GESCOMAN: 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.
GESCOMAN
Largest movements
- Receivables within one year +€12,469
up €12,469 (+7.2%), from €172,252 to €184,721
of which Trade receivables: +€15,573
- Cash +€3,576
up €3,576 (+64.6%), from €5,535 to €9,111
mainly Tax, wage and social debts (+€11,073) and Net result for the year (+€2,377)
- Tax, wage and social debts +€11,073
up €11,073 (+16.0%), from €69,270 to €80,343
of which Remuneration and social security: +€13,531
- Profit (loss) carried forward +€2,377
up €2,377 (+5.8%), from €40,707 to €43,084
- Staff costs -€38,140
down €38,140 (-9.3%), from €409,369 to €371,230
- Gross operating margin -€38,073
down €38,073 (-9.1%), from €416,589 to €378,516
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 | €179,162 | €193,832 | +€14,670 | +8.2% |
| Fixed assets | 21/28 | €1,375 | - | -€1,375 | |
| Tangible fixed assets | 22/27 | €1,375 | - | -€1,375 | |
| Furniture and vehicles | 24 | €1,375 | - | -€1,375 | |
| Current assets | 29/58 | €177,786 | €193,832 | +€16,045 | +9.0% |
| Amounts receivable within one year | 40/41 | €172,252 | €184,721 | +€12,469 | +7.2% |
| Trade receivables | 40 | €169,148 | €184,721 | +€15,573 | +9.2% |
| Other amounts receivable | 41 | €3,104 | - | -€3,104 | |
| Cash at bank and in hand | 54/58 | €5,535 | €9,111 | +€3,576 | +64.6% |
| Total equity and liabilities | 10/49 | €179,162 | €193,832 | +€14,670 | +8.2% |
| Equity | 10/15 | €108,907 | €111,284 | +€2,377 | +2.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €40,707 | €43,084 | +€2,377 | +5.8% |
| Amounts payable | 17/49 | €70,255 | €82,548 | +€12,292 | +17.5% |
| Amounts payable within one year | 42/48 | €70,193 | €82,548 | +€12,354 | +17.6% |
| Trade debts | 44 | €924 | €2,205 | +€1,281 | +139% |
| Suppliers | 440/4 | €924 | €2,205 | +€1,281 | +139% |
| Taxes, remuneration and social security | 45 | €69,270 | €80,343 | +€11,073 | +16.0% |
| Taxes | 450/3 | €21,495 | €19,038 | -€2,457 | -11.4% |
| Remuneration and social security | 454/9 | €47,775 | €61,305 | +€13,531 | +28.3% |
| Accrued charges and deferred income | 492/3 | €62 | - | -€62 | |
| Remuneration, social security and pensions | 62 | €409,369 | €371,230 | -€38,140 | -9.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,926 | - | -€1,926 | |
| Other operating charges | 640/8 | €886 | €552 | -€335 | -37.7% |
| Non-recurring operating charges | 66A | - | €962 | +€962 | |
| Gross operating margin | 9900 | €416,589 | €378,516 | -€38,073 | -9.1% |
| Operating profit (loss) | 9901 | €4,408 | €5,773 | +€1,365 | +31.0% |
| Financial charges | 65/66B | €701 | €665 | -€36 | -5.1% |
| Recurring financial charges | 65 | €701 | €665 | -€36 | -5.1% |
| Profit (loss) for the period before taxes | 9903 | €3,707 | €5,108 | +€1,400 | +37.8% |
| Income taxes | 67/77 | €2,276 | €2,730 | +€454 | +19.9% |
| Profit (loss) for the period | 9904 | €1,431 | €2,377 | +€946 | +66.1% |
| Profit (loss) for the period to be appropriated | 9905 | €1,431 | €2,377 | +€946 | +66.1% |
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 15 October 2026 via checked.be.