Geminipix: 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.
Geminipix
Largest movements
- Receivables within one year -€6,081
down €6,081 (-96.4%), from €6,311 to €229
of which Trade receivables: -€6,232
- Tangible fixed assets -€1,719
down €1,719 (-42.6%), from €4,035 to €2,316
- Cash +€1,271
up €1,271 (+141%), from €903 to €2,174
mainly Receivables within one year (+€6,081) and Trade debts (+€2,798)
- Profit (loss) carried forward -€5,199
down €5,199 (-18.9%), from -€27,551 to -€32,750
- Other debts -€4,267
down €4,267 (-41.1%), from €10,387 to €6,120
- Trade debts +€2,798
up €2,798 (+313%), from €893 to €3,691
- Depreciation -€2,490
down €2,490 (-58.1%), from €4,289 to €1,799
- Gross operating margin +€998
up €998 (+36.1%), from -€2,767 to -€1,769
- Write-downs +€720
new in 2024: €720
- Other operating charges -€335
down €335 (-50.7%), from €662 to €326
- Financial charges +€268
up €268 (+188%), from €143 to €411
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,932 | €6,242 | -€6,690 | -51.7% |
| Fixed assets | 21/28 | €5,387 | €3,588 | -€1,799 | -33.4% |
| Intangible fixed assets | 21 | €152 | €72 | -€80 | -52.5% |
| Tangible fixed assets | 22/27 | €4,035 | €2,316 | -€1,719 | -42.6% |
| Furniture and vehicles | 24 | €4,035 | €2,316 | -€1,719 | -42.6% |
| Financial fixed assets | 28 | €1,200 | €1,200 | = | 0.0% |
| Current assets | 29/58 | €7,545 | €2,654 | -€4,891 | -64.8% |
| Amounts receivable within one year | 40/41 | €6,311 | €229 | -€6,081 | -96.4% |
| Trade receivables | 40 | €6,311 | €78 | -€6,232 | -98.8% |
| Other amounts receivable | 41 | - | €151 | +€151 | |
| Cash at bank and in hand | 54/58 | €903 | €2,174 | +€1,271 | +141% |
| Deferred charges and accrued income | 490/1 | €332 | €251 | -€81 | -24.3% |
| Total equity and liabilities | 10/49 | €12,932 | €6,242 | -€6,690 | -51.7% |
| Equity | 10/15 | €1,290 | -€3,909 | -€5,199 | |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €16,442 | €16,442 | = | 0.0% |
| Non-distributable reserves | 130/1 | €942 | €942 | = | 0.0% |
| Reserves not available under the articles | 1311 | €942 | €942 | = | 0.0% |
| Tax-exempt reserves | 132 | €15,500 | €15,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,551 | -€32,750 | -€5,199 | -18.9% |
| Amounts payable | 17/49 | €11,642 | €10,151 | -€1,491 | -12.8% |
| Amounts payable within one year | 42/48 | €11,642 | €10,151 | -€1,491 | -12.8% |
| Trade debts | 44 | €893 | €3,691 | +€2,798 | +313% |
| Suppliers | 440/4 | €893 | €3,691 | +€2,798 | +313% |
| Taxes, remuneration and social security | 45 | €362 | €340 | -€21 | -5.9% |
| Taxes | 450/3 | €362 | €340 | -€21 | -5.9% |
| Other amounts payable | 47/48 | €10,387 | €6,120 | -€4,267 | -41.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,289 | €1,799 | -€2,490 | -58.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €720 | +€720 | |
| Other operating charges | 640/8 | €662 | €326 | -€335 | -50.7% |
| Gross operating margin | 9900 | -€2,767 | -€1,769 | +€998 | +36.1% |
| Operating profit (loss) | 9901 | -€7,717 | -€4,614 | +€3,104 | +40.2% |
| Financial charges | 65/66B | €143 | €411 | +€268 | +188% |
| Recurring financial charges | 65 | €143 | €411 | +€268 | +188% |
| Profit (loss) for the period before taxes | 9903 | -€7,860 | -€5,025 | +€2,835 | +36.1% |
| Income taxes | 67/77 | - | €174 | +€174 | |
| Profit (loss) for the period | 9904 | -€7,860 | -€5,199 | +€2,661 | +33.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,860 | -€5,199 | +€2,661 | +33.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.