GUMABO: 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.
GUMABO
Largest movements
- Receivables after one year +€519,168
up €519,168 (+18.6%), from €2.8m to €3.3m
- Current investments +€509,920
up €509,920 (+75.2%), from €678,449 to €1.2m
- Cash -€92,984
down €92,984 (-86.7%), from €107,236 to €14,251
mainly Receivables after one year (-€519,168) and Current investments (-€509,920)
- Debts after one year +€963,978
up €963,978 (+80.1%), from €1.2m to €2.2m
of which Other amounts payable: +€1.0m
- Other debts +€68,124
up €68,124 (+339%), from €20,123 to €88,247
- Gross operating margin -€176,785
down €176,785 (-84.4%), from €209,412 to €32,627
- Financial charges +€107,693
up €107,693 (+365%), from €29,491 to €137,184
- Financial income +€84,465
up €84,465 (+102%), from €82,837 to €167,301
- Taxes -€23,758
down €23,758 (-36.7%), from €64,715 to €40,957
- Other operating charges -€18,746
down €18,746 (-50.5%), from €37,157 to €18,411
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 | €4,160,364 | €5,111,635 | +€951,272 | +22.9% |
| Fixed assets | 21/28 | €471,510 | €455,115 | -€16,395 | -3.5% |
| Tangible fixed assets | 22/27 | €436,258 | €419,863 | -€16,395 | -3.8% |
| Land and buildings | 22 | €418,992 | €407,664 | -€11,328 | -2.7% |
| Plant, machinery and equipment | 23 | €3,936 | €2,138 | -€1,798 | -45.7% |
| Furniture and vehicles | 24 | €13,330 | €10,061 | -€3,269 | -24.5% |
| Financial fixed assets | 28 | €35,252 | €35,252 | = | 0.0% |
| Current assets | 29/58 | €3,688,854 | €4,656,521 | +€967,667 | +26.2% |
| Amounts receivable after more than one year | 29 | €2,793,222 | €3,312,389 | +€519,168 | +18.6% |
| Other amounts receivable | 291 | €2,793,222 | €3,312,389 | +€519,168 | +18.6% |
| Amounts receivable within one year | 40/41 | €106,206 | €113,257 | +€7,051 | +6.6% |
| Trade receivables | 40 | €55,660 | €55,860 | +€200 | +0.4% |
| Other amounts receivable | 41 | €50,546 | €57,397 | +€6,851 | +13.6% |
| Current investments | 50/53 | €678,449 | €1,188,369 | +€509,920 | +75.2% |
| Cash at bank and in hand | 54/58 | €107,236 | €14,251 | -€92,984 | -86.7% |
| Deferred charges and accrued income | 490/1 | €3,741 | €28,254 | +€24,513 | +655% |
| Total equity and liabilities | 10/49 | €4,160,364 | €5,111,635 | +€951,272 | +22.9% |
| Equity | 10/15 | €2,788,414 | €2,775,395 | -€13,019 | -0.5% |
| Contributions | 10/11 | €493,262 | €493,262 | = | 0.0% |
| Reserves | 13 | €1,856,559 | €1,856,559 | = | 0.0% |
| Distributable reserves | 133 | €1,856,559 | €1,856,559 | = | 0.0% |
| Profit (loss) carried forward | 14 | €438,594 | €425,574 | -€13,019 | -3.0% |
| Amounts payable | 17/49 | €1,371,950 | €2,336,241 | +€964,291 | +70.3% |
| Amounts payable after more than one year | 17 | €1,203,311 | €2,167,289 | +€963,978 | +80.1% |
| Financial debts | 170/4 | €263,311 | €227,289 | -€36,022 | -13.7% |
| Other amounts payable | 178/9 | €940,000 | €1,940,000 | +€1.0m | +106% |
| Amounts payable within one year | 42/48 | €159,138 | €168,952 | +€9,814 | +6.2% |
| Current portion of amounts payable after more than one year | 42 | €35,562 | €36,022 | +€460 | +1.3% |
| Financial debts | 43 | €50,000 | €0 | -€50,000 | -100% |
| Credit institutions | 430/8 | €50,000 | €0 | -€50,000 | -100% |
| Trade debts | 44 | €31,961 | €6,120 | -€25,841 | -80.9% |
| Suppliers | 440/4 | €31,961 | €6,120 | -€25,841 | -80.9% |
| Taxes, remuneration and social security | 45 | €21,492 | €38,562 | +€17,070 | +79.4% |
| Taxes | 450/3 | €21,492 | €36,562 | +€15,070 | +70.1% |
| Remuneration and social security | 454/9 | €0 | €2,000 | +€2,000 | |
| Other amounts payable | 47/48 | €20,123 | €88,247 | +€68,124 | +339% |
| Accrued charges and deferred income | 492/3 | €9,500 | €0 | -€9,500 | -100% |
| Remuneration, social security and pensions | 62 | -€38 | €0 | +€38 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,199 | €16,395 | +€196 | +1.2% |
| Other operating charges | 640/8 | €37,157 | €18,411 | -€18,746 | -50.5% |
| Gross operating margin | 9900 | €209,412 | €32,627 | -€176,785 | -84.4% |
| Operating profit (loss) | 9901 | €156,094 | -€2,180 | -€158,273 | |
| Financial income | 75/76B | €82,837 | €167,301 | +€84,465 | +102% |
| Recurring financial income | 75 | €82,837 | €167,301 | +€84,465 | +102% |
| Financial charges | 65/66B | €29,491 | €137,184 | +€107,693 | +365% |
| Recurring financial charges | 65 | €29,491 | €137,184 | +€107,693 | +365% |
| Profit (loss) for the period before taxes | 9903 | €209,439 | €27,938 | -€181,501 | -86.7% |
| Income taxes | 67/77 | €64,715 | €40,957 | -€23,758 | -36.7% |
| Profit (loss) for the period | 9904 | €144,724 | -€13,019 | -€157,744 | |
| Profit (loss) for the period to be appropriated | 9905 | €144,724 | -€13,019 | -€157,744 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.