GIMABEL: 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.
GIMABEL
Largest movements
- Tangible fixed assets +€50,177
up €50,177 (+49.4%), from €101,637 to €151,815
of which Leasing and similar rights: +€62,849
- Intangible fixed assets -€15,625
down €15,625 (-13.2%), from €118,214 to €102,589
- Cash -€5,400
down €5,400 (-15.1%), from €35,667 to €30,267
mainly Contributions, distributions and other (-€186,830) and Investment in fixed assets (net) (-€87,045)
- Debts after one year +€37,304
up €37,304 (+100.7%), from €37,044 to €74,348
- Current portion of long-term debt -€7,159
down €7,159 (-26.0%), from €27,514 to €20,355
- Other debts -€6,418
down €6,418 (-2.3%), from €284,982 to €278,564
- Depreciation +€10,237
up €10,237 (+24.2%), from €42,256 to €52,493
- Gross operating margin -€7,284
down €7,284 (-2.3%), from €313,287 to €306,002
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 | €427,790 | €454,541 | +€26,751 | +6.3% |
| Fixed assets | 21/28 | €219,851 | €254,403 | +€34,553 | +15.7% |
| Intangible fixed assets | 21 | €118,214 | €102,589 | -€15,625 | -13.2% |
| Tangible fixed assets | 22/27 | €101,637 | €151,815 | +€50,177 | +49.4% |
| Land and buildings | 22 | €2,463 | €1,963 | -€500 | -20.3% |
| Furniture and vehicles | 24 | €27,591 | €15,392 | -€12,200 | -44.2% |
| Leasing and similar rights | 25 | €53,838 | €116,688 | +€62,849 | +116.7% |
| Other tangible fixed assets | 26 | €17,745 | €17,773 | +€28 | +0.2% |
| Current assets | 29/58 | €207,939 | €200,137 | -€7,802 | -3.8% |
| Amounts receivable within one year | 40/41 | €169,725 | €165,670 | -€4,055 | -2.4% |
| Trade receivables | 40 | €163,125 | €160,770 | -€2,355 | -1.4% |
| Other amounts receivable | 41 | €6,600 | €4,900 | -€1,700 | -25.8% |
| Cash at bank and in hand | 54/58 | €35,667 | €30,267 | -€5,400 | -15.1% |
| Deferred charges and accrued income | 490/1 | €2,547 | €4,200 | +€1,653 | +64.9% |
| Total equity and liabilities | 10/49 | €427,790 | €454,541 | +€26,751 | +6.3% |
| Equity | 10/15 | €20,460 | €20,460 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Amounts payable | 17/49 | €407,330 | €434,081 | +€26,751 | +6.6% |
| Amounts payable after more than one year | 17 | €37,044 | €74,348 | +€37,304 | +100.7% |
| Financial debts | 170/4 | €37,044 | €74,348 | +€37,304 | +100.7% |
| Amounts payable within one year | 42/48 | €369,986 | €359,433 | -€10,553 | -2.9% |
| Current portion of amounts payable after more than one year | 42 | €27,514 | €20,355 | -€7,159 | -26.0% |
| Trade debts | 44 | €3,534 | €3,366 | -€168 | -4.7% |
| Suppliers | 440/4 | €3,534 | €3,366 | -€168 | -4.7% |
| Taxes, remuneration and social security | 45 | €53,957 | €57,148 | +€3,191 | +5.9% |
| Taxes | 450/3 | €53,957 | €57,148 | +€3,191 | +5.9% |
| Other amounts payable | 47/48 | €284,982 | €278,564 | -€6,418 | -2.3% |
| Accrued charges and deferred income | 492/3 | €300 | €300 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,256 | €52,493 | +€10,237 | +24.2% |
| Other operating charges | 640/8 | €8,469 | €5,876 | -€2,593 | -30.6% |
| Gross operating margin | 9900 | €313,287 | €306,002 | -€7,284 | -2.3% |
| Operating profit (loss) | 9901 | €262,562 | €247,634 | -€14,928 | -5.7% |
| Financial charges | 65/66B | €2,243 | €2,722 | +€479 | +21.4% |
| Recurring financial charges | 65 | €2,243 | €2,722 | +€479 | +21.4% |
| Profit (loss) for the period before taxes | 9903 | €260,319 | €244,912 | -€15,407 | -5.9% |
| Income taxes | 67/77 | €60,900 | €58,081 | -€2,819 | -4.6% |
| Profit (loss) for the period | 9904 | €199,419 | €186,830 | -€12,589 | -6.3% |
| Profit (loss) for the period to be appropriated | 9905 | €199,419 | €186,830 | -€12,589 | -6.3% |
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.