GESCAB: 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.
GESCAB
Largest movements
- Cash +€76,890
up €76,890 (+38.3%), from €200,548 to €277,438
mainly Net result for the year (+€86,025) and Depreciation (+€24,670)
- Receivables within one year +€9,099
up €9,099 (+12.1%), from €75,320 to €84,419
of which Other amounts receivable: +€7,059
- Tangible fixed assets -€8,798
down €8,798 (-3.2%), from €272,846 to €264,048
of which Furniture and vehicles: -€5,872
- Reserves +€50,000
up €50,000 (+47.6%), from €105,000 to €155,000
- Profit (loss) carried forward +€36,025
up €36,025 (+17.1%), from €210,096 to €246,121
- Accrued charges and deferred income -€21,517
down €21,517 (-62.1%), from €34,634 to €13,117
- Tax, wage and social debts +€19,226
up €19,226 (+188.1%), from €10,219 to €29,445
of which Taxes: +€19,162
- Debts after one year -€15,457
down €15,457 (-8.5%), from €182,768 to €167,311
- Taxes +€19,640
up €19,640 (+70.1%), from €27,998 to €47,638
- Gross operating margin +€8,733
up €8,733 (+5.4%), from €161,394 to €170,127
- Other operating charges +€3,952
up €3,952 (+91.3%), from €4,327 to €8,279
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.
Cash bridge derived
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 | €566,394 | €641,085 | +€74,691 | +13.2% |
| Fixed assets | 21/28 | €273,026 | €264,228 | -€8,798 | -3.2% |
| Tangible fixed assets | 22/27 | €272,846 | €264,048 | -€8,798 | -3.2% |
| Land and buildings | 22 | €245,847 | €242,921 | -€2,926 | -1.2% |
| Furniture and vehicles | 24 | €26,999 | €21,127 | -€5,872 | -21.7% |
| Financial fixed assets | 28 | €180 | €180 | = | 0.0% |
| Current assets | 29/58 | €293,368 | €376,857 | +€83,489 | +28.5% |
| Stocks and contracts in progress | 3 | €17,500 | €15,000 | -€2,500 | -14.3% |
| Stocks | 30/36 | €17,500 | €15,000 | -€2,500 | -14.3% |
| Amounts receivable within one year | 40/41 | €75,320 | €84,419 | +€9,099 | +12.1% |
| Trade receivables | 40 | €75,320 | €77,360 | +€2,040 | +2.7% |
| Other amounts receivable | 41 | - | €7,059 | +€7,059 | |
| Cash at bank and in hand | 54/58 | €200,548 | €277,438 | +€76,890 | +38.3% |
| Total equity and liabilities | 10/49 | €566,394 | €641,085 | +€74,691 | +13.2% |
| Equity | 10/15 | €323,156 | €409,181 | +€86,025 | +26.6% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €105,000 | €155,000 | +€50,000 | +47.6% |
| Distributable reserves | 133 | €105,000 | €155,000 | +€50,000 | +47.6% |
| Profit (loss) carried forward | 14 | €210,096 | €246,121 | +€36,025 | +17.1% |
| Amounts payable | 17/49 | €243,238 | €231,904 | -€11,334 | -4.7% |
| Amounts payable after more than one year | 17 | €182,768 | €167,311 | -€15,457 | -8.5% |
| Financial debts | 170/4 | €182,768 | €167,311 | -€15,457 | -8.5% |
| Amounts payable within one year | 42/48 | €25,836 | €51,476 | +€25,640 | +99.2% |
| Current portion of amounts payable after more than one year | 42 | €15,566 | €15,851 | +€285 | +1.8% |
| Trade debts | 44 | €51 | €6,180 | +€6,129 | +12017.6% |
| Suppliers | 440/4 | €51 | €6,180 | +€6,129 | +12017.6% |
| Taxes, remuneration and social security | 45 | €10,219 | €29,445 | +€19,226 | +188.1% |
| Taxes | 450/3 | €7,639 | €26,801 | +€19,162 | +250.8% |
| Remuneration and social security | 454/9 | €2,580 | €2,644 | +€64 | +2.5% |
| Accrued charges and deferred income | 492/3 | €34,634 | €13,117 | -€21,517 | -62.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,281 | €24,670 | +€1,389 | +6.0% |
| Other operating charges | 640/8 | €4,327 | €8,279 | +€3,952 | +91.3% |
| Gross operating margin | 9900 | €161,394 | €170,127 | +€8,733 | +5.4% |
| Operating profit (loss) | 9901 | €133,786 | €137,178 | +€3,392 | +2.5% |
| Financial income | 75/76B | €10 | €7 | -€3 | -30.0% |
| Recurring financial income | 75 | €10 | €7 | -€3 | -30.0% |
| Financial charges | 65/66B | €3,802 | €3,522 | -€280 | -7.4% |
| Recurring financial charges | 65 | €3,802 | €3,522 | -€280 | -7.4% |
| Profit (loss) for the period before taxes | 9903 | €129,994 | €133,663 | +€3,669 | +2.8% |
| Income taxes | 67/77 | €27,998 | €47,638 | +€19,640 | +70.1% |
| Profit (loss) for the period | 9904 | €101,996 | €86,025 | -€15,971 | -15.7% |
| Profit (loss) for the period to be appropriated | 9905 | €101,996 | €86,025 | -€15,971 | -15.7% |
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 12 October 2026 via checked.be.