GASPARIUS: 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.
GASPARIUS
Largest movements
- Cash +€16,076
up €16,076 (+17.8%), from €90,275 to €106,352
mainly Other debts (+€50,338) and Net result for the year (+€37,652)
- Receivables within one year +€10,727
up €10,727 (+62.8%), from €17,075 to €27,802
of which Trade receivables: +€14,480
- Tangible fixed assets -€9,068
down €9,068 (-24.9%), from €36,453 to €27,386
of which Furniture and vehicles: -€8,584
- Other debts +€50,338
up €50,338 (+90.8%), from €55,410 to €105,748
- Profit (loss) carried forward -€23,348
down €23,348 (-38.1%), from €61,351 to €38,003
- Debts after one year -€11,977
down €11,977 (-47.4%), from €25,251 to €13,274
- Trade debts +€9,080
up €9,080 (+195%), from €4,645 to €13,725
- Tax, wage and social debts -€6,815
down €6,815 (-50.4%), from €13,529 to €6,715
- Gross operating margin -€13,088
down €13,088 (-16.5%), from €79,436 to €66,349
- Financial income -€8,736
down €8,736 (-99.9%), from €8,745 to €9
- Taxes -€3,968
down €3,968 (-22.4%), from €17,751 to €13,783
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 | €178,703 | €196,441 | +€17,738 | +9.9% |
| Fixed assets | 21/28 | €71,116 | €62,049 | -€9,068 | -12.8% |
| Tangible fixed assets | 22/27 | €36,453 | €27,386 | -€9,068 | -24.9% |
| Furniture and vehicles | 24 | €21,460 | €12,876 | -€8,584 | -40.0% |
| Other tangible fixed assets | 26 | €14,993 | €14,510 | -€483 | -3.2% |
| Financial fixed assets | 28 | €34,663 | €34,663 | = | 0.0% |
| Current assets | 29/58 | €107,587 | €134,393 | +€26,806 | +24.9% |
| Amounts receivable within one year | 40/41 | €17,075 | €27,802 | +€10,727 | +62.8% |
| Trade receivables | 40 | €13,105 | €27,585 | +€14,480 | +110% |
| Other amounts receivable | 41 | €3,970 | €217 | -€3,752 | -94.5% |
| Cash at bank and in hand | 54/58 | €90,275 | €106,352 | +€16,076 | +17.8% |
| Deferred charges and accrued income | 490/1 | €237 | €239 | +€2 | +0.8% |
| Total equity and liabilities | 10/49 | €178,703 | €196,441 | +€17,738 | +9.9% |
| Equity | 10/15 | €68,351 | €45,003 | -€23,348 | -34.2% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €61,351 | €38,003 | -€23,348 | -38.1% |
| Amounts payable | 17/49 | €110,352 | €151,439 | +€41,086 | +37.2% |
| Amounts payable after more than one year | 17 | €25,251 | €13,274 | -€11,977 | -47.4% |
| Financial debts | 170/4 | €25,251 | €13,274 | -€11,977 | -47.4% |
| Amounts payable within one year | 42/48 | €85,101 | €138,165 | +€53,064 | +62.4% |
| Current portion of amounts payable after more than one year | 42 | €11,517 | €11,977 | +€460 | +4.0% |
| Trade debts | 44 | €4,645 | €13,725 | +€9,080 | +195% |
| Suppliers | 440/4 | €4,645 | €13,725 | +€9,080 | +195% |
| Taxes, remuneration and social security | 45 | €13,529 | €6,715 | -€6,815 | -50.4% |
| Taxes | 450/3 | €13,529 | €6,715 | -€6,815 | -50.4% |
| Other amounts payable | 47/48 | €55,410 | €105,748 | +€50,338 | +90.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,178 | €11,960 | +€782 | +7.0% |
| Other operating charges | 640/8 | €703 | €1,278 | +€575 | +81.8% |
| Gross operating margin | 9900 | €79,436 | €66,349 | -€13,088 | -16.5% |
| Operating profit (loss) | 9901 | €67,556 | €53,111 | -€14,445 | -21.4% |
| Financial income | 75/76B | €8,745 | €9 | -€8,736 | -99.9% |
| Recurring financial income | 75 | €8,745 | €9 | -€8,736 | -99.9% |
| Financial charges | 65/66B | €1,992 | €1,686 | -€307 | -15.4% |
| Recurring financial charges | 65 | €1,992 | €1,686 | -€307 | -15.4% |
| Profit (loss) for the period before taxes | 9903 | €74,308 | €51,435 | -€22,873 | -30.8% |
| Income taxes | 67/77 | €17,751 | €13,783 | -€3,968 | -22.4% |
| Profit (loss) for the period | 9904 | €56,557 | €37,652 | -€18,905 | -33.4% |
| Profit (loss) for the period to be appropriated | 9905 | €56,557 | €37,652 | -€18,905 | -33.4% |
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 19 October 2026 via checked.be.