LE GATEAU ROYAL: 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 GATEAU ROYAL
Largest movements
- Cash -€11,310
down €11,310 (-43.5%), from €25,983 to €14,673
mainly Trade debts (-€10,215) and Net result for the year (-€5,528)
- Receivables within one year -€1,039
down €1,039 (-23.6%), from €4,402 to €3,363
of which Other amounts receivable: -€1,625
- Trade debts -€10,215
down €10,215 (-35.5%), from €28,759 to €18,544
- Profit (loss) carried forward -€5,528
down €5,528 (-22.5%), from -€24,546 to -€30,074
- Other debts +€3,016
up €3,016 (+16.8%), from €17,957 to €20,973
- Tax, wage and social debts +€576
up €576 (+10.1%), from €5,712 to €6,288
of which Remuneration and social security: +€644
- Gross operating margin -€3,198
down €3,198 (-32.7%), from €9,775 to €6,577
- Staff costs +€1,626
up €1,626 (+35.8%), from €4,541 to €6,167
- Depreciation -€1,400
down €1,400 (-68.5%), from €2,045 to €644
- Financial charges -€1,057
down €1,057 (-29.8%), from €3,545 to €2,488
- Other operating charges +€948
up €948 (+50.8%), from €1,868 to €2,816
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 | €35,940 | €23,790 | -€12,150 | -33.8% |
| Fixed assets | 21/28 | €1,955 | €2,154 | +€199 | +10.2% |
| Tangible fixed assets | 22/27 | €605 | €804 | +€199 | +32.9% |
| Plant, machinery and equipment | 23 | €605 | €804 | +€199 | +32.9% |
| Financial fixed assets | 28 | €1,350 | €1,350 | = | 0.0% |
| Current assets | 29/58 | €33,985 | €21,636 | -€12,349 | -36.3% |
| Stocks and contracts in progress | 3 | €3,600 | €3,600 | = | 0.0% |
| Stocks | 30/36 | €3,600 | €3,600 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €4,402 | €3,363 | -€1,039 | -23.6% |
| Trade receivables | 40 | - | €585 | +€585 | |
| Other amounts receivable | 41 | €4,402 | €2,777 | -€1,625 | -36.9% |
| Cash at bank and in hand | 54/58 | €25,983 | €14,673 | -€11,310 | -43.5% |
| Total equity and liabilities | 10/49 | €35,940 | €23,790 | -€12,150 | -33.8% |
| Equity | 10/15 | -€16,489 | -€22,016 | -€5,528 | -33.5% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Capital | 10 | - | €6,197 | +€6,197 | |
| Issued capital | 100 | - | €18,600 | +€18,600 | |
| Uncalled capital | 101 | - | €12,403 | +€12,403 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,546 | -€30,074 | -€5,528 | -22.5% |
| Amounts payable | 17/49 | €52,428 | €45,806 | -€6,623 | -12.6% |
| Amounts payable within one year | 42/48 | €52,428 | €45,806 | -€6,623 | -12.6% |
| Trade debts | 44 | €28,759 | €18,544 | -€10,215 | -35.5% |
| Suppliers | 440/4 | €28,759 | €18,544 | -€10,215 | -35.5% |
| Taxes, remuneration and social security | 45 | €5,712 | €6,288 | +€576 | +10.1% |
| Taxes | 450/3 | €68 | - | -€68 | |
| Remuneration and social security | 454/9 | €5,644 | €6,288 | +€644 | +11.4% |
| Other amounts payable | 47/48 | €17,957 | €20,973 | +€3,016 | +16.8% |
| Remuneration, social security and pensions | 62 | €4,541 | €6,167 | +€1,626 | +35.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,045 | €644 | -€1,400 | -68.5% |
| Other operating charges | 640/8 | €1,868 | €2,816 | +€948 | +50.8% |
| Gross operating margin | 9900 | €9,775 | €6,577 | -€3,198 | -32.7% |
| Operating profit (loss) | 9901 | €1,322 | -€3,049 | -€4,371 | |
| Financial income | 75/76B | - | €10 | +€10 | |
| Recurring financial income | 75 | - | €10 | +€10 | |
| Financial charges | 65/66B | €3,545 | €2,488 | -€1,057 | -29.8% |
| Recurring financial charges | 65 | €3,545 | €2,488 | -€1,057 | -29.8% |
| Profit (loss) for the period before taxes | 9903 | -€2,223 | -€5,528 | -€3,305 | -149% |
| Profit (loss) for the period | 9904 | -€2,223 | -€5,528 | -€3,305 | -149% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,223 | -€5,528 | -€3,305 | -149% |
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 27 October 2026 via checked.be.