GAZONIA: 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.
GAZONIA
Largest movements
- Tangible fixed assets +€16,973
up €16,973 (+2,100%), from €808 to €17,781
of which Furniture and vehicles: +€17,166
- Receivables within one year +€16,349
up €16,349 (+95.2%), from €17,166 to €33,515
of which Other amounts receivable: +€9,794
- Deferred charges and accrued income -€1,139
down €1,139 (-71.3%), from €1,597 to €458
- Profit (loss) carried forward +€20,796
up €20,796 (+39.5%), from -€52,705 to -€31,909
- Debts after one year +€12,830
new in 2025: €12,830
- Other debts -€12,493
no longer reported in 2025 (was €12,493)
- Trade debts +€4,538
up €4,538 (+56.6%), from €8,019 to €12,557
- Short-term financial debts +€3,888
up €3,888 (+39.7%), from €9,782 to €13,670
- Taxes +€3,878
up €3,878 (+561%), from €691 to €4,569
- Gross operating margin +€3,073
up €3,073 (+11.2%), from €27,421 to €30,495
- Other operating charges -€1,450
down €1,450 (-38.2%), from €3,796 to €2,347
- Financial charges -€1,286
down €1,286 (-46.6%), from €2,758 to €1,472
- Depreciation +€325
up €325 (+25.8%), from €1,263 to €1,589
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 | €20,788 | €53,327 | +€32,539 | +157% |
| Fixed assets | 21/28 | €808 | €17,781 | +€16,973 | +2,100% |
| Tangible fixed assets | 22/27 | €808 | €17,781 | +€16,973 | +2,100% |
| Plant, machinery and equipment | 23 | €287 | €94 | -€193 | -67.3% |
| Furniture and vehicles | 24 | €521 | €17,687 | +€17,166 | +3,296% |
| Current assets | 29/58 | €19,979 | €35,545 | +€15,566 | +77.9% |
| Amounts receivable within one year | 40/41 | €17,166 | €33,515 | +€16,349 | +95.2% |
| Trade receivables | 40 | €16,916 | €23,471 | +€6,555 | +38.7% |
| Other amounts receivable | 41 | €250 | €10,044 | +€9,794 | +3,918% |
| Cash at bank and in hand | 54/58 | €1,216 | €1,572 | +€356 | +29.2% |
| Deferred charges and accrued income | 490/1 | €1,597 | €458 | -€1,139 | -71.3% |
| Total equity and liabilities | 10/49 | €20,788 | €53,327 | +€32,539 | +157% |
| Equity | 10/15 | -€18,620 | €2,176 | +€20,796 | |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Reserves | 13 | €3,099 | €3,099 | = | 0.0% |
| Distributable reserves | 133 | €3,099 | €3,099 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€52,705 | -€31,909 | +€20,796 | +39.5% |
| Amounts payable | 17/49 | €39,407 | €51,150 | +€11,743 | +29.8% |
| Amounts payable after more than one year | 17 | - | €12,830 | +€12,830 | |
| Financial debts | 170/4 | - | €12,830 | +€12,830 | |
| Amounts payable within one year | 42/48 | €39,407 | €37,970 | -€1,438 | -3.6% |
| Financial debts | 43 | €9,782 | €13,670 | +€3,888 | +39.7% |
| Credit institutions | 430/8 | €9,782 | €13,670 | +€3,888 | +39.7% |
| Trade debts | 44 | €8,019 | €12,557 | +€4,538 | +56.6% |
| Suppliers | 440/4 | €8,019 | €12,557 | +€4,538 | +56.6% |
| Advances received on contracts in progress | 46 | - | €1,324 | +€1,324 | |
| Taxes, remuneration and social security | 45 | €9,113 | €10,419 | +€1,305 | +14.3% |
| Taxes | 450/3 | €5,821 | €6,524 | +€703 | +12.1% |
| Remuneration and social security | 454/9 | €3,293 | €3,895 | +€602 | +18.3% |
| Other amounts payable | 47/48 | €12,493 | - | -€12,493 | |
| Accrued charges and deferred income | 492/3 | - | €351 | +€351 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,263 | €1,589 | +€325 | +25.8% |
| Other operating charges | 640/8 | €3,796 | €2,347 | -€1,450 | -38.2% |
| Gross operating margin | 9900 | €27,421 | €30,495 | +€3,073 | +11.2% |
| Operating profit (loss) | 9901 | €22,362 | €26,559 | +€4,197 | +18.8% |
| Financial income | 75/76B | €1 | €277 | +€276 | +27,647% |
| Recurring financial income | 75 | €1 | €277 | +€276 | +27,647% |
| Financial charges | 65/66B | €2,758 | €1,472 | -€1,286 | -46.6% |
| Recurring financial charges | 65 | €2,758 | €1,472 | -€1,286 | -46.6% |
| Profit (loss) for the period before taxes | 9903 | €19,605 | €25,365 | +€5,760 | +29.4% |
| Income taxes | 67/77 | €691 | €4,569 | +€3,878 | +561% |
| Profit (loss) for the period | 9904 | €18,914 | €20,796 | +€1,882 | +10.0% |
| Profit (loss) for the period to be appropriated | 9905 | €18,914 | €20,796 | +€1,882 | +10.0% |
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 14 October 2026 via checked.be.