GEBOES: 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.
GEBOES
Largest movements
- Cash -€113,398
down €113,398 (-41.0%), from €276,870 to €163,472
mainly Other debts (-€120,000) and Stocks and contracts (-€10,223)
- Stocks and contracts +€10,223
up €10,223 (+14.1%), from €72,730 to €82,953
- Tangible fixed assets -€9,910
down €9,910 (-20.2%), from €48,980 to €39,070
of which Furniture and vehicles: -€8,742
- Other debts -€120,000
no longer reported in 2025 (was €120,000)
- Purchases and services -€36,017
down €36,017 (-31.5%), from €114,475 to €78,458
- Turnover -€33,789
down €33,789 (-26.2%), from €129,065 to €95,276
- Depreciation +€4,370
up €4,370 (+78.9%), from €5,540 to €9,910
- Gross operating margin +€2,228
up €2,228 (+15.3%), from €14,590 to €16,818
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 | €405,208 | €291,745 | -€113,463 | -28.0% |
| Fixed assets | 21/28 | €48,980 | €39,070 | -€9,910 | -20.2% |
| Tangible fixed assets | 22/27 | €48,980 | €39,070 | -€9,910 | -20.2% |
| Land and buildings | 22 | €9,640 | €8,472 | -€1,168 | -12.1% |
| Furniture and vehicles | 24 | €39,340 | €30,598 | -€8,742 | -22.2% |
| Current assets | 29/58 | €356,228 | €252,675 | -€103,553 | -29.1% |
| Stocks and contracts in progress | 3 | €72,730 | €82,953 | +€10,223 | +14.1% |
| Stocks | 30/36 | €72,730 | €82,953 | +€10,223 | +14.1% |
| Amounts receivable within one year | 40/41 | €3,075 | €2,549 | -€526 | -17.1% |
| Trade receivables | 40 | €3,075 | €2,549 | -€526 | -17.1% |
| Cash at bank and in hand | 54/58 | €276,870 | €163,472 | -€113,398 | -41.0% |
| Deferred charges and accrued income | 490/1 | €3,553 | €3,701 | +€148 | +4.2% |
| Total equity and liabilities | 10/49 | €405,208 | €291,745 | -€113,463 | -28.0% |
| Equity | 10/15 | €281,998 | €283,348 | +€1,350 | +0.5% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Reserves | 13 | €3,099 | €3,099 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,099 | €3,099 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,099 | €3,099 | = | 0.0% |
| Profit (loss) carried forward | 14 | €247,912 | €249,262 | +€1,350 | +0.5% |
| Amounts payable | 17/49 | €123,210 | €8,397 | -€114,813 | -93.2% |
| Amounts payable within one year | 42/48 | €123,210 | €8,397 | -€114,813 | -93.2% |
| Trade debts | 44 | €1,052 | €2,288 | +€1,236 | +117.5% |
| Suppliers | 440/4 | €1,052 | €2,288 | +€1,236 | +117.5% |
| Taxes, remuneration and social security | 45 | €2,158 | €6,109 | +€3,951 | +183.1% |
| Taxes | 450/3 | €2,158 | €6,109 | +€3,951 | +183.1% |
| Other amounts payable | 47/48 | €120,000 | - | -€120,000 | |
| Turnover | 70 | €129,065 | €95,276 | -€33,789 | -26.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €114,475 | €78,458 | -€36,017 | -31.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,540 | €9,910 | +€4,370 | +78.9% |
| Other operating charges | 640/8 | €1,676 | €625 | -€1,051 | -62.7% |
| Gross operating margin | 9900 | €14,590 | €16,818 | +€2,228 | +15.3% |
| Operating profit (loss) | 9901 | €7,374 | €6,283 | -€1,091 | -14.8% |
| Financial income | 75/76B | €693 | €1,327 | +€634 | +91.5% |
| Recurring financial income | 75 | €693 | €1,327 | +€634 | +91.5% |
| Financial charges | 65/66B | €1,832 | €1,303 | -€529 | -28.9% |
| Recurring financial charges | 65 | €1,832 | €1,303 | -€529 | -28.9% |
| Profit (loss) for the period before taxes | 9903 | €6,235 | €6,307 | +€72 | +1.2% |
| Income taxes | 67/77 | €3,742 | €4,957 | +€1,215 | +32.5% |
| Profit (loss) for the period | 9904 | €2,493 | €1,350 | -€1,143 | -45.8% |
| Profit (loss) for the period to be appropriated | 9905 | €2,493 | €1,350 | -€1,143 | -45.8% |
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 11 October 2026 via checked.be.