GIMARA: 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.
GIMARA
Largest movements
- Tangible fixed assets +€139,579
new in 2025: €139,579
- Receivables within one year -€100,000
down €100,000 (-50.8%), from €196,930 to €96,930
of which Other amounts receivable: -€100,000
- Cash +€3,479
up €3,479 (+29.4%), from €11,841 to €15,320
mainly Receivables within one year (+€100,000) and Other debts (+€47,332)
- Other debts +€47,332
new in 2025: €47,332
- Reserves -€4,505
down €4,505 (-2.2%), from €202,474 to €197,969
of which Distributable reserves: -€4,505
- Depreciation +€7,109
new in 2025: €7,109
- Gross operating margin +€5,138
up €5,138, from -€1,028 to €4,110
- Other operating charges +€834
up €834 (+151.8%), from €549 to €1,384
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 | €208,771 | €251,829 | +€43,058 | +20.6% |
| Fixed assets | 21/28 | - | €139,579 | +€139,579 | |
| Tangible fixed assets | 22/27 | - | €139,579 | +€139,579 | |
| Land and buildings | 22 | - | €139,579 | +€139,579 | |
| Current assets | 29/58 | €208,771 | €112,250 | -€96,521 | -46.2% |
| Amounts receivable within one year | 40/41 | €196,930 | €96,930 | -€100,000 | -50.8% |
| Trade receivables | 40 | €23,232 | €23,232 | = | 0.0% |
| Other amounts receivable | 41 | €173,698 | €73,698 | -€100,000 | -57.6% |
| Cash at bank and in hand | 54/58 | €11,841 | €15,320 | +€3,479 | +29.4% |
| Total equity and liabilities | 10/49 | €208,771 | €251,829 | +€43,058 | +20.6% |
| Equity | 10/15 | €208,671 | €204,166 | -€4,505 | -2.2% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €202,474 | €197,969 | -€4,505 | -2.2% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €200,615 | €196,110 | -€4,505 | -2.2% |
| Amounts payable | 17/49 | €100 | €47,663 | +€47,563 | +47562.7% |
| Amounts payable within one year | 42/48 | €100 | €47,663 | +€47,563 | +47562.7% |
| Trade debts | 44 | €100 | €331 | +€231 | +230.8% |
| Suppliers | 440/4 | €100 | €331 | +€231 | +230.8% |
| Other amounts payable | 47/48 | - | €47,332 | +€47,332 | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €7,109 | +€7,109 | |
| Other operating charges | 640/8 | €549 | €1,384 | +€834 | +151.8% |
| Gross operating margin | 9900 | -€1,028 | €4,110 | +€5,138 | |
| Operating profit (loss) | 9901 | -€1,577 | -€4,382 | -€2,805 | -177.9% |
| Financial charges | 65/66B | €96 | €123 | +€26 | +27.2% |
| Recurring financial charges | 65 | €96 | €123 | +€26 | +27.2% |
| Profit (loss) for the period before taxes | 9903 | -€1,674 | -€4,505 | -€2,831 | -169.2% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€1,674 | -€4,505 | -€2,831 | -169.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,674 | -€4,505 | -€2,831 | -169.2% |
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 9 October 2026 via checked.be.