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GasGasGas: what changed

What changed

GasGasGas

BE 0779.624.236
NACE 74.201, Photography, excluding press photography
filed annual accounts (NBB)
Financial years compared with
Net result for the year
€3,338
2024 · €12,823-€9,485
Equity
€20,386
2024 · €17,048+€3,338
Cash
€13,247
2024 · €25,612-€12,365
Balance sheet total
€40,493
2024 · €56,842-€16,349

Largest movements

2024 to 2025
Assets
  • Cash -€12,365

    down €12,365 (-48.3%), from €25,612 to €13,247

    mainly Other debts (-€17,759) and Debts after one year (-€3,681)

  • Tangible fixed assets -€2,397

    down €2,397 (-16.1%), from €14,853 to €12,456

    of which Furniture and vehicles: -€2,493

  • Receivables within one year -€1,587

    down €1,587 (-9.7%), from €16,377 to €14,790

    of which Trade receivables: -€2,025

Equity and liabilities
  • Other debts -€17,759

    no longer reported in 2025 (was €17,759)

  • Debts after one year -€3,681

    down €3,681 (-66.1%), from €5,569 to €1,888

  • Profit (loss) carried forward +€3,338

    up €3,338 (+23.8%), from €14,048 to €17,386

  • Trade debts +€2,128

    up €2,128 (+168%), from €1,266 to €3,394

Income statement
  • Gross operating margin -€7,405

    down €7,405 (-20.3%), from €36,417 to €29,012

  • Other operating charges +€4,297

    up €4,297 (+33.3%), from €12,886 to €17,183

  • Taxes -€2,399

    down €2,399 (-48.0%), from €5,000 to €2,601

Change in the result, 2024 to 2025

effect on the result

For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.

Result 2024 €12,823
Gross operating margin -€7,405
Depreciation -€262
Other operating charges -€4,297
Other operating items -€42
Financial charges +€122
Taxes +€2,399
Result 2025 €3,338
raises the resultlowers the resultnot broken down further in the accounts

Derived cash bridge

cash 2024 to 2025

The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.

From operations -€5,772
Investment -€3,034
Financing -€3,559
Cash 2024 €25,612
Net result for the year +€3,338
Depreciation +€5,431
Receivables within one year +€1,587
Trade debts +€2,128
Tax, wage and social debts -€497
Other debts -€17,759
Investment in fixed assets (net) -€3,034
Debts after one year -€3,681
Short-term financial debts +€122
Cash 2025 €13,247
brings cash intakes cash out
Every line side by side 36 lines
Line Code 2024 2025 Change %
Total assets 20/58 €56,842 €40,493 -€16,349 -28.8%
Fixed assets 21/28 €14,853 €12,456 -€2,397 -16.1%
Tangible fixed assets 22/27 €14,853 €12,456 -€2,397 -16.1%
Furniture and vehicles 24 €13,699 €11,206 -€2,493 -18.2%
Assets under construction and advance payments 27 €1,154 €1,250 +€96 +8.3%
Current assets 29/58 €41,989 €28,037 -€13,952 -33.2%
Amounts receivable within one year 40/41 €16,377 €14,790 -€1,587 -9.7%
Trade receivables 40 €16,377 €14,352 -€2,025 -12.4%
Other amounts receivable 41 - €438 +€438
Cash at bank and in hand 54/58 €25,612 €13,247 -€12,365 -48.3%
Total equity and liabilities 10/49 €56,842 €40,493 -€16,349 -28.8%
Equity 10/15 €17,048 €20,386 +€3,338 +19.6%
Contributions 10/11 €3,000 €3,000 = 0.0%
Profit (loss) carried forward 14 €14,048 €17,386 +€3,338 +23.8%
Amounts payable 17/49 €39,794 €20,107 -€19,687 -49.5%
Amounts payable after more than one year 17 €5,569 €1,888 -€3,681 -66.1%
Financial debts 170/4 €5,569 €1,888 -€3,681 -66.1%
Amounts payable within one year 42/48 €34,225 €18,219 -€16,006 -46.8%
Financial debts 43 €3,579 €3,701 +€122 +3.4%
Credit institutions 430/8 €3,579 €3,701 +€122 +3.4%
Trade debts 44 €1,266 €3,394 +€2,128 +168%
Suppliers 440/4 €1,266 €3,394 +€2,128 +168%
Taxes, remuneration and social security 45 €11,621 €11,124 -€497 -4.3%
Taxes 450/3 €11,621 €11,124 -€497 -4.3%
Other amounts payable 47/48 €17,759 - -€17,759
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €5,169 €5,431 +€262 +5.1%
Other operating charges 640/8 €12,886 €17,183 +€4,297 +33.3%
Non-recurring operating charges 66A - €42 +€42
Gross operating margin 9900 €36,417 €29,012 -€7,405 -20.3%
Operating profit (loss) 9901 €18,362 €6,356 -€12,006 -65.4%
Financial charges 65/66B €539 €417 -€122 -22.6%
Recurring financial charges 65 €539 €417 -€122 -22.6%
Profit (loss) for the period before taxes 9903 €17,823 €5,939 -€11,884 -66.7%
Income taxes 67/77 €5,000 €2,601 -€2,399 -48.0%
Profit (loss) for the period 9904 €12,823 €3,338 -€9,485 -74.0%
Profit (loss) for the period to be appropriated 9905 €12,823 €3,338 -€9,485 -74.0%
Calculation and sources

Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.