GIMR: 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.
GIMR
Largest movements
- Tangible fixed assets -€4,639
down €4,639 (-32.9%), from €14,088 to €9,449
of which Furniture and vehicles: -€3,531
- Receivables within one year +€1,844
up €1,844 (+3.0%), from €62,352 to €64,196
of which Trade receivables: +€11,885
- Deferred charges and accrued income -€1,735
down €1,735 (-75.6%), from €2,296 to €560
- Trade debts +€29,330
up €29,330 (+38.2%), from €76,805 to €106,135
- Profit (loss) carried forward -€24,609
down €24,609 (-37.0%), from -€66,580 to -€91,188
- Tax, wage and social debts -€16,201
down €16,201 (-39.9%), from €40,582 to €24,382
of which Remuneration and social security: -€20,427
- Other debts +€8,359
up €8,359 (+234.5%), from €3,564 to €11,924
- Debts after one year -€3,092
down €3,092 (-36.7%), from €8,436 to €5,344
- Staff costs -€188,018
down €188,018 (-78.6%), from €239,306 to €51,288
- Gross operating margin -€116,103
down €116,103 (-63.0%), from €184,152 to €68,049
- Financial charges +€3,403
up €3,403 (+161.9%), from €2,102 to €5,506
of which Financial charges: +€3,295
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.
Cash bridge derived
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 | €80,206 | €75,039 | -€5,168 | -6.4% |
| Formation expenses | 20 | €703 | €473 | -€230 | -32.8% |
| Fixed assets | 21/28 | €14,393 | €9,755 | -€4,639 | -32.2% |
| Tangible fixed assets | 22/27 | €14,088 | €9,449 | -€4,639 | -32.9% |
| Plant, machinery and equipment | 23 | €2,764 | €1,656 | -€1,108 | -40.1% |
| Furniture and vehicles | 24 | €11,325 | €7,794 | -€3,531 | -31.2% |
| Financial fixed assets | 28 | €305 | €305 | = | 0.0% |
| Current assets | 29/58 | €65,110 | €64,812 | -€298 | -0.5% |
| Amounts receivable within one year | 40/41 | €62,352 | €64,196 | +€1,844 | +3.0% |
| Trade receivables | 40 | €46,731 | €58,617 | +€11,885 | +25.4% |
| Other amounts receivable | 41 | €15,621 | €5,579 | -€10,041 | -64.3% |
| Cash at bank and in hand | 54/58 | €462 | €55 | -€407 | -88.0% |
| Deferred charges and accrued income | 490/1 | €2,296 | €560 | -€1,735 | -75.6% |
| Total equity and liabilities | 10/49 | €80,206 | €75,039 | -€5,168 | -6.4% |
| Equity | 10/15 | -€52,070 | -€76,679 | -€24,609 | -47.3% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Reserves | 13 | €2,509 | €2,509 | = | 0.0% |
| Distributable reserves | 133 | €2,509 | €2,509 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€66,580 | -€91,188 | -€24,609 | -37.0% |
| Amounts payable | 17/49 | €132,277 | €151,718 | +€19,441 | +14.7% |
| Amounts payable after more than one year | 17 | €8,436 | €5,344 | -€3,092 | -36.7% |
| Financial debts | 170/4 | €8,436 | €5,344 | -€3,092 | -36.7% |
| Amounts payable within one year | 42/48 | €123,841 | €144,937 | +€21,096 | +17.0% |
| Current portion of amounts payable after more than one year | 42 | €2,890 | €2,497 | -€393 | -13.6% |
| Trade debts | 44 | €76,805 | €106,135 | +€29,330 | +38.2% |
| Suppliers | 440/4 | €76,805 | €106,135 | +€29,330 | +38.2% |
| Taxes, remuneration and social security | 45 | €40,582 | €24,382 | -€16,201 | -39.9% |
| Taxes | 450/3 | €1,243 | €5,469 | +€4,226 | +340.0% |
| Remuneration and social security | 454/9 | €39,339 | €18,913 | -€20,427 | -51.9% |
| Other amounts payable | 47/48 | €3,564 | €11,924 | +€8,359 | +234.5% |
| Accrued charges and deferred income | 492/3 | - | €1,437 | +€1,437 | |
| Remuneration, social security and pensions | 62 | €239,306 | €51,288 | -€188,018 | -78.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,284 | €4,869 | +€1,585 | +48.3% |
| Other operating charges | 640/8 | €50 | €85 | +€35 | +71.4% |
| Non-recurring operating charges | 66A | €5,991 | €30,910 | +€24,919 | +416.0% |
| Gross operating margin | 9900 | €184,152 | €68,049 | -€116,103 | -63.0% |
| Operating profit (loss) | 9901 | -€64,478 | -€19,103 | +€45,375 | +70.4% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €2,102 | €5,506 | +€3,403 | +161.9% |
| Recurring financial charges | 65 | €2,102 | €5,397 | +€3,295 | +156.7% |
| Non-recurring financial charges | 66B | - | €108 | +€108 | |
| Profit (loss) for the period before taxes | 9903 | -€66,580 | -€24,609 | +€41,971 | +63.0% |
| Profit (loss) for the period | 9904 | -€66,580 | -€24,609 | +€41,971 | +63.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€66,580 | -€24,609 | +€41,971 | +63.0% |
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 11 October 2026 via checked.be.