GE-DE-TEX: 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-DE-TEX
Largest movements
- Cash +€7,232
up €7,232 (+115%), from €6,279 to €13,511
mainly Net result for the year (+€12,410) and Tax, wage and social debts (+€1,096)
- Receivables within one year +€6,953
up €6,953 (+14.9%), from €46,566 to €53,520
of which Other amounts receivable: +€9,585
- Tangible fixed assets -€825
down €825 (-40.4%), from €2,044 to €1,219
- Reserves +€12,410
up €12,410 (+80.1%), from €15,486 to €27,895
of which Distributable reserves: +€12,410
- Tax, wage and social debts +€1,096
up €1,096 (+110%), from €995 to €2,091
- Gross operating margin -€3,662
down €3,662 (-22.9%), from €16,008 to €12,346
- Taxes +€864
up €864 (+230%), from €377 to €1,241
- Financial income +€769
up €769 (+38.8%), from €1,982 to €2,751
- Depreciation +€369
up €369 (+80.9%), from €456 to €825
- Other operating charges -€364
down €364 (-38.8%), from €938 to €574
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 | €54,889 | €68,250 | +€13,360 | +24.3% |
| Fixed assets | 21/28 | €2,044 | €1,219 | -€825 | -40.4% |
| Tangible fixed assets | 22/27 | €2,044 | €1,219 | -€825 | -40.4% |
| Furniture and vehicles | 24 | €2,044 | €1,219 | -€825 | -40.4% |
| Current assets | 29/58 | €52,845 | €67,031 | +€14,185 | +26.8% |
| Amounts receivable within one year | 40/41 | €46,566 | €53,520 | +€6,953 | +14.9% |
| Trade receivables | 40 | €2,632 | €0 | -€2,632 | -100% |
| Other amounts receivable | 41 | €43,934 | €53,520 | +€9,585 | +21.8% |
| Cash at bank and in hand | 54/58 | €6,279 | €13,511 | +€7,232 | +115% |
| Total equity and liabilities | 10/49 | €54,889 | €68,250 | +€13,360 | +24.3% |
| Equity | 10/15 | €52,686 | €65,095 | +€12,410 | +23.6% |
| Contributions | 10/11 | €37,200 | €37,200 | = | 0.0% |
| Reserves | 13 | €15,486 | €27,895 | +€12,410 | +80.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €8,000 | €8,000 | = | 0.0% |
| Distributable reserves | 133 | €7,486 | €19,895 | +€12,410 | +166% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €2,204 | €3,155 | +€951 | +43.1% |
| Amounts payable within one year | 42/48 | €1,690 | €2,759 | +€1,068 | +63.2% |
| Trade debts | 44 | €695 | €668 | -€27 | -3.9% |
| Suppliers | 440/4 | €695 | €668 | -€27 | -3.9% |
| Taxes, remuneration and social security | 45 | €995 | €2,091 | +€1,096 | +110% |
| Taxes | 450/3 | €995 | €2,091 | +€1,096 | +110% |
| Accrued charges and deferred income | 492/3 | €513 | €396 | -€118 | -22.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €456 | €825 | +€369 | +80.9% |
| Other operating charges | 640/8 | €938 | €574 | -€364 | -38.8% |
| Gross operating margin | 9900 | €16,008 | €12,346 | -€3,662 | -22.9% |
| Operating profit (loss) | 9901 | €14,614 | €10,948 | -€3,666 | -25.1% |
| Financial income | 75/76B | €1,982 | €2,751 | +€769 | +38.8% |
| Recurring financial income | 75 | €1,982 | €2,751 | +€769 | +38.8% |
| Financial charges | 65/66B | €41 | €48 | +€7 | +18.0% |
| Recurring financial charges | 65 | €41 | €48 | +€7 | +18.0% |
| Profit (loss) for the period before taxes | 9903 | €16,555 | €13,650 | -€2,905 | -17.5% |
| Income taxes | 67/77 | €377 | €1,241 | +€864 | +230% |
| Profit (loss) for the period | 9904 | €16,179 | €12,410 | -€3,769 | -23.3% |
| Profit (loss) for the period to be appropriated | 9905 | €16,179 | €12,410 | -€3,769 | -23.3% |
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 25 October 2026 via checked.be.