GIMA: 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.
GIMA
Largest movements
- Cash +€13,100
up €13,100 (+13.5%), from €97,335 to €110,435
mainly Receivables within one year (+€12,204) and Short-term financial debts (+€11,005)
- Receivables within one year -€12,204
down €12,204 (-91.7%), from €13,311 to €1,108
of which Other amounts receivable: -€10,185
- Tangible fixed assets -€4,147
down €4,147 (-34.1%), from €12,169 to €8,023
- Stocks and contracts -€1,900
down €1,900 (-9.9%), from €19,250 to €17,350
- Profit (loss) carried forward -€22,474
down €22,474 (-39.4%), from -€57,083 to -€79,557
- Short-term financial debts +€11,005
up €11,005 (+496%), from €2,217 to €13,222
- Trade debts +€5,195
up €5,195 (+26.4%), from €19,688 to €24,883
- Staff costs -€34,938
down €34,938 (-18.2%), from €191,772 to €156,834
- Gross operating margin -€11,381
down €11,381 (-7.0%), from €161,561 to €150,180
- Other operating charges +€4,462
up €4,462 (+76.5%), from €5,835 to €10,297
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 | €143,782 | €138,742 | -€5,040 | -3.5% |
| Fixed assets | 21/28 | €12,333 | €8,186 | -€4,147 | -33.6% |
| Tangible fixed assets | 22/27 | €12,169 | €8,023 | -€4,147 | -34.1% |
| Plant, machinery and equipment | 23 | €12,169 | €8,023 | -€4,147 | -34.1% |
| Financial fixed assets | 28 | €163 | €163 | = | 0.0% |
| Current assets | 29/58 | €131,449 | €130,556 | -€893 | -0.7% |
| Stocks and contracts in progress | 3 | €19,250 | €17,350 | -€1,900 | -9.9% |
| Stocks | 30/36 | €19,250 | €17,350 | -€1,900 | -9.9% |
| Amounts receivable within one year | 40/41 | €13,311 | €1,108 | -€12,204 | -91.7% |
| Trade receivables | 40 | €2,018 | €0 | -€2,018 | -100% |
| Other amounts receivable | 41 | €11,293 | €1,108 | -€10,185 | -90.2% |
| Cash at bank and in hand | 54/58 | €97,335 | €110,435 | +€13,100 | +13.5% |
| Deferred charges and accrued income | 490/1 | €1,552 | €1,663 | +€111 | +7.1% |
| Total equity and liabilities | 10/49 | €143,782 | €138,742 | -€5,040 | -3.5% |
| Equity | 10/15 | €97,471 | €74,997 | -€22,474 | -23.1% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €129,554 | €129,554 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,961 | €1,961 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,961 | €1,961 | = | 0.0% |
| Distributable reserves | 133 | €127,593 | €127,593 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€57,083 | -€79,557 | -€22,474 | -39.4% |
| Amounts payable | 17/49 | €46,311 | €63,745 | +€17,434 | +37.6% |
| Amounts payable within one year | 42/48 | €46,311 | €63,745 | +€17,434 | +37.6% |
| Financial debts | 43 | €2,217 | €13,222 | +€11,005 | +496% |
| Credit institutions | 430/8 | €2,217 | €13,222 | +€11,005 | +496% |
| Trade debts | 44 | €19,688 | €24,883 | +€5,195 | +26.4% |
| Suppliers | 440/4 | €19,688 | €24,883 | +€5,195 | +26.4% |
| Taxes, remuneration and social security | 45 | €20,228 | €21,462 | +€1,234 | +6.1% |
| Taxes | 450/3 | €6,570 | €6,247 | -€323 | -4.9% |
| Remuneration and social security | 454/9 | €13,658 | €15,215 | +€1,557 | +11.4% |
| Other amounts payable | 47/48 | €4,178 | €4,178 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €191,772 | €156,834 | -€34,938 | -18.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,681 | €4,147 | +€466 | +12.6% |
| Other operating charges | 640/8 | €5,835 | €10,297 | +€4,462 | +76.5% |
| Gross operating margin | 9900 | €161,561 | €150,180 | -€11,381 | -7.0% |
| Operating profit (loss) | 9901 | -€39,728 | -€21,098 | +€18,629 | +46.9% |
| Financial income | 75/76B | €4,107 | €4,688 | +€581 | +14.1% |
| Recurring financial income | 75 | €4,107 | €4,688 | +€581 | +14.1% |
| Financial charges | 65/66B | €6,357 | €6,063 | -€294 | -4.6% |
| Recurring financial charges | 65 | €6,357 | €6,063 | -€294 | -4.6% |
| Profit (loss) for the period before taxes | 9903 | -€41,978 | -€22,474 | +€19,504 | +46.5% |
| Profit (loss) for the period | 9904 | -€41,978 | -€22,474 | +€19,504 | +46.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€41,978 | -€22,474 | +€19,504 | +46.5% |
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 17 October 2026 via checked.be.