G.E. INVEST: 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.
G.E. INVEST
Largest movements
- Tangible fixed assets -€22,974
down €22,974 (-4.3%), from €532,707 to €509,733
- Receivables after one year +€17,145
up €17,145 (+48.9%), from €35,074 to €52,219
- Debts after one year -€29,018
down €29,018 (-8.4%), from €345,840 to €316,822
- Profit (loss) carried forward +€15,894
up €15,894 (+30.7%), from €51,733 to €67,627
- Current portion of long-term debt +€7,349
up €7,349 (+58.9%), from €12,486 to €19,834
- Gross operating margin +€15,056
up €15,056 (+37.3%), from €40,362 to €55,418
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 | €567,951 | €562,249 | -€5,702 | -1.0% |
| Fixed assets | 21/28 | €532,794 | €509,819 | -€22,974 | -4.3% |
| Tangible fixed assets | 22/27 | €532,707 | €509,733 | -€22,974 | -4.3% |
| Land and buildings | 22 | €532,707 | €509,733 | -€22,974 | -4.3% |
| Financial fixed assets | 28 | €87 | €87 | = | 0.0% |
| Current assets | 29/58 | €35,157 | €52,429 | +€17,272 | +49.1% |
| Amounts receivable after more than one year | 29 | €35,074 | €52,219 | +€17,145 | +48.9% |
| Other amounts receivable | 291 | €35,074 | €52,219 | +€17,145 | +48.9% |
| Cash at bank and in hand | 54/58 | €83 | €210 | +€127 | +153% |
| Total equity and liabilities | 10/49 | €567,951 | €562,249 | -€5,702 | -1.0% |
| Equity | 10/15 | €89,233 | €105,127 | +€15,894 | +17.8% |
| Contributions | 10/11 | €37,500 | €37,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €51,733 | €67,627 | +€15,894 | +30.7% |
| Amounts payable | 17/49 | €478,718 | €457,121 | -€21,597 | -4.5% |
| Amounts payable after more than one year | 17 | €345,840 | €316,822 | -€29,018 | -8.4% |
| Financial debts | 170/4 | €345,840 | €316,822 | -€29,018 | -8.4% |
| Amounts payable within one year | 42/48 | €132,878 | €140,299 | +€7,421 | +5.6% |
| Current portion of amounts payable after more than one year | 42 | €12,486 | €19,834 | +€7,349 | +58.9% |
| Trade debts | 44 | €799 | €799 | = | 0.0% |
| Suppliers | 440/4 | €799 | €799 | = | 0.0% |
| Other amounts payable | 47/48 | €119,594 | €119,666 | +€73 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,902 | €22,974 | +€72 | +0.3% |
| Other operating charges | 640/8 | €1,661 | €1,483 | -€178 | -10.7% |
| Gross operating margin | 9900 | €40,362 | €55,418 | +€15,056 | +37.3% |
| Operating profit (loss) | 9901 | €15,798 | €30,961 | +€15,162 | +96.0% |
| Financial income | 75/76B | €835 | €1,244 | +€408 | +48.9% |
| Recurring financial income | 75 | €835 | €1,244 | +€408 | +48.9% |
| Financial charges | 65/66B | €16,810 | €16,310 | -€500 | -3.0% |
| Recurring financial charges | 65 | €16,810 | €16,310 | -€500 | -3.0% |
| Profit (loss) for the period before taxes | 9903 | -€177 | €15,894 | +€16,071 | |
| Profit (loss) for the period | 9904 | -€177 | €15,894 | +€16,071 | |
| Profit (loss) for the period to be appropriated | 9905 | -€177 | €15,894 | +€16,071 |
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 23 October 2026 via checked.be.