GEM Energy: 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.
GEM Energy
Largest movements
- Deferred charges and accrued income -€7,414
down €7,414 (-100%), from €7,414 to €0
- Cash +€3,159
up €3,159 (+53.6%), from €5,890 to €9,049
mainly Deferred charges and accrued income (+€7,414) and Net result for the year (+€278)
- Receivables within one year +€2,766
up €2,766 (+1.2%), from €226,887 to €229,653
of which Other amounts receivable: +€2,766
No liability line moved by more than 1% of the balance sheet total.
- Financial income -€3,255
down €3,255 (-43.9%), from €7,414 to €4,159
- Gross operating margin +€919
up €919 (+25.6%), from -€3,587 to -€2,668
- Other operating charges -€538
down €538 (-49.5%), from €1,086 to €548
- Financial charges -€183
down €183 (-21.6%), from €848 to €665
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 | €240,191 | €238,702 | -€1,489 | -0.6% |
| Current assets | 29/58 | €240,191 | €238,702 | -€1,489 | -0.6% |
| Amounts receivable within one year | 40/41 | €226,887 | €229,653 | +€2,766 | +1.2% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €226,887 | €229,653 | +€2,766 | +1.2% |
| Cash at bank and in hand | 54/58 | €5,890 | €9,049 | +€3,159 | +53.6% |
| Deferred charges and accrued income | 490/1 | €7,414 | €0 | -€7,414 | -100% |
| Total equity and liabilities | 10/49 | €240,191 | €238,702 | -€1,489 | -0.6% |
| Equity | 10/15 | €236,806 | €237,085 | +€278 | +0.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €214,900 | €216,900 | +€2,000 | +0.9% |
| Distributable reserves | 133 | €214,900 | €216,900 | +€2,000 | +0.9% |
| Profit (loss) carried forward | 14 | €1,906 | €185 | -€1,722 | -90.3% |
| Amounts payable | 17/49 | €3,385 | €1,617 | -€1,768 | -52.2% |
| Amounts payable within one year | 42/48 | €3,084 | €1,617 | -€1,466 | -47.6% |
| Trade debts | 44 | €3,084 | €1,617 | -€1,466 | -47.6% |
| Suppliers | 440/4 | €3,084 | €1,617 | -€1,466 | -47.6% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €301 | €0 | -€301 | -100% |
| Other operating charges | 640/8 | €1,086 | €548 | -€538 | -49.5% |
| Gross operating margin | 9900 | -€3,587 | -€2,668 | +€919 | +25.6% |
| Operating profit (loss) | 9901 | -€4,673 | -€3,216 | +€1,457 | +31.2% |
| Financial income | 75/76B | €7,414 | €4,159 | -€3,255 | -43.9% |
| Recurring financial income | 75 | €7,414 | €4,159 | -€3,255 | -43.9% |
| Financial charges | 65/66B | €848 | €665 | -€183 | -21.6% |
| Recurring financial charges | 65 | €848 | €665 | -€183 | -21.6% |
| Profit (loss) for the period before taxes | 9903 | €1,893 | €278 | -€1,615 | -85.3% |
| Profit (loss) for the period | 9904 | €1,893 | €278 | -€1,615 | -85.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,893 | €278 | -€1,615 | -85.3% |
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 13 October 2026 via checked.be.