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GEMINI: 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.

What changed

GEMINI

BE 0446.142.689
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€183
2023 · €265-€448
Equity
€34,500
2023 · €34,683-€183
Cash
€39,139
2023 · €29,050+€10,090
Balance sheet total
€51,637
2023 · €44,083+€7,554

Largest movements

2023 to 2024
Assets
  • Cash +€10,090

    up €10,090 (+34.7%), from €29,050 to €39,139

    mainly Other debts (+€7,262) and Receivables within one year (+€2,536)

  • Receivables within one year -€2,536

    down €2,536 (-16.9%), from €15,034 to €12,498

    of which Trade receivables: -€2,525

Equity and liabilities
  • Other debts +€7,262

    up €7,262 (+110.9%), from €6,547 to €13,809

  • Trade debts +€784

    up €784 (+42.3%), from €1,851 to €2,635

Income statement
  • Gross operating margin -€966

    down €966 (-59.2%), from €1,632 to €666

  • Other operating charges -€366

    down €366 (-49.3%), from €742 to €376

  • Taxes -€177

    down €177 (-40.8%), from €435 to €258

  • Financial charges +€25

    up €25 (+13.1%), from €190 to €215

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 €265
Gross operating margin -€966
Other operating charges +€366
Financial charges -€25
Taxes +€177
Result 2024 -€183

Cash bridge derived

cash 2023 to 2024

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.

From operations +€10,090
Investment €0
Financing €0
Cash 2023 €29,050
Net result for the year -€183
Receivables within one year +€2,536
Trade debts +€784
Tax, wage and social debts -€309
Other debts +€7,262
Cash 2024 €39,139
Every line side by side 30 lines
Line Code 2023 2024 Change %
Total assets 20/58 €44,083 €51,637 +€7,554 +17.1%
Current assets 29/58 €44,083 €51,637 +€7,554 +17.1%
Amounts receivable within one year 40/41 €15,034 €12,498 -€2,536 -16.9%
Trade receivables 40 €14,465 €11,940 -€2,525 -17.5%
Other amounts receivable 41 €569 €558 -€11 -1.9%
Cash at bank and in hand 54/58 €29,050 €39,139 +€10,090 +34.7%
Total equity and liabilities 10/49 €44,083 €51,637 +€7,554 +17.1%
Equity 10/15 €34,683 €34,500 -€183 -0.5%
Contributions 10/11 €12,395 €12,395 = 0.0%
Reserves 13 €8,441 €8,441 = 0.0%
Non-distributable reserves 130/1 €1,859 €1,859 = 0.0%
Reserves not available under the articles 1311 €1,859 €1,859 = 0.0%
Distributable reserves 133 €6,581 €6,581 = 0.0%
Profit (loss) carried forward 14 €13,847 €13,665 -€183 -1.3%
Amounts payable 17/49 €9,401 €17,137 +€7,737 +82.3%
Amounts payable within one year 42/48 €9,401 €17,137 +€7,737 +82.3%
Trade debts 44 €1,851 €2,635 +€784 +42.3%
Suppliers 440/4 €1,851 €2,635 +€784 +42.3%
Taxes, remuneration and social security 45 €1,002 €693 -€309 -30.8%
Taxes 450/3 €1,002 €693 -€309 -30.8%
Other amounts payable 47/48 €6,547 €13,809 +€7,262 +110.9%
Other operating charges 640/8 €742 €376 -€366 -49.3%
Gross operating margin 9900 €1,632 €666 -€966 -59.2%
Operating profit (loss) 9901 €891 €290 -€600 -67.4%
Financial charges 65/66B €190 €215 +€25 +13.1%
Recurring financial charges 65 €190 €215 +€25 +13.1%
Profit (loss) for the period before taxes 9903 €700 €75 -€625 -89.3%
Income taxes 67/77 €435 €258 -€177 -40.8%
Profit (loss) for the period 9904 €265 -€183 -€448
Profit (loss) for the period to be appropriated 9905 €265 -€183 -€448

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 28 September 2026 via checked.be.