GESNOT IMMO: what changed
GESNOT IMMO
Largest movements
- Receivables within one year -€213,903
down €213,903 (-100.0%), from €213,997 to €94
of which Trade receivables: -€176,257
- Stocks and contracts -€65,410
down €65,410 (-6.0%), from €1.1m to €1.0m
- Trade debts -€212,336
down €212,336 (-96.1%), from €221,009 to €8,673
- Debts after one year -€85,078
no longer reported in 2025 (was €85,078)
- Accrued charges and deferred income +€13,300
up €13,300 (+294%), from €4,518 to €17,818
- Gross operating margin -€6,574
down €6,574 (-52.5%), from €12,523 to €5,949
- Taxes -€973
down €973 (-87.4%), from €1,113 to €140
- Financial charges -€959
down €959 (-18.6%), from €5,164 to €4,205
- Other operating charges -€706
down €706 (-39.4%), from €1,793 to €1,087
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,313,912 | €1,022,319 | -€291,592 | -22.2% |
| Current assets | 29/58 | €1,313,912 | €1,022,319 | -€291,592 | -22.2% |
| Stocks and contracts in progress | 3 | €1,087,635 | €1,022,225 | -€65,410 | -6.0% |
| Stocks | 30/36 | €1,087,635 | €1,022,225 | -€65,410 | -6.0% |
| Amounts receivable within one year | 40/41 | €213,997 | €94 | -€213,903 | -100.0% |
| Trade receivables | 40 | €176,257 | - | -€176,257 | |
| Other amounts receivable | 41 | €37,740 | €94 | -€37,646 | -99.8% |
| Cash at bank and in hand | 54/58 | €12,279 | - | -€12,279 | |
| Total equity and liabilities | 10/49 | €1,313,912 | €1,022,319 | -€291,592 | -22.2% |
| Equity | 10/15 | €18,200 | €18,717 | +€517 | +2.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,200 | €15,717 | +€517 | +3.4% |
| Amounts payable | 17/49 | €1,295,711 | €1,003,602 | -€292,109 | -22.5% |
| Amounts payable after more than one year | 17 | €85,078 | - | -€85,078 | |
| Financial debts | 170/4 | €85,078 | - | -€85,078 | |
| Amounts payable within one year | 42/48 | €1,206,115 | €985,784 | -€220,331 | -18.3% |
| Current portion of amounts payable after more than one year | 42 | €3,253 | - | -€3,253 | |
| Financial debts | 43 | €700,000 | €697,417 | -€2,583 | -0.4% |
| Credit institutions | 430/8 | €700,000 | €697,417 | -€2,583 | -0.4% |
| Trade debts | 44 | €221,009 | €8,673 | -€212,336 | -96.1% |
| Suppliers | 440/4 | €221,009 | €8,673 | -€212,336 | -96.1% |
| Taxes, remuneration and social security | 45 | €1,113 | €1,254 | +€140 | +12.6% |
| Taxes | 450/3 | €1,113 | €1,254 | +€140 | +12.6% |
| Other amounts payable | 47/48 | €280,740 | €278,440 | -€2,300 | -0.8% |
| Accrued charges and deferred income | 492/3 | €4,518 | €17,818 | +€13,300 | +294% |
| Other operating charges | 640/8 | €1,793 | €1,087 | -€706 | -39.4% |
| Gross operating margin | 9900 | €12,523 | €5,949 | -€6,574 | -52.5% |
| Operating profit (loss) | 9901 | €10,730 | €4,862 | -€5,868 | -54.7% |
| Financial charges | 65/66B | €5,164 | €4,205 | -€959 | -18.6% |
| Recurring financial charges | 65 | €5,164 | €4,205 | -€959 | -18.6% |
| Profit (loss) for the period before taxes | 9903 | €5,566 | €657 | -€4,909 | -88.2% |
| Income taxes | 67/77 | €1,113 | €140 | -€973 | -87.4% |
| Profit (loss) for the period | 9904 | €4,453 | €517 | -€3,936 | -88.4% |
| Profit (loss) for the period to be appropriated | 9905 | €4,453 | €517 | -€3,936 | -88.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.