GYNMED: 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.
GYNMED
Largest movements
- Receivables within one year +€81,018
up €81,018 (+98.1%), from €82,625 to €163,643
- Reserves +€81,600
up €81,600 (+29.1%), from €279,965 to €361,565
of which Distributable reserves: +€81,600
- Other debts -€10,000
no longer reported in 2025 (was €10,000)
- Tax, wage and social debts +€6,871
up €6,871 (+11.1%), from €61,868 to €68,740
- Financial charges -€14,034
down €14,034 (-87.3%), from €16,077 to €2,043
- Gross operating margin -€10,332
down €10,332 (-8.7%), from €118,452 to €108,120
- Financial income +€4,163
up €4,163 (+27.5%), from €15,123 to €19,286
- Taxes +€2,539
up €2,539 (+6.5%), from €39,173 to €41,713
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €568,512 | €645,644 | +€77,132 | +13.6% |
| Fixed assets | 21/28 | €3,239 | €2,801 | -€439 | -13.5% |
| Tangible fixed assets | 22/27 | €3,239 | €2,801 | -€439 | -13.5% |
| Plant, machinery and equipment | 23 | €3,239 | €1,545 | -€1,694 | -52.3% |
| Furniture and vehicles | 24 | - | €1,255 | +€1,255 | |
| Current assets | 29/58 | €565,273 | €642,844 | +€77,571 | +13.7% |
| Amounts receivable after more than one year | 29 | €470,000 | €470,000 | = | 0.0% |
| Other amounts receivable | 291 | €470,000 | €470,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €82,625 | €163,643 | +€81,018 | +98.1% |
| Other amounts receivable | 41 | €82,625 | €163,643 | +€81,018 | +98.1% |
| Deferred charges and accrued income | 490/1 | €12,647 | €9,201 | -€3,447 | -27.3% |
| Total equity and liabilities | 10/49 | €568,512 | €645,644 | +€77,132 | +13.6% |
| Equity | 10/15 | €485,826 | €567,455 | +€81,629 | +16.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €279,965 | €361,565 | +€81,600 | +29.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €278,105 | €359,705 | +€81,600 | +29.3% |
| Profit (loss) carried forward | 14 | €193,461 | €193,490 | +€29 | 0.0% |
| Amounts payable | 17/49 | €82,686 | €78,189 | -€4,497 | -5.4% |
| Amounts payable within one year | 42/48 | €82,686 | €78,189 | -€4,497 | -5.4% |
| Current portion of amounts payable after more than one year | 42 | €1,726 | €1,715 | -€10 | -0.6% |
| Financial debts | 43 | €2,873 | €4,059 | +€1,185 | +41.3% |
| Credit institutions | 430/8 | €2,873 | €4,059 | +€1,185 | +41.3% |
| Trade debts | 44 | €6,219 | €3,675 | -€2,543 | -40.9% |
| Suppliers | 440/4 | €6,219 | €3,675 | -€2,543 | -40.9% |
| Taxes, remuneration and social security | 45 | €61,868 | €68,740 | +€6,871 | +11.1% |
| Taxes | 450/3 | €61,868 | €68,740 | +€6,871 | +11.1% |
| Other amounts payable | 47/48 | €10,000 | - | -€10,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,694 | €1,939 | +€245 | +14.5% |
| Other operating charges | 640/8 | €696 | €82 | -€613 | -88.1% |
| Gross operating margin | 9900 | €118,452 | €108,120 | -€10,332 | -8.7% |
| Operating profit (loss) | 9901 | €116,062 | €106,098 | -€9,964 | -8.6% |
| Financial income | 75/76B | €15,123 | €19,286 | +€4,163 | +27.5% |
| Recurring financial income | 75 | €15,123 | €19,286 | +€4,163 | +27.5% |
| Financial charges | 65/66B | €16,077 | €2,043 | -€14,034 | -87.3% |
| Recurring financial charges | 65 | €16,077 | €2,043 | -€14,034 | -87.3% |
| Profit (loss) for the period before taxes | 9903 | €115,108 | €123,342 | +€8,234 | +7.2% |
| Income taxes | 67/77 | €39,173 | €41,713 | +€2,539 | +6.5% |
| Profit (loss) for the period | 9904 | €75,934 | €81,629 | +€5,695 | +7.5% |
| Profit (loss) for the period to be appropriated | 9905 | €75,934 | €81,629 | +€5,695 | +7.5% |
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 7 October 2026 via checked.be.