GARDE A VOUS !: 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.
GARDE A VOUS !
Largest movements
- Cash -€39,561
down €39,561 (-71.7%), from €55,187 to €15,626
mainly Debts after one year (-€930,254) and Net result for the year (-€55,328)
- Tangible fixed assets -€27,564
down €27,564 (-3.7%), from €738,570 to €711,005
of which Land and buildings: -€33,176
- Other debts +€934,830
new in 2025: €934,830
- Debts after one year -€930,254
no longer reported in 2025 (was €930,254)
- Profit (loss) carried forward -€55,328
down €55,328 (-25.9%), from -€213,827 to -€269,155
- Trade debts -€13,569
down €13,569 (-95.8%), from €14,157 to €588
- Depreciation +€6,674
up €6,674 (+21.3%), from €31,282 to €37,955
- Gross operating margin -€5,530
down €5,530 (-65.4%), from -€8,462 to -€13,992
- Other operating charges +€220
up €220 (+7.3%), from €3,002 to €3,223
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 | €794,409 | €727,914 | -€66,496 | -8.4% |
| Fixed assets | 21/28 | €738,570 | €711,005 | -€27,564 | -3.7% |
| Tangible fixed assets | 22/27 | €738,570 | €711,005 | -€27,564 | -3.7% |
| Land and buildings | 22 | €723,517 | €690,341 | -€33,176 | -4.6% |
| Furniture and vehicles | 24 | €15,052 | €20,664 | +€5,612 | +37.3% |
| Current assets | 29/58 | €55,840 | €16,908 | -€38,932 | -69.7% |
| Cash at bank and in hand | 54/58 | €55,187 | €15,626 | -€39,561 | -71.7% |
| Deferred charges and accrued income | 490/1 | €653 | €1,283 | +€630 | +96.4% |
| Total equity and liabilities | 10/49 | €794,409 | €727,914 | -€66,496 | -8.4% |
| Equity | 10/15 | -€153,827 | -€209,155 | -€55,328 | -36.0% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€213,827 | -€269,155 | -€55,328 | -25.9% |
| Amounts payable | 17/49 | €948,237 | €937,069 | -€11,168 | -1.2% |
| Amounts payable after more than one year | 17 | €930,254 | - | -€930,254 | |
| Other amounts payable | 178/9 | €930,254 | - | -€930,254 | |
| Amounts payable within one year | 42/48 | €15,808 | €937,069 | +€921,261 | +5827.8% |
| Trade debts | 44 | €14,157 | €588 | -€13,569 | -95.8% |
| Suppliers | 440/4 | €14,157 | €588 | -€13,569 | -95.8% |
| Taxes, remuneration and social security | 45 | €1,651 | €1,651 | = | 0.0% |
| Taxes | 450/3 | €1,651 | €1,651 | = | 0.0% |
| Other amounts payable | 47/48 | - | €934,830 | +€934,830 | |
| Accrued charges and deferred income | 492/3 | €2,174 | €0 | -€2,174 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,282 | €37,955 | +€6,674 | +21.3% |
| Other operating charges | 640/8 | €3,002 | €3,223 | +€220 | +7.3% |
| Gross operating margin | 9900 | -€8,462 | -€13,992 | -€5,530 | -65.4% |
| Operating profit (loss) | 9901 | -€42,745 | -€55,169 | -€12,424 | -29.1% |
| Financial income | 75/76B | €0 | €1 | +€1 | +940.0% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +940.0% |
| Financial charges | 65/66B | €193 | €160 | -€33 | -17.2% |
| Recurring financial charges | 65 | €193 | €160 | -€33 | -17.2% |
| Profit (loss) for the period before taxes | 9903 | -€42,938 | -€55,328 | -€12,390 | -28.9% |
| Profit (loss) for the period | 9904 | -€42,938 | -€55,328 | -€12,390 | -28.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€42,938 | -€55,328 | -€12,390 | -28.9% |
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 12 October 2026 via checked.be.