GYNEMAT: 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.
GYNEMAT
Largest movements
- Cash -€24,220
down €24,220 (-37.1%), from €65,349 to €41,129
mainly Investment in fixed assets (net) (-€25,192) and Receivables within one year (-€23,182)
- Receivables within one year +€23,182
up €23,182 (+67.6%), from €34,299 to €57,481
of which Other amounts receivable: +€17,420
- Tangible fixed assets +€19,841
up €19,841 (+283.1%), from €7,010 to €26,851
of which Furniture and vehicles: +€21,341
- Receivables after one year +€19,592
new in 2025: €19,592
- Deferred charges and accrued income +€3,759
new in 2025: €3,759
- Reserves +€30,000
new in 2025: €30,000
- Provisions -€19,000
down €19,000 (-100.0%), from €19,000 to €0
- Debts after one year +€14,166
new in 2025: €14,166
- Trade debts +€13,308
up €13,308 (+1426.9%), from €933 to €14,241
- Other debts -€11,184
down €11,184 (-100.0%), from €11,184 to €0
- Provisions -€38,000
down €38,000, from €19,000 to -€19,000
- Gross operating margin +€25,216
up €25,216 (+69.2%), from €36,457 to €61,672
- Financial charges +€18,606
up €18,606 (+34398.4%), from €54 to €18,660
- Other operating charges -€13,441
down €13,441 (-67.2%), from €20,000 to €6,559
- Taxes +€6,363
up €6,363 (+171.1%), from €3,719 to €10,082
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 | €106,657 | €148,811 | +€42,154 | +39.5% |
| Fixed assets | 21/28 | €7,010 | €26,851 | +€19,841 | +283.1% |
| Tangible fixed assets | 22/27 | €7,010 | €26,851 | +€19,841 | +283.1% |
| Plant, machinery and equipment | 23 | €4,480 | €2,980 | -€1,500 | -33.5% |
| Furniture and vehicles | 24 | €2,530 | €23,871 | +€21,341 | +843.5% |
| Current assets | 29/58 | €99,647 | €121,960 | +€22,313 | +22.4% |
| Amounts receivable after more than one year | 29 | - | €19,592 | +€19,592 | |
| Other amounts receivable | 291 | - | €19,592 | +€19,592 | |
| Amounts receivable within one year | 40/41 | €34,299 | €57,481 | +€23,182 | +67.6% |
| Trade receivables | 40 | €30,000 | €35,762 | +€5,762 | +19.2% |
| Other amounts receivable | 41 | €4,299 | €21,719 | +€17,420 | +405.2% |
| Cash at bank and in hand | 54/58 | €65,349 | €41,129 | -€24,220 | -37.1% |
| Deferred charges and accrued income | 490/1 | - | €3,759 | +€3,759 | |
| Total equity and liabilities | 10/49 | €106,657 | €148,811 | +€42,154 | +39.5% |
| Equity | 10/15 | €71,562 | €112,244 | +€40,682 | +56.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €30,000 | +€30,000 | |
| Distributable reserves | 133 | - | €30,000 | +€30,000 | |
| Profit (loss) carried forward | 14 | €68,562 | €79,244 | +€10,682 | +15.6% |
| Provisions and deferred taxes | 16 | €19,000 | €0 | -€19,000 | -100.0% |
| Provisions for liabilities and charges | 160/5 | €19,000 | €0 | -€19,000 | -100.0% |
| Other liabilities and charges | 164/5 | €19,000 | €0 | -€19,000 | -100.0% |
| Amounts payable | 17/49 | €16,095 | €36,566 | +€20,471 | +127.2% |
| Amounts payable after more than one year | 17 | - | €14,166 | +€14,166 | |
| Financial debts | 170/4 | - | €14,166 | +€14,166 | |
| Amounts payable within one year | 42/48 | €16,095 | €22,400 | +€6,305 | +39.2% |
| Current portion of amounts payable after more than one year | 42 | - | €8,160 | +€8,160 | |
| Trade debts | 44 | €933 | €14,241 | +€13,308 | +1426.9% |
| Suppliers | 440/4 | €933 | €14,241 | +€13,308 | +1426.9% |
| Taxes, remuneration and social security | 45 | €3,979 | €0 | -€3,979 | -100.0% |
| Taxes | 450/3 | €3,979 | €0 | -€3,979 | -100.0% |
| Other amounts payable | 47/48 | €11,184 | €0 | -€11,184 | -100.0% |
| Non-recurring operating income | 76A | - | €72 | +€72 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €107 | €5,351 | +€5,244 | +4920.5% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €19,000 | -€19,000 | -€38,000 | |
| Other operating charges | 640/8 | €20,000 | €6,559 | -€13,441 | -67.2% |
| Gross operating margin | 9900 | €36,457 | €61,672 | +€25,216 | +69.2% |
| Operating profit (loss) | 9901 | -€2,650 | €68,762 | +€71,412 | |
| Financial income | 75/76B | €91 | €662 | +€571 | +629.2% |
| Recurring financial income | 75 | €91 | €662 | +€571 | +629.2% |
| Financial charges | 65/66B | €54 | €18,660 | +€18,606 | +34398.4% |
| Recurring financial charges | 65 | €54 | €18,660 | +€18,606 | +34398.4% |
| Profit (loss) for the period before taxes | 9903 | -€2,613 | €50,764 | +€53,378 | |
| Income taxes | 67/77 | €3,719 | €10,082 | +€6,363 | +171.1% |
| Profit (loss) for the period | 9904 | -€6,332 | €40,682 | +€47,015 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,332 | €40,682 | +€47,015 |
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 5 October 2026 via checked.be.