CENTRALES GAMBY: what changed
CENTRALES GAMBY
Largest movements
- Current investments +€236,225
new in 2025: €236,225
- Cash -€212,627
down €212,627 (-67.7%), from €314,203 to €101,576
mainly Current investments (-€236,225) and Investment in fixed assets (net) (-€122,620)
- Tangible fixed assets +€81,876
up €81,876 (+39.2%), from €208,826 to €290,702
of which Land and buildings: +€100,760
- Receivables within one year +€28,521
up €28,521 (+45.1%), from €63,254 to €91,775
of which Other amounts receivable: +€50,000
- Trade debts +€81,894
up €81,894 (+478%), from €17,127 to €99,020
- Reserves +€67,984
up €67,984 (+14.7%), from €462,077 to €530,061
of which Distributable reserves: +€78,000
- Tax, wage and social debts -€19,531
down €19,531 (-36.1%), from €54,127 to €34,595
- Financial income -€97,638
down €97,638 (-21.0%), from €463,865 to €366,228
of which Non-recurring financial income: -€144,237
- Financial charges -€83,455
down €83,455 (-19.8%), from €421,576 to €338,121
of which Non-recurring financial charges: -€88,061
- Gross operating margin +€82,084
up €82,084 (+149%), from €54,990 to €137,074
- Depreciation -€7,685
down €7,685 (-15.9%), from €48,428 to €40,744
- Taxes -€5,609
down €5,609 (-13.3%), from €42,100 to €36,491
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €870,220 | €1,005,569 | +€135,350 | +15.6% |
| Fixed assets | 21/28 | €481,826 | €563,702 | +€81,876 | +17.0% |
| Tangible fixed assets | 22/27 | €208,826 | €290,702 | +€81,876 | +39.2% |
| Land and buildings | 22 | €165,435 | €266,194 | +€100,760 | +60.9% |
| Plant, machinery and equipment | 23 | €16,636 | €12,789 | -€3,847 | -23.1% |
| Furniture and vehicles | 24 | €26,756 | €11,719 | -€15,036 | -56.2% |
| Financial fixed assets | 28 | €273,000 | €273,000 | = | 0.0% |
| Current assets | 29/58 | €388,393 | €441,867 | +€53,474 | +13.8% |
| Amounts receivable within one year | 40/41 | €63,254 | €91,775 | +€28,521 | +45.1% |
| Trade receivables | 40 | €63,254 | €41,775 | -€21,479 | -34.0% |
| Other amounts receivable | 41 | - | €50,000 | +€50,000 | |
| Current investments | 50/53 | - | €236,225 | +€236,225 | |
| Cash at bank and in hand | 54/58 | €314,203 | €101,576 | -€212,627 | -67.7% |
| Deferred charges and accrued income | 490/1 | €10,936 | €12,291 | +€1,355 | +12.4% |
| Total equity and liabilities | 10/49 | €870,220 | €1,005,569 | +€135,350 | +15.6% |
| Equity | 10/15 | €675,253 | €744,153 | +€68,900 | +10.2% |
| Contributions | 10/11 | €212,500 | €212,500 | = | 0.0% |
| Reserves | 13 | €462,077 | €530,061 | +€67,984 | +14.7% |
| Tax-exempt reserves | 132 | €371,477 | €361,461 | -€10,016 | -2.7% |
| Distributable reserves | 133 | €90,600 | €168,600 | +€78,000 | +86.1% |
| Profit (loss) carried forward | 14 | €676 | €1,592 | +€916 | +135% |
| Provisions and deferred taxes | 16 | €92,869 | €90,365 | -€2,504 | -2.7% |
| Deferred taxes | 168 | €92,869 | €90,365 | -€2,504 | -2.7% |
| Amounts payable | 17/49 | €102,097 | €171,051 | +€68,953 | +67.5% |
| Amounts payable within one year | 42/48 | €102,097 | €171,051 | +€68,953 | +67.5% |
| Trade debts | 44 | €17,127 | €99,020 | +€81,894 | +478% |
| Suppliers | 440/4 | €17,127 | €99,020 | +€81,894 | +478% |
| Taxes, remuneration and social security | 45 | €54,127 | €34,595 | -€19,531 | -36.1% |
| Taxes | 450/3 | €54,127 | €34,595 | -€19,531 | -36.1% |
| Other amounts payable | 47/48 | €30,844 | €37,435 | +€6,591 | +21.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,428 | €40,744 | -€7,685 | -15.9% |
| Other operating charges | 640/8 | €6,441 | €6,845 | +€404 | +6.3% |
| Gross operating margin | 9900 | €54,990 | €137,074 | +€82,084 | +149% |
| Operating profit (loss) | 9901 | €121 | €89,485 | +€89,365 | +73,971% |
| Financial income | 75/76B | €463,865 | €366,228 | -€97,638 | -21.0% |
| Recurring financial income | 75 | €22,002 | €68,602 | +€46,599 | +212% |
| Non-recurring financial income | 76B | €441,863 | €297,626 | -€144,237 | -32.6% |
| Financial charges | 65/66B | €421,576 | €338,121 | -€83,455 | -19.8% |
| Recurring financial charges | 65 | €6,419 | €11,025 | +€4,606 | +71.8% |
| Non-recurring financial charges | 66B | €415,157 | €327,096 | -€88,061 | -21.2% |
| Profit (loss) for the period before taxes | 9903 | €42,410 | €117,592 | +€75,182 | +177% |
| Transfer from deferred taxes | 780 | €1,095 | €2,504 | +€1,409 | +129% |
| Income taxes | 67/77 | €42,100 | €36,491 | -€5,609 | -13.3% |
| Profit (loss) for the period | 9904 | €1,406 | €83,605 | +€82,199 | +5,848% |
| Transfer from tax-exempt reserves | 789 | €4,381 | €10,016 | +€5,635 | +129% |
| Profit (loss) for the period to be appropriated | 9905 | €5,786 | €93,621 | +€87,834 | +1,518% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.