GACM Gestion: 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.
GACM Gestion
Largest movements
- Cash +€7,594
up €7,594 (+1,880%), from €404 to €7,998
mainly Net result for the year (+€7,083) and Debts after one year (+€698)
- Reserves +€7,000
up €7,000 (+6.0%), from €117,382 to €124,382
of which Distributable reserves: +€7,000
- Financial income +€7,700
new in 2025: €7,700
- Gross operating margin +€288
up €288 (+52.2%), from -€552 to -€264
- Other operating charges -€187
down €187 (-48.4%), from €387 to €200
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 | €262,404 | €269,998 | +€7,594 | +2.9% |
| Fixed assets | 21/28 | €262,000 | €262,000 | = | 0.0% |
| Financial fixed assets | 28 | €262,000 | €262,000 | = | 0.0% |
| Current assets | 29/58 | €404 | €7,998 | +€7,594 | +1,880% |
| Cash at bank and in hand | 54/58 | €404 | €7,998 | +€7,594 | +1,880% |
| Total equity and liabilities | 10/49 | €262,404 | €269,998 | +€7,594 | +2.9% |
| Equity | 10/15 | €146,686 | €153,769 | +€7,083 | +4.8% |
| Contributions | 10/11 | €28,820 | €28,820 | = | 0.0% |
| Reserves | 13 | €117,382 | €124,382 | +€7,000 | +6.0% |
| Non-distributable reserves | 130/1 | €2,882 | €2,882 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,882 | €2,882 | = | 0.0% |
| Distributable reserves | 133 | €114,500 | €121,500 | +€7,000 | +6.1% |
| Profit (loss) carried forward | 14 | €484 | €567 | +€83 | +17.2% |
| Amounts payable | 17/49 | €115,718 | €116,229 | +€511 | +0.4% |
| Amounts payable after more than one year | 17 | - | €698 | +€698 | |
| Trade debts | 175 | - | €698 | +€698 | |
| Amounts payable within one year | 42/48 | €114,765 | €115,265 | +€500 | +0.4% |
| Other amounts payable | 47/48 | €114,765 | €115,265 | +€500 | +0.4% |
| Accrued charges and deferred income | 492/3 | €953 | €266 | -€687 | -72.1% |
| Other operating charges | 640/8 | €387 | €200 | -€187 | -48.4% |
| Gross operating margin | 9900 | -€552 | -€264 | +€288 | +52.2% |
| Operating profit (loss) | 9901 | -€939 | -€464 | +€475 | +50.6% |
| Financial income | 75/76B | - | €7,700 | +€7,700 | |
| Recurring financial income | 75 | - | €7,700 | +€7,700 | |
| Financial charges | 65/66B | €153 | €153 | = | 0.0% |
| Recurring financial charges | 65 | €153 | €153 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,092 | €7,083 | +€8,175 | |
| Profit (loss) for the period | 9904 | -€1,092 | €7,083 | +€8,175 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,092 | €7,083 | +€8,175 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.