I GEMELLI: 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.
I GEMELLI
Largest movements
- Receivables within one year +€6,165
up €6,165 (+668.4%), from €922 to €7,087
of which Trade receivables: +€6,364
- Tangible fixed assets -€4,511
down €4,511 (-12.8%), from €35,271 to €30,760
- Current investments +€3,251
new in 2024: €3,251
- Intangible fixed assets -€1,077
down €1,077 (-12.8%), from €8,418 to €7,341
- Trade debts +€11,629
up €11,629 (+2008.3%), from €579 to €12,208
- Other debts -€10,651
down €10,651 (-17.8%), from €59,920 to €49,269
- Profit (loss) carried forward +€1,928
up €1,928 (+6.9%), from -€27,961 to -€26,033
- Tax, wage and social debts +€1,813
up €1,813 (+17.7%), from €10,258 to €12,071
of which Taxes: +€2,109
- Accrued charges and deferred income -€1,069
no longer reported in 2024 (was €1,069)
- Staff costs -€26,463
down €26,463 (-88.5%), from €29,902 to €3,439
- Gross operating margin -€7,222
down €7,222 (-28.5%), from €25,320 to €18,098
- Financial charges +€3,257
up €3,257 (+419.0%), from €777 to €4,035
- Taxes +€1,315
new in 2024: €1,315
- Financial income -€571
down €571 (-99.9%), from €572 to €0
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €48,865 | €52,515 | +€3,651 | +7.5% |
| Fixed assets | 21/28 | €43,689 | €38,102 | -€5,587 | -12.8% |
| Intangible fixed assets | 21 | €8,418 | €7,341 | -€1,077 | -12.8% |
| Tangible fixed assets | 22/27 | €35,271 | €30,760 | -€4,511 | -12.8% |
| Furniture and vehicles | 24 | €35,271 | €30,760 | -€4,511 | -12.8% |
| Current assets | 29/58 | €5,176 | €14,414 | +€9,238 | +178.5% |
| Stocks and contracts in progress | 3 | €3,852 | €4,075 | +€223 | +5.8% |
| Stocks | 30/36 | €3,852 | €4,075 | +€223 | +5.8% |
| Amounts receivable within one year | 40/41 | €922 | €7,087 | +€6,165 | +668.4% |
| Trade receivables | 40 | €328 | €6,692 | +€6,364 | +1938.1% |
| Other amounts receivable | 41 | €594 | €395 | -€199 | -33.5% |
| Current investments | 50/53 | - | €3,251 | +€3,251 | |
| Cash at bank and in hand | 54/58 | €278 | - | -€278 | |
| Deferred charges and accrued income | 490/1 | €124 | - | -€124 | |
| Total equity and liabilities | 10/49 | €48,865 | €52,515 | +€3,651 | +7.5% |
| Equity | 10/15 | -€22,961 | -€21,033 | +€1,928 | +8.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,961 | -€26,033 | +€1,928 | +6.9% |
| Amounts payable | 17/49 | €71,825 | €73,548 | +€1,723 | +2.4% |
| Amounts payable within one year | 42/48 | €70,757 | €73,548 | +€2,792 | +3.9% |
| Trade debts | 44 | €579 | €12,208 | +€11,629 | +2008.3% |
| Suppliers | 440/4 | €579 | €12,208 | +€11,629 | +2008.3% |
| Taxes, remuneration and social security | 45 | €10,258 | €12,071 | +€1,813 | +17.7% |
| Taxes | 450/3 | - | €2,109 | +€2,109 | |
| Remuneration and social security | 454/9 | €10,258 | €9,962 | -€296 | -2.9% |
| Other amounts payable | 47/48 | €59,920 | €49,269 | -€10,651 | -17.8% |
| Accrued charges and deferred income | 492/3 | €1,069 | - | -€1,069 | |
| Non-recurring operating income | 76A | €5,258 | - | -€5,258 | |
| Remuneration, social security and pensions | 62 | €29,902 | €3,439 | -€26,463 | -88.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,587 | €5,587 | = | 0.0% |
| Other operating charges | 640/8 | €1,853 | €1,795 | -€57 | -3.1% |
| Gross operating margin | 9900 | €25,320 | €18,098 | -€7,222 | -28.5% |
| Operating profit (loss) | 9901 | -€12,022 | €7,276 | +€19,299 | |
| Financial income | 75/76B | €572 | €0 | -€571 | -99.9% |
| Recurring financial income | 75 | €572 | €0 | -€571 | -99.9% |
| Financial charges | 65/66B | €777 | €4,035 | +€3,257 | +419.0% |
| Recurring financial charges | 65 | €777 | €4,035 | +€3,257 | +419.0% |
| Profit (loss) for the period before taxes | 9903 | -€12,228 | €3,242 | +€15,470 | |
| Income taxes | 67/77 | - | €1,315 | +€1,315 | |
| Profit (loss) for the period | 9904 | -€12,228 | €1,928 | +€14,155 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,228 | €1,928 | +€14,155 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.