GEJEC: 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.
GEJEC
Largest movements
- Stocks and contracts -€387,975
no longer reported in 2025 (was €387,975)
- Cash +€10,720
up €10,720 (+1089.7%), from €984 to €11,704
mainly Stocks and contracts (+€387,975) and Trade debts (+€8,800)
- Short-term financial debts -€347,571
no longer reported in 2025 (was €347,571)
- Profit (loss) carried forward -€32,573
new in 2025: -€32,573
- Trade debts +€8,800
up €8,800 (+26.4%), from €33,279 to €42,079
- Reserves -€5,910
no longer reported in 2025 (was €5,910)
- Gross operating margin -€11,373
down €11,373 (-668.7%), from -€1,701 to -€13,074
- Financial charges -€2,417
down €2,417 (-8.9%), from €27,017 to €24,601
- Other operating charges -€217
down €217 (-20.5%), from €1,056 to €839
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 | €427,585 | €50,330 | -€377,255 | -88.2% |
| Current assets | 29/58 | €427,585 | €50,330 | -€377,255 | -88.2% |
| Stocks and contracts in progress | 3 | €387,975 | - | -€387,975 | |
| Stocks | 30/36 | €387,975 | - | -€387,975 | |
| Amounts receivable within one year | 40/41 | €38,626 | €38,626 | = | 0.0% |
| Other amounts receivable | 41 | €38,626 | €38,626 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €984 | €11,704 | +€10,720 | +1089.7% |
| Total equity and liabilities | 10/49 | €427,585 | €50,330 | -€377,255 | -88.2% |
| Equity | 10/15 | €8,310 | -€30,173 | -€38,483 | |
| Contributions | 10/11 | €2,400 | €2,400 | = | 0.0% |
| Reserves | 13 | €5,910 | - | -€5,910 | |
| Distributable reserves | 133 | €5,910 | - | -€5,910 | |
| Profit (loss) carried forward | 14 | - | -€32,573 | -€32,573 | |
| Amounts payable | 17/49 | €419,274 | €80,503 | -€338,772 | -80.8% |
| Amounts payable within one year | 42/48 | €419,274 | €80,503 | -€338,772 | -80.8% |
| Financial debts | 43 | €347,571 | - | -€347,571 | |
| Credit institutions | 430/8 | €347,571 | - | -€347,571 | |
| Trade debts | 44 | €33,279 | €42,079 | +€8,800 | +26.4% |
| Suppliers | 440/4 | €33,279 | €42,079 | +€8,800 | +26.4% |
| Other amounts payable | 47/48 | €38,424 | €38,424 | = | 0.0% |
| Other operating charges | 640/8 | €1,056 | €839 | -€217 | -20.5% |
| Gross operating margin | 9900 | -€1,701 | -€13,074 | -€11,373 | -668.7% |
| Operating profit (loss) | 9901 | -€2,757 | -€13,913 | -€11,156 | -404.6% |
| Financial income | 75/76B | - | €31 | +€31 | |
| Recurring financial income | 75 | - | €31 | +€31 | |
| Financial charges | 65/66B | €27,017 | €24,601 | -€2,417 | -8.9% |
| Recurring financial charges | 65 | €27,017 | €24,601 | -€2,417 | -8.9% |
| Profit (loss) for the period before taxes | 9903 | -€29,774 | -€38,483 | -€8,709 | -29.3% |
| Profit (loss) for the period | 9904 | -€29,774 | -€38,483 | -€8,709 | -29.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€29,774 | -€38,483 | -€8,709 | -29.3% |
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 5 October 2026 via checked.be.