Ge-Line: 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-Line
Largest movements
- Tangible fixed assets -€36,831
down €36,831 (-21.9%), from €168,160 to €131,329
of which Furniture and vehicles: -€25,173
- Receivables within one year +€24,990
up €24,990 (+66.4%), from €37,629 to €62,619
- Deferred charges and accrued income -€7,329
down €7,329 (-39.8%), from €18,429 to €11,101
- Other debts -€62,208
down €62,208 (-95.6%), from €65,087 to €2,879
- Reserves +€37,800
up €37,800 (+22.9%), from €165,078 to €202,878
- Trade debts +€4,398
up €4,398 (+18.1%), from €24,252 to €28,650
- Gross operating margin -€40,096
down €40,096 (-28.5%), from €140,533 to €100,437
- Taxes -€15,773
down €15,773 (-43.8%), from €35,996 to €20,223
- Depreciation +€12,267
up €12,267 (+49.9%), from €24,564 to €36,831
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 | €276,306 | €254,699 | -€21,607 | -7.8% |
| Fixed assets | 21/28 | €168,732 | €131,901 | -€36,831 | -21.8% |
| Tangible fixed assets | 22/27 | €168,160 | €131,329 | -€36,831 | -21.9% |
| Land and buildings | 22 | €53,763 | €43,010 | -€10,753 | -20.0% |
| Furniture and vehicles | 24 | €110,524 | €85,350 | -€25,173 | -22.8% |
| Other tangible fixed assets | 26 | €3,874 | €2,969 | -€905 | -23.4% |
| Financial fixed assets | 28 | €572 | €572 | = | 0.0% |
| Current assets | 29/58 | €107,574 | €122,798 | +€15,225 | +14.2% |
| Amounts receivable within one year | 40/41 | €37,629 | €62,619 | +€24,990 | +66.4% |
| Other amounts receivable | 41 | €37,629 | €62,619 | +€24,990 | +66.4% |
| Current investments | 50/53 | €2,586 | €2,586 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €48,930 | €46,493 | -€2,437 | -5.0% |
| Deferred charges and accrued income | 490/1 | €18,429 | €11,101 | -€7,329 | -39.8% |
| Total equity and liabilities | 10/49 | €276,306 | €254,699 | -€21,607 | -7.8% |
| Equity | 10/15 | €183,670 | €221,470 | +€37,800 | +20.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €165,078 | €202,878 | +€37,800 | +22.9% |
| Distributable reserves | 133 | €165,078 | €202,878 | +€37,800 | +22.9% |
| Amounts payable | 17/49 | €92,636 | €33,229 | -€59,407 | -64.1% |
| Amounts payable within one year | 42/48 | €92,636 | €33,229 | -€59,407 | -64.1% |
| Trade debts | 44 | €24,252 | €28,650 | +€4,398 | +18.1% |
| Suppliers | 440/4 | €24,252 | €28,650 | +€4,398 | +18.1% |
| Taxes, remuneration and social security | 45 | €3,297 | €1,700 | -€1,597 | -48.4% |
| Taxes | 450/3 | €3,297 | €1,700 | -€1,597 | -48.4% |
| Other amounts payable | 47/48 | €65,087 | €2,879 | -€62,208 | -95.6% |
| Non-recurring operating income | 76A | €20,037 | - | -€20,037 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,564 | €36,831 | +€12,267 | +49.9% |
| Other operating charges | 640/8 | €2,076 | €2,285 | +€210 | +10.1% |
| Gross operating margin | 9900 | €140,533 | €100,437 | -€40,096 | -28.5% |
| Operating profit (loss) | 9901 | €113,893 | €61,321 | -€52,573 | -46.2% |
| Financial income | 75/76B | €43 | €17 | -€25 | -59.6% |
| Recurring financial income | 75 | €43 | €17 | -€25 | -59.6% |
| Financial charges | 65/66B | €670 | €236 | -€434 | -64.8% |
| Recurring financial charges | 65 | €670 | €236 | -€434 | -64.8% |
| Profit (loss) for the period before taxes | 9903 | €113,266 | €61,102 | -€52,164 | -46.1% |
| Income taxes | 67/77 | €35,996 | €20,223 | -€15,773 | -43.8% |
| Profit (loss) for the period | 9904 | €77,270 | €40,879 | -€36,391 | -47.1% |
| Profit (loss) for the period to be appropriated | 9905 | €77,270 | €40,879 | -€36,391 | -47.1% |
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 19 October 2026 via checked.be.