GERT DE BIE: what changed
GERT DE BIE
Largest movements
- Receivables within one year +€14,983
up €14,983 (+321%), from €4,664 to €19,647
of which Trade receivables: +€10,922
- Cash +€4,950
up €4,950 (+9.7%), from €51,214 to €56,164
mainly Net result for the year (+€14,828) and Tax, wage and social debts (+€11,149)
- Reserves +€14,828
up €14,828 (+30.2%), from €49,128 to €63,956
of which Distributable reserves: +€14,828
- Tax, wage and social debts +€11,149
up €11,149 (+185%), from €6,032 to €17,182
of which Taxes: +€9,504
- Trade debts -€4,330
down €4,330 (-14.5%), from €29,926 to €25,596
- Gross operating margin +€11,249
up €11,249 (+64.2%), from €17,526 to €28,775
- Staff costs -€7,750
down €7,750 (-55.8%), from €13,896 to €6,146
- Taxes +€6,074
new in 2025: €6,074
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €106,337 | €127,984 | +€21,648 | +20.4% |
| Fixed assets | 21/28 | €5,529 | €6,640 | +€1,111 | +20.1% |
| Tangible fixed assets | 22/27 | €2,229 | €3,340 | +€1,111 | +49.9% |
| Plant, machinery and equipment | 23 | - | €573 | +€573 | |
| Furniture and vehicles | 24 | €2,229 | €2,767 | +€538 | +24.1% |
| Financial fixed assets | 28 | €3,300 | €3,300 | = | 0.0% |
| Current assets | 29/58 | €100,808 | €121,344 | +€20,536 | +20.4% |
| Stocks and contracts in progress | 3 | €44,798 | €45,534 | +€736 | +1.6% |
| Stocks | 30/36 | €44,798 | €45,534 | +€736 | +1.6% |
| Amounts receivable within one year | 40/41 | €4,664 | €19,647 | +€14,983 | +321% |
| Trade receivables | 40 | €4,125 | €15,047 | +€10,922 | +265% |
| Other amounts receivable | 41 | €539 | €4,600 | +€4,061 | +753% |
| Cash at bank and in hand | 54/58 | €51,214 | €56,164 | +€4,950 | +9.7% |
| Deferred charges and accrued income | 490/1 | €133 | - | -€133 | |
| Total equity and liabilities | 10/49 | €106,337 | €127,984 | +€21,648 | +20.4% |
| Equity | 10/15 | €70,379 | €85,207 | +€14,828 | +21.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €49,128 | €63,956 | +€14,828 | +30.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €47,268 | €62,096 | +€14,828 | +31.4% |
| Profit (loss) carried forward | 14 | €8,850 | €8,850 | = | 0.0% |
| Amounts payable | 17/49 | €35,958 | €42,777 | +€6,819 | +19.0% |
| Amounts payable within one year | 42/48 | €35,958 | €42,777 | +€6,819 | +19.0% |
| Trade debts | 44 | €29,926 | €25,596 | -€4,330 | -14.5% |
| Suppliers | 440/4 | €29,926 | €25,596 | -€4,330 | -14.5% |
| Taxes, remuneration and social security | 45 | €6,032 | €17,182 | +€11,149 | +185% |
| Taxes | 450/3 | €5,092 | €14,596 | +€9,504 | +187% |
| Remuneration and social security | 454/9 | €940 | €2,586 | +€1,646 | +175% |
| Remuneration, social security and pensions | 62 | €13,896 | €6,146 | -€7,750 | -55.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €673 | €868 | +€195 | +29.0% |
| Other operating charges | 640/8 | €672 | €811 | +€138 | +20.6% |
| Gross operating margin | 9900 | €17,526 | €28,775 | +€11,249 | +64.2% |
| Operating profit (loss) | 9901 | €2,284 | €20,950 | +€18,666 | +817% |
| Financial income | 75/76B | €1 | €0 | -€1 | -95.8% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -95.8% |
| Financial charges | 65/66B | €2 | €48 | +€45 | +1,926% |
| Recurring financial charges | 65 | €2 | €48 | +€45 | +1,926% |
| Profit (loss) for the period before taxes | 9903 | €2,283 | €20,902 | +€18,620 | +816% |
| Income taxes | 67/77 | - | €6,074 | +€6,074 | |
| Profit (loss) for the period | 9904 | €2,283 | €14,828 | +€12,546 | +550% |
| Profit (loss) for the period to be appropriated | 9905 | €2,283 | €14,828 | +€12,546 | +550% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.