GADALY: what changed
Two fiscal 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.
GADALY
Largest movements
- Receivables within one year +€60,327
up €60,327 (+59.7%), from €101,020 to €161,348
of which Other amounts receivable: +€60,327
- Cash -€56,480
down €56,480 (-91.6%), from €61,690 to €5,210
mainly Receivables within one year (-€60,327) and Stocks and contracts (-€1,602)
- Tangible fixed assets -€3,015
down €3,015 (-59.4%), from €5,079 to €2,064
of which Furniture and vehicles: -€2,471
- Profit (loss) carried forward +€2,890
up €2,890 (+2.6%), from €110,712 to €113,602
- Trade debts +€1,892
up €1,892 (+6.0%), from €31,278 to €33,170
- Gross operating margin -€8,830
down €8,830 (-49.6%), from €17,804 to €8,974
- Taxes -€1,958
down €1,958 (-72.4%), from €2,705 to €748
- Other operating charges -€581
down €581 (-85.3%), from €681 to €100
- Financial charges +€489
up €489 (+28.2%), from €1,732 to €2,221
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.
Cash bridge derived
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 | €175,174 | €177,652 | +€2,478 | +1.4% |
| Fixed assets | 21/28 | €5,129 | €2,157 | -€2,972 | -57.9% |
| Tangible fixed assets | 22/27 | €5,079 | €2,064 | -€3,015 | -59.4% |
| Plant, machinery and equipment | 23 | €1,008 | €464 | -€544 | -54.0% |
| Furniture and vehicles | 24 | €4,071 | €1,600 | -€2,471 | -60.7% |
| Financial fixed assets | 28 | €50 | €93 | +€43 | +86.5% |
| Current assets | 29/58 | €170,046 | €175,495 | +€5,450 | +3.2% |
| Stocks and contracts in progress | 3 | €7,336 | €8,938 | +€1,602 | +21.8% |
| Stocks | 30/36 | €7,336 | €8,938 | +€1,602 | +21.8% |
| Amounts receivable within one year | 40/41 | €101,020 | €161,348 | +€60,327 | +59.7% |
| Trade receivables | 40 | €1,601 | €1,601 | = | 0.0% |
| Other amounts receivable | 41 | €99,419 | €159,747 | +€60,327 | +60.7% |
| Cash at bank and in hand | 54/58 | €61,690 | €5,210 | -€56,480 | -91.6% |
| Total equity and liabilities | 10/49 | €175,174 | €177,652 | +€2,478 | +1.4% |
| Equity | 10/15 | €131,172 | €134,062 | +€2,890 | +2.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | - | €18,600 | +€18,600 | |
| Issued capital | 100 | - | €18,600 | +€18,600 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €110,712 | €113,602 | +€2,890 | +2.6% |
| Amounts payable | 17/49 | €44,003 | €43,590 | -€412 | -0.9% |
| Amounts payable within one year | 42/48 | €44,003 | €43,590 | -€412 | -0.9% |
| Financial debts | 43 | €1,055 | €0 | -€1,055 | -100.0% |
| Credit institutions | 430/8 | €1,055 | €0 | -€1,055 | -100.0% |
| Trade debts | 44 | €31,278 | €33,170 | +€1,892 | +6.0% |
| Suppliers | 440/4 | €31,278 | €33,170 | +€1,892 | +6.0% |
| Taxes, remuneration and social security | 45 | €11,670 | €10,421 | -€1,249 | -10.7% |
| Taxes | 450/3 | €11,670 | €10,421 | -€1,249 | -10.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,015 | €3,015 | -€0 | 0.0% |
| Other operating charges | 640/8 | €681 | €100 | -€581 | -85.3% |
| Gross operating margin | 9900 | €17,804 | €8,974 | -€8,830 | -49.6% |
| Operating profit (loss) | 9901 | €14,107 | €5,859 | -€8,248 | -58.5% |
| Financial charges | 65/66B | €1,732 | €2,221 | +€489 | +28.2% |
| Recurring financial charges | 65 | €1,732 | €2,221 | +€489 | +28.2% |
| Profit (loss) for the period before taxes | 9903 | €12,375 | €3,638 | -€8,738 | -70.6% |
| Income taxes | 67/77 | €2,705 | €748 | -€1,958 | -72.4% |
| Profit (loss) for the period | 9904 | €9,670 | €2,890 | -€6,780 | -70.1% |
| Profit (loss) for the period to be appropriated | 9905 | €9,670 | €2,890 | -€6,780 | -70.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.