GEGE Management: 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.
GEGE Management
Largest movements
- Cash +€20,237
up €20,237 (+35.8%), from €56,547 to €76,784
mainly Net result for the year (+€24,033) and Current investments (+€9,937)
- Receivables within one year +€14,549
new in 2025: €14,549
of which Other amounts receivable: +€9,003
- Current investments -€9,937
no longer reported in 2025 (was €9,937)
- Tangible fixed assets -€3,688
down €3,688 (-18.5%), from €19,921 to €16,232
of which Furniture and vehicles: -€5,835
- Reserves +€23,500
up €23,500 (+35.6%), from €66,000 to €89,500
- Tax, wage and social debts -€2,180
down €2,180 (-13.6%), from €16,089 to €13,909
- Taxes +€9,482
new in 2025: €9,482
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 | €86,405 | €108,043 | +€21,638 | +25.0% |
| Fixed assets | 21/28 | €19,921 | €16,232 | -€3,688 | -18.5% |
| Tangible fixed assets | 22/27 | €19,921 | €16,232 | -€3,688 | -18.5% |
| Plant, machinery and equipment | 23 | - | €2,147 | +€2,147 | |
| Furniture and vehicles | 24 | €19,921 | €14,085 | -€5,835 | -29.3% |
| Current assets | 29/58 | €66,485 | €91,811 | +€25,327 | +38.1% |
| Amounts receivable within one year | 40/41 | - | €14,549 | +€14,549 | |
| Trade receivables | 40 | - | €5,546 | +€5,546 | |
| Other amounts receivable | 41 | - | €9,003 | +€9,003 | |
| Current investments | 50/53 | €9,937 | - | -€9,937 | |
| Cash at bank and in hand | 54/58 | €56,547 | €76,784 | +€20,237 | +35.8% |
| Deferred charges and accrued income | 490/1 | - | €478 | +€478 | |
| Total equity and liabilities | 10/49 | €86,405 | €108,043 | +€21,638 | +25.0% |
| Equity | 10/15 | €69,634 | €93,667 | +€24,033 | +34.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €66,000 | €89,500 | +€23,500 | +35.6% |
| Distributable reserves | 133 | €66,000 | €89,500 | +€23,500 | +35.6% |
| Profit (loss) carried forward | 14 | €1,634 | €2,167 | +€533 | +32.6% |
| Amounts payable | 17/49 | €16,771 | €14,376 | -€2,395 | -14.3% |
| Amounts payable within one year | 42/48 | €16,771 | €14,376 | -€2,395 | -14.3% |
| Trade debts | 44 | €661 | €467 | -€194 | -29.3% |
| Suppliers | 440/4 | €661 | €467 | -€194 | -29.3% |
| Taxes, remuneration and social security | 45 | €16,089 | €13,909 | -€2,180 | -13.6% |
| Taxes | 450/3 | €16,089 | €13,909 | -€2,180 | -13.6% |
| Other amounts payable | 47/48 | €21 | - | -€21 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,836 | €6,075 | +€240 | +4.1% |
| Other operating charges | 640/8 | €385 | €395 | +€11 | +2.8% |
| Gross operating margin | 9900 | €39,908 | €39,831 | -€78 | -0.2% |
| Operating profit (loss) | 9901 | €33,688 | €33,360 | -€328 | -1.0% |
| Financial income | 75/76B | €203 | €196 | -€7 | -3.5% |
| Recurring financial income | 75 | €203 | €196 | -€7 | -3.5% |
| Financial charges | 65/66B | €39 | €40 | +€1 | +3.5% |
| Recurring financial charges | 65 | €39 | €40 | +€1 | +3.5% |
| Profit (loss) for the period before taxes | 9903 | €33,852 | €33,515 | -€337 | -1.0% |
| Income taxes | 67/77 | - | €9,482 | +€9,482 | |
| Profit (loss) for the period | 9904 | €33,852 | €24,033 | -€9,819 | -29.0% |
| Profit (loss) for the period to be appropriated | 9905 | €33,852 | €24,033 | -€9,819 | -29.0% |
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 16 October 2026 via checked.be.