GAME: 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.
GAME
Largest movements
- Current investments +€302,122
new in 2025: €302,122
- Tangible fixed assets +€133,531
up €133,531 (+972.6%), from €13,730 to €147,261
of which Furniture and vehicles: +€76,394
- Receivables within one year -€113,922
down €113,922 (-40.7%), from €280,206 to €166,284
of which Trade receivables: -€142,256
- Cash -€110,556
down €110,556 (-42.7%), from €258,949 to €148,393
mainly Current investments (-€302,122) and Investment in fixed assets (net) (-€163,089)
- Stocks and contracts -€17,392
down €17,392 (-28.7%), from €60,669 to €43,277
- Profit (loss) carried forward +€185,688
up €185,688 (+63.8%), from €291,077 to €476,765
- Trade debts +€87,211
up €87,211 (+90.9%), from €95,941 to €183,152
- Tax, wage and social debts -€55,911
down €55,911 (-79.9%), from €69,974 to €14,063
of which Taxes: -€52,078
- Other debts -€23,205
down €23,205 (-53.2%), from €43,602 to €20,397
- Gross operating margin -€109,543
down €109,543 (-20.7%), from €528,253 to €418,710
- Staff costs -€44,154
down €44,154 (-24.4%), from €181,065 to €136,910
- Taxes -€30,816
down €30,816 (-37.2%), from €82,808 to €51,992
- Depreciation +€20,093
up €20,093 (+212.3%), from €9,465 to €29,558
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 | €618,554 | €812,336 | +€193,783 | +31.3% |
| Fixed assets | 21/28 | €18,730 | €152,261 | +€133,531 | +712.9% |
| Tangible fixed assets | 22/27 | €13,730 | €147,261 | +€133,531 | +972.6% |
| Plant, machinery and equipment | 23 | €13,730 | €70,867 | +€57,137 | +416.2% |
| Furniture and vehicles | 24 | - | €76,394 | +€76,394 | |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €599,824 | €660,075 | +€60,251 | +10.0% |
| Stocks and contracts in progress | 3 | €60,669 | €43,277 | -€17,392 | -28.7% |
| Stocks | 30/36 | €60,669 | €43,277 | -€17,392 | -28.7% |
| Amounts receivable within one year | 40/41 | €280,206 | €166,284 | -€113,922 | -40.7% |
| Trade receivables | 40 | €280,206 | €137,950 | -€142,256 | -50.8% |
| Other amounts receivable | 41 | - | €28,334 | +€28,334 | |
| Current investments | 50/53 | - | €302,122 | +€302,122 | |
| Cash at bank and in hand | 54/58 | €258,949 | €148,393 | -€110,556 | -42.7% |
| Total equity and liabilities | 10/49 | €618,554 | €812,336 | +€193,783 | +31.3% |
| Equity | 10/15 | €409,037 | €594,725 | +€185,688 | +45.4% |
| Contributions | 10/11 | €62,849 | €62,849 | = | 0.0% |
| Reserves | 13 | €55,110 | €55,110 | = | 0.0% |
| Distributable reserves | 133 | €55,110 | €55,110 | = | 0.0% |
| Profit (loss) carried forward | 14 | €291,077 | €476,765 | +€185,688 | +63.8% |
| Amounts payable | 17/49 | €209,517 | €217,611 | +€8,094 | +3.9% |
| Amounts payable within one year | 42/48 | €209,517 | €217,611 | +€8,094 | +3.9% |
| Trade debts | 44 | €95,941 | €183,152 | +€87,211 | +90.9% |
| Suppliers | 440/4 | €95,941 | €183,152 | +€87,211 | +90.9% |
| Taxes, remuneration and social security | 45 | €69,974 | €14,063 | -€55,911 | -79.9% |
| Taxes | 450/3 | €52,078 | - | -€52,078 | |
| Remuneration and social security | 454/9 | €17,895 | €14,063 | -€3,833 | -21.4% |
| Other amounts payable | 47/48 | €43,602 | €20,397 | -€23,205 | -53.2% |
| Remuneration, social security and pensions | 62 | €181,065 | €136,910 | -€44,154 | -24.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,465 | €29,558 | +€20,093 | +212.3% |
| Other operating charges | 640/8 | €16,063 | €16,764 | +€701 | +4.4% |
| Gross operating margin | 9900 | €528,253 | €418,710 | -€109,543 | -20.7% |
| Operating profit (loss) | 9901 | €321,661 | €235,478 | -€86,183 | -26.8% |
| Financial income | 75/76B | €11,606 | €8,433 | -€3,173 | -27.3% |
| Recurring financial income | 75 | €11,606 | €8,433 | -€3,173 | -27.3% |
| Financial charges | 65/66B | €577 | €2,831 | +€2,254 | +390.7% |
| Recurring financial charges | 65 | €577 | €2,831 | +€2,254 | +390.7% |
| Profit (loss) for the period before taxes | 9903 | €332,690 | €241,080 | -€91,611 | -27.5% |
| Income taxes | 67/77 | €82,808 | €51,992 | -€30,816 | -37.2% |
| Profit (loss) for the period | 9904 | €249,883 | €189,088 | -€60,794 | -24.3% |
| Profit (loss) for the period to be appropriated | 9905 | €249,883 | €189,088 | -€60,794 | -24.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.