Gento: 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.
What changed
Gento
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€131,750
2024 · €88,529+€43,221
Equity
€3.0m
2024 · -+€3.0m
Cash
€188,164
2024 · €189,583-€1,419
Balance sheet total
€3.6m
2024 · €3.5m+€91,797
Largest movements
Assets
- Current investments +€83,333
up €83,333 (+9.3%), from €900,000 to €983,333
Equity and liabilities
- Profit (loss) carried forward +€125,162
up €125,162 (+11.5%), from €1.1m to €1.2m
- Current portion of long-term debt -€45,000
no longer reported in 2025 (was €45,000)
Income statement
- Gross operating margin +€58,342
up €58,342 (+32.7%), from €178,523 to €236,865
- Turnover +€33,139
up €33,139 (+17.1%), from €193,699 to €226,838
- Taxes +€14,320
up €14,320 (+45.5%), from €31,456 to €45,776
- Purchases and services +€2,742
up €2,742 (+7.6%), from €36,266 to €39,008
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.
Result 2024
€88,529
Gross operating margin
+€58,342
Depreciation
-€2,284
Other operating charges
-€987
Financial income
+€1,452
Financial charges
+€1,018
Taxes
-€14,320
Result 2025
€131,750
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.
From operations
+€143,617
Investment
-€100,035
Financing
-€45,000
Cash 2024
€189,583
From operations (derived)
+€143,617
Net result for the year
+€131,750
Depreciation
+€26,888
Receivables within one year
-€14,057
Deferred charges and accrued income
-€6,012
Trade debts
+€9,626
Tax, wage and social debts
+€4,100
Other debts
-€4,473
Accrued charges and deferred income
-€4,206
Investment (derived)
-€100,035
Investment in fixed assets (net)
-€16,702
Current investments
-€83,333
Financing
-€45,000
Current portion of long-term debt
-€45,000
Contributions, distributions and other
-€0
Cash 2025
€188,164
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,473,872 | €3,565,669 | +€91,797 | +2.6% |
| Fixed assets | 21/28 | €2,338,153 | €2,327,967 | -€10,186 | -0.4% |
| Tangible fixed assets | 22/27 | €515,792 | €505,605 | -€10,187 | -2.0% |
| Land and buildings | 22 | €471,580 | €459,883 | -€11,697 | -2.5% |
| Plant, machinery and equipment | 23 | €10,498 | €8,070 | -€2,428 | -23.1% |
| Furniture and vehicles | 24 | €29,074 | €22,810 | -€6,264 | -21.5% |
| Other tangible fixed assets | 26 | €4,640 | €14,843 | +€10,203 | +219.9% |
| Financial fixed assets | 28 | €1,822,361 | €1,822,361 | +€0 | 0.0% |
| Current assets | 29/58 | €1,135,719 | €1,237,702 | +€101,983 | +9.0% |
| Amounts receivable within one year | 40/41 | €13,243 | €27,300 | +€14,057 | +106.1% |
| Trade receivables | 40 | €1,943 | €27,300 | +€25,357 | +1305.0% |
| Other amounts receivable | 41 | €11,300 | - | -€11,300 | |
| Current investments | 50/53 | €900,000 | €983,333 | +€83,333 | +9.3% |
| Cash at bank and in hand | 54/58 | €189,583 | €188,164 | -€1,419 | -0.7% |
| Deferred charges and accrued income | 490/1 | €32,893 | €38,905 | +€6,012 | +18.3% |
| Total equity and liabilities | 10/49 | €3,473,872 | €3,565,669 | +€91,797 | +2.6% |
| Equity | 10/15 | - | €3,023,931 | +€3.0m | |
| Contributions | 10/11 | €1,737,742 | €1,737,742 | -€0 | 0.0% |
| Capital | 10 | €1,688,155 | €1,688,155 | -€0 | 0.0% |
| Issued capital | 100 | €1,688,155 | €1,688,155 | -€0 | 0.0% |
| Contributions outside capital | 11 | €49,587 | €49,587 | -€0 | 0.0% |
| Share premium | 1100/10 | €49,587 | €49,587 | -€0 | 0.0% |
| Reserves | 13 | €70,177 | €76,765 | +€6,588 | +9.4% |
| Non-distributable reserves | 130/1 | €70,177 | €76,765 | +€6,588 | +9.4% |
| Legal reserve | 130 | €70,177 | €76,765 | +€6,588 | +9.4% |
| Profit (loss) carried forward | 14 | €1,084,262 | €1,209,424 | +€125,162 | +11.5% |
| Amounts payable | 17/49 | €581,691 | €541,738 | -€39,953 | -6.9% |
| Amounts payable after more than one year | 17 | €500,000 | €500,000 | = | 0.0% |
| Financial debts | 170/4 | €500,000 | €500,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €75,361 | €39,614 | -€35,747 | -47.4% |
| Current portion of amounts payable after more than one year | 42 | €45,000 | - | -€45,000 | |
| Trade debts | 44 | €4,438 | €14,064 | +€9,626 | +216.9% |
| Suppliers | 440/4 | €4,438 | €14,064 | +€9,626 | +216.9% |
| Taxes, remuneration and social security | 45 | €21,450 | €25,550 | +€4,100 | +19.1% |
| Taxes | 450/3 | €21,450 | €25,550 | +€4,100 | +19.1% |
| Other amounts payable | 47/48 | €4,473 | - | -€4,473 | |
| Accrued charges and deferred income | 492/3 | €6,330 | €2,124 | -€4,206 | -66.4% |
| Turnover | 70 | €193,699 | €226,838 | +€33,139 | +17.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €36,266 | €39,008 | +€2,742 | +7.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,604 | €26,888 | +€2,284 | +9.3% |
| Other operating charges | 640/8 | €29,981 | €30,968 | +€987 | +3.3% |
| Gross operating margin | 9900 | €178,523 | €236,865 | +€58,342 | +32.7% |
| Operating profit (loss) | 9901 | €123,938 | €179,008 | +€55,070 | +44.4% |
| Financial income | 75/76B | €29,744 | €31,196 | +€1,452 | +4.9% |
| Recurring financial income | 75 | €29,744 | €31,196 | +€1,452 | +4.9% |
| Financial charges | 65/66B | €33,697 | €32,679 | -€1,018 | -3.0% |
| Recurring financial charges | 65 | €33,697 | €32,679 | -€1,018 | -3.0% |
| Profit (loss) for the period before taxes | 9903 | €119,985 | €177,526 | +€57,541 | +48.0% |
| Income taxes | 67/77 | €31,456 | €45,776 | +€14,320 | +45.5% |
| Profit (loss) for the period | 9904 | €88,529 | €131,750 | +€43,221 | +48.8% |
| Profit (loss) for the period to be appropriated | 9905 | €88,529 | €131,750 | +€43,221 | +48.8% |
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 10 October 2026 via checked.be.