GADARA: 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.
GADARA
Largest movements
- Receivables within one year +€98,827
up €98,827 (+14.9%), from €661,380 to €760,207
of which Other amounts receivable: +€93,334
- Trade debts +€174,613
up €174,613 (+89.3%), from €195,630 to €370,243
- Tax, wage and social debts -€70,503
down €70,503 (-44.2%), from €159,523 to €89,020
of which Remuneration and social security: -€36,288
- Other debts -€11,659
no longer reported in 2025 (was €11,659)
- Profit (loss) carried forward +€7,874
up €7,874 (+2.5%), from €318,003 to €325,877
- Turnover -€618,238
down €618,238 (-31.6%), from €2.0m to €1.3m
- Purchases and services -€332,374
down €332,374 (-20.5%), from €1.6m to €1.3m
- Gross operating margin -€268,220
down €268,220 (-74.0%), from €362,580 to €94,360
- Staff costs -€163,922
down €163,922 (-78.1%), from €209,977 to €46,055
- Taxes -€24,949
down €24,949 (-64.1%), from €38,911 to €13,962
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 | €686,815 | €787,140 | +€100,325 | +14.6% |
| Fixed assets | 21/28 | €1,701 | €652 | -€1,049 | -61.7% |
| Tangible fixed assets | 22/27 | €1,701 | €652 | -€1,049 | -61.7% |
| Plant, machinery and equipment | 23 | €1,223 | €652 | -€572 | -46.7% |
| Furniture and vehicles | 24 | €478 | - | -€478 | |
| Current assets | 29/58 | €685,114 | €786,489 | +€101,374 | +14.8% |
| Amounts receivable within one year | 40/41 | €661,380 | €760,207 | +€98,827 | +14.9% |
| Trade receivables | 40 | €188,570 | €194,063 | +€5,493 | +2.9% |
| Other amounts receivable | 41 | €472,810 | €566,144 | +€93,334 | +19.7% |
| Cash at bank and in hand | 54/58 | €386 | €401 | +€15 | +3.8% |
| Deferred charges and accrued income | 490/1 | €23,348 | €25,881 | +€2,533 | +10.8% |
| Total equity and liabilities | 10/49 | €686,815 | €787,140 | +€100,325 | +14.6% |
| Equity | 10/15 | €320,003 | €327,877 | +€7,874 | +2.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €318,003 | €325,877 | +€7,874 | +2.5% |
| Amounts payable | 17/49 | €366,812 | €459,263 | +€92,451 | +25.2% |
| Amounts payable within one year | 42/48 | €366,812 | €459,263 | +€92,451 | +25.2% |
| Trade debts | 44 | €195,630 | €370,243 | +€174,613 | +89.3% |
| Suppliers | 440/4 | €195,630 | €370,243 | +€174,613 | +89.3% |
| Taxes, remuneration and social security | 45 | €159,523 | €89,020 | -€70,503 | -44.2% |
| Taxes | 450/3 | €98,613 | €64,398 | -€34,215 | -34.7% |
| Remuneration and social security | 454/9 | €60,910 | €24,622 | -€36,288 | -59.6% |
| Other amounts payable | 47/48 | €11,659 | - | -€11,659 | |
| Turnover | 70 | €1,956,753 | €1,338,515 | -€618,238 | -31.6% |
| Non-recurring operating income | 76A | €25,811 | €43,455 | +€17,644 | +68.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,619,984 | €1,287,610 | -€332,374 | -20.5% |
| Remuneration, social security and pensions | 62 | €209,977 | €46,055 | -€163,922 | -78.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,789 | €1,049 | -€740 | -41.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €14,345 | - | -€14,345 | |
| Other operating charges | 640/8 | €9,397 | €25,107 | +€15,710 | +167% |
| Gross operating margin | 9900 | €362,580 | €94,360 | -€268,220 | -74.0% |
| Operating profit (loss) | 9901 | €127,072 | €22,149 | -€104,923 | -82.6% |
| Financial income | 75/76B | €2 | €0 | -€2 | -99.0% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -99.0% |
| Financial charges | 65/66B | €1,595 | €313 | -€1,282 | -80.4% |
| Recurring financial charges | 65 | €1,595 | €313 | -€1,282 | -80.4% |
| Profit (loss) for the period before taxes | 9903 | €125,479 | €21,836 | -€103,643 | -82.6% |
| Income taxes | 67/77 | €38,911 | €13,962 | -€24,949 | -64.1% |
| Profit (loss) for the period | 9904 | €86,568 | €7,874 | -€78,694 | -90.9% |
| Profit (loss) for the period to be appropriated | 9905 | €86,568 | €7,874 | -€78,694 | -90.9% |
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 25 October 2026 via checked.be.