GONZAGUE: 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.
GONZAGUE
Largest movements
- Tangible fixed assets +€30,085
up €30,085 (+19.9%), from €151,541 to €181,626
of which Land and buildings: +€15,754
- Intangible fixed assets -€24,000
down €24,000 (-74.1%), from €32,387 to €8,387
- Cash -€13,975
down €13,975 (-27.9%), from €50,018 to €36,044
mainly Investment in fixed assets (net) (-€48,198) and Other debts (-€9,974)
- Receivables within one year +€8,811
up €8,811 (+29.7%), from €29,664 to €38,475
of which Trade receivables: +€12,399
- Deferred charges and accrued income -€3,826
no longer reported in 2025 (was €3,826)
- Other debts -€9,974
down €9,974 (-16.8%), from €59,470 to €49,495
- Debts after one year -€8,240
down €8,240 (-10.3%), from €80,047 to €71,808
of which Financial debts: -€7,240
- Profit (loss) carried forward +€7,904
new in 2025: €7,904
- Tax, wage and social debts +€6,251
new in 2025: €6,251
- Current portion of long-term debt -€4,296
down €4,296 (-40.5%), from €10,610 to €6,314
- Turnover +€126,073
new in 2025: €126,073
- Purchases and services +€82,168
new in 2025: €82,168
- Staff costs -€15,719
no longer reported in 2025 (was €15,719)
- Write-downs -€2,893
down €2,893, from €1,446 to -€1,446
- Other operating charges -€1,515
down €1,515 (-36.2%), from €4,192 to €2,676
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 | €267,611 | €264,532 | -€3,080 | -1.2% |
| Fixed assets | 21/28 | €184,103 | €190,013 | +€5,910 | +3.2% |
| Intangible fixed assets | 21 | €32,387 | €8,387 | -€24,000 | -74.1% |
| Tangible fixed assets | 22/27 | €151,541 | €181,626 | +€30,085 | +19.9% |
| Land and buildings | 22 | €120,810 | €136,564 | +€15,754 | +13.0% |
| Furniture and vehicles | 24 | €20,017 | €34,348 | +€14,331 | +71.6% |
| Other tangible fixed assets | 26 | €10,714 | €10,714 | = | 0.0% |
| Financial fixed assets | 28 | €175 | - | -€175 | |
| Current assets | 29/58 | €83,509 | €74,519 | -€8,990 | -10.8% |
| Amounts receivable within one year | 40/41 | €29,664 | €38,475 | +€8,811 | +29.7% |
| Trade receivables | 40 | €26,076 | €38,475 | +€12,399 | +47.5% |
| Other amounts receivable | 41 | €3,587 | - | -€3,587 | |
| Cash at bank and in hand | 54/58 | €50,018 | €36,044 | -€13,975 | -27.9% |
| Deferred charges and accrued income | 490/1 | €3,826 | - | -€3,826 | |
| Total equity and liabilities | 10/49 | €267,611 | €264,532 | -€3,080 | -1.2% |
| Equity | 10/15 | €110,944 | €118,848 | +€7,904 | +7.1% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €85,944 | €85,944 | = | 0.0% |
| Distributable reserves | 133 | €85,944 | €85,944 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €7,904 | +€7,904 | |
| Amounts payable | 17/49 | €156,667 | €145,684 | -€10,983 | -7.0% |
| Amounts payable after more than one year | 17 | €80,047 | €71,808 | -€8,240 | -10.3% |
| Financial debts | 170/4 | €79,047 | €71,808 | -€7,240 | -9.2% |
| Other amounts payable | 178/9 | €1,000 | - | -€1,000 | |
| Amounts payable within one year | 42/48 | €76,620 | €71,891 | -€4,729 | -6.2% |
| Current portion of amounts payable after more than one year | 42 | €10,610 | €6,314 | -€4,296 | -40.5% |
| Trade debts | 44 | €6,540 | €9,830 | +€3,290 | +50.3% |
| Suppliers | 440/4 | €6,540 | €9,830 | +€3,290 | +50.3% |
| Taxes, remuneration and social security | 45 | - | €6,251 | +€6,251 | |
| Taxes | 450/3 | - | €6,251 | +€6,251 | |
| Other amounts payable | 47/48 | €59,470 | €49,495 | -€9,974 | -16.8% |
| Accrued charges and deferred income | 492/3 | - | €1,986 | +€1,986 | |
| Turnover | 70 | - | €126,073 | +€126,073 | |
| Non-recurring operating income | 76A | - | €8,700 | +€8,700 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €82,168 | +€82,168 | |
| Remuneration, social security and pensions | 62 | €15,719 | - | -€15,719 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,852 | €42,288 | -€564 | -1.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,446 | -€1,446 | -€2,893 | |
| Other operating charges | 640/8 | €4,192 | €2,676 | -€1,515 | -36.2% |
| Non-recurring operating charges | 66A | - | €622 | +€622 | |
| Gross operating margin | 9900 | €52,167 | €52,605 | +€438 | +0.8% |
| Operating profit (loss) | 9901 | -€12,041 | €8,465 | +€20,506 | |
| Financial income | 75/76B | €5 | €1 | -€4 | -70.5% |
| Recurring financial income | 75 | €5 | €1 | -€4 | -70.5% |
| Financial charges | 65/66B | €1,523 | €1,389 | -€134 | -8.8% |
| Recurring financial charges | 65 | €1,523 | €1,389 | -€134 | -8.8% |
| Profit (loss) for the period before taxes | 9903 | -€13,559 | €7,077 | +€20,636 | |
| Income taxes | 67/77 | - | -€826 | -€826 | |
| Profit (loss) for the period | 9904 | -€13,559 | €7,904 | +€21,463 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,559 | €7,904 | +€21,463 |
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 9 October 2026 via checked.be.