GEJA: 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.
GEJA
Largest movements
- Cash +€15,483
up €15,483 (+54.6%), from €28,366 to €43,849
mainly Other debts (+€74,718) and Net result for the year (+€28,472)
- Current investments +€11,483
up €11,483 (+23.0%), from €50,000 to €61,483
- Other debts +€74,718
up €74,718 (+1023.5%), from €7,300 to €82,018
- Profit (loss) carried forward -€62,251
no longer reported in 2025 (was €62,251)
- Tax, wage and social debts +€15,818
up €15,818 (+253.3%), from €6,245 to €22,063
- Gross operating margin -€1,611
down €1,611 (-4.2%), from €38,010 to €36,399
- Staff costs -€1,586
no longer reported in 2025 (was €1,586)
- Financial income +€1,318
up €1,318 (+1761.5%), from €75 to €1,393
of which Financial income: +€1,339
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 | €79,862 | €107,426 | +€27,563 | +34.5% |
| Fixed assets | 21/28 | €866 | €711 | -€155 | -17.9% |
| Tangible fixed assets | 22/27 | €866 | €711 | -€155 | -17.9% |
| Furniture and vehicles | 24 | €866 | €711 | -€155 | -17.9% |
| Current assets | 29/58 | €78,997 | €106,715 | +€27,718 | +35.1% |
| Amounts receivable within one year | 40/41 | €330 | €369 | +€39 | +11.7% |
| Other amounts receivable | 41 | €330 | €369 | +€39 | +11.7% |
| Current investments | 50/53 | €50,000 | €61,483 | +€11,483 | +23.0% |
| Cash at bank and in hand | 54/58 | €28,366 | €43,849 | +€15,483 | +54.6% |
| Deferred charges and accrued income | 490/1 | €300 | €1,014 | +€714 | +237.9% |
| Total equity and liabilities | 10/49 | €79,862 | €107,426 | +€27,563 | +34.5% |
| Equity | 10/15 | €64,251 | €2,000 | -€62,251 | -96.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €62,251 | - | -€62,251 | |
| Amounts payable | 17/49 | €15,611 | €105,426 | +€89,815 | +575.3% |
| Amounts payable within one year | 42/48 | €15,611 | €105,426 | +€89,815 | +575.3% |
| Trade debts | 44 | €2,066 | €1,346 | -€721 | -34.9% |
| Suppliers | 440/4 | €2,066 | €1,346 | -€721 | -34.9% |
| Taxes, remuneration and social security | 45 | €6,245 | €22,063 | +€15,818 | +253.3% |
| Taxes | 450/3 | €6,245 | €22,063 | +€15,818 | +253.3% |
| Other amounts payable | 47/48 | €7,300 | €82,018 | +€74,718 | +1023.5% |
| Remuneration, social security and pensions | 62 | €1,586 | - | -€1,586 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €443 | €285 | -€158 | -35.7% |
| Other operating charges | 640/8 | €459 | €605 | +€147 | +32.0% |
| Gross operating margin | 9900 | €38,010 | €36,399 | -€1,611 | -4.2% |
| Operating profit (loss) | 9901 | €35,523 | €35,509 | -€14 | 0.0% |
| Financial income | 75/76B | €75 | €1,393 | +€1,318 | +1761.5% |
| Recurring financial income | 75 | €55 | €1,393 | +€1,339 | +2451.0% |
| Non-recurring financial income | 76B | €20 | - | -€20 | |
| Financial charges | 65/66B | €83 | €350 | +€267 | +319.4% |
| Recurring financial charges | 65 | €83 | €87 | +€4 | +4.4% |
| Non-recurring financial charges | 66B | - | €263 | +€263 | |
| Profit (loss) for the period before taxes | 9903 | €35,514 | €36,553 | +€1,038 | +2.9% |
| Income taxes | 67/77 | €7,705 | €8,081 | +€376 | +4.9% |
| Profit (loss) for the period | 9904 | €27,809 | €28,472 | +€662 | +2.4% |
| Profit (loss) for the period to be appropriated | 9905 | €27,809 | €28,472 | +€662 | +2.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.