GHIMMO: 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.
GHIMMO
Largest movements
- Receivables within one year +€28,398
up €28,398 (+7.6%), from €372,909 to €401,308
- Profit (loss) carried forward +€21,829
up €21,829 (+159%), from €13,720 to €35,549
- Taxes +€3,158
up €3,158 (+68.4%), from €4,618 to €7,776
- Gross operating margin +€1,710
up €1,710 (+6.2%), from €27,730 to €29,440
- Financial income -€411
down €411 (-1.9%), from €21,388 to €20,978
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.
Derived cash bridge
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 | €520,773 | €544,579 | +€23,805 | +4.6% |
| Fixed assets | 21/28 | €144,855 | €140,087 | -€4,768 | -3.3% |
| Tangible fixed assets | 22/27 | €144,855 | €140,087 | -€4,768 | -3.3% |
| Land and buildings | 22 | €144,855 | €140,087 | -€4,768 | -3.3% |
| Current assets | 29/58 | €375,919 | €404,492 | +€28,573 | +7.6% |
| Amounts receivable within one year | 40/41 | €372,909 | €401,308 | +€28,398 | +7.6% |
| Other amounts receivable | 41 | €372,909 | €401,308 | +€28,398 | +7.6% |
| Cash at bank and in hand | 54/58 | €1,445 | €1,523 | +€79 | +5.4% |
| Deferred charges and accrued income | 490/1 | €1,565 | €1,661 | +€96 | +6.1% |
| Total equity and liabilities | 10/49 | €520,773 | €544,579 | +€23,805 | +4.6% |
| Equity | 10/15 | €516,155 | €539,484 | +€23,329 | +4.5% |
| Contributions | 10/11 | €495,787 | €495,787 | = | 0.0% |
| Capital | 10 | €495,787 | €495,787 | = | 0.0% |
| Issued capital | 100 | €495,787 | €495,787 | = | 0.0% |
| Reserves | 13 | €6,648 | €8,148 | +€1,500 | +22.6% |
| Non-distributable reserves | 130/1 | €2,000 | €3,500 | +€1,500 | +75.0% |
| Legal reserve | 130 | €2,000 | €3,500 | +€1,500 | +75.0% |
| Distributable reserves | 133 | €4,648 | €4,648 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,720 | €35,549 | +€21,829 | +159% |
| Amounts payable | 17/49 | €4,618 | €5,095 | +€476 | +10.3% |
| Amounts payable within one year | 42/48 | €4,618 | €5,095 | +€476 | +10.3% |
| Trade debts | 44 | €3,000 | €3,200 | +€200 | +6.7% |
| Suppliers | 440/4 | €3,000 | €3,200 | +€200 | +6.7% |
| Taxes, remuneration and social security | 45 | €1,618 | €1,895 | +€276 | +17.1% |
| Taxes | 450/3 | €1,618 | €1,895 | +€276 | +17.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,550 | €13,692 | +€142 | +1.0% |
| Other operating charges | 640/8 | €5,391 | €5,559 | +€168 | +3.1% |
| Gross operating margin | 9900 | €27,730 | €29,440 | +€1,710 | +6.2% |
| Operating profit (loss) | 9901 | €8,789 | €10,190 | +€1,400 | +15.9% |
| Financial income | 75/76B | €21,388 | €20,978 | -€411 | -1.9% |
| Recurring financial income | 75 | €21,388 | €20,978 | -€411 | -1.9% |
| Financial charges | 65/66B | €68 | €62 | -€5 | -8.1% |
| Recurring financial charges | 65 | €68 | €62 | -€5 | -8.1% |
| Profit (loss) for the period before taxes | 9903 | €30,110 | €31,105 | +€995 | +3.3% |
| Income taxes | 67/77 | €4,618 | €7,776 | +€3,158 | +68.4% |
| Profit (loss) for the period | 9904 | €25,491 | €23,329 | -€2,162 | -8.5% |
| Profit (loss) for the period to be appropriated | 9905 | €25,491 | €23,329 | -€2,162 | -8.5% |
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 14 October 2026 via checked.be.