GHEMES: 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.
GHEMES
Largest movements
- Cash +€866
up €866 (+7333.3%), from €12 to €878
mainly Other debts (+€7,029) and Debts after one year (+€1,271)
- Other debts +€7,029
up €7,029 (+11.6%), from €60,339 to €67,367
- Profit (loss) carried forward -€5,722
down €5,722 (-3.7%), from -€156,005 to -€161,728
- Debts after one year +€1,271
up €1,271 (+1.5%), from €84,754 to €86,025
- Trade debts -€1,087
down €1,087 (-43.8%), from €2,483 to €1,396
- Accrued charges and deferred income -€624
down €624 (-27.8%), from €2,241 to €1,617
- Gross operating margin +€28,084
up €28,084 (+92.3%), from -€30,428 to -€2,344
- Financial charges -€9,339
down €9,339 (-83.6%), from €11,171 to €1,832
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 | €12 | €878 | +€866 | +7333.3% |
| Current assets | 29/58 | €12 | €878 | +€866 | +7333.3% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €12 | €878 | +€866 | +7333.3% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €12 | €878 | +€866 | +7333.3% |
| Equity | 10/15 | -€149,805 | -€155,528 | -€5,722 | -3.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€156,005 | -€161,728 | -€5,722 | -3.7% |
| Amounts payable | 17/49 | €149,817 | €156,405 | +€6,588 | +4.4% |
| Amounts payable after more than one year | 17 | €84,754 | €86,025 | +€1,271 | +1.5% |
| Financial debts | 170/4 | €84,754 | €86,025 | +€1,271 | +1.5% |
| Amounts payable within one year | 42/48 | €62,822 | €68,763 | +€5,941 | +9.5% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €2,483 | €1,396 | -€1,087 | -43.8% |
| Suppliers | 440/4 | €2,483 | €1,396 | -€1,087 | -43.8% |
| Other amounts payable | 47/48 | €60,339 | €67,367 | +€7,029 | +11.6% |
| Accrued charges and deferred income | 492/3 | €2,241 | €1,617 | -€624 | -27.8% |
| Other operating charges | 640/8 | €1,359 | €1,546 | +€187 | +13.7% |
| Gross operating margin | 9900 | -€30,428 | -€2,344 | +€28,084 | +92.3% |
| Operating profit (loss) | 9901 | -€31,787 | -€3,890 | +€27,897 | +87.8% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €11,171 | €1,832 | -€9,339 | -83.6% |
| Recurring financial charges | 65 | €11,171 | €1,832 | -€9,339 | -83.6% |
| Profit (loss) for the period before taxes | 9903 | -€42,958 | -€5,722 | +€37,236 | +86.7% |
| Profit (loss) for the period | 9904 | -€42,958 | -€5,722 | +€37,236 | +86.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€42,958 | -€5,722 | +€37,236 | +86.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.