GESTINAM: 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.
GESTINAM
Largest movements
- Receivables within one year -€4,305
down €4,305 (-20.6%), from €20,887 to €16,582
of which Trade receivables: -€3,584
- Cash +€1,938
new in 2024: €1,938
mainly Receivables within one year (+€4,305) and Tax, wage and social debts (+€897)
- Deferred charges and accrued income -€676
no longer reported in 2024 (was €676)
- Trade debts -€3,363
down €3,363 (-14.3%), from €23,503 to €20,140
- Short-term financial debts -€971
no longer reported in 2024 (was €971)
- Tax, wage and social debts +€897
up €897 (+16.5%), from €5,424 to €6,321
- Profit (loss) carried forward +€395
up €395 (+2.1%), from -€18,386 to -€17,991
- Gross operating margin -€2,083
down €2,083 (-40.1%), from €5,191 to €3,108
- Financial charges -€665
down €665 (-64.0%), from €1,038 to €373
- Other operating charges -€602
down €602 (-28.3%), from €2,131 to €1,529
- Taxes -€255
down €255 (-23.4%), from €1,092 to €836
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €21,572 | €18,529 | -€3,043 | -14.1% |
| Current assets | 29/58 | €21,572 | €18,529 | -€3,043 | -14.1% |
| Amounts receivable within one year | 40/41 | €20,887 | €16,582 | -€4,305 | -20.6% |
| Trade receivables | 40 | €16,477 | €12,893 | -€3,584 | -21.8% |
| Other amounts receivable | 41 | €4,410 | €3,689 | -€721 | -16.4% |
| Current investments | 50/53 | €9 | €9 | = | 0.0% |
| Cash at bank and in hand | 54/58 | - | €1,938 | +€1,938 | |
| Deferred charges and accrued income | 490/1 | €676 | - | -€676 | |
| Total equity and liabilities | 10/49 | €21,572 | €18,529 | -€3,043 | -14.1% |
| Equity | 10/15 | -€10,326 | -€9,931 | +€395 | +3.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,386 | -€17,991 | +€395 | +2.1% |
| Provisions and deferred taxes | 16 | €2,000 | €2,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €2,000 | €2,000 | = | 0.0% |
| Other liabilities and charges | 164/5 | €2,000 | €2,000 | = | 0.0% |
| Amounts payable | 17/49 | €29,898 | €26,460 | -€3,437 | -11.5% |
| Amounts payable within one year | 42/48 | €29,898 | €26,460 | -€3,437 | -11.5% |
| Financial debts | 43 | €971 | - | -€971 | |
| Credit institutions | 430/8 | €971 | - | -€971 | |
| Trade debts | 44 | €23,503 | €20,140 | -€3,363 | -14.3% |
| Suppliers | 440/4 | €23,503 | €20,140 | -€3,363 | -14.3% |
| Taxes, remuneration and social security | 45 | €5,424 | €6,321 | +€897 | +16.5% |
| Taxes | 450/3 | €5,424 | €6,321 | +€897 | +16.5% |
| Other operating charges | 640/8 | €2,131 | €1,529 | -€602 | -28.3% |
| Gross operating margin | 9900 | €5,191 | €3,108 | -€2,083 | -40.1% |
| Operating profit (loss) | 9901 | €3,060 | €1,580 | -€1,480 | -48.4% |
| Financial income | 75/76B | €16 | €25 | +€8 | +51.9% |
| Recurring financial income | 75 | €16 | €25 | +€8 | +51.9% |
| Financial charges | 65/66B | €1,038 | €373 | -€665 | -64.0% |
| Recurring financial charges | 65 | €1,038 | €373 | -€665 | -64.0% |
| Profit (loss) for the period before taxes | 9903 | €2,038 | €1,231 | -€807 | -39.6% |
| Income taxes | 67/77 | €1,092 | €836 | -€255 | -23.4% |
| Profit (loss) for the period | 9904 | €946 | €395 | -€552 | -58.3% |
| Profit (loss) for the period to be appropriated | 9905 | €946 | €395 | -€552 | -58.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.