GEM VENTUREZ: 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 VENTUREZ
Largest movements
- Stocks and contracts +€647,016
up €647,016 (+980%), from €66,000 to €713,016
- Cash -€549,419
down €549,419 (-99.1%), from €554,231 to €4,813
mainly Stocks and contracts (-€647,016) and Receivables within one year (-€155,978)
- Receivables within one year +€155,978
up €155,978 (+9.2%), from €1.7m to €1.8m
of which Trade receivables: +€129,177
- Accrued charges and deferred income +€93,869
new in 2024: €93,869
- Reserves +€90,091
up €90,091 (+7.8%), from €1.2m to €1.2m
of which Distributable reserves: +€90,091
- Trade debts +€74,705
up €74,705 (+6.6%), from €1.1m to €1.2m
- Gross operating margin -€575,525
down €575,525 (-86.5%), from €665,501 to €89,977
- Financial income -€102,300
down €102,300 (-88.2%), from €115,980 to €13,681
- Financial charges -€97,658
down €97,658 (-95.7%), from €102,079 to €4,422
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,313,850 | €2,576,041 | +€262,191 | +11.3% |
| Fixed assets | 21/28 | €1,018 | €450 | -€568 | -55.8% |
| Tangible fixed assets | 22/27 | €1,018 | €450 | -€568 | -55.8% |
| Furniture and vehicles | 24 | €1,018 | €450 | -€568 | -55.8% |
| Current assets | 29/58 | €2,312,832 | €2,575,591 | +€262,759 | +11.4% |
| Stocks and contracts in progress | 3 | €66,000 | €713,016 | +€647,016 | +980% |
| Stocks | 30/36 | €66,000 | €713,016 | +€647,016 | +980% |
| Amounts receivable within one year | 40/41 | €1,692,600 | €1,848,578 | +€155,978 | +9.2% |
| Trade receivables | 40 | €1,692,258 | €1,821,434 | +€129,177 | +7.6% |
| Other amounts receivable | 41 | €342 | €27,143 | +€26,801 | +7,825% |
| Cash at bank and in hand | 54/58 | €554,231 | €4,813 | -€549,419 | -99.1% |
| Deferred charges and accrued income | 490/1 | - | €9,184 | +€9,184 | |
| Total equity and liabilities | 10/49 | €2,313,850 | €2,576,041 | +€262,191 | +11.3% |
| Equity | 10/15 | €1,165,333 | €1,255,425 | +€90,091 | +7.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,159,133 | €1,249,225 | +€90,091 | +7.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,157,273 | €1,247,365 | +€90,091 | +7.8% |
| Amounts payable | 17/49 | €1,148,517 | €1,320,616 | +€172,099 | +15.0% |
| Amounts payable within one year | 42/48 | €1,148,517 | €1,226,747 | +€78,231 | +6.8% |
| Trade debts | 44 | €1,137,666 | €1,212,371 | +€74,705 | +6.6% |
| Suppliers | 440/4 | €1,137,666 | €1,212,371 | +€74,705 | +6.6% |
| Taxes, remuneration and social security | 45 | €7,119 | €14,377 | +€7,258 | +102% |
| Taxes | 450/3 | €7,119 | €14,377 | +€7,258 | +102% |
| Other amounts payable | 47/48 | €3,731 | - | -€3,731 | |
| Accrued charges and deferred income | 492/3 | - | €93,869 | +€93,869 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €568 | €568 | = | 0.0% |
| Other operating charges | 640/8 | €1,337 | €1,371 | +€34 | +2.6% |
| Gross operating margin | 9900 | €665,501 | €89,977 | -€575,525 | -86.5% |
| Operating profit (loss) | 9901 | €663,596 | €88,037 | -€575,559 | -86.7% |
| Financial income | 75/76B | €115,980 | €13,681 | -€102,300 | -88.2% |
| Recurring financial income | 75 | €115,980 | €13,681 | -€102,300 | -88.2% |
| Financial charges | 65/66B | €102,079 | €4,422 | -€97,658 | -95.7% |
| Recurring financial charges | 65 | €102,079 | €4,422 | -€97,658 | -95.7% |
| Profit (loss) for the period before taxes | 9903 | €677,497 | €97,297 | -€580,201 | -85.6% |
| Income taxes | 67/77 | €8,139 | €7,205 | -€934 | -11.5% |
| Profit (loss) for the period | 9904 | €669,358 | €90,091 | -€579,267 | -86.5% |
| Profit (loss) for the period to be appropriated | 9905 | €669,358 | €90,091 | -€579,267 | -86.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.