Gabriel Europe Engineering Centre: 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.
Gabriel Europe Engineering Centre
Largest movements
- Tangible fixed assets +€190,151
up €190,151 (+253%), from €75,299 to €265,450
of which Other tangible fixed assets: +€109,877
- Cash -€51,057
down €51,057 (-38.5%), from €132,784 to €81,727
mainly Investment in fixed assets (net) (-€211,424) and Net result for the year (-€118,066)
- Receivables within one year -€12,391
down €12,391 (-10.9%), from €113,432 to €101,041
of which Other amounts receivable: -€31,582
- Deferred charges and accrued income +€5,092
up €5,092 (+845%), from €603 to €5,695
- Trade debts +€255,625
up €255,625 (+201%), from €127,247 to €382,872
- Profit (loss) carried forward -€118,066
new in 2025: -€118,066
- Tax, wage and social debts -€5,764
down €5,764 (-24.7%), from €23,373 to €17,609
of which Taxes: -€17,107
- Gross operating margin -€87,199
down €87,199 (-54.7%), from €159,305 to €72,106
- Other operating charges +€71,874
up €71,874 (+111%), from €64,582 to €136,456
- Staff costs +€29,513
new in 2025: €29,513
- Taxes -€23,694
down €23,694, from €23,373 to -€321
- Depreciation +€15,124
up €15,124 (+246%), from €6,150 to €21,274
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 | €322,118 | €453,912 | +€131,794 | +40.9% |
| Fixed assets | 21/28 | €75,299 | €265,450 | +€190,151 | +253% |
| Tangible fixed assets | 22/27 | €75,299 | €265,450 | +€190,151 | +253% |
| Furniture and vehicles | 24 | €74,527 | €58,269 | -€16,258 | -21.8% |
| Other tangible fixed assets | 26 | €772 | €110,649 | +€109,877 | +14,233% |
| Assets under construction and advance payments | 27 | - | €96,533 | +€96,533 | |
| Current assets | 29/58 | €246,819 | €188,463 | -€58,356 | -23.6% |
| Amounts receivable within one year | 40/41 | €113,432 | €101,041 | -€12,391 | -10.9% |
| Trade receivables | 40 | €7,882 | €27,073 | +€19,191 | +243% |
| Other amounts receivable | 41 | €105,550 | €73,969 | -€31,582 | -29.9% |
| Cash at bank and in hand | 54/58 | €132,784 | €81,727 | -€51,057 | -38.5% |
| Deferred charges and accrued income | 490/1 | €603 | €5,695 | +€5,092 | +845% |
| Total equity and liabilities | 10/49 | €322,118 | €453,912 | +€131,794 | +40.9% |
| Equity | 10/15 | €69,766 | -€48,300 | -€118,066 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €64,766 | €64,766 | = | 0.0% |
| Distributable reserves | 133 | €64,766 | €64,766 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€118,066 | -€118,066 | |
| Amounts payable | 17/49 | €252,352 | €502,213 | +€249,860 | +99.0% |
| Amounts payable within one year | 42/48 | €252,352 | €502,213 | +€249,860 | +99.0% |
| Trade debts | 44 | €127,247 | €382,872 | +€255,625 | +201% |
| Suppliers | 440/4 | €127,247 | €382,872 | +€255,625 | +201% |
| Advances received on contracts in progress | 46 | €16,914 | €16,914 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €23,373 | €17,609 | -€5,764 | -24.7% |
| Taxes | 450/3 | €23,373 | €6,267 | -€17,107 | -73.2% |
| Remuneration and social security | 454/9 | - | €11,342 | +€11,342 | |
| Other amounts payable | 47/48 | €84,817 | €84,817 | = | 0.0% |
| Non-recurring operating income | 76A | - | €967 | +€967 | |
| Remuneration, social security and pensions | 62 | - | €29,513 | +€29,513 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,150 | €21,274 | +€15,124 | +246% |
| Other operating charges | 640/8 | €64,582 | €136,456 | +€71,874 | +111% |
| Gross operating margin | 9900 | €159,305 | €72,106 | -€87,199 | -54.7% |
| Operating profit (loss) | 9901 | €88,573 | -€115,136 | -€203,710 | |
| Financial income | 75/76B | €64 | €0 | -€64 | -99.8% |
| Recurring financial income | 75 | €64 | €0 | -€64 | -99.8% |
| Financial charges | 65/66B | €498 | €3,251 | +€2,753 | +553% |
| Recurring financial charges | 65 | €498 | €3,251 | +€2,753 | +553% |
| Profit (loss) for the period before taxes | 9903 | €88,139 | -€118,387 | -€206,527 | |
| Income taxes | 67/77 | €23,373 | -€321 | -€23,694 | |
| Profit (loss) for the period | 9904 | €64,766 | -€118,066 | -€182,832 | |
| Profit (loss) for the period to be appropriated | 9905 | €64,766 | -€118,066 | -€182,832 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.