GABRIELS ELECTRONICS: 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.
GABRIELS ELECTRONICS
Largest movements
- Tangible fixed assets +€16,277
up €16,277 (+6.5%), from €252,217 to €268,494
of which Plant, machinery and equipment: +€26,295
- Receivables within one year -€13,619
down €13,619 (-44.9%), from €30,343 to €16,724
of which Trade receivables: -€16,815
- Stocks and contracts +€8,949
up €8,949 (+32.7%), from €27,365 to €36,315
- Cash +€4,844
up €4,844 (+37.8%), from €12,823 to €17,668
mainly Depreciation (+€89,326) and Net result for the year (+€30,955)
- Reserves +€30,955
up €30,955 (+12.7%), from €243,440 to €274,395
- Trade debts -€9,663
down €9,663 (-80.2%), from €12,044 to €2,382
- Gross operating margin +€43,784
up €43,784 (+43.7%), from €100,088 to €143,871
- Depreciation +€11,979
up €11,979 (+15.5%), from €77,347 to €89,326
- Taxes +€6,692
up €6,692 (+175%), from €3,821 to €10,513
- Other operating charges +€4,368
up €4,368 (+50.7%), from €8,610 to €12,978
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 | €323,855 | €343,081 | +€19,226 | +5.9% |
| Fixed assets | 21/28 | €252,217 | €268,494 | +€16,277 | +6.5% |
| Tangible fixed assets | 22/27 | €252,217 | €268,494 | +€16,277 | +6.5% |
| Land and buildings | 22 | €80,493 | €55,027 | -€25,466 | -31.6% |
| Plant, machinery and equipment | 23 | €171,321 | €197,616 | +€26,295 | +15.3% |
| Furniture and vehicles | 24 | €403 | €15,851 | +€15,448 | +3,835% |
| Current assets | 29/58 | €71,639 | €74,587 | +€2,949 | +4.1% |
| Stocks and contracts in progress | 3 | €27,365 | €36,315 | +€8,949 | +32.7% |
| Stocks | 30/36 | €27,365 | €36,315 | +€8,949 | +32.7% |
| Amounts receivable within one year | 40/41 | €30,343 | €16,724 | -€13,619 | -44.9% |
| Trade receivables | 40 | €23,186 | €6,371 | -€16,815 | -72.5% |
| Other amounts receivable | 41 | €7,157 | €10,353 | +€3,196 | +44.7% |
| Cash at bank and in hand | 54/58 | €12,823 | €17,668 | +€4,844 | +37.8% |
| Deferred charges and accrued income | 490/1 | €1,107 | €3,881 | +€2,774 | +251% |
| Total equity and liabilities | 10/49 | €323,855 | €343,081 | +€19,226 | +5.9% |
| Equity | 10/15 | €262,440 | €293,395 | +€30,955 | +11.8% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €243,440 | €274,395 | +€30,955 | +12.7% |
| Distributable reserves | 133 | €243,440 | €274,395 | +€30,955 | +12.7% |
| Amounts payable | 17/49 | €61,416 | €49,686 | -€11,729 | -19.1% |
| Amounts payable within one year | 42/48 | €61,416 | €49,686 | -€11,729 | -19.1% |
| Trade debts | 44 | €12,044 | €2,382 | -€9,663 | -80.2% |
| Suppliers | 440/4 | €12,044 | €2,382 | -€9,663 | -80.2% |
| Taxes, remuneration and social security | 45 | €6,881 | €4,038 | -€2,844 | -41.3% |
| Taxes | 450/3 | €6,881 | €4,038 | -€2,844 | -41.3% |
| Other amounts payable | 47/48 | €42,490 | €43,267 | +€777 | +1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €77,347 | €89,326 | +€11,979 | +15.5% |
| Other operating charges | 640/8 | €8,610 | €12,978 | +€4,368 | +50.7% |
| Gross operating margin | 9900 | €100,088 | €143,871 | +€43,784 | +43.7% |
| Operating profit (loss) | 9901 | €14,131 | €41,568 | +€27,437 | +194% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €365 | €100 | -€265 | -72.6% |
| Recurring financial charges | 65 | €365 | €100 | -€265 | -72.6% |
| Profit (loss) for the period before taxes | 9903 | €13,766 | €41,468 | +€27,701 | +201% |
| Income taxes | 67/77 | €3,821 | €10,513 | +€6,692 | +175% |
| Profit (loss) for the period | 9904 | €9,946 | €30,955 | +€21,009 | +211% |
| Profit (loss) for the period to be appropriated | 9905 | €9,946 | €30,955 | +€21,009 | +211% |
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 17 October 2026 via checked.be.