GESTI CONSEILS: 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.
GESTI CONSEILS
Largest movements
- Current investments +€80,000
up €80,000 (+66.7%), from €120,000 to €200,000
- Cash +€51,650
up €51,650 (+70.6%), from €73,137 to €124,787
mainly Net result for the year (+€105,701) and Trade debts (+€28,306)
- Receivables within one year -€6,436
down €6,436 (-2.9%), from €223,366 to €216,930
of which Trade receivables: -€6,423
- Profit (loss) carried forward +€85,701
up €85,701, from -€47,965 to €37,736
- Trade debts +€28,306
up €28,306 (+29.8%), from €94,878 to €123,185
- Tax, wage and social debts +€12,731
up €12,731 (+13.4%), from €95,215 to €107,946
of which Taxes: +€13,649
- Debts after one year -€9,371
down €9,371 (-15.0%), from €62,361 to €52,990
- Gross operating margin +€84,202
up €84,202 (+17.3%), from €486,679 to €570,880
- Staff costs +€23,162
up €23,162 (+6.1%), from €376,616 to €399,778
- Taxes +€17,784
up €17,784 (+106%), from €16,815 to €34,600
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 | €497,943 | €614,891 | +€116,948 | +23.5% |
| Fixed assets | 21/28 | €72,318 | €68,414 | -€3,904 | -5.4% |
| Intangible fixed assets | 21 | €3,616 | €766 | -€2,850 | -78.8% |
| Tangible fixed assets | 22/27 | €63,152 | €62,098 | -€1,054 | -1.7% |
| Plant, machinery and equipment | 23 | €5,537 | €12,874 | +€7,337 | +133% |
| Furniture and vehicles | 24 | €5,837 | €3,967 | -€1,870 | -32.0% |
| Other tangible fixed assets | 26 | €51,778 | €45,257 | -€6,521 | -12.6% |
| Financial fixed assets | 28 | €5,550 | €5,550 | = | 0.0% |
| Current assets | 29/58 | €425,625 | €546,476 | +€120,852 | +28.4% |
| Amounts receivable within one year | 40/41 | €223,366 | €216,930 | -€6,436 | -2.9% |
| Trade receivables | 40 | €219,427 | €213,004 | -€6,423 | -2.9% |
| Other amounts receivable | 41 | €3,939 | €3,926 | -€13 | -0.3% |
| Current investments | 50/53 | €120,000 | €200,000 | +€80,000 | +66.7% |
| Cash at bank and in hand | 54/58 | €73,137 | €124,787 | +€51,650 | +70.6% |
| Deferred charges and accrued income | 490/1 | €9,121 | €4,759 | -€4,362 | -47.8% |
| Total equity and liabilities | 10/49 | €497,943 | €614,891 | +€116,948 | +23.5% |
| Equity | 10/15 | €207,988 | €293,689 | +€85,701 | +41.2% |
| Contributions | 10/11 | €254,094 | €254,094 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€47,965 | €37,736 | +€85,701 | |
| Amounts payable | 17/49 | €289,954 | €321,202 | +€31,247 | +10.8% |
| Amounts payable after more than one year | 17 | €62,361 | €52,990 | -€9,371 | -15.0% |
| Financial debts | 170/4 | €62,361 | €52,990 | -€9,371 | -15.0% |
| Amounts payable within one year | 42/48 | €227,594 | €268,211 | +€40,618 | +17.8% |
| Financial debts | 43 | €10,848 | €10,909 | +€61 | +0.6% |
| Credit institutions | 430/8 | €10,848 | €10,909 | +€61 | +0.6% |
| Trade debts | 44 | €94,878 | €123,185 | +€28,306 | +29.8% |
| Suppliers | 440/4 | €94,878 | €123,185 | +€28,306 | +29.8% |
| Taxes, remuneration and social security | 45 | €95,215 | €107,946 | +€12,731 | +13.4% |
| Taxes | 450/3 | €51,589 | €65,239 | +€13,649 | +26.5% |
| Remuneration and social security | 454/9 | €43,626 | €42,707 | -€919 | -2.1% |
| Other amounts payable | 47/48 | €26,652 | €26,172 | -€480 | -1.8% |
| Remuneration, social security and pensions | 62 | €376,616 | €399,778 | +€23,162 | +6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,537 | €14,734 | -€803 | -5.2% |
| Other operating charges | 640/8 | €7,493 | €7,246 | -€247 | -3.3% |
| Non-recurring operating charges | 66A | €58 | - | -€58 | |
| Gross operating margin | 9900 | €486,679 | €570,880 | +€84,202 | +17.3% |
| Operating profit (loss) | 9901 | €86,975 | €149,123 | +€62,148 | +71.5% |
| Financial income | 75/76B | €642 | €2,076 | +€1,435 | +224% |
| Recurring financial income | 75 | €642 | €2,076 | +€1,435 | +224% |
| Financial charges | 65/66B | €11,952 | €10,899 | -€1,054 | -8.8% |
| Recurring financial charges | 65 | €11,952 | €10,899 | -€1,054 | -8.8% |
| Profit (loss) for the period before taxes | 9903 | €75,664 | €140,300 | +€64,636 | +85.4% |
| Income taxes | 67/77 | €16,815 | €34,600 | +€17,784 | +106% |
| Profit (loss) for the period | 9904 | €58,849 | €105,701 | +€46,852 | +79.6% |
| Profit (loss) for the period to be appropriated | 9905 | €58,849 | €105,701 | +€46,852 | +79.6% |
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 19 October 2026 via checked.be.