Gimelo: 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.
Gimelo
Largest movements
- Receivables within one year -€22,574
down €22,574 (-89.9%), from €25,121 to €2,546
of which Other amounts receivable: -€16,550
- Tangible fixed assets -€7,099
down €7,099 (-4.2%), from €170,821 to €163,722
- Cash -€5,294
down €5,294 (-69.3%), from €7,641 to €2,347
mainly Debts after one year (-€25,308) and Tax, wage and social debts (-€7,232)
- Debts after one year -€25,308
down €25,308 (-19.3%), from €131,224 to €105,917
- Reserves -€15,456
down €15,456 (-33.1%), from €46,700 to €31,244
- Profit (loss) carried forward +€8,936
no longer reported in 2025 (was -€8,936)
- Tax, wage and social debts -€7,232
down €7,232 (-96.6%), from €7,485 to €253
- Financial income +€13,194
up €13,194 (+871.8%), from €1,514 to €14,708
- Gross operating margin -€2,778
down €2,778 (-45.0%), from €6,172 to €3,394
- Write-downs +€1,404
new in 2025: €1,404
- Taxes +€677
up €677, from -€288 to €390
- Depreciation -€624
down €624 (-6.0%), from €10,352 to €9,728
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 | €205,966 | €169,748 | -€36,218 | -17.6% |
| Fixed assets | 21/28 | €171,935 | €164,276 | -€7,659 | -4.5% |
| Intangible fixed assets | 21 | €1,114 | €554 | -€560 | -50.3% |
| Tangible fixed assets | 22/27 | €170,821 | €163,722 | -€7,099 | -4.2% |
| Land and buildings | 22 | €156,854 | €153,604 | -€3,250 | -2.1% |
| Plant, machinery and equipment | 23 | €8,669 | €7,224 | -€1,445 | -16.7% |
| Furniture and vehicles | 24 | €2,889 | €1,286 | -€1,603 | -55.5% |
| Leasing and similar rights | 25 | €2,410 | €1,609 | -€801 | -33.2% |
| Current assets | 29/58 | €34,031 | €5,472 | -€28,559 | -83.9% |
| Amounts receivable within one year | 40/41 | €25,121 | €2,546 | -€22,574 | -89.9% |
| Trade receivables | 40 | €7,536 | €1,512 | -€6,024 | -79.9% |
| Other amounts receivable | 41 | €17,585 | €1,035 | -€16,550 | -94.1% |
| Cash at bank and in hand | 54/58 | €7,641 | €2,347 | -€5,294 | -69.3% |
| Deferred charges and accrued income | 490/1 | €1,269 | €578 | -€691 | -54.5% |
| Total equity and liabilities | 10/49 | €205,966 | €169,748 | -€36,218 | -17.6% |
| Equity | 10/15 | €39,764 | €33,244 | -€6,519 | -16.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €46,700 | €31,244 | -€15,456 | -33.1% |
| Distributable reserves | 133 | €46,700 | €31,244 | -€15,456 | -33.1% |
| Profit (loss) carried forward | 14 | -€8,936 | - | +€8,936 | |
| Amounts payable | 17/49 | €166,202 | €136,503 | -€29,699 | -17.9% |
| Amounts payable after more than one year | 17 | €131,224 | €105,917 | -€25,308 | -19.3% |
| Financial debts | 170/4 | €131,224 | €105,917 | -€25,308 | -19.3% |
| Amounts payable within one year | 42/48 | €34,753 | €30,587 | -€4,166 | -12.0% |
| Current portion of amounts payable after more than one year | 42 | €5,991 | €6,485 | +€494 | +8.2% |
| Trade debts | 44 | - | €717 | +€717 | |
| Suppliers | 440/4 | - | €717 | +€717 | |
| Taxes, remuneration and social security | 45 | €7,485 | €253 | -€7,232 | -96.6% |
| Taxes | 450/3 | €7,485 | €253 | -€7,232 | -96.6% |
| Other amounts payable | 47/48 | €21,277 | €23,132 | +€1,855 | +8.7% |
| Accrued charges and deferred income | 492/3 | €225 | - | -€225 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,352 | €9,728 | -€624 | -6.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,404 | +€1,404 | |
| Other operating charges | 640/8 | €2,884 | €2,668 | -€216 | -7.5% |
| Gross operating margin | 9900 | €6,172 | €3,394 | -€2,778 | -45.0% |
| Operating profit (loss) | 9901 | -€7,063 | -€10,406 | -€3,343 | -47.3% |
| Financial income | 75/76B | €1,514 | €14,708 | +€13,194 | +871.8% |
| Recurring financial income | 75 | €1,514 | €14,708 | +€13,194 | +871.8% |
| Financial charges | 65/66B | €3,764 | €3,432 | -€332 | -8.8% |
| Recurring financial charges | 65 | €3,764 | €3,432 | -€332 | -8.8% |
| Profit (loss) for the period before taxes | 9903 | -€9,313 | €871 | +€10,184 | |
| Income taxes | 67/77 | -€288 | €390 | +€677 | |
| Profit (loss) for the period | 9904 | -€9,026 | €481 | +€9,506 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,026 | €481 | +€9,506 |
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 10 October 2026 via checked.be.