GESTIER LODGY: 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.
GESTIER LODGY
Largest movements
- Receivables within one year +€345,323
up €345,323 (+186%), from €185,798 to €531,121
of which Trade receivables: +€234,150
- Deferred charges and accrued income -€43,479
down €43,479 (-93.1%), from €46,716 to €3,237
- Tangible fixed assets +€24,904
up €24,904 (+59.9%), from €41,560 to €66,465
of which Furniture and vehicles: +€20,231
- Intangible fixed assets -€17,652
down €17,652 (-10.8%), from €163,687 to €146,035
- Cash -€16,930
down €16,930 (-49.0%), from €34,556 to €17,626
mainly Receivables within one year (-€345,323) and Investment in fixed assets (net) (-€44,484)
- Trade debts +€155,043
up €155,043 (+57.4%), from €270,123 to €425,166
- Tax, wage and social debts +€82,378
up €82,378 (+769%), from €10,706 to €93,084
of which Taxes: +€42,709
- Short-term financial debts +€75,000
new in 2025: €75,000
- Debts after one year -€32,571
down €32,571 (-25.0%), from €130,040 to €97,469
of which Other amounts payable: -€43,750
- Other debts -€11,548
down €11,548 (-17.4%), from €66,456 to €54,909
- Gross operating margin +€93,694
up €93,694 (+107%), from €87,213 to €180,907
- Staff costs +€57,349
up €57,349 (+91.8%), from €62,504 to €119,852
- Depreciation +€19,754
up €19,754 (+109%), from €18,049 to €37,803
- Other operating charges +€9,077
up €9,077 (+2,492%), from €364 to €9,441
- Financial charges +€6,349
up €6,349 (+177%), from €3,594 to €9,944
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 | €517,205 | €793,249 | +€276,044 | +53.4% |
| Formation expenses | 20 | €1,870 | €1,299 | -€572 | -30.6% |
| Fixed assets | 21/28 | €207,460 | €214,713 | +€7,253 | +3.5% |
| Intangible fixed assets | 21 | €163,687 | €146,035 | -€17,652 | -10.8% |
| Tangible fixed assets | 22/27 | €41,560 | €66,465 | +€24,904 | +59.9% |
| Plant, machinery and equipment | 23 | €21,831 | €18,034 | -€3,797 | -17.4% |
| Furniture and vehicles | 24 | €19,729 | €39,960 | +€20,231 | +103% |
| Leasing and similar rights | 25 | - | €8,470 | +€8,470 | |
| Financial fixed assets | 28 | €2,213 | €2,213 | = | 0.0% |
| Current assets | 29/58 | €307,875 | €577,238 | +€269,363 | +87.5% |
| Stocks and contracts in progress | 3 | €40,805 | €25,254 | -€15,552 | -38.1% |
| Stocks | 30/36 | €40,805 | €25,254 | -€15,552 | -38.1% |
| Amounts receivable within one year | 40/41 | €185,798 | €531,121 | +€345,323 | +186% |
| Trade receivables | 40 | €185,798 | €419,949 | +€234,150 | +126% |
| Other amounts receivable | 41 | - | €111,173 | +€111,173 | |
| Cash at bank and in hand | 54/58 | €34,556 | €17,626 | -€16,930 | -49.0% |
| Deferred charges and accrued income | 490/1 | €46,716 | €3,237 | -€43,479 | -93.1% |
| Total equity and liabilities | 10/49 | €517,205 | €793,249 | +€276,044 | +53.4% |
| Equity | 10/15 | €30,494 | €31,362 | +€868 | +2.8% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €494 | €1,362 | +€868 | +176% |
| Amounts payable | 17/49 | €486,711 | €761,887 | +€275,176 | +56.5% |
| Amounts payable after more than one year | 17 | €130,040 | €97,469 | -€32,571 | -25.0% |
| Financial debts | 170/4 | €86,290 | €97,469 | +€11,179 | +13.0% |
| Other amounts payable | 178/9 | €43,750 | - | -€43,750 | |
| Amounts payable within one year | 42/48 | €356,670 | €664,418 | +€307,747 | +86.3% |
| Current portion of amounts payable after more than one year | 42 | €9,385 | €16,259 | +€6,874 | +73.2% |
| Financial debts | 43 | - | €75,000 | +€75,000 | |
| Credit institutions | 430/8 | - | €75,000 | +€75,000 | |
| Trade debts | 44 | €270,123 | €425,166 | +€155,043 | +57.4% |
| Suppliers | 440/4 | €270,123 | €425,166 | +€155,043 | +57.4% |
| Taxes, remuneration and social security | 45 | €10,706 | €93,084 | +€82,378 | +769% |
| Taxes | 450/3 | €10,706 | €53,415 | +€42,709 | +399% |
| Remuneration and social security | 454/9 | - | €39,669 | +€39,669 | |
| Other amounts payable | 47/48 | €66,456 | €54,909 | -€11,548 | -17.4% |
| Remuneration, social security and pensions | 62 | €62,504 | €119,852 | +€57,349 | +91.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,049 | €37,803 | +€19,754 | +109% |
| Other operating charges | 640/8 | €364 | €9,441 | +€9,077 | +2,492% |
| Gross operating margin | 9900 | €87,213 | €180,907 | +€93,694 | +107% |
| Operating profit (loss) | 9901 | €6,295 | €13,810 | +€7,515 | +119% |
| Financial income | 75/76B | €2 | €1 | -€0 | -26.4% |
| Recurring financial income | 75 | €2 | €1 | -€0 | -26.4% |
| Financial charges | 65/66B | €3,594 | €9,944 | +€6,349 | +177% |
| Recurring financial charges | 65 | €3,594 | €9,944 | +€6,349 | +177% |
| Profit (loss) for the period before taxes | 9903 | €2,703 | €3,868 | +€1,165 | +43.1% |
| Income taxes | 67/77 | €2,208 | €3,000 | +€792 | +35.8% |
| Profit (loss) for the period | 9904 | €494 | €868 | +€374 | +75.6% |
| Profit (loss) for the period to be appropriated | 9905 | €494 | €868 | +€374 | +75.6% |
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 30 October 2026 via checked.be.