Geminae Consult: 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.
Geminae Consult
Largest movements
- Cash -€29,250
down €29,250 (-33.4%), from €87,556 to €58,306
mainly Net result for the year (-€36,265) and Tax, wage and social debts (-€32,684)
- Current investments -€16,123
down €16,123 (-15.3%), from €105,245 to €89,123
- Receivables within one year -€12,580
down €12,580 (-67.0%), from €18,788 to €6,207
- Tangible fixed assets -€9,126
down €9,126 (-36.2%), from €25,203 to €16,077
of which Furniture and vehicles: -€7,275
- Reserves -€36,265
down €36,265 (-20.3%), from €178,785 to €142,521
- Tax, wage and social debts -€32,684
down €32,684 (-60.0%), from €54,494 to €21,810
- Trade debts +€2,446
up €2,446 (+65.8%), from €3,715 to €6,161
- Gross operating margin -€118,841
down €118,841, from €91,433 to -€27,409
- Taxes -€20,278
down €20,278 (-98.3%), from €20,619 to €341
- Financial income +€5,132
up €5,132 (+51,315,900%), from €0 to €5,132
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 | €242,730 | €176,177 | -€66,553 | -27.4% |
| Fixed assets | 21/28 | €25,203 | €16,077 | -€9,126 | -36.2% |
| Tangible fixed assets | 22/27 | €25,203 | €16,077 | -€9,126 | -36.2% |
| Plant, machinery and equipment | 23 | €2,075 | €1,754 | -€321 | -15.5% |
| Furniture and vehicles | 24 | €8,709 | €1,434 | -€7,275 | -83.5% |
| Other tangible fixed assets | 26 | €14,420 | €12,890 | -€1,530 | -10.6% |
| Current assets | 29/58 | €217,527 | €160,100 | -€57,427 | -26.4% |
| Amounts receivable within one year | 40/41 | €18,788 | €6,207 | -€12,580 | -67.0% |
| Trade receivables | 40 | €18,788 | €6,207 | -€12,580 | -67.0% |
| Current investments | 50/53 | €105,245 | €89,123 | -€16,123 | -15.3% |
| Cash at bank and in hand | 54/58 | €87,556 | €58,306 | -€29,250 | -33.4% |
| Deferred charges and accrued income | 490/1 | €5,937 | €6,464 | +€526 | +8.9% |
| Total equity and liabilities | 10/49 | €242,730 | €176,177 | -€66,553 | -27.4% |
| Equity | 10/15 | €183,785 | €147,521 | -€36,265 | -19.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €178,785 | €142,521 | -€36,265 | -20.3% |
| Distributable reserves | 133 | €178,785 | €142,521 | -€36,265 | -20.3% |
| Amounts payable | 17/49 | €58,944 | €28,656 | -€30,288 | -51.4% |
| Amounts payable within one year | 42/48 | €58,895 | €28,656 | -€30,239 | -51.3% |
| Trade debts | 44 | €3,715 | €6,161 | +€2,446 | +65.8% |
| Suppliers | 440/4 | €3,715 | €6,161 | +€2,446 | +65.8% |
| Taxes, remuneration and social security | 45 | €54,494 | €21,810 | -€32,684 | -60.0% |
| Taxes | 450/3 | €54,494 | €21,810 | -€32,684 | -60.0% |
| Other amounts payable | 47/48 | €685 | €685 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €50 | - | -€50 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,072 | €10,427 | +€354 | +3.5% |
| Other operating charges | 640/8 | €966 | €997 | +€31 | +3.2% |
| Non-recurring operating charges | 66A | - | €255 | +€255 | |
| Gross operating margin | 9900 | €91,433 | -€27,409 | -€118,841 | |
| Operating profit (loss) | 9901 | €80,394 | -€39,087 | -€119,482 | |
| Financial income | 75/76B | €0 | €5,132 | +€5,132 | +51,315,900% |
| Recurring financial income | 75 | €0 | €5,132 | +€5,132 | +51,315,900% |
| Financial charges | 65/66B | €1,771 | €1,968 | +€197 | +11.1% |
| Recurring financial charges | 65 | €1,771 | €1,968 | +€197 | +11.1% |
| Profit (loss) for the period before taxes | 9903 | €78,623 | -€35,924 | -€114,547 | |
| Income taxes | 67/77 | €20,619 | €341 | -€20,278 | -98.3% |
| Profit (loss) for the period | 9904 | €58,005 | -€36,265 | -€94,269 | |
| Profit (loss) for the period to be appropriated | 9905 | €58,005 | -€36,265 | -€94,269 |
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 15 October 2026 via checked.be.