GABLO: 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.
GABLO
Largest movements
- Receivables within one year -€24,031
no longer reported in 2025 (was €24,031)
- Tangible fixed assets -€19,293
down €19,293 (-8.5%), from €226,592 to €207,299
of which Land and buildings: -€17,090
- Debts after one year -€24,229
down €24,229 (-16.8%), from €144,465 to €120,236
- Tax, wage and social debts -€22,477
no longer reported in 2025 (was €22,477)
- Trade debts -€4,786
down €4,786 (-99.5%), from €4,810 to €24
- Other debts +€4,776
up €4,776 (+597.0%), from €800 to €5,576
- Profit (loss) carried forward +€4,680
up €4,680 (+92.3%), from -€5,071 to -€391
- Gross operating margin +€9,190
up €9,190 (+41.1%), from €22,365 to €31,555
- Financial charges -€442
down €442 (-6.7%), from €6,592 to €6,150
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 | €250,817 | €209,674 | -€41,142 | -16.4% |
| Fixed assets | 21/28 | €226,592 | €207,299 | -€19,293 | -8.5% |
| Tangible fixed assets | 22/27 | €226,592 | €207,299 | -€19,293 | -8.5% |
| Land and buildings | 22 | €218,297 | €201,207 | -€17,090 | -7.8% |
| Plant, machinery and equipment | 23 | €8,294 | €6,091 | -€2,203 | -26.6% |
| Current assets | 29/58 | €24,225 | €2,376 | -€21,849 | -90.2% |
| Amounts receivable within one year | 40/41 | €24,031 | - | -€24,031 | |
| Other amounts receivable | 41 | €24,031 | - | -€24,031 | |
| Cash at bank and in hand | 54/58 | €194 | €2,309 | +€2,116 | +1091.7% |
| Deferred charges and accrued income | 490/1 | - | €66 | +€66 | |
| Total equity and liabilities | 10/49 | €250,817 | €209,674 | -€41,142 | -16.4% |
| Equity | 10/15 | €54,929 | €59,609 | +€4,680 | +8.5% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,071 | -€391 | +€4,680 | +92.3% |
| Amounts payable | 17/49 | €195,888 | €150,065 | -€45,822 | -23.4% |
| Amounts payable after more than one year | 17 | €144,465 | €120,236 | -€24,229 | -16.8% |
| Financial debts | 170/4 | €144,465 | €120,236 | -€24,229 | -16.8% |
| Amounts payable within one year | 42/48 | €51,422 | €29,829 | -€21,594 | -42.0% |
| Current portion of amounts payable after more than one year | 42 | €23,336 | €24,229 | +€893 | +3.8% |
| Trade debts | 44 | €4,810 | €24 | -€4,786 | -99.5% |
| Suppliers | 440/4 | €4,810 | €24 | -€4,786 | -99.5% |
| Taxes, remuneration and social security | 45 | €22,477 | - | -€22,477 | |
| Taxes | 450/3 | €22,477 | - | -€22,477 | |
| Other amounts payable | 47/48 | €800 | €5,576 | +€4,776 | +597.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,184 | €19,293 | +€109 | +0.6% |
| Other operating charges | 640/8 | €1,698 | €1,432 | -€266 | -15.7% |
| Gross operating margin | 9900 | €22,365 | €31,555 | +€9,190 | +41.1% |
| Operating profit (loss) | 9901 | €1,483 | €10,830 | +€9,347 | +630.5% |
| Financial income | 75/76B | €55 | €0 | -€55 | -99.9% |
| Recurring financial income | 75 | €55 | €0 | -€55 | -99.9% |
| Financial charges | 65/66B | €6,592 | €6,150 | -€442 | -6.7% |
| Recurring financial charges | 65 | €6,592 | €6,150 | -€442 | -6.7% |
| Profit (loss) for the period before taxes | 9903 | -€5,054 | €4,680 | +€9,735 | |
| Income taxes | 67/77 | €16 | - | -€16 | |
| Profit (loss) for the period | 9904 | -€5,071 | €4,680 | +€9,751 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,071 | €4,680 | +€9,751 |
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.