GAUMAS: 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.
GAUMAS
Largest movements
- Cash -€17,223
down €17,223 (-66.0%), from €26,094 to €8,872
mainly Net result for the year (-€7,651) and Debts after one year (-€5,248)
- Tangible fixed assets -€1,142
down €1,142 (-48.1%), from €2,373 to €1,231
of which Furniture and vehicles: -€728
- Stocks and contracts +€1,090
up €1,090 (+52.2%), from €2,090 to €3,180
- Profit (loss) carried forward -€7,651
down €7,651 (-16.3%), from -€46,975 to -€54,626
- Debts after one year -€5,248
no longer reported in 2025 (was €5,248)
- Short-term financial debts -€3,446
down €3,446 (-39.6%), from €8,695 to €5,248
- Other debts -€952
down €952 (-3.5%), from €27,287 to €26,335
- Staff costs +€2,339
up €2,339 (+10.4%), from €22,439 to €24,778
- Gross operating margin -€2,280
down €2,280 (-8.0%), from €28,521 to €26,241
- Depreciation +€1,283
up €1,283 (+112%), from €1,142 to €2,425
- Financial charges +€1,022
up €1,022 (+22.2%), from €4,603 to €5,624
- Other operating charges -€288
down €288 (-41.9%), from €688 to €400
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 | €37,289 | €20,015 | -€17,275 | -46.3% |
| Fixed assets | 21/28 | €9,105 | €7,963 | -€1,142 | -12.5% |
| Tangible fixed assets | 22/27 | €2,373 | €1,231 | -€1,142 | -48.1% |
| Plant, machinery and equipment | 23 | €729 | €315 | -€414 | -56.8% |
| Furniture and vehicles | 24 | €1,644 | €916 | -€728 | -44.3% |
| Financial fixed assets | 28 | €6,732 | €6,732 | = | 0.0% |
| Current assets | 29/58 | €28,184 | €12,052 | -€16,132 | -57.2% |
| Stocks and contracts in progress | 3 | €2,090 | €3,180 | +€1,090 | +52.2% |
| Stocks | 30/36 | €2,090 | €3,180 | +€1,090 | +52.2% |
| Cash at bank and in hand | 54/58 | €26,094 | €8,872 | -€17,223 | -66.0% |
| Total equity and liabilities | 10/49 | €37,289 | €20,015 | -€17,275 | -46.3% |
| Equity | 10/15 | -€20,695 | -€28,346 | -€7,651 | -37.0% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Capital | 10 | €18,750 | - | -€18,750 | |
| Issued capital | 100 | €18,750 | - | -€18,750 | |
| Reserves | 13 | €7,530 | €7,530 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,875 | - | -€1,875 | |
| Legal reserve | 130 | €1,875 | - | -€1,875 | |
| Distributable reserves | 133 | €5,655 | €7,530 | +€1,875 | +33.2% |
| Profit (loss) carried forward | 14 | -€46,975 | -€54,626 | -€7,651 | -16.3% |
| Amounts payable | 17/49 | €57,984 | €48,361 | -€9,623 | -16.6% |
| Amounts payable after more than one year | 17 | €5,248 | - | -€5,248 | |
| Financial debts | 170/4 | €5,248 | - | -€5,248 | |
| Amounts payable within one year | 42/48 | €52,736 | €48,361 | -€4,375 | -8.3% |
| Financial debts | 43 | €8,695 | €5,248 | -€3,446 | -39.6% |
| Credit institutions | 430/8 | €8,695 | €5,248 | -€3,446 | -39.6% |
| Trade debts | 44 | €11,748 | €11,687 | -€61 | -0.5% |
| Suppliers | 440/4 | €11,748 | €11,687 | -€61 | -0.5% |
| Taxes, remuneration and social security | 45 | €5,006 | €5,091 | +€85 | +1.7% |
| Taxes | 450/3 | €4,380 | €3,990 | -€390 | -8.9% |
| Remuneration and social security | 454/9 | €627 | €1,102 | +€475 | +75.9% |
| Other amounts payable | 47/48 | €27,287 | €26,335 | -€952 | -3.5% |
| Remuneration, social security and pensions | 62 | €22,439 | €24,778 | +€2,339 | +10.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,142 | €2,425 | +€1,283 | +112% |
| Other operating charges | 640/8 | €688 | €400 | -€288 | -41.9% |
| Gross operating margin | 9900 | €28,521 | €26,241 | -€2,280 | -8.0% |
| Operating profit (loss) | 9901 | €4,251 | -€1,363 | -€5,614 | |
| Financial income | 75/76B | - | €9 | +€9 | |
| Recurring financial income | 75 | - | €9 | +€9 | |
| Financial charges | 65/66B | €4,603 | €5,624 | +€1,022 | +22.2% |
| Recurring financial charges | 65 | €4,603 | €5,624 | +€1,022 | +22.2% |
| Profit (loss) for the period before taxes | 9903 | -€351 | -€6,978 | -€6,627 | -1,887% |
| Income taxes | 67/77 | €825 | €673 | -€151 | -18.4% |
| Profit (loss) for the period | 9904 | -€1,176 | -€7,651 | -€6,475 | -551% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,176 | -€7,651 | -€6,475 | -551% |
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 14 October 2026 via checked.be.