GEBRAN: 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.
GEBRAN
Largest movements
- Cash +€53,531
up €53,531 (+433.1%), from €12,361 to €65,892
mainly Investment in fixed assets (net) (+€34,231) and Net result for the year (+€29,239)
- Financial fixed assets -€43,785
down €43,785 (-88.3%), from €49,567 to €5,782
- Receivables within one year +€11,076
up €11,076 (+27.3%), from €40,611 to €51,687
of which Trade receivables: +€13,720
- Tangible fixed assets +€8,556
up €8,556 (+512.7%), from €1,669 to €10,225
of which Furniture and vehicles: +€8,273
- Deferred charges and accrued income +€2,869
new in 2025: €2,869
- Tax, wage and social debts +€14,764
up €14,764 (+92.1%), from €16,037 to €30,802
of which Taxes: +€12,691
- Other debts +€8,331
new in 2025: €8,331
- Reserves +€6,171
up €6,171 (+9.3%), from €66,367 to €72,538
of which Distributable reserves: +€6,171
- Trade debts +€2,980
up €2,980 (+72.2%), from €4,126 to €7,106
- Gross operating margin +€26,814
up €26,814 (+172.4%), from €15,552 to €42,366
- Taxes +€7,707
up €7,707 (+159.3%), from €4,838 to €12,545
- Financial charges -€1,097
down €1,097 (-84.6%), from €1,297 to €200
- Financial income +€1,058
up €1,058 (+671.4%), from €158 to €1,215
- Other operating charges -€453
down €453 (-43.0%), from €1,051 to €599
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 | €104,208 | €136,455 | +€32,247 | +30.9% |
| Fixed assets | 21/28 | €51,236 | €16,007 | -€35,229 | -68.8% |
| Tangible fixed assets | 22/27 | €1,669 | €10,225 | +€8,556 | +512.7% |
| Plant, machinery and equipment | 23 | €556 | €839 | +€283 | +50.9% |
| Furniture and vehicles | 24 | - | €8,273 | +€8,273 | |
| Other tangible fixed assets | 26 | €1,113 | €1,113 | = | 0.0% |
| Financial fixed assets | 28 | €49,567 | €5,782 | -€43,785 | -88.3% |
| Current assets | 29/58 | €52,973 | €120,448 | +€67,476 | +127.4% |
| Amounts receivable within one year | 40/41 | €40,611 | €51,687 | +€11,076 | +27.3% |
| Trade receivables | 40 | €37,485 | €51,205 | +€13,720 | +36.6% |
| Other amounts receivable | 41 | €3,127 | €482 | -€2,644 | -84.6% |
| Cash at bank and in hand | 54/58 | €12,361 | €65,892 | +€53,531 | +433.1% |
| Deferred charges and accrued income | 490/1 | - | €2,869 | +€2,869 | |
| Total equity and liabilities | 10/49 | €104,208 | €136,455 | +€32,247 | +30.9% |
| Equity | 10/15 | €84,045 | €90,217 | +€6,171 | +7.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €66,367 | €72,538 | +€6,171 | +9.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €27,480 | €27,480 | = | 0.0% |
| Distributable reserves | 133 | €37,027 | €43,198 | +€6,171 | +16.7% |
| Profit (loss) carried forward | 14 | -€921 | -€921 | = | 0.0% |
| Amounts payable | 17/49 | €20,163 | €46,238 | +€26,075 | +129.3% |
| Amounts payable within one year | 42/48 | €20,163 | €46,238 | +€26,075 | +129.3% |
| Trade debts | 44 | €4,126 | €7,106 | +€2,980 | +72.2% |
| Suppliers | 440/4 | €4,126 | €7,106 | +€2,980 | +72.2% |
| Taxes, remuneration and social security | 45 | €16,037 | €30,802 | +€14,764 | +92.1% |
| Taxes | 450/3 | €16,037 | €28,728 | +€12,691 | +79.1% |
| Remuneration and social security | 454/9 | - | €2,074 | +€2,074 | |
| Other amounts payable | 47/48 | - | €8,331 | +€8,331 | |
| Non-recurring operating income | 76A | €1,500 | - | -€1,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €634 | €998 | +€363 | +57.2% |
| Other operating charges | 640/8 | €1,051 | €599 | -€453 | -43.0% |
| Gross operating margin | 9900 | €15,552 | €42,366 | +€26,814 | +172.4% |
| Operating profit (loss) | 9901 | €13,866 | €40,769 | +€26,903 | +194.0% |
| Financial income | 75/76B | €158 | €1,215 | +€1,058 | +671.4% |
| Recurring financial income | 75 | €158 | €1,215 | +€1,058 | +671.4% |
| Financial charges | 65/66B | €1,297 | €200 | -€1,097 | -84.6% |
| Recurring financial charges | 65 | €1,297 | €200 | -€1,097 | -84.6% |
| Profit (loss) for the period before taxes | 9903 | €12,727 | €41,785 | +€29,058 | +228.3% |
| Income taxes | 67/77 | €4,838 | €12,545 | +€7,707 | +159.3% |
| Profit (loss) for the period | 9904 | €7,888 | €29,239 | +€21,351 | +270.7% |
| Profit (loss) for the period to be appropriated | 9905 | €7,888 | €29,239 | +€21,351 | +270.7% |
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 6 October 2026 via checked.be.