 | +€6,473 | +2.8% |
| Income taxes | 67/77 | €190,553 | €240,457 | +€49,904 | +26.2% |
| Profit (loss) for the period | 9904 | €62,438 | €29,645 | -€32,793 | -52.5% |
| Profit (loss) for the period to be appropriated | 9905 | €100,344 | €88,450 | -€11,894 | -11.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2014 and 31 December 2015. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.