Gauderis: 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.
Gauderis
Largest movements
- Receivables within one year +€27,102
up €27,102 (+30.1%), from €89,934 to €117,036
of which Other amounts receivable: +€35,802
- Tangible fixed assets -€11,234
down €11,234 (-24.3%), from €46,307 to €35,073
of which Furniture and vehicles: -€11,000
- Intangible fixed assets -€10,125
down €10,125 (-14.5%), from €70,031 to €59,906
- Cash -€2,693
down €2,693 (-55.1%), from €4,883 to €2,191
mainly Receivables within one year (-€27,102) and Debts after one year (-€4,282)
- Other debts +€8,111
up €8,111 (+14.0%), from €58,052 to €66,162
- Debts after one year -€4,282
down €4,282 (-3.8%), from €113,496 to €109,214
of which Financial debts: -€31,721
- Gross operating margin -€18,873
down €18,873 (-39.5%), from €47,800 to €28,927
- Other operating charges -€3,906
down €3,906 (-76.9%), from €5,081 to €1,175
- Depreciation +€1,488
up €1,488 (+7.5%), from €19,871 to €21,359
- Taxes -€1,233
down €1,233 (-68.9%), from €1,789 to €556
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 | €213,080 | €216,659 | +€3,579 | +1.7% |
| Fixed assets | 21/28 | €117,398 | €96,040 | -€21,359 | -18.2% |
| Intangible fixed assets | 21 | €70,031 | €59,906 | -€10,125 | -14.5% |
| Tangible fixed assets | 22/27 | €46,307 | €35,073 | -€11,234 | -24.3% |
| Plant, machinery and equipment | 23 | €820 | €586 | -€234 | -28.5% |
| Furniture and vehicles | 24 | €45,488 | €34,488 | -€11,000 | -24.2% |
| Financial fixed assets | 28 | €1,060 | €1,060 | = | 0.0% |
| Current assets | 29/58 | €95,681 | €120,619 | +€24,938 | +26.1% |
| Amounts receivable within one year | 40/41 | €89,934 | €117,036 | +€27,102 | +30.1% |
| Trade receivables | 40 | €24,891 | €16,191 | -€8,700 | -35.0% |
| Other amounts receivable | 41 | €65,043 | €100,845 | +€35,802 | +55.0% |
| Cash at bank and in hand | 54/58 | €4,883 | €2,191 | -€2,693 | -55.1% |
| Deferred charges and accrued income | 490/1 | €864 | €1,393 | +€529 | +61.2% |
| Total equity and liabilities | 10/49 | €213,080 | €216,659 | +€3,579 | +1.7% |
| Equity | 10/15 | €7,110 | €7,154 | +€44 | +0.6% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €110 | €154 | +€44 | +39.7% |
| Distributable reserves | 133 | €110 | €154 | +€44 | +39.7% |
| Amounts payable | 17/49 | €205,970 | €209,505 | +€3,535 | +1.7% |
| Amounts payable after more than one year | 17 | €113,496 | €109,214 | -€4,282 | -3.8% |
| Financial debts | 170/4 | €57,246 | €25,526 | -€31,721 | -55.4% |
| Trade debts | 175 | €56,250 | €83,688 | +€27,438 | +48.8% |
| Amounts payable within one year | 42/48 | €92,474 | €99,761 | +€7,287 | +7.9% |
| Current portion of amounts payable after more than one year | 42 | €30,894 | €31,721 | +€827 | +2.7% |
| Trade debts | 44 | €383 | €54 | -€329 | -86.0% |
| Suppliers | 440/4 | €383 | €54 | -€329 | -86.0% |
| Taxes, remuneration and social security | 45 | €3,146 | €1,824 | -€1,321 | -42.0% |
| Taxes | 450/3 | €3,139 | €1,824 | -€1,314 | -41.9% |
| Remuneration and social security | 454/9 | €7 | - | -€7 | |
| Other amounts payable | 47/48 | €58,052 | €66,162 | +€8,111 | +14.0% |
| Accrued charges and deferred income | 492/3 | - | €530 | +€530 | |
| Remuneration, social security and pensions | 62 | €479 | €96 | -€383 | -79.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,871 | €21,359 | +€1,488 | +7.5% |
| Other operating charges | 640/8 | €5,081 | €1,175 | -€3,906 | -76.9% |
| Gross operating margin | 9900 | €47,800 | €28,927 | -€18,873 | -39.5% |
| Operating profit (loss) | 9901 | €22,369 | €6,297 | -€16,072 | -71.8% |
| Financial income | 75/76B | €53 | €27 | -€25 | -47.9% |
| Recurring financial income | 75 | €53 | €27 | -€25 | -47.9% |
| Financial charges | 65/66B | €3,103 | €2,725 | -€378 | -12.2% |
| Recurring financial charges | 65 | €3,103 | €2,725 | -€378 | -12.2% |
| Profit (loss) for the period before taxes | 9903 | €19,319 | €3,600 | -€15,719 | -81.4% |
| Income taxes | 67/77 | €1,789 | €556 | -€1,233 | -68.9% |
| Profit (loss) for the period | 9904 | €17,529 | €3,044 | -€14,486 | -82.6% |
| Profit (loss) for the period to be appropriated | 9905 | €17,529 | €3,044 | -€14,486 | -82.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.