GES 2000: 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.
GES 2000
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Profit (loss) carried forward +€61,966
up €61,966 (+16.1%), from €385,340 to €447,306
- Debts after one year -€36,773
down €36,773 (-31.7%), from €115,938 to €79,164
- Other debts -€28,200
down €28,200 (-30.0%), from €94,000 to €65,800
- Financial income +€94,278
up €94,278 (+271.4%), from €34,734 to €129,011
- Financial charges -€754
down €754 (-20.3%), from €3,707 to €2,953
- Gross operating margin -€344
down €344 (-4.7%), from €7,328 to €6,983
- Taxes +€89
up €89 (+9.0%), from €986 to €1,076
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 | €686,707 | €682,761 | -€3,946 | -0.6% |
| Fixed assets | 21/28 | €654,702 | €654,702 | = | 0.0% |
| Financial fixed assets | 28 | €654,702 | €654,702 | = | 0.0% |
| Current assets | 29/58 | €32,005 | €28,059 | -€3,946 | -12.3% |
| Cash at bank and in hand | 54/58 | €32,005 | €28,059 | -€3,946 | -12.3% |
| Total equity and liabilities | 10/49 | €686,707 | €682,761 | -€3,946 | -0.6% |
| Equity | 10/15 | €433,782 | €495,748 | +€61,966 | +14.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €29,842 | €29,842 | = | 0.0% |
| Distributable reserves | 133 | €29,842 | €29,842 | = | 0.0% |
| Profit (loss) carried forward | 14 | €385,340 | €447,306 | +€61,966 | +16.1% |
| Amounts payable | 17/49 | €252,925 | €187,013 | -€65,912 | -26.1% |
| Amounts payable after more than one year | 17 | €115,938 | €79,164 | -€36,773 | -31.7% |
| Financial debts | 170/4 | €115,938 | €79,164 | -€36,773 | -31.7% |
| Amounts payable within one year | 42/48 | €136,988 | €107,849 | -€29,139 | -21.3% |
| Current portion of amounts payable after more than one year | 42 | €36,001 | €36,773 | +€772 | +2.1% |
| Taxes, remuneration and social security | 45 | €6,986 | €5,276 | -€1,711 | -24.5% |
| Taxes | 450/3 | €6,986 | €5,276 | -€1,711 | -24.5% |
| Other amounts payable | 47/48 | €94,000 | €65,800 | -€28,200 | -30.0% |
| Gross operating margin | 9900 | €7,328 | €6,983 | -€344 | -4.7% |
| Operating profit (loss) | 9901 | €7,328 | €6,983 | -€344 | -4.7% |
| Financial income | 75/76B | €34,734 | €129,011 | +€94,278 | +271.4% |
| Recurring financial income | 75 | €34,734 | €129,011 | +€94,278 | +271.4% |
| Financial charges | 65/66B | €3,707 | €2,953 | -€754 | -20.3% |
| Recurring financial charges | 65 | €3,707 | €2,953 | -€754 | -20.3% |
| Profit (loss) for the period before taxes | 9903 | €38,354 | €133,042 | +€94,688 | +246.9% |
| Income taxes | 67/77 | €986 | €1,076 | +€89 | +9.0% |
| Profit (loss) for the period | 9904 | €37,367 | €131,966 | +€94,599 | +253.2% |
| Profit (loss) for the period to be appropriated | 9905 | €37,367 | €131,966 | +€94,599 | +253.2% |
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 28 September 2026 via checked.be.