GUMBALL: 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.
GUMBALL
Largest movements
- Tangible fixed assets +€30,841
up €30,841 (+13.3%), from €231,378 to €262,219
of which Assets under construction and advance payments: +€36,937
- Receivables within one year +€6,210
up €6,210 (+354%), from €1,756 to €7,966
of which Trade receivables: +€6,450
- Other debts +€109,484
up €109,484 (+70.8%), from €154,656 to €264,139
- Debts after one year -€46,258
no longer reported in 2025 (was €46,258)
- Current portion of long-term debt -€16,310
no longer reported in 2025 (was €16,310)
- Profit (loss) carried forward -€9,472
down €9,472 (-280%), from -€3,381 to -€12,853
- Gross operating margin -€5,571
down €5,571 (-31.3%), from €17,805 to €12,234
- Depreciation +€595
up €595 (+4.4%), from €13,629 to €14,224
- Financial charges -€590
down €590 (-15.2%), from €3,892 to €3,302
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 | €235,008 | €272,856 | +€37,848 | +16.1% |
| Fixed assets | 21/28 | €231,378 | €262,219 | +€30,841 | +13.3% |
| Tangible fixed assets | 22/27 | €231,378 | €262,219 | +€30,841 | +13.3% |
| Land and buildings | 22 | €231,378 | €225,282 | -€6,096 | -2.6% |
| Assets under construction and advance payments | 27 | - | €36,937 | +€36,937 | |
| Current assets | 29/58 | €3,630 | €10,637 | +€7,007 | +193% |
| Amounts receivable within one year | 40/41 | €1,756 | €7,966 | +€6,210 | +354% |
| Trade receivables | 40 | - | €6,450 | +€6,450 | |
| Other amounts receivable | 41 | €1,756 | €1,516 | -€240 | -13.7% |
| Cash at bank and in hand | 54/58 | €1,874 | €2,671 | +€797 | +42.5% |
| Total equity and liabilities | 10/49 | €235,008 | €272,856 | +€37,848 | +16.1% |
| Equity | 10/15 | €17,070 | €7,598 | -€9,472 | -55.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,381 | -€12,853 | -€9,472 | -280% |
| Amounts payable | 17/49 | €217,938 | €265,258 | +€47,319 | +21.7% |
| Amounts payable after more than one year | 17 | €46,258 | - | -€46,258 | |
| Financial debts | 170/4 | €46,258 | - | -€46,258 | |
| Amounts payable within one year | 42/48 | €171,680 | €265,258 | +€93,578 | +54.5% |
| Current portion of amounts payable after more than one year | 42 | €16,310 | - | -€16,310 | |
| Trade debts | 44 | €444 | €547 | +€102 | +23.1% |
| Suppliers | 440/4 | €444 | €547 | +€102 | +23.1% |
| Taxes, remuneration and social security | 45 | €271 | €572 | +€301 | +111% |
| Taxes | 450/3 | €271 | €572 | +€301 | +111% |
| Other amounts payable | 47/48 | €154,656 | €264,139 | +€109,484 | +70.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,629 | €14,224 | +€595 | +4.4% |
| Other operating charges | 640/8 | €4,021 | €4,188 | +€167 | +4.2% |
| Gross operating margin | 9900 | €17,805 | €12,234 | -€5,571 | -31.3% |
| Operating profit (loss) | 9901 | €155 | -€6,178 | -€6,333 | |
| Financial income | 75/76B | €30 | €11 | -€19 | -63.4% |
| Recurring financial income | 75 | €30 | €11 | -€19 | -63.4% |
| Financial charges | 65/66B | €3,892 | €3,302 | -€590 | -15.2% |
| Recurring financial charges | 65 | €3,892 | €3,302 | -€590 | -15.2% |
| Profit (loss) for the period before taxes | 9903 | -€3,706 | -€9,469 | -€5,763 | -155% |
| Income taxes | 67/77 | - | €3 | +€3 | |
| Profit (loss) for the period | 9904 | -€3,706 | -€9,472 | -€5,766 | -156% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,706 | -€9,472 | -€5,766 | -156% |
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 29 October 2026 via checked.be.