GAULTIER: 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.
What changed
GAULTIER
NACE 96.210, Hairdressing and barber services
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€21,880
2024 · -€78,914+€100,793
Equity
€1.3m
2024 · €1.3m+€97,546
Cash
€440,468
2024 · €204,118+€236,350
Balance sheet total
€4.2m
2024 · €2.7m+€1.4m
Largest movements
Assets
- Tangible fixed assets +€1.5m
up €1.5m (+72.9%), from €2.1m to €3.6m
of which Land and buildings: +€1.1m
- Current investments -€250,001
down €250,001 (-100.0%), from €250,001 to €0
- Cash +€236,350
up €236,350 (+115.8%), from €204,118 to €440,468
mainly Debts after one year (+€872,968) and Other debts (+€392,307)
Equity and liabilities
- Debts after one year +€872,968
up €872,968 (+116.4%), from €750,191 to €1.6m
- Other debts +€392,307
up €392,307 (+84.7%), from €463,278 to €855,585
- Reserves +€97,546
up €97,546 (+8.0%), from €1.2m to €1.3m
of which Tax-exempt reserves: +€113,029
Income statement
- Gross operating margin +€203,105
up €203,105 (+31.8%), from €639,225 to €842,330
- Financial income +€156,962
up €156,962 (+1198.5%), from €13,096 to €170,058
of which Non-recurring financial income: +€159,305
- Financial charges +€52,558
up €52,558 (+130.1%), from €40,397 to €92,955
- Other operating charges +€44,622
up €44,622 (+392.6%), from €11,366 to €55,988
- Staff costs +€41,783
up €41,783 (+7.5%), from €560,284 to €602,067
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.
Result 2024
-€78,914
Gross operating margin
+€203,105
Staff costs
-€41,783
Depreciation
-€19,209
Other operating charges
-€44,622
Other operating items
+€1,245
Financial income
+€156,962
Financial charges
-€52,558
Taxes
+€10,997
Deferred taxes and other
-€113,343
Result 2025
€21,880
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.
From operations
+€643,000
Investment
-€1.4m
Financing
+€960,675
Cash 2024
€204,118
From operations (derived)
+€643,000
Net result for the year
+€21,880
Depreciation
+€121,983
Stocks and contracts
+€30,371
Receivables within one year
+€14,440
Deferred charges and accrued income
+€7,412
Provisions
+€37,676
Trade debts
+€5,437
Tax, wage and social debts
+€14,641
Smaller working-capital items
-€3,147
Other debts
+€392,307
Investment (derived)
-€1.4m
Investment in fixed assets (net)
-€1.6m
Current investments
+€250,001
Financing
+€960,675
Debts after one year
+€872,968
Current portion of long-term debt
+€11,858
Short-term financial debts
+€182
Contributions, distributions and other
+€75,667
Cash 2025
€440,468
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,749,042 | €4,178,511 | +€1.4m | +52.0% |
| Fixed assets | 21/28 | €2,119,417 | €3,614,760 | +€1.5m | +70.6% |
| Intangible fixed assets | 21 | €20,000 | €15,000 | -€5,000 | -25.0% |
| Tangible fixed assets | 22/27 | €2,076,561 | €3,589,960 | +€1.5m | +72.9% |
| Land and buildings | 22 | €1,922,239 | €3,028,086 | +€1.1m | +57.5% |
| Plant, machinery and equipment | 23 | €41,885 | €154,140 | +€112,255 | +268.0% |
| Furniture and vehicles | 24 | €45,479 | €204,300 | +€158,822 | +349.2% |
| Other tangible fixed assets | 26 | €66,959 | €203,433 | +€136,475 | +203.8% |
| Financial fixed assets | 28 | €22,856 | €9,800 | -€13,056 | -57.1% |
| Current assets | 29/58 | €629,625 | €563,751 | -€65,874 | -10.5% |
| Stocks and contracts in progress | 3 | €131,052 | €100,681 | -€30,371 | -23.2% |
| Stocks | 30/36 | €131,052 | €100,681 | -€30,371 | -23.2% |
| Amounts receivable within one year | 40/41 | €29,639 | €15,200 | -€14,440 | -48.7% |
| Trade receivables | 40 | €5,176 | €1,384 | -€3,792 | -73.3% |
| Other amounts receivable | 41 | €24,463 | €13,815 | -€10,648 | -43.5% |
| Current investments | 50/53 | €250,001 | €0 | -€250,001 | -100.0% |
| Cash at bank and in hand | 54/58 | €204,118 | €440,468 | +€236,350 | +115.8% |
| Deferred charges and accrued income | 490/1 | €14,815 | €7,403 | -€7,412 | -50.0% |
| Total equity and liabilities | 10/49 | €2,749,042 | €4,178,511 | +€1.4m | +52.0% |
| Equity | 10/15 | €1,251,020 | €1,348,566 | +€97,546 | +7.8% |
| Contributions | 10/11 | €37,184 | €37,184 | = | 0.0% |
| Reserves | 13 | €1,213,836 | €1,311,382 | +€97,546 | +8.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | - | €113,029 | +€113,029 | |
| Distributable reserves | 133 | €1,213,836 | €1,198,354 | -€15,483 | -1.3% |
| Provisions and deferred taxes | 16 | - | €37,676 | +€37,676 | |
| Deferred taxes | 168 | - | €37,676 | +€37,676 | |
| Amounts payable | 17/49 | €1,498,022 | €2,792,268 | +€1.3m | +86.4% |
| Amounts payable after more than one year | 17 | €750,191 | €1,623,159 | +€872,968 | +116.4% |
| Financial debts | 170/4 | €750,191 | €1,623,159 | +€872,968 | +116.4% |
| Amounts payable within one year | 42/48 | €722,603 | €1,147,628 | +€425,025 | +58.8% |
| Current portion of amounts payable after more than one year | 42 | €115,174 | €127,032 | +€11,858 | +10.3% |
| Financial debts | 43 | €0 | €182 | +€182 | |
| Other loans | 439 | €0 | €182 | +€182 | |
| Trade debts | 44 | €75,888 | €81,325 | +€5,437 | +7.2% |
| Suppliers | 440/4 | €75,888 | €81,325 | +€5,437 | +7.2% |
| Advances received on contracts in progress | 46 | €0 | €600 | +€600 | |
| Taxes, remuneration and social security | 45 | €68,262 | €82,903 | +€14,641 | +21.4% |
| Taxes | 450/3 | €24,029 | €38,803 | +€14,775 | +61.5% |
| Remuneration and social security | 454/9 | €44,234 | €44,100 | -€134 | -0.3% |
| Other amounts payable | 47/48 | €463,278 | €855,585 | +€392,307 | +84.7% |
| Accrued charges and deferred income | 492/3 | €25,228 | €21,481 | -€3,747 | -14.9% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €560,284 | €602,067 | +€41,783 | +7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €102,774 | €121,983 | +€19,209 | +18.7% |
| Other operating charges | 640/8 | €11,366 | €55,988 | +€44,622 | +392.6% |
| Non-recurring operating charges | 66A | €2,745 | €1,500 | -€1,245 | -45.4% |
| Gross operating margin | 9900 | €639,225 | €842,330 | +€203,105 | +31.8% |
| Operating profit (loss) | 9901 | -€37,944 | €60,791 | +€98,736 | |
| Financial income | 75/76B | €13,096 | €170,058 | +€156,962 | +1198.5% |
| Recurring financial income | 75 | €6,346 | €4,003 | -€2,343 | -36.9% |
| Non-recurring financial income | 76B | €6,750 | €166,055 | +€159,305 | +2360.1% |
| Financial charges | 65/66B | €40,397 | €92,955 | +€52,558 | +130.1% |
| Recurring financial charges | 65 | €40,397 | €92,955 | +€52,558 | +130.1% |
| Profit (loss) for the period before taxes | 9903 | -€65,245 | €137,895 | +€203,140 | |
| Transfer from deferred taxes | 780 | - | €157 | +€157 | |
| Transfer to deferred taxes | 680 | - | €113,500 | +€113,500 | |
| Income taxes | 67/77 | €13,669 | €2,672 | -€10,997 | -80.4% |
| Profit (loss) for the period | 9904 | -€78,914 | €21,880 | +€100,793 | |
| Transfer from tax-exempt reserves | 789 | €0 | €471 | +€471 | |
| Transfer to tax-exempt reserves | 689 | - | €37,833 | +€37,833 | |
| Profit (loss) for the period to be appropriated | 9905 | -€78,914 | -€15,483 | +€63,431 | +80.4% |
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 9 October 2026 via checked.be.