GEMO Services: 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.
GEMO Services
Largest movements
- Cash -€21,802
down €21,802 (-49.6%), from €43,992 to €22,190
mainly Net result for the year (-€30,003) and Investment in fixed assets (net) (-€2,556)
- Tangible fixed assets -€2,853
down €2,853 (-20.3%), from €14,060 to €11,206
of which Furniture and vehicles: -€4,385
- Receivables within one year -€1,461
down €1,461 (-17.8%), from €8,222 to €6,761
of which Trade receivables: -€810
- Profit (loss) carried forward -€30,003
down €30,003 (-59.0%), from €50,893 to €20,889
- Trade debts +€3,800
up €3,800 (+123.8%), from €3,070 to €6,870
- Gross operating margin -€18,966
down €18,966 (-427.1%), from -€4,441 to -€23,407
- Taxes -€2,985
down €2,985, from €1,189 to -€1,796
- Financial charges +€1,187
up €1,187 (+134.6%), from €882 to €2,069
- Depreciation -€665
down €665 (-10.9%), from €6,075 to €5,409
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 | €74,304 | €48,188 | -€26,116 | -35.1% |
| Fixed assets | 21/28 | €14,060 | €11,206 | -€2,853 | -20.3% |
| Tangible fixed assets | 22/27 | €14,060 | €11,206 | -€2,853 | -20.3% |
| Plant, machinery and equipment | 23 | €1,110 | €2,641 | +€1,531 | +137.9% |
| Furniture and vehicles | 24 | €12,949 | €8,565 | -€4,385 | -33.9% |
| Current assets | 29/58 | €60,244 | €36,982 | -€23,262 | -38.6% |
| Stocks and contracts in progress | 3 | €8,031 | €8,031 | = | 0.0% |
| Stocks | 30/36 | €8,031 | €8,031 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €8,222 | €6,761 | -€1,461 | -17.8% |
| Trade receivables | 40 | €1,688 | €878 | -€810 | -48.0% |
| Other amounts receivable | 41 | €6,534 | €5,883 | -€650 | -10.0% |
| Cash at bank and in hand | 54/58 | €43,992 | €22,190 | -€21,802 | -49.6% |
| Total equity and liabilities | 10/49 | €74,304 | €48,188 | -€26,116 | -35.1% |
| Equity | 10/15 | €70,313 | €40,310 | -€30,003 | -42.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €820 | €820 | = | 0.0% |
| Non-distributable reserves | 130/1 | €338 | €338 | = | 0.0% |
| Reserves not available under the articles | 1311 | €338 | €338 | = | 0.0% |
| Tax-exempt reserves | 132 | €482 | €482 | = | 0.0% |
| Profit (loss) carried forward | 14 | €50,893 | €20,889 | -€30,003 | -59.0% |
| Amounts payable | 17/49 | €3,991 | €7,878 | +€3,887 | +97.4% |
| Amounts payable within one year | 42/48 | €3,070 | €6,958 | +€3,887 | +126.6% |
| Trade debts | 44 | €3,070 | €6,870 | +€3,800 | +123.8% |
| Suppliers | 440/4 | €3,070 | €6,870 | +€3,800 | +123.8% |
| Taxes, remuneration and social security | 45 | - | €87 | +€87 | |
| Taxes | 450/3 | - | €87 | +€87 | |
| Accrued charges and deferred income | 492/3 | €921 | €921 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,075 | €5,409 | -€665 | -10.9% |
| Other operating charges | 640/8 | €1,061 | €1,135 | +€74 | +7.0% |
| Gross operating margin | 9900 | -€4,441 | -€23,407 | -€18,966 | -427.1% |
| Operating profit (loss) | 9901 | -€11,577 | -€29,951 | -€18,374 | -158.7% |
| Financial income | 75/76B | €335 | €221 | -€114 | -34.1% |
| Recurring financial income | 75 | €335 | €221 | -€114 | -34.1% |
| Financial charges | 65/66B | €882 | €2,069 | +€1,187 | +134.6% |
| Recurring financial charges | 65 | €882 | €2,069 | +€1,187 | +134.6% |
| Profit (loss) for the period before taxes | 9903 | -€12,123 | -€31,799 | -€19,676 | -162.3% |
| Income taxes | 67/77 | €1,189 | -€1,796 | -€2,985 | |
| Profit (loss) for the period | 9904 | -€13,313 | -€30,003 | -€16,690 | -125.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,313 | -€30,003 | -€16,690 | -125.4% |
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 29 September 2026 via checked.be.