Gabrielle: 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.
Gabrielle
Largest movements
- Receivables within one year -€63,853
down €63,853 (-86.2%), from €74,046 to €10,192
of which Other amounts receivable: -€64,063
- Tangible fixed assets -€27,072
down €27,072 (-3.0%), from €900,218 to €873,146
of which Land and buildings: -€26,131
- Cash +€20,499
up €20,499 (+20.8%), from €98,333 to €118,832
mainly Receivables within one year (+€63,853) and Other debts (+€63,314)
- Reserves -€109,036
down €109,036 (-38.8%), from €280,960 to €171,925
- Other debts +€63,314
up €63,314 (+13.0%), from €486,324 to €549,638
- Debts after one year -€39,960
down €39,960 (-16.1%), from €248,089 to €208,129
- Accrued charges and deferred income +€12,326
new in 2025: €12,326
- Gross operating margin +€28,045
up €28,045 (+29.8%), from €93,981 to €122,026
- Taxes +€8,941
up €8,941 (+53.3%), from €16,790 to €25,731
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 | €1,072,597 | €1,002,171 | -€70,426 | -6.6% |
| Fixed assets | 21/28 | €900,218 | €873,146 | -€27,072 | -3.0% |
| Tangible fixed assets | 22/27 | €900,218 | €873,146 | -€27,072 | -3.0% |
| Land and buildings | 22 | €896,366 | €870,235 | -€26,131 | -2.9% |
| Plant, machinery and equipment | 23 | €3,852 | €2,911 | -€941 | -24.4% |
| Current assets | 29/58 | €172,379 | €129,024 | -€43,354 | -25.2% |
| Amounts receivable within one year | 40/41 | €74,046 | €10,192 | -€63,853 | -86.2% |
| Trade receivables | 40 | - | €210 | +€210 | |
| Other amounts receivable | 41 | €74,046 | €9,983 | -€64,063 | -86.5% |
| Cash at bank and in hand | 54/58 | €98,333 | €118,832 | +€20,499 | +20.8% |
| Total equity and liabilities | 10/49 | €1,072,597 | €1,002,171 | -€70,426 | -6.6% |
| Equity | 10/15 | €287,160 | €178,125 | -€109,036 | -38.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €280,960 | €171,925 | -€109,036 | -38.8% |
| Distributable reserves | 133 | €280,960 | €171,925 | -€109,036 | -38.8% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €785,436 | €824,046 | +€38,610 | +4.9% |
| Amounts payable after more than one year | 17 | €248,089 | €208,129 | -€39,960 | -16.1% |
| Financial debts | 170/4 | €248,089 | €208,129 | -€39,960 | -16.1% |
| Amounts payable within one year | 42/48 | €537,348 | €603,592 | +€66,244 | +12.3% |
| Current portion of amounts payable after more than one year | 42 | €39,480 | €39,960 | +€480 | +1.2% |
| Trade debts | 44 | €679 | €0 | -€679 | -100.0% |
| Suppliers | 440/4 | €679 | €0 | -€679 | -100.0% |
| Taxes, remuneration and social security | 45 | €10,865 | €13,993 | +€3,129 | +28.8% |
| Taxes | 450/3 | €10,865 | €13,993 | +€3,129 | +28.8% |
| Other amounts payable | 47/48 | €486,324 | €549,638 | +€63,314 | +13.0% |
| Accrued charges and deferred income | 492/3 | - | €12,326 | +€12,326 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,072 | €27,072 | = | 0.0% |
| Other operating charges | 640/8 | €1,503 | €2,460 | +€957 | +63.7% |
| Non-recurring operating charges | 66A | €410 | €0 | -€410 | -100.0% |
| Gross operating margin | 9900 | €93,981 | €122,026 | +€28,045 | +29.8% |
| Operating profit (loss) | 9901 | €64,996 | €92,494 | +€27,498 | +42.3% |
| Financial income | 75/76B | €2,400 | €2,400 | = | 0.0% |
| Recurring financial income | 75 | €2,400 | €2,400 | = | 0.0% |
| Financial charges | 65/66B | €16,247 | €16,024 | -€223 | -1.4% |
| Recurring financial charges | 65 | €16,247 | €16,024 | -€223 | -1.4% |
| Profit (loss) for the period before taxes | 9903 | €51,149 | €78,871 | +€27,721 | +54.2% |
| Income taxes | 67/77 | €16,790 | €25,731 | +€8,941 | +53.3% |
| Profit (loss) for the period | 9904 | €34,359 | €53,139 | +€18,780 | +54.7% |
| Profit (loss) for the period to be appropriated | 9905 | €34,359 | €53,139 | +€18,780 | +54.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.