GAUDE: what changed
Two fiscal 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.
GAUDE
Largest movements
- Cash +€19,893
up €19,893 (+39.0%), from €51,066 to €70,959
mainly Net result for the year (+€10,970) and Depreciation (+€10,883)
- Tangible fixed assets -€8,403
down €8,403 (-60.9%), from €13,792 to €5,389
of which Furniture and vehicles: -€9,518
- Deferred charges and accrued income +€3,522
up €3,522 (+2817.4%), from €125 to €3,647
- Receivables within one year +€2,071
up €2,071 (+30.8%), from €6,721 to €8,792
of which Other amounts receivable: +€1,895
- Reserves +€10,970
up €10,970 (+26.1%), from €41,984 to €52,954
of which Distributable reserves: +€10,970
- Other debts +€3,704
up €3,704 (+1015.0%), from €365 to €4,069
- Trade debts +€934
up €934 (+18.2%), from €5,119 to €6,053
- Depreciation -€2,243
down €2,243 (-17.1%), from €13,126 to €10,883
- Financial income +€1,875
up €1,875 (+2757.5%), from €68 to €1,943
- Other operating charges +€1,807
up €1,807 (+197.8%), from €914 to €2,721
- Taxes +€1,427
up €1,427 (+18.3%), from €7,783 to €9,210
- Gross operating margin -€1,193
down €1,193 (-3.6%), from €33,250 to €32,057
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 | €71,704 | €88,786 | +€17,083 | +23.8% |
| Fixed assets | 21/28 | €13,792 | €5,389 | -€8,403 | -60.9% |
| Tangible fixed assets | 22/27 | €13,792 | €5,389 | -€8,403 | -60.9% |
| Land and buildings | 22 | €3,164 | €0 | -€3,164 | -100.0% |
| Furniture and vehicles | 24 | €10,628 | €1,109 | -€9,518 | -89.6% |
| Other tangible fixed assets | 26 | - | €4,280 | +€4,280 | |
| Current assets | 29/58 | €57,912 | €83,397 | +€25,485 | +44.0% |
| Amounts receivable within one year | 40/41 | €6,721 | €8,792 | +€2,071 | +30.8% |
| Trade receivables | 40 | €6,719 | €6,895 | +€176 | +2.6% |
| Other amounts receivable | 41 | €1 | €1,897 | +€1,895 | +152846.8% |
| Cash at bank and in hand | 54/58 | €51,066 | €70,959 | +€19,893 | +39.0% |
| Deferred charges and accrued income | 490/1 | €125 | €3,647 | +€3,522 | +2817.4% |
| Total equity and liabilities | 10/49 | €71,704 | €88,786 | +€17,083 | +23.8% |
| Equity | 10/15 | €55,784 | €66,754 | +€10,970 | +19.7% |
| Contributions | 10/11 | €13,800 | €13,800 | = | 0.0% |
| Reserves | 13 | €41,984 | €52,954 | +€10,970 | +26.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €41,984 | €52,954 | +€10,970 | +26.1% |
| Amounts payable | 17/49 | €15,920 | €22,032 | +€6,112 | +38.4% |
| Amounts payable within one year | 42/48 | €15,920 | €21,207 | +€5,288 | +33.2% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €5,119 | €6,053 | +€934 | +18.2% |
| Suppliers | 440/4 | €5,119 | €6,053 | +€934 | +18.2% |
| Taxes, remuneration and social security | 45 | €10,436 | €11,086 | +€650 | +6.2% |
| Taxes | 450/3 | €10,436 | €11,086 | +€650 | +6.2% |
| Other amounts payable | 47/48 | €365 | €4,069 | +€3,704 | +1015.0% |
| Accrued charges and deferred income | 492/3 | - | €825 | +€825 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,126 | €10,883 | -€2,243 | -17.1% |
| Other operating charges | 640/8 | €914 | €2,721 | +€1,807 | +197.8% |
| Gross operating margin | 9900 | €33,250 | €32,057 | -€1,193 | -3.6% |
| Operating profit (loss) | 9901 | €19,210 | €18,453 | -€757 | -3.9% |
| Financial income | 75/76B | €68 | €1,943 | +€1,875 | +2757.5% |
| Recurring financial income | 75 | €68 | €1,943 | +€1,875 | +2757.5% |
| Financial charges | 65/66B | €149 | €216 | +€67 | +44.9% |
| Recurring financial charges | 65 | €149 | €216 | +€67 | +44.9% |
| Profit (loss) for the period before taxes | 9903 | €19,129 | €20,180 | +€1,051 | +5.5% |
| Income taxes | 67/77 | €7,783 | €9,210 | +€1,427 | +18.3% |
| Profit (loss) for the period | 9904 | €11,346 | €10,970 | -€376 | -3.3% |
| Profit (loss) for the period to be appropriated | 9905 | €11,346 | €10,970 | -€376 | -3.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.