Gemma Vi: 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.
Gemma Vi
Largest movements
- Tangible fixed assets -€42,473
down €42,473 (-40.2%), from €105,544 to €63,070
of which Land and buildings: -€42,473
- Receivables within one year +€5,254
up €5,254 (+10.6%), from €49,666 to €54,920
of which Other amounts receivable: +€14,254
- Cash +€3,552
up €3,552 (+893.7%), from €397 to €3,949
mainly Depreciation (+€46,016) and Trade debts (+€5,996)
- Debts after one year -€40,856
down €40,856 (-15.5%), from €263,200 to €222,344
- Accrued charges and deferred income -€6,000
no longer reported in 2025 (was €6,000)
- Trade debts +€5,996
up €5,996 (+127.9%), from €4,688 to €10,684
- Advances received +€3,750
new in 2025: €3,750
- Gross operating margin -€11,364
down €11,364 (-14.7%), from €77,210 to €65,846
- Financial charges -€2,909
down €2,909 (-18.4%), from €15,835 to €12,926
- Taxes -€2,434
down €2,434 (-40.3%), from €6,043 to €3,609
- Other operating charges +€1,542
up €1,542 (+43.5%), from €3,541 to €5,083
- Financial income +€1,496
up €1,496 (+83.8%), from €1,786 to €3,282
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 | €156,701 | €122,627 | -€34,074 | -21.7% |
| Fixed assets | 21/28 | €105,544 | €63,070 | -€42,473 | -40.2% |
| Tangible fixed assets | 22/27 | €105,544 | €63,070 | -€42,473 | -40.2% |
| Land and buildings | 22 | €104,201 | €61,728 | -€42,473 | -40.8% |
| Plant, machinery and equipment | 23 | €1,342 | €1,342 | = | 0.0% |
| Current assets | 29/58 | €51,158 | €59,557 | +€8,399 | +16.4% |
| Amounts receivable within one year | 40/41 | €49,666 | €54,920 | +€5,254 | +10.6% |
| Trade receivables | 40 | €9,500 | €500 | -€9,000 | -94.7% |
| Other amounts receivable | 41 | €40,166 | €54,420 | +€14,254 | +35.5% |
| Cash at bank and in hand | 54/58 | €397 | €3,949 | +€3,552 | +893.7% |
| Deferred charges and accrued income | 490/1 | €1,094 | €688 | -€406 | -37.1% |
| Total equity and liabilities | 10/49 | €156,701 | €122,627 | -€34,074 | -21.7% |
| Equity | 10/15 | -€173,923 | -€172,429 | +€1,494 | +0.9% |
| Contributions | 10/11 | €43,600 | €43,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€217,523 | -€216,029 | +€1,494 | +0.7% |
| Amounts payable | 17/49 | €330,625 | €295,057 | -€35,568 | -10.8% |
| Amounts payable after more than one year | 17 | €263,200 | €222,344 | -€40,856 | -15.5% |
| Financial debts | 170/4 | €263,200 | €222,344 | -€40,856 | -15.5% |
| Amounts payable within one year | 42/48 | €61,425 | €72,713 | +€11,288 | +18.4% |
| Current portion of amounts payable after more than one year | 42 | €44,629 | €45,356 | +€727 | +1.6% |
| Trade debts | 44 | €4,688 | €10,684 | +€5,996 | +127.9% |
| Suppliers | 440/4 | €4,688 | €10,684 | +€5,996 | +127.9% |
| Advances received on contracts in progress | 46 | - | €3,750 | +€3,750 | |
| Taxes, remuneration and social security | 45 | €12,108 | €12,923 | +€815 | +6.7% |
| Taxes | 450/3 | €12,108 | €12,923 | +€815 | +6.7% |
| Accrued charges and deferred income | 492/3 | €6,000 | - | -€6,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,016 | €46,016 | +€0 | 0.0% |
| Other operating charges | 640/8 | €3,541 | €5,083 | +€1,542 | +43.5% |
| Gross operating margin | 9900 | €77,210 | €65,846 | -€11,364 | -14.7% |
| Operating profit (loss) | 9901 | €27,653 | €14,747 | -€12,906 | -46.7% |
| Financial income | 75/76B | €1,786 | €3,282 | +€1,496 | +83.8% |
| Recurring financial income | 75 | €1,786 | €3,282 | +€1,496 | +83.8% |
| Financial charges | 65/66B | €15,835 | €12,926 | -€2,909 | -18.4% |
| Recurring financial charges | 65 | €15,835 | €12,926 | -€2,909 | -18.4% |
| Profit (loss) for the period before taxes | 9903 | €13,604 | €5,103 | -€8,501 | -62.5% |
| Income taxes | 67/77 | €6,043 | €3,609 | -€2,434 | -40.3% |
| Profit (loss) for the period | 9904 | €7,561 | €1,494 | -€6,067 | -80.2% |
| Profit (loss) for the period to be appropriated | 9905 | €7,561 | €1,494 | -€6,067 | -80.2% |
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 11 October 2026 via checked.be.