GEWA GAMES: 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.
GEWA GAMES
Largest movements
- Tangible fixed assets -€25,544
down €25,544 (-7.6%), from €336,823 to €311,279
of which Land and buildings: -€23,781
- Cash -€18,095
down €18,095 (-99.4%), from €18,212 to €118
mainly Debts after one year (-€19,448) and Current portion of long-term debt (-€12,630)
- Receivables within one year +€6,862
up €6,862 (+1,760%), from €390 to €7,252
of which Trade receivables: +€7,012
- Deferred charges and accrued income +€6,149
up €6,149 (+619%), from €993 to €7,142
- Debts after one year -€19,448
no longer reported in 2025 (was €19,448)
- Trade debts +€13,385
up €13,385 (+594%), from €2,252 to €15,637
- Current portion of long-term debt -€12,630
down €12,630 (-39.4%), from €32,078 to €19,448
- Reserves -€8,869
down €8,869 (-5.3%), from €167,050 to €158,181
- Gross operating margin -€51,177
down €51,177 (-48.6%), from €105,387 to €54,211
- Taxes -€11,434
down €11,434 (-70.9%), from €16,124 to €4,690
- Depreciation -€1,296
down €1,296 (-4.8%), from €26,841 to €25,544
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 | €368,918 | €338,291 | -€30,627 | -8.3% |
| Fixed assets | 21/28 | €349,323 | €323,779 | -€25,544 | -7.3% |
| Tangible fixed assets | 22/27 | €336,823 | €311,279 | -€25,544 | -7.6% |
| Land and buildings | 22 | €332,035 | €308,254 | -€23,781 | -7.2% |
| Plant, machinery and equipment | 23 | €1,060 | €795 | -€265 | -25.0% |
| Furniture and vehicles | 24 | €3,728 | €2,230 | -€1,499 | -40.2% |
| Financial fixed assets | 28 | €12,500 | €12,500 | = | 0.0% |
| Current assets | 29/58 | €19,595 | €14,512 | -€5,083 | -25.9% |
| Amounts receivable within one year | 40/41 | €390 | €7,252 | +€6,862 | +1,760% |
| Trade receivables | 40 | €105 | €7,117 | +€7,012 | +6,701% |
| Other amounts receivable | 41 | €285 | €135 | -€150 | -52.7% |
| Cash at bank and in hand | 54/58 | €18,212 | €118 | -€18,095 | -99.4% |
| Deferred charges and accrued income | 490/1 | €993 | €7,142 | +€6,149 | +619% |
| Total equity and liabilities | 10/49 | €368,918 | €338,291 | -€30,627 | -8.3% |
| Equity | 10/15 | €251,050 | €242,181 | -€8,869 | -3.5% |
| Contributions | 10/11 | €84,000 | €84,000 | = | 0.0% |
| Reserves | 13 | €167,050 | €158,181 | -€8,869 | -5.3% |
| Distributable reserves | 133 | €167,050 | €158,181 | -€8,869 | -5.3% |
| Amounts payable | 17/49 | €117,868 | €96,110 | -€21,758 | -18.5% |
| Amounts payable after more than one year | 17 | €19,448 | - | -€19,448 | |
| Financial debts | 170/4 | €19,448 | - | -€19,448 | |
| Amounts payable within one year | 42/48 | €95,920 | €96,110 | +€189 | +0.2% |
| Current portion of amounts payable after more than one year | 42 | €32,078 | €19,448 | -€12,630 | -39.4% |
| Trade debts | 44 | €2,252 | €15,637 | +€13,385 | +594% |
| Suppliers | 440/4 | €2,252 | €15,637 | +€13,385 | +594% |
| Taxes, remuneration and social security | 45 | €7,178 | €6,483 | -€695 | -9.7% |
| Taxes | 450/3 | €7,178 | €6,483 | -€695 | -9.7% |
| Other amounts payable | 47/48 | €54,412 | €54,542 | +€130 | +0.2% |
| Accrued charges and deferred income | 492/3 | €2,500 | - | -€2,500 | |
| Non-recurring operating income | 76A | €5,154 | - | -€5,154 | |
| Remuneration, social security and pensions | 62 | €647 | €712 | +€66 | +10.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,841 | €25,544 | -€1,296 | -4.8% |
| Other operating charges | 640/8 | €24,532 | €24,242 | -€290 | -1.2% |
| Gross operating margin | 9900 | €105,387 | €54,211 | -€51,177 | -48.6% |
| Operating profit (loss) | 9901 | €53,368 | €3,712 | -€49,656 | -93.0% |
| Financial income | 75/76B | €0 | €1 | +€1 | +920% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +920% |
| Financial charges | 65/66B | €5,770 | €6,226 | +€456 | +7.9% |
| Recurring financial charges | 65 | €5,770 | €6,226 | +€456 | +7.9% |
| Profit (loss) for the period before taxes | 9903 | €47,598 | -€2,513 | -€50,111 | |
| Income taxes | 67/77 | €16,124 | €4,690 | -€11,434 | -70.9% |
| Profit (loss) for the period | 9904 | €31,474 | -€7,203 | -€38,677 | |
| Profit (loss) for the period to be appropriated | 9905 | €31,474 | -€7,203 | -€38,677 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.