GEJECO: 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.
GEJECO
Largest movements
- Tangible fixed assets -€243,810
down €243,810 (-7.5%), from €3.2m to €3.0m
of which Land and buildings: -€232,782
- Profit (loss) carried forward -€252,097
down €252,097 (-81.8%), from -€308,103 to -€560,200
- Debts after one year -€56,704
down €56,704 (-16.7%), from €339,661 to €282,957
- Other debts +€39,120
up €39,120 (+1.2%), from €3.2m to €3.2m
- Gross operating margin +€27,590
up €27,590, from -€15,521 to €12,069
- Financial charges -€21,215
down €21,215 (-84.1%), from €25,225 to €4,009
- Depreciation -€11,710
down €11,710 (-4.6%), from €256,518 to €244,808
- Other operating charges +€2,782
up €2,782 (+27.5%), from €10,126 to €12,908
- Taxes +€951
up €951 (+63.8%), from €1,491 to €2,442
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 | €3,351,944 | €3,093,528 | -€258,416 | -7.7% |
| Fixed assets | 21/28 | €3,237,925 | €2,996,915 | -€241,010 | -7.4% |
| Tangible fixed assets | 22/27 | €3,236,477 | €2,992,666 | -€243,810 | -7.5% |
| Land and buildings | 22 | €3,204,725 | €2,971,943 | -€232,782 | -7.3% |
| Plant, machinery and equipment | 23 | €18,041 | €17,086 | -€954 | -5.3% |
| Furniture and vehicles | 24 | €13,711 | €3,637 | -€10,074 | -73.5% |
| Financial fixed assets | 28 | €1,449 | €4,249 | +€2,800 | +193% |
| Current assets | 29/58 | €114,019 | €96,613 | -€17,406 | -15.3% |
| Amounts receivable within one year | 40/41 | €47,762 | €53,622 | +€5,860 | +12.3% |
| Trade receivables | 40 | €47,762 | €53,622 | +€5,860 | +12.3% |
| Cash at bank and in hand | 54/58 | €59,305 | €37,188 | -€22,117 | -37.3% |
| Deferred charges and accrued income | 490/1 | €6,952 | €5,803 | -€1,148 | -16.5% |
| Total equity and liabilities | 10/49 | €3,351,944 | €3,093,528 | -€258,416 | -7.7% |
| Equity | 10/15 | -€268,842 | -€520,939 | -€252,097 | -93.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €20,661 | €20,661 | = | 0.0% |
| Distributable reserves | 133 | €20,661 | €20,661 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€308,103 | -€560,200 | -€252,097 | -81.8% |
| Amounts payable | 17/49 | €3,620,786 | €3,614,468 | -€6,319 | -0.2% |
| Amounts payable after more than one year | 17 | €339,661 | €282,957 | -€56,704 | -16.7% |
| Financial debts | 170/4 | €339,661 | €282,957 | -€56,704 | -16.7% |
| Amounts payable within one year | 42/48 | €3,271,068 | €3,328,183 | +€57,116 | +1.7% |
| Current portion of amounts payable after more than one year | 42 | €56,664 | €56,704 | +€40 | +0.1% |
| Trade debts | 44 | €2,857 | €23,184 | +€20,327 | +711% |
| Suppliers | 440/4 | €2,857 | €23,184 | +€20,327 | +711% |
| Advances received on contracts in progress | 46 | - | €68 | +€68 | |
| Taxes, remuneration and social security | 45 | €12,380 | €9,942 | -€2,439 | -19.7% |
| Taxes | 450/3 | €12,380 | €9,942 | -€2,439 | -19.7% |
| Other amounts payable | 47/48 | €3,199,166 | €3,238,286 | +€39,120 | +1.2% |
| Accrued charges and deferred income | 492/3 | €10,058 | €3,327 | -€6,730 | -66.9% |
| Non-recurring operating income | 76A | €9,864 | €0 | -€9,864 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €256,518 | €244,808 | -€11,710 | -4.6% |
| Other operating charges | 640/8 | €10,126 | €12,908 | +€2,782 | +27.5% |
| Gross operating margin | 9900 | -€15,521 | €12,069 | +€27,590 | |
| Operating profit (loss) | 9901 | -€282,165 | -€245,647 | +€36,518 | +12.9% |
| Financial income | 75/76B | €777 | €1 | -€776 | -99.9% |
| Recurring financial income | 75 | €777 | €1 | -€776 | -99.9% |
| Financial charges | 65/66B | €25,225 | €4,009 | -€21,215 | -84.1% |
| Recurring financial charges | 65 | €25,225 | €4,009 | -€21,215 | -84.1% |
| Profit (loss) for the period before taxes | 9903 | -€306,612 | -€249,655 | +€56,957 | +18.6% |
| Income taxes | 67/77 | €1,491 | €2,442 | +€951 | +63.8% |
| Profit (loss) for the period | 9904 | -€308,103 | -€252,097 | +€56,006 | +18.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€308,103 | -€252,097 | +€56,006 | +18.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.