Gabriels Express: what changed
Gabriels Express
Largest movements
- Receivables within one year +€88,370
up €88,370 (+520%), from €16,996 to €105,366
of which Trade receivables: +€95,883
- Cash +€69,483
up €69,483 (+14.4%), from €481,481 to €550,964
mainly Depreciation (+€131,342) and Net result for the year (+€103,909)
- Stocks and contracts -€46,281
down €46,281 (-28.3%), from €163,748 to €117,467
- Tangible fixed assets -€37,798
down €37,798 (-5.7%), from €659,903 to €622,105
of which Other tangible fixed assets: -€47,566
- Profit (loss) carried forward +€103,909
up €103,909 (+55.7%), from €186,705 to €290,614
- Trade debts -€44,534
down €44,534 (-8.4%), from €528,609 to €484,075
- Tax, wage and social debts +€38,266
up €38,266 (+52.1%), from €73,488 to €111,754
of which Taxes: +€39,257
- Debts after one year -€22,541
down €22,541 (-7.1%), from €316,666 to €294,126
- Depreciation +€39,774
up €39,774 (+43.4%), from €91,568 to €131,342
- Staff costs +€23,318
up €23,318 (+12.5%), from €186,834 to €210,151
- Taxes +€12,212
up €12,212 (+45.2%), from €27,045 to €39,257
- Financial income +€6,596
up €6,596 (+16,490,450%), from €0 to €6,596
of which Non-recurring financial income: +€5,781
Change in the result, 2023 to 2024
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 2023 and 2024 balance sheets and the 2024 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 | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,354,155 | €1,429,048 | +€74,893 | +5.5% |
| Fixed assets | 21/28 | €659,903 | €622,105 | -€37,798 | -5.7% |
| Tangible fixed assets | 22/27 | €659,903 | €622,105 | -€37,798 | -5.7% |
| Plant, machinery and equipment | 23 | €102,975 | €81,385 | -€21,590 | -21.0% |
| Furniture and vehicles | 24 | €79,548 | €110,907 | +€31,359 | +39.4% |
| Other tangible fixed assets | 26 | €477,379 | €429,813 | -€47,566 | -10.0% |
| Current assets | 29/58 | €694,252 | €806,943 | +€112,691 | +16.2% |
| Amounts receivable after more than one year | 29 | €30,000 | €30,000 | = | 0.0% |
| Other amounts receivable | 291 | €30,000 | €30,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €163,748 | €117,467 | -€46,281 | -28.3% |
| Stocks | 30/36 | €163,748 | €117,467 | -€46,281 | -28.3% |
| Amounts receivable within one year | 40/41 | €16,996 | €105,366 | +€88,370 | +520% |
| Trade receivables | 40 | €3,892 | €99,775 | +€95,883 | +2,464% |
| Other amounts receivable | 41 | €13,104 | €5,591 | -€7,513 | -57.3% |
| Cash at bank and in hand | 54/58 | €481,481 | €550,964 | +€69,483 | +14.4% |
| Deferred charges and accrued income | 490/1 | €2,027 | €3,147 | +€1,119 | +55.2% |
| Total equity and liabilities | 10/49 | €1,354,155 | €1,429,048 | +€74,893 | +5.5% |
| Equity | 10/15 | €336,705 | €440,614 | +€103,909 | +30.9% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €186,705 | €290,614 | +€103,909 | +55.7% |
| Amounts payable | 17/49 | €1,017,449 | €988,434 | -€29,016 | -2.9% |
| Amounts payable after more than one year | 17 | €316,666 | €294,126 | -€22,541 | -7.1% |
| Financial debts | 170/4 | €316,666 | €294,126 | -€22,541 | -7.1% |
| Amounts payable within one year | 42/48 | €692,914 | €686,201 | -€6,712 | -1.0% |
| Current portion of amounts payable after more than one year | 42 | €85,938 | €88,270 | +€2,333 | +2.7% |
| Trade debts | 44 | €528,609 | €484,075 | -€44,534 | -8.4% |
| Suppliers | 440/4 | €528,609 | €484,075 | -€44,534 | -8.4% |
| Taxes, remuneration and social security | 45 | €73,488 | €111,754 | +€38,266 | +52.1% |
| Taxes | 450/3 | €27,045 | €66,302 | +€39,257 | +145% |
| Remuneration and social security | 454/9 | €46,443 | €45,452 | -€991 | -2.1% |
| Other amounts payable | 47/48 | €4,879 | €2,102 | -€2,777 | -56.9% |
| Accrued charges and deferred income | 492/3 | €7,869 | €8,107 | +€237 | +3.0% |
| Remuneration, social security and pensions | 62 | €186,834 | €210,151 | +€23,318 | +12.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €91,568 | €131,342 | +€39,774 | +43.4% |
| Other operating charges | 640/8 | €1,052 | €2,039 | +€987 | +93.8% |
| Gross operating margin | 9900 | €500,194 | €500,681 | +€487 | +0.1% |
| Operating profit (loss) | 9901 | €220,740 | €157,149 | -€63,591 | -28.8% |
| Financial income | 75/76B | €0 | €6,596 | +€6,596 | +16,490,450% |
| Recurring financial income | 75 | €0 | €815 | +€815 | +2,037,700% |
| Non-recurring financial income | 76B | - | €5,781 | +€5,781 | |
| Financial charges | 65/66B | €20,457 | €20,579 | +€122 | +0.6% |
| Recurring financial charges | 65 | €20,457 | €20,579 | +€122 | +0.6% |
| Profit (loss) for the period before taxes | 9903 | €200,283 | €143,166 | -€57,117 | -28.5% |
| Income taxes | 67/77 | €27,045 | €39,257 | +€12,212 | +45.2% |
| Profit (loss) for the period | 9904 | €173,238 | €103,909 | -€69,330 | -40.0% |
| Profit (loss) for the period to be appropriated | 9905 | €173,238 | €103,909 | -€69,330 | -40.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2023 and 30 September 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.