GECA BEHEER: 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.
GECA BEHEER
Largest movements
- Receivables after one year +€66,230
up €66,230 (+28.2%), from €235,007 to €301,236
- Financial fixed assets -€18,414
down €18,414 (-41.5%), from €44,414 to €26,000
- Profit (loss) carried forward +€47,057
up €47,057 (+25.0%), from €188,550 to €235,607
- Financial income +€42,445
up €42,445 (+310%), from €13,671 to €56,116
- Gross operating margin -€6,506
down €6,506, from €3,458 to -€3,048
- Taxes -€1,442
down €1,442 (-44.2%), from €3,266 to €1,824
- Financial charges -€236
down €236 (-6.0%), from €3,962 to €3,725
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 | €279,997 | €328,632 | +€48,635 | +17.4% |
| Fixed assets | 21/28 | €44,414 | €26,000 | -€18,414 | -41.5% |
| Financial fixed assets | 28 | €44,414 | €26,000 | -€18,414 | -41.5% |
| Current assets | 29/58 | €235,583 | €302,632 | +€67,049 | +28.5% |
| Amounts receivable after more than one year | 29 | €235,007 | €301,236 | +€66,230 | +28.2% |
| Other amounts receivable | 291 | €235,007 | €301,236 | +€66,230 | +28.2% |
| Amounts receivable within one year | 40/41 | - | €676 | +€676 | |
| Other amounts receivable | 41 | - | €676 | +€676 | |
| Cash at bank and in hand | 54/58 | €576 | €719 | +€143 | +24.8% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €279,997 | €328,632 | +€48,635 | +17.4% |
| Equity | 10/15 | €229,010 | €276,067 | +€47,057 | +20.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €21,860 | €21,860 | = | 0.0% |
| Distributable reserves | 133 | €21,860 | €21,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €188,550 | €235,607 | +€47,057 | +25.0% |
| Amounts payable | 17/49 | €50,987 | €52,565 | +€1,578 | +3.1% |
| Amounts payable after more than one year | 17 | €48,809 | €51,228 | +€2,419 | +5.0% |
| Other amounts payable | 178/9 | €48,809 | €51,228 | +€2,419 | +5.0% |
| Amounts payable within one year | 42/48 | €1,878 | €1,037 | -€841 | -44.8% |
| Taxes, remuneration and social security | 45 | €1,878 | €1,037 | -€841 | -44.8% |
| Taxes | 450/3 | €1,878 | €1,037 | -€841 | -44.8% |
| Accrued charges and deferred income | 492/3 | €300 | €300 | = | 0.0% |
| Other operating charges | 640/8 | €449 | €462 | +€12 | +2.8% |
| Gross operating margin | 9900 | €3,458 | -€3,048 | -€6,506 | |
| Operating profit (loss) | 9901 | €3,008 | -€3,510 | -€6,518 | |
| Financial income | 75/76B | €13,671 | €56,116 | +€42,445 | +310% |
| Recurring financial income | 75 | €13,671 | €56,116 | +€42,445 | +310% |
| Financial charges | 65/66B | €3,962 | €3,725 | -€236 | -6.0% |
| Recurring financial charges | 65 | €3,962 | €3,725 | -€236 | -6.0% |
| Profit (loss) for the period before taxes | 9903 | €12,718 | €48,881 | +€36,163 | +284% |
| Income taxes | 67/77 | €3,266 | €1,824 | -€1,442 | -44.2% |
| Profit (loss) for the period | 9904 | €9,452 | €47,057 | +€37,605 | +398% |
| Profit (loss) for the period to be appropriated | 9905 | €9,452 | €47,057 | +€37,605 | +398% |
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 18 October 2026 via checked.be.