GAUWLOOS: 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.
GAUWLOOS
Largest movements
- Stocks and contracts -€20,136
down €20,136 (-65.9%), from €30,576 to €10,440
of which Contracts in progress: -€16,726
- Cash +€12,062
up €12,062 (+57.9%), from €20,843 to €32,904
mainly Stocks and contracts (+€20,136) and Trade debts (+€7,989)
- Tangible fixed assets -€5,284
down €5,284 (-43.8%), from €12,076 to €6,791
of which Furniture and vehicles: -€4,881
- Receivables within one year +€4,800
up €4,800 (+14.0%), from €34,215 to €39,015
of which Other amounts receivable: +€5,420
- Other debts -€16,438
down €16,438 (-21.2%), from €77,463 to €61,024
- Trade debts +€7,989
up €7,989 (+31.5%), from €25,326 to €33,315
- Profit (loss) carried forward +€7,450
up €7,450 (+14.7%), from -€50,624 to -€43,174
- Tax, wage and social debts -€4,699
down €4,699 (-80.0%), from €5,876 to €1,177
of which Remuneration and social security: -€2,516
- Debts after one year -€3,178
no longer reported in 2025 (was €3,178)
- Purchases and services +€36,315
up €36,315 (+21.6%), from €168,467 to €204,782
- Staff costs -€2,257
down €2,257 (-2.6%), from €86,963 to €84,706
- Gross operating margin +€1,388
up €1,388 (+1.4%), from €98,558 to €99,947
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 | €99,060 | €90,051 | -€9,009 | -9.1% |
| Fixed assets | 21/28 | €12,204 | €6,919 | -€5,284 | -43.3% |
| Tangible fixed assets | 22/27 | €12,076 | €6,791 | -€5,284 | -43.8% |
| Plant, machinery and equipment | 23 | €1,266 | €862 | -€404 | -31.9% |
| Furniture and vehicles | 24 | €10,810 | €5,929 | -€4,881 | -45.2% |
| Financial fixed assets | 28 | €128 | €128 | = | 0.0% |
| Current assets | 29/58 | €86,856 | €83,132 | -€3,725 | -4.3% |
| Stocks and contracts in progress | 3 | €30,576 | €10,440 | -€20,136 | -65.9% |
| Stocks | 30/36 | €13,850 | €10,440 | -€3,410 | -24.6% |
| Contracts in progress | 37 | €16,726 | - | -€16,726 | |
| Amounts receivable within one year | 40/41 | €34,215 | €39,015 | +€4,800 | +14.0% |
| Trade receivables | 40 | €28,215 | €27,596 | -€619 | -2.2% |
| Other amounts receivable | 41 | €6,000 | €11,420 | +€5,420 | +90.3% |
| Current investments | 50/53 | €250 | €250 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €20,843 | €32,904 | +€12,062 | +57.9% |
| Deferred charges and accrued income | 490/1 | €973 | €522 | -€450 | -46.3% |
| Total equity and liabilities | 10/49 | €99,060 | €90,051 | -€9,009 | -9.1% |
| Equity | 10/15 | -€16,093 | -€8,643 | +€7,450 | +46.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €15,931 | €15,931 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,171 | €3,171 | = | 0.0% |
| Distributable reserves | 133 | €10,900 | €10,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€50,624 | -€43,174 | +€7,450 | +14.7% |
| Amounts payable | 17/49 | €115,153 | €98,694 | -€16,459 | -14.3% |
| Amounts payable after more than one year | 17 | €3,178 | - | -€3,178 | |
| Financial debts | 170/4 | €3,178 | - | -€3,178 | |
| Amounts payable within one year | 42/48 | €111,975 | €98,694 | -€13,281 | -11.9% |
| Current portion of amounts payable after more than one year | 42 | €3,311 | €3,178 | -€132 | -4.0% |
| Trade debts | 44 | €25,326 | €33,315 | +€7,989 | +31.5% |
| Suppliers | 440/4 | €25,326 | €33,315 | +€7,989 | +31.5% |
| Taxes, remuneration and social security | 45 | €5,876 | €1,177 | -€4,699 | -80.0% |
| Taxes | 450/3 | €2,183 | - | -€2,183 | |
| Remuneration and social security | 454/9 | €3,692 | €1,177 | -€2,516 | -68.1% |
| Other amounts payable | 47/48 | €77,463 | €61,024 | -€16,438 | -21.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €168,467 | €204,782 | +€36,315 | +21.6% |
| Remuneration, social security and pensions | 62 | €86,963 | €84,706 | -€2,257 | -2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,169 | €5,284 | +€115 | +2.2% |
| Other operating charges | 640/8 | €1,486 | €1,282 | -€204 | -13.7% |
| Gross operating margin | 9900 | €98,558 | €99,947 | +€1,388 | +1.4% |
| Operating profit (loss) | 9901 | €4,940 | €8,674 | +€3,734 | +75.6% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €1,509 | €1,224 | -€285 | -18.9% |
| Recurring financial charges | 65 | €1,509 | €1,224 | -€285 | -18.9% |
| Profit (loss) for the period before taxes | 9903 | €3,431 | €7,450 | +€4,019 | +117% |
| Profit (loss) for the period | 9904 | €3,431 | €7,450 | +€4,019 | +117% |
| Profit (loss) for the period to be appropriated | 9905 | €3,431 | €7,450 | +€4,019 | +117% |
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 20 October 2026 via checked.be.