GAUDERM: 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.
GAUDERM
Largest movements
- Cash +€18,907
up €18,907 (+311.4%), from €6,071 to €24,978
mainly Net result for the year (+€35,249) and Trade debts (+€1,143)
- Tangible fixed assets +€2,277
up €2,277 (+120.9%), from €1,883 to €4,161
of which Furniture and vehicles: +€1,148
- Receivables within one year +€1,044
up €1,044 (+3.6%), from €29,252 to €30,296
of which Trade receivables: +€848
- Profit (loss) carried forward +€35,249
up €35,249 (+316.7%), from €11,129 to €46,378
- Other debts -€14,517
down €14,517 (-95.5%), from €15,196 to €679
- Trade debts +€1,143
up €1,143 (+186.8%), from €612 to €1,755
- Tax, wage and social debts +€644
up €644 (+20.8%), from €3,106 to €3,750
- Gross operating margin +€31,671
up €31,671 (+213.8%), from €14,811 to €46,482
- Taxes +€6,702
up €6,702 (+215.8%), from €3,106 to €9,807
- Depreciation +€563
up €563 (+144.6%), from €389 to €952
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 | €38,042 | €60,562 | +€22,520 | +59.2% |
| Fixed assets | 21/28 | €1,883 | €4,161 | +€2,277 | +120.9% |
| Tangible fixed assets | 22/27 | €1,883 | €4,161 | +€2,277 | +120.9% |
| Plant, machinery and equipment | 23 | €1,883 | €3,012 | +€1,129 | +60.0% |
| Furniture and vehicles | 24 | - | €1,148 | +€1,148 | |
| Current assets | 29/58 | €36,159 | €56,401 | +€20,242 | +56.0% |
| Amounts receivable within one year | 40/41 | €29,252 | €30,296 | +€1,044 | +3.6% |
| Trade receivables | 40 | €29,252 | €30,101 | +€848 | +2.9% |
| Other amounts receivable | 41 | - | €196 | +€196 | |
| Cash at bank and in hand | 54/58 | €6,071 | €24,978 | +€18,907 | +311.4% |
| Deferred charges and accrued income | 490/1 | €835 | €1,126 | +€291 | +34.8% |
| Total equity and liabilities | 10/49 | €38,042 | €60,562 | +€22,520 | +59.2% |
| Equity | 10/15 | €19,129 | €54,378 | +€35,249 | +184.3% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,129 | €46,378 | +€35,249 | +316.7% |
| Amounts payable | 17/49 | €18,913 | €6,184 | -€12,729 | -67.3% |
| Amounts payable within one year | 42/48 | €18,913 | €6,184 | -€12,729 | -67.3% |
| Trade debts | 44 | €612 | €1,755 | +€1,143 | +186.8% |
| Suppliers | 440/4 | €612 | €1,755 | +€1,143 | +186.8% |
| Taxes, remuneration and social security | 45 | €3,106 | €3,750 | +€644 | +20.8% |
| Taxes | 450/3 | €3,106 | €3,750 | +€644 | +20.8% |
| Other amounts payable | 47/48 | €15,196 | €679 | -€14,517 | -95.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €389 | €952 | +€563 | +144.6% |
| Other operating charges | 640/8 | €162 | €519 | +€356 | +219.2% |
| Gross operating margin | 9900 | €14,811 | €46,482 | +€31,671 | +213.8% |
| Operating profit (loss) | 9901 | €14,259 | €45,011 | +€30,752 | +215.7% |
| Financial income | 75/76B | - | €90 | +€90 | |
| Recurring financial income | 75 | - | €90 | +€90 | |
| Financial charges | 65/66B | €25 | €45 | +€20 | +81.5% |
| Recurring financial charges | 65 | €25 | €45 | +€20 | +81.5% |
| Profit (loss) for the period before taxes | 9903 | €14,234 | €45,057 | +€30,822 | +216.5% |
| Income taxes | 67/77 | €3,106 | €9,807 | +€6,702 | +215.8% |
| Profit (loss) for the period | 9904 | €11,129 | €35,249 | +€24,120 | +216.7% |
| Profit (loss) for the period to be appropriated | 9905 | €11,129 | €35,249 | +€24,120 | +216.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.