GABIRO: 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.
GABIRO
Largest movements
- Tangible fixed assets -€24,394
down €24,394 (-4.7%), from €516,900 to €492,505
of which Land and buildings: -€23,624
- Cash +€7,798
up €7,798 (+418%), from €1,867 to €9,665
mainly Depreciation (+€24,394)
- Other debts -€7,955
down €7,955 (-1.5%), from €545,561 to €537,606
- Profit (loss) carried forward -€6,649
down €6,649 (-6.5%), from -€102,793 to -€109,442
- Gross operating margin +€4,042
up €4,042 (+22.9%), from €17,620 to €21,662
- Depreciation +€608
up €608 (+2.6%), from €23,787 to €24,394
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 | €520,527 | €503,934 | -€16,593 | -3.2% |
| Fixed assets | 21/28 | €516,900 | €492,505 | -€24,394 | -4.7% |
| Tangible fixed assets | 22/27 | €516,900 | €492,505 | -€24,394 | -4.7% |
| Land and buildings | 22 | €516,129 | €492,505 | -€23,624 | -4.6% |
| Plant, machinery and equipment | 23 | €770 | - | -€770 | |
| Current assets | 29/58 | €3,627 | €11,429 | +€7,801 | +215% |
| Amounts receivable within one year | 40/41 | €28 | €28 | = | 0.0% |
| Other amounts receivable | 41 | €28 | €28 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,867 | €9,665 | +€7,798 | +418% |
| Deferred charges and accrued income | 490/1 | €1,732 | €1,735 | +€4 | +0.2% |
| Total equity and liabilities | 10/49 | €520,527 | €503,934 | -€16,593 | -3.2% |
| Equity | 10/15 | -€27,043 | -€33,692 | -€6,649 | -24.6% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €750 | €750 | = | 0.0% |
| Non-distributable reserves | 130/1 | €750 | €750 | = | 0.0% |
| Reserves not available under the articles | 1311 | €750 | €750 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€102,793 | -€109,442 | -€6,649 | -6.5% |
| Amounts payable | 17/49 | €547,570 | €537,625 | -€9,944 | -1.8% |
| Amounts payable within one year | 42/48 | €547,570 | €537,625 | -€9,944 | -1.8% |
| Current portion of amounts payable after more than one year | 42 | €1,694 | - | -€1,694 | |
| Trade debts | 44 | €315 | €20 | -€296 | -93.8% |
| Suppliers | 440/4 | €315 | €20 | -€296 | -93.8% |
| Other amounts payable | 47/48 | €545,561 | €537,606 | -€7,955 | -1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,787 | €24,394 | +€608 | +2.6% |
| Other operating charges | 640/8 | €3,065 | €3,152 | +€87 | +2.8% |
| Gross operating margin | 9900 | €17,620 | €21,662 | +€4,042 | +22.9% |
| Operating profit (loss) | 9901 | -€9,232 | -€5,885 | +€3,347 | +36.3% |
| Financial income | 75/76B | - | €100 | +€100 | |
| Recurring financial income | 75 | - | €100 | +€100 | |
| Financial charges | 65/66B | €688 | €864 | +€176 | +25.6% |
| Recurring financial charges | 65 | €688 | €864 | +€176 | +25.6% |
| Profit (loss) for the period before taxes | 9903 | -€9,920 | -€6,649 | +€3,271 | +33.0% |
| Profit (loss) for the period | 9904 | -€9,920 | -€6,649 | +€3,271 | +33.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,920 | -€6,649 | +€3,271 | +33.0% |
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.