GAMZE CAN: 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.
GAMZE CAN
Largest movements
- Receivables within one year -€135,628
down €135,628 (-54.0%), from €250,976 to €115,348
of which Trade receivables: -€99,366
- Cash +€15,581
up €15,581 (+274%), from €5,677 to €21,259
mainly Receivables within one year (+€135,628) and Depreciation (+€10,721)
- Tangible fixed assets -€7,226
down €7,226 (-48.9%), from €14,791 to €7,566
of which Furniture and vehicles: -€7,144
- Trade debts -€101,844
down €101,844 (-89.8%), from €113,431 to €11,587
- Tax, wage and social debts -€16,685
down €16,685 (-34.1%), from €48,898 to €32,213
of which Taxes: -€15,517
- Profit (loss) carried forward -€11,210
down €11,210 (-5.7%), from €197,846 to €186,636
- Reserves +€5,335
up €5,335 (+267%), from €2,000 to €7,335
of which Distributable reserves: +€5,335
- Current portion of long-term debt -€3,880
no longer reported in 2025 (was €3,880)
- Gross operating margin -€30,540
down €30,540 (-48.0%), from €63,609 to €33,069
- Staff costs -€8,430
down €8,430 (-41.8%), from €20,164 to €11,733
- Other operating charges -€7,260
down €7,260 (-68.9%), from €10,530 to €3,271
- Taxes -€7,208
down €7,208 (-64.2%), from €11,226 to €4,018
- Financial charges -€2,956
down €2,956 (-55.9%), from €5,285 to €2,329
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 | €378,976 | €250,692 | -€128,284 | -33.9% |
| Fixed assets | 21/28 | €15,367 | €8,142 | -€7,226 | -47.0% |
| Tangible fixed assets | 22/27 | €14,791 | €7,566 | -€7,226 | -48.9% |
| Furniture and vehicles | 24 | €14,710 | €7,566 | -€7,144 | -48.6% |
| Other tangible fixed assets | 26 | €81 | - | -€81 | |
| Financial fixed assets | 28 | €576 | €576 | = | 0.0% |
| Current assets | 29/58 | €363,608 | €242,550 | -€121,058 | -33.3% |
| Stocks and contracts in progress | 3 | €106,706 | €105,698 | -€1,008 | -0.9% |
| Stocks | 30/36 | €106,706 | €105,698 | -€1,008 | -0.9% |
| Amounts receivable within one year | 40/41 | €250,976 | €115,348 | -€135,628 | -54.0% |
| Trade receivables | 40 | €99,366 | - | -€99,366 | |
| Other amounts receivable | 41 | €151,610 | €115,348 | -€36,262 | -23.9% |
| Cash at bank and in hand | 54/58 | €5,677 | €21,259 | +€15,581 | +274% |
| Deferred charges and accrued income | 490/1 | €248 | €245 | -€3 | -1.4% |
| Total equity and liabilities | 10/49 | €378,976 | €250,692 | -€128,284 | -33.9% |
| Equity | 10/15 | €212,766 | €206,891 | -€5,875 | -2.8% |
| Contributions | 10/11 | €12,920 | €12,920 | = | 0.0% |
| Reserves | 13 | €2,000 | €7,335 | +€5,335 | +267% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | - | €5,335 | +€5,335 | |
| Profit (loss) carried forward | 14 | €197,846 | €186,636 | -€11,210 | -5.7% |
| Amounts payable | 17/49 | €166,209 | €43,801 | -€122,409 | -73.6% |
| Amounts payable within one year | 42/48 | €166,209 | €43,801 | -€122,409 | -73.6% |
| Current portion of amounts payable after more than one year | 42 | €3,880 | - | -€3,880 | |
| Trade debts | 44 | €113,431 | €11,587 | -€101,844 | -89.8% |
| Suppliers | 440/4 | €113,431 | €11,587 | -€101,844 | -89.8% |
| Taxes, remuneration and social security | 45 | €48,898 | €32,213 | -€16,685 | -34.1% |
| Taxes | 450/3 | €28,088 | €12,570 | -€15,517 | -55.2% |
| Remuneration and social security | 454/9 | €20,811 | €19,643 | -€1,168 | -5.6% |
| Remuneration, social security and pensions | 62 | €20,164 | €11,733 | -€8,430 | -41.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,107 | €10,721 | -€1,386 | -11.4% |
| Other operating charges | 640/8 | €10,530 | €3,271 | -€7,260 | -68.9% |
| Gross operating margin | 9900 | €63,609 | €33,069 | -€30,540 | -48.0% |
| Operating profit (loss) | 9901 | €20,809 | €7,345 | -€13,464 | -64.7% |
| Financial income | 75/76B | €5,796 | €4,337 | -€1,459 | -25.2% |
| Recurring financial income | 75 | €5,796 | €4,337 | -€1,459 | -25.2% |
| Financial charges | 65/66B | €5,285 | €2,329 | -€2,956 | -55.9% |
| Recurring financial charges | 65 | €5,285 | €2,329 | -€2,956 | -55.9% |
| Profit (loss) for the period before taxes | 9903 | €21,320 | €9,353 | -€11,967 | -56.1% |
| Income taxes | 67/77 | €11,226 | €4,018 | -€7,208 | -64.2% |
| Profit (loss) for the period | 9904 | €10,094 | €5,335 | -€4,759 | -47.1% |
| Profit (loss) for the period to be appropriated | 9905 | €10,094 | €5,335 | -€4,759 | -47.1% |
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 15 October 2026 via checked.be.