GaMass: 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.
GaMass
Largest movements
- Cash +€46,596
up €46,596 (+142.0%), from €32,809 to €79,405
mainly Net result for the year (+€40,566) and Deferred charges and accrued income (+€7,477)
- Deferred charges and accrued income -€7,477
down €7,477 (-45.0%), from €16,603 to €9,126
- Tangible fixed assets -€2,000
down €2,000 (-34.7%), from €5,760 to €3,760
- Profit (loss) carried forward +€40,566
up €40,566 (+110.0%), from €36,891 to €77,457
- Accrued charges and deferred income -€3,116
down €3,116 (-99.4%), from €3,134 to €18
- Tax, wage and social debts -€1,110
down €1,110 (-9.0%), from €12,311 to €11,201
of which Remuneration and social security: -€2,539
- Gross operating margin +€3,991
up €3,991 (+7.9%), from €50,327 to €54,318
- Taxes +€1,445
up €1,445 (+14.8%), from €9,773 to €11,218
- Depreciation -€1,287
down €1,287 (-39.2%), from €3,287 to €2,000
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.
Cash bridge derived
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 | €55,836 | €92,291 | +€36,454 | +65.3% |
| Fixed assets | 21/28 | €5,760 | €3,760 | -€2,000 | -34.7% |
| Tangible fixed assets | 22/27 | €5,760 | €3,760 | -€2,000 | -34.7% |
| Furniture and vehicles | 24 | €5,760 | €3,760 | -€2,000 | -34.7% |
| Current assets | 29/58 | €50,077 | €88,531 | +€38,454 | +76.8% |
| Amounts receivable within one year | 40/41 | €664 | €0 | -€664 | -100.0% |
| Other amounts receivable | 41 | €664 | €0 | -€664 | -100.0% |
| Cash at bank and in hand | 54/58 | €32,809 | €79,405 | +€46,596 | +142.0% |
| Deferred charges and accrued income | 490/1 | €16,603 | €9,126 | -€7,477 | -45.0% |
| Total equity and liabilities | 10/49 | €55,836 | €92,291 | +€36,454 | +65.3% |
| Equity | 10/15 | €40,391 | €80,957 | +€40,566 | +100.4% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,891 | €77,457 | +€40,566 | +110.0% |
| Amounts payable | 17/49 | €15,445 | €11,333 | -€4,112 | -26.6% |
| Amounts payable within one year | 42/48 | €12,311 | €11,315 | -€996 | -8.1% |
| Trade debts | 44 | - | €114 | +€114 | |
| Suppliers | 440/4 | - | €114 | +€114 | |
| Taxes, remuneration and social security | 45 | €12,311 | €11,201 | -€1,110 | -9.0% |
| Taxes | 450/3 | €9,772 | €11,201 | +€1,429 | +14.6% |
| Remuneration and social security | 454/9 | €2,539 | €0 | -€2,539 | -100.0% |
| Accrued charges and deferred income | 492/3 | €3,134 | €18 | -€3,116 | -99.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,287 | €2,000 | -€1,287 | -39.2% |
| Other operating charges | 640/8 | €352 | €513 | +€162 | +46.1% |
| Gross operating margin | 9900 | €50,327 | €54,318 | +€3,991 | +7.9% |
| Operating profit (loss) | 9901 | €46,688 | €51,805 | +€5,117 | +11.0% |
| Financial income | 75/76B | €14 | €54 | +€40 | +283.6% |
| Recurring financial income | 75 | €14 | €54 | +€40 | +283.6% |
| Financial charges | 65/66B | €38 | €75 | +€37 | +96.1% |
| Recurring financial charges | 65 | €38 | €75 | +€37 | +96.1% |
| Profit (loss) for the period before taxes | 9903 | €46,664 | €51,784 | +€5,120 | +11.0% |
| Income taxes | 67/77 | €9,773 | €11,218 | +€1,445 | +14.8% |
| Profit (loss) for the period | 9904 | €36,891 | €40,566 | +€3,675 | +10.0% |
| Profit (loss) for the period to be appropriated | 9905 | €36,891 | €40,566 | +€3,675 | +10.0% |
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 12 October 2026 via checked.be.