GESSIMO: 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.
GESSIMO
Largest movements
- Cash -€10,876
down €10,876 (-69.1%), from €15,746 to €4,870
mainly Debts after one year (-€24,000) and Investment in fixed assets (net) (-€3,189)
- Tangible fixed assets -€3,619
down €3,619 (-2.6%), from €140,031 to €136,412
of which Plant, machinery and equipment: -€2,144
- Debts after one year -€24,000
no longer reported in 2025 (was €24,000)
- Reserves +€9,818
up €9,818 (+14.6%), from €67,333 to €77,151
of which Distributable reserves: +€9,818
- Tax, wage and social debts +€3,074
up €3,074 (+524.5%), from €586 to €3,661
- Advances received -€2,700
no longer reported in 2025 (was €2,700)
- Purchases and services -€9,001
no longer reported in 2025 (was €9,001)
- Depreciation -€7,019
down €7,019 (-50.8%), from €13,828 to €6,808
- Gross operating margin -€4,782
down €4,782 (-15.4%), from €31,073 to €26,291
- Taxes +€3,074
up €3,074 (+524.5%), from €586 to €3,661
- Financial charges -€541
down €541 (-47.6%), from €1,138 to €596
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 | €163,372 | €146,450 | -€16,922 | -10.4% |
| Fixed assets | 21/28 | €140,031 | €136,412 | -€3,619 | -2.6% |
| Tangible fixed assets | 22/27 | €140,031 | €136,412 | -€3,619 | -2.6% |
| Land and buildings | 22 | €67,933 | €67,412 | -€522 | -0.8% |
| Plant, machinery and equipment | 23 | €69,213 | €67,069 | -€2,144 | -3.1% |
| Furniture and vehicles | 24 | €1,984 | €1,932 | -€53 | -2.7% |
| Assets under construction and advance payments | 27 | €901 | - | -€901 | |
| Current assets | 29/58 | €23,341 | €10,038 | -€13,303 | -57.0% |
| Amounts receivable within one year | 40/41 | €1,225 | - | -€1,225 | |
| Other amounts receivable | 41 | €1,225 | - | -€1,225 | |
| Current investments | 50/53 | €5,153 | €5,167 | +€14 | +0.3% |
| Cash at bank and in hand | 54/58 | €15,746 | €4,870 | -€10,876 | -69.1% |
| Deferred charges and accrued income | 490/1 | €1,216 | - | -€1,216 | |
| Total equity and liabilities | 10/49 | €163,372 | €146,450 | -€16,922 | -10.4% |
| Equity | 10/15 | €129,833 | €139,651 | +€9,818 | +7.6% |
| Contributions | 10/11 | €62,500 | €62,500 | = | 0.0% |
| Capital | 10 | €62,500 | €62,500 | = | 0.0% |
| Issued capital | 100 | €62,500 | €62,500 | = | 0.0% |
| Reserves | 13 | €67,333 | €77,151 | +€9,818 | +14.6% |
| Non-distributable reserves | 130/1 | €6,250 | €6,250 | = | 0.0% |
| Legal reserve | 130 | €6,250 | €6,250 | = | 0.0% |
| Distributable reserves | 133 | €61,083 | €70,901 | +€9,818 | +16.1% |
| Amounts payable | 17/49 | €33,539 | €6,799 | -€26,741 | -79.7% |
| Amounts payable after more than one year | 17 | €24,000 | - | -€24,000 | |
| Financial debts | 170/4 | €24,000 | - | -€24,000 | |
| Amounts payable within one year | 42/48 | €7,379 | €6,138 | -€1,241 | -16.8% |
| Trade debts | 44 | €2,943 | €1,327 | -€1,615 | -54.9% |
| Suppliers | 440/4 | €2,943 | €1,327 | -€1,615 | -54.9% |
| Advances received on contracts in progress | 46 | €2,700 | - | -€2,700 | |
| Taxes, remuneration and social security | 45 | €586 | €3,661 | +€3,074 | +524.5% |
| Taxes | 450/3 | €586 | €3,661 | +€3,074 | +524.5% |
| Other amounts payable | 47/48 | €1,150 | €1,150 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €2,161 | €661 | -€1,500 | -69.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €9,001 | - | -€9,001 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,828 | €6,808 | -€7,019 | -50.8% |
| Other operating charges | 640/8 | €5,254 | €5,421 | +€168 | +3.2% |
| Gross operating margin | 9900 | €31,073 | €26,291 | -€4,782 | -15.4% |
| Operating profit (loss) | 9901 | €11,992 | €14,061 | +€2,070 | +17.3% |
| Financial income | 75/76B | €28 | €14 | -€14 | -49.8% |
| Recurring financial income | 75 | €28 | €14 | -€14 | -49.8% |
| Financial charges | 65/66B | €1,138 | €596 | -€541 | -47.6% |
| Recurring financial charges | 65 | €1,138 | €596 | -€541 | -47.6% |
| Profit (loss) for the period before taxes | 9903 | €10,882 | €13,479 | +€2,597 | +23.9% |
| Income taxes | 67/77 | €586 | €3,661 | +€3,074 | +524.5% |
| Profit (loss) for the period | 9904 | €10,295 | €9,818 | -€477 | -4.6% |
| Profit (loss) for the period to be appropriated | 9905 | €10,295 | €9,818 | -€477 | -4.6% |
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.