GABS Advisory: 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.
GABS Advisory
Largest movements
- Receivables within one year +€43,475
up €43,475 (+220%), from €19,721 to €63,196
of which Other amounts receivable: +€44,098
- Cash +€29,389
up €29,389 (+35.1%), from €83,641 to €113,030
mainly Net result for the year (+€73,936) and Depreciation (+€10,161)
- Tangible fixed assets -€10,161
down €10,161 (-30.1%), from €33,806 to €23,645
of which Leasing and similar rights: -€8,390
- Profit (loss) carried forward +€73,936
up €73,936 (+84.4%), from €87,614 to €161,550
- Debts after one year -€10,933
down €10,933 (-74.5%), from €14,667 to €3,734
- Gross operating margin +€20,300
up €20,300 (+24.1%), from €84,209 to €104,509
- Taxes +€4,405
up €4,405 (+28.9%), from €15,264 to €19,669
- Depreciation +€1,616
up €1,616 (+18.9%), from €8,545 to €10,161
- Financial income +€1,583
up €1,583 (+30,925%), from €5 to €1,588
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 | €137,684 | €199,872 | +€62,188 | +45.2% |
| Fixed assets | 21/28 | €33,806 | €23,645 | -€10,161 | -30.1% |
| Tangible fixed assets | 22/27 | €33,806 | €23,645 | -€10,161 | -30.1% |
| Furniture and vehicles | 24 | €5,157 | €3,386 | -€1,770 | -34.3% |
| Leasing and similar rights | 25 | €28,650 | €20,259 | -€8,390 | -29.3% |
| Current assets | 29/58 | €103,878 | €176,227 | +€72,349 | +69.6% |
| Amounts receivable within one year | 40/41 | €19,721 | €63,196 | +€43,475 | +220% |
| Trade receivables | 40 | €16,594 | €15,972 | -€622 | -3.8% |
| Other amounts receivable | 41 | €3,127 | €47,224 | +€44,098 | +1,410% |
| Cash at bank and in hand | 54/58 | €83,641 | €113,030 | +€29,389 | +35.1% |
| Deferred charges and accrued income | 490/1 | €515 | - | -€515 | |
| Total equity and liabilities | 10/49 | €137,684 | €199,872 | +€62,188 | +45.2% |
| Equity | 10/15 | €90,614 | €164,550 | +€73,936 | +81.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €87,614 | €161,550 | +€73,936 | +84.4% |
| Amounts payable | 17/49 | €47,070 | €35,322 | -€11,748 | -25.0% |
| Amounts payable after more than one year | 17 | €14,667 | €3,734 | -€10,933 | -74.5% |
| Financial debts | 170/4 | €14,667 | €3,734 | -€10,933 | -74.5% |
| Amounts payable within one year | 42/48 | €32,403 | €31,588 | -€815 | -2.5% |
| Current portion of amounts payable after more than one year | 42 | €10,543 | €10,933 | +€390 | +3.7% |
| Trade debts | 44 | €1,555 | €1,347 | -€207 | -13.3% |
| Suppliers | 440/4 | €1,555 | €1,347 | -€207 | -13.3% |
| Taxes, remuneration and social security | 45 | €20,305 | €19,307 | -€998 | -4.9% |
| Taxes | 450/3 | €20,305 | €19,307 | -€998 | -4.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,545 | €10,161 | +€1,616 | +18.9% |
| Other operating charges | 640/8 | €1,166 | €1,208 | +€42 | +3.6% |
| Gross operating margin | 9900 | €84,209 | €104,509 | +€20,300 | +24.1% |
| Operating profit (loss) | 9901 | €74,498 | €93,140 | +€18,642 | +25.0% |
| Financial income | 75/76B | €5 | €1,588 | +€1,583 | +30,925% |
| Recurring financial income | 75 | €5 | €1,588 | +€1,583 | +30,925% |
| Financial charges | 65/66B | €1,702 | €1,123 | -€579 | -34.0% |
| Recurring financial charges | 65 | €1,702 | €1,123 | -€579 | -34.0% |
| Profit (loss) for the period before taxes | 9903 | €72,801 | €93,605 | +€20,804 | +28.6% |
| Income taxes | 67/77 | €15,264 | €19,669 | +€4,405 | +28.9% |
| Profit (loss) for the period | 9904 | €57,537 | €73,936 | +€16,399 | +28.5% |
| Profit (loss) for the period to be appropriated | 9905 | €57,537 | €73,936 | +€16,399 | +28.5% |
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 19 October 2026 via checked.be.