GABRIEL & IONUT: what changed
GABRIEL & IONUT
Largest movements
- Receivables within one year +€97,821
up €97,821 (+118%), from €82,648 to €180,469
of which Trade receivables: +€80,437
- Tangible fixed assets -€4,077
down €4,077 (-44.4%), from €9,174 to €5,097
- Cash +€3,965
up €3,965 (+109%), from €3,633 to €7,599
mainly Trade debts (+€78,103) and Net result for the year (+€24,230)
- Trade debts +€78,103
up €78,103 (+190%), from €41,126 to €119,229
of which Bills of exchange payable: +€78,160
- Profit (loss) carried forward +€24,230
up €24,230 (+73.9%), from €32,804 to €57,034
- Tax, wage and social debts -€4,624
down €4,624 (-25.0%), from €18,525 to €13,901
of which Remuneration and social security: -€10,590
- Gross operating margin +€31,360
up €31,360 (+65.7%), from €47,765 to €79,125
- Other operating charges +€11,356
up €11,356 (+113%), from €10,069 to €21,425
- Financial charges +€9,190
up €9,190 (+252%), from €3,648 to €12,838
- Taxes +€6,462
up €6,462 (+80.4%), from €8,035 to €14,497
- Depreciation +€1,019
up €1,019 (+33.3%), from €3,058 to €4,077
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €95,455 | €193,165 | +€97,710 | +102% |
| Fixed assets | 21/28 | €9,174 | €5,097 | -€4,077 | -44.4% |
| Tangible fixed assets | 22/27 | €9,174 | €5,097 | -€4,077 | -44.4% |
| Furniture and vehicles | 24 | €9,174 | €5,097 | -€4,077 | -44.4% |
| Current assets | 29/58 | €86,281 | €188,067 | +€101,786 | +118% |
| Amounts receivable within one year | 40/41 | €82,648 | €180,469 | +€97,821 | +118% |
| Trade receivables | 40 | €50,942 | €131,380 | +€80,437 | +158% |
| Other amounts receivable | 41 | €31,705 | €49,089 | +€17,384 | +54.8% |
| Cash at bank and in hand | 54/58 | €3,633 | €7,599 | +€3,965 | +109% |
| Total equity and liabilities | 10/49 | €95,455 | €193,165 | +€97,710 | +102% |
| Equity | 10/15 | €35,804 | €60,034 | +€24,230 | +67.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Contributions outside capital | 11 | €3,000 | €3,000 | = | 0.0% |
| Other | 1109/19 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,804 | €57,034 | +€24,230 | +73.9% |
| Amounts payable | 17/49 | €59,651 | €133,130 | +€73,479 | +123% |
| Amounts payable within one year | 42/48 | €59,651 | €133,130 | +€73,479 | +123% |
| Trade debts | 44 | €41,126 | €119,229 | +€78,103 | +190% |
| Suppliers | 440/4 | €57 | - | -€57 | |
| Bills of exchange payable | 441 | €41,069 | €119,229 | +€78,160 | +190% |
| Taxes, remuneration and social security | 45 | €18,525 | €13,901 | -€4,624 | -25.0% |
| Taxes | 450/3 | €7,935 | €13,901 | +€5,966 | +75.2% |
| Remuneration and social security | 454/9 | €10,590 | - | -€10,590 | |
| Remuneration, social security and pensions | 62 | €1,476 | €2,058 | +€582 | +39.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,058 | €4,077 | +€1,019 | +33.3% |
| Other operating charges | 640/8 | €10,069 | €21,425 | +€11,356 | +113% |
| Gross operating margin | 9900 | €47,765 | €79,125 | +€31,360 | +65.7% |
| Operating profit (loss) | 9901 | €33,162 | €51,565 | +€18,403 | +55.5% |
| Financial charges | 65/66B | €3,648 | €12,838 | +€9,190 | +252% |
| Recurring financial charges | 65 | €3,648 | €12,838 | +€9,190 | +252% |
| Profit (loss) for the period before taxes | 9903 | €29,514 | €38,727 | +€9,214 | +31.2% |
| Income taxes | 67/77 | €8,035 | €14,497 | +€6,462 | +80.4% |
| Profit (loss) for the period | 9904 | €21,479 | €24,230 | +€2,752 | +12.8% |
| Profit (loss) for the period to be appropriated | 9905 | €21,479 | €24,230 | +€2,752 | +12.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.