GEFIDA: 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.
GEFIDA
Largest movements
- Receivables within one year +€53,371
up €53,371 (+2.6%), from €2.1m to €2.1m
- Reserves +€55,850
up €55,850 (+2.7%), from €2.0m to €2.1m
- Financial income -€317,516
down €317,516 (-76.7%), from €413,822 to €96,306
of which Financial income: -€316,263
- Taxes +€8,226
up €8,226 (+76.3%), from €10,780 to €19,006
- Gross operating margin +€1,724
up €1,724 (+7.9%), from -€21,739 to -€20,016
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 | €2,059,665 | €2,113,708 | +€54,043 | +2.6% |
| Fixed assets | 21/28 | €1,000 | €1,000 | = | 0.0% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €2,058,665 | €2,112,708 | +€54,043 | +2.6% |
| Amounts receivable within one year | 40/41 | €2,056,833 | €2,110,204 | +€53,371 | +2.6% |
| Other amounts receivable | 41 | €2,056,833 | €2,110,204 | +€53,371 | +2.6% |
| Cash at bank and in hand | 54/58 | €1,034 | €1,629 | +€595 | +57.6% |
| Deferred charges and accrued income | 490/1 | €798 | €875 | +€77 | +9.6% |
| Total equity and liabilities | 10/49 | €2,059,665 | €2,113,708 | +€54,043 | +2.6% |
| Equity | 10/15 | €2,055,770 | €2,111,621 | +€55,850 | +2.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,037,170 | €2,093,021 | +€55,850 | +2.7% |
| Distributable reserves | 133 | €2,037,170 | €2,093,021 | +€55,850 | +2.7% |
| Amounts payable | 17/49 | €3,895 | €2,088 | -€1,807 | -46.4% |
| Amounts payable within one year | 42/48 | €3,895 | €2,088 | -€1,807 | -46.4% |
| Trade debts | 44 | €2,481 | €2,088 | -€394 | -15.9% |
| Suppliers | 440/4 | €2,481 | €2,088 | -€394 | -15.9% |
| Taxes, remuneration and social security | 45 | €1,413 | €0 | -€1,413 | -100.0% |
| Taxes | 450/3 | €1,413 | €0 | -€1,413 | -100.0% |
| Other operating charges | 640/8 | €1,458 | €1,356 | -€102 | -7.0% |
| Gross operating margin | 9900 | -€21,739 | -€20,016 | +€1,724 | +7.9% |
| Operating profit (loss) | 9901 | -€23,197 | -€21,372 | +€1,826 | +7.9% |
| Financial income | 75/76B | €413,822 | €96,306 | -€317,516 | -76.7% |
| Recurring financial income | 75 | €412,569 | €96,306 | -€316,263 | -76.7% |
| Non-recurring financial income | 76B | €1,253 | €0 | -€1,253 | -100.0% |
| Financial charges | 65/66B | €91 | €78 | -€13 | -14.6% |
| Recurring financial charges | 65 | €91 | €78 | -€13 | -14.6% |
| Profit (loss) for the period before taxes | 9903 | €390,534 | €74,856 | -€315,677 | -80.8% |
| Income taxes | 67/77 | €10,780 | €19,006 | +€8,226 | +76.3% |
| Profit (loss) for the period | 9904 | €379,753 | €55,850 | -€323,903 | -85.3% |
| Profit (loss) for the period to be appropriated | 9905 | €379,753 | €55,850 | -€323,903 | -85.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.