GENTILE CHASSIS: 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.
GENTILE CHASSIS
Largest movements
- Tangible fixed assets -€113,472
down €113,472 (-16.8%), from €674,656 to €561,184
of which Land and buildings: -€65,300
- Receivables within one year -€65,441
down €65,441 (-26.6%), from €246,102 to €180,661
of which Trade receivables: -€68,317
- Cash +€36,280
up €36,280 (+57.8%), from €62,751 to €99,032
mainly Depreciation (+€116,625) and Receivables within one year (+€65,441)
- Current investments +€30,000
new in 2025: €30,000
- Debts after one year -€118,050
down €118,050 (-67.8%), from €174,038 to €55,988
- Advances received +€46,261
up €46,261 (+124%), from €37,410 to €83,671
- Trade debts -€32,161
down €32,161 (-27.0%), from €119,114 to €86,952
- Tax, wage and social debts -€11,874
down €11,874 (-29.5%), from €40,273 to €28,399
of which Remuneration and social security: -€7,633
- Gross operating margin -€64,900
down €64,900 (-13.2%), from €492,198 to €427,298
- Write-downs -€20,823
new in 2025: -€20,823
- Staff costs +€20,822
up €20,822 (+7.8%), from €265,749 to €286,571
- Taxes -€14,704
down €14,704 (-77.5%), from €18,967 to €4,263
- Other operating charges +€13,093
up €13,093 (+49.3%), from €26,561 to €39,654
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 | €1,011,218 | €900,079 | -€111,138 | -11.0% |
| Fixed assets | 21/28 | €679,482 | €564,862 | -€114,620 | -16.9% |
| Intangible fixed assets | 21 | €4,592 | €3,444 | -€1,148 | -25.0% |
| Tangible fixed assets | 22/27 | €674,656 | €561,184 | -€113,472 | -16.8% |
| Land and buildings | 22 | €325,279 | €259,979 | -€65,300 | -20.1% |
| Plant, machinery and equipment | 23 | €231,176 | €202,525 | -€28,652 | -12.4% |
| Furniture and vehicles | 24 | €118,200 | €98,681 | -€19,520 | -16.5% |
| Financial fixed assets | 28 | €234 | €234 | = | 0.0% |
| Current assets | 29/58 | €331,736 | €335,217 | +€3,481 | +1.0% |
| Stocks and contracts in progress | 3 | €10,882 | €4,998 | -€5,884 | -54.1% |
| Stocks | 30/36 | €10,882 | €4,998 | -€5,884 | -54.1% |
| Amounts receivable within one year | 40/41 | €246,102 | €180,661 | -€65,441 | -26.6% |
| Trade receivables | 40 | €237,795 | €169,478 | -€68,317 | -28.7% |
| Other amounts receivable | 41 | €8,308 | €11,183 | +€2,875 | +34.6% |
| Current investments | 50/53 | - | €30,000 | +€30,000 | |
| Cash at bank and in hand | 54/58 | €62,751 | €99,032 | +€36,280 | +57.8% |
| Deferred charges and accrued income | 490/1 | €12,000 | €20,526 | +€8,527 | +71.1% |
| Total equity and liabilities | 10/49 | €1,011,218 | €900,079 | -€111,138 | -11.0% |
| Equity | 10/15 | €498,520 | €502,707 | +€4,187 | +0.8% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €418,158 | €418,158 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,034 | €32,034 | +€30,000 | +1,475% |
| Legal reserve | 130 | €2,034 | €2,034 | = | 0.0% |
| Own shares acquired | 1312 | - | €30,000 | +€30,000 | |
| Distributable reserves | 133 | €416,123 | €386,123 | -€30,000 | -7.2% |
| Profit (loss) carried forward | 14 | -€22,498 | -€18,312 | +€4,187 | +18.6% |
| Investment grants | 15 | €2,861 | €2,861 | = | 0.0% |
| Provisions and deferred taxes | 16 | €1,592 | €1,592 | = | 0.0% |
| Deferred taxes | 168 | €1,592 | €1,592 | = | 0.0% |
| Amounts payable | 17/49 | €511,106 | €395,781 | -€115,325 | -22.6% |
| Amounts payable after more than one year | 17 | €174,038 | €55,988 | -€118,050 | -67.8% |
| Financial debts | 170/4 | €174,038 | €55,988 | -€118,050 | -67.8% |
| Amounts payable within one year | 42/48 | €337,067 | €339,793 | +€2,725 | +0.8% |
| Current portion of amounts payable after more than one year | 42 | €117,172 | €119,642 | +€2,470 | +2.1% |
| Trade debts | 44 | €119,114 | €86,952 | -€32,161 | -27.0% |
| Suppliers | 440/4 | €119,114 | €86,952 | -€32,161 | -27.0% |
| Advances received on contracts in progress | 46 | €37,410 | €83,671 | +€46,261 | +124% |
| Taxes, remuneration and social security | 45 | €40,273 | €28,399 | -€11,874 | -29.5% |
| Taxes | 450/3 | €20,419 | €16,178 | -€4,241 | -20.8% |
| Remuneration and social security | 454/9 | €19,854 | €12,221 | -€7,633 | -38.4% |
| Other amounts payable | 47/48 | €23,099 | €21,128 | -€1,971 | -8.5% |
| Remuneration, social security and pensions | 62 | €265,749 | €286,571 | +€20,822 | +7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €117,076 | €116,625 | -€451 | -0.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€20,823 | -€20,823 | |
| Other operating charges | 640/8 | €26,561 | €39,654 | +€13,093 | +49.3% |
| Gross operating margin | 9900 | €492,198 | €427,298 | -€64,900 | -13.2% |
| Operating profit (loss) | 9901 | €82,812 | €5,270 | -€77,542 | -93.6% |
| Financial income | 75/76B | €6,387 | €13,582 | +€7,195 | +113% |
| Recurring financial income | 75 | €6,387 | €13,582 | +€7,195 | +113% |
| Financial charges | 65/66B | €13,667 | €10,403 | -€3,264 | -23.9% |
| Recurring financial charges | 65 | €13,667 | €10,403 | -€3,264 | -23.9% |
| Profit (loss) for the period before taxes | 9903 | €75,533 | €8,450 | -€67,083 | -88.8% |
| Income taxes | 67/77 | €18,967 | €4,263 | -€14,704 | -77.5% |
| Profit (loss) for the period | 9904 | €56,566 | €4,187 | -€52,379 | -92.6% |
| Profit (loss) for the period to be appropriated | 9905 | €56,566 | €4,187 | -€52,379 | -92.6% |
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 19 October 2026 via checked.be.