GIMPEX: 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.
GIMPEX
Largest movements
- Current investments +€450,234
up €450,234 (+23.3%), from €1.9m to €2.4m
- Receivables within one year -€268,964
down €268,964 (-61.8%), from €435,310 to €166,347
of which Other amounts receivable: -€139,202
- Tangible fixed assets -€204,507
down €204,507 (-9.2%), from €2.2m to €2.0m
- Cash +€89,317
up €89,317 (+346.3%), from €25,793 to €115,110
mainly Receivables within one year (+€268,964) and Depreciation (+€199,901)
- Reserves +€65,048
up €65,048 (+1.4%), from €4.6m to €4.6m
of which Distributable reserves: +€67,258
- Gross operating margin -€119,326
down €119,326 (-34.1%), from €349,781 to €230,455
- Depreciation -€10,768
down €10,768 (-5.1%), from €210,669 to €199,901
- Financial income +€3,918
up €3,918 (+8.5%), from €46,224 to €50,142
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 | €4,764,434 | €4,777,181 | +€12,748 | +0.3% |
| Fixed assets | 21/28 | €2,322,513 | €2,097,006 | -€225,507 | -9.7% |
| Intangible fixed assets | 21 | €94,558 | €73,558 | -€21,000 | -22.2% |
| Tangible fixed assets | 22/27 | €2,226,937 | €2,022,430 | -€204,507 | -9.2% |
| Land and buildings | 22 | €1,232,686 | €1,146,871 | -€85,815 | -7.0% |
| Plant, machinery and equipment | 23 | €450,273 | €376,665 | -€73,608 | -16.3% |
| Furniture and vehicles | 24 | €9,365 | €7,855 | -€1,510 | -16.1% |
| Other tangible fixed assets | 26 | €534,613 | €491,039 | -€43,574 | -8.2% |
| Financial fixed assets | 28 | €1,019 | €1,019 | = | 0.0% |
| Current assets | 29/58 | €2,441,920 | €2,680,175 | +€238,255 | +9.8% |
| Amounts receivable within one year | 40/41 | €435,310 | €166,347 | -€268,964 | -61.8% |
| Trade receivables | 40 | €278,835 | €149,073 | -€129,762 | -46.5% |
| Other amounts receivable | 41 | €156,476 | €17,274 | -€139,202 | -89.0% |
| Current investments | 50/53 | €1,931,991 | €2,382,224 | +€450,234 | +23.3% |
| Cash at bank and in hand | 54/58 | €25,793 | €115,110 | +€89,317 | +346.3% |
| Deferred charges and accrued income | 490/1 | €48,826 | €16,494 | -€32,332 | -66.2% |
| Total equity and liabilities | 10/49 | €4,764,434 | €4,777,181 | +€12,748 | +0.3% |
| Equity | 10/15 | €4,630,590 | €4,695,639 | +€65,048 | +1.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Revaluation surpluses | 12 | €7,591 | €7,591 | = | 0.0% |
| Reserves | 13 | €4,560,999 | €4,626,047 | +€65,048 | +1.4% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €53,548 | €51,339 | -€2,209 | -4.1% |
| Distributable reserves | 133 | €4,501,251 | €4,568,508 | +€67,258 | +1.5% |
| Provisions and deferred taxes | 16 | €11,560 | €10,824 | -€736 | -6.4% |
| Deferred taxes | 168 | €11,560 | €10,824 | -€736 | -6.4% |
| Amounts payable | 17/49 | €122,283 | €70,719 | -€51,564 | -42.2% |
| Amounts payable within one year | 42/48 | €81,434 | €60,677 | -€20,757 | -25.5% |
| Trade debts | 44 | €1,768 | €25,989 | +€24,221 | +1370.0% |
| Suppliers | 440/4 | €1,768 | €25,989 | +€24,221 | +1370.0% |
| Taxes, remuneration and social security | 45 | €20,887 | €2,799 | -€18,088 | -86.6% |
| Taxes | 450/3 | €20,887 | €2,799 | -€18,088 | -86.6% |
| Other amounts payable | 47/48 | €58,779 | €31,888 | -€26,891 | -45.7% |
| Accrued charges and deferred income | 492/3 | €40,849 | €10,042 | -€30,807 | -75.4% |
| Non-recurring operating income | 76A | €20,339 | €25,936 | +€5,598 | +27.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €210,669 | €199,901 | -€10,768 | -5.1% |
| Other operating charges | 640/8 | €10,971 | €11,122 | +€151 | +1.4% |
| Non-recurring operating charges | 66A | €119,784 | - | -€119,784 | |
| Gross operating margin | 9900 | €349,781 | €230,455 | -€119,326 | -34.1% |
| Operating profit (loss) | 9901 | €8,357 | €19,432 | +€11,075 | +132.5% |
| Financial income | 75/76B | €46,224 | €50,142 | +€3,918 | +8.5% |
| Recurring financial income | 75 | €46,224 | €50,142 | +€3,918 | +8.5% |
| Financial charges | 65/66B | €1,793 | €5,262 | +€3,469 | +193.5% |
| Recurring financial charges | 65 | €1,793 | €3,928 | +€2,135 | +119.1% |
| Non-recurring financial charges | 66B | €0 | €1,334 | +€1,334 | |
| Profit (loss) for the period before taxes | 9903 | €52,788 | €64,312 | +€11,524 | +21.8% |
| Transfer from deferred taxes | 780 | €736 | €736 | = | 0.0% |
| Income taxes | 67/77 | €0 | €0 | = | |
| Profit (loss) for the period | 9904 | €53,524 | €65,048 | +€11,524 | +21.5% |
| Transfer from tax-exempt reserves | 789 | €2,209 | €2,209 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €55,734 | €67,258 | +€11,524 | +20.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.