GARGAMELLE: 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.
GARGAMELLE
Largest movements
- Cash -€3,500
down €3,500 (-6.4%), from €54,836 to €51,336
mainly Net result for the year (-€4,436) and Deferred charges and accrued income (-€942)
- Deferred charges and accrued income +€942
new in 2025: €942
- Profit (loss) carried forward -€4,436
down €4,436 (-20.0%), from €22,152 to €17,716
- Other debts +€842
up €842 (+7.3%), from €11,581 to €12,423
- Trade debts +€804
up €804 (+154%), from €523 to €1,327
- Purchases and services +€3,831
new in 2025: €3,831
- Gross operating margin -€367
down €367 (-10.6%), from -€3,464 to -€3,831
- Depreciation -€165
no longer reported in 2025 (was €165)
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 | €55,156 | €52,379 | -€2,777 | -5.0% |
| Fixed assets | 21/28 | - | €0 | = | |
| Tangible fixed assets | 22/27 | - | €0 | = | |
| Land and buildings | 22 | - | €0 | = | |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Furniture and vehicles | 24 | - | €0 | = | |
| Current assets | 29/58 | €55,156 | €52,379 | -€2,777 | -5.0% |
| Amounts receivable within one year | 40/41 | €320 | €101 | -€219 | -68.4% |
| Trade receivables | 40 | €248 | - | -€248 | |
| Other amounts receivable | 41 | €72 | €101 | +€29 | +40.3% |
| Cash at bank and in hand | 54/58 | €54,836 | €51,336 | -€3,500 | -6.4% |
| Deferred charges and accrued income | 490/1 | - | €942 | +€942 | |
| Total equity and liabilities | 10/49 | €55,156 | €52,379 | -€2,777 | -5.0% |
| Equity | 10/15 | €43,052 | €38,616 | -€4,436 | -10.3% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €1,900 | €1,900 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,152 | €17,716 | -€4,436 | -20.0% |
| Amounts payable | 17/49 | €12,104 | €13,763 | +€1,659 | +13.7% |
| Amounts payable within one year | 42/48 | €12,104 | €13,750 | +€1,646 | +13.6% |
| Trade debts | 44 | €523 | €1,327 | +€804 | +154% |
| Suppliers | 440/4 | €523 | €1,327 | +€804 | +154% |
| Other amounts payable | 47/48 | €11,581 | €12,423 | +€842 | +7.3% |
| Accrued charges and deferred income | 492/3 | - | €13 | +€13 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €3,831 | +€3,831 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €165 | - | -€165 | |
| Other operating charges | 640/8 | €384 | €411 | +€27 | +7.0% |
| Gross operating margin | 9900 | -€3,464 | -€3,831 | -€367 | -10.6% |
| Operating profit (loss) | 9901 | -€4,013 | -€4,242 | -€229 | -5.7% |
| Financial charges | 65/66B | €181 | €194 | +€13 | +7.2% |
| Recurring financial charges | 65 | €181 | €194 | +€13 | +7.2% |
| Profit (loss) for the period before taxes | 9903 | -€4,194 | -€4,436 | -€242 | -5.8% |
| Profit (loss) for the period | 9904 | -€4,194 | -€4,436 | -€242 | -5.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,194 | -€4,436 | -€242 | -5.8% |
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 26 October 2026 via checked.be.