GHABRIEL GROUP: 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.
GHABRIEL GROUP
Largest movements
- Receivables within one year +€171,087
up €171,087 (+2,367%), from €7,227 to €178,314
of which Trade receivables: +€167,687
- Stocks and contracts +€5,521
up €5,521 (+100%), from €5,496 to €11,016
- Trade debts +€168,958
up €168,958 (+2,838%), from €5,954 to €174,912
- Tax, wage and social debts +€5,946
up €5,946 (+327%), from €1,818 to €7,764
of which Remuneration and social security: +€6,258
- Profit (loss) carried forward +€2,443
up €2,443 (+120%), from €2,033 to €4,476
- Gross operating margin +€17,796
up €17,796 (+598%), from €2,975 to €20,771
- Staff costs +€16,302
up €16,302 (+62,795%), from €26 to €16,328
- Taxes +€998
up €998 (+196%), from €508 to €1,506
- Other operating charges +€231
up €231 (+59.7%), from €387 to €619
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 | €14,301 | €192,770 | +€178,470 | +1,248% |
| Current assets | 29/58 | €14,301 | €192,770 | +€178,470 | +1,248% |
| Stocks and contracts in progress | 3 | €5,496 | €11,016 | +€5,521 | +100% |
| Stocks | 30/36 | €5,496 | €11,016 | +€5,521 | +100% |
| Amounts receivable within one year | 40/41 | €7,227 | €178,314 | +€171,087 | +2,367% |
| Trade receivables | 40 | €7,227 | €174,913 | +€167,687 | +2,320% |
| Other amounts receivable | 41 | - | €3,401 | +€3,401 | |
| Cash at bank and in hand | 54/58 | €1,579 | €3,440 | +€1,861 | +118% |
| Total equity and liabilities | 10/49 | €14,301 | €192,770 | +€178,470 | +1,248% |
| Equity | 10/15 | €6,033 | €8,476 | +€2,443 | +40.5% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,033 | €4,476 | +€2,443 | +120% |
| Amounts payable | 17/49 | €8,267 | €184,294 | +€176,027 | +2,129% |
| Amounts payable within one year | 42/48 | €8,267 | €184,294 | +€176,027 | +2,129% |
| Trade debts | 44 | €5,954 | €174,912 | +€168,958 | +2,838% |
| Suppliers | 440/4 | €5,954 | €174,912 | +€168,958 | +2,838% |
| Taxes, remuneration and social security | 45 | €1,818 | €7,764 | +€5,946 | +327% |
| Taxes | 450/3 | €1,818 | €1,506 | -€312 | -17.2% |
| Remuneration and social security | 454/9 | - | €6,258 | +€6,258 | |
| Other amounts payable | 47/48 | €496 | €1,618 | +€1,123 | +227% |
| Remuneration, social security and pensions | 62 | €26 | €16,328 | +€16,302 | +62,795% |
| Other operating charges | 640/8 | €387 | €619 | +€231 | +59.7% |
| Gross operating margin | 9900 | €2,975 | €20,771 | +€17,796 | +598% |
| Operating profit (loss) | 9901 | €2,561 | €3,825 | +€1,263 | +49.3% |
| Financial income | 75/76B | - | €82 | +€82 | |
| Recurring financial income | 75 | - | €82 | +€82 | |
| Financial charges | 65/66B | €20 | -€43 | -€62 | |
| Recurring financial charges | 65 | €20 | -€43 | -€62 | |
| Profit (loss) for the period before taxes | 9903 | €2,542 | €3,949 | +€1,407 | +55.4% |
| Income taxes | 67/77 | €508 | €1,506 | +€998 | +196% |
| Profit (loss) for the period | 9904 | €2,033 | €2,443 | +€410 | +20.1% |
| Profit (loss) for the period to be appropriated | 9905 | €2,033 | €2,443 | +€410 | +20.1% |
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 15 October 2026 via checked.be.