THE GENTILES: 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.
THE GENTILES
Largest movements
- Receivables within one year -€15,424
down €15,424 (-88.1%), from €17,500 to €2,076
- Intangible fixed assets +€15,000
new in 2025: €15,000
- Stocks and contracts +€4,973
new in 2025: €4,973
- Tangible fixed assets +€2,069
up €2,069 (+18.1%), from €11,447 to €13,517
of which Plant, machinery and equipment: +€2,646
- Deferred charges and accrued income -€722
down €722 (-22.6%), from €3,200 to €2,478
- Other debts +€84,629
new in 2025: €84,629
- Profit (loss) carried forward -€71,980
down €71,980, from €21,165 to -€50,816
- Tax, wage and social debts -€6,296
down €6,296 (-41.8%), from €15,076 to €8,780
of which Taxes: -€7,027
- Trade debts -€844
down €844 (-64.8%), from €1,302 to €459
- Turnover -€243,522
no longer reported in 2025 (was €243,522)
- Purchases and services -€162,963
no longer reported in 2025 (was €162,963)
- Gross operating margin -€126,292
down €126,292, from €81,288 to -€45,004
- Staff costs -€34,238
down €34,238 (-64.5%), from €53,074 to €18,836
- Depreciation +€6,904
up €6,904 (+807%), from €855 to €7,759
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 | €40,043 | €45,553 | +€5,510 | +13.8% |
| Fixed assets | 21/28 | €17,447 | €34,517 | +€17,069 | +97.8% |
| Intangible fixed assets | 21 | - | €15,000 | +€15,000 | |
| Tangible fixed assets | 22/27 | €11,447 | €13,517 | +€2,069 | +18.1% |
| Plant, machinery and equipment | 23 | €5,764 | €8,410 | +€2,646 | +45.9% |
| Furniture and vehicles | 24 | €5,683 | €5,106 | -€577 | -10.1% |
| Financial fixed assets | 28 | €6,000 | €6,000 | = | 0.0% |
| Current assets | 29/58 | €22,596 | €11,036 | -€11,560 | -51.2% |
| Stocks and contracts in progress | 3 | - | €4,973 | +€4,973 | |
| Stocks | 30/36 | - | €4,973 | +€4,973 | |
| Amounts receivable within one year | 40/41 | €17,500 | €2,076 | -€15,424 | -88.1% |
| Other amounts receivable | 41 | €17,500 | €2,076 | -€15,424 | -88.1% |
| Cash at bank and in hand | 54/58 | €1,896 | €1,509 | -€387 | -20.4% |
| Deferred charges and accrued income | 490/1 | €3,200 | €2,478 | -€722 | -22.6% |
| Total equity and liabilities | 10/49 | €40,043 | €45,553 | +€5,510 | +13.8% |
| Equity | 10/15 | €23,665 | -€48,316 | -€71,980 | |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,165 | -€50,816 | -€71,980 | |
| Amounts payable | 17/49 | €16,378 | €93,868 | +€77,490 | +473% |
| Amounts payable within one year | 42/48 | €16,378 | €93,868 | +€77,490 | +473% |
| Trade debts | 44 | €1,302 | €459 | -€844 | -64.8% |
| Suppliers | 440/4 | €1,302 | €459 | -€844 | -64.8% |
| Taxes, remuneration and social security | 45 | €15,076 | €8,780 | -€6,296 | -41.8% |
| Taxes | 450/3 | €9,713 | €2,686 | -€7,027 | -72.3% |
| Remuneration and social security | 454/9 | €5,363 | €6,095 | +€732 | +13.6% |
| Other amounts payable | 47/48 | - | €84,629 | +€84,629 | |
| Turnover | 70 | €243,522 | - | -€243,522 | |
| Goods, raw materials, services and sundry goods | 60/61 | €162,963 | - | -€162,963 | |
| Remuneration, social security and pensions | 62 | €53,074 | €18,836 | -€34,238 | -64.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €855 | €7,759 | +€6,904 | +807% |
| Gross operating margin | 9900 | €81,288 | -€45,004 | -€126,292 | |
| Operating profit (loss) | 9901 | €27,359 | -€71,599 | -€98,958 | |
| Financial charges | 65/66B | €790 | €381 | -€409 | -51.8% |
| Recurring financial charges | 65 | €790 | €381 | -€409 | -51.8% |
| Profit (loss) for the period before taxes | 9903 | €26,569 | -€71,980 | -€98,549 | |
| Income taxes | 67/77 | €5,404 | - | -€5,404 | |
| Profit (loss) for the period | 9904 | €21,165 | -€71,980 | -€93,145 | |
| Profit (loss) for the period to be appropriated | 9905 | €21,165 | -€71,980 | -€93,145 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.