GEFIBRYE: 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.
GEFIBRYE
Largest movements
- Cash -€102,231
down €102,231 (-46.8%), from €218,638 to €116,407
mainly Investment in fixed assets (net) (-€135,159) and Debts after one year (-€31,870)
- Tangible fixed assets +€50,227
up €50,227 (+7.3%), from €689,583 to €739,810
- Receivables within one year -€14,843
down €14,843 (-98.0%), from €15,150 to €307
of which Trade receivables: -€15,150
- Debts after one year -€31,870
no longer reported in 2025 (was €31,870)
- Current portion of long-term debt -€21,943
down €21,943 (-40.8%), from €53,812 to €31,869
- Tax, wage and social debts -€9,571
no longer reported in 2025 (was €9,571)
- Gross operating margin -€28,475
down €28,475 (-22.0%), from €129,426 to €100,951
- Taxes -€9,183
down €9,183 (-88.9%), from €10,335 to €1,152
- Other operating charges +€5,553
up €5,553 (+70.2%), from €7,911 to €13,464
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 | €927,788 | €864,030 | -€63,758 | -6.9% |
| Fixed assets | 21/28 | €689,583 | €739,810 | +€50,227 | +7.3% |
| Tangible fixed assets | 22/27 | €689,583 | €739,810 | +€50,227 | +7.3% |
| Land and buildings | 22 | €689,583 | €739,810 | +€50,227 | +7.3% |
| Current assets | 29/58 | €238,205 | €124,220 | -€113,985 | -47.9% |
| Amounts receivable within one year | 40/41 | €15,150 | €307 | -€14,843 | -98.0% |
| Trade receivables | 40 | €15,150 | - | -€15,150 | |
| Other amounts receivable | 41 | - | €307 | +€307 | |
| Cash at bank and in hand | 54/58 | €218,638 | €116,407 | -€102,231 | -46.8% |
| Deferred charges and accrued income | 490/1 | €4,417 | €7,506 | +€3,089 | +69.9% |
| Total equity and liabilities | 10/49 | €927,788 | €864,030 | -€63,758 | -6.9% |
| Equity | 10/15 | €823,031 | €825,591 | +€2,560 | +0.3% |
| Contributions | 10/11 | €25,167 | €25,167 | = | 0.0% |
| Reserves | 13 | €2,541 | €2,541 | = | 0.0% |
| Distributable reserves | 133 | €2,541 | €2,541 | = | 0.0% |
| Profit (loss) carried forward | 14 | €795,323 | €797,883 | +€2,560 | +0.3% |
| Amounts payable | 17/49 | €104,757 | €38,439 | -€66,318 | -63.3% |
| Amounts payable after more than one year | 17 | €31,870 | - | -€31,870 | |
| Financial debts | 170/4 | €31,870 | - | -€31,870 | |
| Amounts payable within one year | 42/48 | €67,707 | €34,439 | -€33,268 | -49.1% |
| Current portion of amounts payable after more than one year | 42 | €53,812 | €31,869 | -€21,943 | -40.8% |
| Trade debts | 44 | €1,938 | €2,424 | +€486 | +25.1% |
| Suppliers | 440/4 | €1,938 | €2,424 | +€486 | +25.1% |
| Taxes, remuneration and social security | 45 | €9,571 | - | -€9,571 | |
| Taxes | 450/3 | €9,571 | - | -€9,571 | |
| Other amounts payable | 47/48 | €2,386 | €146 | -€2,240 | -93.9% |
| Accrued charges and deferred income | 492/3 | €5,180 | €4,000 | -€1,180 | -22.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €84,221 | €84,932 | +€711 | +0.8% |
| Other operating charges | 640/8 | €7,911 | €13,464 | +€5,553 | +70.2% |
| Gross operating margin | 9900 | €129,426 | €100,951 | -€28,475 | -22.0% |
| Operating profit (loss) | 9901 | €37,294 | €2,555 | -€34,739 | -93.1% |
| Financial income | 75/76B | €2,645 | €2,583 | -€62 | -2.3% |
| Recurring financial income | 75 | €2,645 | €2,583 | -€62 | -2.3% |
| Financial charges | 65/66B | €2,481 | €1,426 | -€1,055 | -42.5% |
| Recurring financial charges | 65 | €2,481 | €1,426 | -€1,055 | -42.5% |
| Profit (loss) for the period before taxes | 9903 | €37,458 | €3,712 | -€33,746 | -90.1% |
| Income taxes | 67/77 | €10,335 | €1,152 | -€9,183 | -88.9% |
| Profit (loss) for the period | 9904 | €27,123 | €2,560 | -€24,563 | -90.6% |
| Profit (loss) for the period to be appropriated | 9905 | €27,123 | €2,560 | -€24,563 | -90.6% |
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 7 October 2026 via checked.be.