Gamma Publicity: 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 Publicity
Largest movements
- Tangible fixed assets -€14,157
down €14,157 (-28.3%), from €49,950 to €35,794
of which Land and buildings: -€7,163
- Stocks and contracts -€4,232
down €4,232 (-16.7%), from €25,268 to €21,036
- Other debts -€16,578
down €16,578 (-82.9%), from €20,000 to €3,422
- Profit (loss) carried forward +€16,041
up €16,041 (+7.1%), from €226,862 to €242,903
- Trade debts -€7,160
down €7,160 (-17.2%), from €41,540 to €34,380
- Tax, wage and social debts -€4,729
down €4,729 (-15.7%), from €30,113 to €25,383
of which Taxes: -€4,944
- Gross operating margin -€5,201
down €5,201 (-5.5%), from €94,768 to €89,567
- Taxes -€3,370
down €3,370 (-39.1%), from €8,627 to €5,256
- Staff costs +€1,410
up €1,410 (+2.9%), from €48,440 to €49,849
- Depreciation +€1,057
up €1,057 (+6.8%), from €15,496 to €16,553
- Financial charges +€1,001
up €1,001 (+244%), from €409 to €1,410
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 | €376,734 | €364,148 | -€12,586 | -3.3% |
| Fixed assets | 21/28 | €49,950 | €35,794 | -€14,157 | -28.3% |
| Tangible fixed assets | 22/27 | €49,950 | €35,794 | -€14,157 | -28.3% |
| Land and buildings | 22 | €27,510 | €20,347 | -€7,163 | -26.0% |
| Plant, machinery and equipment | 23 | €21,937 | €15,446 | -€6,491 | -29.6% |
| Furniture and vehicles | 24 | €503 | €0 | -€503 | -100% |
| Current assets | 29/58 | €326,783 | €328,354 | +€1,571 | +0.5% |
| Stocks and contracts in progress | 3 | €25,268 | €21,036 | -€4,232 | -16.7% |
| Stocks | 30/36 | €25,268 | €21,036 | -€4,232 | -16.7% |
| Amounts receivable within one year | 40/41 | €189,214 | €192,419 | +€3,204 | +1.7% |
| Trade receivables | 40 | €171,700 | €186,302 | +€14,602 | +8.5% |
| Other amounts receivable | 41 | €17,514 | €6,117 | -€11,397 | -65.1% |
| Cash at bank and in hand | 54/58 | €112,301 | €114,900 | +€2,599 | +2.3% |
| Total equity and liabilities | 10/49 | €376,734 | €364,148 | -€12,586 | -3.3% |
| Equity | 10/15 | €280,381 | €296,422 | +€16,041 | +5.7% |
| Contributions | 10/11 | €43,381 | €43,381 | = | 0.0% |
| Reserves | 13 | €10,138 | €10,138 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,338 | €4,338 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,338 | €4,338 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,800 | €5,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | €226,862 | €242,903 | +€16,041 | +7.1% |
| Amounts payable | 17/49 | €96,352 | €67,726 | -€28,626 | -29.7% |
| Amounts payable within one year | 42/48 | €91,653 | €63,185 | -€28,467 | -31.1% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €41,540 | €34,380 | -€7,160 | -17.2% |
| Suppliers | 440/4 | €41,540 | €34,380 | -€7,160 | -17.2% |
| Taxes, remuneration and social security | 45 | €30,113 | €25,383 | -€4,729 | -15.7% |
| Taxes | 450/3 | €24,024 | €19,080 | -€4,944 | -20.6% |
| Remuneration and social security | 454/9 | €6,089 | €6,303 | +€215 | +3.5% |
| Other amounts payable | 47/48 | €20,000 | €3,422 | -€16,578 | -82.9% |
| Accrued charges and deferred income | 492/3 | €4,700 | €4,540 | -€159 | -3.4% |
| Remuneration, social security and pensions | 62 | €48,440 | €49,849 | +€1,410 | +2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,496 | €16,553 | +€1,057 | +6.8% |
| Other operating charges | 640/8 | €651 | €472 | -€179 | -27.6% |
| Gross operating margin | 9900 | €94,768 | €89,567 | -€5,201 | -5.5% |
| Operating profit (loss) | 9901 | €30,181 | €22,693 | -€7,488 | -24.8% |
| Financial income | 75/76B | €559 | €14 | -€545 | -97.4% |
| Recurring financial income | 75 | €559 | €14 | -€545 | -97.4% |
| Financial charges | 65/66B | €409 | €1,410 | +€1,001 | +244% |
| Recurring financial charges | 65 | €409 | €1,410 | +€1,001 | +244% |
| Profit (loss) for the period before taxes | 9903 | €30,330 | €21,297 | -€9,033 | -29.8% |
| Income taxes | 67/77 | €8,627 | €5,256 | -€3,370 | -39.1% |
| Profit (loss) for the period | 9904 | €21,704 | €16,041 | -€5,663 | -26.1% |
| Profit (loss) for the period to be appropriated | 9905 | €21,704 | €16,041 | -€5,663 | -26.1% |
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 23 October 2026 via checked.be.