GAUTHIJO: 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.
GAUTHIJO
Largest movements
- Tangible fixed assets +€59,575
up €59,575 (+119%), from €50,159 to €109,734
of which Furniture and vehicles: +€39,897
- Receivables within one year +€26,563
up €26,563 (+189%), from €14,024 to €40,586
of which Trade receivables: +€28,337
- Cash -€23,065
down €23,065 (-22.1%), from €104,554 to €81,488
mainly Investment in fixed assets (net) (-€75,893) and Contributions, distributions and other (-€47,059)
- Debts after one year +€43,674
up €43,674 (+111%), from €39,258 to €82,932
- Current portion of long-term debt +€16,054
up €16,054 (+128%), from €12,502 to €28,556
- Profit (loss) carried forward -€4,829
down €4,829 (-4.6%), from €105,524 to €100,694
- Tax, wage and social debts +€4,232
up €4,232 (+2,535%), from €167 to €4,399
of which Remuneration and social security: +€4,139
- Staff costs +€11,671
up €11,671 (+28.4%), from €41,097 to €52,768
- Gross operating margin +€4,612
up €4,612 (+3.7%), from €124,770 to €129,381
- Depreciation +€3,978
up €3,978 (+32.2%), from €12,340 to €16,318
- Taxes -€3,571
down €3,571 (-25.6%), from €13,957 to €10,386
- Financial charges +€2,587
up €2,587 (+80.2%), from €3,227 to €5,814
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 | €170,838 | €233,005 | +€62,167 | +36.4% |
| Fixed assets | 21/28 | €50,378 | €109,952 | +€59,575 | +118% |
| Tangible fixed assets | 22/27 | €50,159 | €109,734 | +€59,575 | +119% |
| Land and buildings | 22 | €36,963 | €35,479 | -€1,484 | -4.0% |
| Plant, machinery and equipment | 23 | €2,783 | €3,289 | +€506 | +18.2% |
| Furniture and vehicles | 24 | €10,413 | €50,310 | +€39,897 | +383% |
| Leasing and similar rights | 25 | - | €20,656 | +€20,656 | |
| Financial fixed assets | 28 | €218 | €218 | = | 0.0% |
| Current assets | 29/58 | €120,460 | €123,052 | +€2,592 | +2.2% |
| Amounts receivable within one year | 40/41 | €14,024 | €40,586 | +€26,563 | +189% |
| Trade receivables | 40 | €9,277 | €37,614 | +€28,337 | +305% |
| Other amounts receivable | 41 | €4,747 | €2,973 | -€1,774 | -37.4% |
| Cash at bank and in hand | 54/58 | €104,554 | €81,488 | -€23,065 | -22.1% |
| Deferred charges and accrued income | 490/1 | €1,883 | €978 | -€905 | -48.1% |
| Total equity and liabilities | 10/49 | €170,838 | €233,005 | +€62,167 | +36.4% |
| Equity | 10/15 | €110,524 | €105,694 | -€4,829 | -4.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €105,524 | €100,694 | -€4,829 | -4.6% |
| Amounts payable | 17/49 | €60,314 | €127,310 | +€66,996 | +111% |
| Amounts payable after more than one year | 17 | €39,258 | €82,932 | +€43,674 | +111% |
| Financial debts | 170/4 | €39,258 | €82,932 | +€43,674 | +111% |
| Amounts payable within one year | 42/48 | €21,044 | €44,378 | +€23,335 | +111% |
| Current portion of amounts payable after more than one year | 42 | €12,502 | €28,556 | +€16,054 | +128% |
| Financial debts | 43 | €343 | €0 | -€343 | -100% |
| Credit institutions | 430/8 | €343 | €0 | -€343 | -100% |
| Trade debts | 44 | €838 | €2,630 | +€1,792 | +214% |
| Suppliers | 440/4 | €838 | €2,630 | +€1,792 | +214% |
| Taxes, remuneration and social security | 45 | €167 | €4,399 | +€4,232 | +2,535% |
| Taxes | 450/3 | €167 | €259 | +€92 | +55.3% |
| Remuneration and social security | 454/9 | €0 | €4,139 | +€4,139 | |
| Other amounts payable | 47/48 | €7,194 | €8,794 | +€1,600 | +22.2% |
| Accrued charges and deferred income | 492/3 | €13 | €0 | -€13 | -100% |
| Remuneration, social security and pensions | 62 | €41,097 | €52,768 | +€11,671 | +28.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,340 | €16,318 | +€3,978 | +32.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,345 | +€1,345 | |
| Other operating charges | 640/8 | €1,560 | €531 | -€1,029 | -65.9% |
| Gross operating margin | 9900 | €124,770 | €129,381 | +€4,612 | +3.7% |
| Operating profit (loss) | 9901 | €69,773 | €58,419 | -€11,354 | -16.3% |
| Financial income | 75/76B | €110 | €10 | -€100 | -90.5% |
| Recurring financial income | 75 | €110 | €10 | -€100 | -90.5% |
| Financial charges | 65/66B | €3,227 | €5,814 | +€2,587 | +80.2% |
| Recurring financial charges | 65 | €3,227 | €5,814 | +€2,587 | +80.2% |
| Profit (loss) for the period before taxes | 9903 | €66,656 | €52,615 | -€14,041 | -21.1% |
| Income taxes | 67/77 | €13,957 | €10,386 | -€3,571 | -25.6% |
| Profit (loss) for the period | 9904 | €52,699 | €42,229 | -€10,469 | -19.9% |
| Profit (loss) for the period to be appropriated | 9905 | €52,699 | €42,229 | -€10,469 | -19.9% |
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 19 October 2026 via checked.be.