GABRIELSA: 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.
GABRIELSA
Largest movements
- Receivables within one year +€133,150
up €133,150 (+267%), from €49,917 to €183,067
of which Other amounts receivable: +€86,275
- Cash -€70,982
down €70,982 (-71.9%), from €98,786 to €27,804
mainly Receivables within one year (-€133,150) and Trade debts (-€20,024)
- Deferred charges and accrued income -€9,985
down €9,985 (-21.9%), from €45,517 to €35,533
- Tangible fixed assets -€8,526
down €8,526 (-8.6%), from €99,002 to €90,476
- Reserves +€58,200
up €58,200 (+32.4%), from €179,560 to €237,760
- Tax, wage and social debts +€22,935
up €22,935 (+75.5%), from €30,360 to €53,294
- Trade debts -€20,024
down €20,024 (-87.8%), from €22,815 to €2,792
- Debts after one year -€9,712
down €9,712 (-28.9%), from €33,655 to €23,942
- Other debts -€7,800
down €7,800 (-29.3%), from €26,600 to €18,800
- Gross operating margin +€45,760
up €45,760 (+44.2%), from €103,439 to €149,199
- Financial charges +€9,207
up €9,207 (+154%), from €5,970 to €15,178
- Taxes +€7,534
up €7,534 (+20.9%), from €36,109 to €43,643
- Other operating charges +€5,162
up €5,162 (+12,773%), from €40 to €5,202
- Depreciation +€1,525
up €1,525 (+21.8%), from €7,002 to €8,526
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 | €338,303 | €383,024 | +€44,721 | +13.2% |
| Fixed assets | 21/28 | €99,002 | €90,476 | -€8,526 | -8.6% |
| Tangible fixed assets | 22/27 | €99,002 | €90,476 | -€8,526 | -8.6% |
| Land and buildings | 22 | €72,372 | €69,153 | -€3,219 | -4.4% |
| Plant, machinery and equipment | 23 | €2,894 | €2,894 | = | 0.0% |
| Furniture and vehicles | 24 | €10,432 | €6,887 | -€3,545 | -34.0% |
| Other tangible fixed assets | 26 | €13,305 | €11,542 | -€1,762 | -13.2% |
| Current assets | 29/58 | €239,300 | €292,548 | +€53,248 | +22.3% |
| Amounts receivable after more than one year | 29 | €45,080 | €46,144 | +€1,064 | +2.4% |
| Other amounts receivable | 291 | €45,080 | €46,144 | +€1,064 | +2.4% |
| Amounts receivable within one year | 40/41 | €49,917 | €183,067 | +€133,150 | +267% |
| Trade receivables | 40 | €7,500 | €54,375 | +€46,875 | +625% |
| Other amounts receivable | 41 | €42,417 | €128,692 | +€86,275 | +203% |
| Cash at bank and in hand | 54/58 | €98,786 | €27,804 | -€70,982 | -71.9% |
| Deferred charges and accrued income | 490/1 | €45,517 | €35,533 | -€9,985 | -21.9% |
| Total equity and liabilities | 10/49 | €338,303 | €383,024 | +€44,721 | +13.2% |
| Equity | 10/15 | €212,231 | €271,171 | +€58,940 | +27.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €179,560 | €237,760 | +€58,200 | +32.4% |
| Distributable reserves | 133 | €179,560 | €237,760 | +€58,200 | +32.4% |
| Profit (loss) carried forward | 14 | €26,471 | €27,211 | +€740 | +2.8% |
| Amounts payable | 17/49 | €126,072 | €111,853 | -€14,218 | -11.3% |
| Amounts payable after more than one year | 17 | €33,655 | €23,942 | -€9,712 | -28.9% |
| Financial debts | 170/4 | €33,655 | €23,942 | -€9,712 | -28.9% |
| Amounts payable within one year | 42/48 | €92,417 | €87,911 | -€4,506 | -4.9% |
| Current portion of amounts payable after more than one year | 42 | €12,642 | €13,025 | +€383 | +3.0% |
| Trade debts | 44 | €22,815 | €2,792 | -€20,024 | -87.8% |
| Suppliers | 440/4 | €22,815 | €2,792 | -€20,024 | -87.8% |
| Taxes, remuneration and social security | 45 | €30,360 | €53,294 | +€22,935 | +75.5% |
| Taxes | 450/3 | €30,360 | €53,294 | +€22,935 | +75.5% |
| Other amounts payable | 47/48 | €26,600 | €18,800 | -€7,800 | -29.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,002 | €8,526 | +€1,525 | +21.8% |
| Other operating charges | 640/8 | €40 | €5,202 | +€5,162 | +12,773% |
| Gross operating margin | 9900 | €103,439 | €149,199 | +€45,760 | +44.2% |
| Operating profit (loss) | 9901 | €96,397 | €135,470 | +€39,073 | +40.5% |
| Financial income | 75/76B | €1,065 | €1,090 | +€25 | +2.4% |
| Recurring financial income | 75 | €1,065 | €1,090 | +€25 | +2.4% |
| Financial charges | 65/66B | €5,970 | €15,178 | +€9,207 | +154% |
| Recurring financial charges | 65 | €5,970 | €15,178 | +€9,207 | +154% |
| Profit (loss) for the period before taxes | 9903 | €91,492 | €121,383 | +€29,891 | +32.7% |
| Income taxes | 67/77 | €36,109 | €43,643 | +€7,534 | +20.9% |
| Profit (loss) for the period | 9904 | €55,383 | €77,740 | +€22,357 | +40.4% |
| Profit (loss) for the period to be appropriated | 9905 | €55,383 | €77,740 | +€22,357 | +40.4% |
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 19 October 2026 via checked.be.