GIMLI: 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.
GIMLI
Largest movements
- Tangible fixed assets +€114,204
up €114,204 (+8.7%), from €1.3m to €1.4m
of which Land and buildings: +€114,140
- Cash -€37,189
down €37,189 (-80.9%), from €45,987 to €8,798
mainly Debts after one year (-€370,465) and Investment in fixed assets (net) (-€159,460)
- Receivables within one year -€18,869
no longer reported in 2025 (was €18,869)
- Current portion of long-term debt +€401,637
up €401,637 (+895.3%), from €44,860 to €446,497
- Debts after one year -€370,465
down €370,465 (-40.2%), from €921,274 to €550,809
of which Financial debts: -€365,514
- Other debts +€81,784
up €81,784 (+27.5%), from €296,946 to €378,730
- Profit (loss) carried forward -€53,148
new in 2025: -€53,148
- Tax, wage and social debts +€49,846
up €49,846 (+3953.4%), from €1,261 to €51,107
- Gross operating margin -€166,901
down €166,901 (-76.1%), from €219,246 to €52,345
- Depreciation +€17,220
up €17,220 (+61.4%), from €28,035 to €45,256
- Financial charges +€12,421
up €12,421 (+83.5%), from €14,877 to €27,298
- Other operating charges -€10,372
down €10,372 (-24.2%), from €42,932 to €32,560
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 | €1,385,080 | €1,443,614 | +€58,534 | +4.2% |
| Fixed assets | 21/28 | €1,319,540 | €1,433,745 | +€114,204 | +8.7% |
| Tangible fixed assets | 22/27 | €1,319,540 | €1,433,745 | +€114,204 | +8.7% |
| Land and buildings | 22 | €1,316,585 | €1,430,724 | +€114,140 | +8.7% |
| Furniture and vehicles | 24 | €2,956 | €3,020 | +€65 | +2.2% |
| Current assets | 29/58 | €65,540 | €9,870 | -€55,671 | -84.9% |
| Amounts receivable within one year | 40/41 | €18,869 | - | -€18,869 | |
| Other amounts receivable | 41 | €18,869 | - | -€18,869 | |
| Cash at bank and in hand | 54/58 | €45,987 | €8,798 | -€37,189 | -80.9% |
| Deferred charges and accrued income | 490/1 | €684 | €1,072 | +€387 | +56.6% |
| Total equity and liabilities | 10/49 | €1,385,080 | €1,443,614 | +€58,534 | +4.2% |
| Equity | 10/15 | €57,166 | €4,018 | -€53,148 | -93.0% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €7,166 | €7,166 | = | 0.0% |
| Distributable reserves | 133 | €7,166 | €7,166 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€53,148 | -€53,148 | |
| Amounts payable | 17/49 | €1,327,914 | €1,439,596 | +€111,682 | +8.4% |
| Amounts payable after more than one year | 17 | €921,274 | €550,809 | -€370,465 | -40.2% |
| Financial debts | 170/4 | €890,240 | €524,725 | -€365,514 | -41.1% |
| Other amounts payable | 178/9 | €31,034 | €26,084 | -€4,951 | -16.0% |
| Amounts payable within one year | 42/48 | €403,090 | €887,187 | +€484,097 | +120.1% |
| Current portion of amounts payable after more than one year | 42 | €44,860 | €446,497 | +€401,637 | +895.3% |
| Financial debts | 43 | €4,866 | €4,951 | +€85 | +1.8% |
| Other loans | 439 | €4,866 | €4,951 | +€85 | +1.8% |
| Trade debts | 44 | €55,158 | €5,902 | -€49,256 | -89.3% |
| Suppliers | 440/4 | €55,158 | €5,902 | -€49,256 | -89.3% |
| Taxes, remuneration and social security | 45 | €1,261 | €51,107 | +€49,846 | +3953.4% |
| Taxes | 450/3 | €1,261 | €51,107 | +€49,846 | +3953.4% |
| Other amounts payable | 47/48 | €296,946 | €378,730 | +€81,784 | +27.5% |
| Accrued charges and deferred income | 492/3 | €3,550 | €1,600 | -€1,950 | -54.9% |
| Non-recurring operating income | 76A | €255,756 | - | -€255,756 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,035 | €45,256 | +€17,220 | +61.4% |
| Other operating charges | 640/8 | €42,932 | €32,560 | -€10,372 | -24.2% |
| Gross operating margin | 9900 | €219,246 | €52,345 | -€166,901 | -76.1% |
| Operating profit (loss) | 9901 | €148,278 | -€25,470 | -€173,749 | |
| Financial income | 75/76B | €306 | €445 | +€139 | +45.4% |
| Recurring financial income | 75 | €14 | €11 | -€3 | -22.9% |
| Non-recurring financial income | 76B | €292 | €435 | +€142 | +48.6% |
| Financial charges | 65/66B | €14,877 | €27,298 | +€12,421 | +83.5% |
| Recurring financial charges | 65 | €14,877 | €27,298 | +€12,421 | +83.5% |
| Profit (loss) for the period before taxes | 9903 | €133,707 | -€52,323 | -€186,030 | |
| Income taxes | 67/77 | €1,261 | €825 | -€436 | -34.6% |
| Profit (loss) for the period | 9904 | €132,446 | -€53,148 | -€185,594 | |
| Profit (loss) for the period to be appropriated | 9905 | €132,446 | -€53,148 | -€185,594 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.