GAMA CONSULT: 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 CONSULT
Largest movements
- Cash +€79,592
up €79,592 (+191%), from €41,678 to €121,270
mainly Depreciation (+€53,668) and Receivables within one year (+€30,710)
- Tangible fixed assets -€49,046
down €49,046 (-16.1%), from €303,937 to €254,891
of which Land and buildings: -€32,463
- Receivables within one year -€30,710
down €30,710 (-44.3%), from €69,337 to €38,627
of which Other amounts receivable: -€35,596
- Debts after one year -€25,463
down €25,463 (-13.9%), from €182,774 to €157,311
- Reserves +€20,000
up €20,000 (+54.3%), from €36,860 to €56,860
of which Distributable reserves: +€20,000
- Depreciation +€32,841
up €32,841 (+158%), from €20,827 to €53,668
- Taxes -€8,676
down €8,676 (-44.5%), from €19,509 to €10,833
- Other operating charges +€4,650
up €4,650 (+215%), from €2,166 to €6,816
- Gross operating margin -€2,606
down €2,606 (-2.7%), from €97,388 to €94,782
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 | €476,924 | €474,210 | -€2,714 | -0.6% |
| Fixed assets | 21/28 | €357,363 | €309,972 | -€47,392 | -13.3% |
| Tangible fixed assets | 22/27 | €303,937 | €254,891 | -€49,046 | -16.1% |
| Land and buildings | 22 | €247,882 | €215,419 | -€32,463 | -13.1% |
| Plant, machinery and equipment | 23 | €15,799 | €13,386 | -€2,413 | -15.3% |
| Furniture and vehicles | 24 | €27,995 | €17,051 | -€10,944 | -39.1% |
| Other tangible fixed assets | 26 | €12,261 | €9,035 | -€3,226 | -26.3% |
| Financial fixed assets | 28 | €53,426 | €55,080 | +€1,655 | +3.1% |
| Current assets | 29/58 | €119,561 | €164,239 | +€44,678 | +37.4% |
| Stocks and contracts in progress | 3 | €5,062 | €2,584 | -€2,478 | -49.0% |
| Stocks | 30/36 | €5,062 | €2,584 | -€2,478 | -49.0% |
| Amounts receivable within one year | 40/41 | €69,337 | €38,627 | -€30,710 | -44.3% |
| Trade receivables | 40 | €24,574 | €29,460 | +€4,887 | +19.9% |
| Other amounts receivable | 41 | €44,763 | €9,167 | -€35,596 | -79.5% |
| Cash at bank and in hand | 54/58 | €41,678 | €121,270 | +€79,592 | +191% |
| Deferred charges and accrued income | 490/1 | €3,485 | €1,758 | -€1,727 | -49.6% |
| Total equity and liabilities | 10/49 | €476,924 | €474,210 | -€2,714 | -0.6% |
| Equity | 10/15 | €247,743 | €269,385 | +€21,642 | +8.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €36,860 | €56,860 | +€20,000 | +54.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €35,000 | €55,000 | +€20,000 | +57.1% |
| Profit (loss) carried forward | 14 | €204,683 | €206,325 | +€1,642 | +0.8% |
| Amounts payable | 17/49 | €229,181 | €204,825 | -€24,356 | -10.6% |
| Amounts payable after more than one year | 17 | €182,774 | €157,311 | -€25,463 | -13.9% |
| Financial debts | 170/4 | €182,774 | €157,311 | -€25,463 | -13.9% |
| Amounts payable within one year | 42/48 | €46,407 | €47,514 | +€1,107 | +2.4% |
| Current portion of amounts payable after more than one year | 42 | €25,169 | €25,463 | +€294 | +1.2% |
| Trade debts | 44 | €2,391 | €2,446 | +€55 | +2.3% |
| Suppliers | 440/4 | €2,391 | €2,446 | +€55 | +2.3% |
| Taxes, remuneration and social security | 45 | €18,847 | €19,480 | +€632 | +3.4% |
| Taxes | 450/3 | €18,847 | €19,480 | +€632 | +3.4% |
| Other amounts payable | 47/48 | - | €126 | +€126 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,827 | €53,668 | +€32,841 | +158% |
| Other operating charges | 640/8 | €2,166 | €6,816 | +€4,650 | +215% |
| Gross operating margin | 9900 | €97,388 | €94,782 | -€2,606 | -2.7% |
| Operating profit (loss) | 9901 | €74,395 | €34,298 | -€40,097 | -53.9% |
| Financial income | 75/76B | €1,047 | €1,655 | +€608 | +58.0% |
| Recurring financial income | 75 | €1,047 | €1,655 | +€608 | +58.0% |
| Financial charges | 65/66B | €3,360 | €3,477 | +€117 | +3.5% |
| Recurring financial charges | 65 | €3,360 | €3,477 | +€117 | +3.5% |
| Profit (loss) for the period before taxes | 9903 | €72,081 | €32,476 | -€39,606 | -54.9% |
| Income taxes | 67/77 | €19,509 | €10,833 | -€8,676 | -44.5% |
| Profit (loss) for the period | 9904 | €52,572 | €21,642 | -€30,930 | -58.8% |
| Profit (loss) for the period to be appropriated | 9905 | €52,572 | €21,642 | -€30,930 | -58.8% |
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 26 October 2026 via checked.be.