GEMINI CONSULTING: 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.
GEMINI CONSULTING
Largest movements
- Receivables within one year -€525,986
down €525,986 (-66.3%), from €793,683 to €267,697
of which Trade receivables: -€493,747
- Tangible fixed assets +€135,394
up €135,394 (+8.9%), from €1.5m to €1.7m
of which Land and buildings: +€135,891
- Cash +€55,287
up €55,287 (+56.6%), from €97,764 to €153,051
mainly Receivables within one year (+€525,986) and Net result for the year (+€287,596)
- Current investments -€51,514
down €51,514 (-64.8%), from €79,517 to €28,004
- Trade debts -€575,634
down €575,634 (-95.5%), from €602,717 to €27,083
- Reserves +€137,596
up €137,596 (+22.4%), from €614,163 to €751,759
- Tax, wage and social debts +€90,186
up €90,186 (+86.7%), from €103,964 to €194,150
of which Taxes: +€90,186
- Debts after one year -€45,678
down €45,678 (-4.3%), from €1.1m to €1.0m
- Gross operating margin +€242,701
up €242,701 (+126%), from €193,377 to €436,078
- Taxes +€72,031
up €72,031 (+319%), from €22,564 to €94,594
- Financial income +€26,898
up €26,898 (+175%), from €15,352 to €42,249
- Depreciation -€12,020
down €12,020 (-18.0%), from €66,827 to €54,806
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 | €2,501,185 | €2,119,490 | -€381,695 | -15.3% |
| Fixed assets | 21/28 | €1,526,156 | €1,661,550 | +€135,394 | +8.9% |
| Tangible fixed assets | 22/27 | €1,526,156 | €1,661,550 | +€135,394 | +8.9% |
| Land and buildings | 22 | €1,525,343 | €1,661,233 | +€135,891 | +8.9% |
| Furniture and vehicles | 24 | €813 | €317 | -€497 | -61.1% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Current assets | 29/58 | €975,029 | €457,940 | -€517,090 | -53.0% |
| Amounts receivable within one year | 40/41 | €793,683 | €267,697 | -€525,986 | -66.3% |
| Trade receivables | 40 | €529,058 | €35,311 | -€493,747 | -93.3% |
| Other amounts receivable | 41 | €264,626 | €232,386 | -€32,239 | -12.2% |
| Current investments | 50/53 | €79,517 | €28,004 | -€51,514 | -64.8% |
| Cash at bank and in hand | 54/58 | €97,764 | €153,051 | +€55,287 | +56.6% |
| Deferred charges and accrued income | 490/1 | €4,064 | €9,188 | +€5,124 | +126% |
| Total equity and liabilities | 10/49 | €2,501,185 | €2,119,490 | -€381,695 | -15.3% |
| Equity | 10/15 | €632,763 | €770,359 | +€137,596 | +21.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €614,163 | €751,759 | +€137,596 | +22.4% |
| Distributable reserves | 133 | €614,163 | €751,759 | +€137,596 | +22.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €1,868,422 | €1,349,131 | -€519,291 | -27.8% |
| Amounts payable after more than one year | 17 | €1,058,978 | €1,013,300 | -€45,678 | -4.3% |
| Financial debts | 170/4 | €1,058,978 | €1,013,300 | -€45,678 | -4.3% |
| Amounts payable within one year | 42/48 | €749,444 | €265,831 | -€483,613 | -64.5% |
| Current portion of amounts payable after more than one year | 42 | €42,763 | €44,598 | +€1,835 | +4.3% |
| Trade debts | 44 | €602,717 | €27,083 | -€575,634 | -95.5% |
| Suppliers | 440/4 | €602,717 | €27,083 | -€575,634 | -95.5% |
| Taxes, remuneration and social security | 45 | €103,964 | €194,150 | +€90,186 | +86.7% |
| Taxes | 450/3 | €103,964 | €194,150 | +€90,186 | +86.7% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €60,000 | €70,000 | +€10,000 | +16.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €66,827 | €54,806 | -€12,020 | -18.0% |
| Other operating charges | 640/8 | €970 | €1,357 | +€388 | +40.0% |
| Non-recurring operating charges | 66A | €14,788 | €0 | -€14,788 | -100% |
| Gross operating margin | 9900 | €193,377 | €436,078 | +€242,701 | +126% |
| Operating profit (loss) | 9901 | €110,793 | €379,915 | +€269,122 | +243% |
| Financial income | 75/76B | €15,352 | €42,249 | +€26,898 | +175% |
| Recurring financial income | 75 | €15,352 | €42,249 | +€26,898 | +175% |
| Financial charges | 65/66B | €37,515 | €39,974 | +€2,459 | +6.6% |
| Recurring financial charges | 65 | €37,515 | €39,974 | +€2,459 | +6.6% |
| Profit (loss) for the period before taxes | 9903 | €88,630 | €382,190 | +€293,560 | +331% |
| Income taxes | 67/77 | €22,564 | €94,594 | +€72,031 | +319% |
| Profit (loss) for the period | 9904 | €66,066 | €287,596 | +€221,529 | +335% |
| Profit (loss) for the period to be appropriated | 9905 | €66,066 | €287,596 | +€221,529 | +335% |
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 16 October 2026 via checked.be.