GAMACA: what changed
Two fiscal 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.
GAMACA
Largest movements
- Receivables within one year -€37,784
down €37,784 (-19.8%), from €191,049 to €153,264
of which Other amounts receivable: -€30,844
- Cash +€16,897
up €16,897 (+163.6%), from €10,329 to €27,226
mainly Receivables within one year (+€37,784) and Trade debts (+€7,832)
- Tangible fixed assets +€2,852
up €2,852 (+482.6%), from €591 to €3,443
- Tax, wage and social debts -€22,358
down €22,358 (-83.4%), from €26,817 to €4,460
- Trade debts +€7,832
up €7,832 (+90.9%), from €8,621 to €16,453
- Reserves -€4,177
down €4,177 (-2.6%), from €161,827 to €157,650
of which Tax-exempt reserves: -€6,436
- Taxes -€8,013
down €8,013 (-79.1%), from €10,133 to €2,121
- Gross operating margin +€1,395
up €1,395, from -€1,219 to €177
- Financial income +€1,177
up €1,177 (+183981.3%), from €1 to €1,178
- Other operating charges -€509
down €509 (-19.6%), from €2,599 to €2,090
- Financial charges +€364
up €364 (+118.1%), from €308 to €673
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €203,527 | €184,824 | -€18,702 | -9.2% |
| Fixed assets | 21/28 | €591 | €3,443 | +€2,852 | +482.6% |
| Tangible fixed assets | 22/27 | €591 | €3,443 | +€2,852 | +482.6% |
| Furniture and vehicles | 24 | €591 | €3,443 | +€2,852 | +482.6% |
| Current assets | 29/58 | €202,936 | €181,382 | -€21,554 | -10.6% |
| Stocks and contracts in progress | 3 | €1,042 | €892 | -€150 | -14.4% |
| Stocks | 30/36 | €1,042 | €892 | -€150 | -14.4% |
| Amounts receivable within one year | 40/41 | €191,049 | €153,264 | -€37,784 | -19.8% |
| Trade receivables | 40 | €9,784 | €2,844 | -€6,941 | -70.9% |
| Other amounts receivable | 41 | €181,264 | €150,421 | -€30,844 | -17.0% |
| Cash at bank and in hand | 54/58 | €10,329 | €27,226 | +€16,897 | +163.6% |
| Deferred charges and accrued income | 490/1 | €516 | - | -€516 | |
| Total equity and liabilities | 10/49 | €203,527 | €184,824 | -€18,702 | -9.2% |
| Equity | 10/15 | €168,089 | €163,912 | -€4,177 | -2.5% |
| Contributions | 10/11 | €6,262 | €6,262 | = | 0.0% |
| Reserves | 13 | €161,827 | €157,650 | -€4,177 | -2.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €6,436 | - | -€6,436 | |
| Distributable reserves | 133 | €153,531 | €155,790 | +€2,259 | +1.5% |
| Amounts payable | 17/49 | €35,438 | €20,913 | -€14,526 | -41.0% |
| Amounts payable within one year | 42/48 | €35,438 | €20,913 | -€14,526 | -41.0% |
| Trade debts | 44 | €8,621 | €16,453 | +€7,832 | +90.9% |
| Suppliers | 440/4 | €8,621 | €16,453 | +€7,832 | +90.9% |
| Taxes, remuneration and social security | 45 | €26,817 | €4,460 | -€22,358 | -83.4% |
| Taxes | 450/3 | €26,817 | €4,460 | -€22,358 | -83.4% |
| Non-recurring operating income | 76A | - | €3,057 | +€3,057 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €755 | €648 | -€107 | -14.2% |
| Other operating charges | 640/8 | €2,599 | €2,090 | -€509 | -19.6% |
| Gross operating margin | 9900 | -€1,219 | €177 | +€1,395 | |
| Operating profit (loss) | 9901 | -€4,572 | -€2,562 | +€2,011 | +44.0% |
| Financial income | 75/76B | €1 | €1,178 | +€1,177 | +183981.3% |
| Recurring financial income | 75 | €1 | €1,178 | +€1,177 | +183981.3% |
| Financial charges | 65/66B | €308 | €673 | +€364 | +118.1% |
| Recurring financial charges | 65 | €308 | €673 | +€364 | +118.1% |
| Profit (loss) for the period before taxes | 9903 | -€4,880 | -€2,056 | +€2,824 | +57.9% |
| Income taxes | 67/77 | €10,133 | €2,121 | -€8,013 | -79.1% |
| Profit (loss) for the period | 9904 | -€15,013 | -€4,177 | +€10,836 | +72.2% |
| Transfer from tax-exempt reserves | 789 | - | €6,436 | +€6,436 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,013 | €2,259 | +€17,272 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.