GESTINSURE: 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.
GESTINSURE
Largest movements
- Tangible fixed assets -€59,657
down €59,657 (-3.1%), from €1.9m to €1.9m
of which Land and buildings: -€58,673
- Cash +€33,267
up €33,267 (+987.0%), from €3,371 to €36,638
mainly Net result for the year (+€97,468) and Depreciation (+€86,187)
- Other debts -€139,740
down €139,740 (-91.9%), from €151,974 to €12,234
- Reserves +€97,468
up €97,468 (+5.5%), from €1.8m to €1.9m
- Financial charges -€9,062
down €9,062 (-82.8%), from €10,939 to €1,877
- Taxes +€8,716
up €8,716 (+22.8%), from €38,279 to €46,995
- Gross operating margin +€6,629
up €6,629 (+2.2%), from €305,576 to €312,205
- Depreciation -€5,308
down €5,308 (-5.8%), from €91,495 to €86,187
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 | €1,989,859 | €1,952,296 | -€37,563 | -1.9% |
| Fixed assets | 21/28 | €1,931,957 | €1,872,301 | -€59,657 | -3.1% |
| Tangible fixed assets | 22/27 | €1,931,957 | €1,872,301 | -€59,657 | -3.1% |
| Land and buildings | 22 | €1,882,038 | €1,823,365 | -€58,673 | -3.1% |
| Plant, machinery and equipment | 23 | €25,196 | €23,572 | -€1,624 | -6.4% |
| Furniture and vehicles | 24 | €24,723 | €25,363 | +€641 | +2.6% |
| Current assets | 29/58 | €57,902 | €79,996 | +€22,094 | +38.2% |
| Amounts receivable within one year | 40/41 | €27,161 | €8,828 | -€18,332 | -67.5% |
| Trade receivables | 40 | €22,361 | €4,028 | -€18,332 | -82.0% |
| Other amounts receivable | 41 | €4,800 | €4,800 | = | 0.0% |
| Current investments | 50/53 | €352 | €352 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €3,371 | €36,638 | +€33,267 | +987.0% |
| Deferred charges and accrued income | 490/1 | €27,019 | €34,178 | +€7,159 | +26.5% |
| Total equity and liabilities | 10/49 | €1,989,859 | €1,952,296 | -€37,563 | -1.9% |
| Equity | 10/15 | €1,812,522 | €1,909,990 | +€97,468 | +5.4% |
| Contributions | 10/11 | €24,600 | €24,600 | = | 0.0% |
| Reserves | 13 | €1,787,922 | €1,885,390 | +€97,468 | +5.5% |
| Distributable reserves | 133 | €1,787,922 | €1,885,390 | +€97,468 | +5.5% |
| Amounts payable | 17/49 | €177,337 | €42,307 | -€135,030 | -76.1% |
| Amounts payable within one year | 42/48 | €168,379 | €40,891 | -€127,489 | -75.7% |
| Trade debts | 44 | €55 | €3,498 | +€3,444 | +6282.9% |
| Suppliers | 440/4 | €55 | €3,498 | +€3,444 | +6282.9% |
| Taxes, remuneration and social security | 45 | €16,350 | €25,158 | +€8,807 | +53.9% |
| Taxes | 450/3 | €8,279 | €16,995 | +€8,716 | +105.3% |
| Remuneration and social security | 454/9 | €8,071 | €8,163 | +€91 | +1.1% |
| Other amounts payable | 47/48 | €151,974 | €12,234 | -€139,740 | -91.9% |
| Accrued charges and deferred income | 492/3 | €8,958 | €1,416 | -€7,542 | -84.2% |
| Remuneration, social security and pensions | 62 | €69,119 | €67,895 | -€1,224 | -1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €91,495 | €86,187 | -€5,308 | -5.8% |
| Other operating charges | 640/8 | €12,266 | €11,797 | -€469 | -3.8% |
| Gross operating margin | 9900 | €305,576 | €312,205 | +€6,629 | +2.2% |
| Operating profit (loss) | 9901 | €132,696 | €146,326 | +€13,630 | +10.3% |
| Financial income | 75/76B | €498 | €13 | -€484 | -97.3% |
| Recurring financial income | 75 | €498 | €13 | -€484 | -97.3% |
| Financial charges | 65/66B | €10,939 | €1,877 | -€9,062 | -82.8% |
| Recurring financial charges | 65 | €10,939 | €1,877 | -€9,062 | -82.8% |
| Profit (loss) for the period before taxes | 9903 | €122,255 | €144,463 | +€22,208 | +18.2% |
| Income taxes | 67/77 | €38,279 | €46,995 | +€8,716 | +22.8% |
| Profit (loss) for the period | 9904 | €83,976 | €97,468 | +€13,492 | +16.1% |
| Profit (loss) for the period to be appropriated | 9905 | €83,976 | €97,468 | +€13,492 | +16.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.