GEBIWO: 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.
GEBIWO
Largest movements
- Cash +€14,934
up €14,934 (+438%), from €3,411 to €18,344
mainly Other debts (+€45,000) and Depreciation (+€5,509)
- Tangible fixed assets -€5,509
down €5,509 (-4.5%), from €122,265 to €116,755
- Other debts +€45,000
up €45,000 (+33.5%), from €134,153 to €179,153
- Profit (loss) carried forward -€38,255
down €38,255 (-6.7%), from -€568,274 to -€606,529
- Trade debts +€2,679
up €2,679 (+48.7%), from €5,503 to €8,183
- Gross operating margin -€4,698
down €4,698 (-19.7%), from -€23,843 to -€28,541
- Depreciation -€644
down €644 (-10.5%), from €6,153 to €5,509
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 | €125,675 | €135,100 | +€9,425 | +7.5% |
| Fixed assets | 21/28 | €122,265 | €116,755 | -€5,509 | -4.5% |
| Tangible fixed assets | 22/27 | €122,265 | €116,755 | -€5,509 | -4.5% |
| Land and buildings | 22 | €122,265 | €116,755 | -€5,509 | -4.5% |
| Current assets | 29/58 | €3,411 | €18,344 | +€14,934 | +438% |
| Cash at bank and in hand | 54/58 | €3,411 | €18,344 | +€14,934 | +438% |
| Total equity and liabilities | 10/49 | €125,675 | €135,100 | +€9,425 | +7.5% |
| Equity | 10/15 | -€263,981 | -€302,236 | -€38,255 | -14.5% |
| Contributions | 10/11 | €294,993 | €294,993 | = | 0.0% |
| Capital | 10 | €294,993 | €294,993 | = | 0.0% |
| Issued capital | 100 | €294,993 | €294,993 | = | 0.0% |
| Reserves | 13 | €9,300 | €9,300 | = | 0.0% |
| Non-distributable reserves | 130/1 | €9,300 | €9,300 | = | 0.0% |
| Legal reserve | 130 | €9,300 | €9,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€568,274 | -€606,529 | -€38,255 | -6.7% |
| Amounts payable | 17/49 | €389,657 | €437,336 | +€47,679 | +12.2% |
| Amounts payable after more than one year | 17 | €250,000 | €250,000 | = | 0.0% |
| Financial debts | 170/4 | €250,000 | €250,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €139,657 | €187,336 | +€47,679 | +34.1% |
| Trade debts | 44 | €5,503 | €8,183 | +€2,679 | +48.7% |
| Suppliers | 440/4 | €5,503 | €8,183 | +€2,679 | +48.7% |
| Other amounts payable | 47/48 | €134,153 | €179,153 | +€45,000 | +33.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,153 | €5,509 | -€644 | -10.5% |
| Other operating charges | 640/8 | €4,272 | €4,160 | -€112 | -2.6% |
| Gross operating margin | 9900 | -€23,843 | -€28,541 | -€4,698 | -19.7% |
| Operating profit (loss) | 9901 | -€34,267 | -€38,210 | -€3,943 | -11.5% |
| Financial charges | 65/66B | €86 | €45 | -€41 | -47.9% |
| Recurring financial charges | 65 | €86 | €45 | -€41 | -47.9% |
| Profit (loss) for the period before taxes | 9903 | -€34,353 | -€38,255 | -€3,901 | -11.4% |
| Profit (loss) for the period | 9904 | -€34,353 | -€38,255 | -€3,901 | -11.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€34,353 | -€38,255 | -€3,901 | -11.4% |
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 22 October 2026 via checked.be.