GAN CONCEPT: 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.
GAN CONCEPT
Largest movements
- Receivables within one year +€845
up €845 (+39.4%), from €2,146 to €2,991
of which Trade receivables: +€631
- Cash -€351
down €351 (-97.6%), from €360 to €9
mainly Trade debts (-€1,363) and Receivables within one year (-€845)
- Profit (loss) carried forward +€2,027
up €2,027 (+8.9%), from -€22,884 to -€20,857
- Trade debts -€1,363
down €1,363 (-78.8%), from €1,729 to €367
of which Suppliers: -€1,363
- Other debts -€170
down €170 (-3.5%), from €4,912 to €4,742
- Gross operating margin +€2,583
up €2,583 (+226.9%), from €1,139 to €3,721
- Other operating charges +€594
up €594 (+59.7%), from €994 to €1,588
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 | €2,506 | €3,000 | +€494 | +19.7% |
| Current assets | 29/58 | €2,506 | €3,000 | +€494 | +19.7% |
| Amounts receivable within one year | 40/41 | €2,146 | €2,991 | +€845 | +39.4% |
| Trade receivables | 40 | €1,163 | €1,794 | +€631 | +54.3% |
| Other amounts receivable | 41 | €983 | €1,197 | +€214 | +21.8% |
| Cash at bank and in hand | 54/58 | €360 | €9 | -€351 | -97.6% |
| Total equity and liabilities | 10/49 | €2,506 | €3,000 | +€494 | +19.7% |
| Equity | 10/15 | -€4,136 | -€2,109 | +€2,027 | +49.0% |
| Contributions | 10/11 | €18,748 | €18,748 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,884 | -€20,857 | +€2,027 | +8.9% |
| Amounts payable | 17/49 | €6,642 | €5,109 | -€1,533 | -23.1% |
| Amounts payable within one year | 42/48 | €6,642 | €5,109 | -€1,533 | -23.1% |
| Trade debts | 44 | €1,729 | €367 | -€1,363 | -78.8% |
| Suppliers | 440/4 | €1,379 | €17 | -€1,363 | -98.8% |
| Bills of exchange payable | 441 | €350 | €350 | = | 0.0% |
| Other amounts payable | 47/48 | €4,912 | €4,742 | -€170 | -3.5% |
| Other operating charges | 640/8 | €994 | €1,588 | +€594 | +59.7% |
| Gross operating margin | 9900 | €1,139 | €3,721 | +€2,583 | +226.9% |
| Operating profit (loss) | 9901 | €144 | €2,134 | +€1,989 | +1377.3% |
| Financial charges | 65/66B | €101 | €107 | +€6 | +5.4% |
| Recurring financial charges | 65 | €101 | €107 | +€6 | +5.4% |
| Profit (loss) for the period before taxes | 9903 | €43 | €2,027 | +€1,984 | +4603.6% |
| Profit (loss) for the period | 9904 | €43 | €2,027 | +€1,984 | +4603.6% |
| Profit (loss) for the period to be appropriated | 9905 | €43 | €2,027 | +€1,984 | +4603.6% |
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 5 October 2026 via checked.be.