Gazette PR: 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.
Gazette PR
Largest movements
- Cash +€8,297
up €8,297 (+28.4%), from €29,173 to €37,470
mainly Net result for the year (+€29,352) and Depreciation (+€1,421)
- Receivables within one year +€2,778
up €2,778 (+8.9%), from €31,356 to €34,134
of which Trade receivables: +€1,776
- Tangible fixed assets -€1,421
down €1,421 (-29.7%), from €4,791 to €3,370
of which Furniture and vehicles: -€919
- Profit (loss) carried forward +€29,352
up €29,352 (+86.9%), from €33,765 to €63,117
- Other debts -€11,000
no longer reported in 2025 (was €11,000)
- Trade debts -€9,205
down €9,205 (-94.7%), from €9,721 to €516
- Tax, wage and social debts +€1,192
up €1,192 (+20.4%), from €5,834 to €7,025
of which Taxes: +€992
- Gross operating margin +€26,985
up €26,985 (+175%), from €15,402 to €42,386
- Taxes +€5,758
up €5,758 (+215%), from €2,680 to €8,438
- Financial charges -€988
down €988 (-25.6%), from €3,863 to €2,875
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 | €65,320 | €75,659 | +€10,339 | +15.8% |
| Fixed assets | 21/28 | €4,791 | €3,370 | -€1,421 | -29.7% |
| Tangible fixed assets | 22/27 | €4,791 | €3,370 | -€1,421 | -29.7% |
| Plant, machinery and equipment | 23 | €1,725 | €1,222 | -€502 | -29.1% |
| Furniture and vehicles | 24 | €3,066 | €2,148 | -€919 | -30.0% |
| Current assets | 29/58 | €60,529 | €72,289 | +€11,760 | +19.4% |
| Amounts receivable within one year | 40/41 | €31,356 | €34,134 | +€2,778 | +8.9% |
| Trade receivables | 40 | €12,756 | €14,532 | +€1,776 | +13.9% |
| Other amounts receivable | 41 | €18,600 | €19,602 | +€1,002 | +5.4% |
| Cash at bank and in hand | 54/58 | €29,173 | €37,470 | +€8,297 | +28.4% |
| Deferred charges and accrued income | 490/1 | - | €685 | +€685 | |
| Total equity and liabilities | 10/49 | €65,320 | €75,659 | +€10,339 | +15.8% |
| Equity | 10/15 | €38,765 | €68,117 | +€29,352 | +75.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,765 | €63,117 | +€29,352 | +86.9% |
| Amounts payable | 17/49 | €26,555 | €7,542 | -€19,013 | -71.6% |
| Amounts payable within one year | 42/48 | €26,555 | €7,542 | -€19,013 | -71.6% |
| Trade debts | 44 | €9,721 | €516 | -€9,205 | -94.7% |
| Suppliers | 440/4 | €9,721 | €516 | -€9,205 | -94.7% |
| Taxes, remuneration and social security | 45 | €5,834 | €7,025 | +€1,192 | +20.4% |
| Taxes | 450/3 | €5,738 | €6,729 | +€992 | +17.3% |
| Remuneration and social security | 454/9 | €96 | €296 | +€200 | +209% |
| Other amounts payable | 47/48 | €11,000 | - | -€11,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,421 | €1,421 | = | 0.0% |
| Other operating charges | 640/8 | €4 | €400 | +€396 | +9,906% |
| Gross operating margin | 9900 | €15,402 | €42,386 | +€26,985 | +175% |
| Operating profit (loss) | 9901 | €13,977 | €40,565 | +€26,588 | +190% |
| Financial income | 75/76B | €47 | €100 | +€53 | +114% |
| Recurring financial income | 75 | €47 | €100 | +€53 | +114% |
| Financial charges | 65/66B | €3,863 | €2,875 | -€988 | -25.6% |
| Recurring financial charges | 65 | €3,863 | €2,875 | -€988 | -25.6% |
| Profit (loss) for the period before taxes | 9903 | €10,160 | €37,790 | +€27,630 | +272% |
| Income taxes | 67/77 | €2,680 | €8,438 | +€5,758 | +215% |
| Profit (loss) for the period | 9904 | €7,480 | €29,352 | +€21,872 | +292% |
| Profit (loss) for the period to be appropriated | 9905 | €7,480 | €29,352 | +€21,872 | +292% |
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 16 October 2026 via checked.be.