GEMINI GIFT: 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 GIFT
Largest movements
- Receivables within one year -€44,402
down €44,402 (-14.0%), from €316,964 to €272,562
of which Trade receivables: -€48,106
- Cash -€41,339
down €41,339 (-86.3%), from €47,892 to €6,553
mainly Trade debts (-€28,630) and Stocks and contracts (-€28,201)
- Stocks and contracts +€28,201
up €28,201 (+143%), from €19,672 to €47,873
- Tangible fixed assets +€7,156
up €7,156 (+35.6%), from €20,082 to €27,237
of which Other tangible fixed assets: +€10,373
- Trade debts -€28,630
down €28,630 (-17.2%), from €166,021 to €137,391
- Other debts -€21,626
down €21,626 (-19.4%), from €111,661 to €90,035
- Tax, wage and social debts +€8,218
up €8,218 (+28.6%), from €28,718 to €36,936
of which Remuneration and social security: +€15,293
- Current portion of long-term debt -€4,476
down €4,476 (-56.8%), from €7,886 to €3,411
- Staff costs +€26,958
up €26,958 (+73.3%), from €36,755 to €63,712
- Gross operating margin -€7,071
down €7,071 (-9.1%), from €77,407 to €70,336
- Taxes -€3,500
no longer reported in 2025 (was €3,500)
- Financial charges -€1,713
down €1,713 (-40.7%), from €4,206 to €2,493
- Other operating charges -€1,229
down €1,229 (-54.0%), from €2,278 to €1,049
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 | €407,363 | €357,667 | -€49,696 | -12.2% |
| Fixed assets | 21/28 | €21,338 | €30,193 | +€8,856 | +41.5% |
| Tangible fixed assets | 22/27 | €20,082 | €27,237 | +€7,156 | +35.6% |
| Plant, machinery and equipment | 23 | €10,427 | €7,703 | -€2,724 | -26.1% |
| Furniture and vehicles | 24 | €846 | €352 | -€493 | -58.3% |
| Other tangible fixed assets | 26 | €8,809 | €19,182 | +€10,373 | +118% |
| Financial fixed assets | 28 | €1,256 | €2,956 | +€1,700 | +135% |
| Current assets | 29/58 | €386,025 | €327,473 | -€58,552 | -15.2% |
| Stocks and contracts in progress | 3 | €19,672 | €47,873 | +€28,201 | +143% |
| Stocks | 30/36 | €19,672 | €47,873 | +€28,201 | +143% |
| Amounts receivable within one year | 40/41 | €316,964 | €272,562 | -€44,402 | -14.0% |
| Trade receivables | 40 | €312,712 | €264,607 | -€48,106 | -15.4% |
| Other amounts receivable | 41 | €4,252 | €7,955 | +€3,703 | +87.1% |
| Cash at bank and in hand | 54/58 | €47,892 | €6,553 | -€41,339 | -86.3% |
| Deferred charges and accrued income | 490/1 | €1,497 | €485 | -€1,012 | -67.6% |
| Total equity and liabilities | 10/49 | €407,363 | €357,667 | -€49,696 | -12.2% |
| Equity | 10/15 | €57,154 | €54,691 | -€2,463 | -4.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,694 | €34,231 | -€2,463 | -6.7% |
| Amounts payable | 17/49 | €350,209 | €302,976 | -€47,233 | -13.5% |
| Amounts payable after more than one year | 17 | €35,923 | €35,000 | -€923 | -2.6% |
| Financial debts | 170/4 | €35,923 | €35,000 | -€923 | -2.6% |
| Amounts payable within one year | 42/48 | €314,286 | €267,773 | -€46,513 | -14.8% |
| Current portion of amounts payable after more than one year | 42 | €7,886 | €3,411 | -€4,476 | -56.8% |
| Trade debts | 44 | €166,021 | €137,391 | -€28,630 | -17.2% |
| Suppliers | 440/4 | €166,021 | €137,391 | -€28,630 | -17.2% |
| Taxes, remuneration and social security | 45 | €28,718 | €36,936 | +€8,218 | +28.6% |
| Taxes | 450/3 | €11,978 | €4,904 | -€7,074 | -59.1% |
| Remuneration and social security | 454/9 | €16,740 | €32,032 | +€15,293 | +91.4% |
| Other amounts payable | 47/48 | €111,661 | €90,035 | -€21,626 | -19.4% |
| Accrued charges and deferred income | 492/3 | - | €203 | +€203 | |
| Remuneration, social security and pensions | 62 | €36,755 | €63,712 | +€26,958 | +73.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,994 | €5,814 | -€180 | -3.0% |
| Other operating charges | 640/8 | €2,278 | €1,049 | -€1,229 | -54.0% |
| Non-recurring operating charges | 66A | €872 | - | -€872 | |
| Gross operating margin | 9900 | €77,407 | €70,336 | -€7,071 | -9.1% |
| Operating profit (loss) | 9901 | €31,509 | -€239 | -€31,748 | |
| Financial income | 75/76B | €1,060 | €269 | -€791 | -74.6% |
| Recurring financial income | 75 | €1,060 | €269 | -€791 | -74.6% |
| Financial charges | 65/66B | €4,206 | €2,493 | -€1,713 | -40.7% |
| Recurring financial charges | 65 | €4,206 | €2,493 | -€1,713 | -40.7% |
| Profit (loss) for the period before taxes | 9903 | €28,364 | -€2,463 | -€30,826 | |
| Income taxes | 67/77 | €3,500 | - | -€3,500 | |
| Profit (loss) for the period | 9904 | €24,863 | -€2,463 | -€27,326 | |
| Profit (loss) for the period to be appropriated | 9905 | €24,863 | -€2,463 | -€27,326 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.