Gangmakers: 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.
Gangmakers
Largest movements
- Cash +€48,504
up €48,504 (+72.6%), from €66,779 to €115,283
mainly Net result for the year (+€42,496) and Tax, wage and social debts (+€22,407)
- Tangible fixed assets -€5,372
down €5,372 (-2.2%), from €241,117 to €235,746
of which Land and buildings: -€6,184
- Receivables within one year +€4,962
up €4,962 (+36.7%), from €13,503 to €18,465
of which Other amounts receivable: +€4,962
- Reserves +€42,496
up €42,496 (+36.4%), from €116,719 to €159,215
- Tax, wage and social debts +€22,407
up €22,407 (+179.7%), from €12,469 to €34,877
- Debts after one year -€12,667
down €12,667 (-7.8%), from €161,500 to €148,833
- Trade debts -€4,143
down €4,143 (-27.5%), from €15,045 to €10,903
- Gross operating margin +€11,817
up €11,817 (+19.1%), from €61,976 to €73,794
- Taxes +€3,839
up €3,839 (+35.1%), from €10,929 to €14,768
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 | €321,400 | €369,494 | +€48,094 | +15.0% |
| Fixed assets | 21/28 | €241,117 | €235,746 | -€5,372 | -2.2% |
| Tangible fixed assets | 22/27 | €241,117 | €235,746 | -€5,372 | -2.2% |
| Land and buildings | 22 | €235,348 | €229,164 | -€6,184 | -2.6% |
| Plant, machinery and equipment | 23 | €1,593 | €2,182 | +€590 | +37.0% |
| Furniture and vehicles | 24 | €4,176 | €3,649 | -€527 | -12.6% |
| Other tangible fixed assets | 26 | - | €750 | +€750 | |
| Current assets | 29/58 | €80,282 | €133,748 | +€53,466 | +66.6% |
| Amounts receivable within one year | 40/41 | €13,503 | €18,465 | +€4,962 | +36.7% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €13,503 | €18,465 | +€4,962 | +36.7% |
| Cash at bank and in hand | 54/58 | €66,779 | €115,283 | +€48,504 | +72.6% |
| Total equity and liabilities | 10/49 | €321,400 | €369,494 | +€48,094 | +15.0% |
| Equity | 10/15 | €119,719 | €162,215 | +€42,496 | +35.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €116,719 | €159,215 | +€42,496 | +36.4% |
| Distributable reserves | 133 | €116,719 | €159,215 | +€42,496 | +36.4% |
| Amounts payable | 17/49 | €201,681 | €207,279 | +€5,598 | +2.8% |
| Amounts payable after more than one year | 17 | €161,500 | €148,833 | -€12,667 | -7.8% |
| Financial debts | 170/4 | €161,500 | €148,833 | -€12,667 | -7.8% |
| Amounts payable within one year | 42/48 | €40,181 | €58,446 | +€18,265 | +45.5% |
| Current portion of amounts payable after more than one year | 42 | €12,667 | €12,667 | = | 0.0% |
| Trade debts | 44 | €15,045 | €10,903 | -€4,143 | -27.5% |
| Suppliers | 440/4 | €15,045 | €10,903 | -€4,143 | -27.5% |
| Taxes, remuneration and social security | 45 | €12,469 | €34,877 | +€22,407 | +179.7% |
| Taxes | 450/3 | €12,469 | €34,877 | +€22,407 | +179.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,564 | €7,723 | +€159 | +2.1% |
| Other operating charges | 640/8 | €387 | €938 | +€551 | +142.3% |
| Gross operating margin | 9900 | €61,976 | €73,794 | +€11,817 | +19.1% |
| Operating profit (loss) | 9901 | €54,025 | €65,133 | +€11,108 | +20.6% |
| Financial income | 75/76B | €404 | €974 | +€569 | +140.8% |
| Recurring financial income | 75 | €404 | €974 | +€569 | +140.8% |
| Financial charges | 65/66B | €8,361 | €8,842 | +€482 | +5.8% |
| Recurring financial charges | 65 | €8,361 | €8,842 | +€482 | +5.8% |
| Profit (loss) for the period before taxes | 9903 | €46,069 | €57,264 | +€11,195 | +24.3% |
| Income taxes | 67/77 | €10,929 | €14,768 | +€3,839 | +35.1% |
| Profit (loss) for the period | 9904 | €35,140 | €42,496 | +€7,357 | +20.9% |
| Profit (loss) for the period to be appropriated | 9905 | €35,140 | €42,496 | +€7,357 | +20.9% |
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 10 October 2026 via checked.be.