GAMINE: 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.
GAMINE
Largest movements
- Tangible fixed assets -€22,996
down €22,996 (-3.3%), from €704,115 to €681,119
of which Land and buildings: -€21,033
- Cash -€22,481
down €22,481 (-22.4%), from €100,504 to €78,023
mainly Other debts (-€48,302) and Provisions (-€2,443)
- Other debts -€48,302
down €48,302 (-16.4%), from €294,022 to €245,719
- Gross operating margin +€4,790
up €4,790 (+11.6%), from €41,321 to €46,111
- Financial charges -€3,811
down €3,811 (-22.8%), from €16,702 to €12,890
- Taxes +€1,673
up €1,673 (+68.7%), from €2,436 to €4,110
- Other operating charges -€504
down €504 (-9.7%), from €5,213 to €4,708
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 | €807,937 | €760,086 | -€47,851 | -5.9% |
| Fixed assets | 21/28 | €704,115 | €681,119 | -€22,996 | -3.3% |
| Tangible fixed assets | 22/27 | €704,115 | €681,119 | -€22,996 | -3.3% |
| Land and buildings | 22 | €693,500 | €672,467 | -€21,033 | -3.0% |
| Other tangible fixed assets | 26 | €10,615 | €8,652 | -€1,963 | -18.5% |
| Current assets | 29/58 | €103,822 | €78,967 | -€24,855 | -23.9% |
| Amounts receivable within one year | 40/41 | €2,576 | €12 | -€2,564 | -99.5% |
| Other amounts receivable | 41 | €2,576 | €12 | -€2,564 | -99.5% |
| Cash at bank and in hand | 54/58 | €100,504 | €78,023 | -€22,481 | -22.4% |
| Deferred charges and accrued income | 490/1 | €743 | €932 | +€189 | +25.5% |
| Total equity and liabilities | 10/49 | €807,937 | €760,086 | -€47,851 | -5.9% |
| Equity | 10/15 | €446,043 | €448,428 | +€2,385 | +0.5% |
| Contributions | 10/11 | €177,250 | €177,250 | = | 0.0% |
| Reserves | 13 | €268,793 | €271,178 | +€2,385 | +0.9% |
| Tax-exempt reserves | 132 | €192,980 | €185,652 | -€7,328 | -3.8% |
| Distributable reserves | 133 | €75,813 | €85,526 | +€9,713 | +12.8% |
| Provisions and deferred taxes | 16 | €64,327 | €61,884 | -€2,443 | -3.8% |
| Deferred taxes | 168 | €64,327 | €61,884 | -€2,443 | -3.8% |
| Amounts payable | 17/49 | €297,568 | €249,775 | -€47,793 | -16.1% |
| Amounts payable within one year | 42/48 | €294,223 | €246,329 | -€47,894 | -16.3% |
| Trade debts | 44 | €201 | €0 | -€201 | -100% |
| Suppliers | 440/4 | €201 | €0 | -€201 | -100% |
| Taxes, remuneration and social security | 45 | €0 | €610 | +€610 | |
| Taxes | 450/3 | €0 | €610 | +€610 | |
| Other amounts payable | 47/48 | €294,022 | €245,719 | -€48,302 | -16.4% |
| Accrued charges and deferred income | 492/3 | €3,344 | €3,446 | +€102 | +3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,443 | €24,461 | +€18 | +0.1% |
| Other operating charges | 640/8 | €5,213 | €4,708 | -€504 | -9.7% |
| Gross operating margin | 9900 | €41,321 | €46,111 | +€4,790 | +11.6% |
| Operating profit (loss) | 9901 | €11,665 | €16,942 | +€5,277 | +45.2% |
| Financial charges | 65/66B | €16,702 | €12,890 | -€3,811 | -22.8% |
| Recurring financial charges | 65 | €16,702 | €12,890 | -€3,811 | -22.8% |
| Profit (loss) for the period before taxes | 9903 | -€5,037 | €4,051 | +€9,088 | |
| Transfer from deferred taxes | 780 | €2,443 | €2,443 | = | 0.0% |
| Income taxes | 67/77 | €2,436 | €4,110 | +€1,673 | +68.7% |
| Profit (loss) for the period | 9904 | -€5,030 | €2,385 | +€7,415 | |
| Transfer from tax-exempt reserves | 789 | €7,328 | €7,328 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €2,298 | €9,713 | +€7,415 | +323% |
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.