GESTEKO: 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.
GESTEKO
Largest movements
- Cash +€114,352
up €114,352 (+2203.7%), from €5,189 to €119,541
mainly Stocks and contracts (+€106,232) and Net result for the year (+€49,209)
- Stocks and contracts -€106,232
down €106,232 (-100.0%), from €106,232 to €0
- Receivables within one year +€14,614
up €14,614 (+9.4%), from €154,837 to €169,452
of which Other amounts receivable: +€10,533
- Tangible fixed assets +€9,457
up €9,457 (+99.3%), from €9,519 to €18,975
of which Furniture and vehicles: +€9,895
- Reserves +€42,600
up €42,600 (+104.6%), from €40,733 to €83,333
of which Distributable reserves: +€42,600
- Trade debts -€25,020
down €25,020 (-15.0%), from €166,743 to €141,723
- Tax, wage and social debts +€24,842
up €24,842 (+3949.8%), from €629 to €25,471
- Current portion of long-term debt -€7,699
down €7,699 (-100.0%), from €7,699 to €0
- Other debts -€3,757
down €3,757 (-7.9%), from €47,536 to €43,779
- Gross operating margin +€53,673
up €53,673 (+175.5%), from €30,580 to €84,253
- Taxes +€24,835
up €24,835 (+3936.3%), from €631 to €25,466
- Depreciation -€19,690
down €19,690 (-71.3%), from €27,616 to €7,926
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 | €281,941 | €312,907 | +€30,966 | +11.0% |
| Fixed assets | 21/28 | €9,519 | €18,975 | +€9,457 | +99.3% |
| Tangible fixed assets | 22/27 | €9,519 | €18,975 | +€9,457 | +99.3% |
| Plant, machinery and equipment | 23 | €7,383 | €6,944 | -€438 | -5.9% |
| Furniture and vehicles | 24 | €2,136 | €12,031 | +€9,895 | +463.2% |
| Current assets | 29/58 | €272,422 | €293,931 | +€21,509 | +7.9% |
| Stocks and contracts in progress | 3 | €106,232 | €0 | -€106,232 | -100.0% |
| Contracts in progress | 37 | €106,232 | €0 | -€106,232 | -100.0% |
| Amounts receivable within one year | 40/41 | €154,837 | €169,452 | +€14,614 | +9.4% |
| Trade receivables | 40 | €152,849 | €156,930 | +€4,082 | +2.7% |
| Other amounts receivable | 41 | €1,989 | €12,522 | +€10,533 | +529.6% |
| Cash at bank and in hand | 54/58 | €5,189 | €119,541 | +€114,352 | +2203.7% |
| Deferred charges and accrued income | 490/1 | €6,164 | €4,938 | -€1,226 | -19.9% |
| Total equity and liabilities | 10/49 | €281,941 | €312,907 | +€30,966 | +11.0% |
| Equity | 10/15 | €59,333 | €101,933 | +€42,600 | +71.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €40,733 | €83,333 | +€42,600 | +104.6% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €40,733 | €83,333 | +€42,600 | +104.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €222,608 | €210,973 | -€11,634 | -5.2% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €222,608 | €210,973 | -€11,634 | -5.2% |
| Current portion of amounts payable after more than one year | 42 | €7,699 | €0 | -€7,699 | -100.0% |
| Trade debts | 44 | €166,743 | €141,723 | -€25,020 | -15.0% |
| Suppliers | 440/4 | €166,743 | €141,723 | -€25,020 | -15.0% |
| Taxes, remuneration and social security | 45 | €629 | €25,471 | +€24,842 | +3949.8% |
| Taxes | 450/3 | €629 | €25,471 | +€24,842 | +3949.8% |
| Other amounts payable | 47/48 | €47,536 | €43,779 | -€3,757 | -7.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,616 | €7,926 | -€19,690 | -71.3% |
| Other operating charges | 640/8 | €2,169 | €2,296 | +€127 | +5.8% |
| Gross operating margin | 9900 | €30,580 | €84,253 | +€53,673 | +175.5% |
| Operating profit (loss) | 9901 | €795 | €74,031 | +€73,236 | +9212.4% |
| Financial income | 75/76B | €759 | €830 | +€71 | +9.3% |
| Recurring financial income | 75 | €759 | €830 | +€71 | +9.3% |
| Financial charges | 65/66B | €363 | €186 | -€177 | -48.7% |
| Recurring financial charges | 65 | €363 | €186 | -€177 | -48.7% |
| Profit (loss) for the period before taxes | 9903 | €1,192 | €74,675 | +€73,483 | +6167.0% |
| Income taxes | 67/77 | €631 | €25,466 | +€24,835 | +3936.3% |
| Profit (loss) for the period | 9904 | €561 | €49,209 | +€48,648 | +8677.6% |
| Profit (loss) for the period to be appropriated | 9905 | €561 | €49,209 | +€48,648 | +8677.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.