GINO DUMALIN: 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.
GINO DUMALIN
Largest movements
- Receivables within one year +€4,297
up €4,297 (+184%), from €2,341 to €6,637
of which Trade receivables: +€4,933
- Cash -€2,773
down €2,773 (-2.5%), from €113,176 to €110,403
mainly Receivables within one year (-€4,297) and Other debts (-€1,686)
- Reserves +€3,315
up €3,315 (+4.6%), from €71,550 to €74,865
- Other debts -€1,686
down €1,686 (-15.6%), from €10,810 to €9,124
- Gross operating margin -€3,056
down €3,056 (-32.5%), from €9,413 to €6,357
- Taxes -€302
down €302 (-14.2%), from €2,124 to €1,822
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 | €119,646 | €121,204 | +€1,559 | +1.3% |
| Fixed assets | 21/28 | €2,800 | €2,800 | = | 0.0% |
| Tangible fixed assets | 22/27 | €2,800 | €2,800 | = | 0.0% |
| Land and buildings | 22 | €2,800 | €2,800 | = | 0.0% |
| Current assets | 29/58 | €116,846 | €118,404 | +€1,559 | +1.3% |
| Amounts receivable within one year | 40/41 | €2,341 | €6,637 | +€4,297 | +184% |
| Trade receivables | 40 | €151 | €5,083 | +€4,933 | +3,272% |
| Other amounts receivable | 41 | €2,190 | €1,554 | -€636 | -29.0% |
| Cash at bank and in hand | 54/58 | €113,176 | €110,403 | -€2,773 | -2.5% |
| Deferred charges and accrued income | 490/1 | €1,329 | €1,365 | +€35 | +2.6% |
| Total equity and liabilities | 10/49 | €119,646 | €121,204 | +€1,559 | +1.3% |
| Equity | 10/15 | €108,740 | €112,058 | +€3,317 | +3.1% |
| Contributions | 10/11 | €37,184 | €37,184 | = | 0.0% |
| Reserves | 13 | €71,550 | €74,865 | +€3,315 | +4.6% |
| Distributable reserves | 133 | €71,550 | €74,865 | +€3,315 | +4.6% |
| Profit (loss) carried forward | 14 | €6 | €9 | +€2 | +35.5% |
| Amounts payable | 17/49 | €10,905 | €9,147 | -€1,759 | -16.1% |
| Amounts payable within one year | 42/48 | €10,905 | €9,147 | -€1,759 | -16.1% |
| Trade debts | 44 | €95 | - | -€95 | |
| Suppliers | 440/4 | €95 | - | -€95 | |
| Taxes, remuneration and social security | 45 | - | €22 | +€22 | |
| Taxes | 450/3 | - | €22 | +€22 | |
| Other amounts payable | 47/48 | €10,810 | €9,124 | -€1,686 | -15.6% |
| Other operating charges | 640/8 | €1,149 | €1,178 | +€28 | +2.5% |
| Gross operating margin | 9900 | €9,413 | €6,357 | -€3,056 | -32.5% |
| Operating profit (loss) | 9901 | €8,264 | €5,180 | -€3,084 | -37.3% |
| Financial income | 75/76B | €4 | €2 | -€3 | -62.5% |
| Recurring financial income | 75 | €4 | €2 | -€3 | -62.5% |
| Financial charges | 65/66B | €43 | €42 | -€1 | -1.2% |
| Recurring financial charges | 65 | €43 | €42 | -€1 | -1.2% |
| Profit (loss) for the period before taxes | 9903 | €8,225 | €5,139 | -€3,086 | -37.5% |
| Income taxes | 67/77 | €2,124 | €1,822 | -€302 | -14.2% |
| Profit (loss) for the period | 9904 | €6,101 | €3,317 | -€2,784 | -45.6% |
| Profit (loss) for the period to be appropriated | 9905 | €6,101 | €3,317 | -€2,784 | -45.6% |
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 16 October 2026 via checked.be.