GAUVAN: 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.
GAUVAN
Largest movements
- Tangible fixed assets -€17,795
down €17,795 (-5.9%), from €302,440 to €284,645
- Debts after one year -€25,091
down €25,091 (-11.1%), from €226,951 to €201,859
- Profit (loss) carried forward +€5,538
up €5,538 (+217.1%), from €2,550 to €8,089
- Depreciation -€1,547
down €1,547 (-8.0%), from €19,343 to €17,795
- Taxes +€1,061
up €1,061 (+111.0%), from €955 to €2,016
- Gross operating margin -€471
down €471 (-1.6%), from €29,636 to €29,165
- Financial charges -€342
down €342 (-9.1%), from €3,758 to €3,415
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 | €305,807 | €287,681 | -€18,126 | -5.9% |
| Fixed assets | 21/28 | €302,440 | €284,645 | -€17,795 | -5.9% |
| Tangible fixed assets | 22/27 | €302,440 | €284,645 | -€17,795 | -5.9% |
| Land and buildings | 22 | €302,440 | €284,645 | -€17,795 | -5.9% |
| Current assets | 29/58 | €3,367 | €3,036 | -€331 | -9.8% |
| Cash at bank and in hand | 54/58 | €3,367 | €3,036 | -€331 | -9.8% |
| Total equity and liabilities | 10/49 | €305,807 | €287,681 | -€18,126 | -5.9% |
| Equity | 10/15 | €52,550 | €58,089 | +€5,538 | +10.5% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,550 | €8,089 | +€5,538 | +217.1% |
| Amounts payable | 17/49 | €253,256 | €229,592 | -€23,664 | -9.3% |
| Amounts payable after more than one year | 17 | €226,951 | €201,859 | -€25,091 | -11.1% |
| Financial debts | 170/4 | €226,951 | €201,859 | -€25,091 | -11.1% |
| Amounts payable within one year | 42/48 | €26,306 | €27,732 | +€1,427 | +5.4% |
| Current portion of amounts payable after more than one year | 42 | €24,750 | €25,091 | +€341 | +1.4% |
| Trade debts | 44 | €600 | €625 | +€25 | +4.2% |
| Suppliers | 440/4 | €600 | €625 | +€25 | +4.2% |
| Taxes, remuneration and social security | 45 | €955 | €2,016 | +€1,061 | +111.0% |
| Taxes | 450/3 | €955 | €2,016 | +€1,061 | +111.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,343 | €17,795 | -€1,547 | -8.0% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €29,636 | €29,165 | -€471 | -1.6% |
| Operating profit (loss) | 9901 | €9,906 | €10,970 | +€1,064 | +10.7% |
| Financial charges | 65/66B | €3,758 | €3,415 | -€342 | -9.1% |
| Recurring financial charges | 65 | €3,758 | €3,415 | -€342 | -9.1% |
| Profit (loss) for the period before taxes | 9903 | €6,148 | €7,554 | +€1,406 | +22.9% |
| Income taxes | 67/77 | €955 | €2,016 | +€1,061 | +111.0% |
| Profit (loss) for the period | 9904 | €5,193 | €5,538 | +€345 | +6.6% |
| Profit (loss) for the period to be appropriated | 9905 | €5,193 | €5,538 | +€345 | +6.6% |
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 3 October 2026 via checked.be.