GE-OD: 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-OD
Largest movements
- Cash +€2,843
up €2,843 (+214.8%), from €1,323 to €4,167
mainly Receivables within one year (+€2,594) and Net result for the year (+€1,385)
- Receivables within one year -€2,594
down €2,594 (-38.3%), from €6,765 to €4,171
- Tangible fixed assets +€759
up €759 (+88.8%), from €855 to €1,614
- Deferred charges and accrued income -€639
down €639 (-92.8%), from €689 to €50
- Profit (loss) carried forward +€1,385
up €1,385 (+7.6%), from -€18,307 to -€16,922
- Tax, wage and social debts -€639
down €639 (-19.0%), from €3,361 to €2,722
- Other debts -€229
down €229 (-1.9%), from €12,030 to €11,801
- Trade debts -€148
no longer reported in 2025 (was €148)
- Gross operating margin +€1,820
up €1,820 (+90.2%), from €2,018 to €3,838
- Other operating charges -€306
down €306 (-27.1%), from €1,133 to €826
- Taxes +€294
up €294 (+28.2%), from €1,042 to €1,336
- Financial income -€200
no longer reported in 2025 (was €200)
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 | €9,632 | €10,001 | +€369 | +3.8% |
| Fixed assets | 21/28 | €855 | €1,614 | +€759 | +88.8% |
| Tangible fixed assets | 22/27 | €855 | €1,614 | +€759 | +88.8% |
| Furniture and vehicles | 24 | €855 | €1,614 | +€759 | +88.8% |
| Current assets | 29/58 | €8,777 | €8,387 | -€390 | -4.4% |
| Amounts receivable within one year | 40/41 | €6,765 | €4,171 | -€2,594 | -38.3% |
| Trade receivables | 40 | €6,765 | €4,171 | -€2,594 | -38.3% |
| Cash at bank and in hand | 54/58 | €1,323 | €4,167 | +€2,843 | +214.8% |
| Deferred charges and accrued income | 490/1 | €689 | €50 | -€639 | -92.8% |
| Total equity and liabilities | 10/49 | €9,632 | €10,001 | +€369 | +3.8% |
| Equity | 10/15 | -€5,907 | -€4,522 | +€1,385 | +23.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,307 | -€16,922 | +€1,385 | +7.6% |
| Amounts payable | 17/49 | €15,539 | €14,523 | -€1,016 | -6.5% |
| Amounts payable within one year | 42/48 | €15,539 | €14,523 | -€1,016 | -6.5% |
| Trade debts | 44 | €148 | - | -€148 | |
| Suppliers | 440/4 | €148 | - | -€148 | |
| Taxes, remuneration and social security | 45 | €3,361 | €2,722 | -€639 | -19.0% |
| Taxes | 450/3 | €3,361 | €2,722 | -€639 | -19.0% |
| Other amounts payable | 47/48 | €12,030 | €11,801 | -€229 | -1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €230 | €241 | +€11 | +4.8% |
| Other operating charges | 640/8 | €1,133 | €826 | -€306 | -27.1% |
| Gross operating margin | 9900 | €2,018 | €3,838 | +€1,820 | +90.2% |
| Operating profit (loss) | 9901 | €656 | €2,771 | +€2,116 | +322.7% |
| Financial income | 75/76B | €200 | - | -€200 | |
| Recurring financial income | 75 | €200 | - | -€200 | |
| Financial charges | 65/66B | €50 | €50 | -€0 | -0.8% |
| Recurring financial charges | 65 | €50 | €50 | -€0 | -0.8% |
| Profit (loss) for the period before taxes | 9903 | €805 | €2,721 | +€1,916 | +237.9% |
| Income taxes | 67/77 | €1,042 | €1,336 | +€294 | +28.2% |
| Profit (loss) for the period | 9904 | -€237 | €1,385 | +€1,622 | |
| Profit (loss) for the period to be appropriated | 9905 | -€237 | €1,385 | +€1,622 |
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 9 October 2026 via checked.be.