GAMMA CAPITAL: 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.
GAMMA CAPITAL
Largest movements
- Tangible fixed assets +€7,739
up €7,739 (+28.6%), from €27,081 to €34,820
of which Furniture and vehicles: +€10,593
- Receivables within one year -€6,278
down €6,278 (-40.2%), from €15,610 to €9,331
of which Other amounts receivable: -€6,748
- Cash +€5,312
up €5,312 (+267%), from €1,989 to €7,301
mainly Depreciation (+€8,486) and Current portion of long-term debt (+€8,456)
- Deferred charges and accrued income +€924
up €924 (+334%), from €276 to €1,201
- Current portion of long-term debt +€8,456
up €8,456 (+538%), from €1,572 to €10,027
- Tax, wage and social debts -€6,954
down €6,954 (-90.0%), from €7,729 to €775
- Reserves +€4,419
up €4,419 (+47.1%), from €9,380 to €13,799
- Trade debts +€3,236
up €3,236 (+112%), from €2,882 to €6,118
- Other debts -€2,429
down €2,429 (-11.9%), from €20,460 to €18,031
- Gross operating margin -€5,578
down €5,578 (-22.4%), from €24,951 to €19,373
- Taxes -€2,899
down €2,899 (-39.9%), from €7,257 to €4,358
- Depreciation +€2,000
up €2,000 (+30.8%), from €6,486 to €8,486
- Financial charges +€645
up €645 (+59.1%), from €1,090 to €1,735
- Financial income -€476
down €476 (-97.1%), from €490 to €14
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 | €44,956 | €52,653 | +€7,697 | +17.1% |
| Fixed assets | 21/28 | €27,081 | €34,820 | +€7,739 | +28.6% |
| Tangible fixed assets | 22/27 | €27,081 | €34,820 | +€7,739 | +28.6% |
| Furniture and vehicles | 24 | €5,071 | €15,664 | +€10,593 | +209% |
| Other tangible fixed assets | 26 | €22,009 | €19,156 | -€2,853 | -13.0% |
| Current assets | 29/58 | €17,876 | €17,833 | -€42 | -0.2% |
| Amounts receivable within one year | 40/41 | €15,610 | €9,331 | -€6,278 | -40.2% |
| Trade receivables | 40 | €5,018 | €5,487 | +€470 | +9.4% |
| Other amounts receivable | 41 | €10,592 | €3,844 | -€6,748 | -63.7% |
| Cash at bank and in hand | 54/58 | €1,989 | €7,301 | +€5,312 | +267% |
| Deferred charges and accrued income | 490/1 | €276 | €1,201 | +€924 | +334% |
| Total equity and liabilities | 10/49 | €44,956 | €52,653 | +€7,697 | +17.1% |
| Equity | 10/15 | €9,385 | €13,805 | +€4,420 | +47.1% |
| Reserves | 13 | €9,380 | €13,799 | +€4,419 | +47.1% |
| Distributable reserves | 133 | €9,380 | €13,799 | +€4,419 | +47.1% |
| Profit (loss) carried forward | 14 | €5 | €6 | +€1 | +22.9% |
| Amounts payable | 17/49 | €35,572 | €38,849 | +€3,277 | +9.2% |
| Amounts payable within one year | 42/48 | €35,159 | €38,655 | +€3,497 | +9.9% |
| Current portion of amounts payable after more than one year | 42 | €1,572 | €10,027 | +€8,456 | +538% |
| Financial debts | 43 | €2,516 | €3,704 | +€1,189 | +47.3% |
| Credit institutions | 430/8 | €2,516 | €3,704 | +€1,189 | +47.3% |
| Trade debts | 44 | €2,882 | €6,118 | +€3,236 | +112% |
| Suppliers | 440/4 | €2,882 | €6,118 | +€3,236 | +112% |
| Taxes, remuneration and social security | 45 | €7,729 | €775 | -€6,954 | -90.0% |
| Taxes | 450/3 | €7,729 | €775 | -€6,954 | -90.0% |
| Other amounts payable | 47/48 | €20,460 | €18,031 | -€2,429 | -11.9% |
| Accrued charges and deferred income | 492/3 | €413 | €194 | -€219 | -53.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,486 | €8,486 | +€2,000 | +30.8% |
| Other operating charges | 640/8 | €386 | €387 | +€1 | +0.4% |
| Gross operating margin | 9900 | €24,951 | €19,373 | -€5,578 | -22.4% |
| Operating profit (loss) | 9901 | €18,079 | €10,499 | -€7,580 | -41.9% |
| Financial income | 75/76B | €490 | €14 | -€476 | -97.1% |
| Recurring financial income | 75 | €490 | €14 | -€476 | -97.1% |
| Financial charges | 65/66B | €1,090 | €1,735 | +€645 | +59.1% |
| Recurring financial charges | 65 | €1,090 | €1,735 | +€645 | +59.1% |
| Profit (loss) for the period before taxes | 9903 | €17,479 | €8,778 | -€8,701 | -49.8% |
| Income taxes | 67/77 | €7,257 | €4,358 | -€2,899 | -39.9% |
| Profit (loss) for the period | 9904 | €10,223 | €4,420 | -€5,803 | -56.8% |
| Profit (loss) for the period to be appropriated | 9905 | €10,223 | €4,420 | -€5,803 | -56.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.