GIMARCO: 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.
GIMARCO
Largest movements
- Receivables after one year +€874,000
up €874,000 (+17.3%), from €5.1m to €5.9m
- Deferred charges and accrued income +€389,859
up €389,859 (+186.5%), from €209,041 to €598,900
- Other debts +€802,599
up €802,599 (+29.2%), from €2.7m to €3.6m
- Reserves +€434,231
up €434,231 (+1.7%), from €25.8m to €26.2m
of which Distributable reserves: +€434,231
- Financial income +€410,438
up €410,438 (+177.3%), from €231,491 to €641,929
- Financial charges +€65,374
up €65,374 (+2088.1%), from €3,131 to €68,505
- Gross operating margin -€31,274
down €31,274 (-100.5%), from -€31,114 to -€62,389
- Taxes +€27,230
up €27,230 (+55.1%), from €49,448 to €76,678
- Other operating charges -€15,059
down €15,059 (-99.2%), from €15,185 to €126
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 | €29,652,833 | €31,083,655 | +€1.4m | +4.8% |
| Fixed assets | 21/28 | €21,455,364 | €21,455,186 | -€178 | 0.0% |
| Financial fixed assets | 28 | €21,455,364 | €21,455,186 | -€178 | 0.0% |
| Current assets | 29/58 | €8,197,469 | €9,628,469 | +€1.4m | +17.5% |
| Amounts receivable after more than one year | 29 | €5,063,074 | €5,937,074 | +€874,000 | +17.3% |
| Other amounts receivable | 291 | €5,063,074 | €5,937,074 | +€874,000 | +17.3% |
| Amounts receivable within one year | 40/41 | €2,876,932 | €2,853,555 | -€23,377 | -0.8% |
| Trade receivables | 40 | €60,500 | €60,500 | = | 0.0% |
| Other amounts receivable | 41 | €2,816,432 | €2,793,055 | -€23,377 | -0.8% |
| Cash at bank and in hand | 54/58 | €48,423 | €238,941 | +€190,518 | +393.4% |
| Deferred charges and accrued income | 490/1 | €209,041 | €598,900 | +€389,859 | +186.5% |
| Total equity and liabilities | 10/49 | €29,652,833 | €31,083,655 | +€1.4m | +4.8% |
| Equity | 10/15 | €26,744,483 | €27,178,715 | +€434,231 | +1.6% |
| Contributions | 10/11 | €960,000 | €960,000 | = | 0.0% |
| Capital | 10 | €960,000 | €960,000 | = | 0.0% |
| Issued capital | 100 | €960,000 | €960,000 | = | 0.0% |
| Reserves | 13 | €25,784,483 | €26,218,715 | +€434,231 | +1.7% |
| Non-distributable reserves | 130/1 | €96,000 | €96,000 | = | 0.0% |
| Legal reserve | 130 | €96,000 | €96,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,895 | €2,895 | = | 0.0% |
| Distributable reserves | 133 | €25,685,588 | €26,119,819 | +€434,231 | +1.7% |
| Amounts payable | 17/49 | €2,908,349 | €3,904,941 | +€996,592 | +34.3% |
| Amounts payable within one year | 42/48 | €2,908,349 | €3,904,941 | +€996,592 | +34.3% |
| Trade debts | 44 | €124,327 | €336,086 | +€211,760 | +170.3% |
| Suppliers | 440/4 | €124,327 | €336,086 | +€211,760 | +170.3% |
| Taxes, remuneration and social security | 45 | €34,445 | €16,678 | -€17,767 | -51.6% |
| Taxes | 450/3 | €34,445 | €16,678 | -€17,767 | -51.6% |
| Other amounts payable | 47/48 | €2,749,578 | €3,552,176 | +€802,599 | +29.2% |
| Other operating charges | 640/8 | €15,185 | €126 | -€15,059 | -99.2% |
| Gross operating margin | 9900 | -€31,114 | -€62,389 | -€31,274 | -100.5% |
| Operating profit (loss) | 9901 | -€46,299 | -€62,515 | -€16,215 | -35.0% |
| Financial income | 75/76B | €231,491 | €641,929 | +€410,438 | +177.3% |
| Recurring financial income | 75 | €231,491 | €641,929 | +€410,438 | +177.3% |
| Financial charges | 65/66B | €3,131 | €68,505 | +€65,374 | +2088.1% |
| Recurring financial charges | 65 | €3,131 | €68,505 | +€65,374 | +2088.1% |
| Profit (loss) for the period before taxes | 9903 | €182,061 | €510,909 | +€328,848 | +180.6% |
| Income taxes | 67/77 | €49,448 | €76,678 | +€27,230 | +55.1% |
| Profit (loss) for the period | 9904 | €132,613 | €434,231 | +€301,619 | +227.4% |
| Profit (loss) for the period to be appropriated | 9905 | €132,613 | €434,231 | +€301,619 | +227.4% |
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 2 October 2026 via checked.be.