GASTRO-KADO: 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.
GASTRO-KADO
Largest movements
- Financial fixed assets -€224,226
down €224,226 (-100%), from €224,226 to €0
- Intangible fixed assets +€173,288
new in 2026: €173,288
- Stocks and contracts -€18,000
down €18,000 (-43.2%), from €41,650 to €23,650
- Deferred charges and accrued income +€14,129
up €14,129 (+273%), from €5,170 to €19,299
- Cash +€11,159
up €11,159 (+149%), from €7,500 to €18,659
mainly Depreciation (+€49,602) and Other debts (+€22,109)
- Short-term financial debts -€50,014
down €50,014 (-99.9%), from €50,051 to €37
of which Other loans: -€50,000
- Other debts +€22,109
up €22,109 (+26.2%), from €84,428 to €106,538
- Debts after one year -€19,657
down €19,657 (-56.6%), from €34,729 to €15,071
- Current portion of long-term debt +€8,143
up €8,143 (+51.8%), from €15,715 to €23,858
- Depreciation +€13,413
up €13,413 (+37.1%), from €36,189 to €49,602
- Financial charges -€6,540
down €6,540 (-41.5%), from €15,754 to €9,214
- Gross operating margin +€2,024
up €2,024 (+1.5%), from €137,414 to €139,438
- Staff costs -€1,550
down €1,550 (-2.1%), from €72,647 to €71,097
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €578,422 | €542,896 | -€35,526 | -6.1% |
| Fixed assets | 21/28 | €513,608 | €469,873 | -€43,735 | -8.5% |
| Intangible fixed assets | 21 | - | €173,288 | +€173,288 | |
| Tangible fixed assets | 22/27 | €289,383 | €296,585 | +€7,202 | +2.5% |
| Land and buildings | 22 | €263,399 | €270,830 | +€7,431 | +2.8% |
| Plant, machinery and equipment | 23 | €25,010 | €25,608 | +€598 | +2.4% |
| Furniture and vehicles | 24 | €974 | €147 | -€826 | -84.9% |
| Financial fixed assets | 28 | €224,226 | €0 | -€224,226 | -100% |
| Current assets | 29/58 | €64,814 | €73,023 | +€8,209 | +12.7% |
| Stocks and contracts in progress | 3 | €41,650 | €23,650 | -€18,000 | -43.2% |
| Stocks | 30/36 | €41,650 | €23,650 | -€18,000 | -43.2% |
| Amounts receivable within one year | 40/41 | €10,494 | €11,415 | +€922 | +8.8% |
| Trade receivables | 40 | €470 | €1,349 | +€879 | +187% |
| Other amounts receivable | 41 | €10,023 | €10,066 | +€43 | +0.4% |
| Cash at bank and in hand | 54/58 | €7,500 | €18,659 | +€11,159 | +149% |
| Deferred charges and accrued income | 490/1 | €5,170 | €19,299 | +€14,129 | +273% |
| Total equity and liabilities | 10/49 | €578,422 | €542,896 | -€35,526 | -6.1% |
| Equity | 10/15 | €351,751 | €352,925 | +€1,175 | +0.3% |
| Contributions | 10/11 | €109,000 | €109,000 | = | 0.0% |
| Capital | 10 | €109,000 | €109,000 | = | 0.0% |
| Issued capital | 100 | €109,000 | €109,000 | = | 0.0% |
| Reserves | 13 | €255,784 | €255,784 | = | 0.0% |
| Non-distributable reserves | 130/1 | €52,950 | €52,950 | = | 0.0% |
| Legal reserve | 130 | €52,950 | €52,950 | = | 0.0% |
| Distributable reserves | 133 | €202,834 | €202,834 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,034 | -€11,859 | +€1,175 | +9.0% |
| Amounts payable | 17/49 | €226,672 | €189,971 | -€36,700 | -16.2% |
| Amounts payable after more than one year | 17 | €34,729 | €15,071 | -€19,657 | -56.6% |
| Financial debts | 170/4 | €34,729 | €15,071 | -€19,657 | -56.6% |
| Amounts payable within one year | 42/48 | €191,943 | €174,900 | -€17,043 | -8.9% |
| Current portion of amounts payable after more than one year | 42 | €15,715 | €23,858 | +€8,143 | +51.8% |
| Financial debts | 43 | €50,051 | €37 | -€50,014 | -99.9% |
| Credit institutions | 430/8 | €51 | €37 | -€14 | -26.7% |
| Other loans | 439 | €50,000 | €0 | -€50,000 | -100% |
| Trade debts | 44 | €34,287 | €33,758 | -€529 | -1.5% |
| Suppliers | 440/4 | €34,287 | €33,758 | -€529 | -1.5% |
| Taxes, remuneration and social security | 45 | €7,462 | €10,709 | +€3,247 | +43.5% |
| Taxes | 450/3 | €493 | €1,648 | +€1,155 | +234% |
| Remuneration and social security | 454/9 | €6,969 | €9,061 | +€2,092 | +30.0% |
| Other amounts payable | 47/48 | €84,428 | €106,538 | +€22,109 | +26.2% |
| Non-recurring operating income | 76A | €13,446 | €0 | -€13,446 | -100% |
| Remuneration, social security and pensions | 62 | €72,647 | €71,097 | -€1,550 | -2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,189 | €49,602 | +€13,413 | +37.1% |
| Other operating charges | 640/8 | €6,931 | €6,339 | -€592 | -8.5% |
| Gross operating margin | 9900 | €137,414 | €139,438 | +€2,024 | +1.5% |
| Operating profit (loss) | 9901 | €21,646 | €12,400 | -€9,246 | -42.7% |
| Financial income | 75/76B | €61 | €121 | +€60 | +97.8% |
| Recurring financial income | 75 | €61 | €121 | +€60 | +97.8% |
| Financial charges | 65/66B | €15,754 | €9,214 | -€6,540 | -41.5% |
| Recurring financial charges | 65 | €15,754 | €9,214 | -€6,540 | -41.5% |
| Profit (loss) for the period before taxes | 9903 | €5,953 | €3,307 | -€2,646 | -44.5% |
| Income taxes | 67/77 | €810 | €2,132 | +€1,322 | +163% |
| Profit (loss) for the period | 9904 | €5,144 | €1,175 | -€3,969 | -77.2% |
| Profit (loss) for the period to be appropriated | 9905 | €5,144 | €1,175 | -€3,969 | -77.2% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.