GAMMA-WOPLA: what changed
What changed
GAMMA-WOPLA
NACE 69.209, Other tax advisory services
filed annual accounts (NBB)
Net result for the year
€2.5m
2024 · €3.1m-€660,030
Equity
€22.4m
2024 · €20.8m+€1.7m
Cash
€4.9m
2024 · €3.7m+€1.3m
Balance sheet total
€37.1m
2024 · €34.6m+€2.5m
Largest movements
Assets
- Tangible fixed assets +€1.6m
up €1.6m (+12.7%), from €12.3m to €13.8m
of which Plant, machinery and equipment: +€1.8m
- Stocks and contracts -€1.3m
down €1.3m (-28.6%), from €4.5m to €3.2m
- Cash +€1.3m
up €1.3m (+34.8%), from €3.7m to €4.9m
mainly Depreciation (+€2.5m) and Net result for the year (+€2.5m)
- Receivables within one year +€988,933
up €988,933 (+11.4%), from €8.7m to €9.6m
of which Trade receivables: +€1.2m
Equity and liabilities
- Trade debts +€2.1m
up €2.1m (+38.7%), from €5.3m to €7.4m
- Reserves +€1.9m
up €1.9m (+11.4%), from €16.6m to €18.5m
of which Distributable reserves: +€1.5m
- Debts after one year -€958,166
down €958,166 (-18.1%), from €5.3m to €4.3m
Income statement
- Turnover +€3.6m
up €3.6m (+9.6%), from €37.4m to €41.0m
- Goods and materials +€2.4m
up €2.4m (+14.6%), from €16.5m to €18.9m
of which Purchases: +€2.1m
- Services and other goods +€1.5m
up €1.5m (+14.2%), from €10.8m to €12.3m
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€3.1m
Turnover
+€3.6m
Other operating income
-€224
Goods and materials
-€2.4m
Services and other goods
-€1.5m
Staff costs
-€285,094
Depreciation
-€93,390
Other operating charges
-€14,090
Other operating items
-€156,181
Financial income
+€2,281
Financial charges
+€30,344
Taxes
+€218,086
Result 2025
€2.5m
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€7.3m
Investment
-€4.1m
Financing
-€1.9m
Cash 2024
€3.7m
From operations (derived)
+€7.3m
Net result for the year
+€2.5m
Depreciation
+€2.5m
Stocks and contracts
+€1.3m
Receivables within one year
-€988,933
Trade debts
+€2.1m
Tax, wage and social debts
-€40,696
Advances received
+€221,377
Other debts
-€288,477
Investment (derived)
-€4.1m
Investment in fixed assets (net)
-€4.1m
Financing
-€1.9m
Debts after one year
-€958,166
Current portion of long-term debt
-€137,321
Contributions, distributions and other
-€804,463
Cash 2025
€4.9m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €34,619,364 | €37,147,958 | +€2.5m | +7.3% |
| Fixed assets | 21/28 | €17,799,537 | €19,353,609 | +€1.6m | +8.7% |
| Tangible fixed assets | 22/27 | €12,279,001 | €13,833,609 | +€1.6m | +12.7% |
| Land and buildings | 22 | €4,559,833 | €4,242,544 | -€317,289 | -7.0% |
| Plant, machinery and equipment | 23 | €5,218,128 | €7,059,732 | +€1.8m | +35.3% |
| Furniture and vehicles | 24 | €242,113 | €143,516 | -€98,597 | -40.7% |
| Leasing and similar rights | 25 | €1,346,055 | €826,410 | -€519,645 | -38.6% |
| Other tangible fixed assets | 26 | - | €917,530 | +€917,530 | |
| Assets under construction and advance payments | 27 | €912,873 | €643,877 | -€268,995 | -29.5% |
| Financial fixed assets | 28 | €5,520,535 | €5,520,000 | -€535 | 0.0% |
| Affiliated companies | 280/1 | €5,520,000 | €5,520,000 | = | 0.0% |
| Participating interests | 280 | €20,000 | €20,000 | = | 0.0% |
| Amounts receivable | 281 | €5,500,000 | €5,500,000 | = | 0.0% |
| Other financial fixed assets | 284/8 | €535 | - | -€535 | |
| Amounts receivable and cash guarantees | 285/8 | €535 | - | -€535 | |
| Current assets | 29/58 | €16,819,828 | €17,794,348 | +€974,521 | +5.8% |
| Stocks and contracts in progress | 3 | €4,500,930 | €3,212,111 | -€1.3m | -28.6% |
| Stocks | 30/36 | €4,500,930 | €3,212,111 | -€1.3m | -28.6% |
| Raw materials and consumables | 30/31 | €1,771,969 | €1,182,411 | -€589,557 | -33.3% |
| Work in progress | 32 | €244,396 | €400,528 | +€156,132 | +63.9% |
| Finished goods | 33 | €1,484,815 | €1,629,171 | +€144,356 | +9.7% |
| Advance payments | 36 | €999,750 | - | -€999,750 | |
| Amounts receivable within one year | 40/41 | €8,657,437 | €9,646,370 | +€988,933 | +11.4% |
| Trade receivables | 40 | €5,846,051 | €7,077,354 | +€1.2m | +21.1% |
| Other amounts receivable | 41 | €2,811,386 | €2,569,016 | -€242,370 | -8.6% |
| Cash at bank and in hand | 54/58 | €3,661,461 | €4,935,868 | +€1.3m | +34.8% |
| Total equity and liabilities | 10/49 | €34,619,364 | €37,147,958 | +€2.5m | +7.3% |
| Equity | 10/15 | €20,774,133 | €22,437,042 | +€1.7m | +8.0% |
| Contributions | 10/11 | €3,520,000 | €3,520,000 | = | 0.0% |
| Capital | 10 | €3,520,000 | €3,520,000 | = | 0.0% |
| Issued capital | 100 | €3,520,000 | €3,520,000 | = | 0.0% |
| Reserves | 13 | €16,594,110 | €18,478,014 | +€1.9m | +11.4% |
| Non-distributable reserves | 130/1 | €352,000 | €352,000 | = | 0.0% |
| Legal reserve | 130 | €352,000 | €352,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,420,750 | €2,841,750 | +€421,000 | +17.4% |
| Distributable reserves | 133 | €13,821,360 | €15,284,264 | +€1.5m | +10.6% |
| Investment grants | 15 | €660,023 | €439,028 | -€220,995 | -33.5% |
| Provisions and deferred taxes | 16 | €500,000 | €500,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €500,000 | €500,000 | = | 0.0% |
| Environmental obligations | 163 | €500,000 | €500,000 | = | 0.0% |
| Amounts payable | 17/49 | €13,345,231 | €14,210,915 | +€865,684 | +6.5% |
| Amounts payable after more than one year | 17 | €5,298,879 | €4,340,713 | -€958,166 | -18.1% |
| Financial debts | 170/4 | €5,298,879 | €4,340,713 | -€958,166 | -18.1% |
| Leasing and similar obligations | 172 | €751,328 | €289,782 | -€461,546 | -61.4% |
| Credit institutions | 173 | €3,587,551 | €3,090,931 | -€496,620 | -13.8% |
| Other loans | 174 | €960,000 | €960,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €8,046,352 | €9,870,203 | +€1.8m | +22.7% |
| Current portion of amounts payable after more than one year | 42 | €1,095,487 | €958,166 | -€137,321 | -12.5% |
| Trade debts | 44 | €5,346,441 | €7,415,408 | +€2.1m | +38.7% |
| Suppliers | 440/4 | €5,346,441 | €7,415,408 | +€2.1m | +38.7% |
| Advances received on contracts in progress | 46 | - | €221,377 | +€221,377 | |
| Taxes, remuneration and social security | 45 | €495,519 | €454,823 | -€40,696 | -8.2% |
| Taxes | 450/3 | €27,121 | €54,510 | +€27,389 | +101% |
| Remuneration and social security | 454/9 | €468,398 | €400,313 | -€68,084 | -14.5% |
| Other amounts payable | 47/48 | €1,108,905 | €820,428 | -€288,477 | -26.0% |
| Operating income | 70/76A | €38,129,580 | €41,553,089 | +€3.4m | +9.0% |
| Turnover | 70 | €37,412,601 | €40,992,515 | +€3.6m | +9.6% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €225,279 | €300,488 | +€75,209 | +33.4% |
| Other operating income | 74 | €260,309 | €260,086 | -€224 | -0.1% |
| Non-recurring operating income | 76A | €231,390 | - | -€231,390 | |
| Operating charges | 60/66A | €34,379,207 | €38,713,457 | +€4.3m | +12.6% |
| Goods for resale, raw materials and consumables | 60 | €16,485,083 | €18,897,126 | +€2.4m | +14.6% |
| Purchases | 600/8 | €16,254,797 | €18,307,569 | +€2.1m | +12.6% |
| Change in stocks: decrease (increase) | 609 | €230,287 | €589,557 | +€359,271 | +156% |
| Services and other goods | 61 | €10,777,239 | €12,306,872 | +€1.5m | +14.2% |
| Remuneration, social security and pensions | 62 | €4,541,722 | €4,826,817 | +€285,094 | +6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,438,580 | €2,531,969 | +€93,390 | +3.8% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €0 | = | |
| Other operating charges | 640/8 | €136,582 | €150,673 | +€14,090 | +10.3% |
| Operating profit (loss) | 9901 | €3,750,373 | €2,839,633 | -€910,740 | -24.3% |
| Financial income | 75/76B | €559,301 | €561,582 | +€2,281 | +0.4% |
| Recurring financial income | 75 | €559,301 | €561,582 | +€2,281 | +0.4% |
| Income from financial fixed assets | 750 | €298,456 | €307,500 | +€9,044 | +3.0% |
| Income from current assets | 751 | €15,916 | €24,858 | +€8,942 | +56.2% |
| Other financial income | 752/9 | €244,929 | €229,224 | -€15,706 | -6.4% |
| Financial charges | 65/66B | €181,607 | €151,263 | -€30,344 | -16.7% |
| Recurring financial charges | 65 | €181,607 | €151,263 | -€30,344 | -16.7% |
| Debt charges | 650 | €164,598 | €137,668 | -€26,930 | -16.4% |
| Other financial charges | 652/9 | €17,009 | €13,595 | -€3,414 | -20.1% |
| Profit (loss) for the period before taxes | 9903 | €4,128,067 | €3,249,951 | -€878,116 | -21.3% |
| Income taxes | 67/77 | €1,000,665 | €782,579 | -€218,086 | -21.8% |
| Taxes | 670/3 | €1,000,665 | €782,579 | -€218,086 | -21.8% |
| Profit (loss) for the period | 9904 | €3,127,402 | €2,467,372 | -€660,030 | -21.1% |
| Transfer from tax-exempt reserves | 789 | €736,750 | €421,000 | -€315,750 | -42.9% |
| Transfer to tax-exempt reserves | 689 | €842,000 | €842,000 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €3,022,152 | €2,046,372 | -€975,780 | -32.3% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.