G.E.T.ENVIRONNEMENT: what changed
What changed
G.E.T.ENVIRONNEMENT
NACE 46.879, Wholesale trade
filed annual accounts (NBB)
Net result for the year
€138,344
2024 · -€26,592+€164,936
Equity
€696,766
2024 · €578,421+€118,344
Cash
€527,444
2024 · €230,745+€296,700
Balance sheet total
€1.3m
2024 · €979,248+€305,705
Largest movements
Assets
- Cash +€296,700
up €296,700 (+129%), from €230,745 to €527,444
mainly Accrued charges and deferred income (+€254,724) and Net result for the year (+€138,344)
- Receivables within one year +€24,883
up €24,883 (+9.0%), from €275,197 to €300,079
of which Trade receivables: +€34,038
- Tangible fixed assets -€15,187
down €15,187 (-3.5%), from €439,907 to €424,720
of which Land and buildings: -€14,959
Equity and liabilities
- Accrued charges and deferred income +€254,724
up €254,724 (+10,022%), from €2,542 to €257,265
- Reserves +€80,000
up €80,000 (+28.9%), from €277,000 to €357,000
- Trade debts -€70,392
down €70,392 (-32.9%), from €214,280 to €143,888
- Profit (loss) carried forward +€38,344
up €38,344 (+13.6%), from €281,421 to €319,766
- Tax, wage and social debts +€34,663
up €34,663 (+137%), from €25,366 to €60,029
of which Taxes: +€36,081
Income statement
- Gross operating margin +€221,152
up €221,152 (+450%), from €49,120 to €270,271
- Taxes +€50,894
up €50,894 (+7,910%), from €643 to €51,537
- Write-downs +€3,821
up €3,821 (+105%), from €3,656 to €7,477
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.
Result 2024
-€26,592
Gross operating margin
+€221,152
Staff costs
-€1,705
Depreciation
-€1,405
Write-downs
-€3,821
Other operating charges
+€421
Financial income
-€523
Financial charges
+€1,712
Taxes
-€50,894
Result 2025
€138,344
raises the resultlowers the result
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.
From operations
+€380,993
Investment
-€33,372
Financing
-€50,921
Cash 2024
€230,745
From operations (derived)
+€380,993
Net result for the year
+€138,344
Depreciation
+€48,559
Stocks and contracts
+€1,800
Receivables within one year
-€24,883
Deferred charges and accrued income
-€1,109
Trade debts
-€70,392
Tax, wage and social debts
+€34,663
Other debts
-€714
Accrued charges and deferred income
+€254,724
Investment (derived)
-€33,372
Investment in fixed assets (net)
-€33,372
Financing
-€50,921
Debts after one year
-€21,798
Current portion of long-term debt
-€9,123
Contributions, distributions and other
-€20,000
Cash 2025
€527,444
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €979,248 | €1,284,953 | +€305,705 | +31.2% |
| Fixed assets | 21/28 | €440,142 | €424,955 | -€15,187 | -3.5% |
| Tangible fixed assets | 22/27 | €439,907 | €424,720 | -€15,187 | -3.5% |
| Land and buildings | 22 | €345,741 | €330,783 | -€14,959 | -4.3% |
| Plant, machinery and equipment | 23 | €28,941 | €24,037 | -€4,904 | -16.9% |
| Furniture and vehicles | 24 | €61,300 | €67,094 | +€5,794 | +9.5% |
| Other tangible fixed assets | 26 | €3,925 | €2,807 | -€1,118 | -28.5% |
| Financial fixed assets | 28 | €235 | €235 | = | 0.0% |
| Current assets | 29/58 | €539,106 | €859,998 | +€320,892 | +59.5% |
| Stocks and contracts in progress | 3 | €21,102 | €19,302 | -€1,800 | -8.5% |
| Stocks | 30/36 | €21,102 | €19,302 | -€1,800 | -8.5% |
| Amounts receivable within one year | 40/41 | €275,197 | €300,079 | +€24,883 | +9.0% |
| Trade receivables | 40 | €264,067 | €298,104 | +€34,038 | +12.9% |
| Other amounts receivable | 41 | €11,130 | €1,975 | -€9,155 | -82.3% |
| Cash at bank and in hand | 54/58 | €230,745 | €527,444 | +€296,700 | +129% |
| Deferred charges and accrued income | 490/1 | €12,062 | €13,172 | +€1,109 | +9.2% |
| Total equity and liabilities | 10/49 | €979,248 | €1,284,953 | +€305,705 | +31.2% |
| Equity | 10/15 | €578,421 | €696,766 | +€118,344 | +20.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €277,000 | €357,000 | +€80,000 | +28.9% |
| Distributable reserves | 133 | €277,000 | €357,000 | +€80,000 | +28.9% |
| Profit (loss) carried forward | 14 | €281,421 | €319,766 | +€38,344 | +13.6% |
| Amounts payable | 17/49 | €400,827 | €588,187 | +€187,361 | +46.7% |
| Amounts payable after more than one year | 17 | €99,400 | €77,602 | -€21,798 | -21.9% |
| Financial debts | 170/4 | €99,400 | €77,602 | -€21,798 | -21.9% |
| Amounts payable within one year | 42/48 | €298,886 | €253,320 | -€45,566 | -15.2% |
| Current portion of amounts payable after more than one year | 42 | €32,421 | €23,298 | -€9,123 | -28.1% |
| Trade debts | 44 | €214,280 | €143,888 | -€70,392 | -32.9% |
| Suppliers | 440/4 | €214,280 | €143,888 | -€70,392 | -32.9% |
| Taxes, remuneration and social security | 45 | €25,366 | €60,029 | +€34,663 | +137% |
| Taxes | 450/3 | €22,178 | €58,259 | +€36,081 | +163% |
| Remuneration and social security | 454/9 | €3,188 | €1,771 | -€1,417 | -44.5% |
| Other amounts payable | 47/48 | €26,819 | €26,105 | -€714 | -2.7% |
| Accrued charges and deferred income | 492/3 | €2,542 | €257,265 | +€254,724 | +10,022% |
| Remuneration, social security and pensions | 62 | €16,652 | €18,357 | +€1,705 | +10.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,154 | €48,559 | +€1,405 | +3.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,656 | €7,477 | +€3,821 | +105% |
| Other operating charges | 640/8 | €3,948 | €3,528 | -€421 | -10.7% |
| Gross operating margin | 9900 | €49,120 | €270,271 | +€221,152 | +450% |
| Operating profit (loss) | 9901 | -€22,291 | €192,350 | +€214,641 | |
| Financial income | 75/76B | €582 | €59 | -€523 | -89.9% |
| Recurring financial income | 75 | €582 | €59 | -€523 | -89.9% |
| Financial charges | 65/66B | €4,239 | €2,527 | -€1,712 | -40.4% |
| Recurring financial charges | 65 | €4,239 | €2,527 | -€1,712 | -40.4% |
| Profit (loss) for the period before taxes | 9903 | -€25,948 | €189,881 | +€215,830 | |
| Income taxes | 67/77 | €643 | €51,537 | +€50,894 | +7,910% |
| Profit (loss) for the period | 9904 | -€26,592 | €138,344 | +€164,936 | |
| Profit (loss) for the period to be appropriated | 9905 | -€26,592 | €138,344 | +€164,936 |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
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.