GESMO: 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.
GESMO
Largest movements
- Cash -€4,256
down €4,256 (-21.5%), from €19,808 to €15,552
mainly Receivables within one year (-€4,197) and Tax, wage and social debts (-€828)
- Receivables within one year +€4,197
up €4,197 (+191%), from €2,196 to €6,393
of which Other amounts receivable: +€5,278
- Tax, wage and social debts -€828
down €828 (-37.3%), from €2,219 to €1,391
- Trade debts +€618
up €618 (+140%), from €440 to €1,058
- Gross operating margin -€3,243
down €3,243 (-59.1%), from €5,489 to €2,246
- Taxes -€817
down €817 (-46.0%), from €1,779 to €961
- Financial charges -€183
down €183 (-39.7%), from €460 to €277
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 | €22,004 | €21,944 | -€59 | -0.3% |
| Current assets | 29/58 | €22,004 | €21,944 | -€59 | -0.3% |
| Amounts receivable within one year | 40/41 | €2,196 | €6,393 | +€4,197 | +191% |
| Trade receivables | 40 | €2,196 | €1,114 | -€1,081 | -49.2% |
| Other amounts receivable | 41 | - | €5,278 | +€5,278 | |
| Cash at bank and in hand | 54/58 | €19,808 | €15,552 | -€4,256 | -21.5% |
| Total equity and liabilities | 10/49 | €22,004 | €21,944 | -€59 | -0.3% |
| Equity | 10/15 | €5,963 | €6,119 | +€156 | +2.6% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,587 | -€12,431 | +€156 | +1.2% |
| Amounts payable | 17/49 | €16,041 | €15,825 | -€215 | -1.3% |
| Amounts payable within one year | 42/48 | €16,041 | €15,825 | -€215 | -1.3% |
| Financial debts | 43 | €746 | €746 | = | 0.0% |
| Credit institutions | 430/8 | €746 | €746 | = | 0.0% |
| Trade debts | 44 | €440 | €1,058 | +€618 | +140% |
| Suppliers | 440/4 | €440 | €1,058 | +€618 | +140% |
| Taxes, remuneration and social security | 45 | €2,219 | €1,391 | -€828 | -37.3% |
| Taxes | 450/3 | €2,219 | €1,391 | -€828 | -37.3% |
| Other amounts payable | 47/48 | €12,636 | €12,631 | -€5 | 0.0% |
| Other operating charges | 640/8 | €839 | €852 | +€13 | +1.6% |
| Gross operating margin | 9900 | €5,489 | €2,246 | -€3,243 | -59.1% |
| Operating profit (loss) | 9901 | €4,651 | €1,394 | -€3,256 | -70.0% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €460 | €277 | -€183 | -39.7% |
| Recurring financial charges | 65 | €460 | €277 | -€183 | -39.7% |
| Profit (loss) for the period before taxes | 9903 | €4,191 | €1,117 | -€3,074 | -73.3% |
| Income taxes | 67/77 | €1,779 | €961 | -€817 | -46.0% |
| Profit (loss) for the period | 9904 | €2,413 | €156 | -€2,257 | -93.5% |
| Profit (loss) for the period to be appropriated | 9905 | €2,413 | €156 | -€2,257 | -93.5% |
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 24 October 2026 via checked.be.