GEMI-Tech: 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.
GEMI-Tech
Largest movements
- Cash +€7,994
up €7,994 (+5.4%), from €149,121 to €157,115
mainly Other debts (+€5,245) and Net result for the year (+€5,043)
- Receivables within one year +€3,543
up €3,543 (+19.4%), from €18,251 to €21,793
of which Other amounts receivable: +€3,018
- Other debts +€5,245
up €5,245 (+9.9%), from €52,901 to €58,146
- Reserves +€5,000
up €5,000 (+4.7%), from €107,249 to €112,249
- Gross operating margin -€35,697
down €35,697 (-68.6%), from €52,009 to €16,311
- Taxes -€4,784
down €4,784 (-53.1%), from €9,017 to €4,233
- Depreciation -€2,939
down €2,939 (-80.8%), from €3,635 to €696
- Other operating charges -€1,644
down €1,644 (-40.8%), from €4,025 to €2,381
- Financial charges +€1,204
up €1,204 (+43.6%), from €2,759 to €3,963
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 | €182,860 | €192,846 | +€9,986 | +5.5% |
| Fixed assets | 21/28 | €6,911 | €6,236 | -€676 | -9.8% |
| Tangible fixed assets | 22/27 | €6,665 | €5,969 | -€696 | -10.4% |
| Land and buildings | 22 | €4,133 | €3,911 | -€222 | -5.4% |
| Plant, machinery and equipment | 23 | €1,312 | €1,168 | -€144 | -11.0% |
| Other tangible fixed assets | 26 | €1,221 | €891 | -€330 | -27.0% |
| Financial fixed assets | 28 | €246 | €267 | +€21 | +8.5% |
| Current assets | 29/58 | €175,949 | €186,611 | +€10,662 | +6.1% |
| Stocks and contracts in progress | 3 | €5,858 | €6,129 | +€270 | +4.6% |
| Stocks | 30/36 | €5,858 | €6,129 | +€270 | +4.6% |
| Amounts receivable within one year | 40/41 | €18,251 | €21,793 | +€3,543 | +19.4% |
| Trade receivables | 40 | €10,251 | €10,775 | +€525 | +5.1% |
| Other amounts receivable | 41 | €8,000 | €11,018 | +€3,018 | +37.7% |
| Cash at bank and in hand | 54/58 | €149,121 | €157,115 | +€7,994 | +5.4% |
| Deferred charges and accrued income | 490/1 | €2,720 | €1,574 | -€1,145 | -42.1% |
| Total equity and liabilities | 10/49 | €182,860 | €192,846 | +€9,986 | +5.5% |
| Equity | 10/15 | €117,109 | €122,152 | +€5,043 | +4.3% |
| Contributions | 10/11 | €8,184 | €8,184 | = | 0.0% |
| Reserves | 13 | €107,249 | €112,249 | +€5,000 | +4.7% |
| Distributable reserves | 133 | €107,249 | €112,249 | +€5,000 | +4.7% |
| Profit (loss) carried forward | 14 | €1,676 | €1,719 | +€43 | +2.6% |
| Amounts payable | 17/49 | €65,751 | €70,694 | +€4,943 | +7.5% |
| Amounts payable within one year | 42/48 | €65,751 | €70,694 | +€4,943 | +7.5% |
| Trade debts | 44 | €2,249 | €3,745 | +€1,496 | +66.5% |
| Suppliers | 440/4 | €2,249 | €3,745 | +€1,496 | +66.5% |
| Taxes, remuneration and social security | 45 | €10,602 | €8,804 | -€1,798 | -17.0% |
| Taxes | 450/3 | €10,602 | €8,804 | -€1,798 | -17.0% |
| Other amounts payable | 47/48 | €52,901 | €58,146 | +€5,245 | +9.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,635 | €696 | -€2,939 | -80.8% |
| Other operating charges | 640/8 | €4,025 | €2,381 | -€1,644 | -40.8% |
| Gross operating margin | 9900 | €52,009 | €16,311 | -€35,697 | -68.6% |
| Operating profit (loss) | 9901 | €44,349 | €13,234 | -€31,115 | -70.2% |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €2,759 | €3,963 | +€1,204 | +43.6% |
| Recurring financial charges | 65 | €2,759 | €3,963 | +€1,204 | +43.6% |
| Profit (loss) for the period before taxes | 9903 | €41,590 | €9,276 | -€32,314 | -77.7% |
| Income taxes | 67/77 | €9,017 | €4,233 | -€4,784 | -53.1% |
| Profit (loss) for the period | 9904 | €32,573 | €5,043 | -€27,530 | -84.5% |
| Profit (loss) for the period to be appropriated | 9905 | €32,573 | €5,043 | -€27,530 | -84.5% |
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 14 October 2026 via checked.be.