Gasida: 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.
Gasida
Largest movements
- Stocks and contracts +€30,048
up €30,048 (+198%), from €15,175 to €45,223
- Cash +€15,057
up €15,057 (+84.7%), from €17,776 to €32,833
mainly Net result for the year (+€45,612) and Tax, wage and social debts (+€18,428)
- Receivables within one year +€10,086
up €10,086 (+31.7%), from €31,832 to €41,918
of which Other amounts receivable: +€5,297
- Tangible fixed assets -€7,100
down €7,100 (-14.2%), from €49,967 to €42,866
of which Leasing and similar rights: -€10,197
- Financial fixed assets +€4,005
new in 2025: €4,005
- Tax, wage and social debts +€18,428
up €18,428 (+138%), from €13,370 to €31,798
of which Taxes: +€16,996
- Other debts +€17,962
up €17,962 (+2,711%), from €663 to €18,624
- Short-term financial debts +€13,000
new in 2025: €13,000
- Debts after one year -€7,151
down €7,151 (-18.5%), from €38,613 to €31,462
- Reserves +€6,612
up €6,612 (+20.1%), from €32,977 to €39,589
- Gross operating margin +€57,580
up €57,580 (+136%), from €42,229 to €99,809
- Staff costs +€25,475
new in 2025: €25,475
- Depreciation +€6,923
up €6,923 (+119%), from €5,827 to €12,750
- Taxes +€5,096
up €5,096 (+77.1%), from €6,607 to €11,703
- Financial charges +€1,114
up €1,114 (+62.0%), from €1,796 to €2,911
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 | €115,268 | €169,778 | +€54,509 | +47.3% |
| Fixed assets | 21/28 | €49,967 | €46,872 | -€3,095 | -6.2% |
| Tangible fixed assets | 22/27 | €49,967 | €42,866 | -€7,100 | -14.2% |
| Plant, machinery and equipment | 23 | €1,191 | €789 | -€401 | -33.7% |
| Furniture and vehicles | 24 | €2,472 | €5,970 | +€3,498 | +142% |
| Leasing and similar rights | 25 | €46,304 | €36,107 | -€10,197 | -22.0% |
| Financial fixed assets | 28 | - | €4,005 | +€4,005 | |
| Current assets | 29/58 | €65,302 | €122,906 | +€57,604 | +88.2% |
| Stocks and contracts in progress | 3 | €15,175 | €45,223 | +€30,048 | +198% |
| Stocks | 30/36 | €15,175 | €45,223 | +€30,048 | +198% |
| Amounts receivable within one year | 40/41 | €31,832 | €41,918 | +€10,086 | +31.7% |
| Trade receivables | 40 | €31,832 | €36,622 | +€4,789 | +15.0% |
| Other amounts receivable | 41 | - | €5,297 | +€5,297 | |
| Cash at bank and in hand | 54/58 | €17,776 | €32,833 | +€15,057 | +84.7% |
| Deferred charges and accrued income | 490/1 | €518 | €2,931 | +€2,413 | +466% |
| Total equity and liabilities | 10/49 | €115,268 | €169,778 | +€54,509 | +47.3% |
| Equity | 10/15 | €34,977 | €41,589 | +€6,612 | +18.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €32,977 | €39,589 | +€6,612 | +20.1% |
| Distributable reserves | 133 | €32,977 | €39,589 | +€6,612 | +20.1% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €80,291 | €128,188 | +€47,897 | +59.7% |
| Amounts payable after more than one year | 17 | €38,613 | €31,462 | -€7,151 | -18.5% |
| Financial debts | 170/4 | €38,613 | €31,462 | -€7,151 | -18.5% |
| Amounts payable within one year | 42/48 | €41,678 | €96,726 | +€55,048 | +132% |
| Current portion of amounts payable after more than one year | 42 | €10,463 | €11,392 | +€929 | +8.9% |
| Financial debts | 43 | - | €13,000 | +€13,000 | |
| Credit institutions | 430/8 | - | €13,000 | +€13,000 | |
| Trade debts | 44 | €17,183 | €21,913 | +€4,730 | +27.5% |
| Suppliers | 440/4 | €17,183 | €21,913 | +€4,730 | +27.5% |
| Taxes, remuneration and social security | 45 | €13,370 | €31,798 | +€18,428 | +138% |
| Taxes | 450/3 | €11,370 | €28,366 | +€16,996 | +149% |
| Remuneration and social security | 454/9 | €2,000 | €3,431 | +€1,431 | +71.6% |
| Other amounts payable | 47/48 | €663 | €18,624 | +€17,962 | +2,711% |
| Remuneration, social security and pensions | 62 | - | €25,475 | +€25,475 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,827 | €12,750 | +€6,923 | +119% |
| Other operating charges | 640/8 | €722 | €1,586 | +€864 | +120% |
| Gross operating margin | 9900 | €42,229 | €99,809 | +€57,580 | +136% |
| Operating profit (loss) | 9901 | €35,679 | €59,998 | +€24,319 | +68.2% |
| Financial income | 75/76B | €2 | €228 | +€226 | +9,377% |
| Recurring financial income | 75 | €2 | €228 | +€226 | +9,377% |
| Financial charges | 65/66B | €1,796 | €2,911 | +€1,114 | +62.0% |
| Recurring financial charges | 65 | €1,796 | €2,911 | +€1,114 | +62.0% |
| Profit (loss) for the period before taxes | 9903 | €33,885 | €57,315 | +€23,430 | +69.1% |
| Income taxes | 67/77 | €6,607 | €11,703 | +€5,096 | +77.1% |
| Profit (loss) for the period | 9904 | €27,278 | €45,612 | +€18,334 | +67.2% |
| Profit (loss) for the period to be appropriated | 9905 | €27,278 | €45,612 | +€18,334 | +67.2% |
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.