Gembel: 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.
Gembel
Largest movements
- Receivables within one year +€83,900
up €83,900 (+3.1%), from €2.7m to €2.8m
of which Trade receivables: +€59,082
- Profit (loss) carried forward +€66,913
up €66,913 (+3.5%), from -€1.9m to -€1.8m
- Financial income +€54,047
up €54,047 (+361.1%), from €14,968 to €69,015
- Financial charges -€33,462
no longer reported in 2024 (was €33,462)
- Gross operating margin +€120
up €120 (+12.3%), from -€975 to -€855
- Other operating charges +€16
up €16 (+1.3%), from €1,231 to €1,247
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.
Cash bridge derived
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,792,131 | €2,876,031 | +€83,900 | +3.0% |
| Current assets | 29/58 | €2,792,131 | €2,876,031 | +€83,900 | +3.0% |
| Amounts receivable after more than one year | 29 | €100,000 | €100,000 | = | 0.0% |
| Other amounts receivable | 291 | €100,000 | €100,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €1,644 | €1,644 | = | 0.0% |
| Stocks | 30/36 | €1,644 | €1,644 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €2,690,487 | €2,774,387 | +€83,900 | +3.1% |
| Trade receivables | 40 | €928,281 | €987,363 | +€59,082 | +6.4% |
| Other amounts receivable | 41 | €1,762,206 | €1,787,024 | +€24,818 | +1.4% |
| Total equity and liabilities | 10/49 | €2,792,131 | €2,876,031 | +€83,900 | +3.0% |
| Equity | 10/15 | €2,459,486 | €2,526,399 | +€66,913 | +2.7% |
| Contributions | 10/11 | €3,222,616 | €3,222,616 | = | 0.0% |
| Reserves | 13 | €1,134,057 | €1,134,057 | = | 0.0% |
| Non-distributable reserves | 130/1 | €322,262 | €322,262 | = | 0.0% |
| Reserves not available under the articles | 1311 | €322,262 | €322,262 | = | 0.0% |
| Tax-exempt reserves | 132 | €49,682 | €49,682 | = | 0.0% |
| Distributable reserves | 133 | €762,113 | €762,113 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,897,187 | -€1,830,274 | +€66,913 | +3.5% |
| Amounts payable | 17/49 | €332,645 | €349,632 | +€16,987 | +5.1% |
| Amounts payable within one year | 42/48 | €332,645 | €349,632 | +€16,987 | +5.1% |
| Trade debts | 44 | €233,866 | €248,751 | +€14,885 | +6.4% |
| Suppliers | 440/4 | €233,866 | €248,751 | +€14,885 | +6.4% |
| Other amounts payable | 47/48 | €98,779 | €100,882 | +€2,102 | +2.1% |
| Other operating charges | 640/8 | €1,231 | €1,247 | +€16 | +1.3% |
| Gross operating margin | 9900 | -€975 | -€855 | +€120 | +12.3% |
| Operating profit (loss) | 9901 | -€2,206 | -€2,102 | +€103 | +4.7% |
| Financial income | 75/76B | €14,968 | €69,015 | +€54,047 | +361.1% |
| Recurring financial income | 75 | €14,968 | €69,015 | +€54,047 | +361.1% |
| Financial charges | 65/66B | €33,462 | - | -€33,462 | |
| Recurring financial charges | 65 | €33,462 | - | -€33,462 | |
| Profit (loss) for the period before taxes | 9903 | -€20,700 | €66,913 | +€87,613 | |
| Profit (loss) for the period | 9904 | -€20,700 | €66,913 | +€87,613 | |
| Profit (loss) for the period to be appropriated | 9905 | -€20,700 | €66,913 | +€87,613 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.