GE_CA: 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.
GE_CA
Largest movements
- Deferred charges and accrued income +€9,744
new in 2025: €9,744
- Tangible fixed assets +€3,437
up €3,437 (+65.9%), from €5,218 to €8,655
of which Plant, machinery and equipment: +€3,038
- Cash -€604
no longer reported in 2025 (was €604)
mainly Deferred charges and accrued income (-€9,744) and Net result for the year (-€7,016)
- Trade debts +€10,564
up €10,564 (+348.7%), from €3,029 to €13,593
- Debts after one year +€9,166
up €9,166 (+67.8%), from €13,520 to €22,687
- Profit (loss) carried forward -€7,016
down €7,016 (-28.3%), from -€24,807 to -€31,823
- Other debts -€4,175
down €4,175 (-44.5%), from €9,388 to €5,214
- Current portion of long-term debt +€3,995
up €3,995 (+106.0%), from €3,768 to €7,764
- Gross operating margin +€10,247
up €10,247 (+88.6%), from -€11,566 to -€1,318
- Depreciation +€1,485
up €1,485 (+125.4%), from €1,184 to €2,668
- Other operating charges +€1,011
new in 2025: €1,011
- Financial charges +€922
up €922 (+103.3%), from €892 to €1,814
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.
Cash bridge derived
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 | €6,122 | €18,699 | +€12,577 | +205.4% |
| Fixed assets | 21/28 | €5,518 | €8,955 | +€3,437 | +62.3% |
| Tangible fixed assets | 22/27 | €5,218 | €8,655 | +€3,437 | +65.9% |
| Plant, machinery and equipment | 23 | - | €3,038 | +€3,038 | |
| Furniture and vehicles | 24 | €2,662 | €1,804 | -€858 | -32.2% |
| Other tangible fixed assets | 26 | €2,556 | €3,814 | +€1,258 | +49.2% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €604 | €9,744 | +€9,140 | +1513.6% |
| Cash at bank and in hand | 54/58 | €604 | - | -€604 | |
| Deferred charges and accrued income | 490/1 | - | €9,744 | +€9,744 | |
| Total equity and liabilities | 10/49 | €6,122 | €18,699 | +€12,577 | +205.4% |
| Equity | 10/15 | -€23,807 | -€30,823 | -€7,016 | -29.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,807 | -€31,823 | -€7,016 | -28.3% |
| Amounts payable | 17/49 | €29,929 | €49,522 | +€19,594 | +65.5% |
| Amounts payable after more than one year | 17 | €13,520 | €22,687 | +€9,166 | +67.8% |
| Financial debts | 170/4 | €13,520 | €22,687 | +€9,166 | +67.8% |
| Amounts payable within one year | 42/48 | €16,408 | €26,836 | +€10,427 | +63.5% |
| Current portion of amounts payable after more than one year | 42 | €3,768 | €7,764 | +€3,995 | +106.0% |
| Trade debts | 44 | €3,029 | €13,593 | +€10,564 | +348.7% |
| Suppliers | 440/4 | €3,029 | €13,593 | +€10,564 | +348.7% |
| Taxes, remuneration and social security | 45 | €222 | €265 | +€43 | +19.3% |
| Taxes | 450/3 | €222 | €265 | +€43 | +19.3% |
| Other amounts payable | 47/48 | €9,388 | €5,214 | -€4,175 | -44.5% |
| Remuneration, social security and pensions | 62 | €213 | €205 | -€8 | -3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,184 | €2,668 | +€1,485 | +125.4% |
| Other operating charges | 640/8 | - | €1,011 | +€1,011 | |
| Non-recurring operating charges | 66A | €11,018 | - | -€11,018 | |
| Gross operating margin | 9900 | -€11,566 | -€1,318 | +€10,247 | +88.6% |
| Operating profit (loss) | 9901 | -€23,981 | -€5,203 | +€18,778 | +78.3% |
| Financial income | 75/76B | €66 | - | -€66 | |
| Recurring financial income | 75 | €66 | - | -€66 | |
| Financial charges | 65/66B | €892 | €1,814 | +€922 | +103.3% |
| Recurring financial charges | 65 | €892 | €1,814 | +€922 | +103.3% |
| Profit (loss) for the period before taxes | 9903 | -€24,807 | -€7,016 | +€17,790 | +71.7% |
| Profit (loss) for the period | 9904 | -€24,807 | -€7,016 | +€17,790 | +71.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€24,807 | -€7,016 | +€17,790 | +71.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.