GUSTAVE CATERING: 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.
GUSTAVE CATERING
Largest movements
- Tangible fixed assets -€29,538
down €29,538 (-81.7%), from €36,174 to €6,636
of which Plant, machinery and equipment: -€20,028
- Receivables within one year +€7,806
up €7,806 (+166%), from €4,696 to €12,502
of which Trade receivables: +€12,377
- Cash -€424
down €424 (-84.3%), from €503 to €79
mainly Net result for the year (-€22,924) and Trade debts (-€10,208)
- Profit (loss) carried forward -€22,924
down €22,924 (-15.6%), from -€146,710 to -€169,634
- Other debts +€17,475
up €17,475 (+16.7%), from €104,543 to €122,017
- Trade debts -€10,208
down €10,208 (-24.4%), from €41,895 to €31,687
- Debts after one year -€6,910
down €6,910 (-29.6%), from €23,319 to €16,409
- Gross operating margin +€48,326
up €48,326 (+92.3%), from -€52,345 to -€4,020
- Staff costs -€36,234
down €36,234 (-100%), from €36,234 to €0
- Depreciation -€7,955
down €7,955 (-85.4%), from €9,317 to €1,362
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 | €41,373 | €19,217 | -€22,156 | -53.6% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €36,174 | €6,636 | -€29,538 | -81.7% |
| Tangible fixed assets | 22/27 | €36,174 | €6,636 | -€29,538 | -81.7% |
| Plant, machinery and equipment | 23 | €20,028 | €0 | -€20,028 | -100% |
| Furniture and vehicles | 24 | €8,148 | €0 | -€8,148 | -100% |
| Other tangible fixed assets | 26 | €7,997 | €6,636 | -€1,362 | -17.0% |
| Current assets | 29/58 | €5,199 | €12,581 | +€7,382 | +142% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €4,696 | €12,502 | +€7,806 | +166% |
| Trade receivables | 40 | €123 | €12,500 | +€12,377 | +10,054% |
| Other amounts receivable | 41 | €4,573 | €2 | -€4,571 | -99.9% |
| Cash at bank and in hand | 54/58 | €503 | €79 | -€424 | -84.3% |
| Total equity and liabilities | 10/49 | €41,373 | €19,217 | -€22,156 | -53.6% |
| Equity | 10/15 | -€136,710 | -€159,634 | -€22,924 | -16.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€146,710 | -€169,634 | -€22,924 | -15.6% |
| Amounts payable | 17/49 | €178,082 | €178,851 | +€768 | +0.4% |
| Amounts payable after more than one year | 17 | €23,319 | €16,409 | -€6,910 | -29.6% |
| Financial debts | 170/4 | €23,319 | €16,409 | -€6,910 | -29.6% |
| Amounts payable within one year | 42/48 | €154,763 | €162,442 | +€7,679 | +5.0% |
| Current portion of amounts payable after more than one year | 42 | €6,524 | €6,910 | +€386 | +5.9% |
| Trade debts | 44 | €41,895 | €31,687 | -€10,208 | -24.4% |
| Suppliers | 440/4 | €41,895 | €31,687 | -€10,208 | -24.4% |
| Taxes, remuneration and social security | 45 | €1,802 | €1,827 | +€25 | +1.4% |
| Taxes | 450/3 | €58 | €1,827 | +€1,769 | +3,042% |
| Remuneration and social security | 454/9 | €1,744 | €0 | -€1,744 | -100% |
| Other amounts payable | 47/48 | €104,543 | €122,017 | +€17,475 | +16.7% |
| Non-recurring operating income | 76A | €772 | €0 | -€772 | -100% |
| Remuneration, social security and pensions | 62 | €36,234 | €0 | -€36,234 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,317 | €1,362 | -€7,955 | -85.4% |
| Other operating charges | 640/8 | €825 | €724 | -€101 | -12.3% |
| Non-recurring operating charges | 66A | - | €15,018 | +€15,018 | |
| Gross operating margin | 9900 | -€52,345 | -€4,020 | +€48,326 | +92.3% |
| Operating profit (loss) | 9901 | -€98,722 | -€21,123 | +€77,599 | +78.6% |
| Financial income | 75/76B | €4 | €0 | -€4 | -100% |
| Recurring financial income | 75 | €4 | €0 | -€4 | -100% |
| Financial charges | 65/66B | €1,740 | €1,801 | +€61 | +3.5% |
| Recurring financial charges | 65 | €1,740 | €1,801 | +€61 | +3.5% |
| Profit (loss) for the period before taxes | 9903 | -€100,458 | -€22,924 | +€77,534 | +77.2% |
| Income taxes | 67/77 | €34 | €0 | -€34 | -100% |
| Profit (loss) for the period | 9904 | -€100,491 | -€22,924 | +€77,567 | +77.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€100,491 | -€22,924 | +€77,567 | +77.2% |
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 20 October 2026 via checked.be.