GAMMATEX: 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.
GAMMATEX
Largest movements
- Cash -€49,092
down €49,092 (-94.4%), from €51,991 to €2,899
mainly Other debts (-€18,268) and Net result for the year (-€15,291)
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€35,523
down €35,523, from €23,964 to -€11,560
- Depreciation -€3,111
down €3,111 (-100%), from €3,111 to €0
- Financial charges -€541
down €541 (-17.0%), from €3,178 to €2,637
- Other operating charges -€392
down €392 (-26.4%), from €1,486 to €1,094
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 | €3,069,152 | €3,033,621 | -€35,531 | -1.2% |
| Fixed assets | 21/28 | €2,980,940 | €2,980,940 | = | 0.0% |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €2,980,940 | €2,980,940 | = | 0.0% |
| Current assets | 29/58 | €88,212 | €52,681 | -€35,531 | -40.3% |
| Amounts receivable within one year | 40/41 | €36,222 | €49,045 | +€12,823 | +35.4% |
| Trade receivables | 40 | €36,133 | €36,000 | -€133 | -0.4% |
| Other amounts receivable | 41 | €89 | €13,045 | +€12,956 | +14,636% |
| Cash at bank and in hand | 54/58 | €51,991 | €2,899 | -€49,092 | -94.4% |
| Deferred charges and accrued income | 490/1 | - | €737 | +€737 | |
| Total equity and liabilities | 10/49 | €3,069,152 | €3,033,621 | -€35,531 | -1.2% |
| Equity | 10/15 | €3,008,514 | €2,993,224 | -€15,291 | -0.5% |
| Contributions | 10/11 | €2,627,680 | €2,627,680 | = | 0.0% |
| Reserves | 13 | €428,243 | €428,243 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €428,243 | €428,243 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€47,409 | -€62,699 | -€15,291 | -32.3% |
| Amounts payable | 17/49 | €60,638 | €40,397 | -€20,241 | -33.4% |
| Amounts payable within one year | 42/48 | €59,438 | €39,218 | -€20,221 | -34.0% |
| Trade debts | 44 | €10,500 | €8,571 | -€1,930 | -18.4% |
| Suppliers | 440/4 | €10,500 | €8,571 | -€1,930 | -18.4% |
| Taxes, remuneration and social security | 45 | €539 | €516 | -€23 | -4.3% |
| Taxes | 450/3 | €539 | €516 | -€23 | -4.3% |
| Other amounts payable | 47/48 | €48,399 | €30,131 | -€18,268 | -37.7% |
| Accrued charges and deferred income | 492/3 | €1,200 | €1,180 | -€20 | -1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,111 | €0 | -€3,111 | -100% |
| Other operating charges | 640/8 | €1,486 | €1,094 | -€392 | -26.4% |
| Gross operating margin | 9900 | €23,964 | -€11,560 | -€35,523 | |
| Operating profit (loss) | 9901 | €19,366 | -€12,653 | -€32,020 | |
| Financial income | 75/76B | €1 | €0 | -€1 | -100% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100% |
| Financial charges | 65/66B | €3,178 | €2,637 | -€541 | -17.0% |
| Recurring financial charges | 65 | €3,178 | €2,637 | -€541 | -17.0% |
| Profit (loss) for the period before taxes | 9903 | €16,189 | -€15,291 | -€31,479 | |
| Profit (loss) for the period | 9904 | €16,189 | -€15,291 | -€31,479 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,189 | -€15,291 | -€31,479 |
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 31 October 2026 via checked.be.