GIMS2: 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.
GIMS2
Largest movements
- Current investments -€57,253
down €57,253 (-80.1%), from €71,449 to €14,196
- Tangible fixed assets +€23,622
up €23,622 (+2.5%), from €942,882 to €966,504
of which Furniture and vehicles: +€64,691
- Receivables within one year +€11,728
up €11,728 (+85.8%), from €13,663 to €25,390
of which Trade receivables: +€13,770
- Profit (loss) carried forward -€33,118
down €33,118 (-9.9%), from €334,194 to €301,076
- Trade debts +€30,975
up €30,975 (+386.6%), from €8,012 to €38,987
- Gross operating margin -€45,132
down €45,132 (-50.1%), from €90,168 to €45,035
- Depreciation +€12,052
up €12,052 (+25.5%), from €47,213 to €59,265
- Taxes -€6,167
down €6,167 (-85.6%), from €7,202 to €1,035
- Financial charges -€2,910
down €2,910 (-16.5%), from €17,686 to €14,775
- Other operating charges -€1,921
down €1,921 (-27.6%), from €6,970 to €5,049
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 | €1,073,184 | €1,066,257 | -€6,927 | -0.6% |
| Fixed assets | 21/28 | €942,883 | €966,505 | +€23,622 | +2.5% |
| Tangible fixed assets | 22/27 | €942,882 | €966,504 | +€23,622 | +2.5% |
| Land and buildings | 22 | €824,234 | €796,893 | -€27,341 | -3.3% |
| Plant, machinery and equipment | 23 | €44,970 | €31,243 | -€13,727 | -30.5% |
| Furniture and vehicles | 24 | €67,718 | €132,409 | +€64,691 | +95.5% |
| Other tangible fixed assets | 26 | €5,960 | €5,960 | = | 0.0% |
| Financial fixed assets | 28 | €1 | €1 | = | 0.0% |
| Current assets | 29/58 | €130,301 | €99,752 | -€30,550 | -23.4% |
| Amounts receivable after more than one year | 29 | €19,087 | €15,575 | -€3,512 | -18.4% |
| Other amounts receivable | 291 | €19,087 | €15,575 | -€3,512 | -18.4% |
| Amounts receivable within one year | 40/41 | €13,663 | €25,390 | +€11,728 | +85.8% |
| Trade receivables | 40 | €4,301 | €18,071 | +€13,770 | +320.2% |
| Other amounts receivable | 41 | €9,362 | €7,319 | -€2,043 | -21.8% |
| Current investments | 50/53 | €71,449 | €14,196 | -€57,253 | -80.1% |
| Cash at bank and in hand | 54/58 | €26,102 | €34,929 | +€8,827 | +33.8% |
| Deferred charges and accrued income | 490/1 | - | €9,662 | +€9,662 | |
| Total equity and liabilities | 10/49 | €1,073,184 | €1,066,257 | -€6,927 | -0.6% |
| Equity | 10/15 | €502,654 | €469,536 | -€33,118 | -6.6% |
| Contributions | 10/11 | €73,600 | €73,600 | = | 0.0% |
| Contributions outside capital | 11 | €73,600 | - | -€73,600 | |
| Share premium | 1100/10 | €73,600 | - | -€73,600 | |
| Reserves | 13 | €94,860 | €94,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,360 | €7,360 | = | 0.0% |
| Reserves not available under the articles | 1311 | €7,360 | €7,360 | = | 0.0% |
| Distributable reserves | 133 | €87,500 | €87,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €334,194 | €301,076 | -€33,118 | -9.9% |
| Amounts payable | 17/49 | €570,531 | €596,721 | +€26,191 | +4.6% |
| Amounts payable after more than one year | 17 | €477,632 | €487,703 | +€10,070 | +2.1% |
| Financial debts | 170/4 | €477,632 | €487,703 | +€10,070 | +2.1% |
| Amounts payable within one year | 42/48 | €92,898 | €109,019 | +€16,120 | +17.4% |
| Current portion of amounts payable after more than one year | 42 | €56,907 | €48,000 | -€8,907 | -15.7% |
| Trade debts | 44 | €8,012 | €38,987 | +€30,975 | +386.6% |
| Suppliers | 440/4 | €8,012 | €38,987 | +€30,975 | +386.6% |
| Taxes, remuneration and social security | 45 | €11,172 | €7,827 | -€3,345 | -29.9% |
| Taxes | 450/3 | €11,172 | €7,827 | -€3,345 | -29.9% |
| Other amounts payable | 47/48 | €16,808 | €14,205 | -€2,603 | -15.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,213 | €59,265 | +€12,052 | +25.5% |
| Other operating charges | 640/8 | €6,970 | €5,049 | -€1,921 | -27.6% |
| Gross operating margin | 9900 | €90,168 | €45,035 | -€45,132 | -50.1% |
| Operating profit (loss) | 9901 | €35,984 | -€19,279 | -€55,264 | |
| Financial income | 75/76B | €1,300 | €1,972 | +€671 | +51.6% |
| Recurring financial income | 75 | €1,300 | €1,972 | +€671 | +51.6% |
| Financial charges | 65/66B | €17,686 | €14,775 | -€2,910 | -16.5% |
| Recurring financial charges | 65 | €17,686 | €14,775 | -€2,910 | -16.5% |
| Profit (loss) for the period before taxes | 9903 | €19,599 | -€32,083 | -€51,682 | |
| Income taxes | 67/77 | €7,202 | €1,035 | -€6,167 | -85.6% |
| Profit (loss) for the period | 9904 | €12,397 | -€33,118 | -€45,515 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,397 | -€33,118 | -€45,515 |
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 9 October 2026 via checked.be.