GASTON SCHUL VAT: what changed
GASTON SCHUL VAT
Largest movements
- Financial fixed assets +€22,500
up €22,500 (+75.0%), from €30,000 to €52,500
- Cash +€20,522
up €20,522 (+42.0%), from €48,911 to €69,433
mainly Net result for the year (+€121,117) and Other debts (+€22,500)
- Other debts +€22,500
up €22,500 (+100%), from €22,500 to €45,000
- Profit (loss) carried forward +€21,117
up €21,117 (+69.7%), from €30,301 to €51,418
- Tax, wage and social debts -€2,619
down €2,619 (-27.4%), from €9,554 to €6,935
- Accrued charges and deferred income +€1,800
new in 2025: €1,800
- Gross operating margin +€26,920
up €26,920 (+13.8%), from €195,534 to €222,454
- Taxes +€8,370
up €8,370 (+26.2%), from €32,003 to €40,372
- Staff costs -€6,100
down €6,100 (-9.3%), from €65,800 to €59,700
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €82,816 | €126,013 | +€43,197 | +52.2% |
| Fixed assets | 21/28 | €30,000 | €52,500 | +€22,500 | +75.0% |
| Financial fixed assets | 28 | €30,000 | €52,500 | +€22,500 | +75.0% |
| Current assets | 29/58 | €52,816 | €73,513 | +€20,697 | +39.2% |
| Amounts receivable within one year | 40/41 | €3,905 | €4,080 | +€175 | +4.5% |
| Trade receivables | 40 | €3,905 | €4,080 | +€175 | +4.5% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €48,911 | €69,433 | +€20,522 | +42.0% |
| Total equity and liabilities | 10/49 | €82,816 | €126,013 | +€43,197 | +52.2% |
| Equity | 10/15 | €50,761 | €71,878 | +€21,117 | +41.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,301 | €51,418 | +€21,117 | +69.7% |
| Amounts payable | 17/49 | €32,054 | €54,135 | +€22,080 | +68.9% |
| Amounts payable within one year | 42/48 | €32,054 | €52,335 | +€20,280 | +63.3% |
| Trade debts | 44 | - | €400 | +€400 | |
| Suppliers | 440/4 | - | €400 | +€400 | |
| Taxes, remuneration and social security | 45 | €9,554 | €6,935 | -€2,619 | -27.4% |
| Taxes | 450/3 | €9,554 | €6,935 | -€2,619 | -27.4% |
| Other amounts payable | 47/48 | €22,500 | €45,000 | +€22,500 | +100% |
| Accrued charges and deferred income | 492/3 | - | €1,800 | +€1,800 | |
| Remuneration, social security and pensions | 62 | €65,800 | €59,700 | -€6,100 | -9.3% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €195,534 | €222,454 | +€26,920 | +13.8% |
| Operating profit (loss) | 9901 | €129,229 | €162,235 | +€33,006 | +25.5% |
| Financial charges | 65/66B | €1,219 | €745 | -€473 | -38.8% |
| Recurring financial charges | 65 | €1,219 | €745 | -€473 | -38.8% |
| Profit (loss) for the period before taxes | 9903 | €128,010 | €161,489 | +€33,479 | +26.2% |
| Income taxes | 67/77 | €32,003 | €40,372 | +€8,370 | +26.2% |
| Profit (loss) for the period | 9904 | €96,007 | €121,117 | +€25,109 | +26.2% |
| Profit (loss) for the period to be appropriated | 9905 | €96,007 | €121,117 | +€25,109 | +26.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.