GEFICOM-NIVELLES: what changed
GEFICOM-NIVELLES
Largest movements
- Tangible fixed assets -€11,814
down €11,814 (-8.1%), from €146,241 to €134,427
of which Land and buildings: -€10,437
- Cash -€1,732
down €1,732 (-39.1%), from €4,435 to €2,703
mainly Net result for the year (-€15,531) and Trade debts (-€5,282)
- Profit (loss) carried forward -€15,531
down €15,531 (-89.5%), from €17,353 to €1,822
- Other debts +€8,234
up €8,234 (+6.4%), from €129,106 to €137,340
- Trade debts -€5,282
down €5,282 (-91.8%), from €5,752 to €470
- Gross operating margin -€16,963
down €16,963, from €14,926 to -€2,037
- Financial charges -€3,693
down €3,693 (-89.6%), from €4,121 to €428
of which Non-recurring financial charges: -€3,943
- Taxes -€1,340
down €1,340 (-98.1%), from €1,366 to €26
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €153,577 | €139,632 | -€13,945 | -9.1% |
| Fixed assets | 21/28 | €146,241 | €134,427 | -€11,814 | -8.1% |
| Tangible fixed assets | 22/27 | €146,241 | €134,427 | -€11,814 | -8.1% |
| Land and buildings | 22 | €133,861 | €123,424 | -€10,437 | -7.8% |
| Plant, machinery and equipment | 23 | €12,380 | €11,003 | -€1,377 | -11.1% |
| Current assets | 29/58 | €7,336 | €5,205 | -€2,131 | -29.0% |
| Amounts receivable within one year | 40/41 | €2,901 | €2,502 | -€399 | -13.8% |
| Trade receivables | 40 | €1,329 | €1,790 | +€461 | +34.7% |
| Other amounts receivable | 41 | €1,572 | €712 | -€860 | -54.7% |
| Cash at bank and in hand | 54/58 | €4,435 | €2,703 | -€1,732 | -39.1% |
| Total equity and liabilities | 10/49 | €153,577 | €139,632 | -€13,945 | -9.1% |
| Equity | 10/15 | €17,353 | €1,822 | -€15,531 | -89.5% |
| Profit (loss) carried forward | 14 | €17,353 | €1,822 | -€15,531 | -89.5% |
| Amounts payable | 17/49 | €136,224 | €137,810 | +€1,586 | +1.2% |
| Amounts payable within one year | 42/48 | €136,224 | €137,810 | +€1,586 | +1.2% |
| Trade debts | 44 | €5,752 | €470 | -€5,282 | -91.8% |
| Suppliers | 440/4 | €5,752 | €470 | -€5,282 | -91.8% |
| Taxes, remuneration and social security | 45 | €1,366 | - | -€1,366 | |
| Taxes | 450/3 | €1,366 | - | -€1,366 | |
| Other amounts payable | 47/48 | €129,106 | €137,340 | +€8,234 | +6.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,813 | €11,814 | +€1 | 0.0% |
| Other operating charges | 640/8 | €1,101 | €1,235 | +€134 | +12.2% |
| Gross operating margin | 9900 | €14,926 | -€2,037 | -€16,963 | |
| Operating profit (loss) | 9901 | €2,012 | -€15,086 | -€17,098 | |
| Financial income | 75/76B | €44 | €9 | -€35 | -79.5% |
| Recurring financial income | 75 | €44 | €9 | -€35 | -79.5% |
| Non-recurring financial income | 76B | €44 | €9 | -€35 | -79.5% |
| Financial charges | 65/66B | €4,121 | €428 | -€3,693 | -89.6% |
| Recurring financial charges | 65 | €178 | €428 | +€250 | +140% |
| Non-recurring financial charges | 66B | €3,943 | - | -€3,943 | |
| Profit (loss) for the period before taxes | 9903 | -€2,065 | -€15,505 | -€13,440 | -651% |
| Income taxes | 67/77 | €1,366 | €26 | -€1,340 | -98.1% |
| Profit (loss) for the period | 9904 | -€3,431 | -€15,531 | -€12,100 | -353% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,431 | -€15,531 | -€12,100 | -353% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.