EL GAGA: 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.
EL GAGA
Largest movements
- Receivables within one year -€4,020
down €4,020 (-72.7%), from €5,527 to €1,507
of which Other amounts receivable: -€4,020
- Tangible fixed assets +€3,650
up €3,650 (+5.9%), from €61,858 to €65,508
of which Land and buildings: +€3,888
- Cash -€1,174
down €1,174 (-73.6%), from €1,595 to €420
mainly Investment in fixed assets (net) (-€11,075) and Net result for the year (-€2,062)
- Profit (loss) carried forward -€2,062
down €2,062 (-61.5%), from -€3,353 to -€5,415
- Trade debts +€779
up €779 (+330%), from €236 to €1,015
- Gross operating margin -€3,553
down €3,553 (-36.4%), from €9,769 to €6,215
- Depreciation +€440
up €440 (+6.3%), from €6,985 to €7,425
- Other operating charges +€156
up €156 (+17.3%), from €900 to €1,055
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 | €69,606 | €68,322 | -€1,283 | -1.8% |
| Fixed assets | 21/28 | €61,858 | €65,508 | +€3,650 | +5.9% |
| Tangible fixed assets | 22/27 | €61,858 | €65,508 | +€3,650 | +5.9% |
| Land and buildings | 22 | €60,394 | €64,282 | +€3,888 | +6.4% |
| Plant, machinery and equipment | 23 | €1,464 | €1,226 | -€238 | -16.2% |
| Current assets | 29/58 | €7,748 | €2,814 | -€4,934 | -63.7% |
| Amounts receivable within one year | 40/41 | €5,527 | €1,507 | -€4,020 | -72.7% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €5,527 | €1,507 | -€4,020 | -72.7% |
| Cash at bank and in hand | 54/58 | €1,595 | €420 | -€1,174 | -73.6% |
| Deferred charges and accrued income | 490/1 | €627 | €887 | +€260 | +41.6% |
| Total equity and liabilities | 10/49 | €69,606 | €68,322 | -€1,283 | -1.8% |
| Equity | 10/15 | €69,370 | €67,308 | -€2,062 | -3.0% |
| Contributions | 10/11 | €24,000 | €24,000 | = | 0.0% |
| Reserves | 13 | €48,723 | €48,723 | = | 0.0% |
| Distributable reserves | 133 | €48,723 | €48,723 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,353 | -€5,415 | -€2,062 | -61.5% |
| Amounts payable | 17/49 | €236 | €1,015 | +€779 | +330% |
| Amounts payable within one year | 42/48 | €236 | €1,015 | +€779 | +330% |
| Trade debts | 44 | €236 | €1,015 | +€779 | +330% |
| Suppliers | 440/4 | €236 | €1,015 | +€779 | +330% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,985 | €7,425 | +€440 | +6.3% |
| Other operating charges | 640/8 | €900 | €1,055 | +€156 | +17.3% |
| Gross operating margin | 9900 | €9,769 | €6,215 | -€3,553 | -36.4% |
| Operating profit (loss) | 9901 | €1,884 | -€2,265 | -€4,149 | |
| Financial income | 75/76B | €227 | €243 | +€16 | +7.2% |
| Recurring financial income | 75 | €227 | €243 | +€16 | +7.2% |
| Financial charges | 65/66B | €48 | €41 | -€7 | -15.6% |
| Recurring financial charges | 65 | €48 | €41 | -€7 | -15.6% |
| Profit (loss) for the period before taxes | 9903 | €2,063 | -€2,062 | -€4,125 | |
| Profit (loss) for the period | 9904 | €2,063 | -€2,062 | -€4,125 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,063 | -€2,062 | -€4,125 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.