GASPITEX: what changed
Two fiscal 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.
GASPITEX
Largest movements
- Receivables within one year -€38,576
down €38,576 (-20.4%), from €188,982 to €150,406
of which Trade receivables: -€39,010
- Tangible fixed assets +€12,766
new in 2025: €12,766
- Cash +€11,725
up €11,725 (+411.2%), from €2,851 to €14,577
mainly Net result for the year (+€124,174) and Other debts (+€59,101)
- Debts after one year -€96,073
down €96,073 (-15.9%), from €602,829 to €506,757
- Reserves +€74,174
up €74,174 (+27.6%), from €269,196 to €343,370
of which Tax-exempt reserves: +€37,890
- Other debts +€59,101
up €59,101 (+415.3%), from €14,229 to €73,330
- Tax, wage and social debts -€55,384
down €55,384 (-60.9%), from €90,962 to €35,578
of which Taxes: -€55,384
- Financial charges -€4,868
down €4,868 (-16.5%), from €29,432 to €24,565
- Depreciation +€2,731
new in 2025: €2,731
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.
Cash bridge derived
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 | €1,091,833 | €1,080,151 | -€11,682 | -1.1% |
| Fixed assets | 21/28 | €900,000 | €912,766 | +€12,766 | +1.4% |
| Tangible fixed assets | 22/27 | - | €12,766 | +€12,766 | |
| Furniture and vehicles | 24 | - | €12,766 | +€12,766 | |
| Financial fixed assets | 28 | €900,000 | €900,000 | = | 0.0% |
| Current assets | 29/58 | €191,833 | €167,384 | -€24,449 | -12.7% |
| Amounts receivable within one year | 40/41 | €188,982 | €150,406 | -€38,576 | -20.4% |
| Trade receivables | 40 | €185,310 | €146,300 | -€39,010 | -21.1% |
| Other amounts receivable | 41 | €3,672 | €4,106 | +€434 | +11.8% |
| Cash at bank and in hand | 54/58 | €2,851 | €14,577 | +€11,725 | +411.2% |
| Deferred charges and accrued income | 490/1 | - | €2,402 | +€2,402 | |
| Total equity and liabilities | 10/49 | €1,091,833 | €1,080,151 | -€11,682 | -1.1% |
| Equity | 10/15 | €274,196 | €348,370 | +€74,174 | +27.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €269,196 | €343,370 | +€74,174 | +27.6% |
| Tax-exempt reserves | 132 | - | €37,890 | +€37,890 | |
| Distributable reserves | 133 | €269,196 | €305,480 | +€36,284 | +13.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €817,637 | €731,781 | -€85,857 | -10.5% |
| Amounts payable after more than one year | 17 | €602,829 | €506,757 | -€96,073 | -15.9% |
| Financial debts | 170/4 | €602,829 | €506,757 | -€96,073 | -15.9% |
| Amounts payable within one year | 42/48 | €214,173 | €224,389 | +€10,216 | +4.8% |
| Current portion of amounts payable after more than one year | 42 | €97,305 | €103,438 | +€6,133 | +6.3% |
| Financial debts | 43 | - | €10,138 | +€10,138 | |
| Credit institutions | 430/8 | - | €10,138 | +€10,138 | |
| Trade debts | 44 | €11,676 | €1,904 | -€9,771 | -83.7% |
| Suppliers | 440/4 | €11,676 | €1,904 | -€9,771 | -83.7% |
| Taxes, remuneration and social security | 45 | €90,962 | €35,578 | -€55,384 | -60.9% |
| Taxes | 450/3 | €90,962 | €35,578 | -€55,384 | -60.9% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €14,229 | €73,330 | +€59,101 | +415.3% |
| Accrued charges and deferred income | 492/3 | €635 | €635 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,731 | +€2,731 | |
| Other operating charges | 640/8 | €86 | €333 | +€247 | +286.8% |
| Gross operating margin | 9900 | €194,513 | €192,846 | -€1,666 | -0.9% |
| Operating profit (loss) | 9901 | €194,427 | €189,783 | -€4,644 | -2.4% |
| Financial income | 75/76B | €153 | €117 | -€36 | -23.2% |
| Recurring financial income | 75 | €153 | €117 | -€36 | -23.2% |
| Financial charges | 65/66B | €29,432 | €24,565 | -€4,868 | -16.5% |
| Recurring financial charges | 65 | €29,432 | €24,565 | -€4,868 | -16.5% |
| Profit (loss) for the period before taxes | 9903 | €165,147 | €165,336 | +€188 | +0.1% |
| Income taxes | 67/77 | €41,953 | €41,162 | -€791 | -1.9% |
| Profit (loss) for the period | 9904 | €123,195 | €124,174 | +€980 | +0.8% |
| Transfer to tax-exempt reserves | 689 | - | €37,890 | +€37,890 | |
| Profit (loss) for the period to be appropriated | 9905 | €123,195 | €86,284 | -€36,910 | -30.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.