Gambit: 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.
Gambit
Largest movements
- Receivables within one year +€73,606
up €73,606 (+423.2%), from €17,393 to €90,999
of which Other amounts receivable: +€56,906
- Current investments +€50,371
up €50,371 (+67.1%), from €75,044 to €125,415
- Cash +€4,355
up €4,355 (+22.3%), from €19,535 to €23,890
mainly Net result for the year (+€102,182) and Tax, wage and social debts (+€29,053)
- Reserves +€102,182
up €102,182 (+125.3%), from €81,550 to €183,731
- Tax, wage and social debts +€29,053
up €29,053 (+99.6%), from €29,178 to €58,231
- Gross operating margin +€25,442
up €25,442 (+24.6%), from €103,311 to €128,753
- Taxes +€6,983
up €6,983 (+33.5%), from €20,864 to €27,847
- Financial income +€2,422
up €2,422 (+3875.9%), from €63 to €2,485
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 | €114,296 | €243,387 | +€129,091 | +112.9% |
| Fixed assets | 21/28 | €2,324 | €1,215 | -€1,109 | -47.7% |
| Tangible fixed assets | 22/27 | €2,324 | €1,215 | -€1,109 | -47.7% |
| Furniture and vehicles | 24 | €2,324 | €1,215 | -€1,109 | -47.7% |
| Current assets | 29/58 | €111,972 | €242,172 | +€130,200 | +116.3% |
| Amounts receivable within one year | 40/41 | €17,393 | €90,999 | +€73,606 | +423.2% |
| Trade receivables | 40 | €12,250 | €28,950 | +€16,700 | +136.3% |
| Other amounts receivable | 41 | €5,143 | €62,049 | +€56,906 | +1106.6% |
| Current investments | 50/53 | €75,044 | €125,415 | +€50,371 | +67.1% |
| Cash at bank and in hand | 54/58 | €19,535 | €23,890 | +€4,355 | +22.3% |
| Deferred charges and accrued income | 490/1 | - | €1,868 | +€1,868 | |
| Total equity and liabilities | 10/49 | €114,296 | €243,387 | +€129,091 | +112.9% |
| Equity | 10/15 | €82,550 | €184,731 | +€102,182 | +123.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €81,550 | €183,731 | +€102,182 | +125.3% |
| Distributable reserves | 133 | €81,550 | €183,731 | +€102,182 | +125.3% |
| Amounts payable | 17/49 | €31,747 | €58,656 | +€26,909 | +84.8% |
| Amounts payable within one year | 42/48 | €31,747 | €58,656 | +€26,909 | +84.8% |
| Trade debts | 44 | €2,569 | €425 | -€2,144 | -83.5% |
| Suppliers | 440/4 | €2,569 | €425 | -€2,144 | -83.5% |
| Taxes, remuneration and social security | 45 | €29,178 | €58,231 | +€29,053 | +99.6% |
| Taxes | 450/3 | €29,178 | €58,231 | +€29,053 | +99.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €509 | €1,109 | +€601 | +118.0% |
| Other operating charges | 640/8 | €387 | - | -€387 | |
| Gross operating margin | 9900 | €103,311 | €128,753 | +€25,442 | +24.6% |
| Operating profit (loss) | 9901 | €102,415 | €127,644 | +€25,229 | +24.6% |
| Financial income | 75/76B | €63 | €2,485 | +€2,422 | +3875.9% |
| Recurring financial income | 75 | €63 | €2,485 | +€2,422 | +3875.9% |
| Financial charges | 65/66B | €64 | €100 | +€36 | +56.1% |
| Recurring financial charges | 65 | €64 | €100 | +€36 | +56.1% |
| Profit (loss) for the period before taxes | 9903 | €102,414 | €130,029 | +€27,615 | +27.0% |
| Income taxes | 67/77 | €20,864 | €27,847 | +€6,983 | +33.5% |
| Profit (loss) for the period | 9904 | €81,550 | €102,182 | +€20,632 | +25.3% |
| Profit (loss) for the period to be appropriated | 9905 | €81,550 | €102,182 | +€20,632 | +25.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.