Gécé: 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.
Gécé
Largest movements
- Cash -€28,599
down €28,599 (-57.7%), from €49,570 to €20,971
mainly Contributions, distributions and other (-€85,945) and Other debts (-€19,529)
- Tangible fixed assets -€20,484
down €20,484 (-25.3%), from €81,119 to €60,635
of which Furniture and vehicles: -€21,978
- Receivables within one year +€6,865
up €6,865 (+7.9%), from €86,981 to €93,847
of which Other amounts receivable: +€6,662
- Reserves -€85,945
down €85,945 (-57.7%), from €149,048 to €63,103
of which Distributable reserves: -€85,945
- Debts after one year +€55,903
up €55,903 (+359.3%), from €15,557 to €71,459
- Other debts -€19,529
down €19,529 (-98.7%), from €19,791 to €262
- Current portion of long-term debt +€11,311
up €11,311 (+35.8%), from €31,617 to €42,928
- Trade debts +€10,981
up €10,981 (+166.0%), from €6,614 to €17,595
- Gross operating margin -€18,791
down €18,791 (-13.7%), from €136,728 to €117,937
- Depreciation +€3,576
up €3,576 (+19.1%), from €18,748 to €22,324
- Taxes -€2,776
down €2,776 (-41.5%), from €6,684 to €3,908
- Staff costs +€2,695
up €2,695 (+3.3%), from €82,658 to €85,353
- Other operating charges +€1,706
up €1,706 (+30.1%), from €5,668 to €7,374
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 | €330,746 | €289,164 | -€41,582 | -12.6% |
| Fixed assets | 21/28 | €81,490 | €61,006 | -€20,484 | -25.1% |
| Tangible fixed assets | 22/27 | €81,119 | €60,635 | -€20,484 | -25.3% |
| Furniture and vehicles | 24 | €81,002 | €59,025 | -€21,978 | -27.1% |
| Other tangible fixed assets | 26 | €117 | €1,610 | +€1,493 | +1278.4% |
| Financial fixed assets | 28 | €371 | €371 | = | 0.0% |
| Current assets | 29/58 | €249,256 | €228,158 | -€21,098 | -8.5% |
| Stocks and contracts in progress | 3 | €104,095 | €101,950 | -€2,145 | -2.1% |
| Stocks | 30/36 | €104,095 | €101,950 | -€2,145 | -2.1% |
| Amounts receivable within one year | 40/41 | €86,981 | €93,847 | +€6,865 | +7.9% |
| Trade receivables | 40 | €62,291 | €62,494 | +€203 | +0.3% |
| Other amounts receivable | 41 | €24,691 | €31,352 | +€6,662 | +27.0% |
| Cash at bank and in hand | 54/58 | €49,570 | €20,971 | -€28,599 | -57.7% |
| Deferred charges and accrued income | 490/1 | €8,609 | €11,391 | +€2,781 | +32.3% |
| Total equity and liabilities | 10/49 | €330,746 | €289,164 | -€41,582 | -12.6% |
| Equity | 10/15 | €231,649 | €139,314 | -€92,334 | -39.9% |
| Contributions | 10/11 | €80,600 | €80,600 | = | 0.0% |
| Reserves | 13 | €149,048 | €63,103 | -€85,945 | -57.7% |
| Non-distributable reserves | 130/1 | €8,060 | €8,060 | = | 0.0% |
| Reserves not available under the articles | 1311 | €8,060 | €8,060 | = | 0.0% |
| Distributable reserves | 133 | €140,988 | €55,043 | -€85,945 | -61.0% |
| Profit (loss) carried forward | 14 | €2,001 | -€4,389 | -€6,389 | |
| Amounts payable | 17/49 | €99,097 | €149,849 | +€50,752 | +51.2% |
| Amounts payable after more than one year | 17 | €15,557 | €71,459 | +€55,903 | +359.3% |
| Financial debts | 170/4 | €15,557 | €71,459 | +€55,903 | +359.3% |
| Amounts payable within one year | 42/48 | €83,540 | €78,390 | -€5,151 | -6.2% |
| Current portion of amounts payable after more than one year | 42 | €31,617 | €42,928 | +€11,311 | +35.8% |
| Trade debts | 44 | €6,614 | €17,595 | +€10,981 | +166.0% |
| Suppliers | 440/4 | €6,614 | €17,595 | +€10,981 | +166.0% |
| Taxes, remuneration and social security | 45 | €25,519 | €17,605 | -€7,914 | -31.0% |
| Taxes | 450/3 | €10,017 | €6,594 | -€3,423 | -34.2% |
| Remuneration and social security | 454/9 | €15,502 | €11,011 | -€4,491 | -29.0% |
| Other amounts payable | 47/48 | €19,791 | €262 | -€19,529 | -98.7% |
| Remuneration, social security and pensions | 62 | €82,658 | €85,353 | +€2,695 | +3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,748 | €22,324 | +€3,576 | +19.1% |
| Other operating charges | 640/8 | €5,668 | €7,374 | +€1,706 | +30.1% |
| Gross operating margin | 9900 | €136,728 | €117,937 | -€18,791 | -13.7% |
| Operating profit (loss) | 9901 | €29,653 | €2,886 | -€26,767 | -90.3% |
| Financial income | 75/76B | €15 | €1 | -€14 | -90.7% |
| Recurring financial income | 75 | €15 | €1 | -€14 | -90.7% |
| Financial charges | 65/66B | €4,813 | €5,368 | +€555 | +11.5% |
| Recurring financial charges | 65 | €4,813 | €5,368 | +€555 | +11.5% |
| Profit (loss) for the period before taxes | 9903 | €24,855 | -€2,481 | -€27,336 | |
| Income taxes | 67/77 | €6,684 | €3,908 | -€2,776 | -41.5% |
| Profit (loss) for the period | 9904 | €18,171 | -€6,389 | -€24,560 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,171 | -€6,389 | -€24,560 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.