CJ GEST: what changed
Two financial 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.
CJ GEST
Largest movements
- Tangible fixed assets -€28,544
down €28,544 (-22.8%), from €125,408 to €96,864
of which Furniture and vehicles: -€24,199
- Cash +€15,727
up €15,727 (+7.5%), from €209,447 to €225,174
mainly Net result for the year (+€168,698) and Depreciation (+€25,671)
- Receivables within one year -€7,952
down €7,952 (-24.7%), from €32,152 to €24,200
of which Other amounts receivable: -€7,952
- Debts after one year -€25,125
down €25,125 (-34.0%), from €73,821 to €48,696
- Tax, wage and social debts +€10,824
up €10,824 (+44.2%), from €24,491 to €35,315
- Gross operating margin +€10,432
up €10,432 (+4.3%), from €242,184 to €252,616
- Taxes +€8,127
up €8,127 (+17.8%), from €45,551 to €53,678
- Other operating charges -€4,720
down €4,720 (-74.5%), from €6,337 to €1,617
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.
Derived cash bridge
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 | €369,662 | €349,881 | -€19,781 | -5.4% |
| Fixed assets | 21/28 | €125,408 | €96,864 | -€28,544 | -22.8% |
| Tangible fixed assets | 22/27 | €125,408 | €96,864 | -€28,544 | -22.8% |
| Land and buildings | 22 | €19,267 | €18,684 | -€583 | -3.0% |
| Plant, machinery and equipment | 23 | - | €1,041 | +€1,041 | |
| Furniture and vehicles | 24 | €98,347 | €74,148 | -€24,199 | -24.6% |
| Other tangible fixed assets | 26 | €2,794 | €2,991 | +€197 | +7.1% |
| Assets under construction and advance payments | 27 | €5,000 | - | -€5,000 | |
| Current assets | 29/58 | €244,254 | €253,017 | +€8,763 | +3.6% |
| Amounts receivable within one year | 40/41 | €32,152 | €24,200 | -€7,952 | -24.7% |
| Trade receivables | 40 | €24,200 | €24,200 | = | 0.0% |
| Other amounts receivable | 41 | €7,952 | - | -€7,952 | |
| Cash at bank and in hand | 54/58 | €209,447 | €225,174 | +€15,727 | +7.5% |
| Deferred charges and accrued income | 490/1 | €2,655 | €3,643 | +€988 | +37.2% |
| Total equity and liabilities | 10/49 | €369,662 | €349,881 | -€19,781 | -5.4% |
| Equity | 10/15 | €98,600 | €98,600 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €80,000 | €80,000 | = | 0.0% |
| Distributable reserves | 133 | €80,000 | €80,000 | = | 0.0% |
| Amounts payable | 17/49 | €271,062 | €251,281 | -€19,781 | -7.3% |
| Amounts payable after more than one year | 17 | €73,821 | €48,696 | -€25,125 | -34.0% |
| Financial debts | 170/4 | €73,821 | €48,696 | -€25,125 | -34.0% |
| Amounts payable within one year | 42/48 | €194,944 | €200,288 | +€5,344 | +2.7% |
| Current portion of amounts payable after more than one year | 42 | €24,161 | €25,125 | +€964 | +4.0% |
| Trade debts | 44 | €6,350 | €3,417 | -€2,933 | -46.2% |
| Suppliers | 440/4 | €6,350 | €3,417 | -€2,933 | -46.2% |
| Taxes, remuneration and social security | 45 | €24,491 | €35,315 | +€10,824 | +44.2% |
| Taxes | 450/3 | €24,491 | €35,315 | +€10,824 | +44.2% |
| Other amounts payable | 47/48 | €139,942 | €136,431 | -€3,511 | -2.5% |
| Accrued charges and deferred income | 492/3 | €2,297 | €2,297 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,604 | €25,671 | +€67 | +0.3% |
| Other operating charges | 640/8 | €6,337 | €1,617 | -€4,720 | -74.5% |
| Gross operating margin | 9900 | €242,184 | €252,616 | +€10,432 | +4.3% |
| Operating profit (loss) | 9901 | €210,243 | €225,328 | +€15,085 | +7.2% |
| Financial income | 75/76B | €1,361 | €626 | -€735 | -54.0% |
| Recurring financial income | 75 | €1,361 | €626 | -€735 | -54.0% |
| Financial charges | 65/66B | €4,522 | €3,578 | -€944 | -20.9% |
| Recurring financial charges | 65 | €4,522 | €3,578 | -€944 | -20.9% |
| Profit (loss) for the period before taxes | 9903 | €207,082 | €222,376 | +€15,294 | +7.4% |
| Income taxes | 67/77 | €45,551 | €53,678 | +€8,127 | +17.8% |
| Profit (loss) for the period | 9904 | €161,531 | €168,698 | +€7,167 | +4.4% |
| Profit (loss) for the period to be appropriated | 9905 | €161,531 | €168,698 | +€7,167 | +4.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.