GIMCO Manage: 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.
GIMCO Manage
Largest movements
- Cash +€48,275
up €48,275 (+322%), from €15,000 to €63,275
mainly Net result for the year (+€55,790) and Depreciation (+€18,705)
- Tangible fixed assets -€18,705
down €18,705 (-14.2%), from €132,105 to €113,400
of which Plant, machinery and equipment: -€10,986
- Receivables within one year +€17,201
up €17,201 (+6.4%), from €267,134 to €284,335
of which Other amounts receivable: +€8,777
- Deferred charges and accrued income -€8,076
down €8,076 (-100%), from €8,076 to €0
- Profit (loss) carried forward +€55,790
up €55,790 (+19.3%), from -€288,894 to -€233,104
- Tax, wage and social debts -€13,318
down €13,318 (-100%), from €13,318 to €0
- Trade debts -€5,000
down €5,000 (-100%), from €5,000 to €0
- Gross operating margin +€13,227
up €13,227 (+11.1%), from €118,824 to €132,050
- Other operating charges +€8,872
up €8,872 (+24.4%), from €36,290 to €45,161
- Financial income -€1,527
down €1,527 (-19.3%), from €7,909 to €6,383
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 | €422,315 | €461,010 | +€38,695 | +9.2% |
| Fixed assets | 21/28 | €132,105 | €113,400 | -€18,705 | -14.2% |
| Tangible fixed assets | 22/27 | €132,105 | €113,400 | -€18,705 | -14.2% |
| Land and buildings | 22 | €72,742 | €65,023 | -€7,719 | -10.6% |
| Plant, machinery and equipment | 23 | €59,363 | €48,377 | -€10,986 | -18.5% |
| Current assets | 29/58 | €290,210 | €347,610 | +€57,400 | +19.8% |
| Amounts receivable within one year | 40/41 | €267,134 | €284,335 | +€17,201 | +6.4% |
| Trade receivables | 40 | €21,422 | €29,846 | +€8,424 | +39.3% |
| Other amounts receivable | 41 | €245,712 | €254,489 | +€8,777 | +3.6% |
| Cash at bank and in hand | 54/58 | €15,000 | €63,275 | +€48,275 | +322% |
| Deferred charges and accrued income | 490/1 | €8,076 | €0 | -€8,076 | -100% |
| Total equity and liabilities | 10/49 | €422,315 | €461,010 | +€38,695 | +9.2% |
| Equity | 10/15 | €374,758 | €430,548 | +€55,790 | +14.9% |
| Contributions | 10/11 | €654,220 | €654,220 | = | 0.0% |
| Capital | 10 | €654,220 | €654,220 | = | 0.0% |
| Issued capital | 100 | €654,220 | €654,220 | = | 0.0% |
| Reserves | 13 | €9,433 | €9,433 | = | 0.0% |
| Non-distributable reserves | 130/1 | €9,433 | €9,433 | = | 0.0% |
| Legal reserve | 130 | €9,433 | €9,433 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€288,894 | -€233,104 | +€55,790 | +19.3% |
| Amounts payable | 17/49 | €47,557 | €30,462 | -€17,095 | -35.9% |
| Amounts payable within one year | 42/48 | €18,318 | €0 | -€18,318 | -100% |
| Trade debts | 44 | €5,000 | €0 | -€5,000 | -100% |
| Suppliers | 440/4 | €5,000 | €0 | -€5,000 | -100% |
| Taxes, remuneration and social security | 45 | €13,318 | €0 | -€13,318 | -100% |
| Taxes | 450/3 | €13,318 | €0 | -€13,318 | -100% |
| Accrued charges and deferred income | 492/3 | €29,239 | €30,462 | +€1,223 | +4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,705 | €18,705 | = | 0.0% |
| Other operating charges | 640/8 | €36,290 | €45,161 | +€8,872 | +24.4% |
| Gross operating margin | 9900 | €118,824 | €132,050 | +€13,227 | +11.1% |
| Operating profit (loss) | 9901 | €63,829 | €68,184 | +€4,355 | +6.8% |
| Financial income | 75/76B | €7,909 | €6,383 | -€1,527 | -19.3% |
| Recurring financial income | 75 | €7,909 | €6,383 | -€1,527 | -19.3% |
| Financial charges | 65/66B | €150 | €180 | +€30 | +20.0% |
| Recurring financial charges | 65 | €150 | €180 | +€30 | +20.0% |
| Profit (loss) for the period before taxes | 9903 | €71,589 | €74,387 | +€2,798 | +3.9% |
| Income taxes | 67/77 | €18,446 | €18,597 | +€151 | +0.8% |
| Profit (loss) for the period | 9904 | €53,143 | €55,790 | +€2,647 | +5.0% |
| Profit (loss) for the period to be appropriated | 9905 | €53,143 | €55,790 | +€2,647 | +5.0% |
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 30 October 2026 via checked.be.