GAMCO DIGITAL: 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.
GAMCO DIGITAL
Largest movements
- Current investments +€2.0m
new in 2025: €2.0m
- Cash +€808,067
up €808,067 (+117.8%), from €686,000 to €1.5m
mainly Net result for the year (+€2.6m) and Other debts (+€789,895)
- Reserves +€2.6m
up €2.6m (+500.7%), from €525,124 to €3.2m
of which Distributable reserves: +€2.3m
- Other debts +€789,895
up €789,895 (+59.8%), from €1.3m to €2.1m
- Debts after one year -€600,000
down €600,000 (-44.4%), from €1.4m to €750,000
- Financial income +€1.8m
new in 2025: €1.8m
- Gross operating margin +€304,884
up €304,884 (+37.8%), from €805,568 to €1.1m
- Taxes +€71,608
up €71,608 (+40.9%), from €175,141 to €246,749
- Financial charges -€38,206
down €38,206 (-36.5%), from €104,566 to €66,360
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 | €3,381,000 | €6,186,624 | +€2.8m | +83.0% |
| Fixed assets | 21/28 | €2,500,000 | €2,500,000 | = | 0.0% |
| Financial fixed assets | 28 | €2,500,000 | €2,500,000 | = | 0.0% |
| Current assets | 29/58 | €881,000 | €3,686,624 | +€2.8m | +318.5% |
| Amounts receivable within one year | 40/41 | €195,000 | €190,000 | -€5,000 | -2.6% |
| Other amounts receivable | 41 | €195,000 | €190,000 | -€5,000 | -2.6% |
| Current investments | 50/53 | - | €2,000,000 | +€2.0m | |
| Cash at bank and in hand | 54/58 | €686,000 | €1,494,067 | +€808,067 | +117.8% |
| Deferred charges and accrued income | 490/1 | - | €2,556 | +€2,556 | |
| Total equity and liabilities | 10/49 | €3,381,000 | €6,186,624 | +€2.8m | +83.0% |
| Equity | 10/15 | €535,124 | €3,164,475 | +€2.6m | +491.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €525,124 | €3,154,475 | +€2.6m | +500.7% |
| Tax-exempt reserves | 132 | - | €378,900 | +€378,900 | |
| Distributable reserves | 133 | €525,124 | €2,775,575 | +€2.3m | +428.6% |
| Amounts payable | 17/49 | €2,845,876 | €3,022,149 | +€176,273 | +6.2% |
| Amounts payable after more than one year | 17 | €1,350,000 | €750,000 | -€600,000 | -44.4% |
| Other amounts payable | 178/9 | €1,350,000 | €750,000 | -€600,000 | -44.4% |
| Amounts payable within one year | 42/48 | €1,495,876 | €2,272,149 | +€776,273 | +51.9% |
| Trade debts | 44 | €629 | €400 | -€229 | -36.5% |
| Suppliers | 440/4 | €629 | €400 | -€229 | -36.5% |
| Taxes, remuneration and social security | 45 | €175,141 | €161,749 | -€13,392 | -7.6% |
| Taxes | 450/3 | €175,141 | €161,749 | -€13,392 | -7.6% |
| Other amounts payable | 47/48 | €1,320,106 | €2,110,000 | +€789,895 | +59.8% |
| Other operating charges | 640/8 | €737 | €549 | -€188 | -25.5% |
| Gross operating margin | 9900 | €805,568 | €1,110,453 | +€304,884 | +37.8% |
| Operating profit (loss) | 9901 | €804,831 | €1,109,903 | +€305,072 | +37.9% |
| Financial income | 75/76B | - | €1,832,556 | +€1.8m | |
| Recurring financial income | 75 | - | €1,832,556 | +€1.8m | |
| Financial charges | 65/66B | €104,566 | €66,360 | -€38,206 | -36.5% |
| Recurring financial charges | 65 | €104,566 | €66,360 | -€38,206 | -36.5% |
| Profit (loss) for the period before taxes | 9903 | €700,265 | €2,876,100 | +€2.2m | +310.7% |
| Income taxes | 67/77 | €175,141 | €246,749 | +€71,608 | +40.9% |
| Profit (loss) for the period | 9904 | €525,124 | €2,629,351 | +€2.1m | +400.7% |
| Transfer to tax-exempt reserves | 689 | - | €378,900 | +€378,900 | |
| Profit (loss) for the period to be appropriated | 9905 | €525,124 | €2,250,451 | +€1.7m | +328.6% |
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 8 October 2026 via checked.be.