GESCOFI RB: 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.
GESCOFI RB
Largest movements
- Receivables within one year +€55,355
up €55,355 (+115%), from €48,206 to €103,562
of which Trade receivables: +€54,558
- Cash +€11,026
up €11,026 (+17.8%), from €62,071 to €73,097
mainly Net result for the year (+€38,491) and Trade debts (+€25,028)
- Tangible fixed assets +€1,891
up €1,891 (+65.9%), from €2,872 to €4,763
- Trade debts +€25,028
up €25,028 (+4,952%), from €505 to €25,533
- Other debts +€22,255
up €22,255 (+1,703%), from €1,307 to €23,562
- Tax, wage and social debts +€13,644
up €13,644 (+56.5%), from €24,160 to €37,804
of which Taxes: +€15,374
- Profit (loss) carried forward +€7,241
up €7,241 (+8.5%), from €84,706 to €91,947
- Gross operating margin +€45,941
up €45,941 (+384%), from €11,956 to €57,897
- Taxes +€9,811
up €9,811 (+467%), from €2,099 to €11,910
- Other operating charges +€2,707
up €2,707 (+405%), from €668 to €3,375
- Financial charges +€1,640
up €1,640 (+203%), from €810 to €2,450
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 | €113,679 | €181,846 | +€68,168 | +60.0% |
| Fixed assets | 21/28 | €3,197 | €5,088 | +€1,891 | +59.2% |
| Tangible fixed assets | 22/27 | €2,872 | €4,763 | +€1,891 | +65.9% |
| Furniture and vehicles | 24 | €2,872 | €4,763 | +€1,891 | +65.9% |
| Financial fixed assets | 28 | €325 | €325 | = | 0.0% |
| Current assets | 29/58 | €110,482 | €176,758 | +€66,276 | +60.0% |
| Amounts receivable within one year | 40/41 | €48,206 | €103,562 | +€55,355 | +115% |
| Trade receivables | 40 | €47,655 | €102,213 | +€54,558 | +114% |
| Other amounts receivable | 41 | €552 | €1,349 | +€797 | +145% |
| Cash at bank and in hand | 54/58 | €62,071 | €73,097 | +€11,026 | +17.8% |
| Deferred charges and accrued income | 490/1 | €205 | €100 | -€105 | -51.1% |
| Total equity and liabilities | 10/49 | €113,679 | €181,846 | +€68,168 | +60.0% |
| Equity | 10/15 | €87,706 | €94,947 | +€7,241 | +8.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €84,706 | €91,947 | +€7,241 | +8.5% |
| Amounts payable | 17/49 | €25,972 | €86,899 | +€60,926 | +235% |
| Amounts payable within one year | 42/48 | €25,972 | €86,899 | +€60,926 | +235% |
| Trade debts | 44 | €505 | €25,533 | +€25,028 | +4,952% |
| Suppliers | 440/4 | €505 | €25,533 | +€25,028 | +4,952% |
| Taxes, remuneration and social security | 45 | €24,160 | €37,804 | +€13,644 | +56.5% |
| Taxes | 450/3 | €19,160 | €34,534 | +€15,374 | +80.2% |
| Remuneration and social security | 454/9 | €5,000 | €3,270 | -€1,730 | -34.6% |
| Other amounts payable | 47/48 | €1,307 | €23,562 | +€22,255 | +1,703% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,732 | €2,219 | +€487 | +28.1% |
| Other operating charges | 640/8 | €668 | €3,375 | +€2,707 | +405% |
| Gross operating margin | 9900 | €11,956 | €57,897 | +€45,941 | +384% |
| Operating profit (loss) | 9901 | €9,555 | €52,302 | +€42,747 | +447% |
| Financial income | 75/76B | €39 | €549 | +€510 | +1,310% |
| Recurring financial income | 75 | €39 | €549 | +€510 | +1,310% |
| Financial charges | 65/66B | €810 | €2,450 | +€1,640 | +203% |
| Recurring financial charges | 65 | €810 | €2,450 | +€1,640 | +203% |
| Profit (loss) for the period before taxes | 9903 | €8,785 | €50,401 | +€41,616 | +474% |
| Income taxes | 67/77 | €2,099 | €11,910 | +€9,811 | +467% |
| Profit (loss) for the period | 9904 | €6,686 | €38,491 | +€31,806 | +476% |
| Profit (loss) for the period to be appropriated | 9905 | €6,686 | €38,491 | +€31,806 | +476% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.