GENTLE: what changed
Two fiscal 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.
GENTLE
Largest movements
- Receivables within one year -€63,826
down €63,826 (-9.2%), from €695,013 to €631,187
of which Trade receivables: -€89,040
- Tangible fixed assets -€17,834
down €17,834 (-6.2%), from €286,984 to €269,150
of which Furniture and vehicles: -€15,266
- Cash -€14,353
down €14,353 (-61.3%), from €23,429 to €9,075
mainly Net result for the year (-€183,724) and Debts after one year (-€32,526)
- Intangible fixed assets +€13,915
up €13,915 (+224.2%), from €6,208 to €20,123
- Profit (loss) carried forward -€183,724
down €183,724 (-72.4%), from -€253,678 to -€437,402
- Trade debts +€118,605
up €118,605 (+30.6%), from €387,934 to €506,540
- Other debts +€66,900
up €66,900 (+133.8%), from €50,000 to €116,900
- Debts after one year -€32,526
down €32,526 (-62.3%), from €52,187 to €19,661
- Tax, wage and social debts -€29,300
down €29,300 (-87.8%), from €33,375 to €4,075
of which Taxes: -€28,575
- Gross operating margin -€274,106
down €274,106 (-80.5%), from €340,497 to €66,391
- Staff costs -€235,428
down €235,428 (-61.9%), from €380,077 to €144,649
- Other operating charges +€45,939
up €45,939 (+467.1%), from €9,836 to €55,775
- Financial income +€23,935
up €23,935 (+130.7%), from €18,317 to €42,253
- Write-downs -€11,868
down €11,868, from €8,168 to -€3,700
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.
Cash bridge derived
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 | €1,031,615 | €949,174 | -€82,441 | -8.0% |
| Fixed assets | 21/28 | €301,955 | €298,037 | -€3,919 | -1.3% |
| Intangible fixed assets | 21 | €6,208 | €20,123 | +€13,915 | +224.2% |
| Tangible fixed assets | 22/27 | €286,984 | €269,150 | -€17,834 | -6.2% |
| Plant, machinery and equipment | 23 | €297 | - | -€297 | |
| Furniture and vehicles | 24 | €29,302 | €14,036 | -€15,266 | -52.1% |
| Other tangible fixed assets | 26 | €257,385 | €255,114 | -€2,271 | -0.9% |
| Financial fixed assets | 28 | €8,763 | €8,763 | = | 0.0% |
| Current assets | 29/58 | €729,660 | €651,137 | -€78,523 | -10.8% |
| Amounts receivable within one year | 40/41 | €695,013 | €631,187 | -€63,826 | -9.2% |
| Trade receivables | 40 | €675,584 | €586,545 | -€89,040 | -13.2% |
| Other amounts receivable | 41 | €19,429 | €44,642 | +€25,213 | +129.8% |
| Cash at bank and in hand | 54/58 | €23,429 | €9,075 | -€14,353 | -61.3% |
| Deferred charges and accrued income | 490/1 | €11,218 | €10,875 | -€343 | -3.1% |
| Total equity and liabilities | 10/49 | €1,031,615 | €949,174 | -€82,441 | -8.0% |
| Equity | 10/15 | €28,197 | -€155,528 | -€183,724 | |
| Contributions | 10/11 | €262,000 | €262,000 | = | 0.0% |
| Capital | 10 | €262,000 | €262,000 | = | 0.0% |
| Issued capital | 100 | €262,000 | €262,000 | = | 0.0% |
| Reserves | 13 | €19,875 | €19,875 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €13,675 | €13,675 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€253,678 | -€437,402 | -€183,724 | -72.4% |
| Amounts payable | 17/49 | €1,003,418 | €1,104,701 | +€101,283 | +10.1% |
| Amounts payable after more than one year | 17 | €52,187 | €19,661 | -€32,526 | -62.3% |
| Financial debts | 170/4 | €52,187 | €19,661 | -€32,526 | -62.3% |
| Amounts payable within one year | 42/48 | €951,231 | €1,085,041 | +€133,809 | +14.1% |
| Current portion of amounts payable after more than one year | 42 | €54,922 | €32,526 | -€22,396 | -40.8% |
| Financial debts | 43 | €425,000 | €425,000 | = | 0.0% |
| Credit institutions | 430/8 | €425,000 | €425,000 | = | 0.0% |
| Trade debts | 44 | €387,934 | €506,540 | +€118,605 | +30.6% |
| Suppliers | 440/4 | €387,934 | €506,540 | +€118,605 | +30.6% |
| Taxes, remuneration and social security | 45 | €33,375 | €4,075 | -€29,300 | -87.8% |
| Taxes | 450/3 | €29,505 | €930 | -€28,575 | -96.8% |
| Remuneration and social security | 454/9 | €3,870 | €3,145 | -€725 | -18.7% |
| Other amounts payable | 47/48 | €50,000 | €116,900 | +€66,900 | +133.8% |
| Remuneration, social security and pensions | 62 | €380,077 | €144,649 | -€235,428 | -61.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,229 | €25,749 | +€3,520 | +15.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €8,168 | -€3,700 | -€11,868 | |
| Other operating charges | 640/8 | €9,836 | €55,775 | +€45,939 | +467.1% |
| Gross operating margin | 9900 | €340,497 | €66,391 | -€274,106 | -80.5% |
| Operating profit (loss) | 9901 | -€79,813 | -€156,082 | -€76,269 | -95.6% |
| Financial income | 75/76B | €18,317 | €42,253 | +€23,935 | +130.7% |
| Recurring financial income | 75 | €18,317 | €42,253 | +€23,935 | +130.7% |
| Financial charges | 65/66B | €71,015 | €62,156 | -€8,859 | -12.5% |
| Recurring financial charges | 65 | €71,015 | €62,156 | -€8,859 | -12.5% |
| Profit (loss) for the period before taxes | 9903 | -€132,511 | -€175,986 | -€43,475 | -32.8% |
| Income taxes | 67/77 | €9,917 | €7,738 | -€2,179 | -22.0% |
| Profit (loss) for the period | 9904 | -€142,428 | -€183,724 | -€41,297 | -29.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€142,428 | -€183,724 | -€41,297 | -29.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.