GATHY: 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.
GATHY
Largest movements
- Receivables within one year +€53,182
up €53,182 (+47.0%), from €113,261 to €166,442
of which Trade receivables: +€38,179
- Financial fixed assets -€12,470
down €12,470 (-45.7%), from €27,296 to €14,826
- Tangible fixed assets -€6,780
down €6,780 (-36.3%), from €18,686 to €11,906
- Deferred charges and accrued income -€2,447
no longer reported in 2025 (was €2,447)
- Tax, wage and social debts +€13,064
up €13,064 (+72.7%), from €17,969 to €31,033
of which Taxes: +€15,864
- Other debts +€11,200
new in 2025: €11,200
- Trade debts +€5,493
up €5,493 (+111%), from €4,943 to €10,436
- Gross operating margin +€26,682
up €26,682 (+254%), from €10,501 to €37,182
- Financial income -€17,193
down €17,193 (-91.1%), from €18,882 to €1,689
- Financial charges -€13,717
down €13,717 (-94.6%), from €14,502 to €785
- Taxes +€7,275
up €7,275 (+185%), from €3,942 to €11,218
- Other operating charges +€533
up €533 (+49.8%), from €1,070 to €1,603
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 | €175,903 | €206,640 | +€30,737 | +17.5% |
| Fixed assets | 21/28 | €45,983 | €26,732 | -€19,251 | -41.9% |
| Tangible fixed assets | 22/27 | €18,686 | €11,906 | -€6,780 | -36.3% |
| Furniture and vehicles | 24 | €18,686 | €11,906 | -€6,780 | -36.3% |
| Financial fixed assets | 28 | €27,296 | €14,826 | -€12,470 | -45.7% |
| Current assets | 29/58 | €129,920 | €179,908 | +€49,988 | +38.5% |
| Stocks and contracts in progress | 3 | €1,596 | €1,596 | = | 0.0% |
| Stocks | 30/36 | €1,596 | €1,596 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €113,261 | €166,442 | +€53,182 | +47.0% |
| Trade receivables | 40 | €96,223 | €134,401 | +€38,179 | +39.7% |
| Other amounts receivable | 41 | €17,038 | €32,041 | +€15,003 | +88.1% |
| Cash at bank and in hand | 54/58 | €12,617 | €11,870 | -€747 | -5.9% |
| Deferred charges and accrued income | 490/1 | €2,447 | - | -€2,447 | |
| Total equity and liabilities | 10/49 | €175,903 | €206,640 | +€30,737 | +17.5% |
| Equity | 10/15 | €152,297 | €153,277 | +€980 | +0.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €3,610 | €3,610 | = | 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% |
| Distributable reserves | 133 | €1,750 | €1,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | €130,087 | €131,067 | +€980 | +0.8% |
| Amounts payable | 17/49 | €23,606 | €53,363 | +€29,757 | +126% |
| Amounts payable after more than one year | 17 | €694 | €694 | = | 0.0% |
| Other amounts payable | 178/9 | €694 | €694 | = | 0.0% |
| Amounts payable within one year | 42/48 | €22,912 | €52,669 | +€29,757 | +130% |
| Trade debts | 44 | €4,943 | €10,436 | +€5,493 | +111% |
| Suppliers | 440/4 | €4,943 | €10,436 | +€5,493 | +111% |
| Taxes, remuneration and social security | 45 | €17,969 | €31,033 | +€13,064 | +72.7% |
| Taxes | 450/3 | €15,169 | €31,033 | +€15,864 | +105% |
| Remuneration and social security | 454/9 | €2,800 | - | -€2,800 | |
| Other amounts payable | 47/48 | - | €11,200 | +€11,200 | |
| Non-recurring operating income | 76A | €3,153 | - | -€3,153 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,116 | €7,895 | -€221 | -2.7% |
| Other operating charges | 640/8 | €1,070 | €1,603 | +€533 | +49.8% |
| Non-recurring operating charges | 66A | - | €391 | +€391 | |
| Gross operating margin | 9900 | €10,501 | €37,182 | +€26,682 | +254% |
| Operating profit (loss) | 9901 | €1,315 | €27,293 | +€25,978 | +1,976% |
| Financial income | 75/76B | €18,882 | €1,689 | -€17,193 | -91.1% |
| Recurring financial income | 75 | €18,882 | €1,689 | -€17,193 | -91.1% |
| Financial charges | 65/66B | €14,502 | €785 | -€13,717 | -94.6% |
| Recurring financial charges | 65 | €14,502 | €785 | -€13,717 | -94.6% |
| Profit (loss) for the period before taxes | 9903 | €5,695 | €28,198 | +€22,503 | +395% |
| Income taxes | 67/77 | €3,942 | €11,218 | +€7,275 | +185% |
| Profit (loss) for the period | 9904 | €1,752 | €16,980 | +€15,228 | +869% |
| Profit (loss) for the period to be appropriated | 9905 | €1,752 | €16,980 | +€15,228 | +869% |
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 17 October 2026 via checked.be.