GEMAMEDIC: 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.
GEMAMEDIC
Largest movements
- Cash +€34,749
up €34,749 (+29.8%), from €116,769 to €151,519
mainly Net result for the year (+€50,669) and Depreciation (+€22,837)
- Receivables within one year +€31,452
up €31,452 (+6.2%), from €507,640 to €539,092
of which Other amounts receivable: +€30,077
- Profit (loss) carried forward +€50,669
up €50,669 (+83.8%), from €60,483 to €111,153
- Trade debts +€18,167
up €18,167 (+42.9%), from €42,383 to €60,550
- Gross operating margin +€65,015
up €65,015 (+23.2%), from €279,772 to €344,787
- Taxes +€20,537
up €20,537 (+578.8%), from €3,548 to €24,086
- Staff costs -€14,974
down €14,974 (-5.8%), from €258,318 to €243,344
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 | €691,055 | €758,286 | +€67,230 | +9.7% |
| Fixed assets | 21/28 | €66,646 | €67,675 | +€1,029 | +1.5% |
| Tangible fixed assets | 22/27 | €66,646 | €67,675 | +€1,029 | +1.5% |
| Plant, machinery and equipment | 23 | €10,052 | €19,041 | +€8,989 | +89.4% |
| Furniture and vehicles | 24 | €10,464 | €7,047 | -€3,417 | -32.7% |
| Leasing and similar rights | 25 | €24,927 | €19,940 | -€4,987 | -20.0% |
| Other tangible fixed assets | 26 | €21,203 | €21,648 | +€445 | +2.1% |
| Current assets | 29/58 | €624,409 | €690,610 | +€66,201 | +10.6% |
| Amounts receivable within one year | 40/41 | €507,640 | €539,092 | +€31,452 | +6.2% |
| Trade receivables | 40 | €10,994 | €12,369 | +€1,375 | +12.5% |
| Other amounts receivable | 41 | €496,646 | €526,723 | +€30,077 | +6.1% |
| Cash at bank and in hand | 54/58 | €116,769 | €151,519 | +€34,749 | +29.8% |
| Total equity and liabilities | 10/49 | €691,055 | €758,286 | +€67,230 | +9.7% |
| Equity | 10/15 | €79,219 | €129,889 | +€50,669 | +64.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €136 | €136 | = | 0.0% |
| Non-distributable reserves | 130/1 | €136 | €136 | = | 0.0% |
| Reserves not available under the articles | 1311 | €136 | €136 | = | 0.0% |
| Profit (loss) carried forward | 14 | €60,483 | €111,153 | +€50,669 | +83.8% |
| Amounts payable | 17/49 | €611,836 | €628,397 | +€16,561 | +2.7% |
| Amounts payable after more than one year | 17 | €25,547 | €20,971 | -€4,576 | -17.9% |
| Financial debts | 170/4 | €25,547 | €20,971 | -€4,576 | -17.9% |
| Amounts payable within one year | 42/48 | €586,289 | €607,426 | +€21,137 | +3.6% |
| Current portion of amounts payable after more than one year | 42 | €4,564 | €4,802 | +€238 | +5.2% |
| Trade debts | 44 | €42,383 | €60,550 | +€18,167 | +42.9% |
| Suppliers | 440/4 | €42,383 | €60,550 | +€18,167 | +42.9% |
| Taxes, remuneration and social security | 45 | €37,653 | €43,885 | +€6,231 | +16.5% |
| Taxes | 450/3 | €610 | €12,416 | +€11,806 | +1934.0% |
| Remuneration and social security | 454/9 | €37,043 | €31,468 | -€5,574 | -15.0% |
| Other amounts payable | 47/48 | €501,688 | €498,188 | -€3,500 | -0.7% |
| Remuneration, social security and pensions | 62 | €258,318 | €243,344 | -€14,974 | -5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,198 | €22,837 | +€2,639 | +13.1% |
| Other operating charges | 640/8 | €534 | €1,857 | +€1,322 | +247.5% |
| Gross operating margin | 9900 | €279,772 | €344,787 | +€65,015 | +23.2% |
| Operating profit (loss) | 9901 | €722 | €76,750 | +€76,028 | +10528.2% |
| Financial charges | 65/66B | €1,881 | €1,995 | +€114 | +6.0% |
| Recurring financial charges | 65 | €1,881 | €1,995 | +€114 | +6.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,159 | €74,755 | +€75,914 | |
| Income taxes | 67/77 | €3,548 | €24,086 | +€20,537 | +578.8% |
| Profit (loss) for the period | 9904 | -€4,708 | €50,669 | +€55,377 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,708 | €50,669 | +€55,377 |
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 8 October 2026 via checked.be.