GASDREAM: what changed
GASDREAM
Largest movements
- Cash +€20,781
up €20,781 (+150%), from €13,867 to €34,648
mainly Depreciation (+€17,095) and Receivables within one year (+€16,812)
- Receivables within one year -€16,812
down €16,812 (-60.4%), from €27,830 to €11,018
of which Trade receivables: -€14,490
- Tangible fixed assets -€13,652
down €13,652 (-28.8%), from €47,470 to €33,818
of which Furniture and vehicles: -€15,008
- Receivables after one year +€4,535
new in 2025: €4,535
- Deferred charges and accrued income -€2,871
down €2,871 (-68.5%), from €4,189 to €1,318
- Debts after one year -€9,417
down €9,417 (-29.9%), from €31,516 to €22,099
- Profit (loss) carried forward +€9,393
up €9,393 (+50.4%), from €18,633 to €28,026
- Trade debts -€7,290
down €7,290 (-71.3%), from €10,218 to €2,928
- Tax, wage and social debts +€6,467
up €6,467 (+424%), from €1,526 to €7,994
of which Remuneration and social security: +€3,997
- Current portion of long-term debt -€3,822
down €3,822 (-28.9%), from €13,239 to €9,417
- Gross operating margin +€15,679
up €15,679 (+99.5%), from €15,757 to €31,435
- Staff costs -€3,074
no longer reported in 2025 (was €3,074)
- Depreciation -€1,564
down €1,564 (-8.4%), from €18,659 to €17,095
- Taxes +€916
up €916 (+46.5%), from €1,970 to €2,887
- Financial charges -€709
down €709 (-26.2%), from €2,704 to €1,995
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 | €108,483 | €100,464 | -€8,019 | -7.4% |
| Fixed assets | 21/28 | €47,470 | €33,818 | -€13,652 | -28.8% |
| Tangible fixed assets | 22/27 | €47,470 | €33,818 | -€13,652 | -28.8% |
| Plant, machinery and equipment | 23 | €1,671 | €3,027 | +€1,356 | +81.2% |
| Furniture and vehicles | 24 | €45,799 | €30,791 | -€15,008 | -32.8% |
| Current assets | 29/58 | €61,014 | €66,646 | +€5,633 | +9.2% |
| Amounts receivable after more than one year | 29 | - | €4,535 | +€4,535 | |
| Other amounts receivable | 291 | - | €4,535 | +€4,535 | |
| Stocks and contracts in progress | 3 | €15,128 | €15,128 | = | 0.0% |
| Stocks | 30/36 | €15,128 | €15,128 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €27,830 | €11,018 | -€16,812 | -60.4% |
| Trade receivables | 40 | €22,994 | €8,504 | -€14,490 | -63.0% |
| Other amounts receivable | 41 | €4,836 | €2,514 | -€2,322 | -48.0% |
| Cash at bank and in hand | 54/58 | €13,867 | €34,648 | +€20,781 | +150% |
| Deferred charges and accrued income | 490/1 | €4,189 | €1,318 | -€2,871 | -68.5% |
| Total equity and liabilities | 10/49 | €108,483 | €100,464 | -€8,019 | -7.4% |
| Equity | 10/15 | €48,633 | €58,026 | +€9,393 | +19.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €20,000 | €20,000 | = | 0.0% |
| Distributable reserves | 133 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,633 | €28,026 | +€9,393 | +50.4% |
| Amounts payable | 17/49 | €59,850 | €42,438 | -€17,412 | -29.1% |
| Amounts payable after more than one year | 17 | €31,516 | €22,099 | -€9,417 | -29.9% |
| Financial debts | 170/4 | €31,516 | €22,099 | -€9,417 | -29.9% |
| Amounts payable within one year | 42/48 | €28,334 | €20,339 | -€7,995 | -28.2% |
| Current portion of amounts payable after more than one year | 42 | €13,239 | €9,417 | -€3,822 | -28.9% |
| Trade debts | 44 | €10,218 | €2,928 | -€7,290 | -71.3% |
| Suppliers | 440/4 | €10,218 | €2,928 | -€7,290 | -71.3% |
| Taxes, remuneration and social security | 45 | €1,526 | €7,994 | +€6,467 | +424% |
| Taxes | 450/3 | €997 | €3,467 | +€2,470 | +248% |
| Remuneration and social security | 454/9 | €530 | €4,527 | +€3,997 | +755% |
| Other amounts payable | 47/48 | €3,351 | - | -€3,351 | |
| Remuneration, social security and pensions | 62 | €3,074 | - | -€3,074 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,659 | €17,095 | -€1,564 | -8.4% |
| Other operating charges | 640/8 | €376 | €450 | +€74 | +19.8% |
| Gross operating margin | 9900 | €15,757 | €31,435 | +€15,679 | +99.5% |
| Operating profit (loss) | 9901 | -€6,352 | €13,890 | +€20,242 | |
| Financial income | 75/76B | €447 | €384 | -€64 | -14.2% |
| Recurring financial income | 75 | €447 | €384 | -€64 | -14.2% |
| Financial charges | 65/66B | €2,704 | €1,995 | -€709 | -26.2% |
| Recurring financial charges | 65 | €2,704 | €1,995 | -€709 | -26.2% |
| Profit (loss) for the period before taxes | 9903 | -€8,608 | €12,280 | +€20,888 | |
| Income taxes | 67/77 | €1,970 | €2,887 | +€916 | +46.5% |
| Profit (loss) for the period | 9904 | -€10,578 | €9,393 | +€19,971 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,578 | €9,393 | +€19,971 |
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 3 November 2026 via checked.be.