GESTA: 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.
GESTA
Largest movements
- Cash +€16,043
up €16,043 (+111.1%), from €14,446 to €30,489
mainly Other debts (+€29,856) and Net result for the year (+€25,402)
- Tangible fixed assets +€6,403
up €6,403 (+8.2%), from €77,755 to €84,158
of which Plant, machinery and equipment: +€9,484
- Receivables within one year -€6,082
down €6,082 (-19.7%), from €30,808 to €24,726
of which Trade receivables: -€10,248
- Other debts +€29,856
up €29,856 (+248.3%), from €12,025 to €41,881
- Tax, wage and social debts -€9,000
no longer reported in 2025 (was €9,000)
- Profit (loss) carried forward -€4,598
down €4,598 (-13.4%), from €34,216 to €29,617
- Gross operating margin +€51,865
up €51,865 (+518.6%), from €10,000 to €61,865
- Other operating charges +€10,343
up €10,343 (+174.2%), from €5,936 to €16,278
- Taxes +€8,589
up €8,589 (+4332.2%), from €198 to €8,787
- Depreciation +€1,958
up €1,958 (+20.9%), from €9,389 to €11,347
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 | €124,632 | €141,021 | +€16,389 | +13.1% |
| Fixed assets | 21/28 | €77,755 | €84,158 | +€6,403 | +8.2% |
| Tangible fixed assets | 22/27 | €77,755 | €84,158 | +€6,403 | +8.2% |
| Land and buildings | 22 | €21,664 | €21,664 | = | 0.0% |
| Plant, machinery and equipment | 23 | €53,009 | €62,494 | +€9,484 | +17.9% |
| Furniture and vehicles | 24 | €3,082 | - | -€3,082 | |
| Current assets | 29/58 | €46,877 | €56,863 | +€9,986 | +21.3% |
| Amounts receivable within one year | 40/41 | €30,808 | €24,726 | -€6,082 | -19.7% |
| Trade receivables | 40 | €10,248 | - | -€10,248 | |
| Other amounts receivable | 41 | €20,560 | €24,726 | +€4,165 | +20.3% |
| Cash at bank and in hand | 54/58 | €14,446 | €30,489 | +€16,043 | +111.1% |
| Deferred charges and accrued income | 490/1 | €1,624 | €1,649 | +€25 | +1.5% |
| Total equity and liabilities | 10/49 | €124,632 | €141,021 | +€16,389 | +13.1% |
| Equity | 10/15 | €102,416 | €97,817 | -€4,598 | -4.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,216 | €29,617 | -€4,598 | -13.4% |
| Amounts payable | 17/49 | €22,216 | €43,204 | +€20,987 | +94.5% |
| Amounts payable within one year | 42/48 | €22,216 | €43,204 | +€20,987 | +94.5% |
| Trade debts | 44 | €1,191 | €1,323 | +€131 | +11.0% |
| Suppliers | 440/4 | €1,191 | €1,323 | +€131 | +11.0% |
| Taxes, remuneration and social security | 45 | €9,000 | - | -€9,000 | |
| Taxes | 450/3 | €9,000 | - | -€9,000 | |
| Other amounts payable | 47/48 | €12,025 | €41,881 | +€29,856 | +248.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,389 | €11,347 | +€1,958 | +20.9% |
| Other operating charges | 640/8 | €5,936 | €16,278 | +€10,343 | +174.2% |
| Gross operating margin | 9900 | €10,000 | €61,865 | +€51,865 | +518.6% |
| Operating profit (loss) | 9901 | -€5,325 | €34,240 | +€39,564 | |
| Financial income | 75/76B | €11 | €5 | -€6 | -55.3% |
| Recurring financial income | 75 | €11 | €5 | -€6 | -55.3% |
| Financial charges | 65/66B | €42 | €56 | +€14 | +32.8% |
| Recurring financial charges | 65 | €42 | €56 | +€14 | +32.8% |
| Profit (loss) for the period before taxes | 9903 | -€5,356 | €34,188 | +€39,544 | |
| Income taxes | 67/77 | €198 | €8,787 | +€8,589 | +4332.2% |
| Profit (loss) for the period | 9904 | -€5,554 | €25,402 | +€30,956 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,554 | €25,402 | +€30,956 |
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 7 October 2026 via checked.be.