LE GARGANO: what changed
Two fiscal 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.
LE GARGANO
Largest movements
- Tangible fixed assets -€10,222
down €10,222 (-25.7%), from €39,746 to €29,524
of which Furniture and vehicles: -€5,222
- Cash +€4,956
up €4,956 (+57.2%), from €8,670 to €13,626
mainly Net result for the year (+€27,325) and Depreciation (+€6,485)
- Deferred charges and accrued income +€551
up €551 (+323.7%), from €170 to €721
- Profit (loss) carried forward +€27,325
up €27,325 (+16.0%), from -€170,687 to -€143,362
- Trade debts -€23,528
down €23,528 (-94.8%), from €24,813 to €1,285
- Other debts -€8,979
down €8,979 (-5.1%), from €176,885 to €167,906
- Other operating charges -€2,868
down €2,868 (-55.7%), from €5,145 to €2,277
- Gross operating margin -€2,218
down €2,218 (-5.8%), from €38,404 to €36,186
- Depreciation +€488
up €488 (+8.1%), from €5,998 to €6,485
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 | €49,648 | €44,467 | -€5,181 | -10.4% |
| Fixed assets | 21/28 | €40,342 | €30,120 | -€10,222 | -25.3% |
| Tangible fixed assets | 22/27 | €39,746 | €29,524 | -€10,222 | -25.7% |
| Land and buildings | 22 | €14,194 | €14,194 | = | 0.0% |
| Plant, machinery and equipment | 23 | €20,000 | €15,000 | -€5,000 | -25.0% |
| Furniture and vehicles | 24 | €5,553 | €330 | -€5,222 | -94.1% |
| Financial fixed assets | 28 | €596 | €596 | = | 0.0% |
| Current assets | 29/58 | €9,306 | €14,347 | +€5,041 | +54.2% |
| Amounts receivable within one year | 40/41 | €466 | - | -€466 | |
| Other amounts receivable | 41 | €466 | - | -€466 | |
| Cash at bank and in hand | 54/58 | €8,670 | €13,626 | +€4,956 | +57.2% |
| Deferred charges and accrued income | 490/1 | €170 | €721 | +€551 | +323.7% |
| Total equity and liabilities | 10/49 | €49,648 | €44,467 | -€5,181 | -10.4% |
| Equity | 10/15 | -€152,087 | -€124,762 | +€27,325 | +18.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€170,687 | -€143,362 | +€27,325 | +16.0% |
| Amounts payable | 17/49 | €201,736 | €169,229 | -€32,507 | -16.1% |
| Amounts payable within one year | 42/48 | €201,736 | €169,229 | -€32,507 | -16.1% |
| Trade debts | 44 | €24,813 | €1,285 | -€23,528 | -94.8% |
| Suppliers | 440/4 | €24,813 | €1,285 | -€23,528 | -94.8% |
| Taxes, remuneration and social security | 45 | €38 | €38 | = | 0.0% |
| Taxes | 450/3 | €38 | €38 | = | 0.0% |
| Other amounts payable | 47/48 | €176,885 | €167,906 | -€8,979 | -5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,998 | €6,485 | +€488 | +8.1% |
| Other operating charges | 640/8 | €5,145 | €2,277 | -€2,868 | -55.7% |
| Gross operating margin | 9900 | €38,404 | €36,186 | -€2,218 | -5.8% |
| Operating profit (loss) | 9901 | €27,261 | €27,423 | +€162 | +0.6% |
| Financial charges | 65/66B | €1 | €98 | +€98 | +16275.0% |
| Recurring financial charges | 65 | €1 | €98 | +€98 | +16275.0% |
| Profit (loss) for the period before taxes | 9903 | €27,261 | €27,325 | +€65 | +0.2% |
| Income taxes | 67/77 | €38 | - | -€38 | |
| Profit (loss) for the period | 9904 | €27,223 | €27,325 | +€103 | +0.4% |
| Profit (loss) for the period to be appropriated | 9905 | €27,223 | €27,325 | +€103 | +0.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.