MESDAMES GILBERT: 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.
MESDAMES GILBERT
Largest movements
- Cash -€30,133
down €30,133 (-42.5%), from €70,886 to €40,754
mainly Stocks and contracts (-€16,230) and Trade debts (-€11,066)
- Stocks and contracts +€16,230
up €16,230 (+351.8%), from €4,614 to €20,844
- Receivables within one year +€3,620
up €3,620 (+94.2%), from €3,844 to €7,464
of which Trade receivables: +€2,150
- Trade debts -€11,066
down €11,066 (-40.8%), from €27,153 to €16,086
- Reserves +€10,898
up €10,898 (+33.0%), from €33,052 to €43,950
- Tax, wage and social debts -€10,115
no longer reported in 2025 (was €10,115)
- Gross operating margin -€17,102
down €17,102 (-53.5%), from €31,950 to €14,849
- Taxes -€6,286
down €6,286 (-63.1%), from €9,959 to €3,673
- Financial income +€353
up €353 (+1445.2%), from €24 to €377
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 | €79,344 | €69,061 | -€10,283 | -13.0% |
| Current assets | 29/58 | €79,344 | €69,061 | -€10,283 | -13.0% |
| Stocks and contracts in progress | 3 | €4,614 | €20,844 | +€16,230 | +351.8% |
| Stocks | 30/36 | €4,614 | €20,844 | +€16,230 | +351.8% |
| Amounts receivable within one year | 40/41 | €3,844 | €7,464 | +€3,620 | +94.2% |
| Trade receivables | 40 | €375 | €2,525 | +€2,150 | +573.3% |
| Other amounts receivable | 41 | €3,469 | €4,939 | +€1,470 | +42.4% |
| Cash at bank and in hand | 54/58 | €70,886 | €40,754 | -€30,133 | -42.5% |
| Total equity and liabilities | 10/49 | €79,344 | €69,061 | -€10,283 | -13.0% |
| Equity | 10/15 | €42,052 | €52,950 | +€10,898 | +25.9% |
| Contributions | 10/11 | €9,000 | €9,000 | = | 0.0% |
| Reserves | 13 | €33,052 | €43,950 | +€10,898 | +33.0% |
| Distributable reserves | 133 | €33,052 | €43,950 | +€10,898 | +33.0% |
| Amounts payable | 17/49 | €37,292 | €16,111 | -€21,181 | -56.8% |
| Amounts payable within one year | 42/48 | €37,292 | €16,111 | -€21,181 | -56.8% |
| Trade debts | 44 | €27,153 | €16,086 | -€11,066 | -40.8% |
| Suppliers | 440/4 | €27,153 | €16,086 | -€11,066 | -40.8% |
| Taxes, remuneration and social security | 45 | €10,115 | - | -€10,115 | |
| Taxes | 450/3 | €10,115 | - | -€10,115 | |
| Other amounts payable | 47/48 | €25 | €25 | = | 0.0% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €31,950 | €14,849 | -€17,102 | -53.5% |
| Operating profit (loss) | 9901 | €31,445 | €14,329 | -€17,116 | -54.4% |
| Financial income | 75/76B | €24 | €377 | +€353 | +1445.2% |
| Recurring financial income | 75 | €24 | €377 | +€353 | +1445.2% |
| Financial charges | 65/66B | €160 | €135 | -€26 | -15.9% |
| Recurring financial charges | 65 | €160 | €135 | -€26 | -15.9% |
| Profit (loss) for the period before taxes | 9903 | €31,309 | €14,571 | -€16,738 | -53.5% |
| Income taxes | 67/77 | €9,959 | €3,673 | -€6,286 | -63.1% |
| Profit (loss) for the period | 9904 | €21,350 | €10,898 | -€10,451 | -49.0% |
| Profit (loss) for the period to be appropriated | 9905 | €21,350 | €10,898 | -€10,451 | -49.0% |
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.