GESA-CARE: 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.
GESA-CARE
Largest movements
- Receivables within one year +€66,724
up €66,724 (+88.2%), from €75,679 to €142,404
of which Other amounts receivable: +€67,489
- Deferred charges and accrued income -€1,720
down €1,720 (-25.0%), from €6,880 to €5,160
- Reserves +€51,403
up €51,403 (+81.0%), from €63,474 to €114,878
- Tax, wage and social debts +€9,692
up €9,692 (+52.5%), from €18,452 to €28,144
- Trade debts +€2,389
up €2,389 (+102%), from €2,331 to €4,721
- Gross operating margin -€12,139
down €12,139 (-14.2%), from €85,513 to €73,373
- Financial charges +€3,355
up €3,355 (+257%), from €1,306 to €4,661
- Taxes -€2,760
down €2,760 (-15.0%), from €18,452 to €15,692
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €84,258 | €148,743 | +€64,485 | +76.5% |
| Fixed assets | 21/28 | €889 | €793 | -€96 | -10.8% |
| Tangible fixed assets | 22/27 | €889 | €793 | -€96 | -10.8% |
| Furniture and vehicles | 24 | €889 | €793 | -€96 | -10.8% |
| Current assets | 29/58 | €83,369 | €147,949 | +€64,580 | +77.5% |
| Amounts receivable within one year | 40/41 | €75,679 | €142,404 | +€66,724 | +88.2% |
| Trade receivables | 40 | €11,875 | €11,110 | -€765 | -6.4% |
| Other amounts receivable | 41 | €63,804 | €131,294 | +€67,489 | +106% |
| Cash at bank and in hand | 54/58 | €810 | €386 | -€424 | -52.4% |
| Deferred charges and accrued income | 490/1 | €6,880 | €5,160 | -€1,720 | -25.0% |
| Total equity and liabilities | 10/49 | €84,258 | €148,743 | +€64,485 | +76.5% |
| Equity | 10/15 | €63,474 | €115,878 | +€52,403 | +82.6% |
| Contributions | 10/11 | - | €1,000 | +€1,000 | |
| Reserves | 13 | €63,474 | €114,878 | +€51,403 | +81.0% |
| Distributable reserves | 133 | €63,474 | €114,878 | +€51,403 | +81.0% |
| Amounts payable | 17/49 | €20,783 | €32,865 | +€12,081 | +58.1% |
| Amounts payable within one year | 42/48 | €20,783 | €32,865 | +€12,081 | +58.1% |
| Trade debts | 44 | €2,331 | €4,721 | +€2,389 | +102% |
| Suppliers | 440/4 | €2,331 | €4,721 | +€2,389 | +102% |
| Taxes, remuneration and social security | 45 | €18,452 | €28,144 | +€9,692 | +52.5% |
| Taxes | 450/3 | €18,452 | €28,144 | +€9,692 | +52.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67 | €96 | +€29 | +42.6% |
| Other operating charges | 640/8 | €2,214 | €1,521 | -€693 | -31.3% |
| Gross operating margin | 9900 | €85,513 | €73,373 | -€12,139 | -14.2% |
| Operating profit (loss) | 9901 | €83,232 | €71,757 | -€11,475 | -13.8% |
| Financial charges | 65/66B | €1,306 | €4,661 | +€3,355 | +257% |
| Recurring financial charges | 65 | €1,306 | €4,661 | +€3,355 | +257% |
| Profit (loss) for the period before taxes | 9903 | €81,926 | €67,096 | -€14,831 | -18.1% |
| Income taxes | 67/77 | €18,452 | €15,692 | -€2,760 | -15.0% |
| Profit (loss) for the period | 9904 | €63,474 | €51,403 | -€12,071 | -19.0% |
| Profit (loss) for the period to be appropriated | 9905 | €63,474 | €51,403 | -€12,071 | -19.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.