GAPS2fill: 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.
GAPS2fill
Largest movements
- Cash +€63,564
up €63,564 (+245%), from €25,970 to €89,534
mainly Net result for the year (+€51,151) and Receivables within one year (+€5,183)
- Receivables within one year -€5,183
down €5,183 (-20.9%), from €24,809 to €19,626
of which Trade receivables: -€5,342
- Reserves +€51,151
up €51,151 (+103%), from €49,738 to €100,889
- Tax, wage and social debts +€4,551
up €4,551 (+389%), from €1,169 to €5,720
- Short-term financial debts +€4,222
new in 2025: €4,222
- Other debts -€2,176
no longer reported in 2025 (was €2,176)
- Trade debts +€1,369
up €1,369 (+174%), from €788 to €2,157
- Gross operating margin +€23,412
up €23,412 (+48.3%), from €48,507 to €71,919
- Taxes +€3,760
up €3,760 (+28.5%), from €13,186 to €16,946
- Financial charges +€880
up €880 (+155%), from €568 to €1,447
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 | €56,870 | €116,168 | +€59,297 | +104% |
| Fixed assets | 21/28 | €4,741 | €5,512 | +€772 | +16.3% |
| Tangible fixed assets | 22/27 | €4,741 | €5,512 | +€772 | +16.3% |
| Plant, machinery and equipment | 23 | €4,741 | €4,221 | -€520 | -11.0% |
| Furniture and vehicles | 24 | - | €1,292 | +€1,292 | |
| Current assets | 29/58 | €52,130 | €110,655 | +€58,526 | +112% |
| Amounts receivable within one year | 40/41 | €24,809 | €19,626 | -€5,183 | -20.9% |
| Trade receivables | 40 | €24,805 | €19,463 | -€5,342 | -21.5% |
| Other amounts receivable | 41 | €4 | €163 | +€159 | +4,171% |
| Cash at bank and in hand | 54/58 | €25,970 | €89,534 | +€63,564 | +245% |
| Deferred charges and accrued income | 490/1 | €1,351 | €1,495 | +€145 | +10.7% |
| Total equity and liabilities | 10/49 | €56,870 | €116,168 | +€59,297 | +104% |
| Equity | 10/15 | €52,738 | €103,889 | +€51,151 | +97.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €49,738 | €100,889 | +€51,151 | +103% |
| Distributable reserves | 133 | €49,738 | €100,889 | +€51,151 | +103% |
| Amounts payable | 17/49 | €4,132 | €12,279 | +€8,146 | +197% |
| Amounts payable within one year | 42/48 | €4,132 | €12,099 | +€7,967 | +193% |
| Financial debts | 43 | - | €4,222 | +€4,222 | |
| Credit institutions | 430/8 | - | €4,222 | +€4,222 | |
| Trade debts | 44 | €788 | €2,157 | +€1,369 | +174% |
| Suppliers | 440/4 | €788 | €2,157 | +€1,369 | +174% |
| Taxes, remuneration and social security | 45 | €1,169 | €5,720 | +€4,551 | +389% |
| Taxes | 450/3 | €1,169 | €5,720 | +€4,551 | +389% |
| Other amounts payable | 47/48 | €2,176 | - | -€2,176 | |
| Accrued charges and deferred income | 492/3 | - | €180 | +€180 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,983 | €2,188 | +€205 | +10.3% |
| Other operating charges | 640/8 | €182 | €186 | +€4 | +2.1% |
| Gross operating margin | 9900 | €48,507 | €71,919 | +€23,412 | +48.3% |
| Operating profit (loss) | 9901 | €46,342 | €69,545 | +€23,202 | +50.1% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €568 | €1,447 | +€880 | +155% |
| Recurring financial charges | 65 | €568 | €1,447 | +€880 | +155% |
| Profit (loss) for the period before taxes | 9903 | €45,775 | €68,098 | +€22,323 | +48.8% |
| Income taxes | 67/77 | €13,186 | €16,946 | +€3,760 | +28.5% |
| Profit (loss) for the period | 9904 | €32,589 | €51,151 | +€18,562 | +57.0% |
| Profit (loss) for the period to be appropriated | 9905 | €32,589 | €51,151 | +€18,562 | +57.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.