GILMEX INTERNATIONAL SERVICES: 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.
GILMEX INTERNATIONAL SERVICES
Largest movements
- Receivables after one year +€293,869
up €293,869 (+30.0%), from €978,907 to €1.3m
- Cash -€26,011
down €26,011 (-93.1%), from €27,947 to €1,936
mainly Net result for the year (-€308,714) and Receivables after one year (-€293,869)
- Debts after one year +€570,170
up €570,170 (+18.2%), from €3.1m to €3.7m
- Profit (loss) carried forward -€308,714
down €308,714 (-11.9%), from -€2.6m to -€2.9m
- Financial charges +€100,010
up €100,010 (+15,087%), from €663 to €100,673
- Gross operating margin -€24,261
down €24,261 (-12.2%), from -€198,838 to -€223,100
- Financial income +€18,817
up €18,817 (+342%), from €5,496 to €24,313
- Other operating charges +€7,631
up €7,631 (+703%), from €1,086 to €8,717
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 | €1,519,967 | €1,780,973 | +€261,006 | +17.2% |
| Fixed assets | 21/28 | €4,885 | €4,348 | -€537 | -11.0% |
| Tangible fixed assets | 22/27 | €1,175 | €638 | -€537 | -45.7% |
| Plant, machinery and equipment | 23 | €1,175 | €638 | -€537 | -45.7% |
| Financial fixed assets | 28 | €3,710 | €3,710 | = | 0.0% |
| Current assets | 29/58 | €1,515,082 | €1,776,625 | +€261,543 | +17.3% |
| Amounts receivable after more than one year | 29 | €978,907 | €1,272,776 | +€293,869 | +30.0% |
| Other amounts receivable | 291 | €978,907 | €1,272,776 | +€293,869 | +30.0% |
| Amounts receivable within one year | 40/41 | €508,229 | €501,914 | -€6,315 | -1.2% |
| Trade receivables | 40 | €498,336 | €492,012 | -€6,323 | -1.3% |
| Other amounts receivable | 41 | €9,893 | €9,902 | +€9 | +0.1% |
| Cash at bank and in hand | 54/58 | €27,947 | €1,936 | -€26,011 | -93.1% |
| Total equity and liabilities | 10/49 | €1,519,967 | €1,780,973 | +€261,006 | +17.2% |
| Equity | 10/15 | -€1,632,857 | -€1,941,571 | -€308,714 | -18.9% |
| Contributions | 10/11 | €900,000 | €900,000 | = | 0.0% |
| Capital | 10 | €900,000 | €900,000 | = | 0.0% |
| Issued capital | 100 | €900,000 | €900,000 | = | 0.0% |
| Reserves | 13 | €57,477 | €57,477 | = | 0.0% |
| Non-distributable reserves | 130/1 | €24,904 | €24,904 | = | 0.0% |
| Legal reserve | 130 | €24,904 | €24,904 | = | 0.0% |
| Tax-exempt reserves | 132 | €23,798 | €23,798 | = | 0.0% |
| Distributable reserves | 133 | €8,775 | €8,775 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,590,333 | -€2,899,047 | -€308,714 | -11.9% |
| Amounts payable | 17/49 | €3,152,824 | €3,722,544 | +€569,720 | +18.1% |
| Amounts payable after more than one year | 17 | €3,130,588 | €3,700,758 | +€570,170 | +18.2% |
| Financial debts | 170/4 | €3,130,588 | €3,700,758 | +€570,170 | +18.2% |
| Amounts payable within one year | 42/48 | €22,236 | €21,786 | -€450 | -2.0% |
| Trade debts | 44 | €22,236 | €21,786 | -€450 | -2.0% |
| Suppliers | 440/4 | €22,236 | €21,786 | -€450 | -2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €537 | €537 | = | 0.0% |
| Other operating charges | 640/8 | €1,086 | €8,717 | +€7,631 | +703% |
| Gross operating margin | 9900 | -€198,838 | -€223,100 | -€24,261 | -12.2% |
| Operating profit (loss) | 9901 | -€200,461 | -€232,354 | -€31,892 | -15.9% |
| Financial income | 75/76B | €5,496 | €24,313 | +€18,817 | +342% |
| Recurring financial income | 75 | €5,496 | €24,313 | +€18,817 | +342% |
| Financial charges | 65/66B | €663 | €100,673 | +€100,010 | +15,087% |
| Recurring financial charges | 65 | €663 | €100,673 | +€100,010 | +15,087% |
| Profit (loss) for the period before taxes | 9903 | -€195,628 | -€308,714 | -€113,086 | -57.8% |
| Profit (loss) for the period | 9904 | -€195,628 | -€308,714 | -€113,086 | -57.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€195,628 | -€308,714 | -€113,086 | -57.8% |
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 1 November 2026 via checked.be.