GEMILI: 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.
GEMILI
Largest movements
- Receivables within one year +€300,650
up €300,650 (+1.4%), from €21.0m to €21.3m
of which Trade receivables: +€199,541
- Profit (loss) carried forward +€283,316
up €283,316 (+1.3%), from €22.3m to €22.6m
- Financial income +€495,376
up €495,376 (+404.2%), from €122,552 to €617,928
of which Non-recurring financial income: +€602,364
- Gross operating margin -€242,843
down €242,843 (-431.4%), from -€56,292 to -€299,135
- Financial charges -€36,238
down €36,238 (-57.2%), from €63,353 to €27,115
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
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 | €23,328,493 | €23,603,164 | +€274,671 | +1.2% |
| Fixed assets | 21/28 | €494,604 | €488,612 | -€5,991 | -1.2% |
| Tangible fixed assets | 22/27 | €14,404 | €8,412 | -€5,991 | -41.6% |
| Furniture and vehicles | 24 | €14,404 | €8,412 | -€5,991 | -41.6% |
| Financial fixed assets | 28 | €480,200 | €480,200 | = | 0.0% |
| Current assets | 29/58 | €22,833,889 | €23,114,551 | +€280,662 | +1.2% |
| Amounts receivable after more than one year | 29 | €1,500,000 | €1,500,000 | = | 0.0% |
| Trade receivables | 290 | €1,500,000 | €1,500,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €21,001,074 | €21,301,724 | +€300,650 | +1.4% |
| Trade receivables | 40 | €103,067 | €302,608 | +€199,541 | +193.6% |
| Other amounts receivable | 41 | €20,898,007 | €20,999,116 | +€101,109 | +0.5% |
| Current investments | 50/53 | - | €341 | +€341 | |
| Cash at bank and in hand | 54/58 | €14,735 | €5,433 | -€9,302 | -63.1% |
| Deferred charges and accrued income | 490/1 | €318,080 | €307,052 | -€11,028 | -3.5% |
| Total equity and liabilities | 10/49 | €23,328,493 | €23,603,164 | +€274,671 | +1.2% |
| Equity | 10/15 | €22,386,505 | €22,669,822 | +€283,316 | +1.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,318,305 | €22,601,622 | +€283,316 | +1.3% |
| Amounts payable | 17/49 | €941,987 | €933,342 | -€8,646 | -0.9% |
| Amounts payable within one year | 42/48 | €941,987 | €933,342 | -€8,646 | -0.9% |
| Trade debts | 44 | €9,032 | €630 | -€8,402 | -93.0% |
| Suppliers | 440/4 | €9,032 | €630 | -€8,402 | -93.0% |
| Other amounts payable | 47/48 | €932,956 | €932,712 | -€244 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,991 | €5,991 | = | 0.0% |
| Other operating charges | 640/8 | €2,594 | €1,890 | -€704 | -27.2% |
| Gross operating margin | 9900 | -€56,292 | -€299,135 | -€242,843 | -431.4% |
| Operating profit (loss) | 9901 | -€64,877 | -€307,016 | -€242,138 | -373.2% |
| Financial income | 75/76B | €122,552 | €617,928 | +€495,376 | +404.2% |
| Recurring financial income | 75 | €122,552 | €15,564 | -€106,988 | -87.3% |
| Non-recurring financial income | 76B | - | €602,364 | +€602,364 | |
| Financial charges | 65/66B | €63,353 | €27,115 | -€36,238 | -57.2% |
| Recurring financial charges | 65 | €63,353 | €27,115 | -€36,238 | -57.2% |
| Profit (loss) for the period before taxes | 9903 | -€5,678 | €283,797 | +€289,475 | |
| Income taxes | 67/77 | €9 | €480 | +€471 | +5065.4% |
| Profit (loss) for the period | 9904 | -€5,688 | €283,316 | +€289,004 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,688 | €283,316 | +€289,004 |
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 3 October 2026 via checked.be.