GEMINI-ACT FLACK: 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.
GEMINI-ACT FLACK
Largest movements
- Cash +€2,973
up €2,973 (+36.7%), from €8,104 to €11,077
mainly Net result for the year (+€6,385) and Depreciation (+€3,431)
- Tangible fixed assets -€1,936
down €1,936 (-44.4%), from €4,362 to €2,426
of which Furniture and vehicles: -€1,433
- Receivables within one year +€1,631
up €1,631 (+109.3%), from €1,493 to €3,124
of which Trade receivables: +€1,453
- Deferred charges and accrued income +€472
up €472 (+28.2%), from €1,675 to €2,147
- Profit (loss) carried forward +€6,385
up €6,385 (+13.6%), from -€46,825 to -€40,440
- Other debts -€3,643
down €3,643 (-21.0%), from €17,391 to €13,748
- Advances received +€1,029
new in 2025: €1,029
- Trade debts -€734
no longer reported in 2025 (was €734)
- Gross operating margin +€3,603
up €3,603 (+45.3%), from €7,959 to €11,562
- Depreciation -€337
down €337 (-9.0%), from €3,768 to €3,431
- Other operating charges -€251
down €251 (-17.8%), from €1,413 to €1,162
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 | €15,634 | €18,773 | +€3,139 | +20.1% |
| Fixed assets | 21/28 | €4,362 | €2,426 | -€1,936 | -44.4% |
| Tangible fixed assets | 22/27 | €4,362 | €2,426 | -€1,936 | -44.4% |
| Plant, machinery and equipment | 23 | €473 | €100 | -€373 | -78.9% |
| Furniture and vehicles | 24 | €3,628 | €2,195 | -€1,433 | -39.5% |
| Other tangible fixed assets | 26 | €261 | €130 | -€131 | -50.0% |
| Current assets | 29/58 | €11,272 | €16,348 | +€5,076 | +45.0% |
| Amounts receivable within one year | 40/41 | €1,493 | €3,124 | +€1,631 | +109.3% |
| Trade receivables | 40 | €850 | €2,303 | +€1,453 | +170.9% |
| Other amounts receivable | 41 | €643 | €821 | +€178 | +27.7% |
| Cash at bank and in hand | 54/58 | €8,104 | €11,077 | +€2,973 | +36.7% |
| Deferred charges and accrued income | 490/1 | €1,675 | €2,147 | +€472 | +28.2% |
| Total equity and liabilities | 10/49 | €15,634 | €18,773 | +€3,139 | +20.1% |
| Equity | 10/15 | -€2,801 | €3,585 | +€6,386 | |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €23,564 | €23,564 | +€0 | 0.0% |
| Distributable reserves | 133 | €23,564 | €23,564 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | -€46,825 | -€40,440 | +€6,385 | +13.6% |
| Amounts payable | 17/49 | €18,435 | €15,188 | -€3,247 | -17.6% |
| Amounts payable within one year | 42/48 | €18,435 | €15,188 | -€3,247 | -17.6% |
| Trade debts | 44 | €734 | - | -€734 | |
| Suppliers | 440/4 | €734 | - | -€734 | |
| Advances received on contracts in progress | 46 | - | €1,029 | +€1,029 | |
| Taxes, remuneration and social security | 45 | €310 | €412 | +€102 | +33.0% |
| Taxes | 450/3 | €310 | €412 | +€102 | +33.0% |
| Other amounts payable | 47/48 | €17,391 | €13,748 | -€3,643 | -21.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,768 | €3,431 | -€337 | -9.0% |
| Other operating charges | 640/8 | €1,413 | €1,162 | -€251 | -17.8% |
| Gross operating margin | 9900 | €7,959 | €11,562 | +€3,603 | +45.3% |
| Operating profit (loss) | 9901 | €2,778 | €6,969 | +€4,191 | +150.9% |
| Financial income | 75/76B | €9 | €9 | -€0 | -0.6% |
| Recurring financial income | 75 | €9 | €9 | -€0 | -0.6% |
| Financial charges | 65/66B | €181 | €180 | -€1 | -0.3% |
| Recurring financial charges | 65 | €181 | €180 | -€1 | -0.3% |
| Profit (loss) for the period before taxes | 9903 | €2,606 | €6,798 | +€4,192 | +160.9% |
| Income taxes | 67/77 | €310 | €412 | +€102 | +33.0% |
| Profit (loss) for the period | 9904 | €2,296 | €6,385 | +€4,089 | +178.1% |
| Profit (loss) for the period to be appropriated | 9905 | €2,296 | €6,385 | +€4,089 | +178.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.