GABINZI: 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.
GABINZI
Largest movements
- Cash +€97,041
up €97,041 (+269.6%), from €35,991 to €133,032
mainly Net result for the year (+€198,371) and Other debts (+€31,963)
- Tangible fixed assets +€36,641
up €36,641 (+476.3%), from €7,692 to €44,333
of which Furniture and vehicles: +€31,908
- Current investments -€21,669
down €21,669 (-37.8%), from €57,287 to €35,618
- Receivables within one year -€6,661
down €6,661 (-66.9%), from €9,961 to €3,300
of which Other amounts receivable: -€9,007
- Deferred charges and accrued income -€2,605
down €2,605 (-7.7%), from €33,859 to €31,254
- Profit (loss) carried forward +€48,371
up €48,371 (+6058.6%), from €798 to €49,170
- Other debts +€31,963
up €31,963 (+39.5%), from €80,816 to €112,779
- Debts after one year +€22,290
new in 2025: €22,290
- Tax, wage and social debts -€6,534
down €6,534 (-34.2%), from €19,127 to €12,594
of which Taxes: -€4,280
- Current portion of long-term debt +€6,252
new in 2025: €6,252
- Staff costs -€18,471
down €18,471 (-46.1%), from €40,079 to €21,607
- Financial income +€8,273
up €8,273 (+3598.5%), from €230 to €8,503
- Depreciation +€6,469
up €6,469 (+269.4%), from €2,401 to €8,870
- Gross operating margin +€2,906
up €2,906 (+1.0%), from €280,193 to €283,099
- Taxes -€2,832
down €2,832 (-4.6%), from €61,851 to €59,019
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 | €144,789 | €247,536 | +€102,747 | +71.0% |
| Fixed assets | 21/28 | €7,692 | €44,333 | +€36,641 | +476.3% |
| Tangible fixed assets | 22/27 | €7,692 | €44,333 | +€36,641 | +476.3% |
| Plant, machinery and equipment | 23 | - | €4,733 | +€4,733 | |
| Furniture and vehicles | 24 | €7,692 | €39,600 | +€31,908 | +414.8% |
| Current assets | 29/58 | €137,097 | €203,203 | +€66,106 | +48.2% |
| Amounts receivable within one year | 40/41 | €9,961 | €3,300 | -€6,661 | -66.9% |
| Trade receivables | 40 | €954 | €3,300 | +€2,346 | +245.8% |
| Other amounts receivable | 41 | €9,007 | - | -€9,007 | |
| Current investments | 50/53 | €57,287 | €35,618 | -€21,669 | -37.8% |
| Cash at bank and in hand | 54/58 | €35,991 | €133,032 | +€97,041 | +269.6% |
| Deferred charges and accrued income | 490/1 | €33,859 | €31,254 | -€2,605 | -7.7% |
| Total equity and liabilities | 10/49 | €144,789 | €247,536 | +€102,747 | +71.0% |
| Equity | 10/15 | €21,258 | €69,630 | +€48,371 | +227.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €798 | €49,170 | +€48,371 | +6058.6% |
| Amounts payable | 17/49 | €123,531 | €177,907 | +€54,376 | +44.0% |
| Amounts payable after more than one year | 17 | - | €22,290 | +€22,290 | |
| Financial debts | 170/4 | - | €22,290 | +€22,290 | |
| Amounts payable within one year | 42/48 | €102,014 | €133,470 | +€31,457 | +30.8% |
| Current portion of amounts payable after more than one year | 42 | - | €6,252 | +€6,252 | |
| Trade debts | 44 | €2,070 | €1,846 | -€224 | -10.8% |
| Suppliers | 440/4 | €2,070 | €1,846 | -€224 | -10.8% |
| Taxes, remuneration and social security | 45 | €19,127 | €12,594 | -€6,534 | -34.2% |
| Taxes | 450/3 | €13,150 | €8,870 | -€4,280 | -32.5% |
| Remuneration and social security | 454/9 | €5,978 | €3,724 | -€2,254 | -37.7% |
| Other amounts payable | 47/48 | €80,816 | €112,779 | +€31,963 | +39.5% |
| Accrued charges and deferred income | 492/3 | €21,517 | €22,146 | +€629 | +2.9% |
| Remuneration, social security and pensions | 62 | €40,079 | €21,607 | -€18,471 | -46.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,401 | €8,870 | +€6,469 | +269.4% |
| Other operating charges | 640/8 | €673 | €1,393 | +€721 | +107.1% |
| Gross operating margin | 9900 | €280,193 | €283,099 | +€2,906 | +1.0% |
| Operating profit (loss) | 9901 | €237,040 | €251,228 | +€14,188 | +6.0% |
| Financial income | 75/76B | €230 | €8,503 | +€8,273 | +3598.5% |
| Recurring financial income | 75 | €230 | €8,503 | +€8,273 | +3598.5% |
| Financial charges | 65/66B | €272 | €2,340 | +€2,068 | +761.0% |
| Recurring financial charges | 65 | €272 | €2,340 | +€2,068 | +761.0% |
| Profit (loss) for the period before taxes | 9903 | €236,998 | €257,391 | +€20,392 | +8.6% |
| Income taxes | 67/77 | €61,851 | €59,019 | -€2,832 | -4.6% |
| Profit (loss) for the period | 9904 | €175,147 | €198,371 | +€23,224 | +13.3% |
| Profit (loss) for the period to be appropriated | 9905 | €175,147 | €198,371 | +€23,224 | +13.3% |
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 8 October 2026 via checked.be.