GASON Romain: 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.
GASON Romain
Largest movements
- Tangible fixed assets +€346,812
up €346,812 (+70.5%), from €491,726 to €838,539
of which Furniture and vehicles: +€305,737
- Cash -€118,136
down €118,136 (-36.9%), from €320,474 to €202,338
mainly Investment in fixed assets (net) (-€478,972) and Receivables within one year (-€111,819)
- Receivables within one year +€111,819
up €111,819 (+114%), from €98,078 to €209,897
of which Trade receivables: +€75,333
- Debts after one year +€287,980
up €287,980 (+149%), from €193,226 to €481,206
- Trade debts -€77,104
down €77,104 (-62.0%), from €124,345 to €47,240
- Other debts +€41,004
up €41,004 (+183%), from €22,354 to €63,358
- Current portion of long-term debt +€36,295
up €36,295 (+46.2%), from €78,599 to €114,894
- Reserves +€30,000
up €30,000 (+1,732%), from €1,732 to €31,732
- Depreciation +€33,016
up €33,016 (+33.4%), from €98,809 to €131,825
- Staff costs +€28,797
up €28,797 (+10.7%), from €268,608 to €297,405
- Gross operating margin +€17,468
up €17,468 (+3.4%), from €516,598 to €534,066
- Taxes -€14,548
down €14,548 (-54.0%), from €26,923 to €12,375
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 | €910,280 | €1,251,110 | +€340,830 | +37.4% |
| Fixed assets | 21/28 | €491,727 | €838,875 | +€347,147 | +70.6% |
| Intangible fixed assets | 21 | €1 | €1 | = | 0.0% |
| Tangible fixed assets | 22/27 | €491,726 | €838,539 | +€346,812 | +70.5% |
| Land and buildings | 22 | €58,517 | €54,100 | -€4,417 | -7.5% |
| Plant, machinery and equipment | 23 | €288,066 | €333,557 | +€45,492 | +15.8% |
| Furniture and vehicles | 24 | €145,144 | €450,881 | +€305,737 | +211% |
| Financial fixed assets | 28 | - | €335 | +€335 | |
| Current assets | 29/58 | €418,552 | €412,235 | -€6,317 | -1.5% |
| Amounts receivable within one year | 40/41 | €98,078 | €209,897 | +€111,819 | +114% |
| Trade receivables | 40 | €74,259 | €149,592 | +€75,333 | +101% |
| Other amounts receivable | 41 | €23,819 | €60,305 | +€36,485 | +153% |
| Cash at bank and in hand | 54/58 | €320,474 | €202,338 | -€118,136 | -36.9% |
| Total equity and liabilities | 10/49 | €910,280 | €1,251,110 | +€340,830 | +37.4% |
| Equity | 10/15 | €437,745 | €457,439 | +€19,694 | +4.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,732 | €31,732 | +€30,000 | +1,732% |
| Distributable reserves | 133 | €1,732 | €31,732 | +€30,000 | +1,732% |
| Profit (loss) carried forward | 14 | €429,813 | €419,507 | -€10,306 | -2.4% |
| Amounts payable | 17/49 | €472,534 | €793,671 | +€321,136 | +68.0% |
| Amounts payable after more than one year | 17 | €193,226 | €481,206 | +€287,980 | +149% |
| Financial debts | 170/4 | €193,226 | €481,206 | +€287,980 | +149% |
| Amounts payable within one year | 42/48 | €261,309 | €288,465 | +€27,156 | +10.4% |
| Current portion of amounts payable after more than one year | 42 | €78,599 | €114,894 | +€36,295 | +46.2% |
| Trade debts | 44 | €124,345 | €47,240 | -€77,104 | -62.0% |
| Suppliers | 440/4 | €124,345 | €47,240 | -€77,104 | -62.0% |
| Taxes, remuneration and social security | 45 | €36,011 | €62,972 | +€26,961 | +74.9% |
| Taxes | 450/3 | €17,547 | €45,723 | +€28,177 | +161% |
| Remuneration and social security | 454/9 | €18,464 | €17,249 | -€1,215 | -6.6% |
| Other amounts payable | 47/48 | €22,354 | €63,358 | +€41,004 | +183% |
| Accrued charges and deferred income | 492/3 | €18,000 | €24,000 | +€6,000 | +33.3% |
| Remuneration, social security and pensions | 62 | €268,608 | €297,405 | +€28,797 | +10.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €98,809 | €131,825 | +€33,016 | +33.4% |
| Other operating charges | 640/8 | €3,384 | €3,768 | +€384 | +11.4% |
| Gross operating margin | 9900 | €516,598 | €534,066 | +€17,468 | +3.4% |
| Operating profit (loss) | 9901 | €145,796 | €101,068 | -€44,728 | -30.7% |
| Financial income | 75/76B | €2,830 | €2,272 | -€558 | -19.7% |
| Recurring financial income | 75 | €2,830 | €2,272 | -€558 | -19.7% |
| Financial charges | 65/66B | €6,482 | €11,272 | +€4,790 | +73.9% |
| Recurring financial charges | 65 | €6,482 | €11,272 | +€4,790 | +73.9% |
| Profit (loss) for the period before taxes | 9903 | €142,145 | €92,069 | -€50,076 | -35.2% |
| Income taxes | 67/77 | €26,923 | €12,375 | -€14,548 | -54.0% |
| Profit (loss) for the period | 9904 | €115,222 | €79,694 | -€35,528 | -30.8% |
| Profit (loss) for the period to be appropriated | 9905 | €115,222 | €79,694 | -€35,528 | -30.8% |
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 31 October 2026 via checked.be.