GemVentures 1: 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.
GemVentures 1
Largest movements
- Cash +€53,488
up €53,488 (+1,206%), from €4,434 to €57,922
mainly Net result for the year (+€64,518)
- Receivables within one year +€9,203
up €9,203 (+3.0%), from €302,693 to €311,895
- Profit (loss) carried forward +€64,518
up €64,518 (+46.2%), from €139,780 to €204,298
- Financial income +€81,379
up €81,379 (+9,341%), from €871 to €82,251
- Gross operating margin +€3,781
up €3,781 (+18.5%), from -€20,426 to -€16,645
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €584,500 | €647,191 | +€62,691 | +10.7% |
| Fixed assets | 21/28 | €277,374 | €277,374 | = | 0.0% |
| Financial fixed assets | 28 | €277,374 | €277,374 | = | 0.0% |
| Current assets | 29/58 | €307,127 | €369,818 | +€62,691 | +20.4% |
| Amounts receivable within one year | 40/41 | €302,693 | €311,895 | +€9,203 | +3.0% |
| Other amounts receivable | 41 | €302,693 | €311,895 | +€9,203 | +3.0% |
| Cash at bank and in hand | 54/58 | €4,434 | €57,922 | +€53,488 | +1,206% |
| Total equity and liabilities | 10/49 | €584,500 | €647,191 | +€62,691 | +10.7% |
| Equity | 10/15 | €574,553 | €639,071 | +€64,518 | +11.2% |
| Contributions | 10/11 | €408,582 | €408,582 | = | 0.0% |
| Capital | 10 | €261,912 | €261,912 | = | 0.0% |
| Issued capital | 100 | €261,912 | €261,912 | = | 0.0% |
| Contributions outside capital | 11 | €146,670 | €146,670 | = | 0.0% |
| Share premium | 1100/10 | €146,670 | €146,670 | = | 0.0% |
| Reserves | 13 | €26,191 | €26,191 | = | 0.0% |
| Non-distributable reserves | 130/1 | €26,191 | €26,191 | = | 0.0% |
| Legal reserve | 130 | €26,191 | €26,191 | = | 0.0% |
| Profit (loss) carried forward | 14 | €139,780 | €204,298 | +€64,518 | +46.2% |
| Amounts payable | 17/49 | €9,948 | €8,120 | -€1,828 | -18.4% |
| Amounts payable within one year | 42/48 | €348 | €0 | -€348 | -100% |
| Trade debts | 44 | €348 | €0 | -€348 | -100% |
| Suppliers | 440/4 | €348 | €0 | -€348 | -100% |
| Accrued charges and deferred income | 492/3 | €9,600 | €8,120 | -€1,480 | -15.4% |
| Other operating charges | 640/8 | €348 | €384 | +€37 | +10.6% |
| Gross operating margin | 9900 | -€20,426 | -€16,645 | +€3,781 | +18.5% |
| Operating profit (loss) | 9901 | -€20,773 | -€17,030 | +€3,744 | +18.0% |
| Financial income | 75/76B | €871 | €82,251 | +€81,379 | +9,341% |
| Recurring financial income | 75 | €871 | €82,251 | +€81,379 | +9,341% |
| Financial charges | 65/66B | €580 | €703 | +€122 | +21.1% |
| Recurring financial charges | 65 | €580 | €703 | +€122 | +21.1% |
| Profit (loss) for the period before taxes | 9903 | -€20,482 | €64,518 | +€85,001 | |
| Profit (loss) for the period | 9904 | -€20,482 | €64,518 | +€85,001 | |
| Profit (loss) for the period to be appropriated | 9905 | -€20,482 | €64,518 | +€85,001 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.