gechribo: 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.
What changed
gechribo
NACE 64.210, Activities of holding companies
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€456,634
2024 · €14,357-€470,991
Equity
€12.5m
2024 · €12.9m-€456,634
Cash
€257,433
2024 · €231,411+€26,022
Balance sheet total
€44.4m
2024 · €46.8m-€2.4m
Largest movements
Assets
- Financial fixed assets -€7.3m
down €7.3m (-100.0%), from €7.3m to €0
- Current investments +€5.8m
up €5.8m (+105.0%), from €5.5m to €11.4m
- Receivables within one year -€1.4m
down €1.4m (-67.1%), from €2.1m to €690,954
of which Other amounts receivable: -€1.4m
Equity and liabilities
- Other debts -€10.7m
down €10.7m (-93.0%), from €11.5m to €801,728
- Debts after one year +€6.2m
up €6.2m (+29.1%), from €21.4m to €27.7m
of which Financial debts: +€6.2m
- Provisions +€2.1m
new in 2025: €2.1m
Income statement
- Gross operating margin +€1.4m
up €1.4m (+154.7%), from €879,680 to €2.2m
- Write-downs +€817,320
new in 2025: €817,320
- Financial charges +€436,164
up €436,164 (+65.9%), from €661,888 to €1.1m
- Depreciation +€276,798
up €276,798 (+42.7%), from €647,713 to €924,511
- Other operating charges +€173,009
up €173,009 (+592.3%), from €29,208 to €202,217
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.
Result 2024
€14,357
Gross operating margin
+€1.4m
Staff costs
-€906
Depreciation
-€276,798
Write-downs
-€817,320
Other operating charges
-€173,009
Financial income
-€152,205
Financial charges
-€436,164
Deferred taxes and other
+€24,774
Result 2025
-€456,634
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.
From operations
-€6.9m
Investment
+€402,213
Financing
+€6.6m
Cash 2024
€231,411
From operations (derived)
-€6.9m
Net result for the year
-€456,634
Depreciation
+€924,511
Stocks and contracts
-€272,025
Receivables within one year
+€1.4m
Smaller working-capital items
-€10,716
Provisions
+€2.1m
Trade debts
+€59,708
Other debts
-€10.7m
Investment (derived)
+€402,213
Investment in fixed assets (net)
+€6.2m
Current investments
-€5.8m
Financing
+€6.6m
Debts after one year
+€6.2m
Current portion of long-term debt
+€328,187
Short-term financial debts
+€57
Cash 2025
€257,433
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €46,841,853 | €44,421,573 | -€2.4m | -5.2% |
| Fixed assets | 21/28 | €35,921,980 | €28,768,030 | -€7.2m | -19.9% |
| Intangible fixed assets | 21 | - | €138,017 | +€138,017 | |
| Tangible fixed assets | 22/27 | €28,588,245 | €28,630,012 | +€41,768 | +0.1% |
| Land and buildings | 22 | €25,499,263 | €25,543,275 | +€44,013 | +0.2% |
| Furniture and vehicles | 24 | €2,245 | €0 | -€2,245 | -100.0% |
| Assets under construction and advance payments | 27 | €3,086,737 | €3,086,737 | = | 0.0% |
| Financial fixed assets | 28 | €7,333,735 | €0 | -€7.3m | -100.0% |
| Current assets | 29/58 | €10,919,873 | €15,653,544 | +€4.7m | +43.3% |
| Stocks and contracts in progress | 3 | €3,005,177 | €3,277,201 | +€272,025 | +9.1% |
| Stocks | 30/36 | €3,005,177 | €3,277,201 | +€272,025 | +9.1% |
| Amounts receivable within one year | 40/41 | €2,097,200 | €690,954 | -€1.4m | -67.1% |
| Trade receivables | 40 | €26,309 | €62,678 | +€36,369 | +138.2% |
| Other amounts receivable | 41 | €2,070,892 | €628,277 | -€1.4m | -69.7% |
| Current investments | 50/53 | €5,549,669 | €11,376,895 | +€5.8m | +105.0% |
| Cash at bank and in hand | 54/58 | €231,411 | €257,433 | +€26,022 | +11.2% |
| Deferred charges and accrued income | 490/1 | €36,416 | €51,059 | +€14,644 | +40.2% |
| Total equity and liabilities | 10/49 | €46,841,853 | €44,421,573 | -€2.4m | -5.2% |
| Equity | 10/15 | €12,941,975 | €12,485,340 | -€456,634 | -3.5% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Capital | 10 | €500,000 | €500,000 | = | 0.0% |
| Issued capital | 100 | €500,000 | €500,000 | = | 0.0% |
| Reserves | 13 | €12,441,975 | €11,985,340 | -€456,634 | -3.7% |
| Non-distributable reserves | 130/1 | €49,386 | €50,000 | +€614 | +1.2% |
| Legal reserve | 130 | €49,386 | €50,000 | +€614 | +1.2% |
| Tax-exempt reserves | 132 | €11,704,251 | €11,208,891 | -€495,360 | -4.2% |
| Distributable reserves | 133 | €688,338 | €726,450 | +€38,112 | +5.5% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Provisions and deferred taxes | 16 | - | €2,069,127 | +€2.1m | |
| Deferred taxes | 168 | - | €2,069,127 | +€2.1m | |
| Amounts payable | 17/49 | €33,899,878 | €29,867,106 | -€4.0m | -11.9% |
| Amounts payable after more than one year | 17 | €21,436,860 | €27,673,158 | +€6.2m | +29.1% |
| Financial debts | 170/4 | €21,364,484 | €27,584,963 | +€6.2m | +29.1% |
| Other amounts payable | 178/9 | €72,376 | €88,195 | +€15,819 | +21.9% |
| Amounts payable within one year | 42/48 | €12,457,835 | €2,185,115 | -€10.3m | -82.5% |
| Current portion of amounts payable after more than one year | 42 | €986,053 | €1,314,240 | +€328,187 | +33.3% |
| Financial debts | 43 | - | €57 | +€57 | |
| Credit institutions | 430/8 | - | €57 | +€57 | |
| Trade debts | 44 | €1,871 | €61,580 | +€59,708 | +3190.5% |
| Suppliers | 440/4 | €1,871 | €61,580 | +€59,708 | +3190.5% |
| Taxes, remuneration and social security | 45 | €7,233 | €7,510 | +€277 | +3.8% |
| Taxes | 450/3 | €965 | €1,003 | +€38 | +3.9% |
| Remuneration and social security | 454/9 | €6,268 | €6,507 | +€239 | +3.8% |
| Other amounts payable | 47/48 | €11,462,678 | €801,728 | -€10.7m | -93.0% |
| Accrued charges and deferred income | 492/3 | €5,183 | €8,833 | +€3,651 | +70.4% |
| Remuneration, social security and pensions | 62 | €42,154 | €43,059 | +€906 | +2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €647,713 | €924,511 | +€276,798 | +42.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €817,320 | +€817,320 | |
| Other operating charges | 640/8 | €29,208 | €202,217 | +€173,009 | +592.3% |
| Gross operating margin | 9900 | €879,680 | €2,240,316 | +€1.4m | +154.7% |
| Operating profit (loss) | 9901 | €160,606 | €253,209 | +€92,603 | +57.7% |
| Financial income | 75/76B | €515,639 | €363,434 | -€152,205 | -29.5% |
| Recurring financial income | 75 | €515,639 | €363,434 | -€152,205 | -29.5% |
| Financial charges | 65/66B | €661,888 | €1,098,052 | +€436,164 | +65.9% |
| Recurring financial charges | 65 | €661,888 | €1,098,052 | +€436,164 | +65.9% |
| Profit (loss) for the period before taxes | 9903 | €14,357 | -€481,409 | -€495,766 | |
| Transfer from deferred taxes | 780 | - | €24,774 | +€24,774 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €14,357 | -€456,634 | -€470,991 | |
| Transfer from tax-exempt reserves | 789 | €178,253 | €495,360 | +€317,107 | +177.9% |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €192,610 | €38,725 | -€153,884 | -79.9% |
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 4 October 2026 via checked.be.