GADGET AVENUE: 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.
GADGET AVENUE
Largest movements
- Tangible fixed assets +€29,909
up €29,909 (+4,436%), from €674 to €30,583
of which Furniture and vehicles: +€30,246
- Receivables within one year -€14,085
down €14,085 (-60.7%), from €23,216 to €9,131
of which Other amounts receivable: -€14,078
- Cash -€1,840
down €1,840 (-3.0%), from €61,901 to €60,061
mainly Investment in fixed assets (net) (-€37,807)
- Reserves +€10,000
up €10,000 (+49.9%), from €20,060 to €30,060
- Tax, wage and social debts +€2,413
up €2,413 (+28.7%), from €8,392 to €10,805
- Trade debts +€1,302
up €1,302 (+362%), from €360 to €1,662
- Financial income +€13,634
new in 2025: €13,634
of which Financial income: +€13,634
- Depreciation +€7,263
up €7,263 (+1,143%), from €635 to €7,899
- Gross operating margin +€2,791
up €2,791 (+33.9%), from €8,231 to €11,022
- Taxes +€2,485
up €2,485 (+69.8%), from €3,560 to €6,045
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 | €85,791 | €99,775 | +€13,984 | +16.3% |
| Fixed assets | 21/28 | €674 | €30,583 | +€29,909 | +4,436% |
| Tangible fixed assets | 22/27 | €674 | €30,583 | +€29,909 | +4,436% |
| Plant, machinery and equipment | 23 | €674 | €337 | -€337 | -50.0% |
| Furniture and vehicles | 24 | - | €30,246 | +€30,246 | |
| Current assets | 29/58 | €85,117 | €69,192 | -€15,925 | -18.7% |
| Amounts receivable within one year | 40/41 | €23,216 | €9,131 | -€14,085 | -60.7% |
| Trade receivables | 40 | €4,894 | €4,888 | -€6 | -0.1% |
| Other amounts receivable | 41 | €18,321 | €4,243 | -€14,078 | -76.8% |
| Cash at bank and in hand | 54/58 | €61,901 | €60,061 | -€1,840 | -3.0% |
| Total equity and liabilities | 10/49 | €85,791 | €99,775 | +€13,984 | +16.3% |
| Equity | 10/15 | €77,039 | €87,309 | +€10,270 | +13.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €20,060 | €30,060 | +€10,000 | +49.9% |
| Non-distributable reserves | 130/1 | €20,060 | €30,060 | +€10,000 | +49.9% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €18,200 | €28,200 | +€10,000 | +54.9% |
| Profit (loss) carried forward | 14 | €38,379 | €38,649 | +€270 | +0.7% |
| Amounts payable | 17/49 | €8,752 | €12,467 | +€3,714 | +42.4% |
| Amounts payable within one year | 42/48 | €8,752 | €12,467 | +€3,714 | +42.4% |
| Trade debts | 44 | €360 | €1,662 | +€1,302 | +362% |
| Suppliers | 440/4 | €360 | €1,662 | +€1,302 | +362% |
| Taxes, remuneration and social security | 45 | €8,392 | €10,805 | +€2,413 | +28.7% |
| Taxes | 450/3 | €8,392 | €10,805 | +€2,413 | +28.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €635 | €7,899 | +€7,263 | +1,143% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €8,231 | €11,022 | +€2,791 | +33.9% |
| Operating profit (loss) | 9901 | €7,208 | €2,723 | -€4,484 | -62.2% |
| Financial income | 75/76B | - | €13,634 | +€13,634 | |
| Recurring financial income | 75 | - | €13,634 | +€13,634 | |
| Non-recurring financial income | 76B | - | €13,634 | +€13,634 | |
| Financial charges | 65/66B | €42 | €43 | +€1 | +3.1% |
| Recurring financial charges | 65 | €42 | €43 | +€1 | +3.1% |
| Profit (loss) for the period before taxes | 9903 | €7,166 | €16,314 | +€9,149 | +128% |
| Income taxes | 67/77 | €3,560 | €6,045 | +€2,485 | +69.8% |
| Profit (loss) for the period | 9904 | €3,606 | €10,270 | +€6,664 | +185% |
| Profit (loss) for the period to be appropriated | 9905 | €3,606 | €10,270 | +€6,664 | +185% |
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 30 October 2026 via checked.be.