GARS: what changed
Two fiscal 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.
GARS
Largest movements
- Cash -€1,751
down €1,751 (-8.1%), from €21,693 to €19,942
mainly Net result for the year (-€2,373)
- Profit (loss) carried forward -€2,373
down €2,373 (-71.7%), from -€3,307 to -€5,680
- Other debts +€622
new in 2025: €622
- Other operating charges -€846
down €846 (-64.7%), from €1,308 to €462
- Gross operating margin +€60
up €60 (+3.4%), from -€1,749 to -€1,688
- Financial charges -€28
down €28 (-11.2%), from €251 to €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 | €21,693 | €19,942 | -€1,751 | -8.1% |
| Current assets | 29/58 | €21,693 | €19,942 | -€1,751 | -8.1% |
| Cash at bank and in hand | 54/58 | €21,693 | €19,942 | -€1,751 | -8.1% |
| Total equity and liabilities | 10/49 | €21,693 | €19,942 | -€1,751 | -8.1% |
| Equity | 10/15 | €21,693 | €19,320 | -€2,373 | -10.9% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,307 | -€5,680 | -€2,373 | -71.7% |
| Amounts payable | 17/49 | - | €622 | +€622 | |
| Amounts payable within one year | 42/48 | - | €622 | +€622 | |
| Other amounts payable | 47/48 | - | €622 | +€622 | |
| Other operating charges | 640/8 | €1,308 | €462 | -€846 | -64.7% |
| Gross operating margin | 9900 | -€1,749 | -€1,688 | +€60 | +3.4% |
| Operating profit (loss) | 9901 | -€3,056 | -€2,150 | +€906 | +29.7% |
| Financial charges | 65/66B | €251 | €223 | -€28 | -11.2% |
| Recurring financial charges | 65 | €251 | €223 | -€28 | -11.2% |
| Profit (loss) for the period before taxes | 9903 | -€3,307 | -€2,373 | +€935 | +28.3% |
| Profit (loss) for the period | 9904 | -€3,307 | -€2,373 | +€935 | +28.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,307 | -€2,373 | +€935 | +28.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.