GE INDUSTRIES: 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 INDUSTRIES
Largest movements
- Financial fixed assets -€1.3m
down €1.3m (-36.8%), from €3.4m to €2.2m
- Current investments -€804,135
down €804,135 (-100%), from €804,135 to €0
- Receivables within one year -€320,715
down €320,715 (-26.7%), from €1.2m to €878,688
of which Other amounts receivable: -€327,229
- Receivables after one year +€230,528
up €230,528 (+48.8%), from €472,041 to €702,569
- Cash +€229,021
up €229,021 (+209%), from €109,491 to €338,512
mainly Investment in fixed assets (net) (+€1.3m) and Current investments (+€804,135)
- Profit (loss) carried forward -€1.3m
down €1.3m (-37.3%), from €3.5m to €2.2m
- Other debts -€630,883
down €630,883 (-58.1%), from €1.1m to €455,196
- Financial income -€734,287
down €734,287 (-58.4%), from €1.3m to €524,073
- Financial charges +€94,499
up €94,499 (+407%), from €23,224 to €117,723
- Gross operating margin -€10,929
down €10,929 (-30.6%), from -€35,701 to -€46,629
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 | €6,033,160 | €4,097,695 | -€1.9m | -32.1% |
| Fixed assets | 21/28 | €3,448,090 | €2,177,926 | -€1.3m | -36.8% |
| Financial fixed assets | 28 | €3,448,090 | €2,177,926 | -€1.3m | -36.8% |
| Current assets | 29/58 | €2,585,070 | €1,919,769 | -€665,301 | -25.7% |
| Amounts receivable after more than one year | 29 | €472,041 | €702,569 | +€230,528 | +48.8% |
| Other amounts receivable | 291 | €472,041 | €702,569 | +€230,528 | +48.8% |
| Amounts receivable within one year | 40/41 | €1,199,403 | €878,688 | -€320,715 | -26.7% |
| Trade receivables | 40 | - | €6,514 | +€6,514 | |
| Other amounts receivable | 41 | €1,199,403 | €872,174 | -€327,229 | -27.3% |
| Current investments | 50/53 | €804,135 | €0 | -€804,135 | -100% |
| Cash at bank and in hand | 54/58 | €109,491 | €338,512 | +€229,021 | +209% |
| Total equity and liabilities | 10/49 | €6,033,160 | €4,097,695 | -€1.9m | -32.1% |
| Equity | 10/15 | €4,938,514 | €3,641,500 | -€1.3m | -26.3% |
| Contributions | 10/11 | €1,331,664 | €1,331,664 | = | 0.0% |
| Capital | 10 | €1,331,664 | €1,331,664 | = | 0.0% |
| Issued capital | 100 | €1,331,664 | €1,331,664 | = | 0.0% |
| Reserves | 13 | €126,120 | €126,120 | = | 0.0% |
| Non-distributable reserves | 130/1 | €66,030 | €66,030 | = | 0.0% |
| Legal reserve | 130 | €66,030 | €66,030 | = | 0.0% |
| Distributable reserves | 133 | €60,090 | €60,090 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,480,729 | €2,183,716 | -€1.3m | -37.3% |
| Amounts payable | 17/49 | €1,094,647 | €456,195 | -€638,452 | -58.3% |
| Amounts payable within one year | 42/48 | €1,094,647 | €456,195 | -€638,452 | -58.3% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €8,568 | €998 | -€7,569 | -88.3% |
| Suppliers | 440/4 | €8,568 | €998 | -€7,569 | -88.3% |
| Other amounts payable | 47/48 | €1,086,079 | €455,196 | -€630,883 | -58.1% |
| Other operating charges | 640/8 | €1,053 | €1,263 | +€211 | +20.0% |
| Non-recurring operating charges | 66A | €788 | €1,655,471 | +€1.7m | +209,980% |
| Gross operating margin | 9900 | -€35,701 | -€46,629 | -€10,929 | -30.6% |
| Operating profit (loss) | 9901 | -€37,541 | -€1,703,363 | -€1.7m | -4,437% |
| Financial income | 75/76B | €1,258,360 | €524,073 | -€734,287 | -58.4% |
| Recurring financial income | 75 | €1,258,360 | €524,073 | -€734,287 | -58.4% |
| Financial charges | 65/66B | €23,224 | €117,723 | +€94,499 | +407% |
| Recurring financial charges | 65 | €23,224 | €117,723 | +€94,499 | +407% |
| Profit (loss) for the period before taxes | 9903 | €1,197,595 | -€1,297,013 | -€2.5m | |
| Profit (loss) for the period | 9904 | €1,197,595 | -€1,297,013 | -€2.5m | |
| Profit (loss) for the period to be appropriated | 9905 | €1,197,595 | -€1,297,013 | -€2.5m |
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 27 October 2026 via checked.be.