GUMAFABRIEK: 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.
GUMAFABRIEK
Largest movements
- Tangible fixed assets -€10,073
down €10,073 (-9.2%), from €109,255 to €99,182
of which Land and buildings: -€9,649
- Cash -€1,262
down €1,262 (-24.6%), from €5,126 to €3,864
mainly Other debts (-€29,880) and Debts after one year (-€11,907)
- Other debts -€29,880
down €29,880 (-75.2%), from €39,753 to €9,873
- Profit (loss) carried forward +€29,175
up €29,175 (+70.4%), from -€41,444 to -€12,269
- Debts after one year -€11,907
down €11,907 (-15.6%), from €76,107 to €64,200
- Gross operating margin +€10,375
up €10,375 (+25.0%), from €41,559 to €51,934
- Depreciation -€7,783
down €7,783 (-43.6%), from €17,856 to €10,073
- Other operating charges +€1,542
up €1,542 (+20.9%), from €7,384 to €8,925
- Financial charges -€615
down €615 (-14.1%), from €4,376 to €3,761
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €117,789 | €106,041 | -€11,748 | -10.0% |
| Fixed assets | 21/28 | €109,255 | €99,182 | -€10,073 | -9.2% |
| Tangible fixed assets | 22/27 | €109,255 | €99,182 | -€10,073 | -9.2% |
| Land and buildings | 22 | €108,831 | €99,182 | -€9,649 | -8.9% |
| Plant, machinery and equipment | 23 | €424 | €0 | -€424 | -100% |
| Current assets | 29/58 | €8,534 | €6,859 | -€1,675 | -19.6% |
| Amounts receivable within one year | 40/41 | €1,552 | €908 | -€645 | -41.5% |
| Trade receivables | 40 | €1,552 | €908 | -€645 | -41.5% |
| Cash at bank and in hand | 54/58 | €5,126 | €3,864 | -€1,262 | -24.6% |
| Deferred charges and accrued income | 490/1 | €1,856 | €2,088 | +€231 | +12.5% |
| Total equity and liabilities | 10/49 | €117,789 | €106,041 | -€11,748 | -10.0% |
| Equity | 10/15 | -€12,284 | €16,891 | +€29,175 | |
| Contributions | 10/11 | €12,300 | €12,300 | = | 0.0% |
| Reserves | 13 | €16,860 | €16,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€41,444 | -€12,269 | +€29,175 | +70.4% |
| Amounts payable | 17/49 | €130,073 | €89,150 | -€40,923 | -31.5% |
| Amounts payable after more than one year | 17 | €76,107 | €64,200 | -€11,907 | -15.6% |
| Financial debts | 170/4 | €76,107 | €64,200 | -€11,907 | -15.6% |
| Amounts payable within one year | 42/48 | €53,966 | €24,950 | -€29,016 | -53.8% |
| Current portion of amounts payable after more than one year | 42 | €11,502 | €11,907 | +€405 | +3.5% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €2,711 | €3,169 | +€459 | +16.9% |
| Suppliers | 440/4 | €2,711 | €3,169 | +€459 | +16.9% |
| Other amounts payable | 47/48 | €39,753 | €9,873 | -€29,880 | -75.2% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,856 | €10,073 | -€7,783 | -43.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €7,384 | €8,925 | +€1,542 | +20.9% |
| Gross operating margin | 9900 | €41,559 | €51,934 | +€10,375 | +25.0% |
| Operating profit (loss) | 9901 | €16,319 | €32,936 | +€16,617 | +102% |
| Financial income | 75/76B | €14 | €0 | -€14 | -100% |
| Recurring financial income | 75 | €14 | €0 | -€14 | -100% |
| Financial charges | 65/66B | €4,376 | €3,761 | -€615 | -14.1% |
| Recurring financial charges | 65 | €4,376 | €3,761 | -€615 | -14.1% |
| Profit (loss) for the period before taxes | 9903 | €11,957 | €29,175 | +€17,218 | +144% |
| Profit (loss) for the period | 9904 | €11,957 | €29,175 | +€17,218 | +144% |
| Profit (loss) for the period to be appropriated | 9905 | €11,957 | €29,175 | +€17,218 | +144% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.