GESLAB: 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.
GESLAB
Largest movements
- Cash -€9,335
down €9,335 (-3.8%), from €245,582 to €236,247
mainly Net result for the year (-€22,440) and Other debts (-€6,617)
- Profit (loss) carried forward -€22,440
down €22,440 (-6.8%), from €328,795 to €306,355
- Turnover -€36,000
no longer reported in 2025 (was €36,000)
- Purchases and services -€22,688
down €22,688 (-62.2%), from €36,489 to €13,801
- Gross operating margin -€20,312
down €20,312, from €6,511 to -€13,801
- Taxes +€13,196
up €13,196, from -€12,585 to €611
- Depreciation +€4,025
up €4,025 (+162.6%), from €2,475 to €6,500
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.
Cash bridge derived
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 | €898,412 | €876,004 | -€22,408 | -2.5% |
| Fixed assets | 21/28 | €47,987 | €41,487 | -€6,500 | -13.5% |
| Tangible fixed assets | 22/27 | €17,025 | €10,525 | -€6,500 | -38.2% |
| Furniture and vehicles | 24 | €17,025 | €10,525 | -€6,500 | -38.2% |
| Financial fixed assets | 28 | €30,962 | €30,962 | = | 0.0% |
| Current assets | 29/58 | €850,425 | €834,517 | -€15,908 | -1.9% |
| Amounts receivable within one year | 40/41 | €604,843 | €598,270 | -€6,573 | -1.1% |
| Trade receivables | 40 | €12,572 | €6,000 | -€6,572 | -52.3% |
| Other amounts receivable | 41 | €592,271 | €592,270 | -€1 | 0.0% |
| Cash at bank and in hand | 54/58 | €245,582 | €236,247 | -€9,335 | -3.8% |
| Total equity and liabilities | 10/49 | €898,412 | €876,004 | -€22,408 | -2.5% |
| Equity | 10/15 | €335,612 | €313,172 | -€22,440 | -6.7% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Capital | 10 | €6,197 | €6,197 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Uncalled capital | 101 | €12,395 | €12,395 | = | 0.0% |
| Reserves | 13 | €620 | €620 | = | 0.0% |
| Non-distributable reserves | 130/1 | €620 | €620 | = | 0.0% |
| Legal reserve | 130 | €620 | €620 | = | 0.0% |
| Profit (loss) carried forward | 14 | €328,795 | €306,355 | -€22,440 | -6.8% |
| Provisions and deferred taxes | 16 | €401,077 | €401,077 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €401,077 | €401,077 | = | 0.0% |
| Other liabilities and charges | 164/5 | €401,077 | €401,077 | = | 0.0% |
| Amounts payable | 17/49 | €161,723 | €161,755 | +€32 | 0.0% |
| Amounts payable within one year | 42/48 | €161,723 | €161,755 | +€32 | 0.0% |
| Trade debts | 44 | - | €6,649 | +€6,649 | |
| Suppliers | 440/4 | - | €6,649 | +€6,649 | |
| Other amounts payable | 47/48 | €161,723 | €155,106 | -€6,617 | -4.1% |
| Turnover | 70 | €36,000 | - | -€36,000 | |
| Goods, raw materials, services and sundry goods | 60/61 | €36,489 | €13,801 | -€22,688 | -62.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,475 | €6,500 | +€4,025 | +162.6% |
| Other operating charges | 640/8 | €2,325 | €1,413 | -€912 | -39.2% |
| Gross operating margin | 9900 | €6,511 | -€13,801 | -€20,312 | |
| Operating profit (loss) | 9901 | €1,711 | -€21,714 | -€23,425 | |
| Financial income | 75/76B | - | €20 | +€20 | |
| Recurring financial income | 75 | - | €20 | +€20 | |
| Financial charges | 65/66B | €121 | €135 | +€14 | +11.6% |
| Recurring financial charges | 65 | €121 | €135 | +€14 | +11.6% |
| Profit (loss) for the period before taxes | 9903 | €1,590 | -€21,829 | -€23,419 | |
| Income taxes | 67/77 | -€12,585 | €611 | +€13,196 | |
| Profit (loss) for the period | 9904 | €14,175 | -€22,440 | -€36,615 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,175 | -€22,440 | -€36,615 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.