GARIMMO: 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.
GARIMMO
Largest movements
- Tangible fixed assets -€33,299
down €33,299 (-4.0%), from €836,734 to €803,435
- Debts after one year -€52,627
down €52,627 (-7.0%), from €756,119 to €703,493
- Reserves +€22,588
up €22,588 (+222%), from €10,172 to €32,761
- Gross operating margin +€19,975
up €19,975 (+35.3%), from €56,523 to €76,498
- Taxes +€6,209
up €6,209 (+347%), from €1,790 to €7,999
- Depreciation -€1,319
down €1,319 (-3.8%), from €34,618 to €33,299
- Financial charges -€921
down €921 (-11.8%), from €7,817 to €6,896
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 | €843,850 | €813,525 | -€30,325 | -3.6% |
| Fixed assets | 21/28 | €836,734 | €803,435 | -€33,299 | -4.0% |
| Tangible fixed assets | 22/27 | €836,734 | €803,435 | -€33,299 | -4.0% |
| Land and buildings | 22 | €836,734 | €803,435 | -€33,299 | -4.0% |
| Current assets | 29/58 | €7,116 | €10,090 | +€2,974 | +41.8% |
| Amounts receivable within one year | 40/41 | €710 | - | -€710 | |
| Other amounts receivable | 41 | €710 | - | -€710 | |
| Cash at bank and in hand | 54/58 | €4,243 | €8,994 | +€4,752 | +112% |
| Deferred charges and accrued income | 490/1 | €2,163 | €1,096 | -€1,067 | -49.3% |
| Total equity and liabilities | 10/49 | €843,850 | €813,525 | -€30,325 | -3.6% |
| Equity | 10/15 | €28,772 | €51,361 | +€22,588 | +78.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €10,172 | €32,761 | +€22,588 | +222% |
| Distributable reserves | 133 | €10,172 | €32,761 | +€22,588 | +222% |
| Amounts payable | 17/49 | €815,077 | €762,164 | -€52,913 | -6.5% |
| Amounts payable after more than one year | 17 | €756,119 | €703,493 | -€52,627 | -7.0% |
| Financial debts | 170/4 | €756,119 | €703,493 | -€52,627 | -7.0% |
| Amounts payable within one year | 42/48 | €57,974 | €58,672 | +€697 | +1.2% |
| Current portion of amounts payable after more than one year | 42 | €51,705 | €52,627 | +€922 | +1.8% |
| Trade debts | 44 | €3,569 | €345 | -€3,224 | -90.3% |
| Suppliers | 440/4 | €3,569 | €345 | -€3,224 | -90.3% |
| Taxes, remuneration and social security | 45 | - | €3,000 | +€3,000 | |
| Taxes | 450/3 | - | €3,000 | +€3,000 | |
| Other amounts payable | 47/48 | €2,700 | €2,700 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €984 | - | -€984 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,618 | €33,299 | -€1,319 | -3.8% |
| Other operating charges | 640/8 | €5,154 | €5,715 | +€562 | +10.9% |
| Gross operating margin | 9900 | €56,523 | €76,498 | +€19,975 | +35.3% |
| Operating profit (loss) | 9901 | €16,751 | €37,483 | +€20,732 | +124% |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €7,817 | €6,896 | -€921 | -11.8% |
| Recurring financial charges | 65 | €7,817 | €6,896 | -€921 | -11.8% |
| Profit (loss) for the period before taxes | 9903 | €8,936 | €30,587 | +€21,651 | +242% |
| Income taxes | 67/77 | €1,790 | €7,999 | +€6,209 | +347% |
| Profit (loss) for the period | 9904 | €7,146 | €22,588 | +€15,442 | +216% |
| Profit (loss) for the period to be appropriated | 9905 | €7,146 | €22,588 | +€15,442 | +216% |
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 13 October 2026 via checked.be.