Gemme: 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.
Gemme
Largest movements
- Tangible fixed assets -€43,199
down €43,199 (-6.4%), from €679,838 to €636,639
of which Land and buildings: -€39,651
- Receivables within one year -€22,822
down €22,822 (-29.5%), from €77,475 to €54,653
of which Trade receivables: -€30,200
- Debts after one year -€73,372
down €73,372 (-13.7%), from €535,847 to €462,476
- Reserves -€12,126
down €12,126 (-5.6%), from €218,476 to €206,350
- Tax, wage and social debts +€11,269
up €11,269 (+35.8%), from €31,498 to €42,767
- Gross operating margin -€25,747
down €25,747 (-12.0%), from €214,306 to €188,559
- Taxes +€11,498
up €11,498 (+46.6%), from €24,690 to €36,188
- Depreciation -€10,453
down €10,453 (-17.9%), from €58,325 to €47,872
- Financial charges +€5,784
up €5,784 (+57.8%), from €10,005 to €15,789
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 | €939,431 | €864,126 | -€75,305 | -8.0% |
| Fixed assets | 21/28 | €679,838 | €636,639 | -€43,199 | -6.4% |
| Tangible fixed assets | 22/27 | €679,838 | €636,639 | -€43,199 | -6.4% |
| Land and buildings | 22 | €653,120 | €613,469 | -€39,651 | -6.1% |
| Plant, machinery and equipment | 23 | €24,194 | €21,315 | -€2,879 | -11.9% |
| Furniture and vehicles | 24 | €2,524 | €1,855 | -€669 | -26.5% |
| Current assets | 29/58 | €259,593 | €227,487 | -€32,106 | -12.4% |
| Amounts receivable after more than one year | 29 | €23,000 | €23,000 | = | 0.0% |
| Other amounts receivable | 291 | €23,000 | €23,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €77,475 | €54,653 | -€22,822 | -29.5% |
| Trade receivables | 40 | €45,200 | €15,000 | -€30,200 | -66.8% |
| Other amounts receivable | 41 | €32,275 | €39,653 | +€7,378 | +22.9% |
| Cash at bank and in hand | 54/58 | €159,118 | €149,833 | -€9,284 | -5.8% |
| Total equity and liabilities | 10/49 | €939,431 | €864,126 | -€75,305 | -8.0% |
| Equity | 10/15 | €293,476 | €281,350 | -€12,126 | -4.1% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €218,476 | €206,350 | -€12,126 | -5.6% |
| Distributable reserves | 133 | €218,476 | €206,350 | -€12,126 | -5.6% |
| Amounts payable | 17/49 | €645,955 | €582,776 | -€63,179 | -9.8% |
| Amounts payable after more than one year | 17 | €535,847 | €462,476 | -€73,372 | -13.7% |
| Financial debts | 170/4 | €535,847 | €462,476 | -€73,372 | -13.7% |
| Amounts payable within one year | 42/48 | €110,108 | €120,301 | +€10,193 | +9.3% |
| Current portion of amounts payable after more than one year | 42 | €74,893 | €74,213 | -€679 | -0.9% |
| Trade debts | 44 | €2,877 | €2,481 | -€397 | -13.8% |
| Suppliers | 440/4 | €2,877 | €2,481 | -€397 | -13.8% |
| Taxes, remuneration and social security | 45 | €31,498 | €42,767 | +€11,269 | +35.8% |
| Taxes | 450/3 | €31,498 | €42,767 | +€11,269 | +35.8% |
| Other amounts payable | 47/48 | €840 | €840 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,325 | €47,872 | -€10,453 | -17.9% |
| Other operating charges | 640/8 | €7,409 | €6,636 | -€772 | -10.4% |
| Gross operating margin | 9900 | €214,306 | €188,559 | -€25,747 | -12.0% |
| Operating profit (loss) | 9901 | €148,572 | €134,050 | -€14,522 | -9.8% |
| Financial income | 75/76B | €1,829 | €2,714 | +€885 | +48.4% |
| Recurring financial income | 75 | €1,829 | €2,714 | +€885 | +48.4% |
| Financial charges | 65/66B | €10,005 | €15,789 | +€5,784 | +57.8% |
| Recurring financial charges | 65 | €10,005 | €15,789 | +€5,784 | +57.8% |
| Profit (loss) for the period before taxes | 9903 | €140,396 | €120,975 | -€19,421 | -13.8% |
| Income taxes | 67/77 | €24,690 | €36,188 | +€11,498 | +46.6% |
| Profit (loss) for the period | 9904 | €115,706 | €84,787 | -€30,919 | -26.7% |
| Profit (loss) for the period to be appropriated | 9905 | €115,706 | €84,787 | -€30,919 | -26.7% |
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 22 October 2026 via checked.be.