Gemmata: what changed
Two fiscal 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.
What changed
Gemmata
NACE 46.861, Wholesale of diamonds and other precious stones
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€591,973
2024 · -€883,305+€291,332
Equity
€3.0m
2024 · €3.6m-€591,973
Cash
€5,806
2024 · €37,087-€31,281
Balance sheet total
€4.5m
2024 · €5.1m-€620,365
Largest movements
Assets
- Financial fixed assets -€305,639
down €305,639 (-93.3%), from €327,489 to €21,850
of which Other financial fixed assets: -€305,639
- Receivables after one year -€286,701
no longer reported in 2025 (was €286,701)
- Receivables within one year +€191,549
up €191,549 (+8.7%), from €2.2m to €2.4m
of which Other amounts receivable: +€302,222
- Stocks and contracts -€170,093
down €170,093 (-9.4%), from €1.8m to €1.6m
Equity and liabilities
- Profit (loss) carried forward -€591,973
down €591,973, from €344,472 to -€247,501
- Short-term financial debts -€114,887
down €114,887 (-22.9%), from €501,321 to €386,435
- Trade debts +€59,143
up €59,143 (+6.1%), from €964,450 to €1.0m
Income statement
- Goods and materials -€2.1m
down €2.1m (-36.8%), from €5.7m to €3.6m
of which Purchases: -€1.6m
- Turnover -€1.6m
down €1.6m (-31.2%), from €5.2m to €3.6m
- Services and other goods -€135,151
down €135,151 (-41.2%), from €328,199 to €193,048
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.
Result 2024
-€883,305
Turnover
-€1.6m
Other operating income
-€7,530
Goods and materials
+€2.1m
Services and other goods
+€135,151
Staff costs
-€893
Depreciation
+€338
Other operating charges
-€485
Other operating items
-€305,634
Financial income
+€15,435
Financial charges
+€9,648
Taxes
-€13,947
Result 2025
-€591,973
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.
From operations
-€222,034
Investment
+€305,639
Financing
-€114,887
Cash 2024
€37,087
From operations (derived)
-€222,034
Net result for the year
-€591,973
Depreciation
+€16,747
Receivables after one year
+€286,701
Stocks and contracts
+€170,093
Receivables within one year
-€191,549
Deferred charges and accrued income
+€1,453
Trade debts
+€59,143
Tax, wage and social debts
+€24,018
Accrued charges and deferred income
+€3,334
Investment (derived)
+€305,639
Investment in fixed assets (net)
+€305,639
Financing
-€114,887
Short-term financial debts
-€114,887
Cash 2025
€5,806
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,090,890 | €4,470,525 | -€620,365 | -12.2% |
| Fixed assets | 21/28 | €765,997 | €443,612 | -€322,386 | -42.1% |
| Tangible fixed assets | 22/27 | €438,508 | €421,762 | -€16,747 | -3.8% |
| Land and buildings | 22 | €423,530 | €412,279 | -€11,251 | -2.7% |
| Plant, machinery and equipment | 23 | €14,979 | €9,483 | -€5,496 | -36.7% |
| Financial fixed assets | 28 | €327,489 | €21,850 | -€305,639 | -93.3% |
| Affiliated companies | 280/1 | €18,352 | €18,352 | = | 0.0% |
| Participating interests | 280 | €18,352 | €18,352 | = | 0.0% |
| Other financial fixed assets | 284/8 | €309,137 | €3,498 | -€305,639 | -98.9% |
| Shares | 284 | €305,639 | - | -€305,639 | |
| Amounts receivable and cash guarantees | 285/8 | €3,498 | €3,498 | = | 0.0% |
| Current assets | 29/58 | €4,324,893 | €4,026,914 | -€297,979 | -6.9% |
| Amounts receivable after more than one year | 29 | €286,701 | - | -€286,701 | |
| Other amounts receivable | 291 | €286,701 | - | -€286,701 | |
| Stocks and contracts in progress | 3 | €1,801,885 | €1,631,792 | -€170,093 | -9.4% |
| Stocks | 30/36 | €1,801,885 | €1,631,792 | -€170,093 | -9.4% |
| Goods purchased for resale | 34 | €1,801,885 | €1,631,792 | -€170,093 | -9.4% |
| Amounts receivable within one year | 40/41 | €2,189,367 | €2,380,915 | +€191,549 | +8.7% |
| Trade receivables | 40 | €2,010,995 | €1,900,321 | -€110,674 | -5.5% |
| Other amounts receivable | 41 | €178,372 | €480,594 | +€302,222 | +169.4% |
| Cash at bank and in hand | 54/58 | €37,087 | €5,806 | -€31,281 | -84.3% |
| Deferred charges and accrued income | 490/1 | €9,853 | €8,401 | -€1,453 | -14.7% |
| Total equity and liabilities | 10/49 | €5,090,890 | €4,470,525 | -€620,365 | -12.2% |
| Equity | 10/15 | €3,610,816 | €3,018,843 | -€591,973 | -16.4% |
| Contributions | 10/11 | €278,880 | €278,880 | = | 0.0% |
| Capital | 10 | €278,880 | €278,880 | = | 0.0% |
| Issued capital | 100 | €278,880 | €278,880 | = | 0.0% |
| Reserves | 13 | €2,987,464 | €2,987,464 | = | 0.0% |
| Non-distributable reserves | 130/1 | €35,769 | €35,769 | = | 0.0% |
| Legal reserve | 130 | €35,769 | €35,769 | = | 0.0% |
| Distributable reserves | 133 | €2,951,695 | €2,951,695 | = | 0.0% |
| Profit (loss) carried forward | 14 | €344,472 | -€247,501 | -€591,973 | |
| Amounts payable | 17/49 | €1,480,074 | €1,451,682 | -€28,392 | -1.9% |
| Amounts payable within one year | 42/48 | €1,479,774 | €1,448,048 | -€31,726 | -2.1% |
| Financial debts | 43 | €501,321 | €386,435 | -€114,887 | -22.9% |
| Credit institutions | 430/8 | €501,321 | €386,435 | -€114,887 | -22.9% |
| Trade debts | 44 | €964,450 | €1,023,593 | +€59,143 | +6.1% |
| Suppliers | 440/4 | €964,450 | €1,023,593 | +€59,143 | +6.1% |
| Taxes, remuneration and social security | 45 | €14,002 | €38,021 | +€24,018 | +171.5% |
| Taxes | 450/3 | €1,091 | €24,183 | +€23,091 | +2116.2% |
| Remuneration and social security | 454/9 | €12,911 | €13,838 | +€927 | +7.2% |
| Accrued charges and deferred income | 492/3 | €301 | €3,634 | +€3,334 | +1109.3% |
| Operating income | 70/76A | €5,249,285 | €3,620,701 | -€1.6m | -31.0% |
| Turnover | 70 | €5,201,849 | €3,580,834 | -€1.6m | -31.2% |
| Other operating income | 74 | €47,396 | €39,867 | -€7,530 | -15.9% |
| Non-recurring operating income | 76A | €40 | - | -€40 | |
| Operating charges | 60/66A | €6,082,436 | €4,173,656 | -€1.9m | -31.4% |
| Goods for resale, raw materials and consumables | 60 | €5,659,673 | €3,579,409 | -€2.1m | -36.8% |
| Purchases | 600/8 | €5,030,888 | €3,409,316 | -€1.6m | -32.2% |
| Change in stocks: decrease (increase) | 609 | €628,785 | €170,093 | -€458,692 | -72.9% |
| Services and other goods | 61 | €328,199 | €193,048 | -€135,151 | -41.2% |
| Remuneration, social security and pensions | 62 | €68,737 | €69,630 | +€893 | +1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,084 | €16,747 | -€338 | -2.0% |
| Other operating charges | 640/8 | €8,699 | €9,183 | +€485 | +5.6% |
| Non-recurring operating charges | 66A | €45 | €305,639 | +€305,594 | +678193.8% |
| Operating profit (loss) | 9901 | -€833,151 | -€552,955 | +€280,196 | +33.6% |
| Financial income | 75/76B | €6,804 | €22,238 | +€15,435 | +226.9% |
| Recurring financial income | 75 | €6,804 | €22,238 | +€15,435 | +226.9% |
| Other financial income | 752/9 | €6,804 | €22,238 | +€15,435 | +226.9% |
| Financial charges | 65/66B | €49,831 | €40,183 | -€9,648 | -19.4% |
| Recurring financial charges | 65 | €49,831 | €40,183 | -€9,648 | -19.4% |
| Debt charges | 650 | €38,541 | €31,213 | -€7,328 | -19.0% |
| Other financial charges | 652/9 | €11,290 | €8,970 | -€2,321 | -20.6% |
| Profit (loss) for the period before taxes | 9903 | -€876,179 | -€570,900 | +€305,279 | +34.8% |
| Income taxes | 67/77 | €7,126 | €21,074 | +€13,947 | +195.7% |
| Taxes | 670/3 | €7,130 | €22,500 | +€15,370 | +215.6% |
| Tax adjustments and reversals of tax provisions | 77 | €4 | €1,426 | +€1,423 | +40538.5% |
| Profit (loss) for the period | 9904 | -€883,305 | -€591,973 | +€291,332 | +33.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€883,305 | -€591,973 | +€291,332 | +33.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.