ABC GEMS: what changed
Two fiscal 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.
ABC GEMS
Largest movements
- Receivables within one year -€238,151
down €238,151 (-9.9%), from €2.4m to €2.2m
of which Trade receivables: -€760,294
- Cash -€160,864
down €160,864 (-79.1%), from €203,452 to €42,588
mainly Trade debts (-€694,304) and Stocks and contracts (-€10,440)
- Trade debts -€694,304
down €694,304 (-33.2%), from €2.1m to €1.4m
- Reserves +€295,897
up €295,897 (+31.8%), from €929,711 to €1.2m
- Gross operating margin -€373,439
down €373,439 (-53.4%), from €699,116 to €325,677
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.
Cash bridge derived
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 | €3,039,585 | €2,645,551 | -€394,034 | -13.0% |
| Fixed assets | 21/28 | €13,337 | €6,669 | -€6,669 | -50.0% |
| Tangible fixed assets | 22/27 | €13,337 | €6,669 | -€6,669 | -50.0% |
| Furniture and vehicles | 24 | €13,337 | €6,669 | -€6,669 | -50.0% |
| Current assets | 29/58 | €3,026,248 | €2,638,883 | -€387,365 | -12.8% |
| Stocks and contracts in progress | 3 | €407,136 | €417,575 | +€10,440 | +2.6% |
| Stocks | 30/36 | €407,136 | €417,575 | +€10,440 | +2.6% |
| Amounts receivable within one year | 40/41 | €2,412,779 | €2,174,628 | -€238,151 | -9.9% |
| Trade receivables | 40 | €2,394,689 | €1,634,394 | -€760,294 | -31.7% |
| Other amounts receivable | 41 | €18,091 | €540,234 | +€522,143 | +2886.3% |
| Cash at bank and in hand | 54/58 | €203,452 | €42,588 | -€160,864 | -79.1% |
| Deferred charges and accrued income | 490/1 | €2,881 | €4,091 | +€1,210 | +42.0% |
| Total equity and liabilities | 10/49 | €3,039,585 | €2,645,551 | -€394,034 | -13.0% |
| Equity | 10/15 | €936,711 | €1,232,608 | +€295,897 | +31.6% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €929,711 | €1,225,608 | +€295,897 | +31.8% |
| Distributable reserves | 133 | €929,711 | €1,225,608 | +€295,897 | +31.8% |
| Amounts payable | 17/49 | €2,102,875 | €1,412,944 | -€689,931 | -32.8% |
| Amounts payable within one year | 42/48 | €2,102,748 | €1,412,944 | -€689,804 | -32.8% |
| Trade debts | 44 | €2,090,284 | €1,395,980 | -€694,304 | -33.2% |
| Suppliers | 440/4 | €2,090,284 | €1,395,980 | -€694,304 | -33.2% |
| Taxes, remuneration and social security | 45 | €12,464 | €16,964 | +€4,500 | +36.1% |
| Taxes | 450/3 | €12,464 | €16,964 | +€4,500 | +36.1% |
| Accrued charges and deferred income | 492/3 | €127 | - | -€127 | |
| Remuneration, social security and pensions | 62 | €519 | - | -€519 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,169 | €6,669 | -€500 | -7.0% |
| Other operating charges | 640/8 | €1,531 | €1,380 | -€151 | -9.9% |
| Gross operating margin | 9900 | €699,116 | €325,677 | -€373,439 | -53.4% |
| Operating profit (loss) | 9901 | €689,897 | €317,628 | -€372,269 | -54.0% |
| Financial income | 75/76B | €743 | €5,225 | +€4,482 | +603.4% |
| Recurring financial income | 75 | €743 | €5,225 | +€4,482 | +603.4% |
| Financial charges | 65/66B | €13,144 | €11,650 | -€1,494 | -11.4% |
| Recurring financial charges | 65 | €13,144 | €11,650 | -€1,494 | -11.4% |
| Profit (loss) for the period before taxes | 9903 | €677,496 | €311,203 | -€366,293 | -54.1% |
| Income taxes | 67/77 | €15,843 | €15,306 | -€537 | -3.4% |
| Profit (loss) for the period | 9904 | €661,653 | €295,897 | -€365,756 | -55.3% |
| Profit (loss) for the period to be appropriated | 9905 | €661,653 | €295,897 | -€365,756 | -55.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.