GAMP: 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.
GAMP
Largest movements
- Receivables within one year -€17,463
down €17,463 (-41.1%), from €42,534 to €25,071
of which Other amounts receivable: -€14,066
- Cash -€8,112
down €8,112 (-59.1%), from €13,715 to €5,603
mainly Net result for the year (-€29,214) and Tax, wage and social debts (-€6,171)
- Tangible fixed assets +€3,574
up €3,574 (+30.3%), from €11,807 to €15,381
of which Other tangible fixed assets: +€4,213
- Financial fixed assets -€2,100
down €2,100 (-92.3%), from €2,275 to €175
- Profit (loss) carried forward -€29,214
down €29,214 (-87.1%), from €33,558 to €4,343
- Trade debts +€10,273
up €10,273 (+303.6%), from €3,384 to €13,657
- Tax, wage and social debts -€6,171
down €6,171 (-96.6%), from €6,389 to €218
of which Remuneration and social security: -€5,978
- Current portion of long-term debt +€1,011
new in 2025: €1,011
- Turnover -€160,536
down €160,536 (-85.6%), from €187,537 to €27,001
- Gross operating margin -€101,058
down €101,058, from €81,044 to -€20,015
- Purchases and services -€59,477
down €59,477 (-55.9%), from €106,493 to €47,015
- Staff costs -€55,256
down €55,256 (-92.6%), from €59,650 to €4,393
- Taxes -€2,829
down €2,829 (-50.3%), from €5,624 to €2,795
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 | €70,331 | €46,230 | -€24,101 | -34.3% |
| Fixed assets | 21/28 | €14,082 | €15,556 | +€1,474 | +10.5% |
| Tangible fixed assets | 22/27 | €11,807 | €15,381 | +€3,574 | +30.3% |
| Furniture and vehicles | 24 | €2,694 | €2,055 | -€639 | -23.7% |
| Other tangible fixed assets | 26 | €9,113 | €13,326 | +€4,213 | +46.2% |
| Financial fixed assets | 28 | €2,275 | €175 | -€2,100 | -92.3% |
| Current assets | 29/58 | €56,249 | €30,674 | -€25,575 | -45.5% |
| Amounts receivable within one year | 40/41 | €42,534 | €25,071 | -€17,463 | -41.1% |
| Trade receivables | 40 | €15,933 | €12,536 | -€3,398 | -21.3% |
| Other amounts receivable | 41 | €26,601 | €12,535 | -€14,066 | -52.9% |
| Cash at bank and in hand | 54/58 | €13,715 | €5,603 | -€8,112 | -59.1% |
| Total equity and liabilities | 10/49 | €70,331 | €46,230 | -€24,101 | -34.3% |
| Equity | 10/15 | €60,558 | €31,343 | -€29,214 | -48.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €24,000 | €24,000 | = | 0.0% |
| Distributable reserves | 133 | €24,000 | €24,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,558 | €4,343 | -€29,214 | -87.1% |
| Amounts payable | 17/49 | €9,773 | €14,887 | +€5,114 | +52.3% |
| Amounts payable within one year | 42/48 | €9,773 | €14,887 | +€5,114 | +52.3% |
| Current portion of amounts payable after more than one year | 42 | - | €1,011 | +€1,011 | |
| Trade debts | 44 | €3,384 | €13,657 | +€10,273 | +303.6% |
| Suppliers | 440/4 | €3,384 | €13,657 | +€10,273 | +303.6% |
| Taxes, remuneration and social security | 45 | €6,389 | €218 | -€6,171 | -96.6% |
| Taxes | 450/3 | €411 | €218 | -€193 | -46.9% |
| Remuneration and social security | 454/9 | €5,978 | - | -€5,978 | |
| Turnover | 70 | €187,537 | €27,001 | -€160,536 | -85.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €106,493 | €47,015 | -€59,477 | -55.9% |
| Remuneration, social security and pensions | 62 | €59,650 | €4,393 | -€55,256 | -92.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,022 | €1,876 | +€854 | +83.5% |
| Gross operating margin | 9900 | €81,044 | -€20,015 | -€101,058 | |
| Operating profit (loss) | 9901 | €20,372 | -€26,284 | -€46,656 | |
| Financial charges | 65/66B | €455 | €136 | -€319 | -70.1% |
| Recurring financial charges | 65 | €455 | €136 | -€319 | -70.1% |
| Profit (loss) for the period before taxes | 9903 | €19,917 | -€26,420 | -€46,337 | |
| Income taxes | 67/77 | €5,624 | €2,795 | -€2,829 | -50.3% |
| Profit (loss) for the period | 9904 | €14,293 | -€29,214 | -€43,508 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,293 | -€29,214 | -€43,508 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.