GEMI-Tech: what changed
GEMI-Tech
Largest movements
- Cash +€7,994
up €7,994 (+5.4%), from €149,121 to €157,115
mainly Other debts (+€5,245) and Net result for the year (+€5,043)
- Receivables within one year +€3,543
up €3,543 (+19.4%), from €18,251 to €21,793
of which Other amounts receivable: +€3,018
- Other debts +€5,245
up €5,245 (+9.9%), from €52,901 to €58,146
- Reserves +€5,000
up €5,000 (+4.7%), from €107,249 to €112,249
- Gross operating margin -€35,697
down €35,697 (-68.6%), from €52,009 to €16,311
- Taxes -€4,784
down €4,784 (-53.1%), from €9,017 to €4,233
- Depreciation -€2,939
down €2,939 (-80.8%), from €3,635 to €696
- Other operating charges -€1,644
down €1,644 (-40.8%), from €4,025 to €2,381
- Financial charges +€1,204
up €1,204 (+43.6%), from €2,759 to €3,963
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €182,860 | €192,846 | +€9,986 | +5.5% |
| Fixed assets | 21/28 | €6,911 | €6,236 | -€676 | -9.8% |
| Tangible fixed assets | 22/27 | €6,665 | €5,969 | -€696 | -10.4% |
| Land and buildings | 22 | €4,133 | €3,911 | -€222 | -5.4% |
| Plant, machinery and equipment | 23 | €1,312 | €1,168 | -€144 | -11.0% |
| Other tangible fixed assets | 26 | €1,221 | €891 | -€330 | -27.0% |
| Financial fixed assets | 28 | €246 | €267 | +€21 | +8.5% |
| Current assets | 29/58 | €175,949 | €186,611 | +€10,662 | +6.1% |
| Stocks and contracts in progress | 3 | €5,858 | €6,129 | +€270 | +4.6% |
| Stocks | 30/36 | €5,858 | €6,129 | +€270 | +4.6% |
| Amounts receivable within one year | 40/41 | €18,251 | €21,793 | +€3,543 | +19.4% |
| Trade receivables | 40 | €10,251 | €10,775 | +€525 | +5.1% |
| Other amounts receivable | 41 | €8,000 | €11,018 | +€3,018 | +37.7% |
| Cash at bank and in hand | 54/58 | €149,121 | €157,115 | +€7,994 | +5.4% |
| Deferred charges and accrued income | 490/1 | €2,720 | €1,574 | -€1,145 | -42.1% |
| Total equity and liabilities | 10/49 | €182,860 | €192,846 | +€9,986 | +5.5% |
| Equity | 10/15 | €117,109 | €122,152 | +€5,043 | +4.3% |
| Contributions | 10/11 | €8,184 | €8,184 | = | 0.0% |
| Reserves | 13 | €107,249 | €112,249 | +€5,000 | +4.7% |
| Distributable reserves | 133 | €107,249 | €112,249 | +€5,000 | +4.7% |
| Profit (loss) carried forward | 14 | €1,676 | €1,719 | +€43 | +2.6% |
| Amounts payable | 17/49 | €65,751 | €70,694 | +€4,943 | +7.5% |
| Amounts payable within one year | 42/48 | €65,751 | €70,694 | +€4,943 | +7.5% |
| Trade debts | 44 | €2,249 | €3,745 | +€1,496 | +66.5% |
| Suppliers | 440/4 | €2,249 | €3,745 | +€1,496 | +66.5% |
| Taxes, remuneration and social security | 45 | €10,602 | €8,804 | -€1,798 | -17.0% |
| Taxes | 450/3 | €10,602 | €8,804 | -€1,798 | -17.0% |
| Other amounts payable | 47/48 | €52,901 | €58,146 | +€5,245 | +9.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,635 | €696 | -€2,939 | -80.8% |
| Other operating charges | 640/8 | €4,025 | €2,381 | -€1,644 | -40.8% |
| Gross operating margin | 9900 | €52,009 | €16,311 | -€35,697 | -68.6% |
| Operating profit (loss) | 9901 | €44,349 | €13,234 | -€31,115 | -70.2% |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €2,759 | €3,963 | +€1,204 | +43.6% |
| Recurring financial charges | 65 | €2,759 | €3,963 | +€1,204 | +43.6% |
| Profit (loss) for the period before taxes | 9903 | €41,590 | €9,276 | -€32,314 | -77.7% |
| Income taxes | 67/77 | €9,017 | €4,233 | -€4,784 | -53.1% |
| Profit (loss) for the period | 9904 | €32,573 | €5,043 | -€27,530 | -84.5% |
| Profit (loss) for the period to be appropriated | 9905 | €32,573 | €5,043 | -€27,530 | -84.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.