M. GASPARD SERVICES: 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.
M. GASPARD SERVICES
Largest movements
- Cash +€9,448
up €9,448 (+65.6%), from €14,397 to €23,845
mainly Receivables within one year (+€4,104) and Net result for the year (+€3,774)
- Receivables within one year -€4,104
down €4,104 (-67.2%), from €6,105 to €2,001
of which Trade receivables: -€6,105
- Tangible fixed assets -€614
down €614 (-33.4%), from €1,839 to €1,225
- Deferred charges and accrued income -€279
down €279 (-88.6%), from €315 to €36
- Profit (loss) carried forward +€3,774
up €3,774, from -€652 to €3,122
- Tax, wage and social debts +€718
up €718 (+12.4%), from €5,808 to €6,527
of which Remuneration and social security: +€1,026
- Purchases and services +€17,686
up €17,686 (+19.1%), from €92,538 to €110,224
- Turnover +€14,703
up €14,703 (+14.5%), from €101,464 to €116,167
- Gross operating margin -€2,983
down €2,983 (-33.4%), from €8,926 to €5,943
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 | €22,699 | €27,150 | +€4,450 | +19.6% |
| Fixed assets | 21/28 | €1,882 | €1,268 | -€614 | -32.6% |
| Tangible fixed assets | 22/27 | €1,839 | €1,225 | -€614 | -33.4% |
| Furniture and vehicles | 24 | €1,839 | €1,225 | -€614 | -33.4% |
| Financial fixed assets | 28 | €43 | €43 | = | 0.0% |
| Current assets | 29/58 | €20,817 | €25,882 | +€5,064 | +24.3% |
| Amounts receivable within one year | 40/41 | €6,105 | €2,001 | -€4,104 | -67.2% |
| Trade receivables | 40 | €6,105 | - | -€6,105 | |
| Other amounts receivable | 41 | - | €2,001 | +€2,001 | |
| Cash at bank and in hand | 54/58 | €14,397 | €23,845 | +€9,448 | +65.6% |
| Deferred charges and accrued income | 490/1 | €315 | €36 | -€279 | -88.6% |
| Total equity and liabilities | 10/49 | €22,699 | €27,150 | +€4,450 | +19.6% |
| Equity | 10/15 | €348 | €4,122 | +€3,774 | +1,083% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€652 | €3,122 | +€3,774 | |
| Amounts payable | 17/49 | €22,351 | €23,027 | +€676 | +3.0% |
| Amounts payable within one year | 42/48 | €22,351 | €23,027 | +€676 | +3.0% |
| Trade debts | 44 | €2,141 | €2,115 | -€26 | -1.2% |
| Suppliers | 440/4 | €2,141 | €2,115 | -€26 | -1.2% |
| Taxes, remuneration and social security | 45 | €5,808 | €6,527 | +€718 | +12.4% |
| Taxes | 450/3 | €4,891 | €4,583 | -€308 | -6.3% |
| Remuneration and social security | 454/9 | €917 | €1,943 | +€1,026 | +112% |
| Other amounts payable | 47/48 | €14,402 | €14,386 | -€16 | -0.1% |
| Turnover | 70 | €101,464 | €116,167 | +€14,703 | +14.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €92,538 | €110,224 | +€17,686 | +19.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €614 | €614 | -€0 | 0.0% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €8,926 | €5,943 | -€2,983 | -33.4% |
| Operating profit (loss) | 9901 | €7,925 | €4,929 | -€2,995 | -37.8% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €138 | €156 | +€18 | +12.9% |
| Recurring financial charges | 65 | €138 | €156 | +€18 | +12.9% |
| Profit (loss) for the period before taxes | 9903 | €7,787 | €4,773 | -€3,013 | -38.7% |
| Income taxes | 67/77 | €98 | €999 | +€902 | +924% |
| Profit (loss) for the period | 9904 | €7,689 | €3,774 | -€3,915 | -50.9% |
| Profit (loss) for the period to be appropriated | 9905 | €7,689 | €3,774 | -€3,915 | -50.9% |
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 18 October 2026 via checked.be.