GESTAFIN: 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.
GESTAFIN
Largest movements
- Tangible fixed assets -€6,184
down €6,184 (-80.3%), from €7,701 to €1,517
- Receivables within one year +€827
up €827 (+28.4%), from €2,914 to €3,741
- Cash +€398
up €398 (+12.2%), from €3,270 to €3,668
mainly Investment in fixed assets (net) (+€5,201) and Trade debts (+€2,090)
- Tax, wage and social debts -€3,204
down €3,204 (-71.8%), from €4,463 to €1,259
- Profit (loss) carried forward -€2,614
down €2,614 (-52.6%), from €4,973 to €2,359
- Trade debts +€2,090
up €2,090 (+36804.4%), from €6 to €2,096
- Other debts -€1,231
down €1,231 (-31.2%), from €3,943 to €2,712
- Gross operating margin -€6,796
down €6,796 (-71.7%), from €9,480 to €2,684
- Other operating charges -€1,595
down €1,595 (-94.7%), from €1,685 to €90
- Taxes -€1,506
no longer reported in 2025 (was €1,506)
- Depreciation -€316
down €316 (-24.3%), from €1,299 to €983
- Financial charges +€127
up €127 (+727.1%), from €17 to €144
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 | €13,885 | €8,926 | -€4,959 | -35.7% |
| Fixed assets | 21/28 | €7,701 | €1,517 | -€6,184 | -80.3% |
| Tangible fixed assets | 22/27 | €7,701 | €1,517 | -€6,184 | -80.3% |
| Furniture and vehicles | 24 | €7,701 | €1,517 | -€6,184 | -80.3% |
| Current assets | 29/58 | €6,183 | €7,409 | +€1,226 | +19.8% |
| Amounts receivable within one year | 40/41 | €2,914 | €3,741 | +€827 | +28.4% |
| Trade receivables | 40 | €2,914 | €3,741 | +€827 | +28.4% |
| Cash at bank and in hand | 54/58 | €3,270 | €3,668 | +€398 | +12.2% |
| Total equity and liabilities | 10/49 | €13,885 | €8,926 | -€4,959 | -35.7% |
| Equity | 10/15 | €5,473 | €2,859 | -€2,614 | -47.8% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,973 | €2,359 | -€2,614 | -52.6% |
| Amounts payable | 17/49 | €8,411 | €6,067 | -€2,344 | -27.9% |
| Amounts payable within one year | 42/48 | €8,411 | €6,067 | -€2,344 | -27.9% |
| Trade debts | 44 | €6 | €2,096 | +€2,090 | +36804.4% |
| Suppliers | 440/4 | €6 | €2,096 | +€2,090 | +36804.4% |
| Taxes, remuneration and social security | 45 | €4,463 | €1,259 | -€3,204 | -71.8% |
| Taxes | 450/3 | €4,463 | €1,259 | -€3,204 | -71.8% |
| Other amounts payable | 47/48 | €3,943 | €2,712 | -€1,231 | -31.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,299 | €983 | -€316 | -24.3% |
| Other operating charges | 640/8 | €1,685 | €90 | -€1,595 | -94.7% |
| Non-recurring operating charges | 66A | - | €4,081 | +€4,081 | |
| Gross operating margin | 9900 | €9,480 | €2,684 | -€6,796 | -71.7% |
| Operating profit (loss) | 9901 | €6,497 | -€2,470 | -€8,967 | |
| Financial charges | 65/66B | €17 | €144 | +€127 | +727.1% |
| Recurring financial charges | 65 | €17 | €144 | +€127 | +727.1% |
| Profit (loss) for the period before taxes | 9903 | €6,479 | -€2,614 | -€9,093 | |
| Income taxes | 67/77 | €1,506 | - | -€1,506 | |
| Profit (loss) for the period | 9904 | €4,973 | -€2,614 | -€7,588 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,973 | -€2,614 | -€7,588 |
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 10 October 2026 via checked.be.