LE GASPI: 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.
LE GASPI
Largest movements
- Cash -€2,738
down €2,738 (-32.2%), from €8,506 to €5,768
mainly Net result for the year (-€3,273) and Trade debts (-€947)
- Tangible fixed assets -€1,482
down €1,482 (-34.0%), from €4,357 to €2,874
of which Land and buildings: -€834
- Profit (loss) carried forward -€3,273
down €3,273 (-41.3%), from -€7,930 to -€11,204
- Trade debts -€947
down €947 (-94.8%), from €1,000 to €52
- Gross operating margin +€1,117
up €1,117 (+92.7%), from -€1,206 to -€88
- Depreciation -€1,102
down €1,102 (-42.6%), from €2,585 to €1,482
- Other operating charges +€933
up €933 (+241%), from €387 to €1,320
- Financial charges -€29
down €29 (-7.1%), from €412 to €383
- Financial income -€15
no longer reported in 2025 (was €15)
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 | €13,167 | €8,946 | -€4,221 | -32.1% |
| Fixed assets | 21/28 | €4,357 | €2,874 | -€1,482 | -34.0% |
| Tangible fixed assets | 22/27 | €4,357 | €2,874 | -€1,482 | -34.0% |
| Land and buildings | 22 | €3,379 | €2,545 | -€834 | -24.7% |
| Furniture and vehicles | 24 | €977 | €329 | -€648 | -66.3% |
| Current assets | 29/58 | €8,810 | €6,072 | -€2,738 | -31.1% |
| Amounts receivable within one year | 40/41 | €304 | €304 | = | 0.0% |
| Other amounts receivable | 41 | €304 | €304 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €8,506 | €5,768 | -€2,738 | -32.2% |
| Total equity and liabilities | 10/49 | €13,167 | €8,946 | -€4,221 | -32.1% |
| Equity | 10/15 | €10,670 | €7,396 | -€3,273 | -30.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,930 | -€11,204 | -€3,273 | -41.3% |
| Amounts payable | 17/49 | €2,497 | €1,550 | -€947 | -37.9% |
| Amounts payable within one year | 42/48 | €2,497 | €1,550 | -€947 | -37.9% |
| Trade debts | 44 | €1,000 | €52 | -€947 | -94.8% |
| Suppliers | 440/4 | €1,000 | €52 | -€947 | -94.8% |
| Other amounts payable | 47/48 | €1,497 | €1,497 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,585 | €1,482 | -€1,102 | -42.6% |
| Other operating charges | 640/8 | €387 | €1,320 | +€933 | +241% |
| Gross operating margin | 9900 | -€1,206 | -€88 | +€1,117 | +92.7% |
| Operating profit (loss) | 9901 | -€4,178 | -€2,891 | +€1,287 | +30.8% |
| Financial income | 75/76B | €15 | - | -€15 | |
| Recurring financial income | 75 | €15 | - | -€15 | |
| Financial charges | 65/66B | €412 | €383 | -€29 | -7.1% |
| Recurring financial charges | 65 | €412 | €383 | -€29 | -7.1% |
| Profit (loss) for the period before taxes | 9903 | -€4,575 | -€3,273 | +€1,301 | +28.4% |
| Profit (loss) for the period | 9904 | -€4,575 | -€3,273 | +€1,301 | +28.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,575 | -€3,273 | +€1,301 | +28.4% |
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 20 October 2026 via checked.be.