GEMINI SURVEYS: 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 SURVEYS
Largest movements
- Receivables within one year +€103,289
up €103,289 (+176%), from €58,831 to €162,120
of which Trade receivables: +€113,096
- Tangible fixed assets -€11,695
down €11,695 (-59.9%), from €19,517 to €7,822
- Cash -€11,170
down €11,170 (-13.2%), from €84,328 to €73,158
mainly Contributions, distributions and other (-€132,000) and Receivables within one year (-€103,289)
- Other debts +€54,000
up €54,000 (+41.2%), from €130,918 to €184,918
- Trade debts +€38,548
up €38,548 (+353%), from €10,906 to €49,454
- Current portion of long-term debt -€10,472
down €10,472 (-66.1%), from €15,831 to €5,359
- Debts after one year -€5,359
down €5,359 (-100%), from €5,359 to €0
- Profit (loss) carried forward +€2,831
up €2,831 (+66.5%), from €4,260 to €7,091
- Depreciation -€7,357
down €7,357 (-33.4%), from €21,997 to €14,640
- Gross operating margin +€4,979
up €4,979 (+2.6%), from €188,977 to €193,956
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 | €189,481 | €270,998 | +€81,517 | +43.0% |
| Fixed assets | 21/28 | €24,241 | €12,546 | -€11,695 | -48.2% |
| Tangible fixed assets | 22/27 | €19,517 | €7,822 | -€11,695 | -59.9% |
| Furniture and vehicles | 24 | €19,517 | €7,822 | -€11,695 | -59.9% |
| Financial fixed assets | 28 | €4,724 | €4,724 | = | 0.0% |
| Current assets | 29/58 | €165,240 | €258,452 | +€93,212 | +56.4% |
| Amounts receivable within one year | 40/41 | €58,831 | €162,120 | +€103,289 | +176% |
| Trade receivables | 40 | €41,412 | €154,508 | +€113,096 | +273% |
| Other amounts receivable | 41 | €17,418 | €7,612 | -€9,807 | -56.3% |
| Cash at bank and in hand | 54/58 | €84,328 | €73,158 | -€11,170 | -13.2% |
| Deferred charges and accrued income | 490/1 | €22,081 | €23,174 | +€1,093 | +4.9% |
| Total equity and liabilities | 10/49 | €189,481 | €270,998 | +€81,517 | +43.0% |
| Equity | 10/15 | €24,720 | €27,551 | +€2,831 | +11.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,260 | €7,091 | +€2,831 | +66.5% |
| Amounts payable | 17/49 | €164,761 | €243,446 | +€78,685 | +47.8% |
| Amounts payable after more than one year | 17 | €5,359 | €0 | -€5,359 | -100% |
| Financial debts | 170/4 | €5,359 | €0 | -€5,359 | -100% |
| Amounts payable within one year | 42/48 | €157,655 | €241,633 | +€83,978 | +53.3% |
| Current portion of amounts payable after more than one year | 42 | €15,831 | €5,359 | -€10,472 | -66.1% |
| Trade debts | 44 | €10,906 | €49,454 | +€38,548 | +353% |
| Suppliers | 440/4 | €10,906 | €49,454 | +€38,548 | +353% |
| Taxes, remuneration and social security | 45 | €0 | €1,902 | +€1,902 | |
| Taxes | 450/3 | €0 | €1,902 | +€1,902 | |
| Other amounts payable | 47/48 | €130,918 | €184,918 | +€54,000 | +41.2% |
| Accrued charges and deferred income | 492/3 | €1,747 | €1,813 | +€66 | +3.8% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,997 | €14,640 | -€7,357 | -33.4% |
| Other operating charges | 640/8 | €1,563 | €1,735 | +€173 | +11.0% |
| Gross operating margin | 9900 | €188,977 | €193,956 | +€4,979 | +2.6% |
| Operating profit (loss) | 9901 | €165,417 | €177,581 | +€12,163 | +7.4% |
| Financial income | 75/76B | €289 | €721 | +€432 | +150% |
| Recurring financial income | 75 | €289 | €721 | +€432 | +150% |
| Financial charges | 65/66B | €1,186 | €1,568 | +€381 | +32.2% |
| Recurring financial charges | 65 | €1,186 | €1,568 | +€381 | +32.2% |
| Profit (loss) for the period before taxes | 9903 | €164,520 | €176,734 | +€12,214 | +7.4% |
| Income taxes | 67/77 | €41,876 | €41,902 | +€26 | +0.1% |
| Profit (loss) for the period | 9904 | €122,643 | €134,831 | +€12,188 | +9.9% |
| Profit (loss) for the period to be appropriated | 9905 | €122,643 | €134,831 | +€12,188 | +9.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.