GAMA 2001: 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.
GAMA 2001
Largest movements
- Receivables within one year +€72,465
up €72,465 (+29.7%), from €244,142 to €316,608
of which Other amounts receivable: +€54,965
- Cash -€60,766
down €60,766 (-99.9%), from €60,825 to €59
mainly Receivables within one year (-€72,465) and Net result for the year (-€28,996)
- Tangible fixed assets -€30,532
down €30,532 (-40.8%), from €74,823 to €44,291
of which Plant, machinery and equipment: -€29,189
- Trade debts +€28,332
up €28,332 (+81.4%), from €34,795 to €63,127
- Reserves -€22,548
down €22,548 (-70.7%), from €31,907 to €9,359
of which Tax-exempt reserves: -€22,548
- Current portion of long-term debt -€16,800
no longer reported in 2026 (was €16,800)
- Short-term financial debts +€8,667
new in 2026: €8,667
- Provisions -€7,516
down €7,516 (-92.1%), from €8,157 to €641
- Gross operating margin -€63,038
down €63,038, from €34,040 to -€28,997
- Depreciation -€15,027
down €15,027 (-49.1%), from €30,625 to €15,598
- Taxes -€6,782
down €6,782 (-97.8%), from €6,935 to €152
- Financial income +€1,277
up €1,277 (+13.6%), from €9,378 to €10,654
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €383,386 | €365,480 | -€17,906 | -4.7% |
| Fixed assets | 21/28 | €74,823 | €44,291 | -€30,532 | -40.8% |
| Tangible fixed assets | 22/27 | €74,823 | €44,291 | -€30,532 | -40.8% |
| Plant, machinery and equipment | 23 | €69,293 | €40,104 | -€29,189 | -42.1% |
| Furniture and vehicles | 24 | €5,530 | €4,187 | -€1,343 | -24.3% |
| Current assets | 29/58 | €308,563 | €321,189 | +€12,626 | +4.1% |
| Amounts receivable within one year | 40/41 | €244,142 | €316,608 | +€72,465 | +29.7% |
| Trade receivables | 40 | €67,855 | €85,355 | +€17,500 | +25.8% |
| Other amounts receivable | 41 | €176,287 | €231,252 | +€54,965 | +31.2% |
| Cash at bank and in hand | 54/58 | €60,825 | €59 | -€60,766 | -99.9% |
| Deferred charges and accrued income | 490/1 | €3,595 | €4,522 | +€927 | +25.8% |
| Total equity and liabilities | 10/49 | €383,386 | €365,480 | -€17,906 | -4.7% |
| Equity | 10/15 | €321,964 | €292,969 | -€28,996 | -9.0% |
| Contributions | 10/11 | €74,368 | €74,368 | = | 0.0% |
| Reserves | 13 | €31,907 | €9,359 | -€22,548 | -70.7% |
| Non-distributable reserves | 130/1 | €7,437 | €7,437 | = | 0.0% |
| Reserves not available under the articles | 1311 | €7,437 | €7,437 | = | 0.0% |
| Tax-exempt reserves | 132 | €24,470 | €1,922 | -€22,548 | -92.1% |
| Profit (loss) carried forward | 14 | €215,690 | €209,241 | -€6,448 | -3.0% |
| Provisions and deferred taxes | 16 | €8,157 | €641 | -€7,516 | -92.1% |
| Deferred taxes | 168 | €8,157 | €641 | -€7,516 | -92.1% |
| Amounts payable | 17/49 | €53,265 | €71,871 | +€18,606 | +34.9% |
| Amounts payable within one year | 42/48 | €53,265 | €71,871 | +€18,606 | +34.9% |
| Current portion of amounts payable after more than one year | 42 | €16,800 | - | -€16,800 | |
| Financial debts | 43 | - | €8,667 | +€8,667 | |
| Credit institutions | 430/8 | - | €8,667 | +€8,667 | |
| Trade debts | 44 | €34,795 | €63,127 | +€28,332 | +81.4% |
| Suppliers | 440/4 | €34,795 | €63,127 | +€28,332 | +81.4% |
| Taxes, remuneration and social security | 45 | €1,670 | €77 | -€1,593 | -95.4% |
| Taxes | 450/3 | €1,670 | €77 | -€1,593 | -95.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,625 | €15,598 | -€15,027 | -49.1% |
| Other operating charges | 640/8 | €1,062 | €1,282 | +€220 | +20.7% |
| Gross operating margin | 9900 | €34,040 | -€28,997 | -€63,038 | |
| Operating profit (loss) | 9901 | €2,353 | -€45,878 | -€48,231 | |
| Financial income | 75/76B | €9,378 | €10,654 | +€1,277 | +13.6% |
| Recurring financial income | 75 | €9,378 | €10,654 | +€1,277 | +13.6% |
| Financial charges | 65/66B | €1,119 | €1,136 | +€16 | +1.5% |
| Recurring financial charges | 65 | €1,119 | €1,136 | +€16 | +1.5% |
| Profit (loss) for the period before taxes | 9903 | €10,611 | -€36,359 | -€46,970 | |
| Transfer from deferred taxes | 780 | €4,322 | €7,516 | +€3,194 | +73.9% |
| Income taxes | 67/77 | €6,935 | €152 | -€6,782 | -97.8% |
| Profit (loss) for the period | 9904 | €7,998 | -€28,996 | -€36,994 | |
| Transfer from tax-exempt reserves | 789 | €12,965 | €22,548 | +€9,583 | +73.9% |
| Profit (loss) for the period to be appropriated | 9905 | €20,962 | -€6,448 | -€27,411 |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.