GATEWAY TRADING: 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 TRADING
Largest movements
- Cash -€33,264
down €33,264 (-64.8%), from €51,343 to €18,079
mainly Contributions, distributions and other (-€44,609) and Trade debts (-€27,258)
- Tangible fixed assets -€12,914
down €12,914 (-20.6%), from €62,824 to €49,910
- Reserves -€33,916
down €33,916 (-29.0%), from €116,910 to €82,995
- Other debts +€33,609
up €33,609 (+306%), from €11,000 to €44,609
- Trade debts -€27,258
down €27,258 (-76.6%), from €35,593 to €8,335
- Short-term financial debts -€12,538
down €12,538 (-100%), from €12,538 to €0
- Debts after one year -€9,868
down €9,868 (-34.1%), from €28,944 to €19,077
- Gross operating margin -€43,092
down €43,092 (-55.6%), from €77,486 to €34,394
- Taxes -€13,117
down €13,117 (-69.9%), from €18,766 to €5,649
- Depreciation +€11,279
up €11,279 (+690%), from €1,634 to €12,914
- Other operating charges +€1,923
up €1,923 (+55.5%), from €3,463 to €5,386
- Financial charges +€1,162
up €1,162 (+177%), from €656 to €1,818
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 | €224,457 | €178,195 | -€46,262 | -20.6% |
| Fixed assets | 21/28 | €62,824 | €49,910 | -€12,914 | -20.6% |
| Tangible fixed assets | 22/27 | €62,824 | €49,910 | -€12,914 | -20.6% |
| Furniture and vehicles | 24 | €62,824 | €49,910 | -€12,914 | -20.6% |
| Current assets | 29/58 | €161,634 | €128,285 | -€33,349 | -20.6% |
| Amounts receivable after more than one year | 29 | €45,000 | €45,000 | = | 0.0% |
| Other amounts receivable | 291 | €45,000 | €45,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €64,934 | €64,586 | -€349 | -0.5% |
| Trade receivables | 40 | €49,969 | €22,018 | -€27,951 | -55.9% |
| Other amounts receivable | 41 | €14,965 | €42,568 | +€27,603 | +184% |
| Cash at bank and in hand | 54/58 | €51,343 | €18,079 | -€33,264 | -64.8% |
| Deferred charges and accrued income | 490/1 | €356 | €620 | +€264 | +74.0% |
| Total equity and liabilities | 10/49 | €224,457 | €178,195 | -€46,262 | -20.6% |
| Equity | 10/15 | €123,110 | €89,195 | -€33,916 | -27.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €116,910 | €82,995 | -€33,916 | -29.0% |
| Distributable reserves | 133 | €116,910 | €82,995 | -€33,916 | -29.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €101,347 | €89,001 | -€12,346 | -12.2% |
| Amounts payable after more than one year | 17 | €28,944 | €19,077 | -€9,868 | -34.1% |
| Financial debts | 170/4 | €28,944 | €19,077 | -€9,868 | -34.1% |
| Amounts payable within one year | 42/48 | €72,403 | €69,924 | -€2,479 | -3.4% |
| Current portion of amounts payable after more than one year | 42 | €9,506 | €9,868 | +€362 | +3.8% |
| Financial debts | 43 | €12,538 | €0 | -€12,538 | -100% |
| Credit institutions | 430/8 | €12,538 | €0 | -€12,538 | -100% |
| Trade debts | 44 | €35,593 | €8,335 | -€27,258 | -76.6% |
| Suppliers | 440/4 | €35,593 | €8,335 | -€27,258 | -76.6% |
| Taxes, remuneration and social security | 45 | €3,766 | €7,112 | +€3,347 | +88.9% |
| Taxes | 450/3 | €3,766 | €7,112 | +€3,347 | +88.9% |
| Other amounts payable | 47/48 | €11,000 | €44,609 | +€33,609 | +306% |
| Non-recurring operating income | 76A | €7,000 | €0 | -€7,000 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,634 | €12,914 | +€11,279 | +690% |
| Other operating charges | 640/8 | €3,463 | €5,386 | +€1,923 | +55.5% |
| Gross operating margin | 9900 | €77,486 | €34,394 | -€43,092 | -55.6% |
| Operating profit (loss) | 9901 | €72,389 | €16,094 | -€56,294 | -77.8% |
| Financial income | 75/76B | €1,314 | €2,066 | +€752 | +57.2% |
| Recurring financial income | 75 | €1,314 | €2,066 | +€752 | +57.2% |
| Financial charges | 65/66B | €656 | €1,818 | +€1,162 | +177% |
| Recurring financial charges | 65 | €656 | €1,818 | +€1,162 | +177% |
| Profit (loss) for the period before taxes | 9903 | €73,047 | €16,343 | -€56,704 | -77.6% |
| Income taxes | 67/77 | €18,766 | €5,649 | -€13,117 | -69.9% |
| Profit (loss) for the period | 9904 | €54,281 | €10,693 | -€43,587 | -80.3% |
| Profit (loss) for the period to be appropriated | 9905 | €54,281 | €10,693 | -€43,587 | -80.3% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.