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GAMENCE: 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.

What changed

GAMENCE

BE 0460.723.670
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€20,855
2024 · -€22,335+€1,479
Equity
€103,803
2024 · €124,659-€20,855
Cash
€927
2024 · €747+€181
Balance sheet total
€156,762
2024 · €176,131-€19,369

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€19,261

    down €19,261 (-11.0%), from €174,583 to €155,322

    of which Land and buildings: -€19,261

Equity and liabilities
  • Profit (loss) carried forward -€20,855

    down €20,855 (-20.0%), from €104,199 to €83,343

  • Other debts +€8,451

    up €8,451 (+196.3%), from €4,305 to €12,756

  • Debts after one year -€6,199

    down €6,199 (-16.1%), from €38,517 to €32,318

  • Tax, wage and social debts -€2,588

    down €2,588 (-100.0%), from €2,588 to €0

Income statement
  • Taxes -€2,588

    no longer reported in 2025 (was €2,588)

  • Gross operating margin +€2,335

    up €2,335, from -€467 to €1,869

  • Depreciation +€502

    up €502 (+2.7%), from €18,759 to €19,261

  • Other operating charges -€461

    down €461 (-16.3%), from €2,827 to €2,365

  • Financial charges -€58

    down €58 (-5.0%), from €1,155 to €1,098

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€22,335
Gross operating margin +€2,335
Depreciation -€502
Other operating charges +€461
Financial income -€5
Financial charges +€58
Taxes +€2,588
Deferred taxes and other -€3,455
Result 2025 -€20,855

Cash bridge derived

cash 2024 to 2025

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.

From operations +€6,243
Investment €0
Financing -€6,063
Cash 2024 €747
Net result for the year -€20,855
Depreciation +€19,261
Deferred charges and accrued income +€288
Trade debts +€1,686
Tax, wage and social debts -€2,588
Other debts +€8,451
Debts after one year -€6,199
Current portion of long-term debt +€136
Cash 2025 €927
Every line side by side 44 lines
Line Code 2024 2025 Change %
Total assets 20/58 €176,131 €156,762 -€19,369 -11.0%
Fixed assets 21/28 €174,883 €155,622 -€19,261 -11.0%
Tangible fixed assets 22/27 €174,583 €155,322 -€19,261 -11.0%
Land and buildings 22 €174,583 €155,322 -€19,261 -11.0%
Plant, machinery and equipment 23 €0 €0 =
Furniture and vehicles 24 €0 - =
Financial fixed assets 28 €300 €300 = 0.0%
Current assets 29/58 €1,248 €1,140 -€108 -8.6%
Amounts receivable within one year 40/41 €0 - =
Other amounts receivable 41 €0 - =
Cash at bank and in hand 54/58 €747 €927 +€181 +24.2%
Deferred charges and accrued income 490/1 €501 €212 -€288 -57.6%
Total equity and liabilities 10/49 €176,131 €156,762 -€19,369 -11.0%
Equity 10/15 €124,659 €103,803 -€20,855 -16.7%
Contributions 10/11 €20,460 €20,460 = 0.0%
Reserves 13 €0 - =
Tax-exempt reserves 132 €0 - =
Profit (loss) carried forward 14 €104,199 €83,343 -€20,855 -20.0%
Provisions and deferred taxes 16 €0 - =
Deferred taxes 168 €0 - =
Amounts payable 17/49 €51,472 €52,958 +€1,486 +2.9%
Amounts payable after more than one year 17 €38,517 €32,318 -€6,199 -16.1%
Financial debts 170/4 €38,517 €32,318 -€6,199 -16.1%
Amounts payable within one year 42/48 €12,955 €20,640 +€7,685 +59.3%
Current portion of amounts payable after more than one year 42 €6,063 €6,199 +€136 +2.2%
Trade debts 44 €0 €1,686 +€1,686
Suppliers 440/4 €0 €1,686 +€1,686
Taxes, remuneration and social security 45 €2,588 €0 -€2,588 -100.0%
Taxes 450/3 €2,588 €0 -€2,588 -100.0%
Other amounts payable 47/48 €4,305 €12,756 +€8,451 +196.3%
Non-recurring operating income 76A €500 - -€500
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €18,759 €19,261 +€502 +2.7%
Other operating charges 640/8 €2,827 €2,365 -€461 -16.3%
Gross operating margin 9900 -€467 €1,869 +€2,335
Operating profit (loss) 9901 -€22,053 -€19,758 +€2,295 +10.4%
Financial income 75/76B €5 - -€5
Recurring financial income 75 €5 - -€5
Financial charges 65/66B €1,155 €1,098 -€58 -5.0%
Recurring financial charges 65 €1,155 €1,098 -€58 -5.0%
Profit (loss) for the period before taxes 9903 -€23,202 -€20,855 +€2,347 +10.1%
Transfer from deferred taxes 780 €3,455 - -€3,455
Income taxes 67/77 €2,588 - -€2,588
Profit (loss) for the period 9904 -€22,335 -€20,855 +€1,479 +6.6%
Profit (loss) for the period to be appropriated 9905 -€22,335 -€20,855 +€1,479 +6.6%

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 28 September 2026 via checked.be.