GESB Belgique: what changed
GESB Belgique
Largest movements
- Cash +€1,995
up €1,995 (+49.9%), from €4,001 to €5,996
mainly Trade debts (+€1,519) and Other debts (+€934)
- Receivables within one year +€1,464
up €1,464 (+199%), from €737 to €2,201
of which Trade receivables: +€2,000
- Trade debts +€1,519
new in 2025: €1,519
- Other debts +€934
up €934 (+30.7%), from €3,047 to €3,981
- Profit (loss) carried forward +€741
up €741, from -€415 to €325
- Tax, wage and social debts +€265
up €265 (+249%), from €107 to €372
- Gross operating margin +€1,637
up €1,637, from -€233 to €1,404
- Taxes +€265
up €265 (+249%), from €107 to €372
- Financial charges +€216
up €216 (+284%), from €76 to €292
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 | €4,738 | €8,197 | +€3,459 | +73.0% |
| Current assets | 29/58 | €4,738 | €8,197 | +€3,459 | +73.0% |
| Amounts receivable within one year | 40/41 | €737 | €2,201 | +€1,464 | +199% |
| Trade receivables | 40 | - | €2,000 | +€2,000 | |
| Other amounts receivable | 41 | €737 | €201 | -€536 | -72.8% |
| Cash at bank and in hand | 54/58 | €4,001 | €5,996 | +€1,995 | +49.9% |
| Total equity and liabilities | 10/49 | €4,738 | €8,197 | +€3,459 | +73.0% |
| Equity | 10/15 | €1,585 | €2,325 | +€741 | +46.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€415 | €325 | +€741 | |
| Amounts payable | 17/49 | €3,153 | €5,871 | +€2,718 | +86.2% |
| Amounts payable within one year | 42/48 | €3,153 | €5,871 | +€2,718 | +86.2% |
| Trade debts | 44 | - | €1,519 | +€1,519 | |
| Suppliers | 440/4 | - | €1,519 | +€1,519 | |
| Taxes, remuneration and social security | 45 | €107 | €372 | +€265 | +249% |
| Taxes | 450/3 | €107 | €372 | +€265 | +249% |
| Other amounts payable | 47/48 | €3,047 | €3,981 | +€934 | +30.7% |
| Gross operating margin | 9900 | -€233 | €1,404 | +€1,637 | |
| Operating profit (loss) | 9901 | -€233 | €1,404 | +€1,637 | |
| Financial charges | 65/66B | €76 | €292 | +€216 | +284% |
| Recurring financial charges | 65 | €76 | €292 | +€216 | +284% |
| Profit (loss) for the period before taxes | 9903 | -€309 | €1,112 | +€1,421 | |
| Income taxes | 67/77 | €107 | €372 | +€265 | +249% |
| Profit (loss) for the period | 9904 | -€415 | €741 | +€1,156 | |
| Profit (loss) for the period to be appropriated | 9905 | -€415 | €741 | +€1,156 |
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 5 November 2026 via checked.be.