GYMCO: 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.
GYMCO
Largest movements
- Receivables after one year -€49,180
down €49,180 (-23.1%), from €212,923 to €163,744
- Receivables within one year -€28,779
down €28,779 (-85.3%), from €33,748 to €4,969
of which Other amounts receivable: -€25,615
- Deferred charges and accrued income -€4,992
down €4,992 (-100%), from €4,992 to €0
- Cash -€4,566
down €4,566 (-22.5%), from €20,300 to €15,734
mainly Net result for the year (-€85,707) and Trade debts (-€3,521)
- Profit (loss) carried forward -€85,707
down €85,707 (-80.3%), from €106,773 to €21,065
- Trade debts -€3,521
down €3,521 (-41.4%), from €8,498 to €4,977
- Gross operating margin -€136,641
down €136,641, from €93,438 to -€43,203
- Financial charges +€49,766
up €49,766 (+13,484%), from €369 to €50,136
of which Non-recurring financial charges: +€50,000
- Financial income -€8,206
down €8,206 (-43.3%), from €18,945 to €10,739
- Depreciation -€1,540
down €1,540 (-46.9%), from €3,287 to €1,747
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 | €276,138 | €186,739 | -€89,399 | -32.4% |
| Fixed assets | 21/28 | €4,176 | €2,293 | -€1,883 | -45.1% |
| Tangible fixed assets | 22/27 | €2,951 | €1,068 | -€1,883 | -63.8% |
| Plant, machinery and equipment | 23 | €1,476 | €1,068 | -€408 | -27.6% |
| Furniture and vehicles | 24 | €1,475 | €0 | -€1,475 | -100% |
| Financial fixed assets | 28 | €1,225 | €1,225 | = | 0.0% |
| Current assets | 29/58 | €271,963 | €184,446 | -€87,516 | -32.2% |
| Amounts receivable after more than one year | 29 | €212,923 | €163,744 | -€49,180 | -23.1% |
| Other amounts receivable | 291 | €212,923 | €163,744 | -€49,180 | -23.1% |
| Amounts receivable within one year | 40/41 | €33,748 | €4,969 | -€28,779 | -85.3% |
| Trade receivables | 40 | €3,164 | €0 | -€3,164 | -100% |
| Other amounts receivable | 41 | €30,584 | €4,969 | -€25,615 | -83.8% |
| Cash at bank and in hand | 54/58 | €20,300 | €15,734 | -€4,566 | -22.5% |
| Deferred charges and accrued income | 490/1 | €4,992 | €0 | -€4,992 | -100% |
| Total equity and liabilities | 10/49 | €276,138 | €186,739 | -€89,399 | -32.4% |
| Equity | 10/15 | €266,991 | €181,284 | -€85,707 | -32.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €141,626 | €141,626 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €139,767 | €139,767 | = | 0.0% |
| Profit (loss) carried forward | 14 | €106,773 | €21,065 | -€85,707 | -80.3% |
| Amounts payable | 17/49 | €9,148 | €5,455 | -€3,692 | -40.4% |
| Amounts payable within one year | 42/48 | €9,148 | €5,455 | -€3,692 | -40.4% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €8,498 | €4,977 | -€3,521 | -41.4% |
| Suppliers | 440/4 | €8,498 | €4,977 | -€3,521 | -41.4% |
| Taxes, remuneration and social security | 45 | €650 | €479 | -€171 | -26.3% |
| Taxes | 450/3 | €650 | €479 | -€171 | -26.3% |
| Non-recurring operating income | 76A | €131,118 | €0 | -€131,118 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,287 | €1,747 | -€1,540 | -46.9% |
| Other operating charges | 640/8 | €705 | €844 | +€138 | +19.6% |
| Non-recurring operating charges | 66A | €1 | €289 | +€288 | +28,824% |
| Gross operating margin | 9900 | €93,438 | -€43,203 | -€136,641 | |
| Operating profit (loss) | 9901 | €89,445 | -€46,083 | -€135,528 | |
| Financial income | 75/76B | €18,945 | €10,739 | -€8,206 | -43.3% |
| Recurring financial income | 75 | €18,945 | €10,739 | -€8,206 | -43.3% |
| Financial charges | 65/66B | €369 | €50,136 | +€49,766 | +13,484% |
| Recurring financial charges | 65 | €369 | €136 | -€234 | -63.3% |
| Non-recurring financial charges | 66B | - | €50,000 | +€50,000 | |
| Profit (loss) for the period before taxes | 9903 | €108,021 | -€85,480 | -€193,501 | |
| Income taxes | 67/77 | €251 | €228 | -€23 | -9.3% |
| Profit (loss) for the period | 9904 | €107,770 | -€85,707 | -€193,478 | |
| Profit (loss) for the period to be appropriated | 9905 | €107,770 | -€85,707 | -€193,478 |
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 15 October 2026 via checked.be.