GAWI: 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.
GAWI
Largest movements
- Cash -€2,220
down €2,220 (-38.7%), from €5,731 to €3,511
mainly Receivables within one year (-€1,245) and Net result for the year (-€975)
- Receivables within one year +€1,245
up €1,245 (+6.5%), from €19,026 to €20,271
- Profit (loss) carried forward -€975
down €975 (-6.7%), from -€14,574 to -€15,549
- Gross operating margin -€66
down €66 (-8.5%), from -€778 to -€844
- Financial charges +€58
up €58 (+79.5%), from €73 to €131
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 | €24,757 | €23,782 | -€975 | -3.9% |
| Current assets | 29/58 | €24,757 | €23,782 | -€975 | -3.9% |
| Amounts receivable within one year | 40/41 | €19,026 | €20,271 | +€1,245 | +6.5% |
| Other amounts receivable | 41 | €19,026 | €20,271 | +€1,245 | +6.5% |
| Cash at bank and in hand | 54/58 | €5,731 | €3,511 | -€2,220 | -38.7% |
| Total equity and liabilities | 10/49 | €24,757 | €23,782 | -€975 | -3.9% |
| Equity | 10/15 | €24,757 | €23,782 | -€975 | -3.9% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €33,134 | €33,134 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €31,275 | €31,275 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,574 | -€15,549 | -€975 | -6.7% |
| Gross operating margin | 9900 | -€778 | -€844 | -€66 | -8.5% |
| Operating profit (loss) | 9901 | -€778 | -€844 | -€66 | -8.5% |
| Financial charges | 65/66B | €73 | €131 | +€58 | +79.5% |
| Recurring financial charges | 65 | €73 | €131 | +€58 | +79.5% |
| Profit (loss) for the period before taxes | 9903 | -€851 | -€975 | -€124 | -14.6% |
| Profit (loss) for the period | 9904 | -€851 | -€975 | -€124 | -14.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€851 | -€975 | -€124 | -14.6% |
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 17 October 2026 via checked.be.