GABY: 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.
GABY
Largest movements
- Cash +€123,399
up €123,399 (+210%), from €58,895 to €182,294
mainly Net result for the year (+€173,375) and Tax, wage and social debts (+€39,033)
- Receivables within one year +€61,239
up €61,239 (+19.2%), from €318,729 to €379,968
of which Trade receivables: +€55,711
- Stocks and contracts -€24,006
down €24,006 (-20.5%), from €117,308 to €93,302
- Reserves +€113,636
up €113,636 (+136%), from €83,792 to €197,428
of which Distributable reserves: +€113,636
- Short-term financial debts -€60,000
down €60,000 (-100%), from €60,000 to €0
- Profit (loss) carried forward +€59,739
up €59,739, from -€19,810 to €39,929
- Tax, wage and social debts +€39,033
up €39,033 (+286%), from €13,628 to €52,662
of which Taxes: +€34,092
- Trade debts +€10,216
up €10,216 (+27.1%), from €37,714 to €47,929
- Gross operating margin +€198,422
up €198,422 (+93.1%), from €213,131 to €411,553
- Taxes +€70,366
up €70,366 (+285,692%), from €25 to €70,391
- Staff costs -€17,061
down €17,061 (-11.2%), from €151,989 to €134,928
- Other operating charges +€6,133
up €6,133 (+206%), from €2,982 to €9,114
- Write-downs +€5,910
up €5,910, from -€318 to €5,593
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 | €560,680 | €714,028 | +€153,348 | +27.4% |
| Fixed assets | 21/28 | €46,645 | €42,645 | -€4,000 | -8.6% |
| Tangible fixed assets | 22/27 | €46,227 | €42,626 | -€3,601 | -7.8% |
| Plant, machinery and equipment | 23 | €2,603 | €4,311 | +€1,708 | +65.6% |
| Furniture and vehicles | 24 | €43,624 | €38,315 | -€5,309 | -12.2% |
| Financial fixed assets | 28 | €417 | €19 | -€399 | -95.5% |
| Current assets | 29/58 | €514,035 | €671,384 | +€157,349 | +30.6% |
| Stocks and contracts in progress | 3 | €117,308 | €93,302 | -€24,006 | -20.5% |
| Stocks | 30/36 | €117,308 | €93,302 | -€24,006 | -20.5% |
| Amounts receivable within one year | 40/41 | €318,729 | €379,968 | +€61,239 | +19.2% |
| Trade receivables | 40 | €308,866 | €364,578 | +€55,711 | +18.0% |
| Other amounts receivable | 41 | €9,863 | €15,390 | +€5,528 | +56.0% |
| Cash at bank and in hand | 54/58 | €58,895 | €182,294 | +€123,399 | +210% |
| Deferred charges and accrued income | 490/1 | €19,104 | €15,821 | -€3,283 | -17.2% |
| Total equity and liabilities | 10/49 | €560,680 | €714,028 | +€153,348 | +27.4% |
| Equity | 10/15 | €384,555 | €557,930 | +€173,375 | +45.1% |
| Contributions | 10/11 | €320,573 | €320,573 | = | 0.0% |
| Capital | 10 | €320,573 | €320,573 | = | 0.0% |
| Issued capital | 100 | €320,573 | €320,573 | = | 0.0% |
| Reserves | 13 | €83,792 | €197,428 | +€113,636 | +136% |
| Non-distributable reserves | 130/1 | €17,250 | €17,250 | = | 0.0% |
| Legal reserve | 130 | €17,250 | €17,250 | = | 0.0% |
| Tax-exempt reserves | 132 | €9,494 | €9,494 | = | 0.0% |
| Distributable reserves | 133 | €57,048 | €170,685 | +€113,636 | +199% |
| Profit (loss) carried forward | 14 | -€19,810 | €39,929 | +€59,739 | |
| Amounts payable | 17/49 | €176,125 | €156,098 | -€20,027 | -11.4% |
| Amounts payable within one year | 42/48 | €172,393 | €151,770 | -€20,623 | -12.0% |
| Financial debts | 43 | €60,000 | €0 | -€60,000 | -100% |
| Credit institutions | 430/8 | €60,000 | €0 | -€60,000 | -100% |
| Trade debts | 44 | €37,714 | €47,929 | +€10,216 | +27.1% |
| Suppliers | 440/4 | €37,714 | €47,929 | +€10,216 | +27.1% |
| Taxes, remuneration and social security | 45 | €13,628 | €52,662 | +€39,033 | +286% |
| Taxes | 450/3 | €4,445 | €38,537 | +€34,092 | +767% |
| Remuneration and social security | 454/9 | €9,183 | €14,125 | +€4,942 | +53.8% |
| Other amounts payable | 47/48 | €61,051 | €51,179 | -€9,872 | -16.2% |
| Accrued charges and deferred income | 492/3 | €3,732 | €4,329 | +€596 | +16.0% |
| Non-recurring operating income | 76A | €26,000 | €0 | -€26,000 | -100% |
| Remuneration, social security and pensions | 62 | €151,989 | €134,928 | -€17,061 | -11.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,460 | €12,903 | +€443 | +3.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€318 | €5,593 | +€5,910 | |
| Other operating charges | 640/8 | €2,982 | €9,114 | +€6,133 | +206% |
| Gross operating margin | 9900 | €213,131 | €411,553 | +€198,422 | +93.1% |
| Operating profit (loss) | 9901 | €46,018 | €249,015 | +€202,996 | +441% |
| Financial income | 75/76B | €1,539 | €2,555 | +€1,016 | +66.0% |
| Recurring financial income | 75 | €1,539 | €2,555 | +€1,016 | +66.0% |
| Financial charges | 65/66B | €9,977 | €7,804 | -€2,173 | -21.8% |
| Recurring financial charges | 65 | €9,977 | €7,804 | -€2,173 | -21.8% |
| Profit (loss) for the period before taxes | 9903 | €37,580 | €243,766 | +€206,185 | +549% |
| Income taxes | 67/77 | €25 | €70,391 | +€70,366 | +285,692% |
| Profit (loss) for the period | 9904 | €37,556 | €173,375 | +€135,819 | +362% |
| Profit (loss) for the period to be appropriated | 9905 | €37,556 | €173,375 | +€135,819 | +362% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.