GATEWAY COMMUNICATIONS: 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.
GATEWAY COMMUNICATIONS
Largest movements
- Receivables within one year -€10.0m
down €10.0m (-86.2%), from €11.5m to €1.6m
of which Trade receivables: -€9.9m
- Cash -€133,612
down €133,612 (-31.4%), from €425,097 to €291,485
mainly Trade debts (-€10.5m) and Other debts (-€210,589)
- Trade debts -€10.5m
down €10.5m (-93.5%), from €11.2m to €732,488
- Profit (loss) carried forward +€373,073
up €373,073 (+179.2%), from €208,227 to €581,300
- Other debts -€210,589
down €210,589 (-100.0%), from €210,589 to €0
- Tax, wage and social debts +€123,699
up €123,699 (+26.3%), from €470,641 to €594,340
of which Remuneration and social security: +€110,487
- Turnover -€1.2m
down €1.2m (-19.3%), from €6.2m to €5.0m
- Staff costs -€1.1m
down €1.1m (-23.5%), from €4.8m to €3.7m
- Financial income +€1.0m
up €1.0m (+6772.8%), from €14,953 to €1.0m
- Financial charges +€839,418
up €839,418 (+285157.5%), from €294 to €839,712
- Services and other goods -€137,133
down €137,133 (-11.4%), from €1.2m to €1.1m
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 | €12,144,362 | €1,976,327 | -€10.2m | -83.7% |
| Fixed assets | 21/28 | €64,648 | €68,347 | +€3,699 | +5.7% |
| Tangible fixed assets | 22/27 | €43,832 | €47,468 | +€3,635 | +8.3% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | 0.0% |
| Furniture and vehicles | 24 | €7,524 | €4,850 | -€2,674 | -35.5% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Assets under construction and advance payments | 27 | €36,308 | €42,618 | +€6,309 | +17.4% |
| Financial fixed assets | 28 | €20,816 | €20,879 | +€64 | +0.3% |
| Other financial fixed assets | 284/8 | €20,816 | €20,879 | +€64 | +0.3% |
| Amounts receivable and cash guarantees | 285/8 | €20,816 | €20,879 | +€64 | +0.3% |
| Current assets | 29/58 | €12,079,715 | €1,907,981 | -€10.2m | -84.2% |
| Amounts receivable within one year | 40/41 | €11,545,658 | €1,592,651 | -€10.0m | -86.2% |
| Trade receivables | 40 | €11,462,256 | €1,553,072 | -€9.9m | -86.5% |
| Other amounts receivable | 41 | €83,403 | €39,579 | -€43,823 | -52.5% |
| Cash at bank and in hand | 54/58 | €425,097 | €291,485 | -€133,612 | -31.4% |
| Deferred charges and accrued income | 490/1 | €108,959 | €23,844 | -€85,115 | -78.1% |
| Total equity and liabilities | 10/49 | €12,144,362 | €1,976,327 | -€10.2m | -83.7% |
| Equity | 10/15 | €276,427 | €649,500 | +€373,073 | +135.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €208,227 | €581,300 | +€373,073 | +179.2% |
| Amounts payable | 17/49 | €11,867,936 | €1,326,828 | -€10.5m | -88.8% |
| Amounts payable within one year | 42/48 | €11,867,936 | €1,326,828 | -€10.5m | -88.8% |
| Trade debts | 44 | €11,186,705 | €732,488 | -€10.5m | -93.5% |
| Suppliers | 440/4 | €11,186,705 | €732,488 | -€10.5m | -93.5% |
| Taxes, remuneration and social security | 45 | €470,641 | €594,340 | +€123,699 | +26.3% |
| Taxes | 450/3 | €0 | €13,212 | +€13,212 | |
| Remuneration and social security | 454/9 | €470,641 | €581,128 | +€110,487 | +23.5% |
| Other amounts payable | 47/48 | €210,589 | €0 | -€210,589 | -100.0% |
| Operating income | 70/76A | €6,376,818 | €5,156,663 | -€1.2m | -19.1% |
| Turnover | 70 | €6,170,733 | €4,981,109 | -€1.2m | -19.3% |
| Other operating income | 74 | €206,085 | €175,555 | -€30,531 | -14.8% |
| Operating charges | 60/66A | €6,094,381 | €4,795,320 | -€1.3m | -21.3% |
| Services and other goods | 61 | €1,203,972 | €1,066,838 | -€137,133 | -11.4% |
| Remuneration, social security and pensions | 62 | €4,832,293 | €3,695,508 | -€1.1m | -23.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,939 | €2,674 | -€11,265 | -80.8% |
| Other operating charges | 640/8 | €44,178 | €30,300 | -€13,878 | -31.4% |
| Operating profit (loss) | 9901 | €282,437 | €361,343 | +€78,906 | +27.9% |
| Financial income | 75/76B | €14,953 | €1,027,668 | +€1.0m | +6772.8% |
| Recurring financial income | 75 | €14,953 | €1,027,668 | +€1.0m | +6772.8% |
| Other financial income | 752/9 | €14,953 | €1,027,668 | +€1.0m | +6772.8% |
| Financial charges | 65/66B | €294 | €839,712 | +€839,418 | +285157.5% |
| Recurring financial charges | 65 | €294 | €839,712 | +€839,418 | +285157.5% |
| Other financial charges | 652/9 | €294 | €839,712 | +€839,418 | +285157.5% |
| Profit (loss) for the period before taxes | 9903 | €297,095 | €549,299 | +€252,203 | +84.9% |
| Income taxes | 67/77 | €106,739 | €176,225 | +€69,486 | +65.1% |
| Taxes | 670/3 | €107,024 | €176,225 | +€69,201 | +64.7% |
| Tax adjustments and reversals of tax provisions | 77 | €285 | - | -€285 | |
| Profit (loss) for the period | 9904 | €190,356 | €373,073 | +€182,717 | +96.0% |
| Profit (loss) for the period to be appropriated | 9905 | €190,356 | €373,073 | +€182,717 | +96.0% |
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.