GABIDAZ: 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.
GABIDAZ
Largest movements
- Current investments +€84,036
up €84,036 (+38.1%), from €220,372 to €304,408
- Tangible fixed assets -€23,070
down €23,070 (-26.2%), from €87,939 to €64,869
of which Furniture and vehicles: -€22,596
- Receivables after one year -€21,234
no longer reported in 2025 (was €21,234)
- Cash +€16,388
up €16,388 (+4,184%), from €392 to €16,780
mainly Net result for the year (+€56,255) and Depreciation (+€32,031)
- Reserves +€56,255
up €56,255 (+19.0%), from €295,600 to €351,855
- Other debts -€8,408
down €8,408 (-83.4%), from €10,086 to €1,678
- Tax, wage and social debts +€4,493
up €4,493 (+45.0%), from €9,978 to €14,471
- Gross operating margin -€32,421
down €32,421 (-22.0%), from €147,438 to €115,017
- Taxes -€10,163
down €10,163 (-26.7%), from €38,131 to €27,968
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.
Derived cash bridge
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 | €374,881 | €429,048 | +€54,167 | +14.4% |
| Fixed assets | 21/28 | €87,939 | €64,869 | -€23,070 | -26.2% |
| Tangible fixed assets | 22/27 | €87,939 | €64,869 | -€23,070 | -26.2% |
| Land and buildings | 22 | €4,071 | €3,597 | -€474 | -11.7% |
| Furniture and vehicles | 24 | €83,868 | €61,272 | -€22,596 | -26.9% |
| Current assets | 29/58 | €286,942 | €364,179 | +€77,237 | +26.9% |
| Amounts receivable after more than one year | 29 | €21,234 | - | -€21,234 | |
| Other amounts receivable | 291 | €21,234 | - | -€21,234 | |
| Amounts receivable within one year | 40/41 | €43,223 | €40,560 | -€2,663 | -6.2% |
| Trade receivables | 40 | €43,223 | €40,560 | -€2,663 | -6.2% |
| Current investments | 50/53 | €220,372 | €304,408 | +€84,036 | +38.1% |
| Cash at bank and in hand | 54/58 | €392 | €16,780 | +€16,388 | +4,184% |
| Deferred charges and accrued income | 490/1 | €1,722 | €2,432 | +€710 | +41.3% |
| Total equity and liabilities | 10/49 | €374,881 | €429,048 | +€54,167 | +14.4% |
| Equity | 10/15 | €345,600 | €401,855 | +€56,255 | +16.3% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €295,600 | €351,855 | +€56,255 | +19.0% |
| Distributable reserves | 133 | €295,600 | €351,855 | +€56,255 | +19.0% |
| Amounts payable | 17/49 | €29,281 | €27,193 | -€2,088 | -7.1% |
| Amounts payable within one year | 42/48 | €29,281 | €27,193 | -€2,088 | -7.1% |
| Trade debts | 44 | €9,216 | €11,043 | +€1,827 | +19.8% |
| Suppliers | 440/4 | €9,216 | €11,043 | +€1,827 | +19.8% |
| Taxes, remuneration and social security | 45 | €9,978 | €14,471 | +€4,493 | +45.0% |
| Taxes | 450/3 | €9,978 | €14,471 | +€4,493 | +45.0% |
| Other amounts payable | 47/48 | €10,086 | €1,678 | -€8,408 | -83.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,749 | €32,031 | +€282 | +0.9% |
| Other operating charges | 640/8 | €777 | €853 | +€76 | +9.8% |
| Non-recurring operating charges | 66A | €161 | - | -€161 | |
| Gross operating margin | 9900 | €147,438 | €115,017 | -€32,421 | -22.0% |
| Operating profit (loss) | 9901 | €114,752 | €82,133 | -€32,618 | -28.4% |
| Financial income | 75/76B | €1,092 | €2,195 | +€1,104 | +101% |
| Recurring financial income | 75 | €1,092 | €2,195 | +€1,104 | +101% |
| Financial charges | 65/66B | €60 | €106 | +€46 | +76.2% |
| Recurring financial charges | 65 | €60 | €106 | +€46 | +76.2% |
| Profit (loss) for the period before taxes | 9903 | €115,783 | €84,223 | -€31,560 | -27.3% |
| Income taxes | 67/77 | €38,131 | €27,968 | -€10,163 | -26.7% |
| Profit (loss) for the period | 9904 | €77,652 | €56,255 | -€21,397 | -27.6% |
| Profit (loss) for the period to be appropriated | 9905 | €77,652 | €56,255 | -€21,397 | -27.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.