GENTLEMENS: 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.
GENTLEMENS
Largest movements
- Receivables within one year -€8,214
down €8,214 (-72.2%), from €11,382 to €3,168
of which Trade receivables: -€11,382
- Cash +€1,449
up €1,449 (+93.0%), from €1,559 to €3,008
mainly Net result for the year (+€10,226) and Receivables within one year (+€8,214)
- Tangible fixed assets -€874
down €874 (-91.2%), from €958 to €85
- Advances received -€13,772
no longer reported in 2025 (was €13,772)
- Profit (loss) carried forward +€10,226
up €10,226 (+73.3%), from -€13,959 to -€3,733
- Other debts -€5,198
no longer reported in 2025 (was €5,198)
- Tax, wage and social debts +€1,105
up €1,105 (+15.4%), from €7,160 to €8,265
of which Taxes: +€4,444
- Gross operating margin +€20,396
up €20,396 (+181%), from €11,297 to €31,694
- Staff costs +€15,548
up €15,548 (+318%), from €4,884 to €20,433
- Depreciation -€582
down €582 (-40.0%), from €1,456 to €874
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 | €14,171 | €6,532 | -€7,638 | -53.9% |
| Fixed assets | 21/28 | €958 | €85 | -€874 | -91.2% |
| Tangible fixed assets | 22/27 | €958 | €85 | -€874 | -91.2% |
| Furniture and vehicles | 24 | €958 | €85 | -€874 | -91.2% |
| Current assets | 29/58 | €13,212 | €6,448 | -€6,764 | -51.2% |
| Stocks and contracts in progress | 3 | €272 | €272 | = | 0.0% |
| Stocks | 30/36 | €272 | €272 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €11,382 | €3,168 | -€8,214 | -72.2% |
| Trade receivables | 40 | €11,382 | - | -€11,382 | |
| Other amounts receivable | 41 | - | €3,168 | +€3,168 | |
| Cash at bank and in hand | 54/58 | €1,559 | €3,008 | +€1,449 | +93.0% |
| Total equity and liabilities | 10/49 | €14,171 | €6,532 | -€7,638 | -53.9% |
| Equity | 10/15 | -€11,959 | -€1,733 | +€10,226 | +85.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,959 | -€3,733 | +€10,226 | +73.3% |
| Amounts payable | 17/49 | €26,130 | €8,265 | -€17,865 | -68.4% |
| Amounts payable within one year | 42/48 | €26,130 | €8,265 | -€17,865 | -68.4% |
| Advances received on contracts in progress | 46 | €13,772 | - | -€13,772 | |
| Taxes, remuneration and social security | 45 | €7,160 | €8,265 | +€1,105 | +15.4% |
| Taxes | 450/3 | €3,731 | €8,176 | +€4,444 | +119% |
| Remuneration and social security | 454/9 | €3,428 | €89 | -€3,339 | -97.4% |
| Other amounts payable | 47/48 | €5,198 | - | -€5,198 | |
| Remuneration, social security and pensions | 62 | €4,884 | €20,433 | +€15,548 | +318% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,456 | €874 | -€582 | -40.0% |
| Other operating charges | 640/8 | €249 | - | -€249 | |
| Gross operating margin | 9900 | €11,297 | €31,694 | +€20,396 | +181% |
| Operating profit (loss) | 9901 | €4,707 | €10,387 | +€5,680 | +121% |
| Financial income | 75/76B | - | €86 | +€86 | |
| Recurring financial income | 75 | - | €86 | +€86 | |
| Financial charges | 65/66B | €219 | €247 | +€28 | +12.8% |
| Recurring financial charges | 65 | €219 | €247 | +€28 | +12.8% |
| Profit (loss) for the period before taxes | 9903 | €4,489 | €10,226 | +€5,738 | +128% |
| Profit (loss) for the period | 9904 | €4,489 | €10,226 | +€5,738 | +128% |
| Profit (loss) for the period to be appropriated | 9905 | €4,489 | €10,226 | +€5,738 | +128% |
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 13 October 2026 via checked.be.