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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.

What changed

I GEMELLI

BE 0769.965.709
NACE 56.111, Full-service restaurants
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€1,928
2023 · -€12,228+€14,155
Equity
-€21,033
2023 · -€22,961+€1,928
Cash
-
2023 · €278-€278
Balance sheet total
€52,515
2023 · €48,865+€3,651

Largest movements

2023 to 2024
Assets
  • 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

Equity and liabilities
  • 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)

Income statement
  • 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

effect on the 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.

Result 2023 -€12,228
Gross operating margin -€7,222
Staff costs +€26,463
Other operating charges +€57
Financial income -€571
Financial charges -€3,257
Taxes -€1,315
Result 2024 €1,928

Cash bridge derived

cash 2023 to 2024

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.

From operations +€2,974
Investment -€3,251
Financing €0
Cash 2023 €278
Net result for the year +€1,928
Depreciation +€5,587
Stocks and contracts -€223
Receivables within one year -€6,165
Deferred charges and accrued income +€124
Trade debts +€11,629
Tax, wage and social debts +€1,813
Other debts -€10,651
Accrued charges and deferred income -€1,069
Current investments -€3,251
Cash 2024 €0
Every line side by side 41 lines
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.