GAMIX: 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.
GAMIX
Largest movements
- Cash -€540,295
no longer reported in 2025 (was €540,295)
mainly Trade debts (-€492,676) and Current investments (-€411,373)
- Current investments +€411,373
new in 2025: €411,373
- Receivables within one year -€182,387
down €182,387 (-34.1%), from €535,511 to €353,123
of which Other amounts receivable: -€113,386
- Trade debts -€492,676
down €492,676 (-43.5%), from €1.1m to €640,877
of which Bills of exchange payable: -€927,382
- Profit (loss) carried forward +€171,149
up €171,149, from -€170,236 to €913
- Reserves +€40,000
new in 2025: €40,000
- Tax, wage and social debts -€22,705
down €22,705 (-19.4%), from €116,999 to €94,293
of which Taxes: -€27,217
- Taxes -€215,898
down €215,898 (-72.6%), from €297,409 to €81,511
- Gross operating margin +€161,683
up €161,683 (+94.5%), from €171,025 to €332,707
- Financial charges -€9,790
down €9,790 (-75.7%), from €12,939 to €3,148
- Other operating charges +€9,483
up €9,483 (+168.1%), from €5,641 to €15,125
- Depreciation -€5,261
down €5,261 (-31.8%), from €16,551 to €11,290
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 | €1,097,932 | €791,694 | -€306,238 | -27.9% |
| Fixed assets | 21/28 | €22,126 | €27,198 | +€5,072 | +22.9% |
| Tangible fixed assets | 22/27 | €22,126 | €27,198 | +€5,072 | +22.9% |
| Plant, machinery and equipment | 23 | - | €5,267 | +€5,267 | |
| Furniture and vehicles | 24 | €22,126 | €21,931 | -€195 | -0.9% |
| Current assets | 29/58 | €1,075,806 | €764,496 | -€311,310 | -28.9% |
| Amounts receivable within one year | 40/41 | €535,511 | €353,123 | -€182,387 | -34.1% |
| Trade receivables | 40 | €205,182 | €136,181 | -€69,002 | -33.6% |
| Other amounts receivable | 41 | €330,329 | €216,943 | -€113,386 | -34.3% |
| Current investments | 50/53 | - | €411,373 | +€411,373 | |
| Cash at bank and in hand | 54/58 | €540,295 | - | -€540,295 | |
| Total equity and liabilities | 10/49 | €1,097,932 | €791,694 | -€306,238 | -27.9% |
| Equity | 10/15 | -€165,236 | €45,913 | +€211,149 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €40,000 | +€40,000 | |
| Distributable reserves | 133 | - | €40,000 | +€40,000 | |
| Profit (loss) carried forward | 14 | -€170,236 | €913 | +€171,149 | |
| Amounts payable | 17/49 | €1,263,168 | €745,782 | -€517,387 | -41.0% |
| Amounts payable after more than one year | 17 | €7,462 | €5,329 | -€2,133 | -28.6% |
| Financial debts | 170/4 | €7,462 | €5,329 | -€2,133 | -28.6% |
| Amounts payable within one year | 42/48 | €1,255,706 | €740,453 | -€515,253 | -41.0% |
| Current portion of amounts payable after more than one year | 42 | €4,136 | €3,775 | -€361 | -8.7% |
| Financial debts | 43 | €1,018 | €1,507 | +€489 | +48.0% |
| Credit institutions | 430/8 | €1,018 | €1,507 | +€489 | +48.0% |
| Trade debts | 44 | €1,133,554 | €640,877 | -€492,676 | -43.5% |
| Suppliers | 440/4 | €206,172 | €640,877 | +€434,706 | +210.8% |
| Bills of exchange payable | 441 | €927,382 | - | -€927,382 | |
| Taxes, remuneration and social security | 45 | €116,999 | €94,293 | -€22,705 | -19.4% |
| Taxes | 450/3 | €116,999 | €89,782 | -€27,217 | -23.3% |
| Remuneration and social security | 454/9 | - | €4,512 | +€4,512 | |
| Remuneration, social security and pensions | 62 | €23,341 | €24,408 | +€1,067 | +4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,551 | €11,290 | -€5,261 | -31.8% |
| Other operating charges | 640/8 | €5,641 | €15,125 | +€9,483 | +168.1% |
| Gross operating margin | 9900 | €171,025 | €332,707 | +€161,683 | +94.5% |
| Operating profit (loss) | 9901 | €125,491 | €281,884 | +€156,393 | +124.6% |
| Financial income | 75/76B | €10,054 | €13,925 | +€3,871 | +38.5% |
| Recurring financial income | 75 | €10,054 | €13,925 | +€3,871 | +38.5% |
| Financial charges | 65/66B | €12,939 | €3,148 | -€9,790 | -75.7% |
| Recurring financial charges | 65 | €12,939 | €3,148 | -€9,790 | -75.7% |
| Profit (loss) for the period before taxes | 9903 | €122,606 | €292,660 | +€170,054 | +138.7% |
| Income taxes | 67/77 | €297,409 | €81,511 | -€215,898 | -72.6% |
| Profit (loss) for the period | 9904 | -€174,803 | €211,149 | +€385,952 | |
| Profit (loss) for the period to be appropriated | 9905 | -€174,803 | €211,149 | +€385,952 |
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 6 October 2026 via checked.be.