GEGIMER: 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.
GEGIMER
Largest movements
- Tangible fixed assets -€21,669
down €21,669 (-4.9%), from €439,143 to €417,474
of which Land and buildings: -€19,884
- Debts after one year -€25,196
down €25,196 (-15.7%), from €160,781 to €135,584
- Other debts -€8,081
down €8,081 (-32.4%), from €24,939 to €16,858
- Reserves +€7,552
up €7,552 (+4.6%), from €162,903 to €170,455
of which Distributable reserves: +€9,353
- Gross operating margin -€3,494
down €3,494 (-7.4%), from €47,398 to €43,903
- Taxes -€1,429
down €1,429 (-21.2%), from €6,754 to €5,325
- Other operating charges +€1,016
up €1,016 (+20.7%), from €4,917 to €5,933
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 | €457,611 | €433,167 | -€24,444 | -5.3% |
| Fixed assets | 21/28 | €439,143 | €417,474 | -€21,669 | -4.9% |
| Tangible fixed assets | 22/27 | €439,143 | €417,474 | -€21,669 | -4.9% |
| Land and buildings | 22 | €437,140 | €417,257 | -€19,884 | -4.5% |
| Plant, machinery and equipment | 23 | €481 | €217 | -€264 | -54.9% |
| Furniture and vehicles | 24 | €1,522 | €0 | -€1,522 | -100.0% |
| Current assets | 29/58 | €18,468 | €15,693 | -€2,775 | -15.0% |
| Cash at bank and in hand | 54/58 | €7,990 | €7,463 | -€527 | -6.6% |
| Deferred charges and accrued income | 490/1 | €10,479 | €8,230 | -€2,248 | -21.5% |
| Total equity and liabilities | 10/49 | €457,611 | €433,167 | -€24,444 | -5.3% |
| Equity | 10/15 | €224,903 | €232,455 | +€7,552 | +3.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €162,903 | €170,455 | +€7,552 | +4.6% |
| Tax-exempt reserves | 132 | €39,942 | €38,141 | -€1,801 | -4.5% |
| Distributable reserves | 133 | €122,960 | €132,314 | +€9,353 | +7.6% |
| Provisions and deferred taxes | 16 | €13,314 | €12,714 | -€600 | -4.5% |
| Deferred taxes | 168 | €13,314 | €12,714 | -€600 | -4.5% |
| Amounts payable | 17/49 | €219,394 | €187,998 | -€31,396 | -14.3% |
| Amounts payable after more than one year | 17 | €160,781 | €135,584 | -€25,196 | -15.7% |
| Financial debts | 170/4 | €160,781 | €135,584 | -€25,196 | -15.7% |
| Amounts payable within one year | 42/48 | €54,575 | €47,575 | -€7,000 | -12.8% |
| Current portion of amounts payable after more than one year | 42 | €24,542 | €25,196 | +€655 | +2.7% |
| Financial debts | 43 | €895 | €629 | -€266 | -29.7% |
| Credit institutions | 430/8 | €895 | €629 | -€266 | -29.7% |
| Trade debts | 44 | €1,445 | €2,066 | +€621 | +43.0% |
| Suppliers | 440/4 | €1,445 | €2,066 | +€621 | +43.0% |
| Taxes, remuneration and social security | 45 | €2,754 | €2,825 | +€71 | +2.6% |
| Taxes | 450/3 | €2,754 | €2,825 | +€71 | +2.6% |
| Other amounts payable | 47/48 | €24,939 | €16,858 | -€8,081 | -32.4% |
| Accrued charges and deferred income | 492/3 | €4,039 | €4,839 | +€800 | +19.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,695 | €20,785 | +€90 | +0.4% |
| Other operating charges | 640/8 | €4,917 | €5,933 | +€1,016 | +20.7% |
| Gross operating margin | 9900 | €47,398 | €43,903 | -€3,494 | -7.4% |
| Operating profit (loss) | 9901 | €21,786 | €17,185 | -€4,600 | -21.1% |
| Financial charges | 65/66B | €5,127 | €4,908 | -€219 | -4.3% |
| Recurring financial charges | 65 | €5,127 | €4,908 | -€219 | -4.3% |
| Profit (loss) for the period before taxes | 9903 | €16,658 | €12,277 | -€4,382 | -26.3% |
| Transfer from deferred taxes | 780 | €600 | €600 | = | 0.0% |
| Income taxes | 67/77 | €6,754 | €5,325 | -€1,429 | -21.2% |
| Profit (loss) for the period | 9904 | €10,505 | €7,552 | -€2,953 | -28.1% |
| Transfer from tax-exempt reserves | 789 | €1,801 | €1,801 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €12,306 | €9,353 | -€2,953 | -24.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.