GEFISCOM: 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.
GEFISCOM
Largest movements
- Tangible fixed assets -€9,839
down €9,839 (-21.9%), from €45,008 to €35,169
of which Furniture and vehicles: -€10,224
- Receivables within one year -€9,627
down €9,627 (-39.3%), from €24,465 to €14,839
of which Other amounts receivable: -€7,244
- Cash +€7,708
up €7,708 (+9246.1%), from €83 to €7,792
mainly Depreciation (+€12,381) and Receivables within one year (+€9,627)
- Profit (loss) carried forward -€7,708
down €7,708 (-32.1%), from -€23,994 to -€31,702
- Other debts -€4,011
down €4,011 (-92.9%), from €4,318 to €307
- Accrued charges and deferred income -€743
no longer reported in 2024 (was €743)
- Gross operating margin -€5,637
down €5,637 (-50.2%), from €11,240 to €5,603
- Depreciation +€706
up €706 (+6.0%), from €11,675 to €12,381
- Financial charges +€173
up €173 (+492.5%), from €35 to €208
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €70,204 | €57,799 | -€12,405 | -17.7% |
| Fixed assets | 21/28 | €45,008 | €35,169 | -€9,839 | -21.9% |
| Tangible fixed assets | 22/27 | €45,008 | €35,169 | -€9,839 | -21.9% |
| Plant, machinery and equipment | 23 | €1,854 | €2,240 | +€385 | +20.8% |
| Furniture and vehicles | 24 | €43,153 | €32,929 | -€10,224 | -23.7% |
| Current assets | 29/58 | €25,196 | €22,630 | -€2,566 | -10.2% |
| Amounts receivable within one year | 40/41 | €24,465 | €14,839 | -€9,627 | -39.3% |
| Trade receivables | 40 | €16,850 | €14,468 | -€2,383 | -14.1% |
| Other amounts receivable | 41 | €7,615 | €371 | -€7,244 | -95.1% |
| Cash at bank and in hand | 54/58 | €83 | €7,792 | +€7,708 | +9246.1% |
| Deferred charges and accrued income | 490/1 | €647 | - | -€647 | |
| Total equity and liabilities | 10/49 | €70,204 | €57,799 | -€12,405 | -17.7% |
| Equity | 10/15 | €11,143 | €3,435 | -€7,708 | -69.2% |
| Contributions | 10/11 | €20,823 | €20,823 | = | 0.0% |
| Reserves | 13 | €14,314 | €14,314 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,082 | €2,082 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,082 | €2,082 | = | 0.0% |
| Distributable reserves | 133 | €12,231 | €12,231 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,994 | -€31,702 | -€7,708 | -32.1% |
| Amounts payable | 17/49 | €59,060 | €54,364 | -€4,696 | -8.0% |
| Amounts payable after more than one year | 17 | €54,000 | €54,000 | = | 0.0% |
| Other amounts payable | 178/9 | €54,000 | €54,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €4,318 | €364 | -€3,954 | -91.6% |
| Trade debts | 44 | - | €57 | +€57 | |
| Suppliers | 440/4 | - | €57 | +€57 | |
| Other amounts payable | 47/48 | €4,318 | €307 | -€4,011 | -92.9% |
| Accrued charges and deferred income | 492/3 | €743 | - | -€743 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,675 | €12,381 | +€706 | +6.0% |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Gross operating margin | 9900 | €11,240 | €5,603 | -€5,637 | -50.2% |
| Operating profit (loss) | 9901 | -€819 | -€7,165 | -€6,346 | -774.3% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €35 | €208 | +€173 | +492.5% |
| Recurring financial charges | 65 | €35 | €208 | +€173 | +492.5% |
| Profit (loss) for the period before taxes | 9903 | -€855 | -€7,373 | -€6,519 | -762.8% |
| Income taxes | 67/77 | €419 | €335 | -€84 | -20.1% |
| Profit (loss) for the period | 9904 | -€1,274 | -€7,708 | -€6,434 | -505.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,274 | -€7,708 | -€6,434 | -505.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.