Ges Invest Projects: 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.
Ges Invest Projects
Largest movements
- Cash +€588,147
up €588,147 (+1,581%), from €37,208 to €625,356
mainly Short-term financial debts (+€718,751) and Current investments (+€400,000)
- Current investments -€400,000
no longer reported in 2025 (was €400,000)
- Stocks and contracts +€253,071
up €253,071 (+76.7%), from €330,049 to €583,119
- Receivables within one year +€180,488
up €180,488 (+682%), from €26,469 to €206,957
of which Other amounts receivable: +€180,320
- Short-term financial debts +€718,751
new in 2025: €718,751
- Other debts -€154,654
no longer reported in 2025 (was €154,654)
- Tax, wage and social debts +€35,203
up €35,203 (+3,264%), from €1,079 to €36,282
- Trade debts +€31,314
up €31,314 (+813%), from €3,850 to €35,164
- Gross operating margin -€49,078
down €49,078 (-94.3%), from €52,041 to €2,963
- Other operating charges -€7,832
down €7,832 (-86.1%), from €9,101 to €1,269
- Taxes -€7,423
down €7,423 (-58.2%), from €12,760 to €5,338
- Financial income -€6,284
down €6,284 (-64.8%), from €9,693 to €3,409
- Financial charges -€1,182
down €1,182 (-12.0%), from €9,855 to €8,673
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 | €859,976 | €1,481,682 | +€621,706 | +72.3% |
| Fixed assets | 21/28 | €16,250 | €16,250 | = | 0.0% |
| Financial fixed assets | 28 | €16,250 | €16,250 | = | 0.0% |
| Current assets | 29/58 | €843,726 | €1,465,432 | +€621,706 | +73.7% |
| Amounts receivable after more than one year | 29 | €50,000 | €50,000 | = | 0.0% |
| Trade receivables | 290 | €50,000 | €50,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €330,049 | €583,119 | +€253,071 | +76.7% |
| Stocks | 30/36 | €330,049 | €583,119 | +€253,071 | +76.7% |
| Amounts receivable within one year | 40/41 | €26,469 | €206,957 | +€180,488 | +682% |
| Trade receivables | 40 | €800 | €968 | +€168 | +21.1% |
| Other amounts receivable | 41 | €25,669 | €205,989 | +€180,320 | +702% |
| Current investments | 50/53 | €400,000 | - | -€400,000 | |
| Cash at bank and in hand | 54/58 | €37,208 | €625,356 | +€588,147 | +1,581% |
| Total equity and liabilities | 10/49 | €859,976 | €1,481,682 | +€621,706 | +72.3% |
| Equity | 10/15 | €700,393 | €691,485 | -€8,908 | -1.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €681,793 | €672,885 | -€8,908 | -1.3% |
| Amounts payable | 17/49 | €159,583 | €790,197 | +€630,614 | +395% |
| Amounts payable within one year | 42/48 | €159,583 | €790,197 | +€630,614 | +395% |
| Financial debts | 43 | - | €718,751 | +€718,751 | |
| Credit institutions | 430/8 | - | €718,751 | +€718,751 | |
| Trade debts | 44 | €3,850 | €35,164 | +€31,314 | +813% |
| Suppliers | 440/4 | €3,850 | €35,164 | +€31,314 | +813% |
| Taxes, remuneration and social security | 45 | €1,079 | €36,282 | +€35,203 | +3,264% |
| Taxes | 450/3 | €1,079 | €36,282 | +€35,203 | +3,264% |
| Other amounts payable | 47/48 | €154,654 | - | -€154,654 | |
| Other operating charges | 640/8 | €9,101 | €1,269 | -€7,832 | -86.1% |
| Gross operating margin | 9900 | €52,041 | €2,963 | -€49,078 | -94.3% |
| Operating profit (loss) | 9901 | €42,940 | €1,694 | -€41,247 | -96.1% |
| Financial income | 75/76B | €9,693 | €3,409 | -€6,284 | -64.8% |
| Recurring financial income | 75 | €9,693 | €3,409 | -€6,284 | -64.8% |
| Financial charges | 65/66B | €9,855 | €8,673 | -€1,182 | -12.0% |
| Recurring financial charges | 65 | €9,855 | €8,673 | -€1,182 | -12.0% |
| Profit (loss) for the period before taxes | 9903 | €42,778 | -€3,571 | -€46,349 | |
| Income taxes | 67/77 | €12,760 | €5,338 | -€7,423 | -58.2% |
| Profit (loss) for the period | 9904 | €30,018 | -€8,908 | -€38,926 | |
| Profit (loss) for the period to be appropriated | 9905 | €30,018 | -€8,908 | -€38,926 |
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 28 October 2026 via checked.be.