GEST - CEROUX: 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.
GEST - CEROUX
Largest movements
- Cash +€316,196
up €316,196 (+87431.5%), from €362 to €316,558
mainly Net result for the year (+€289,286) and Investment in fixed assets (net) (+€110,346)
- Tangible fixed assets -€110,346
down €110,346 (-30.5%), from €362,214 to €251,868
- Reserves +€289,286
up €289,286 (+210.9%), from €137,162 to €426,448
of which Distributable reserves: +€289,286
- Other debts -€82,546
no longer reported in 2025 (was €82,546)
- Gross operating margin +€422,176
up €422,176, from -€1,452 to €420,724
- Taxes +€130,853
new in 2025: €130,853
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 | €362,576 | €568,425 | +€205,850 | +56.8% |
| Fixed assets | 21/28 | €362,214 | €251,868 | -€110,346 | -30.5% |
| Tangible fixed assets | 22/27 | €362,214 | €251,868 | -€110,346 | -30.5% |
| Land and buildings | 22 | €362,214 | €251,868 | -€110,346 | -30.5% |
| Current assets | 29/58 | €362 | €316,558 | +€316,196 | +87431.5% |
| Cash at bank and in hand | 54/58 | €362 | €316,558 | +€316,196 | +87431.5% |
| Total equity and liabilities | 10/49 | €362,576 | €568,425 | +€205,850 | +56.8% |
| Equity | 10/15 | €278,054 | €567,340 | +€289,286 | +104.0% |
| Contributions | 10/11 | €157,193 | €157,193 | = | 0.0% |
| Capital | 10 | €157,193 | €157,193 | = | 0.0% |
| Issued capital | 100 | €157,193 | €157,193 | = | 0.0% |
| Reserves | 13 | €137,162 | €426,448 | +€289,286 | +210.9% |
| Non-distributable reserves | 130/1 | €7,576 | €7,576 | = | 0.0% |
| Legal reserve | 130 | €7,576 | €7,576 | = | 0.0% |
| Distributable reserves | 133 | €129,586 | €418,872 | +€289,286 | +223.2% |
| Profit (loss) carried forward | 14 | -€16,300 | -€16,300 | = | 0.0% |
| Amounts payable | 17/49 | €84,522 | €1,085 | -€83,437 | -98.7% |
| Amounts payable within one year | 42/48 | €84,386 | €853 | -€83,533 | -99.0% |
| Trade debts | 44 | €1,839 | - | -€1,839 | |
| Suppliers | 440/4 | €1,839 | - | -€1,839 | |
| Taxes, remuneration and social security | 45 | - | €853 | +€853 | |
| Taxes | 450/3 | - | €853 | +€853 | |
| Other amounts payable | 47/48 | €82,546 | - | -€82,546 | |
| Accrued charges and deferred income | 492/3 | €136 | €232 | +€96 | +70.6% |
| Other operating charges | 640/8 | €545 | €543 | -€2 | -0.3% |
| Gross operating margin | 9900 | -€1,452 | €420,724 | +€422,176 | |
| Operating profit (loss) | 9901 | -€1,997 | €420,181 | +€422,178 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €42 | €42 | = | 0.0% |
| Recurring financial charges | 65 | €42 | €42 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€2,039 | €420,139 | +€422,178 | |
| Income taxes | 67/77 | - | €130,853 | +€130,853 | |
| Profit (loss) for the period | 9904 | -€2,039 | €289,286 | +€291,325 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,039 | €289,286 | +€291,325 |
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 3 October 2026 via checked.be.