Gibratec: 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.
Gibratec
Largest movements
- Cash -€66,296
down €66,296 (-32.7%), from €202,465 to €136,169
mainly Contributions, distributions and other (-€118,833) and Tax, wage and social debts (-€15,409)
- Tangible fixed assets -€5,716
down €5,716 (-76.7%), from €7,454 to €1,738
of which Furniture and vehicles: -€5,436
- Receivables within one year +€4,832
up €4,832 (+24.2%), from €20,004 to €24,835
- Reserves -€56,655
down €56,655 (-30.1%), from €188,012 to €131,357
- Tax, wage and social debts -€15,409
down €15,409 (-63.3%), from €24,362 to €8,953
- Other debts +€10,643
up €10,643 (+227%), from €4,679 to €15,322
- Current portion of long-term debt -€3,385
down €3,385 (-66.4%), from €5,097 to €1,712
- Gross operating margin +€13,448
up €13,448 (+18.2%), from €73,964 to €87,412
- Taxes +€2,741
up €2,741 (+20.7%), from €13,249 to €15,990
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 | €229,923 | €162,742 | -€67,181 | -29.2% |
| Fixed assets | 21/28 | €7,454 | €1,738 | -€5,716 | -76.7% |
| Tangible fixed assets | 22/27 | €7,454 | €1,738 | -€5,716 | -76.7% |
| Plant, machinery and equipment | 23 | €370 | €90 | -€280 | -75.7% |
| Furniture and vehicles | 24 | €7,084 | €1,648 | -€5,436 | -76.7% |
| Current assets | 29/58 | €222,469 | €161,004 | -€61,465 | -27.6% |
| Amounts receivable within one year | 40/41 | €20,004 | €24,835 | +€4,832 | +24.2% |
| Trade receivables | 40 | €20,004 | €24,835 | +€4,832 | +24.2% |
| Cash at bank and in hand | 54/58 | €202,465 | €136,169 | -€66,296 | -32.7% |
| Total equity and liabilities | 10/49 | €229,923 | €162,742 | -€67,181 | -29.2% |
| Equity | 10/15 | €192,012 | €135,357 | -€56,655 | -29.5% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €188,012 | €131,357 | -€56,655 | -30.1% |
| Distributable reserves | 133 | €188,012 | €131,357 | -€56,655 | -30.1% |
| Amounts payable | 17/49 | €37,911 | €27,385 | -€10,525 | -27.8% |
| Amounts payable after more than one year | 17 | €1,712 | - | -€1,712 | |
| Financial debts | 170/4 | €1,712 | - | -€1,712 | |
| Amounts payable within one year | 42/48 | €35,996 | €26,665 | -€9,331 | -25.9% |
| Current portion of amounts payable after more than one year | 42 | €5,097 | €1,712 | -€3,385 | -66.4% |
| Trade debts | 44 | €1,858 | €678 | -€1,180 | -63.5% |
| Suppliers | 440/4 | €1,858 | €678 | -€1,180 | -63.5% |
| Taxes, remuneration and social security | 45 | €24,362 | €8,953 | -€15,409 | -63.3% |
| Taxes | 450/3 | €24,362 | €8,953 | -€15,409 | -63.3% |
| Other amounts payable | 47/48 | €4,679 | €15,322 | +€10,643 | +227% |
| Accrued charges and deferred income | 492/3 | €202 | €720 | +€518 | +257% |
| Remuneration, social security and pensions | 62 | €2,310 | €2,710 | +€400 | +17.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,716 | €5,716 | = | 0.0% |
| Other operating charges | 640/8 | €1,287 | €705 | -€582 | -45.2% |
| Gross operating margin | 9900 | €73,964 | €87,412 | +€13,448 | +18.2% |
| Operating profit (loss) | 9901 | €64,651 | €78,281 | +€13,630 | +21.1% |
| Financial charges | 65/66B | €163 | €113 | -€50 | -30.8% |
| Recurring financial charges | 65 | €163 | €113 | -€50 | -30.8% |
| Profit (loss) for the period before taxes | 9903 | €64,487 | €78,168 | +€13,681 | +21.2% |
| Income taxes | 67/77 | €13,249 | €15,990 | +€2,741 | +20.7% |
| Profit (loss) for the period | 9904 | €51,238 | €62,178 | +€10,939 | +21.4% |
| Profit (loss) for the period to be appropriated | 9905 | €51,238 | €62,178 | +€10,939 | +21.4% |
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.