Gest-D-Team: 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-D-Team
Largest movements
- Cash +€77,221
up €77,221 (+119.1%), from €64,838 to €142,059
mainly Net result for the year (+€125,381) and Depreciation (+€9,400)
- Receivables within one year +€11,388
up €11,388 (+23.3%), from €48,895 to €60,283
of which Trade receivables: +€12,211
- Tangible fixed assets -€7,383
down €7,383 (-22.4%), from €32,961 to €25,578
of which Furniture and vehicles: -€5,242
- Deferred charges and accrued income +€3,216
up €3,216 (+147.2%), from €2,184 to €5,399
- Reserves +€125,381
up €125,381 (+600.0%), from €20,895 to €146,276
of which Distributable reserves: +€125,381
- Other debts -€27,112
down €27,112 (-38.4%), from €70,616 to €43,505
- Tax, wage and social debts -€13,059
down €13,059 (-42.7%), from €30,552 to €17,494
- Gross operating margin +€102,963
up €102,963 (+74.9%), from €137,412 to €240,374
- Financial charges +€48,052
up €48,052 (+3833.1%), from €1,254 to €49,305
- Taxes +€24,437
up €24,437 (+83.8%), from €29,177 to €53,614
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 | €148,947 | €233,804 | +€84,856 | +57.0% |
| Fixed assets | 21/28 | €33,031 | €26,062 | -€6,968 | -21.1% |
| Intangible fixed assets | 21 | - | €439 | +€439 | |
| Tangible fixed assets | 22/27 | €32,961 | €25,578 | -€7,383 | -22.4% |
| Plant, machinery and equipment | 23 | €2,141 | - | -€2,141 | |
| Furniture and vehicles | 24 | €30,820 | €25,578 | -€5,242 | -17.0% |
| Financial fixed assets | 28 | €70 | €45 | -€25 | -35.7% |
| Current assets | 29/58 | €115,917 | €207,741 | +€91,824 | +79.2% |
| Amounts receivable within one year | 40/41 | €48,895 | €60,283 | +€11,388 | +23.3% |
| Trade receivables | 40 | €48,072 | €60,283 | +€12,211 | +25.4% |
| Other amounts receivable | 41 | €823 | - | -€823 | |
| Cash at bank and in hand | 54/58 | €64,838 | €142,059 | +€77,221 | +119.1% |
| Deferred charges and accrued income | 490/1 | €2,184 | €5,399 | +€3,216 | +147.2% |
| Total equity and liabilities | 10/49 | €148,947 | €233,804 | +€84,856 | +57.0% |
| Equity | 10/15 | €45,612 | €170,134 | +€124,522 | +273.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €20,895 | €146,276 | +€125,381 | +600.0% |
| Tax-exempt reserves | 132 | €19,035 | €19,035 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €127,241 | +€125,381 | +6740.9% |
| Profit (loss) carried forward | 14 | €6,117 | €5,258 | -€859 | -14.0% |
| Amounts payable | 17/49 | €103,336 | €63,670 | -€39,666 | -38.4% |
| Amounts payable within one year | 42/48 | €103,336 | €63,670 | -€39,666 | -38.4% |
| Trade debts | 44 | €2,167 | €2,672 | +€504 | +23.3% |
| Suppliers | 440/4 | €2,167 | €2,672 | +€504 | +23.3% |
| Taxes, remuneration and social security | 45 | €30,552 | €17,494 | -€13,059 | -42.7% |
| Taxes | 450/3 | €30,552 | €17,494 | -€13,059 | -42.7% |
| Other amounts payable | 47/48 | €70,616 | €43,505 | -€27,112 | -38.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,202 | €9,400 | +€1,198 | +14.6% |
| Other operating charges | 640/8 | €1,195 | €2,680 | +€1,484 | +124.1% |
| Gross operating margin | 9900 | €137,412 | €240,374 | +€102,963 | +74.9% |
| Operating profit (loss) | 9901 | €128,014 | €228,294 | +€100,280 | +78.3% |
| Financial income | 75/76B | €3 | €6 | +€3 | +100.7% |
| Recurring financial income | 75 | €3 | €6 | +€3 | +100.7% |
| Financial charges | 65/66B | €1,254 | €49,305 | +€48,052 | +3833.1% |
| Recurring financial charges | 65 | €1,254 | €49,305 | +€48,052 | +3833.1% |
| Profit (loss) for the period before taxes | 9903 | €126,763 | €178,995 | +€52,232 | +41.2% |
| Income taxes | 67/77 | €29,177 | €53,614 | +€24,437 | +83.8% |
| Profit (loss) for the period | 9904 | €97,586 | €125,381 | +€27,795 | +28.5% |
| Profit (loss) for the period to be appropriated | 9905 | €97,586 | €125,381 | +€27,795 | +28.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.