GESOFA: 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.
GESOFA
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Other debts -€101,358
no longer reported in 2025 (was €101,358)
- Financial income +€9,755
up €9,755 (+322.5%), from €3,025 to €12,780
- Taxes +€4,129
new in 2025: €4,129
of which Taxes: +€6,000
- Services and other goods -€3,282
down €3,282 (-35.0%), from €9,370 to €6,089
- Financial charges -€586
down €586 (-76.5%), from €767 to €180
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 | €4,942,927 | €4,860,581 | -€82,346 | -1.7% |
| Fixed assets | 21/28 | €4,859,781 | €4,854,616 | -€5,165 | -0.1% |
| Financial fixed assets | 28 | €4,859,781 | €4,854,616 | -€5,165 | -0.1% |
| Companies linked by participating interests | 282/3 | €4,776,616 | €4,776,616 | = | 0.0% |
| Participating interests | 282 | €4,776,616 | €4,776,616 | = | 0.0% |
| Other financial fixed assets | 284/8 | €83,165 | €78,000 | -€5,165 | -6.2% |
| Shares | 284 | €83,165 | €78,000 | -€5,165 | -6.2% |
| Current assets | 29/58 | €83,146 | €5,965 | -€77,181 | -92.8% |
| Amounts receivable within one year | 40/41 | €50,063 | €3,871 | -€46,191 | -92.3% |
| Other amounts receivable | 41 | €50,063 | €3,871 | -€46,191 | -92.3% |
| Cash at bank and in hand | 54/58 | €33,083 | €2,093 | -€30,990 | -93.7% |
| Total equity and liabilities | 10/49 | €4,942,927 | €4,860,581 | -€82,346 | -1.7% |
| Equity | 10/15 | €4,841,569 | €4,860,581 | +€19,012 | +0.4% |
| Contributions | 10/11 | €4,730,500 | €4,730,500 | = | 0.0% |
| Capital | 10 | €4,730,500 | €4,730,500 | = | 0.0% |
| Issued capital | 100 | €4,730,500 | €4,730,500 | = | 0.0% |
| Reserves | 13 | €36,857 | €37,807 | +€951 | +2.6% |
| Non-distributable reserves | 130/1 | €27,476 | €28,427 | +€951 | +3.5% |
| Legal reserve | 130 | €27,476 | €28,427 | +€951 | +3.5% |
| Tax-exempt reserves | 132 | €9,380 | €9,380 | = | 0.0% |
| Profit (loss) carried forward | 14 | €74,212 | €92,273 | +€18,061 | +24.3% |
| Amounts payable | 17/49 | €101,358 | - | -€101,358 | |
| Amounts payable within one year | 42/48 | €101,358 | - | -€101,358 | |
| Other amounts payable | 47/48 | €101,358 | - | -€101,358 | |
| Operating income | 70/76A | €18,000 | €18,000 | = | 0.0% |
| Turnover | 70 | €18,000 | €18,000 | = | 0.0% |
| Operating charges | 60/66A | €10,699 | €7,459 | -€3,239 | -30.3% |
| Services and other goods | 61 | €9,370 | €6,089 | -€3,282 | -35.0% |
| Other operating charges | 640/8 | €1,328 | €1,371 | +€42 | +3.2% |
| Operating profit (loss) | 9901 | €7,301 | €10,541 | +€3,239 | +44.4% |
| Financial income | 75/76B | €3,025 | €12,780 | +€9,755 | +322.5% |
| Recurring financial income | 75 | €3,025 | €12,780 | +€9,755 | +322.5% |
| Income from financial fixed assets | 750 | €2,080 | - | -€2,080 | |
| Income from current assets | 751 | €945 | - | -€945 | |
| Other financial income | 752/9 | - | €12,780 | +€12,780 | |
| Financial charges | 65/66B | €767 | €180 | -€586 | -76.5% |
| Recurring financial charges | 65 | €767 | €180 | -€586 | -76.5% |
| Debt charges | 650 | €767 | €180 | -€586 | -76.5% |
| Profit (loss) for the period before taxes | 9903 | €9,560 | €23,141 | +€13,581 | +142.1% |
| Income taxes | 67/77 | - | €4,129 | +€4,129 | |
| Taxes | 670/3 | - | €6,000 | +€6,000 | |
| Tax adjustments and reversals of tax provisions | 77 | - | €1,871 | +€1,871 | |
| Profit (loss) for the period | 9904 | €9,560 | €19,012 | +€9,452 | +98.9% |
| Profit (loss) for the period to be appropriated | 9905 | €9,560 | €19,012 | +€9,452 | +98.9% |
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 5 October 2026 via checked.be.