GEST HOME: what changed
Two financial 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 HOME
Largest movements
- Tangible fixed assets -€14,388
down €14,388 (-14.5%), from €98,937 to €84,549
of which Land and buildings: -€11,901
- Receivables within one year +€12,581
up €12,581 (+35.4%), from €35,566 to €48,147
- Cash -€4,054
down €4,054 (-33.1%), from €12,260 to €8,206
mainly Investment in fixed assets (net) (-€14,949) and Receivables within one year (-€12,581)
- Provisions -€11,000
no longer reported in 2025 (was €11,000)
- Profit (loss) carried forward +€4,869
up €4,869 (+111%), from €4,374 to €9,243
- Gross operating margin -€4,369
down €4,369 (-8.1%), from €53,942 to €49,573
- Depreciation +€3,624
up €3,624 (+14.1%), from €25,713 to €29,337
- Taxes -€3,587
down €3,587, from €1,588 to -€1,999
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.
Derived cash bridge
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 | €146,763 | €140,902 | -€5,861 | -4.0% |
| Fixed assets | 21/28 | €98,937 | €84,549 | -€14,388 | -14.5% |
| Tangible fixed assets | 22/27 | €98,937 | €84,549 | -€14,388 | -14.5% |
| Land and buildings | 22 | €94,631 | €82,730 | -€11,901 | -12.6% |
| Furniture and vehicles | 24 | €4,306 | €1,819 | -€2,487 | -57.8% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €47,826 | €56,353 | +€8,527 | +17.8% |
| Amounts receivable within one year | 40/41 | €35,566 | €48,147 | +€12,581 | +35.4% |
| Other amounts receivable | 41 | €35,566 | €48,147 | +€12,581 | +35.4% |
| Cash at bank and in hand | 54/58 | €12,260 | €8,206 | -€4,054 | -33.1% |
| Total equity and liabilities | 10/49 | €146,763 | €140,902 | -€5,861 | -4.0% |
| Equity | 10/15 | €122,867 | €127,736 | +€4,869 | +4.0% |
| Contributions | 10/11 | €118,493 | €118,493 | = | 0.0% |
| Capital | 10 | €118,493 | €118,493 | = | 0.0% |
| Issued capital | 100 | €118,493 | €118,493 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,374 | €9,243 | +€4,869 | +111% |
| Provisions and deferred taxes | 16 | €11,000 | - | -€11,000 | |
| Provisions for liabilities and charges | 160/5 | €11,000 | - | -€11,000 | |
| Pensions and similar obligations | 160 | €11,000 | - | -€11,000 | |
| Amounts payable | 17/49 | €12,896 | €13,166 | +€270 | +2.1% |
| Amounts payable within one year | 42/48 | €12,896 | €13,166 | +€270 | +2.1% |
| Other amounts payable | 47/48 | €12,896 | €13,166 | +€270 | +2.1% |
| Non-recurring operating income | 76A | - | €11,000 | +€11,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,713 | €29,337 | +€3,624 | +14.1% |
| Other operating charges | 640/8 | €16,690 | €17,213 | +€523 | +3.1% |
| Gross operating margin | 9900 | €53,942 | €49,573 | -€4,369 | -8.1% |
| Operating profit (loss) | 9901 | €11,539 | €3,023 | -€8,516 | -73.8% |
| Financial charges | 65/66B | €152 | €153 | +€1 | +0.7% |
| Recurring financial charges | 65 | €152 | €153 | +€1 | +0.7% |
| Profit (loss) for the period before taxes | 9903 | €11,387 | €2,870 | -€8,517 | -74.8% |
| Income taxes | 67/77 | €1,588 | -€1,999 | -€3,587 | |
| Profit (loss) for the period | 9904 | €9,799 | €4,869 | -€4,930 | -50.3% |
| Profit (loss) for the period to be appropriated | 9905 | €9,799 | €4,869 | -€4,930 | -50.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.