GASPART: 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.
GASPART
Largest movements
- Cash -€7,225
down €7,225 (-49.6%), from €14,556 to €7,331
mainly Investment in fixed assets (net) (-€7,365) and Debts after one year (-€6,783)
- Tangible fixed assets -€3,426
down €3,426 (-12.4%), from €27,662 to €24,236
of which Furniture and vehicles: -€7,237
- Receivables within one year +€2,561
up €2,561 (+31.4%), from €8,157 to €10,718
of which Other amounts receivable: +€1,873
- Debts after one year -€6,783
down €6,783 (-30.8%), from €22,001 to €15,218
- Profit (loss) carried forward -€6,189
down €6,189 (-82.1%), from -€7,543 to -€13,732
- Tax, wage and social debts +€5,257
up €5,257 (+113%), from €4,662 to €9,918
of which Remuneration and social security: +€2,646
- Other debts -€4,768
down €4,768 (-17.0%), from €28,019 to €23,250
- Trade debts +€3,151
up €3,151 (+39.2%), from €8,043 to €11,193
of which Bills of exchange payable: +€2,634
- Staff costs +€32,493
up €32,493 (+575%), from €5,654 to €38,147
- Write-downs -€7,500
down €7,500 (-100%), from €7,500 to €0
- Gross operating margin -€6,888
down €6,888 (-13.5%), from €51,181 to €44,293
- Taxes -€1,692
down €1,692 (-100%), from €1,692 to €0
- Depreciation +€830
up €830 (+8.3%), from €9,961 to €10,791
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 | €82,581 | €74,567 | -€8,014 | -9.7% |
| Fixed assets | 21/28 | €28,162 | €24,736 | -€3,426 | -12.2% |
| Tangible fixed assets | 22/27 | €27,662 | €24,236 | -€3,426 | -12.4% |
| Plant, machinery and equipment | 23 | €5,202 | €9,013 | +€3,811 | +73.3% |
| Furniture and vehicles | 24 | €22,460 | €15,223 | -€7,237 | -32.2% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €54,419 | €49,831 | -€4,588 | -8.4% |
| Stocks and contracts in progress | 3 | €29,996 | €29,996 | = | 0.0% |
| Stocks | 30/36 | €29,996 | €29,996 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €8,157 | €10,718 | +€2,561 | +31.4% |
| Trade receivables | 40 | €7,156 | €7,844 | +€689 | +9.6% |
| Other amounts receivable | 41 | €1,001 | €2,874 | +€1,873 | +187% |
| Cash at bank and in hand | 54/58 | €14,556 | €7,331 | -€7,225 | -49.6% |
| Deferred charges and accrued income | 490/1 | €1,711 | €1,787 | +€76 | +4.4% |
| Total equity and liabilities | 10/49 | €82,581 | €74,567 | -€8,014 | -9.7% |
| Equity | 10/15 | €13,459 | €7,269 | -€6,189 | -46.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,402 | €2,402 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €542 | €542 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,543 | -€13,732 | -€6,189 | -82.1% |
| Amounts payable | 17/49 | €69,122 | €67,298 | -€1,824 | -2.6% |
| Amounts payable after more than one year | 17 | €22,001 | €15,218 | -€6,783 | -30.8% |
| Financial debts | 170/4 | €22,001 | €15,218 | -€6,783 | -30.8% |
| Amounts payable within one year | 42/48 | €47,121 | €52,080 | +€4,959 | +10.5% |
| Current portion of amounts payable after more than one year | 42 | €6,218 | €6,218 | = | 0.0% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Other loans | 439 | €0 | - | = | |
| Trade debts | 44 | €8,043 | €11,193 | +€3,151 | +39.2% |
| Suppliers | 440/4 | €3,123 | €3,639 | +€516 | +16.5% |
| Bills of exchange payable | 441 | €4,920 | €7,554 | +€2,634 | +53.5% |
| Advances received on contracts in progress | 46 | €180 | €1,500 | +€1,320 | +733% |
| Taxes, remuneration and social security | 45 | €4,662 | €9,918 | +€5,257 | +113% |
| Taxes | 450/3 | €1,843 | €4,453 | +€2,610 | +142% |
| Remuneration and social security | 454/9 | €2,819 | €5,465 | +€2,646 | +93.9% |
| Other amounts payable | 47/48 | €28,019 | €23,250 | -€4,768 | -17.0% |
| Remuneration, social security and pensions | 62 | €5,654 | €38,147 | +€32,493 | +575% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,961 | €10,791 | +€830 | +8.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €7,500 | €0 | -€7,500 | -100% |
| Other operating charges | 640/8 | €764 | €753 | -€10 | -1.4% |
| Gross operating margin | 9900 | €51,181 | €44,293 | -€6,888 | -13.5% |
| Operating profit (loss) | 9901 | €27,302 | -€5,399 | -€32,700 | |
| Financial income | 75/76B | €160 | €1 | -€159 | -99.5% |
| Recurring financial income | 75 | €160 | €1 | -€159 | -99.5% |
| Financial charges | 65/66B | €1,429 | €792 | -€637 | -44.6% |
| Recurring financial charges | 65 | €1,429 | €792 | -€637 | -44.6% |
| Profit (loss) for the period before taxes | 9903 | €26,033 | -€6,189 | -€32,222 | |
| Income taxes | 67/77 | €1,692 | €0 | -€1,692 | -100% |
| Profit (loss) for the period | 9904 | €24,341 | -€6,189 | -€30,530 | |
| Profit (loss) for the period to be appropriated | 9905 | €24,341 | -€6,189 | -€30,530 |
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.