GAUDETO: 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.
GAUDETO
Largest movements
- Tangible fixed assets -€10,441
down €10,441 (-26.2%), from €39,796 to €29,354
of which Furniture and vehicles: -€10,172
- Cash +€6,838
up €6,838 (+60.6%), from €11,281 to €18,120
mainly Net result for the year (+€87,704) and Depreciation (+€21,115)
- Intangible fixed assets -€4,157
down €4,157 (-16.8%), from €24,674 to €20,517
- Other debts -€102,755
down €102,755 (-95.3%), from €107,852 to €5,097
- Profit (loss) carried forward +€87,704
up €87,704, from -€23,950 to €63,754
- Tax, wage and social debts +€7,288
up €7,288 (+133.9%), from €5,443 to €12,731
- Gross operating margin +€69,193
up €69,193 (+150.5%), from €45,984 to €115,177
- Taxes -€1,687
down €1,687 (-26.6%), from €6,339 to €4,652
- Other operating charges -€1,355
down €1,355 (-56.3%), from €2,404 to €1,050
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 | €127,192 | €119,055 | -€8,138 | -6.4% |
| Fixed assets | 21/28 | €64,470 | €49,872 | -€14,598 | -22.6% |
| Intangible fixed assets | 21 | €24,674 | €20,517 | -€4,157 | -16.8% |
| Tangible fixed assets | 22/27 | €39,796 | €29,354 | -€10,441 | -26.2% |
| Land and buildings | 22 | €7,085 | €6,815 | -€269 | -3.8% |
| Furniture and vehicles | 24 | €32,711 | €22,539 | -€10,172 | -31.1% |
| Current assets | 29/58 | €62,723 | €69,183 | +€6,460 | +10.3% |
| Stocks and contracts in progress | 3 | €4,941 | €4,941 | = | 0.0% |
| Stocks | 30/36 | €4,941 | €4,941 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €44,361 | €43,901 | -€460 | -1.0% |
| Trade receivables | 40 | €44,352 | €43,901 | -€451 | -1.0% |
| Other amounts receivable | 41 | €9 | - | -€9 | |
| Cash at bank and in hand | 54/58 | €11,281 | €18,120 | +€6,838 | +60.6% |
| Deferred charges and accrued income | 490/1 | €2,140 | €2,222 | +€82 | +3.8% |
| Total equity and liabilities | 10/49 | €127,192 | €119,055 | -€8,138 | -6.4% |
| Equity | 10/15 | €9,050 | €96,754 | +€87,704 | +969.1% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €3,000 | €3,000 | = | 0.0% |
| Distributable reserves | 133 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,950 | €63,754 | +€87,704 | |
| Amounts payable | 17/49 | €118,142 | €22,301 | -€95,841 | -81.1% |
| Amounts payable within one year | 42/48 | €118,142 | €22,301 | -€95,841 | -81.1% |
| Trade debts | 44 | €4,847 | €4,473 | -€374 | -7.7% |
| Suppliers | 440/4 | €4,847 | €4,473 | -€374 | -7.7% |
| Taxes, remuneration and social security | 45 | €5,443 | €12,731 | +€7,288 | +133.9% |
| Taxes | 450/3 | €5,443 | €12,731 | +€7,288 | +133.9% |
| Other amounts payable | 47/48 | €107,852 | €5,097 | -€102,755 | -95.3% |
| Remuneration, social security and pensions | 62 | -€12 | - | +€12 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,942 | €21,115 | +€173 | +0.8% |
| Other operating charges | 640/8 | €2,404 | €1,050 | -€1,355 | -56.3% |
| Gross operating margin | 9900 | €45,984 | €115,177 | +€69,193 | +150.5% |
| Operating profit (loss) | 9901 | €22,650 | €93,013 | +€70,363 | +310.7% |
| Financial charges | 65/66B | €149 | €657 | +€508 | +341.2% |
| Recurring financial charges | 65 | €149 | €657 | +€508 | +341.2% |
| Profit (loss) for the period before taxes | 9903 | €22,501 | €92,355 | +€69,855 | +310.5% |
| Income taxes | 67/77 | €6,339 | €4,652 | -€1,687 | -26.6% |
| Profit (loss) for the period | 9904 | €16,162 | €87,704 | +€71,541 | +442.6% |
| Profit (loss) for the period to be appropriated | 9905 | €16,162 | €87,704 | +€71,541 | +442.6% |
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 9 October 2026 via checked.be.