GESIMMO: 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.
GESIMMO
Largest movements
- Receivables within one year +€54,021
up €54,021 (+15.6%), from €347,106 to €401,127
of which Other amounts receivable: +€70,617
- Cash -€8,245
down €8,245 (-58.5%), from €14,096 to €5,851
mainly Receivables within one year (-€54,021) and Contributions, distributions and other (-€27,500)
- Reserves +€25,000
up €25,000 (+11.5%), from €218,000 to €243,000
of which Distributable reserves: +€25,000
- Other debts +€19,828
up €19,828 (+152.5%), from €13,000 to €32,828
- Trade debts -€12,475
down €12,475 (-23.3%), from €53,629 to €41,154
- Tax, wage and social debts +€12,217
up €12,217 (+23.9%), from €51,028 to €63,245
of which Taxes: +€11,292
- Gross operating margin +€10,226
up €10,226 (+9.8%), from €103,825 to €114,051
- Taxes +€1,602
up €1,602 (+9.7%), from €16,451 to €18,053
- Financial charges +€1,574
up €1,574 (+53.1%), from €2,963 to €4,537
- Financial income +€1,322
up €1,322 (+15.4%), from €8,565 to €9,887
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 | €377,318 | €425,801 | +€48,483 | +12.8% |
| Fixed assets | 21/28 | €2,454 | €1,850 | -€603 | -24.6% |
| Tangible fixed assets | 22/27 | €2,454 | €1,670 | -€783 | -31.9% |
| Furniture and vehicles | 24 | €2,454 | €1,670 | -€783 | -31.9% |
| Financial fixed assets | 28 | - | €180 | +€180 | |
| Current assets | 29/58 | €374,865 | €423,951 | +€49,086 | +13.1% |
| Amounts receivable within one year | 40/41 | €347,106 | €401,127 | +€54,021 | +15.6% |
| Trade receivables | 40 | €206,755 | €190,160 | -€16,595 | -8.0% |
| Other amounts receivable | 41 | €140,351 | €210,967 | +€70,617 | +50.3% |
| Cash at bank and in hand | 54/58 | €14,096 | €5,851 | -€8,245 | -58.5% |
| Deferred charges and accrued income | 490/1 | €13,662 | €16,972 | +€3,310 | +24.2% |
| Total equity and liabilities | 10/49 | €377,318 | €425,801 | +€48,483 | +12.8% |
| Equity | 10/15 | €248,787 | €276,813 | +€28,026 | +11.3% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €218,000 | €243,000 | +€25,000 | +11.5% |
| Non-distributable reserves | 130/1 | €3,000 | €3,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,000 | €3,000 | = | 0.0% |
| Distributable reserves | 133 | €215,000 | €240,000 | +€25,000 | +11.6% |
| Profit (loss) carried forward | 14 | €787 | €3,813 | +€3,026 | +384.5% |
| Amounts payable | 17/49 | €128,531 | €148,988 | +€20,457 | +15.9% |
| Amounts payable within one year | 42/48 | €128,531 | €148,988 | +€20,457 | +15.9% |
| Financial debts | 43 | €10,874 | €11,761 | +€887 | +8.2% |
| Credit institutions | 430/8 | €10,874 | €11,761 | +€887 | +8.2% |
| Trade debts | 44 | €53,629 | €41,154 | -€12,475 | -23.3% |
| Suppliers | 440/4 | €53,629 | €41,154 | -€12,475 | -23.3% |
| Taxes, remuneration and social security | 45 | €51,028 | €63,245 | +€12,217 | +23.9% |
| Taxes | 450/3 | €41,098 | €52,390 | +€11,292 | +27.5% |
| Remuneration and social security | 454/9 | €9,930 | €10,855 | +€925 | +9.3% |
| Other amounts payable | 47/48 | €13,000 | €32,828 | +€19,828 | +152.5% |
| Non-recurring operating income | 76A | €451 | €250 | -€201 | -44.6% |
| Remuneration, social security and pensions | 62 | €41,841 | €41,788 | -€54 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €573 | €783 | +€210 | +36.7% |
| Other operating charges | 640/8 | €3,181 | €2,620 | -€562 | -17.7% |
| Non-recurring operating charges | 66A | €814 | €632 | -€181 | -22.3% |
| Gross operating margin | 9900 | €103,825 | €114,051 | +€10,226 | +9.8% |
| Operating profit (loss) | 9901 | €57,416 | €68,228 | +€10,813 | +18.8% |
| Financial income | 75/76B | €8,565 | €9,887 | +€1,322 | +15.4% |
| Recurring financial income | 75 | €8,565 | €9,887 | +€1,322 | +15.4% |
| Financial charges | 65/66B | €2,963 | €4,537 | +€1,574 | +53.1% |
| Recurring financial charges | 65 | €2,963 | €4,537 | +€1,574 | +53.1% |
| Profit (loss) for the period before taxes | 9903 | €63,018 | €73,579 | +€10,560 | +16.8% |
| Income taxes | 67/77 | €16,451 | €18,053 | +€1,602 | +9.7% |
| Profit (loss) for the period | 9904 | €46,568 | €55,526 | +€8,958 | +19.2% |
| Profit (loss) for the period to be appropriated | 9905 | €46,568 | €55,526 | +€8,958 | +19.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.