GYNEMAJE: 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.
GYNEMAJE
Largest movements
- Cash +€47,007
up €47,007 (+77.6%), from €60,578 to €107,584
mainly Net result for the year (+€83,812) and Other debts (+€42,171)
- Receivables within one year -€24,345
down €24,345 (-8.1%), from €299,604 to €275,259
of which Trade receivables: -€24,345
- Other debts +€42,171
up €42,171 (+96.4%), from €43,735 to €85,905
- Tax, wage and social debts -€37,215
down €37,215 (-50.5%), from €73,709 to €36,494
of which Taxes: -€26,966
- Trade debts +€15,694
up €15,694 (+28.9%), from €54,271 to €69,965
- Gross operating margin -€68,019
down €68,019 (-21.1%), from €322,396 to €254,377
- Taxes -€18,254
down €18,254 (-28.6%), from €63,784 to €45,530
- Staff costs +€5,088
up €5,088 (+6.1%), from €83,261 to €88,349
- Financial income -€4,920
down €4,920 (-95.5%), from €5,151 to €232
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 | €884,592 | €903,918 | +€19,326 | +2.2% |
| Fixed assets | 21/28 | €522,187 | €519,206 | -€2,982 | -0.6% |
| Tangible fixed assets | 22/27 | €137,187 | €134,206 | -€2,982 | -2.2% |
| Plant, machinery and equipment | 23 | €2,317 | €1,645 | -€672 | -29.0% |
| Furniture and vehicles | 24 | €113,115 | €109,872 | -€3,243 | -2.9% |
| Other tangible fixed assets | 26 | €21,755 | €22,690 | +€934 | +4.3% |
| Financial fixed assets | 28 | €385,000 | €385,000 | = | 0.0% |
| Current assets | 29/58 | €362,404 | €384,712 | +€22,308 | +6.2% |
| Amounts receivable within one year | 40/41 | €299,604 | €275,259 | -€24,345 | -8.1% |
| Trade receivables | 40 | €119,975 | €95,630 | -€24,345 | -20.3% |
| Other amounts receivable | 41 | €179,630 | €179,630 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €60,578 | €107,584 | +€47,007 | +77.6% |
| Deferred charges and accrued income | 490/1 | €2,222 | €1,868 | -€354 | -15.9% |
| Total equity and liabilities | 10/49 | €884,592 | €903,918 | +€19,326 | +2.2% |
| Equity | 10/15 | €706,631 | €705,443 | -€1,188 | -0.2% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €275,500 | €273,500 | -€2,000 | -0.7% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €85,000 | €0 | -€85,000 | -100.0% |
| Distributable reserves | 133 | €188,000 | €271,000 | +€83,000 | +44.1% |
| Profit (loss) carried forward | 14 | €406,131 | €406,943 | +€812 | +0.2% |
| Amounts payable | 17/49 | €177,961 | €198,475 | +€20,514 | +11.5% |
| Amounts payable within one year | 42/48 | €177,961 | €198,475 | +€20,514 | +11.5% |
| Financial debts | 43 | €6,246 | €6,111 | -€135 | -2.2% |
| Credit institutions | 430/8 | €6,246 | €6,111 | -€135 | -2.2% |
| Trade debts | 44 | €54,271 | €69,965 | +€15,694 | +28.9% |
| Suppliers | 440/4 | €54,271 | €69,965 | +€15,694 | +28.9% |
| Taxes, remuneration and social security | 45 | €73,709 | €36,494 | -€37,215 | -50.5% |
| Taxes | 450/3 | €45,784 | €18,818 | -€26,966 | -58.9% |
| Remuneration and social security | 454/9 | €27,925 | €17,676 | -€10,249 | -36.7% |
| Other amounts payable | 47/48 | €43,735 | €85,905 | +€42,171 | +96.4% |
| Remuneration, social security and pensions | 62 | €83,261 | €88,349 | +€5,088 | +6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,178 | €34,706 | +€2,528 | +7.9% |
| Other operating charges | 640/8 | €1,921 | €1,138 | -€783 | -40.8% |
| Gross operating margin | 9900 | €322,396 | €254,377 | -€68,019 | -21.1% |
| Operating profit (loss) | 9901 | €205,036 | €130,184 | -€74,852 | -36.5% |
| Financial income | 75/76B | €5,151 | €232 | -€4,920 | -95.5% |
| Recurring financial income | 75 | €5,151 | €232 | -€4,920 | -95.5% |
| Financial charges | 65/66B | €1,351 | €1,073 | -€278 | -20.6% |
| Recurring financial charges | 65 | €1,351 | €1,073 | -€278 | -20.6% |
| Profit (loss) for the period before taxes | 9903 | €208,836 | €129,343 | -€79,494 | -38.1% |
| Income taxes | 67/77 | €63,784 | €45,530 | -€18,254 | -28.6% |
| Profit (loss) for the period | 9904 | €145,052 | €83,812 | -€61,240 | -42.2% |
| Transfer from tax-exempt reserves | 789 | - | €85,000 | +€85,000 | |
| Profit (loss) for the period to be appropriated | 9905 | €145,052 | €168,812 | +€23,760 | +16.4% |
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.