Gana: 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.
Gana
Largest movements
- Receivables within one year -€12,174
down €12,174 (-41.1%), from €29,586 to €17,412
of which Trade receivables: -€11,290
- Cash +€6,736
up €6,736 (+208%), from €3,236 to €9,972
mainly Receivables within one year (+€12,174) and Depreciation (+€9,930)
- Tangible fixed assets -€3,596
down €3,596 (-5.4%), from €67,162 to €63,566
of which Other tangible fixed assets: -€2,650
- Deferred charges and accrued income -€2,660
no longer reported in 2025 (was €2,660)
- Reserves -€8,748
down €8,748 (-25.6%), from €34,238 to €25,490
- Debts after one year -€8,065
no longer reported in 2025 (was €8,065)
- Other debts +€5,784
up €5,784 (+74.0%), from €7,816 to €13,600
- Tax, wage and social debts +€4,997
up €4,997 (+41.5%), from €12,039 to €17,035
of which Remuneration and social security: +€4,230
- Current portion of long-term debt -€3,299
down €3,299 (-29.0%), from €11,363 to €8,065
- Gross operating margin +€8,283
up €8,283 (+12.2%), from €68,156 to €76,439
- Staff costs +€8,243
up €8,243 (+16.5%), from €49,991 to €58,234
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 | €109,230 | €97,864 | -€11,366 | -10.4% |
| Fixed assets | 21/28 | €67,162 | €63,566 | -€3,596 | -5.4% |
| Tangible fixed assets | 22/27 | €67,162 | €63,566 | -€3,596 | -5.4% |
| Plant, machinery and equipment | 23 | €9,337 | €10,222 | +€885 | +9.5% |
| Furniture and vehicles | 24 | €4,346 | €2,516 | -€1,830 | -42.1% |
| Other tangible fixed assets | 26 | €53,478 | €50,828 | -€2,650 | -5.0% |
| Current assets | 29/58 | €42,068 | €34,297 | -€7,771 | -18.5% |
| Stocks and contracts in progress | 3 | €6,587 | €6,913 | +€327 | +5.0% |
| Stocks | 30/36 | €6,587 | €6,913 | +€327 | +5.0% |
| Amounts receivable within one year | 40/41 | €29,586 | €17,412 | -€12,174 | -41.1% |
| Trade receivables | 40 | €28,702 | €17,412 | -€11,290 | -39.3% |
| Other amounts receivable | 41 | €884 | - | -€884 | |
| Cash at bank and in hand | 54/58 | €3,236 | €9,972 | +€6,736 | +208% |
| Deferred charges and accrued income | 490/1 | €2,660 | - | -€2,660 | |
| Total equity and liabilities | 10/49 | €109,230 | €97,864 | -€11,366 | -10.4% |
| Equity | 10/15 | €59,698 | €49,350 | -€10,348 | -17.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €34,238 | €25,490 | -€8,748 | -25.6% |
| Distributable reserves | 133 | €34,238 | €25,490 | -€8,748 | -25.6% |
| Profit (loss) carried forward | 14 | €5,460 | €3,860 | -€1,600 | -29.3% |
| Amounts payable | 17/49 | €49,531 | €48,514 | -€1,018 | -2.1% |
| Amounts payable after more than one year | 17 | €8,065 | - | -€8,065 | |
| Financial debts | 170/4 | €8,065 | - | -€8,065 | |
| Amounts payable within one year | 42/48 | €41,467 | €48,514 | +€7,047 | +17.0% |
| Current portion of amounts payable after more than one year | 42 | €11,363 | €8,065 | -€3,299 | -29.0% |
| Trade debts | 44 | €10,233 | €9,814 | -€420 | -4.1% |
| Suppliers | 440/4 | €10,233 | €9,814 | -€420 | -4.1% |
| Advances received on contracts in progress | 46 | €15 | - | -€15 | |
| Taxes, remuneration and social security | 45 | €12,039 | €17,035 | +€4,997 | +41.5% |
| Taxes | 450/3 | €7,658 | €8,425 | +€767 | +10.0% |
| Remuneration and social security | 454/9 | €4,381 | €8,611 | +€4,230 | +96.6% |
| Other amounts payable | 47/48 | €7,816 | €13,600 | +€5,784 | +74.0% |
| Remuneration, social security and pensions | 62 | €49,991 | €58,234 | +€8,243 | +16.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,322 | €9,930 | -€393 | -3.8% |
| Other operating charges | 640/8 | €1,701 | €1,287 | -€414 | -24.3% |
| Gross operating margin | 9900 | €68,156 | €76,439 | +€8,283 | +12.2% |
| Operating profit (loss) | 9901 | €6,141 | €6,988 | +€847 | +13.8% |
| Financial income | 75/76B | €18 | €125 | +€107 | +580% |
| Recurring financial income | 75 | €18 | €125 | +€107 | +580% |
| Financial charges | 65/66B | €2,632 | €1,904 | -€728 | -27.6% |
| Recurring financial charges | 65 | €2,632 | €1,904 | -€728 | -27.6% |
| Profit (loss) for the period before taxes | 9903 | €3,528 | €5,209 | +€1,681 | +47.7% |
| Income taxes | 67/77 | €1,790 | €1,957 | +€167 | +9.4% |
| Profit (loss) for the period | 9904 | €1,738 | €3,252 | +€1,514 | +87.1% |
| Profit (loss) for the period to be appropriated | 9905 | €1,738 | €3,252 | +€1,514 | +87.1% |
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 17 October 2026 via checked.be.