IN-DEPTH GENT: 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.
IN-DEPTH GENT
Largest movements
- Tangible fixed assets -€9,129
down €9,129 (-14.7%), from €62,183 to €53,055
of which Furniture and vehicles: -€5,138
- Receivables within one year +€7,795
up €7,795 (+115%), from €6,787 to €14,582
of which Other amounts receivable: +€4,057
- Current investments +€7,198
up €7,198 (+57.1%), from €12,597 to €19,795
- Intangible fixed assets -€5,667
down €5,667 (-45.3%), from €12,507 to €6,841
- Cash -€4,171
down €4,171 (-7.9%), from €53,023 to €48,853
mainly Receivables within one year (-€7,795) and Current investments (-€7,198)
- Other debts -€5,018
down €5,018 (-45.7%), from €10,970 to €5,952
- Gross operating margin -€6,715
down €6,715 (-28.6%), from €23,487 to €16,772
- Taxes +€550
up €550 (+187%), from €294 to €844
- Depreciation +€281
up €281 (+1.9%), from €14,514 to €14,795
- Financial income +€253
up €253 (+122%), from €207 to €460
- Other operating charges +€240
up €240 (+26.2%), from €917 to €1,157
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 | €155,725 | €151,606 | -€4,119 | -2.6% |
| Fixed assets | 21/28 | €74,691 | €59,895 | -€14,795 | -19.8% |
| Intangible fixed assets | 21 | €12,507 | €6,841 | -€5,667 | -45.3% |
| Tangible fixed assets | 22/27 | €62,183 | €53,055 | -€9,129 | -14.7% |
| Land and buildings | 22 | €52,200 | €48,487 | -€3,713 | -7.1% |
| Plant, machinery and equipment | 23 | €853 | €576 | -€278 | -32.5% |
| Furniture and vehicles | 24 | €9,130 | €3,992 | -€5,138 | -56.3% |
| Current assets | 29/58 | €81,034 | €91,710 | +€10,676 | +13.2% |
| Amounts receivable within one year | 40/41 | €6,787 | €14,582 | +€7,795 | +115% |
| Trade receivables | 40 | €6,550 | €10,287 | +€3,737 | +57.1% |
| Other amounts receivable | 41 | €237 | €4,294 | +€4,057 | +1,712% |
| Current investments | 50/53 | €12,597 | €19,795 | +€7,198 | +57.1% |
| Cash at bank and in hand | 54/58 | €53,023 | €48,853 | -€4,171 | -7.9% |
| Deferred charges and accrued income | 490/1 | €8,627 | €8,481 | -€146 | -1.7% |
| Total equity and liabilities | 10/49 | €155,725 | €151,606 | -€4,119 | -2.6% |
| Equity | 10/15 | €137,638 | €137,942 | +€304 | +0.2% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €117,233 | €117,537 | +€304 | +0.3% |
| Amounts payable | 17/49 | €18,087 | €13,664 | -€4,423 | -24.5% |
| Amounts payable within one year | 42/48 | €16,587 | €12,914 | -€3,673 | -22.1% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €2,845 | €2,975 | +€130 | +4.6% |
| Suppliers | 440/4 | €2,845 | €2,975 | +€130 | +4.6% |
| Taxes, remuneration and social security | 45 | €2,772 | €3,987 | +€1,215 | +43.8% |
| Taxes | 450/3 | €2,772 | €1,482 | -€1,290 | -46.5% |
| Remuneration and social security | 454/9 | - | €2,505 | +€2,505 | |
| Other amounts payable | 47/48 | €10,970 | €5,952 | -€5,018 | -45.7% |
| Accrued charges and deferred income | 492/3 | €1,500 | €750 | -€750 | -50.0% |
| Non-recurring operating income | 76A | €500 | €0 | -€500 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,514 | €14,795 | +€281 | +1.9% |
| Other operating charges | 640/8 | €917 | €1,157 | +€240 | +26.2% |
| Non-recurring operating charges | 66A | €2,064 | €0 | -€2,064 | -100% |
| Gross operating margin | 9900 | €23,487 | €16,772 | -€6,715 | -28.6% |
| Operating profit (loss) | 9901 | €5,992 | €820 | -€5,172 | -86.3% |
| Financial income | 75/76B | €207 | €460 | +€253 | +122% |
| Recurring financial income | 75 | €207 | €460 | +€253 | +122% |
| Financial charges | 65/66B | €132 | €132 | +€0 | +0.1% |
| Recurring financial charges | 65 | €132 | €132 | +€0 | +0.1% |
| Profit (loss) for the period before taxes | 9903 | €6,067 | €1,148 | -€4,919 | -81.1% |
| Income taxes | 67/77 | €294 | €844 | +€550 | +187% |
| Profit (loss) for the period | 9904 | €5,774 | €304 | -€5,469 | -94.7% |
| Profit (loss) for the period to be appropriated | 9905 | €5,774 | €304 | -€5,469 | -94.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.