GABRIEL SINGH: 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 SINGH
Largest movements
- Receivables within one year -€12,885
down €12,885 (-45.8%), from €28,158 to €15,272
- Deferred charges and accrued income +€6,674
new in 2025: €6,674
- Stocks and contracts +€3,842
up €3,842 (+98.8%), from €3,887 to €7,729
- Cash +€1,674
up €1,674 (+158%), from €1,062 to €2,736
mainly Receivables within one year (+€12,885) and Net result for the year (+€30)
- Tax, wage and social debts -€644
down €644 (-31.8%), from €2,023 to €1,379
- Taxes -€4,156
down €4,156 (-98.5%), from €4,219 to €63
- Gross operating margin -€4,091
down €4,091, from €3,074 to -€1,017
- Financial income -€761
down €761 (-36.4%), from €2,090 to €1,329
- Other operating charges +€115
new in 2025: €115
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 | €33,106 | €32,411 | -€696 | -2.1% |
| Current assets | 29/58 | €33,106 | €32,411 | -€696 | -2.1% |
| Stocks and contracts in progress | 3 | €3,887 | €7,729 | +€3,842 | +98.8% |
| Stocks | 30/36 | €3,887 | €7,729 | +€3,842 | +98.8% |
| Amounts receivable within one year | 40/41 | €28,158 | €15,272 | -€12,885 | -45.8% |
| Other amounts receivable | 41 | €28,158 | €15,272 | -€12,885 | -45.8% |
| Cash at bank and in hand | 54/58 | €1,062 | €2,736 | +€1,674 | +158% |
| Deferred charges and accrued income | 490/1 | - | €6,674 | +€6,674 | |
| Total equity and liabilities | 10/49 | €33,106 | €32,411 | -€696 | -2.1% |
| Equity | 10/15 | €29,657 | €29,686 | +€30 | +0.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €837 | €837 | = | 0.0% |
| Non-distributable reserves | 130/1 | €837 | €837 | = | 0.0% |
| Reserves not available under the articles | 1311 | €837 | €837 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,620 | €22,650 | +€30 | +0.1% |
| Amounts payable | 17/49 | €3,450 | €2,724 | -€725 | -21.0% |
| Amounts payable within one year | 42/48 | €3,450 | €2,724 | -€725 | -21.0% |
| Trade debts | 44 | €1,342 | €1,346 | +€4 | +0.3% |
| Suppliers | 440/4 | €1,342 | €1,346 | +€4 | +0.3% |
| Taxes, remuneration and social security | 45 | €2,023 | €1,379 | -€644 | -31.8% |
| Taxes | 450/3 | €2,023 | €1,379 | -€644 | -31.8% |
| Other amounts payable | 47/48 | €85 | - | -€85 | |
| Other operating charges | 640/8 | - | €115 | +€115 | |
| Gross operating margin | 9900 | €3,074 | -€1,017 | -€4,091 | |
| Operating profit (loss) | 9901 | €3,074 | -€1,132 | -€4,206 | |
| Financial income | 75/76B | €2,090 | €1,329 | -€761 | -36.4% |
| Recurring financial income | 75 | €2,090 | €1,329 | -€761 | -36.4% |
| Financial charges | 65/66B | €104 | €104 | = | 0.0% |
| Recurring financial charges | 65 | €104 | €104 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €5,060 | €93 | -€4,967 | -98.2% |
| Income taxes | 67/77 | €4,219 | €63 | -€4,156 | -98.5% |
| Profit (loss) for the period | 9904 | €841 | €30 | -€811 | -96.5% |
| Profit (loss) for the period to be appropriated | 9905 | €841 | €30 | -€811 | -96.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.