GIMANI: 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.
GIMANI
Largest movements
- Cash +€22,602
up €22,602 (+27.0%), from €83,667 to €106,269
mainly Net result for the year (+€26,383) and Depreciation (+€23,144)
- Tangible fixed assets -€17,440
down €17,440 (-8.4%), from €208,292 to €190,852
of which Land and buildings: -€9,466
- Receivables within one year +€4,159
up €4,159 (+48134.8%), from €9 to €4,167
- Stocks and contracts -€4,135
down €4,135 (-10.3%), from €39,971 to €35,835
- Reserves +€24,783
up €24,783 (+16.5%), from €150,110 to €174,892
- Debts after one year -€19,429
down €19,429 (-35.4%), from €54,908 to €35,479
- Gross operating margin -€3,970
down €3,970 (-5.7%), from €69,089 to €65,119
- Depreciation -€852
down €852 (-3.6%), from €23,996 to €23,144
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 | €332,525 | €337,123 | +€4,599 | +1.4% |
| Fixed assets | 21/28 | €208,292 | €190,852 | -€17,440 | -8.4% |
| Tangible fixed assets | 22/27 | €208,292 | €190,852 | -€17,440 | -8.4% |
| Land and buildings | 22 | €147,894 | €138,427 | -€9,466 | -6.4% |
| Plant, machinery and equipment | 23 | €39,603 | €33,972 | -€5,631 | -14.2% |
| Furniture and vehicles | 24 | €20,795 | €18,453 | -€2,343 | -11.3% |
| Current assets | 29/58 | €124,233 | €146,271 | +€22,039 | +17.7% |
| Stocks and contracts in progress | 3 | €39,971 | €35,835 | -€4,135 | -10.3% |
| Stocks | 30/36 | €39,971 | €35,835 | -€4,135 | -10.3% |
| Amounts receivable within one year | 40/41 | €9 | €4,167 | +€4,159 | +48134.8% |
| Other amounts receivable | 41 | €9 | €4,167 | +€4,159 | +48134.8% |
| Cash at bank and in hand | 54/58 | €83,667 | €106,269 | +€22,602 | +27.0% |
| Deferred charges and accrued income | 490/1 | €587 | €0 | -€587 | -100.0% |
| Total equity and liabilities | 10/49 | €332,525 | €337,123 | +€4,599 | +1.4% |
| Equity | 10/15 | €242,513 | €267,295 | +€24,783 | +10.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | €73,803 | €73,803 | = | 0.0% |
| Reserves | 13 | €150,110 | €174,892 | +€24,783 | +16.5% |
| Distributable reserves | 133 | €150,110 | €174,892 | +€24,783 | +16.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €90,012 | €69,828 | -€20,184 | -22.4% |
| Amounts payable after more than one year | 17 | €54,908 | €35,479 | -€19,429 | -35.4% |
| Financial debts | 170/4 | €54,908 | €35,479 | -€19,429 | -35.4% |
| Amounts payable within one year | 42/48 | €35,104 | €34,349 | -€755 | -2.2% |
| Current portion of amounts payable after more than one year | 42 | €18,922 | €19,439 | +€517 | +2.7% |
| Trade debts | 44 | €3,560 | €3,873 | +€313 | +8.8% |
| Suppliers | 440/4 | €3,560 | €3,873 | +€313 | +8.8% |
| Taxes, remuneration and social security | 45 | €10,804 | €8,805 | -€1,998 | -18.5% |
| Taxes | 450/3 | €6,019 | €4,003 | -€2,016 | -33.5% |
| Remuneration and social security | 454/9 | €4,784 | €4,802 | +€18 | +0.4% |
| Other amounts payable | 47/48 | €1,818 | €2,231 | +€414 | +22.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,996 | €23,144 | -€852 | -3.6% |
| Other operating charges | 640/8 | €1,774 | €1,725 | -€49 | -2.8% |
| Gross operating margin | 9900 | €69,089 | €65,119 | -€3,970 | -5.7% |
| Operating profit (loss) | 9901 | €43,319 | €40,251 | -€3,068 | -7.1% |
| Financial income | 75/76B | €11 | €2 | -€9 | -79.7% |
| Recurring financial income | 75 | €11 | €2 | -€9 | -79.7% |
| Financial charges | 65/66B | €3,426 | €2,968 | -€459 | -13.4% |
| Recurring financial charges | 65 | €3,426 | €2,968 | -€459 | -13.4% |
| Profit (loss) for the period before taxes | 9903 | €39,904 | €37,286 | -€2,618 | -6.6% |
| Income taxes | 67/77 | €11,337 | €10,903 | -€434 | -3.8% |
| Profit (loss) for the period | 9904 | €28,567 | €26,383 | -€2,184 | -7.6% |
| Profit (loss) for the period to be appropriated | 9905 | €28,567 | €26,383 | -€2,184 | -7.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.