GIXMARK: 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.
GIXMARK
Largest movements
- Receivables after one year -€27,895
down €27,895 (-87.8%), from €31,759 to €3,864
- Tangible fixed assets -€18,219
down €18,219 (-37.2%), from €48,981 to €30,762
- Receivables within one year -€5,195
down €5,195 (-14.7%), from €35,377 to €30,182
of which Other amounts receivable: -€4,274
- Profit (loss) carried forward -€49,457
down €49,457 (-97.1%), from -€50,926 to -€100,384
- Debts after one year -€7,105
down €7,105 (-40.3%), from €17,640 to €10,535
- Other debts +€4,133
up €4,133 (+20.6%), from €20,045 to €24,178
- Gross operating margin -€25,158
down €25,158 (-141.0%), from -€17,842 to -€43,000
- Financial income +€10,801
up €10,801 (+669.6%), from €1,613 to €12,414
- Depreciation -€1,521
down €1,521 (-9.5%), from €16,076 to €14,555
- Financial charges +€984
up €984 (+71.3%), from €1,379 to €2,363
- Other operating charges -€946
down €946 (-34.6%), from €2,735 to €1,788
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 | €261,871 | €210,918 | -€50,953 | -19.5% |
| Fixed assets | 21/28 | €48,981 | €30,762 | -€18,219 | -37.2% |
| Tangible fixed assets | 22/27 | €48,981 | €30,762 | -€18,219 | -37.2% |
| Land and buildings | 22 | €12,472 | €7,482 | -€4,990 | -40.0% |
| Furniture and vehicles | 24 | €5,882 | €1,490 | -€4,392 | -74.7% |
| Leasing and similar rights | 25 | €30,627 | €21,790 | -€8,837 | -28.9% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Current assets | 29/58 | €212,890 | €180,156 | -€32,734 | -15.4% |
| Amounts receivable after more than one year | 29 | €31,759 | €3,864 | -€27,895 | -87.8% |
| Other amounts receivable | 291 | €31,759 | €3,864 | -€27,895 | -87.8% |
| Amounts receivable within one year | 40/41 | €35,377 | €30,182 | -€5,195 | -14.7% |
| Trade receivables | 40 | €10,638 | €9,717 | -€921 | -8.7% |
| Other amounts receivable | 41 | €24,739 | €20,464 | -€4,274 | -17.3% |
| Current investments | 50/53 | €73,892 | €73,892 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €70,581 | €70,848 | +€267 | +0.4% |
| Deferred charges and accrued income | 490/1 | €1,282 | €1,371 | +€89 | +7.0% |
| Total equity and liabilities | 10/49 | €261,871 | €210,918 | -€50,953 | -19.5% |
| Equity | 10/15 | €214,015 | €164,557 | -€49,457 | -23.1% |
| Contributions | 10/11 | €61,321 | €61,321 | = | 0.0% |
| Reserves | 13 | €203,620 | €203,620 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Other | 1319 | €0 | - | = | |
| Distributable reserves | 133 | €203,620 | €203,620 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€50,926 | -€100,384 | -€49,457 | -97.1% |
| Amounts payable | 17/49 | €47,856 | €46,361 | -€1,495 | -3.1% |
| Amounts payable after more than one year | 17 | €17,640 | €10,535 | -€7,105 | -40.3% |
| Financial debts | 170/4 | €17,640 | €10,535 | -€7,105 | -40.3% |
| Amounts payable within one year | 42/48 | €30,216 | €35,826 | +€5,609 | +18.6% |
| Current portion of amounts payable after more than one year | 42 | €6,842 | €7,105 | +€263 | +3.8% |
| Trade debts | 44 | €321 | €1,630 | +€1,308 | +407.2% |
| Suppliers | 440/4 | €321 | €1,630 | +€1,308 | +407.2% |
| Taxes, remuneration and social security | 45 | €3,008 | €2,914 | -€95 | -3.1% |
| Taxes | 450/3 | €3,008 | €2,914 | -€95 | -3.1% |
| Other amounts payable | 47/48 | €20,045 | €24,178 | +€4,133 | +20.6% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,076 | €14,555 | -€1,521 | -9.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €2,735 | €1,788 | -€946 | -34.6% |
| Gross operating margin | 9900 | -€17,842 | -€43,000 | -€25,158 | -141.0% |
| Operating profit (loss) | 9901 | -€36,652 | -€59,343 | -€22,690 | -61.9% |
| Financial income | 75/76B | €1,613 | €12,414 | +€10,801 | +669.6% |
| Recurring financial income | 75 | €1,613 | €12,414 | +€10,801 | +669.6% |
| Financial charges | 65/66B | €1,379 | €2,363 | +€984 | +71.3% |
| Recurring financial charges | 65 | €1,379 | €2,363 | +€984 | +71.3% |
| Profit (loss) for the period before taxes | 9903 | -€36,419 | -€49,292 | -€12,873 | -35.3% |
| Income taxes | 67/77 | €908 | €165 | -€742 | -81.8% |
| Profit (loss) for the period | 9904 | -€37,326 | -€49,457 | -€12,131 | -32.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€37,326 | -€49,457 | -€12,131 | -32.5% |
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.