GATCHINEA: 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.
GATCHINEA
Largest movements
- Tangible fixed assets -€14,095
down €14,095 (-8.3%), from €169,168 to €155,073
of which Land and buildings: -€9,709
- Receivables within one year -€5,904
down €5,904 (-68.2%), from €8,654 to €2,750
of which Other amounts receivable: -€6,654
- Cash +€3,872
up €3,872 (+16.5%), from €23,530 to €27,402
mainly Trade debts (+€18,725) and Depreciation (+€18,292)
- Trade debts +€18,725
up €18,725 (+225%), from €8,318 to €27,043
- Debts after one year -€18,034
down €18,034 (-22.0%), from €82,058 to €64,024
- Other debts -€9,614
down €9,614 (-99.5%), from €9,663 to €49
- Accrued charges and deferred income -€8,739
no longer reported in 2025 (was €8,739)
- Tax, wage and social debts -€4,285
down €4,285 (-30.5%), from €14,059 to €9,775
of which Taxes: -€2,164
- Staff costs +€12,549
up €12,549 (+324%), from €3,878 to €16,427
- Taxes -€5,267
down €5,267 (-80.6%), from €6,535 to €1,268
- Gross operating margin -€2,299
down €2,299 (-4.5%), from €51,040 to €48,741
- Financial charges +€1,105
up €1,105 (+17.0%), from €6,487 to €7,592
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 | €221,494 | €206,529 | -€14,965 | -6.8% |
| Fixed assets | 21/28 | €174,118 | €160,023 | -€14,095 | -8.1% |
| Tangible fixed assets | 22/27 | €169,168 | €155,073 | -€14,095 | -8.3% |
| Land and buildings | 22 | €143,017 | €133,308 | -€9,709 | -6.8% |
| Plant, machinery and equipment | 23 | €18,497 | €17,882 | -€615 | -3.3% |
| Furniture and vehicles | 24 | €1,003 | €2,130 | +€1,127 | +112% |
| Leasing and similar rights | 25 | €2,353 | - | -€2,353 | |
| Other tangible fixed assets | 26 | €4,298 | €1,753 | -€2,545 | -59.2% |
| Financial fixed assets | 28 | €4,950 | €4,950 | = | 0.0% |
| Current assets | 29/58 | €47,377 | €46,506 | -€871 | -1.8% |
| Stocks and contracts in progress | 3 | €15,192 | €16,354 | +€1,162 | +7.6% |
| Stocks | 30/36 | €15,192 | €16,354 | +€1,162 | +7.6% |
| Amounts receivable within one year | 40/41 | €8,654 | €2,750 | -€5,904 | -68.2% |
| Trade receivables | 40 | €2,000 | €2,750 | +€750 | +37.5% |
| Other amounts receivable | 41 | €6,654 | - | -€6,654 | |
| Cash at bank and in hand | 54/58 | €23,530 | €27,402 | +€3,872 | +16.5% |
| Total equity and liabilities | 10/49 | €221,494 | €206,529 | -€14,965 | -6.8% |
| Equity | 10/15 | €83,458 | €86,726 | +€3,268 | +3.9% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €64,458 | €67,726 | +€3,268 | +5.1% |
| Distributable reserves | 133 | €64,458 | €67,726 | +€3,268 | +5.1% |
| Amounts payable | 17/49 | €138,036 | €119,803 | -€18,233 | -13.2% |
| Amounts payable after more than one year | 17 | €82,058 | €64,024 | -€18,034 | -22.0% |
| Financial debts | 170/4 | €82,058 | €64,024 | -€18,034 | -22.0% |
| Amounts payable within one year | 42/48 | €47,240 | €55,779 | +€8,539 | +18.1% |
| Current portion of amounts payable after more than one year | 42 | €15,200 | €15,714 | +€514 | +3.4% |
| Financial debts | 43 | - | €2,894 | +€2,894 | |
| Credit institutions | 430/8 | - | €2,894 | +€2,894 | |
| Trade debts | 44 | €8,318 | €27,043 | +€18,725 | +225% |
| Suppliers | 440/4 | €8,318 | €27,043 | +€18,725 | +225% |
| Advances received on contracts in progress | 46 | - | €305 | +€305 | |
| Taxes, remuneration and social security | 45 | €14,059 | €9,775 | -€4,285 | -30.5% |
| Taxes | 450/3 | €11,939 | €9,775 | -€2,164 | -18.1% |
| Remuneration and social security | 454/9 | €2,120 | - | -€2,120 | |
| Other amounts payable | 47/48 | €9,663 | €49 | -€9,614 | -99.5% |
| Accrued charges and deferred income | 492/3 | €8,739 | - | -€8,739 | |
| Remuneration, social security and pensions | 62 | €3,878 | €16,427 | +€12,549 | +324% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,208 | €18,292 | +€84 | +0.5% |
| Other operating charges | 640/8 | €2,017 | €2,077 | +€61 | +3.0% |
| Gross operating margin | 9900 | €51,040 | €48,741 | -€2,299 | -4.5% |
| Operating profit (loss) | 9901 | €26,938 | €11,945 | -€14,993 | -55.7% |
| Financial income | 75/76B | €213 | €184 | -€29 | -13.5% |
| Recurring financial income | 75 | €213 | €184 | -€29 | -13.5% |
| Financial charges | 65/66B | €6,487 | €7,592 | +€1,105 | +17.0% |
| Recurring financial charges | 65 | €6,487 | €7,592 | +€1,105 | +17.0% |
| Profit (loss) for the period before taxes | 9903 | €20,664 | €4,536 | -€16,127 | -78.0% |
| Income taxes | 67/77 | €6,535 | €1,268 | -€5,267 | -80.6% |
| Profit (loss) for the period | 9904 | €14,128 | €3,268 | -€10,860 | -76.9% |
| Profit (loss) for the period to be appropriated | 9905 | €14,128 | €3,268 | -€10,860 | -76.9% |
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.