GIMICECO: 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.
GIMICECO
Largest movements
- Receivables within one year -€99,766
down €99,766 (-98.2%), from €101,638 to €1,872
of which Trade receivables: -€88,762
- Stocks and contracts +€27,144
new in 2024: €27,144
- Cash -€17,553
down €17,553 (-57.4%), from €30,566 to €13,013
mainly Other debts (-€35,457) and Trade debts (-€27,815)
- Financial fixed assets +€1,933
up €1,933 (+1,546%), from €125 to €2,058
- Profit (loss) carried forward -€42,847
down €42,847, from €37,200 to -€5,647
- Other debts -€35,457
down €35,457 (-97.9%), from €36,207 to €750
- Trade debts -€27,815
no longer reported in 2024 (was €27,815)
- Reserves +€21,665
up €21,665 (+7,127%), from €304 to €21,969
of which Distributable reserves: +€20,000
- Tax, wage and social debts -€11,977
down €11,977 (-91.9%), from €13,039 to €1,062
- Staff costs +€23,560
new in 2024: €23,560
- Gross operating margin +€4,361
up €4,361 (+24.5%), from €17,834 to €22,195
- Other operating charges +€3,450
new in 2024: €3,450
- Taxes -€2,689
down €2,689 (-89.6%), from €3,000 to €311
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €133,165 | €44,087 | -€89,078 | -66.9% |
| Fixed assets | 21/28 | €125 | €2,058 | +€1,933 | +1,546% |
| Financial fixed assets | 28 | €125 | €2,058 | +€1,933 | +1,546% |
| Current assets | 29/58 | €133,040 | €42,029 | -€91,011 | -68.4% |
| Stocks and contracts in progress | 3 | - | €27,144 | +€27,144 | |
| Stocks | 30/36 | - | €27,144 | +€27,144 | |
| Amounts receivable within one year | 40/41 | €101,638 | €1,872 | -€99,766 | -98.2% |
| Trade receivables | 40 | €90,234 | €1,472 | -€88,762 | -98.4% |
| Other amounts receivable | 41 | €11,404 | €401 | -€11,004 | -96.5% |
| Cash at bank and in hand | 54/58 | €30,566 | €13,013 | -€17,553 | -57.4% |
| Deferred charges and accrued income | 490/1 | €836 | - | -€836 | |
| Total equity and liabilities | 10/49 | €133,165 | €44,087 | -€89,078 | -66.9% |
| Equity | 10/15 | €56,104 | €34,922 | -€21,182 | -37.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | - | -€18,600 | |
| Other | 1109/19 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €304 | €21,969 | +€21,665 | +7,127% |
| Non-distributable reserves | 130/1 | €304 | €1,969 | +€1,665 | +548% |
| Reserves not available under the articles | 1311 | €304 | €1,969 | +€1,665 | +548% |
| Distributable reserves | 133 | - | €20,000 | +€20,000 | |
| Profit (loss) carried forward | 14 | €37,200 | -€5,647 | -€42,847 | |
| Amounts payable | 17/49 | €77,061 | €9,165 | -€67,896 | -88.1% |
| Amounts payable after more than one year | 17 | - | €7,353 | +€7,353 | |
| Trade debts | 175 | - | €7,353 | +€7,353 | |
| Amounts payable within one year | 42/48 | €77,061 | €1,812 | -€75,249 | -97.6% |
| Trade debts | 44 | €27,815 | - | -€27,815 | |
| Suppliers | 440/4 | €27,815 | - | -€27,815 | |
| Taxes, remuneration and social security | 45 | €13,039 | €1,062 | -€11,977 | -91.9% |
| Taxes | 450/3 | €13,039 | €1,062 | -€11,977 | -91.9% |
| Other amounts payable | 47/48 | €36,207 | €750 | -€35,457 | -97.9% |
| Remuneration, social security and pensions | 62 | - | €23,560 | +€23,560 | |
| Other operating charges | 640/8 | - | €3,450 | +€3,450 | |
| Gross operating margin | 9900 | €17,834 | €22,195 | +€4,361 | +24.5% |
| Operating profit (loss) | 9901 | €17,834 | -€4,816 | -€22,649 | |
| Financial charges | 65/66B | €477 | €520 | +€43 | +9.0% |
| Recurring financial charges | 65 | €477 | €520 | +€43 | +9.0% |
| Profit (loss) for the period before taxes | 9903 | €17,357 | -€5,336 | -€22,692 | |
| Income taxes | 67/77 | €3,000 | €311 | -€2,689 | -89.6% |
| Profit (loss) for the period | 9904 | €14,357 | -€5,647 | -€20,004 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,357 | -€5,647 | -€20,004 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.