Gabriel Santé: what changed
Gabriel Santé
Largest movements
- Cash +€35,220
up €35,220 (+78.4%), from €44,939 to €80,160
mainly Deferred charges and accrued income (+€14,027) and Net result for the year (+€13,720)
- Deferred charges and accrued income -€14,027
down €14,027 (-95.2%), from €14,731 to €704
- Tangible fixed assets -€5,904
down €5,904 (-28.6%), from €20,633 to €14,730
- Reserves +€13,500
up €13,500 (+40.7%), from €33,129 to €46,629
- Debts after one year -€5,000
down €5,000 (-38.1%), from €13,119 to €8,119
- Other debts +€4,704
up €4,704 (+397%), from €1,185 to €5,889
- Current portion of long-term debt -€2,627
down €2,627 (-31.5%), from €8,334 to €5,707
- Trade debts +€2,494
up €2,494 (+155%), from €1,608 to €4,102
- Gross operating margin -€26,587
down €26,587 (-47.2%), from €56,283 to €29,696
- Taxes -€7,245
down €7,245 (-53.1%), from €13,646 to €6,400
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 | €81,128 | €95,713 | +€14,585 | +18.0% |
| Formation expenses | 20 | €769 | €64 | -€705 | -91.7% |
| Fixed assets | 21/28 | €20,689 | €14,785 | -€5,904 | -28.5% |
| Tangible fixed assets | 22/27 | €20,633 | €14,730 | -€5,904 | -28.6% |
| Furniture and vehicles | 24 | €20,633 | €14,730 | -€5,904 | -28.6% |
| Financial fixed assets | 28 | €56 | €56 | = | 0.0% |
| Current assets | 29/58 | €59,670 | €80,863 | +€21,193 | +35.5% |
| Cash at bank and in hand | 54/58 | €44,939 | €80,160 | +€35,220 | +78.4% |
| Deferred charges and accrued income | 490/1 | €14,731 | €704 | -€14,027 | -95.2% |
| Total equity and liabilities | 10/49 | €81,128 | €95,713 | +€14,585 | +18.0% |
| Equity | 10/15 | €38,129 | €51,849 | +€13,720 | +36.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €33,129 | €46,629 | +€13,500 | +40.7% |
| Distributable reserves | 133 | €33,129 | €46,629 | +€13,500 | +40.7% |
| Profit (loss) carried forward | 14 | - | €220 | +€220 | |
| Amounts payable | 17/49 | €42,999 | €43,863 | +€864 | +2.0% |
| Amounts payable after more than one year | 17 | €13,119 | €8,119 | -€5,000 | -38.1% |
| Financial debts | 170/4 | €13,119 | €8,119 | -€5,000 | -38.1% |
| Amounts payable within one year | 42/48 | €29,880 | €35,744 | +€5,864 | +19.6% |
| Current portion of amounts payable after more than one year | 42 | €8,334 | €5,707 | -€2,627 | -31.5% |
| Trade debts | 44 | €1,608 | €4,102 | +€2,494 | +155% |
| Suppliers | 440/4 | €1,608 | €4,102 | +€2,494 | +155% |
| Taxes, remuneration and social security | 45 | €18,753 | €20,046 | +€1,293 | +6.9% |
| Taxes | 450/3 | €15,646 | €20,046 | +€4,400 | +28.1% |
| Remuneration and social security | 454/9 | €3,107 | - | -€3,107 | |
| Other amounts payable | 47/48 | €1,185 | €5,889 | +€4,704 | +397% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,443 | €8,558 | +€115 | +1.4% |
| Other operating charges | 640/8 | €337 | €380 | +€43 | +12.7% |
| Gross operating margin | 9900 | €56,283 | €29,696 | -€26,587 | -47.2% |
| Operating profit (loss) | 9901 | €47,503 | €20,759 | -€26,744 | -56.3% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €729 | €638 | -€91 | -12.5% |
| Recurring financial charges | 65 | €729 | €638 | -€91 | -12.5% |
| Profit (loss) for the period before taxes | 9903 | €46,775 | €20,121 | -€26,654 | -57.0% |
| Income taxes | 67/77 | €13,646 | €6,400 | -€7,245 | -53.1% |
| Profit (loss) for the period | 9904 | €33,129 | €13,720 | -€19,409 | -58.6% |
| Profit (loss) for the period to be appropriated | 9905 | €33,129 | €13,720 | -€19,409 | -58.6% |
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 8 November 2026 via checked.be.