GABOS: 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.
GABOS
Largest movements
- Tangible fixed assets -€47,338
down €47,338 (-10.2%), from €463,610 to €416,272
of which Land and buildings: -€26,901
- Cash +€27,175
up €27,175 (+44.3%), from €61,304 to €88,479
mainly Depreciation (+€47,338) and Net result for the year (+€2,914)
- Other debts -€21,835
down €21,835 (-5.9%), from €369,020 to €347,186
- Gross operating margin +€8,139
up €8,139 (+14.9%), from €54,530 to €62,669
- Depreciation -€6,058
down €6,058 (-11.3%), from €53,396 to €47,338
- Taxes +€3,310
up €3,310 (+148.6%), from €2,228 to €5,538
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 | €527,043 | €506,210 | -€20,833 | -4.0% |
| Fixed assets | 21/28 | €463,610 | €416,272 | -€47,338 | -10.2% |
| Tangible fixed assets | 22/27 | €463,610 | €416,272 | -€47,338 | -10.2% |
| Land and buildings | 22 | €414,278 | €387,377 | -€26,901 | -6.5% |
| Plant, machinery and equipment | 23 | €8,539 | €6,456 | -€2,083 | -24.4% |
| Furniture and vehicles | 24 | €40,793 | €22,439 | -€18,355 | -45.0% |
| Current assets | 29/58 | €63,433 | €89,938 | +€26,505 | +41.8% |
| Current investments | 50/53 | €269 | €269 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €61,304 | €88,479 | +€27,175 | +44.3% |
| Deferred charges and accrued income | 490/1 | €1,860 | €1,190 | -€671 | -36.0% |
| Total equity and liabilities | 10/49 | €527,043 | €506,210 | -€20,833 | -4.0% |
| Equity | 10/15 | €149,157 | €152,071 | +€2,914 | +2.0% |
| Contributions | 10/11 | €245,018 | €245,018 | = | 0.0% |
| Capital | 10 | €245,018 | €245,018 | = | 0.0% |
| Issued capital | 100 | €245,018 | €245,018 | = | 0.0% |
| Reserves | 13 | €1,873 | €1,873 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,873 | €1,873 | = | 0.0% |
| Legal reserve | 130 | €1,873 | €1,873 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€97,734 | -€94,820 | +€2,914 | +3.0% |
| Amounts payable | 17/49 | €377,886 | €354,139 | -€23,747 | -6.3% |
| Amounts payable within one year | 42/48 | €377,886 | €354,139 | -€23,747 | -6.3% |
| Current portion of amounts payable after more than one year | 42 | €4,086 | €0 | -€4,086 | -100.0% |
| Trade debts | 44 | €663 | €1,416 | +€753 | +113.6% |
| Suppliers | 440/4 | €663 | €1,416 | +€753 | +113.6% |
| Taxes, remuneration and social security | 45 | €4,118 | €5,538 | +€1,420 | +34.5% |
| Taxes | 450/3 | €4,118 | €5,538 | +€1,420 | +34.5% |
| Other amounts payable | 47/48 | €369,020 | €347,186 | -€21,835 | -5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,396 | €47,338 | -€6,058 | -11.3% |
| Other operating charges | 640/8 | €6,761 | €6,771 | +€10 | +0.1% |
| Gross operating margin | 9900 | €54,530 | €62,669 | +€8,139 | +14.9% |
| Operating profit (loss) | 9901 | -€5,627 | €8,560 | +€14,187 | |
| Financial income | 75/76B | €3 | €3 | +€0 | +1.0% |
| Recurring financial income | 75 | €3 | €3 | +€0 | +1.0% |
| Financial charges | 65/66B | €72 | €112 | +€40 | +54.6% |
| Recurring financial charges | 65 | €72 | €112 | +€40 | +54.6% |
| Profit (loss) for the period before taxes | 9903 | -€5,696 | €8,451 | +€14,148 | |
| Income taxes | 67/77 | €2,228 | €5,538 | +€3,310 | +148.6% |
| Profit (loss) for the period | 9904 | -€7,924 | €2,914 | +€10,838 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,924 | €2,914 | +€10,838 |
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 29 September 2026 via checked.be.