GESTION DE GEMBLOUX: 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.
GESTION DE GEMBLOUX
Largest movements
- Tangible fixed assets -€409,422
down €409,422 (-7.9%), from €5.2m to €4.8m
of which Land and buildings: -€614,320
- Receivables within one year -€92,722
down €92,722 (-16.5%), from €562,464 to €469,742
of which Other amounts receivable: -€135,931
- Profit (loss) carried forward -€495,935
down €495,935 (-75.1%), from €660,443 to €164,508
- Debts after one year -€138,910
down €138,910 (-2.5%), from €5.6m to €5.5m
of which Financial debts: -€139,720
- Current portion of long-term debt +€105,377
up €105,377 (+230%), from €45,862 to €151,239
- Depreciation +€77,342
up €77,342 (+26.5%), from €291,341 to €368,683
- Gross operating margin +€5,607
up €5,607 (+34.2%), from -€16,402 to -€10,796
- Financial charges +€5,038
up €5,038 (+4.5%), from €110,740 to €115,778
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,528,155 | €8,020,537 | -€507,618 | -6.0% |
| Fixed assets | 21/28 | €7,957,638 | €7,548,217 | -€409,422 | -5.1% |
| Tangible fixed assets | 22/27 | €5,193,617 | €4,784,195 | -€409,422 | -7.9% |
| Land and buildings | 22 | €5,193,617 | €4,579,297 | -€614,320 | -11.8% |
| Assets under construction and advance payments | 27 | - | €204,899 | +€204,899 | |
| Financial fixed assets | 28 | €2,764,021 | €2,764,021 | = | 0.0% |
| Current assets | 29/58 | €570,517 | €472,320 | -€98,197 | -17.2% |
| Amounts receivable within one year | 40/41 | €562,464 | €469,742 | -€92,722 | -16.5% |
| Trade receivables | 40 | €133,102 | €176,311 | +€43,209 | +32.5% |
| Other amounts receivable | 41 | €429,362 | €293,431 | -€135,931 | -31.7% |
| Cash at bank and in hand | 54/58 | €1,383 | €885 | -€498 | -36.0% |
| Deferred charges and accrued income | 490/1 | €6,670 | €1,693 | -€4,977 | -74.6% |
| Total equity and liabilities | 10/49 | €8,528,155 | €8,020,537 | -€507,618 | -6.0% |
| Equity | 10/15 | €2,160,886 | €1,664,951 | -€495,935 | -23.0% |
| Contributions | 10/11 | €160,000 | €160,000 | = | 0.0% |
| Revaluation surpluses | 12 | €1,324,443 | €1,324,443 | = | 0.0% |
| Reserves | 13 | €16,000 | €16,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €16,000 | €16,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €16,000 | €16,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €660,443 | €164,508 | -€495,935 | -75.1% |
| Amounts payable | 17/49 | €6,367,269 | €6,355,586 | -€11,683 | -0.2% |
| Amounts payable after more than one year | 17 | €5,605,460 | €5,466,550 | -€138,910 | -2.5% |
| Financial debts | 170/4 | €5,596,180 | €5,456,460 | -€139,720 | -2.5% |
| Other amounts payable | 178/9 | €9,280 | €10,090 | +€810 | +8.7% |
| Amounts payable within one year | 42/48 | €761,809 | €889,036 | +€127,227 | +16.7% |
| Current portion of amounts payable after more than one year | 42 | €45,862 | €151,239 | +€105,377 | +230% |
| Financial debts | 43 | €325,842 | €329,309 | +€3,467 | +1.1% |
| Credit institutions | 430/8 | €325,842 | €329,309 | +€3,467 | +1.1% |
| Trade debts | 44 | €258,631 | €265,014 | +€6,383 | +2.5% |
| Suppliers | 440/4 | €258,631 | €265,014 | +€6,383 | +2.5% |
| Other amounts payable | 47/48 | €131,473 | €143,473 | +€12,000 | +9.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €291,341 | €368,683 | +€77,342 | +26.5% |
| Other operating charges | 640/8 | €660 | €683 | +€23 | +3.5% |
| Gross operating margin | 9900 | -€16,402 | -€10,796 | +€5,607 | +34.2% |
| Operating profit (loss) | 9901 | -€308,403 | -€380,162 | -€71,758 | -23.3% |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €110,740 | €115,778 | +€5,038 | +4.5% |
| Recurring financial charges | 65 | €110,740 | €115,778 | +€5,038 | +4.5% |
| Profit (loss) for the period before taxes | 9903 | -€419,144 | -€495,935 | -€76,791 | -18.3% |
| Profit (loss) for the period | 9904 | -€419,144 | -€495,935 | -€76,791 | -18.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€419,144 | -€495,935 | -€76,791 | -18.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.