GESCO 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.
GESCO 2000
Largest movements
- Tangible fixed assets +€58,503
up €58,503, from €0 to €58,503
- Cash +€6,520
up €6,520 (+28.1%), from €23,242 to €29,762
mainly Debts after one year (+€31,630) and Net result for the year (+€22,900)
- Receivables within one year +€3,918
up €3,918 (+23.9%), from €16,386 to €20,304
of which Other amounts receivable: +€3,107
- Receivables after one year -€3,099
down €3,099 (-9.0%), from €34,330 to €31,232
- Debts after one year +€31,630
up €31,630, from €0 to €31,630
- Reserves +€22,800
up €22,800 (+52.6%), from €43,360 to €66,160
of which Distributable reserves: +€22,800
- Current portion of long-term debt +€6,559
up €6,559 (+331.5%), from €1,978 to €8,537
- Trade debts +€2,618
up €2,618 (+71.5%), from €3,659 to €6,276
- Tax, wage and social debts +€2,010
up €2,010 (+46.2%), from €4,347 to €6,356
of which Taxes: +€2,010
- Gross operating margin +€21,250
up €21,250 (+86.9%), from €24,459 to €45,708
- Other operating charges +€5,488
up €5,488 (+630.5%), from €870 to €6,358
- Depreciation -€3,585
down €3,585 (-30.9%), from €11,598 to €8,013
- Taxes +€3,193
up €3,193 (+54.8%), from €5,822 to €9,014
- Financial charges +€1,016
up €1,016 (+499.4%), from €203 to €1,220
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 | €74,969 | €140,704 | +€65,735 | +87.7% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €0 | €58,503 | +€58,503 | |
| Tangible fixed assets | 22/27 | €0 | €58,503 | +€58,503 | |
| Furniture and vehicles | 24 | €0 | €58,503 | +€58,503 | |
| Current assets | 29/58 | €74,969 | €82,201 | +€7,232 | +9.6% |
| Amounts receivable after more than one year | 29 | €34,330 | €31,232 | -€3,099 | -9.0% |
| Other amounts receivable | 291 | €34,330 | €31,232 | -€3,099 | -9.0% |
| Amounts receivable within one year | 40/41 | €16,386 | €20,304 | +€3,918 | +23.9% |
| Trade receivables | 40 | €13,021 | €13,832 | +€811 | +6.2% |
| Other amounts receivable | 41 | €3,365 | €6,472 | +€3,107 | +92.3% |
| Cash at bank and in hand | 54/58 | €23,242 | €29,762 | +€6,520 | +28.1% |
| Deferred charges and accrued income | 490/1 | €1,010 | €903 | -€108 | -10.7% |
| Total equity and liabilities | 10/49 | €74,969 | €140,704 | +€65,735 | +87.7% |
| Equity | 10/15 | €64,985 | €87,885 | +€22,900 | +35.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €43,360 | €66,160 | +€22,800 | +52.6% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €43,360 | €66,160 | +€22,800 | +52.6% |
| Profit (loss) carried forward | 14 | €3,025 | €3,125 | +€100 | +3.3% |
| Amounts payable | 17/49 | €9,983 | €52,819 | +€42,836 | +429.1% |
| Amounts payable after more than one year | 17 | €0 | €31,630 | +€31,630 | |
| Financial debts | 170/4 | €0 | €31,630 | +€31,630 | |
| Amounts payable within one year | 42/48 | €9,983 | €21,190 | +€11,206 | +112.2% |
| Current portion of amounts payable after more than one year | 42 | €1,978 | €8,537 | +€6,559 | +331.5% |
| Trade debts | 44 | €3,659 | €6,276 | +€2,618 | +71.5% |
| Suppliers | 440/4 | €3,659 | €6,276 | +€2,618 | +71.5% |
| Taxes, remuneration and social security | 45 | €4,347 | €6,356 | +€2,010 | +46.2% |
| Taxes | 450/3 | €4,347 | €6,356 | +€2,010 | +46.2% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €0 | €20 | +€20 | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,598 | €8,013 | -€3,585 | -30.9% |
| Other operating charges | 640/8 | €870 | €6,358 | +€5,488 | +630.5% |
| Gross operating margin | 9900 | €24,459 | €45,708 | +€21,250 | +86.9% |
| Operating profit (loss) | 9901 | €11,990 | €31,337 | +€19,346 | +161.3% |
| Financial income | 75/76B | €1,940 | €1,797 | -€143 | -7.4% |
| Recurring financial income | 75 | €1,940 | €1,797 | -€143 | -7.4% |
| Financial charges | 65/66B | €203 | €1,220 | +€1,016 | +499.4% |
| Recurring financial charges | 65 | €203 | €1,220 | +€1,016 | +499.4% |
| Profit (loss) for the period before taxes | 9903 | €13,727 | €31,914 | +€18,187 | +132.5% |
| Income taxes | 67/77 | €5,822 | €9,014 | +€3,193 | +54.8% |
| Profit (loss) for the period | 9904 | €7,906 | €22,900 | +€14,994 | +189.7% |
| Profit (loss) for the period to be appropriated | 9905 | €7,906 | €22,900 | +€14,994 | +189.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.