GIKIMMO: what changed
GIKIMMO
Largest movements
- Cash -€109,596
down €109,596 (-87.2%), from €125,703 to €16,107
mainly Tax, wage and social debts (-€119,266) and Contributions, distributions and other (-€71,940)
- Tangible fixed assets -€26,879
down €26,879 (-6.5%), from €411,692 to €384,814
of which Land and buildings: -€19,730
- Current investments +€19,045
up €19,045 (+1.5%), from €1.3m to €1.3m
- Tax, wage and social debts -€119,266
no longer reported in 2025 (was €119,266)
- Other debts +€71,940
up €71,940 (+156%), from €46,000 to €117,940
- Reserves -€41,480
down €41,480 (-4.1%), from €1.0m to €976,981
- Debts after one year -€20,000
down €20,000 (-23.9%), from €83,833 to €63,833
of which Financial debts: -€20,000
- Gross operating margin -€23,007
down €23,007 (-32.4%), from €70,990 to €47,984
- Taxes +€4,336
up €4,336 (+6,575%), from €66 to €4,402
- Depreciation -€3,722
down €3,722 (-12.2%), from €30,601 to €26,879
- Financial income +€1,034
up €1,034 (+3.5%), from €29,503 to €30,537
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,862,509 | €1,751,483 | -€111,026 | -6.0% |
| Fixed assets | 21/28 | €411,692 | €384,814 | -€26,879 | -6.5% |
| Tangible fixed assets | 22/27 | €411,692 | €384,814 | -€26,879 | -6.5% |
| Land and buildings | 22 | €380,222 | €360,492 | -€19,730 | -5.2% |
| Plant, machinery and equipment | 23 | €31,471 | €24,322 | -€7,149 | -22.7% |
| Current assets | 29/58 | €1,450,816 | €1,366,669 | -€84,147 | -5.8% |
| Amounts receivable within one year | 40/41 | €16,035 | €21,672 | +€5,637 | +35.2% |
| Trade receivables | 40 | €39 | €832 | +€793 | +2,033% |
| Other amounts receivable | 41 | €15,996 | €20,840 | +€4,844 | +30.3% |
| Current investments | 50/53 | €1,309,078 | €1,328,123 | +€19,045 | +1.5% |
| Cash at bank and in hand | 54/58 | €125,703 | €16,107 | -€109,596 | -87.2% |
| Deferred charges and accrued income | 490/1 | - | €767 | +€767 | |
| Total equity and liabilities | 10/49 | €1,862,509 | €1,751,483 | -€111,026 | -6.0% |
| Equity | 10/15 | €1,590,855 | €1,549,382 | -€41,473 | -2.6% |
| Contributions | 10/11 | €587,500 | €587,500 | = | 0.0% |
| Reserves | 13 | €1,018,461 | €976,981 | -€41,480 | -4.1% |
| Distributable reserves | 133 | €1,018,461 | €976,981 | -€41,480 | -4.1% |
| Profit (loss) carried forward | 14 | -€15,106 | -€15,100 | +€7 | 0.0% |
| Amounts payable | 17/49 | €271,654 | €202,101 | -€69,552 | -25.6% |
| Amounts payable after more than one year | 17 | €83,833 | €63,833 | -€20,000 | -23.9% |
| Financial debts | 170/4 | €83,333 | €63,333 | -€20,000 | -24.0% |
| Other amounts payable | 178/9 | €500 | €500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €187,821 | €138,247 | -€49,574 | -26.4% |
| Current portion of amounts payable after more than one year | 42 | €21,667 | €20,000 | -€1,667 | -7.7% |
| Trade debts | 44 | €888 | €307 | -€581 | -65.4% |
| Suppliers | 440/4 | €888 | €307 | -€581 | -65.4% |
| Taxes, remuneration and social security | 45 | €119,266 | - | -€119,266 | |
| Taxes | 450/3 | €119,266 | - | -€119,266 | |
| Other amounts payable | 47/48 | €46,000 | €117,940 | +€71,940 | +156% |
| Accrued charges and deferred income | 492/3 | - | €21 | +€21 | |
| Non-recurring operating income | 76A | €38,252 | - | -€38,252 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,601 | €26,879 | -€3,722 | -12.2% |
| Other operating charges | 640/8 | €14,708 | €15,207 | +€499 | +3.4% |
| Non-recurring operating charges | 66A | €25,457 | - | -€25,457 | |
| Gross operating margin | 9900 | €70,990 | €47,984 | -€23,007 | -32.4% |
| Operating profit (loss) | 9901 | €224 | €5,898 | +€5,673 | +2,527% |
| Financial income | 75/76B | €29,503 | €30,537 | +€1,034 | +3.5% |
| Recurring financial income | 75 | €29,503 | €30,537 | +€1,034 | +3.5% |
| Financial charges | 65/66B | €1,728 | €1,565 | -€162 | -9.4% |
| Recurring financial charges | 65 | €1,728 | €1,565 | -€162 | -9.4% |
| Profit (loss) for the period before taxes | 9903 | €27,999 | €34,869 | +€6,870 | +24.5% |
| Income taxes | 67/77 | €66 | €4,402 | +€4,336 | +6,575% |
| Profit (loss) for the period | 9904 | €27,933 | €30,467 | +€2,533 | +9.1% |
| Profit (loss) for the period to be appropriated | 9905 | €27,933 | €30,467 | +€2,533 | +9.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.