GAILLY MAZOUT: what changed
GAILLY MAZOUT
Largest movements
- Receivables within one year -€303,562
down €303,562 (-24.6%), from €1.2m to €928,755
of which Other amounts receivable: -€190,966
- Cash +€61,523
up €61,523 (+89.4%), from €68,837 to €130,359
mainly Receivables within one year (+€303,562) and Debts after one year (+€115,467)
- Tangible fixed assets -€30,210
down €30,210 (-11.5%), from €263,417 to €233,207
of which Furniture and vehicles: -€27,583
- Trade debts -€484,445
down €484,445 (-65.0%), from €745,752 to €261,307
- Reserves +€163,219
up €163,219 (+60.3%), from €270,662 to €433,881
of which Distributable reserves: +€163,219
- Debts after one year +€115,467
up €115,467 (+41.3%), from €279,349 to €394,816
of which Financial debts: +€115,467
- Profit (loss) carried forward -€89,218
no longer reported in 2025 (was €89,218)
- Other debts -€31,005
down €31,005 (-26.4%), from €117,627 to €86,622
- Staff costs -€224,474
down €224,474 (-41.6%), from €539,536 to €315,061
- Gross operating margin -€144,178
down €144,178 (-17.8%), from €811,572 to €667,394
- Other operating charges +€110,105
up €110,105 (+171%), from €64,468 to €174,572
- Depreciation -€20,580
down €20,580 (-23.7%), from €86,787 to €66,207
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,739,791 | €1,453,377 | -€286,414 | -16.5% |
| Fixed assets | 21/28 | €264,949 | €234,739 | -€30,210 | -11.4% |
| Tangible fixed assets | 22/27 | €263,417 | €233,207 | -€30,210 | -11.5% |
| Land and buildings | 22 | €8,109 | €5,482 | -€2,627 | -32.4% |
| Furniture and vehicles | 24 | €255,308 | €227,725 | -€27,583 | -10.8% |
| Financial fixed assets | 28 | €1,532 | €1,532 | = | 0.0% |
| Current assets | 29/58 | €1,474,842 | €1,218,638 | -€256,204 | -17.4% |
| Stocks and contracts in progress | 3 | €165,224 | €151,433 | -€13,792 | -8.3% |
| Stocks | 30/36 | €165,224 | €151,433 | -€13,792 | -8.3% |
| Amounts receivable within one year | 40/41 | €1,232,317 | €928,755 | -€303,562 | -24.6% |
| Trade receivables | 40 | €990,684 | €878,089 | -€112,595 | -11.4% |
| Other amounts receivable | 41 | €241,632 | €50,666 | -€190,966 | -79.0% |
| Cash at bank and in hand | 54/58 | €68,837 | €130,359 | +€61,523 | +89.4% |
| Deferred charges and accrued income | 490/1 | €8,465 | €8,091 | -€374 | -4.4% |
| Total equity and liabilities | 10/49 | €1,739,791 | €1,453,377 | -€286,414 | -16.5% |
| Equity | 10/15 | €499,502 | €573,502 | +€74,001 | +14.8% |
| Contributions | 10/11 | €139,622 | €139,622 | = | 0.0% |
| Reserves | 13 | €270,662 | €433,881 | +€163,219 | +60.3% |
| Non-distributable reserves | 130/1 | €13,962 | €13,962 | = | 0.0% |
| Reserves not available under the articles | 1311 | €13,962 | €13,962 | = | 0.0% |
| Distributable reserves | 133 | €256,700 | €419,919 | +€163,219 | +63.6% |
| Profit (loss) carried forward | 14 | €89,218 | - | -€89,218 | |
| Amounts payable | 17/49 | €1,240,289 | €879,874 | -€360,415 | -29.1% |
| Amounts payable after more than one year | 17 | €279,349 | €394,816 | +€115,467 | +41.3% |
| Financial debts | 170/4 | €29,349 | €144,816 | +€115,467 | +393% |
| Other amounts payable | 178/9 | €250,000 | €250,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €960,941 | €474,099 | -€486,842 | -50.7% |
| Current portion of amounts payable after more than one year | 42 | €50,057 | €58,787 | +€8,730 | +17.4% |
| Trade debts | 44 | €745,752 | €261,307 | -€484,445 | -65.0% |
| Suppliers | 440/4 | €745,752 | €261,307 | -€484,445 | -65.0% |
| Taxes, remuneration and social security | 45 | €47,505 | €67,383 | +€19,878 | +41.8% |
| Taxes | 450/3 | €19,762 | €27,496 | +€7,734 | +39.1% |
| Remuneration and social security | 454/9 | €27,743 | €39,888 | +€12,145 | +43.8% |
| Other amounts payable | 47/48 | €117,627 | €86,622 | -€31,005 | -26.4% |
| Accrued charges and deferred income | 492/3 | - | €10,960 | +€10,960 | |
| Non-recurring operating income | 76A | €111 | - | -€111 | |
| Remuneration, social security and pensions | 62 | €539,536 | €315,061 | -€224,474 | -41.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €86,787 | €66,207 | -€20,580 | -23.7% |
| Other operating charges | 640/8 | €64,468 | €174,572 | +€110,105 | +171% |
| Non-recurring operating charges | 66A | €1,741 | €988 | -€753 | -43.2% |
| Gross operating margin | 9900 | €811,572 | €667,394 | -€144,178 | -17.8% |
| Operating profit (loss) | 9901 | €119,041 | €110,565 | -€8,476 | -7.1% |
| Financial income | 75/76B | €8,913 | €4,219 | -€4,694 | -52.7% |
| Recurring financial income | 75 | €8,913 | €4,219 | -€4,694 | -52.7% |
| Financial charges | 65/66B | €16,787 | €22,427 | +€5,641 | +33.6% |
| Recurring financial charges | 65 | €16,787 | €22,427 | +€5,641 | +33.6% |
| Profit (loss) for the period before taxes | 9903 | €111,168 | €92,357 | -€18,811 | -16.9% |
| Income taxes | 67/77 | €21,950 | €18,356 | -€3,594 | -16.4% |
| Profit (loss) for the period | 9904 | €89,218 | €74,001 | -€15,217 | -17.1% |
| Profit (loss) for the period to be appropriated | 9905 | €89,218 | €74,001 | -€15,217 | -17.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.