GIMMO PROJECTS: 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.
GIMMO PROJECTS
Largest movements
- Stocks and contracts +€804,455
up €804,455 (+148%), from €543,000 to €1.3m
- Receivables within one year -€710,262
down €710,262 (-52.2%), from €1.4m to €650,074
of which Other amounts receivable: -€710,982
- Cash +€400,522
up €400,522 (+87.4%), from €458,471 to €858,993
mainly Receivables within one year (+€710,262) and Other debts (+€291,618)
- Tangible fixed assets +€40,663
up €40,663 (+1,817%), from €2,237 to €42,900
of which Furniture and vehicles: +€40,808
- Other debts +€291,618
up €291,618 (+60.2%), from €484,387 to €776,005
- Short-term financial debts +€200,000
new in 2025: €200,000
- Reserves +€42,051
up €42,051 (+3.4%), from €1.2m to €1.3m
of which Distributable reserves: +€43,911
- Gross operating margin -€168,683
down €168,683 (-91.6%), from €184,102 to €15,419
- Financial charges -€36,221
down €36,221 (-51.4%), from €70,430 to €34,209
- Financial income +€34,226
up €34,226 (+76.2%), from €44,932 to €79,158
- Taxes -€6,393
down €6,393 (-31.5%), from €20,268 to €13,875
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 | €2,369,507 | €2,904,443 | +€534,937 | +22.6% |
| Fixed assets | 21/28 | €2,237 | €42,900 | +€40,663 | +1,817% |
| Tangible fixed assets | 22/27 | €2,237 | €42,900 | +€40,663 | +1,817% |
| Plant, machinery and equipment | 23 | €145 | - | -€145 | |
| Furniture and vehicles | 24 | €2,092 | €42,900 | +€40,808 | +1,950% |
| Current assets | 29/58 | €2,367,269 | €2,861,543 | +€494,274 | +20.9% |
| Stocks and contracts in progress | 3 | €543,000 | €1,347,455 | +€804,455 | +148% |
| Stocks | 30/36 | €543,000 | €1,347,455 | +€804,455 | +148% |
| Amounts receivable within one year | 40/41 | €1,360,336 | €650,074 | -€710,262 | -52.2% |
| Trade receivables | 40 | €3,681 | €4,400 | +€719 | +19.5% |
| Other amounts receivable | 41 | €1,356,655 | €645,673 | -€710,982 | -52.4% |
| Cash at bank and in hand | 54/58 | €458,471 | €858,993 | +€400,522 | +87.4% |
| Deferred charges and accrued income | 490/1 | €5,463 | €5,022 | -€441 | -8.1% |
| Total equity and liabilities | 10/49 | €2,369,507 | €2,904,443 | +€534,937 | +22.6% |
| Equity | 10/15 | €1,259,133 | €1,301,184 | +€42,051 | +3.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,240,533 | €1,282,584 | +€42,051 | +3.4% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €1,238,673 | €1,282,584 | +€43,911 | +3.5% |
| Amounts payable | 17/49 | €1,110,374 | €1,603,260 | +€492,886 | +44.4% |
| Amounts payable after more than one year | 17 | €500,000 | €500,000 | = | 0.0% |
| Financial debts | 170/4 | €500,000 | €500,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €567,483 | €1,070,817 | +€503,334 | +88.7% |
| Financial debts | 43 | - | €200,000 | +€200,000 | |
| Other loans | 439 | - | €200,000 | +€200,000 | |
| Trade debts | 44 | €81,546 | €67,188 | -€14,358 | -17.6% |
| Suppliers | 440/4 | €81,546 | €67,188 | -€14,358 | -17.6% |
| Taxes, remuneration and social security | 45 | €1,550 | €27,624 | +€26,074 | +1,682% |
| Taxes | 450/3 | €370 | €24,105 | +€23,734 | +6,407% |
| Remuneration and social security | 454/9 | €1,179 | €3,519 | +€2,339 | +198% |
| Other amounts payable | 47/48 | €484,387 | €776,005 | +€291,618 | +60.2% |
| Accrued charges and deferred income | 492/3 | €42,890 | €32,442 | -€10,448 | -24.4% |
| Non-recurring operating income | 76A | €3,881 | - | -€3,881 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,549 | €3,056 | +€507 | +19.9% |
| Other operating charges | 640/8 | €2,857 | €1,387 | -€1,470 | -51.5% |
| Non-recurring operating charges | 66A | €537 | - | -€537 | |
| Gross operating margin | 9900 | €184,102 | €15,419 | -€168,683 | -91.6% |
| Operating profit (loss) | 9901 | €178,159 | €10,977 | -€167,183 | -93.8% |
| Financial income | 75/76B | €44,932 | €79,158 | +€34,226 | +76.2% |
| Recurring financial income | 75 | €44,932 | €79,158 | +€34,226 | +76.2% |
| Financial charges | 65/66B | €70,430 | €34,209 | -€36,221 | -51.4% |
| Recurring financial charges | 65 | €70,430 | €34,209 | -€36,221 | -51.4% |
| Profit (loss) for the period before taxes | 9903 | €152,661 | €55,926 | -€96,735 | -63.4% |
| Income taxes | 67/77 | €20,268 | €13,875 | -€6,393 | -31.5% |
| Profit (loss) for the period | 9904 | €132,393 | €42,051 | -€90,343 | -68.2% |
| Profit (loss) for the period to be appropriated | 9905 | €132,393 | €42,051 | -€90,343 | -68.2% |
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.