GABRIEL: 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.
GABRIEL
Largest movements
- Tangible fixed assets -€6,648
down €6,648 (-82.1%), from €8,099 to €1,451
- Cash -€6,299
down €6,299 (-20.3%), from €31,073 to €24,774
mainly Net result for the year (-€9,031) and Receivables within one year (-€3,103)
- Receivables within one year +€3,103
up €3,103 (+2.4%), from €131,946 to €135,049
- Profit (loss) carried forward -€9,031
down €9,031 (-5.9%), from €153,878 to €144,847
- Financial income +€982
up €982 (+18.2%), from €5,400 to €6,383
- Gross operating margin +€673
up €673 (+7.4%), from -€9,106 to -€8,432
- Financial charges -€98
down €98 (-48.9%), from €200 to €102
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 | €174,707 | €165,130 | -€9,577 | -5.5% |
| Fixed assets | 21/28 | €9,586 | €2,938 | -€6,648 | -69.3% |
| Tangible fixed assets | 22/27 | €8,099 | €1,451 | -€6,648 | -82.1% |
| Furniture and vehicles | 24 | €8,099 | €1,451 | -€6,648 | -82.1% |
| Financial fixed assets | 28 | €1,487 | €1,487 | = | 0.0% |
| Current assets | 29/58 | €165,121 | €162,192 | -€2,929 | -1.8% |
| Amounts receivable within one year | 40/41 | €131,946 | €135,049 | +€3,103 | +2.4% |
| Other amounts receivable | 41 | €131,946 | €135,049 | +€3,103 | +2.4% |
| Cash at bank and in hand | 54/58 | €31,073 | €24,774 | -€6,299 | -20.3% |
| Deferred charges and accrued income | 490/1 | €2,102 | €2,370 | +€267 | +12.7% |
| Total equity and liabilities | 10/49 | €174,707 | €165,130 | -€9,577 | -5.5% |
| Equity | 10/15 | €170,859 | €161,828 | -€9,031 | -5.3% |
| Contributions | 10/11 | €15,122 | €15,122 | = | 0.0% |
| Outside capital | 11 | €15,122 | €15,122 | = | 0.0% |
| Other | 1109/19 | €15,122 | €15,122 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €153,878 | €144,847 | -€9,031 | -5.9% |
| Amounts payable | 17/49 | €3,848 | €3,303 | -€546 | -14.2% |
| Amounts payable within one year | 42/48 | €3,848 | €3,303 | -€546 | -14.2% |
| Current portion of amounts payable after more than one year | 42 | €1,277 | - | -€1,277 | |
| Trade debts | 44 | €53 | €774 | +€721 | +1354.0% |
| Suppliers | 440/4 | €53 | €774 | +€721 | +1354.0% |
| Taxes, remuneration and social security | 45 | €2,518 | €2,529 | +€11 | +0.4% |
| Taxes | 450/3 | €2,518 | €2,529 | +€11 | +0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,681 | €6,648 | -€33 | -0.5% |
| Gross operating margin | 9900 | -€9,106 | -€8,432 | +€673 | +7.4% |
| Operating profit (loss) | 9901 | -€15,786 | -€15,080 | +€706 | +4.5% |
| Financial income | 75/76B | €5,400 | €6,383 | +€982 | +18.2% |
| Recurring financial income | 75 | €5,400 | €6,383 | +€982 | +18.2% |
| Financial charges | 65/66B | €200 | €102 | -€98 | -48.9% |
| Recurring financial charges | 65 | €200 | €102 | -€98 | -48.9% |
| Profit (loss) for the period before taxes | 9903 | -€10,586 | -€8,800 | +€1,786 | +16.9% |
| Income taxes | 67/77 | €221 | €231 | +€11 | +4.8% |
| Profit (loss) for the period | 9904 | -€10,807 | -€9,031 | +€1,776 | +16.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,807 | -€9,031 | +€1,776 | +16.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.