GESCOFINEL: 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.
GESCOFINEL
Largest movements
- Tangible fixed assets -€35,863
down €35,863 (-5.6%), from €636,739 to €600,877
of which Land and buildings: -€35,710
- Receivables within one year +€11,714
up €11,714 (+4,184%), from €280 to €11,994
of which Other amounts receivable: +€8,216
- Other debts -€16,646
down €16,646 (-9.7%), from €172,285 to €155,639
- Profit (loss) carried forward -€15,740
down €15,740 (-13.4%), from -€117,510 to -€133,250
- Gross operating margin +€6,133
up €6,133 (+17.8%), from €34,506 to €40,639
- Depreciation +€1,013
up €1,013 (+2.4%), from €42,397 to €43,410
- Other operating charges +€534
up €534 (+10.1%), from €5,284 to €5,818
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 | €677,738 | €651,953 | -€25,784 | -3.8% |
| Fixed assets | 21/28 | €636,739 | €600,877 | -€35,863 | -5.6% |
| Tangible fixed assets | 22/27 | €636,739 | €600,877 | -€35,863 | -5.6% |
| Land and buildings | 22 | €636,184 | €600,474 | -€35,710 | -5.6% |
| Plant, machinery and equipment | 23 | €515 | €403 | -€112 | -21.7% |
| Furniture and vehicles | 24 | €41 | - | -€41 | |
| Current assets | 29/58 | €40,998 | €51,076 | +€10,078 | +24.6% |
| Amounts receivable within one year | 40/41 | €280 | €11,994 | +€11,714 | +4,184% |
| Trade receivables | 40 | €280 | €3,778 | +€3,498 | +1,250% |
| Other amounts receivable | 41 | - | €8,216 | +€8,216 | |
| Current investments | 50/53 | €809 | €809 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €36,107 | €34,680 | -€1,427 | -4.0% |
| Deferred charges and accrued income | 490/1 | €3,802 | €3,594 | -€208 | -5.5% |
| Total equity and liabilities | 10/49 | €677,738 | €651,953 | -€25,784 | -3.8% |
| Equity | 10/15 | €135,043 | €119,304 | -€15,740 | -11.7% |
| Contributions | 10/11 | €249,579 | €249,579 | = | 0.0% |
| Capital | 10 | €249,579 | €249,579 | = | 0.0% |
| Issued capital | 100 | €249,579 | €249,579 | = | 0.0% |
| Reserves | 13 | €2,975 | €2,975 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,975 | €2,975 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€117,510 | -€133,250 | -€15,740 | -13.4% |
| Amounts payable | 17/49 | €542,694 | €532,649 | -€10,045 | -1.9% |
| Amounts payable after more than one year | 17 | €345,405 | €350,486 | +€5,081 | +1.5% |
| Financial debts | 170/4 | €345,405 | €350,486 | +€5,081 | +1.5% |
| Amounts payable within one year | 42/48 | €196,914 | €179,498 | -€17,416 | -8.8% |
| Current portion of amounts payable after more than one year | 42 | €6,894 | €9,783 | +€2,890 | +41.9% |
| Trade debts | 44 | €17,736 | €14,076 | -€3,660 | -20.6% |
| Suppliers | 440/4 | €17,736 | €14,076 | -€3,660 | -20.6% |
| Other amounts payable | 47/48 | €172,285 | €155,639 | -€16,646 | -9.7% |
| Accrued charges and deferred income | 492/3 | €374 | €2,665 | +€2,290 | +612% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,397 | €43,410 | +€1,013 | +2.4% |
| Other operating charges | 640/8 | €5,284 | €5,818 | +€534 | +10.1% |
| Gross operating margin | 9900 | €34,506 | €40,639 | +€6,133 | +17.8% |
| Operating profit (loss) | 9901 | -€13,176 | -€8,589 | +€4,587 | +34.8% |
| Financial income | 75/76B | €69 | €201 | +€132 | +192% |
| Recurring financial income | 75 | €69 | €201 | +€132 | +192% |
| Financial charges | 65/66B | €7,125 | €7,352 | +€227 | +3.2% |
| Recurring financial charges | 65 | €7,125 | €7,352 | +€227 | +3.2% |
| Profit (loss) for the period before taxes | 9903 | -€20,232 | -€15,740 | +€4,492 | +22.2% |
| Profit (loss) for the period | 9904 | -€20,232 | -€15,740 | +€4,492 | +22.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,232 | -€15,740 | +€4,492 | +22.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.