Gandia: 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.
Gandia
Largest movements
- Receivables within one year -€87,305
down €87,305 (-4.4%), from €2.0m to €1.9m
of which Other amounts receivable: -€87,000
- Profit (loss) carried forward -€114,895
down €114,895 (-26.3%), from -€436,434 to -€551,329
- Financial charges -€111,525
down €111,525 (-50.7%), from €219,786 to €108,261
- Gross operating margin +€38,836
up €38,836 (+896%), from €4,335 to €43,171
- Other operating charges -€34,057
down €34,057 (-69.8%), from €48,804 to €14,746
- Financial income +€433
new in 2025: €433
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 | €5,107,770 | €4,975,502 | -€132,268 | -2.6% |
| Fixed assets | 21/28 | €3,098,713 | €3,063,222 | -€35,492 | -1.1% |
| Tangible fixed assets | 22/27 | €3,098,713 | €3,063,222 | -€35,492 | -1.1% |
| Land and buildings | 22 | €3,098,713 | €3,063,222 | -€35,492 | -1.1% |
| Current assets | 29/58 | €2,009,057 | €1,912,280 | -€96,776 | -4.8% |
| Amounts receivable within one year | 40/41 | €1,969,424 | €1,882,119 | -€87,305 | -4.4% |
| Trade receivables | 40 | €4,331 | €4,026 | -€305 | -7.0% |
| Other amounts receivable | 41 | €1,965,093 | €1,878,093 | -€87,000 | -4.4% |
| Cash at bank and in hand | 54/58 | €39,632 | €30,161 | -€9,471 | -23.9% |
| Total equity and liabilities | 10/49 | €5,107,770 | €4,975,502 | -€132,268 | -2.6% |
| Equity | 10/15 | €1,465,610 | €1,350,716 | -€114,895 | -7.8% |
| Contributions | 10/11 | €86,763 | €86,763 | = | 0.0% |
| Capital | 10 | €86,763 | €86,763 | = | 0.0% |
| Issued capital | 100 | €86,763 | €86,763 | = | 0.0% |
| Revaluation surpluses | 12 | €1,806,605 | €1,806,605 | = | 0.0% |
| Reserves | 13 | €8,676 | €8,676 | = | 0.0% |
| Non-distributable reserves | 130/1 | €8,676 | €8,676 | = | 0.0% |
| Legal reserve | 130 | €8,676 | €8,676 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€436,434 | -€551,329 | -€114,895 | -26.3% |
| Amounts payable | 17/49 | €3,642,160 | €3,624,786 | -€17,373 | -0.5% |
| Amounts payable within one year | 42/48 | €3,614,918 | €3,621,184 | +€6,266 | +0.2% |
| Current portion of amounts payable after more than one year | 42 | €475 | €1,675 | +€1,200 | +253% |
| Financial debts | 43 | €3,613,000 | €3,613,000 | = | 0.0% |
| Credit institutions | 430/8 | €3,613,000 | €3,613,000 | = | 0.0% |
| Trade debts | 44 | €1,443 | €6,509 | +€5,066 | +351% |
| Suppliers | 440/4 | €1,443 | €6,509 | +€5,066 | +351% |
| Accrued charges and deferred income | 492/3 | €27,241 | €3,602 | -€23,639 | -86.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,492 | €35,492 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €48,804 | €14,746 | -€34,057 | -69.8% |
| Gross operating margin | 9900 | €4,335 | €43,171 | +€38,836 | +896% |
| Operating profit (loss) | 9901 | -€79,961 | -€7,067 | +€72,894 | +91.2% |
| Financial income | 75/76B | - | €433 | +€433 | |
| Recurring financial income | 75 | - | €433 | +€433 | |
| Financial charges | 65/66B | €219,786 | €108,261 | -€111,525 | -50.7% |
| Recurring financial charges | 65 | €219,786 | €108,261 | -€111,525 | -50.7% |
| Profit (loss) for the period before taxes | 9903 | -€299,746 | -€114,895 | +€184,852 | +61.7% |
| Profit (loss) for the period | 9904 | -€299,746 | -€114,895 | +€184,852 | +61.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€299,746 | -€114,895 | +€184,852 | +61.7% |
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 14 October 2026 via checked.be.