Gimath: 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.
Gimath
Largest movements
- Cash +€27,647
up €27,647 (+1,156%), from €2,392 to €30,039
mainly Net result for the year (+€39,359) and Other debts (+€26,753)
- Tangible fixed assets -€1,607
down €1,607 (-14.9%), from €10,808 to €9,201
of which Other tangible fixed assets: -€1,249
- Receivables within one year +€693
up €693 (+2.5%), from €28,030 to €28,723
of which Other amounts receivable: +€1,537
- Other debts +€26,753
up €26,753 (+2,950%), from €907 to €27,660
- Profit (loss) carried forward +€15,726
up €15,726, from -€15,726 to €0
- Debts after one year -€15,000
down €15,000 (-100%), from €15,000 to €0
- Reserves -€1,367
down €1,367 (-5.4%), from €25,103 to €23,735
- Gross operating margin +€66,762
up €66,762, from -€13,476 to €53,285
- Taxes +€6,323
up €6,323 (+4,532%), from €140 to €6,463
- Other operating charges +€4,537
up €4,537 (+1,030%), from €440 to €4,977
- Financial charges +€816
up €816 (+1,291%), from €63 to €879
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 | €41,229 | €67,962 | +€26,733 | +64.8% |
| Fixed assets | 21/28 | €10,808 | €9,201 | -€1,607 | -14.9% |
| Tangible fixed assets | 22/27 | €10,808 | €9,201 | -€1,607 | -14.9% |
| Plant, machinery and equipment | 23 | €1,018 | €660 | -€358 | -35.2% |
| Other tangible fixed assets | 26 | €9,790 | €8,541 | -€1,249 | -12.8% |
| Current assets | 29/58 | €30,422 | €58,762 | +€28,340 | +93.2% |
| Amounts receivable within one year | 40/41 | €28,030 | €28,723 | +€693 | +2.5% |
| Trade receivables | 40 | €28,030 | €27,185 | -€844 | -3.0% |
| Other amounts receivable | 41 | - | €1,537 | +€1,537 | |
| Cash at bank and in hand | 54/58 | €2,392 | €30,039 | +€27,647 | +1,156% |
| Total equity and liabilities | 10/49 | €41,229 | €67,962 | +€26,733 | +64.8% |
| Equity | 10/15 | €14,376 | €28,735 | +€14,359 | +99.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €25,103 | €23,735 | -€1,367 | -5.4% |
| Distributable reserves | 133 | €25,103 | €23,735 | -€1,367 | -5.4% |
| Profit (loss) carried forward | 14 | -€15,726 | €0 | +€15,726 | |
| Amounts payable | 17/49 | €26,853 | €39,227 | +€12,374 | +46.1% |
| Amounts payable after more than one year | 17 | €15,000 | €0 | -€15,000 | -100% |
| Other amounts payable | 178/9 | €15,000 | €0 | -€15,000 | -100% |
| Amounts payable within one year | 42/48 | €11,853 | €39,227 | +€27,374 | +231% |
| Trade debts | 44 | €1,971 | €2,464 | +€493 | +25.0% |
| Suppliers | 440/4 | €1,971 | €2,464 | +€493 | +25.0% |
| Taxes, remuneration and social security | 45 | €8,976 | €9,103 | +€128 | +1.4% |
| Taxes | 450/3 | €8,976 | €9,103 | +€128 | +1.4% |
| Other amounts payable | 47/48 | €907 | €27,660 | +€26,753 | +2,950% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,607 | €1,607 | = | 0.0% |
| Other operating charges | 640/8 | €440 | €4,977 | +€4,537 | +1,030% |
| Gross operating margin | 9900 | -€13,476 | €53,285 | +€66,762 | |
| Operating profit (loss) | 9901 | -€15,524 | €46,701 | +€62,225 | |
| Financial charges | 65/66B | €63 | €879 | +€816 | +1,291% |
| Recurring financial charges | 65 | €63 | €879 | +€816 | +1,291% |
| Profit (loss) for the period before taxes | 9903 | -€15,587 | €45,822 | +€61,408 | |
| Income taxes | 67/77 | €140 | €6,463 | +€6,323 | +4,532% |
| Profit (loss) for the period | 9904 | -€15,726 | €39,359 | +€55,085 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,726 | €39,359 | +€55,085 |
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 16 October 2026 via checked.be.