Gemnr: 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.
Gemnr
Largest movements
- Cash +€24,084
up €24,084 (+199.3%), from €12,082 to €36,166
mainly Receivables within one year (+€22,218) and Net result for the year (+€21,028)
- Receivables within one year -€22,218
down €22,218 (-66.1%), from €33,626 to €11,409
of which Trade receivables: -€14,089
- Tangible fixed assets +€3,472
up €3,472 (+276.7%), from €1,255 to €4,726
of which Plant, machinery and equipment: +€3,125
- Deferred charges and accrued income +€1,399
new in 2025: €1,399
- Reserves +€21,028
up €21,028 (+116.2%), from €18,103 to €39,131
- Tax, wage and social debts -€12,615
down €12,615 (-63.0%), from €20,033 to €7,418
of which Taxes: -€9,741
- Other debts -€1,438
no longer reported in 2025 (was €1,438)
- Gross operating margin +€22,278
up €22,278 (+90.9%), from €24,513 to €46,791
- Staff costs +€14,906
new in 2025: €14,906
- Taxes +€2,241
up €2,241 (+42.5%), from €5,276 to €7,517
- Financial charges +€1,842
up €1,842 (+1051.0%), from €175 to €2,017
- Depreciation +€1,015
up €1,015 (+999.3%), from €102 to €1,116
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 | €46,963 | €53,699 | +€6,737 | +14.3% |
| Fixed assets | 21/28 | €1,255 | €4,726 | +€3,472 | +276.7% |
| Tangible fixed assets | 22/27 | €1,255 | €4,726 | +€3,472 | +276.7% |
| Plant, machinery and equipment | 23 | - | €3,125 | +€3,125 | |
| Furniture and vehicles | 24 | €1,255 | €1,601 | +€347 | +27.6% |
| Current assets | 29/58 | €45,708 | €48,973 | +€3,265 | +7.1% |
| Amounts receivable within one year | 40/41 | €33,626 | €11,409 | -€22,218 | -66.1% |
| Trade receivables | 40 | €18,626 | €4,538 | -€14,089 | -75.6% |
| Other amounts receivable | 41 | €15,000 | €6,871 | -€8,129 | -54.2% |
| Cash at bank and in hand | 54/58 | €12,082 | €36,166 | +€24,084 | +199.3% |
| Deferred charges and accrued income | 490/1 | - | €1,399 | +€1,399 | |
| Total equity and liabilities | 10/49 | €46,963 | €53,699 | +€6,737 | +14.3% |
| Equity | 10/15 | €20,603 | €41,631 | +€21,028 | +102.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €18,103 | €39,131 | +€21,028 | +116.2% |
| Distributable reserves | 133 | €18,103 | €39,131 | +€21,028 | +116.2% |
| Amounts payable | 17/49 | €26,360 | €12,069 | -€14,292 | -54.2% |
| Amounts payable within one year | 42/48 | €26,360 | €12,069 | -€14,292 | -54.2% |
| Trade debts | 44 | €4,890 | €4,651 | -€239 | -4.9% |
| Suppliers | 440/4 | €4,890 | €4,651 | -€239 | -4.9% |
| Taxes, remuneration and social security | 45 | €20,033 | €7,418 | -€12,615 | -63.0% |
| Taxes | 450/3 | €14,903 | €5,162 | -€9,741 | -65.4% |
| Remuneration and social security | 454/9 | €5,130 | €2,257 | -€2,873 | -56.0% |
| Other amounts payable | 47/48 | €1,438 | - | -€1,438 | |
| Remuneration, social security and pensions | 62 | - | €14,906 | +€14,906 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €102 | €1,116 | +€1,015 | +999.3% |
| Other operating charges | 640/8 | - | €207 | +€207 | |
| Gross operating margin | 9900 | €24,513 | €46,791 | +€22,278 | +90.9% |
| Operating profit (loss) | 9901 | €24,412 | €30,562 | +€6,150 | +25.2% |
| Financial income | 75/76B | €1 | €0 | -€1 | -99.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -99.0% |
| Financial charges | 65/66B | €175 | €2,017 | +€1,842 | +1051.0% |
| Recurring financial charges | 65 | €175 | €2,017 | +€1,842 | +1051.0% |
| Profit (loss) for the period before taxes | 9903 | €24,238 | €28,545 | +€4,307 | +17.8% |
| Income taxes | 67/77 | €5,276 | €7,517 | +€2,241 | +42.5% |
| Profit (loss) for the period | 9904 | €18,962 | €21,028 | +€2,066 | +10.9% |
| Profit (loss) for the period to be appropriated | 9905 | €18,962 | €21,028 | +€2,066 | +10.9% |
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 8 October 2026 via checked.be.