GEMIKA: 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.
GEMIKA
Largest movements
- Receivables within one year +€310,792
up €310,792 (+13.9%), from €2.2m to €2.6m
of which Other amounts receivable: +€303,420
- Tangible fixed assets -€261,204
down €261,204 (-90.4%), from €288,900 to €27,695
of which Land and buildings: -€284,939
No liability line moved by more than 1% of the balance sheet total.
- Financial charges +€48,706
up €48,706 (+1286.2%), from €3,787 to €52,493
- Gross operating margin -€28,474
down €28,474, from €25,847 to -€2,627
- Taxes -€16,408
down €16,408 (-56.0%), from €29,302 to €12,894
- Financial income +€6,579
up €6,579 (+6.3%), from €104,740 to €111,319
- Depreciation +€3,832
up €3,832 (+82.7%), from €4,634 to €8,466
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 | €3,478,906 | €3,539,765 | +€60,859 | +1.7% |
| Fixed assets | 21/28 | €1,234,639 | €973,434 | -€261,204 | -21.2% |
| Tangible fixed assets | 22/27 | €288,900 | €27,695 | -€261,204 | -90.4% |
| Land and buildings | 22 | €284,939 | - | -€284,939 | |
| Furniture and vehicles | 24 | €3,961 | €27,695 | +€23,734 | +599.2% |
| Financial fixed assets | 28 | €945,739 | €945,739 | = | 0.0% |
| Current assets | 29/58 | €2,244,267 | €2,566,331 | +€322,064 | +14.4% |
| Amounts receivable within one year | 40/41 | €2,241,336 | €2,552,127 | +€310,792 | +13.9% |
| Trade receivables | 40 | €36,414 | €43,785 | +€7,371 | +20.2% |
| Other amounts receivable | 41 | €2,204,922 | €2,508,342 | +€303,420 | +13.8% |
| Cash at bank and in hand | 54/58 | €433 | €13,752 | +€13,319 | +3076.6% |
| Deferred charges and accrued income | 490/1 | €2,498 | €452 | -€2,046 | -81.9% |
| Total equity and liabilities | 10/49 | €3,478,906 | €3,539,765 | +€60,859 | +1.7% |
| Equity | 10/15 | €2,098,706 | €2,127,749 | +€29,043 | +1.4% |
| Contributions | 10/11 | €74,368 | €74,368 | = | 0.0% |
| Capital | 10 | €74,368 | €74,368 | = | 0.0% |
| Issued capital | 100 | €74,368 | €74,368 | = | 0.0% |
| Reserves | 13 | €1,795,042 | €1,795,042 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,437 | €7,437 | = | 0.0% |
| Legal reserve | 130 | €7,437 | €7,437 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,326,131 | €1,326,131 | = | 0.0% |
| Distributable reserves | 133 | €461,474 | €461,474 | = | 0.0% |
| Profit (loss) carried forward | 14 | €229,296 | €258,339 | +€29,043 | +12.7% |
| Provisions and deferred taxes | 16 | €442,044 | €442,044 | = | 0.0% |
| Deferred taxes | 168 | €442,044 | €442,044 | = | 0.0% |
| Amounts payable | 17/49 | €938,156 | €969,972 | +€31,816 | +3.4% |
| Amounts payable after more than one year | 17 | €160,001 | €176,418 | +€16,417 | +10.3% |
| Financial debts | 170/4 | €160,001 | €176,418 | +€16,417 | +10.3% |
| Amounts payable within one year | 42/48 | €778,143 | €790,836 | +€12,692 | +1.6% |
| Current portion of amounts payable after more than one year | 42 | - | €9,432 | +€9,432 | |
| Trade debts | 44 | €20,905 | €42,282 | +€21,377 | +102.3% |
| Suppliers | 440/4 | €20,905 | €42,282 | +€21,377 | +102.3% |
| Taxes, remuneration and social security | 45 | €29,451 | €13,386 | -€16,065 | -54.5% |
| Taxes | 450/3 | €29,451 | €13,386 | -€16,065 | -54.5% |
| Other amounts payable | 47/48 | €727,787 | €725,735 | -€2,052 | -0.3% |
| Accrued charges and deferred income | 492/3 | €11 | €2,719 | +€2,708 | +24067.6% |
| Non-recurring operating income | 76A | €13,600 | €11,250 | -€2,350 | -17.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,634 | €8,466 | +€3,832 | +82.7% |
| Other operating charges | 640/8 | €4,517 | €5,797 | +€1,279 | +28.3% |
| Non-recurring operating charges | 66A | €10,000 | - | -€10,000 | |
| Gross operating margin | 9900 | €25,847 | -€2,627 | -€28,474 | |
| Operating profit (loss) | 9901 | €6,696 | -€16,890 | -€23,585 | |
| Financial income | 75/76B | €104,740 | €111,319 | +€6,579 | +6.3% |
| Recurring financial income | 75 | €104,740 | €111,319 | +€6,579 | +6.3% |
| Financial charges | 65/66B | €3,787 | €52,493 | +€48,706 | +1286.2% |
| Recurring financial charges | 65 | €3,787 | €52,493 | +€48,706 | +1286.2% |
| Profit (loss) for the period before taxes | 9903 | €107,649 | €41,937 | -€65,712 | -61.0% |
| Income taxes | 67/77 | €29,302 | €12,894 | -€16,408 | -56.0% |
| Profit (loss) for the period | 9904 | €78,347 | €29,043 | -€49,303 | -62.9% |
| Profit (loss) for the period to be appropriated | 9905 | €78,347 | €29,043 | -€49,303 | -62.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.