SHOP GURBHAAR: 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.
SHOP GURBHAAR
Largest movements
- Tangible fixed assets +€18,780
up €18,780 (+59.7%), from €31,475 to €50,255
of which Furniture and vehicles: +€19,060
- Debts after one year +€31,206
up €31,206 (+120%), from €26,000 to €57,206
- Profit (loss) carried forward -€10,605
down €10,605, from €5,098 to -€5,507
- Other debts +€3,882
up €3,882 (+55.7%), from €6,963 to €10,844
- Current portion of long-term debt -€3,742
no longer reported in 2025 (was €3,742)
- Trade debts -€3,387
down €3,387 (-55.4%), from €6,115 to €2,728
- Turnover -€20,370
down €20,370 (-4.6%), from €438,621 to €418,251
- Gross operating margin -€19,168
down €19,168 (-52.9%), from €36,264 to €17,096
- Depreciation +€14,394
up €14,394 (+328%), from €4,391 to €18,785
- Staff costs -€7,716
down €7,716 (-52.8%), from €14,604 to €6,888
- Other operating charges -€5,286
down €5,286 (-74.0%), from €7,142 to €1,856
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 | €71,866 | €89,092 | +€17,226 | +24.0% |
| Fixed assets | 21/28 | €31,475 | €50,255 | +€18,780 | +59.7% |
| Tangible fixed assets | 22/27 | €31,475 | €50,255 | +€18,780 | +59.7% |
| Plant, machinery and equipment | 23 | €689 | €409 | -€280 | -40.6% |
| Furniture and vehicles | 24 | €30,786 | €49,846 | +€19,060 | +61.9% |
| Current assets | 29/58 | €40,391 | €38,837 | -€1,554 | -3.8% |
| Stocks and contracts in progress | 3 | €29,323 | €29,328 | +€5 | 0.0% |
| Stocks | 30/36 | €29,323 | €29,328 | +€5 | 0.0% |
| Amounts receivable within one year | 40/41 | €8,297 | €7,443 | -€854 | -10.3% |
| Other amounts receivable | 41 | €8,297 | €7,443 | -€854 | -10.3% |
| Cash at bank and in hand | 54/58 | €2,546 | €2,065 | -€481 | -18.9% |
| Deferred charges and accrued income | 490/1 | €225 | - | -€225 | |
| Total equity and liabilities | 10/49 | €71,866 | €89,092 | +€17,226 | +24.0% |
| Equity | 10/15 | €27,241 | €16,636 | -€10,605 | -38.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €3,543 | €3,543 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,063 | €1,063 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,063 | €1,063 | = | 0.0% |
| Distributable reserves | 133 | €2,480 | €2,480 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,098 | -€5,507 | -€10,605 | |
| Amounts payable | 17/49 | €44,624 | €72,456 | +€27,832 | +62.4% |
| Amounts payable after more than one year | 17 | €26,000 | €57,206 | +€31,206 | +120% |
| Financial debts | 170/4 | €26,000 | €57,206 | +€31,206 | +120% |
| Amounts payable within one year | 42/48 | €18,624 | €15,250 | -€3,374 | -18.1% |
| Current portion of amounts payable after more than one year | 42 | €3,742 | - | -€3,742 | |
| Trade debts | 44 | €6,115 | €2,728 | -€3,387 | -55.4% |
| Suppliers | 440/4 | €6,115 | €2,728 | -€3,387 | -55.4% |
| Taxes, remuneration and social security | 45 | €1,804 | €1,678 | -€127 | -7.0% |
| Taxes | 450/3 | €1,512 | €1,294 | -€218 | -14.4% |
| Remuneration and social security | 454/9 | €293 | €384 | +€91 | +31.0% |
| Other amounts payable | 47/48 | €6,963 | €10,844 | +€3,882 | +55.7% |
| Turnover | 70 | €438,621 | €418,251 | -€20,370 | -4.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €416,974 | €411,906 | -€5,068 | -1.2% |
| Remuneration, social security and pensions | 62 | €14,604 | €6,888 | -€7,716 | -52.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,391 | €18,785 | +€14,394 | +328% |
| Other operating charges | 640/8 | €7,142 | €1,856 | -€5,286 | -74.0% |
| Gross operating margin | 9900 | €36,264 | €17,096 | -€19,168 | -52.9% |
| Operating profit (loss) | 9901 | €10,127 | -€10,434 | -€20,560 | |
| Financial charges | 65/66B | €190 | €172 | -€19 | -9.7% |
| Recurring financial charges | 65 | €190 | €172 | -€19 | -9.7% |
| Profit (loss) for the period before taxes | 9903 | €9,936 | -€10,605 | -€20,542 | |
| Income taxes | 67/77 | €2,459 | - | -€2,459 | |
| Profit (loss) for the period | 9904 | €7,477 | -€10,605 | -€18,082 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,477 | -€10,605 | -€18,082 |
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 30 October 2026 via checked.be.