GEBOBAT: what changed
Two fiscal 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.
GEBOBAT
Largest movements
- Receivables within one year +€18,658
up €18,658 (+29531.7%), from €63 to €18,721
of which Trade receivables: +€18,721
- Tangible fixed assets +€14,804
up €14,804 (+8.9%), from €165,694 to €180,498
of which Land and buildings: +€14,804
- Cash +€10,863
up €10,863 (+2242.3%), from €484 to €11,347
mainly Net result for the year (+€26,568) and Other debts (+€8,922)
- Profit (loss) carried forward +€26,568
up €26,568 (+65.0%), from €40,887 to €67,455
- Other debts +€8,922
up €8,922 (+10.4%), from €85,535 to €94,457
- Tax, wage and social debts +€8,249
up €8,249 (+2001.2%), from €412 to €8,661
of which Taxes: +€8,249
- Turnover +€42,867
up €42,867, from €0 to €42,867
- Gross operating margin +€33,934
up €33,934 (+1069.4%), from €3,173 to €37,107
- Purchases and services +€13,731
up €13,731, from €0 to €13,731
- Taxes +€3,305
new in 2025: €3,305
- Depreciation +€1,875
up €1,875 (+58.2%), from €3,221 to €5,097
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 | €166,280 | €210,626 | +€44,346 | +26.7% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €165,694 | €180,498 | +€14,804 | +8.9% |
| Tangible fixed assets | 22/27 | €165,694 | €180,498 | +€14,804 | +8.9% |
| Land and buildings | 22 | €165,694 | €180,498 | +€14,804 | +8.9% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €586 | €30,128 | +€29,542 | +5041.3% |
| Amounts receivable within one year | 40/41 | €63 | €18,721 | +€18,658 | +29531.7% |
| Trade receivables | 40 | €0 | €18,721 | +€18,721 | |
| Other amounts receivable | 41 | €63 | €0 | -€63 | -100.0% |
| Cash at bank and in hand | 54/58 | €484 | €11,347 | +€10,863 | +2242.3% |
| Deferred charges and accrued income | 490/1 | €38 | €60 | +€21 | +55.4% |
| Total equity and liabilities | 10/49 | €166,280 | €210,626 | +€44,346 | +26.7% |
| Equity | 10/15 | €80,048 | €106,617 | +€26,568 | +33.2% |
| Contributions | 10/11 | €20,411 | €20,411 | = | 0.0% |
| Outside capital | 11 | €20,411 | - | -€20,411 | |
| Other | 1109/19 | €20,411 | - | -€20,411 | |
| Reserves | 13 | €18,750 | €18,750 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | €40,887 | €67,455 | +€26,568 | +65.0% |
| Amounts payable | 17/49 | €86,232 | €104,009 | +€17,777 | +20.6% |
| Amounts payable within one year | 42/48 | €86,232 | €104,009 | +€17,777 | +20.6% |
| Trade debts | 44 | €284 | €891 | +€606 | +213.2% |
| Suppliers | 440/4 | €284 | €891 | +€606 | +213.2% |
| Taxes, remuneration and social security | 45 | €412 | €8,661 | +€8,249 | +2001.2% |
| Taxes | 450/3 | €412 | €8,661 | +€8,249 | +2001.2% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €85,535 | €94,457 | +€8,922 | +10.4% |
| Turnover | 70 | €0 | €42,867 | +€42,867 | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | €13,731 | +€13,731 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,221 | €5,097 | +€1,875 | +58.2% |
| Other operating charges | 640/8 | €2,050 | €2,089 | +€39 | +1.9% |
| Gross operating margin | 9900 | €3,173 | €37,107 | +€33,934 | +1069.4% |
| Operating profit (loss) | 9901 | -€2,098 | €29,921 | +€32,019 | |
| Financial income | 75/76B | - | €4 | +€4 | |
| Recurring financial income | 75 | - | €4 | +€4 | |
| Financial charges | 65/66B | €45 | €51 | +€6 | +13.3% |
| Recurring financial charges | 65 | €45 | €51 | +€6 | +13.3% |
| Profit (loss) for the period before taxes | 9903 | -€2,143 | €29,873 | +€32,016 | |
| Income taxes | 67/77 | - | €3,305 | +€3,305 | |
| Profit (loss) for the period | 9904 | -€2,143 | €26,568 | +€28,712 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,143 | €26,568 | +€28,712 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.