Gateaux: 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.
Gateaux
Largest movements
- Cash +€46,317
up €46,317 (+102.2%), from €45,318 to €91,634
mainly Net result for the year (+€37,754) and Receivables within one year (+€9,748)
- Receivables within one year -€9,748
down €9,748 (-55.3%), from €17,620 to €7,873
of which Trade receivables: -€9,743
- Deferred charges and accrued income -€4,629
down €4,629 (-73.9%), from €6,262 to €1,633
- Reserves +€37,754
up €37,754 (+57.1%), from €66,090 to €103,844
- Tax, wage and social debts -€7,547
down €7,547 (-34.5%), from €21,874 to €14,327
- Trade debts +€1,602
up €1,602 (+350.2%), from €457 to €2,059
- Gross operating margin -€36,420
down €36,420 (-43.3%), from €84,134 to €47,715
- Taxes -€7,540
down €7,540 (-43.6%), from €17,300 to €9,760
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 | €91,200 | €123,140 | +€31,940 | +35.0% |
| Fixed assets | 21/28 | €22,000 | €22,000 | = | 0.0% |
| Tangible fixed assets | 22/27 | €22,000 | €22,000 | = | 0.0% |
| Furniture and vehicles | 24 | €22,000 | €22,000 | = | 0.0% |
| Current assets | 29/58 | €69,200 | €101,140 | +€31,940 | +46.2% |
| Amounts receivable within one year | 40/41 | €17,620 | €7,873 | -€9,748 | -55.3% |
| Trade receivables | 40 | €17,615 | €7,873 | -€9,743 | -55.3% |
| Other amounts receivable | 41 | €5 | €0 | -€5 | -100.0% |
| Cash at bank and in hand | 54/58 | €45,318 | €91,634 | +€46,317 | +102.2% |
| Deferred charges and accrued income | 490/1 | €6,262 | €1,633 | -€4,629 | -73.9% |
| Total equity and liabilities | 10/49 | €91,200 | €123,140 | +€31,940 | +35.0% |
| Equity | 10/15 | €68,590 | €106,344 | +€37,754 | +55.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €66,090 | €103,844 | +€37,754 | +57.1% |
| Distributable reserves | 133 | €66,090 | €103,844 | +€37,754 | +57.1% |
| Amounts payable | 17/49 | €22,611 | €16,797 | -€5,814 | -25.7% |
| Amounts payable within one year | 42/48 | €22,611 | €16,797 | -€5,814 | -25.7% |
| Financial debts | 43 | €3 | €3 | = | 0.0% |
| Credit institutions | 430/8 | €3 | €3 | = | 0.0% |
| Trade debts | 44 | €457 | €2,059 | +€1,602 | +350.2% |
| Suppliers | 440/4 | €457 | €2,059 | +€1,602 | +350.2% |
| Taxes, remuneration and social security | 45 | €21,874 | €14,327 | -€7,547 | -34.5% |
| Taxes | 450/3 | €21,874 | €14,327 | -€7,547 | -34.5% |
| Other amounts payable | 47/48 | €276 | €407 | +€131 | +47.5% |
| Other operating charges | 640/8 | €502 | €120 | -€382 | -76.1% |
| Gross operating margin | 9900 | €84,134 | €47,715 | -€36,420 | -43.3% |
| Operating profit (loss) | 9901 | €83,632 | €47,595 | -€36,037 | -43.1% |
| Financial income | 75/76B | €1 | €0 | -€1 | -100.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100.0% |
| Financial charges | 65/66B | €243 | €81 | -€162 | -66.7% |
| Recurring financial charges | 65 | €243 | €81 | -€162 | -66.7% |
| Profit (loss) for the period before taxes | 9903 | €83,390 | €47,514 | -€35,876 | -43.0% |
| Income taxes | 67/77 | €17,300 | €9,760 | -€7,540 | -43.6% |
| Profit (loss) for the period | 9904 | €66,090 | €37,754 | -€28,336 | -42.9% |
| Profit (loss) for the period to be appropriated | 9905 | €66,090 | €37,754 | -€28,336 | -42.9% |
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 10 October 2026 via checked.be.