GAMiF: 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.
GAMiF
Largest movements
- Cash -€10,678
down €10,678 (-11.9%), from €90,069 to €79,391
mainly Contributions, distributions and other (-€57,305) and Other debts (-€8,708)
- Tangible fixed assets -€8,902
down €8,902 (-71.4%), from €12,476 to €3,574
- Other debts -€8,708
down €8,708 (-12.6%), from €69,000 to €60,292
- Current portion of long-term debt -€7,507
down €7,507 (-74.9%), from €10,025 to €2,518
- Debts after one year -€2,518
no longer reported in 2025 (was €2,518)
- Trade debts +€1,687
new in 2025: €1,687
- Gross operating margin -€1,023
down €1,023 (-1.2%), from €88,249 to €87,226
- Taxes +€921
up €921 (+5.3%), from €17,468 to €18,389
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.
Derived cash bridge
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 | €106,729 | €88,564 | -€18,165 | -17.0% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €12,526 | €3,624 | -€8,902 | -71.1% |
| Tangible fixed assets | 22/27 | €12,476 | €3,574 | -€8,902 | -71.4% |
| Furniture and vehicles | 24 | €12,476 | €3,574 | -€8,902 | -71.4% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €94,204 | €84,941 | -€9,263 | -9.8% |
| Amounts receivable within one year | 40/41 | €4,135 | €4,611 | +€476 | +11.5% |
| Other amounts receivable | 41 | €4,135 | €4,611 | +€476 | +11.5% |
| Cash at bank and in hand | 54/58 | €90,069 | €79,391 | -€10,678 | -11.9% |
| Deferred charges and accrued income | 490/1 | - | €939 | +€939 | |
| Total equity and liabilities | 10/49 | €106,729 | €88,564 | -€18,165 | -17.0% |
| Equity | 10/15 | €19,156 | €18,600 | -€556 | -2.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €556 | - | -€556 | |
| Amounts payable | 17/49 | €87,573 | €69,964 | -€17,608 | -20.1% |
| Amounts payable after more than one year | 17 | €2,518 | - | -€2,518 | |
| Financial debts | 170/4 | €2,518 | - | -€2,518 | |
| Amounts payable within one year | 42/48 | €85,055 | €69,964 | -€15,091 | -17.7% |
| Current portion of amounts payable after more than one year | 42 | €10,025 | €2,518 | -€7,507 | -74.9% |
| Trade debts | 44 | - | €1,687 | +€1,687 | |
| Suppliers | 440/4 | - | €1,687 | +€1,687 | |
| Taxes, remuneration and social security | 45 | €6,030 | €5,468 | -€562 | -9.3% |
| Taxes | 450/3 | €6,030 | €5,468 | -€562 | -9.3% |
| Other amounts payable | 47/48 | €69,000 | €60,292 | -€8,708 | -12.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,266 | €10,429 | +€163 | +1.6% |
| Other operating charges | 640/8 | €1,071 | €1,363 | +€292 | +27.3% |
| Gross operating margin | 9900 | €88,249 | €87,226 | -€1,023 | -1.2% |
| Operating profit (loss) | 9901 | €76,912 | €75,434 | -€1,478 | -1.9% |
| Financial charges | 65/66B | €322 | €296 | -€26 | -8.1% |
| Recurring financial charges | 65 | €322 | €296 | -€26 | -8.1% |
| Profit (loss) for the period before taxes | 9903 | €76,590 | €75,138 | -€1,452 | -1.9% |
| Income taxes | 67/77 | €17,468 | €18,389 | +€921 | +5.3% |
| Profit (loss) for the period | 9904 | €59,122 | €56,749 | -€2,373 | -4.0% |
| Profit (loss) for the period to be appropriated | 9905 | €59,122 | €56,749 | -€2,373 | -4.0% |
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 14 October 2026 via checked.be.