GEDENCIA: 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.
GEDENCIA
Largest movements
- Cash +€103,562
up €103,562 (+3,290%), from €3,148 to €106,710
mainly Net result for the year (+€87,935) and Tax, wage and social debts (+€28,789)
- Receivables within one year +€4,282
up €4,282 (+25.4%), from €16,851 to €21,133
- Tangible fixed assets +€1,687
new in 2025: €1,687
- Profit (loss) carried forward +€87,935
up €87,935 (+2,918%), from €3,014 to €90,949
- Tax, wage and social debts +€28,789
up €28,789 (+795%), from €3,621 to €32,410
- Other debts -€5,832
down €5,832 (-83.6%), from €6,978 to €1,146
- Accrued charges and deferred income -€3,434
down €3,434 (-98.1%), from €3,500 to €66
- Gross operating margin +€108,663
up €108,663 (+2,700%), from €4,025 to €112,688
- Taxes +€22,337
up €22,337 (+2,871%), from €778 to €23,115
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 | €20,890 | €129,530 | +€108,640 | +520% |
| Formation expenses | 20 | €891 | - | -€891 | |
| Fixed assets | 21/28 | - | €1,687 | +€1,687 | |
| Tangible fixed assets | 22/27 | - | €1,687 | +€1,687 | |
| Furniture and vehicles | 24 | - | €1,687 | +€1,687 | |
| Current assets | 29/58 | €19,999 | €127,843 | +€107,844 | +539% |
| Amounts receivable within one year | 40/41 | €16,851 | €21,133 | +€4,282 | +25.4% |
| Trade receivables | 40 | €16,851 | €21,133 | +€4,282 | +25.4% |
| Cash at bank and in hand | 54/58 | €3,148 | €106,710 | +€103,562 | +3,290% |
| Total equity and liabilities | 10/49 | €20,890 | €129,530 | +€108,640 | +520% |
| Equity | 10/15 | €4,514 | €92,949 | +€88,435 | +1,959% |
| Contributions | 10/11 | €1,500 | €2,000 | +€500 | +33.3% |
| Profit (loss) carried forward | 14 | €3,014 | €90,949 | +€87,935 | +2,918% |
| Amounts payable | 17/49 | €16,376 | €36,581 | +€20,205 | +123% |
| Amounts payable within one year | 42/48 | €12,876 | €36,515 | +€23,639 | +184% |
| Trade debts | 44 | €2,277 | €2,959 | +€682 | +30.0% |
| Suppliers | 440/4 | €2,277 | €2,959 | +€682 | +30.0% |
| Taxes, remuneration and social security | 45 | €3,621 | €32,410 | +€28,789 | +795% |
| Taxes | 450/3 | €3,621 | €32,410 | +€28,789 | +795% |
| Other amounts payable | 47/48 | €6,978 | €1,146 | -€5,832 | -83.6% |
| Accrued charges and deferred income | 492/3 | €3,500 | €66 | -€3,434 | -98.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €233 | €1,211 | +€978 | +420% |
| Other operating charges | 640/8 | - | €427 | +€427 | |
| Gross operating margin | 9900 | €4,025 | €112,688 | +€108,663 | +2,700% |
| Operating profit (loss) | 9901 | €3,792 | €111,050 | +€107,258 | +2,829% |
| Profit (loss) for the period before taxes | 9903 | €3,792 | €111,050 | +€107,258 | +2,829% |
| Income taxes | 67/77 | €778 | €23,115 | +€22,337 | +2,871% |
| Profit (loss) for the period | 9904 | €3,014 | €87,935 | +€84,921 | +2,818% |
| Profit (loss) for the period to be appropriated | 9905 | €3,014 | €87,935 | +€84,921 | +2,818% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.