Gaddie: 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.
Gaddie
Largest movements
- Receivables within one year -€24,090
down €24,090 (-58.8%), from €40,997 to €16,907
of which Other amounts receivable: -€35,178
- Cash -€5,207
down €5,207 (-75.1%), from €6,936 to €1,728
mainly Net result for the year (-€40,203) and Debts after one year (-€10,924)
- Stocks and contracts -€1,500
down €1,500 (-42.9%), from €3,500 to €2,000
- Tangible fixed assets -€976
down €976 (-33.3%), from €2,928 to €1,952
- Intangible fixed assets -€898
down €898 (-20.7%), from €4,345 to €3,448
- Profit (loss) carried forward -€40,203
down €40,203 (-75.2%), from -€53,485 to -€93,688
- Other debts +€27,807
up €27,807 (+20413.0%), from €136 to €27,943
- Debts after one year -€10,924
down €10,924 (-27.1%), from €40,268 to €29,344
- Trade debts -€7,602
down €7,602 (-78.1%), from €9,732 to €2,130
- Tax, wage and social debts -€1,719
down €1,719 (-80.4%), from €2,139 to €420
of which Remuneration and social security: -€2,075
- Gross operating margin +€16,204
up €16,204 (+32.1%), from -€50,411 to -€34,207
- Depreciation +€1,731
up €1,731 (+1207.5%), from €143 to €1,874
- Financial charges +€838
up €838 (+31.2%), from €2,686 to €3,523
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 | €59,437 | €27,072 | -€32,365 | -54.5% |
| Fixed assets | 21/28 | €7,274 | €5,400 | -€1,874 | -25.8% |
| Intangible fixed assets | 21 | €4,345 | €3,448 | -€898 | -20.7% |
| Tangible fixed assets | 22/27 | €2,928 | €1,952 | -€976 | -33.3% |
| Other tangible fixed assets | 26 | €2,928 | €1,952 | -€976 | -33.3% |
| Current assets | 29/58 | €52,164 | €21,673 | -€30,491 | -58.5% |
| Stocks and contracts in progress | 3 | €3,500 | €2,000 | -€1,500 | -42.9% |
| Stocks | 30/36 | €3,500 | €2,000 | -€1,500 | -42.9% |
| Amounts receivable within one year | 40/41 | €40,997 | €16,907 | -€24,090 | -58.8% |
| Trade receivables | 40 | €5,819 | €16,907 | +€11,088 | +190.5% |
| Other amounts receivable | 41 | €35,178 | €0 | -€35,178 | -100.0% |
| Cash at bank and in hand | 54/58 | €6,936 | €1,728 | -€5,207 | -75.1% |
| Deferred charges and accrued income | 490/1 | €731 | €1,037 | +€306 | +41.9% |
| Total equity and liabilities | 10/49 | €59,437 | €27,072 | -€32,365 | -54.5% |
| Equity | 10/15 | -€3,485 | -€43,688 | -€40,203 | -1153.5% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€53,485 | -€93,688 | -€40,203 | -75.2% |
| Amounts payable | 17/49 | €62,923 | €70,761 | +€7,838 | +12.5% |
| Amounts payable after more than one year | 17 | €40,268 | €29,344 | -€10,924 | -27.1% |
| Financial debts | 170/4 | €40,268 | €29,344 | -€10,924 | -27.1% |
| Amounts payable within one year | 42/48 | €22,494 | €41,417 | +€18,922 | +84.1% |
| Current portion of amounts payable after more than one year | 42 | €10,487 | €10,924 | +€437 | +4.2% |
| Trade debts | 44 | €9,732 | €2,130 | -€7,602 | -78.1% |
| Suppliers | 440/4 | €9,732 | €2,130 | -€7,602 | -78.1% |
| Taxes, remuneration and social security | 45 | €2,139 | €420 | -€1,719 | -80.4% |
| Taxes | 450/3 | €64 | €420 | +€355 | +552.3% |
| Remuneration and social security | 454/9 | €2,075 | €0 | -€2,075 | -100.0% |
| Other amounts payable | 47/48 | €136 | €27,943 | +€27,807 | +20413.0% |
| Accrued charges and deferred income | 492/3 | €160 | €0 | -€160 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €143 | €1,874 | +€1,731 | +1207.5% |
| Other operating charges | 640/8 | €181 | €468 | +€287 | +158.9% |
| Gross operating margin | 9900 | -€50,411 | -€34,207 | +€16,204 | +32.1% |
| Operating profit (loss) | 9901 | -€50,735 | -€36,550 | +€14,186 | +28.0% |
| Financial income | 75/76B | €0 | €2 | +€2 | +9050.0% |
| Recurring financial income | 75 | €0 | €2 | +€2 | +9050.0% |
| Financial charges | 65/66B | €2,686 | €3,523 | +€838 | +31.2% |
| Recurring financial charges | 65 | €2,686 | €3,523 | +€838 | +31.2% |
| Profit (loss) for the period before taxes | 9903 | -€53,421 | -€40,071 | +€13,350 | +25.0% |
| Income taxes | 67/77 | €64 | €132 | +€68 | +105.1% |
| Profit (loss) for the period | 9904 | -€53,485 | -€40,203 | +€13,282 | +24.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€53,485 | -€40,203 | +€13,282 | +24.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.