GESTIOLEX: 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.
GESTIOLEX
Largest movements
- Receivables within one year -€127,906
down €127,906 (-86.1%), from €148,569 to €20,663
of which Other amounts receivable: -€140,611
- Financial fixed assets +€65,000
up €65,000 (+12.7%), from €511,250 to €576,250
- Cash +€8,908
up €8,908 (+73.0%), from €12,198 to €21,106
mainly Net result for the year (+€185,481) and Receivables within one year (+€127,906)
- Reserves -€86,827
down €86,827 (-14.5%), from €599,852 to €513,025
of which Distributable reserves: -€86,827
- Other debts +€46,363
up €46,363 (+919.7%), from €5,041 to €51,404
- Current portion of long-term debt -€25,028
no longer reported in 2025 (was €25,028)
- Tax, wage and social debts +€10,745
up €10,745 (+93.2%), from €11,528 to €22,273
- Financial income -€42,930
down €42,930 (-18.7%), from €229,073 to €186,142
- Taxes -€3,701
down €3,701 (-12.2%), from €30,249 to €26,548
- Gross operating margin -€1,750
down €1,750 (-5.5%), from €31,963 to €30,213
- Other operating charges -€970
down €970 (-41.8%), from €2,320 to €1,350
- Financial charges -€924
down €924 (-64.0%), from €1,443 to €519
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 | €829,058 | €773,064 | -€55,994 | -6.8% |
| Fixed assets | 21/28 | €665,649 | €728,192 | +€62,543 | +9.4% |
| Tangible fixed assets | 22/27 | €154,399 | €151,942 | -€2,457 | -1.6% |
| Land and buildings | 22 | €154,399 | €151,942 | -€2,457 | -1.6% |
| Financial fixed assets | 28 | €511,250 | €576,250 | +€65,000 | +12.7% |
| Current assets | 29/58 | €163,408 | €44,872 | -€118,536 | -72.5% |
| Amounts receivable within one year | 40/41 | €148,569 | €20,663 | -€127,906 | -86.1% |
| Trade receivables | 40 | - | €12,705 | +€12,705 | |
| Other amounts receivable | 41 | €148,569 | €7,958 | -€140,611 | -94.6% |
| Current investments | 50/53 | €2,642 | €2,642 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €12,198 | €21,106 | +€8,908 | +73.0% |
| Deferred charges and accrued income | 490/1 | - | €462 | +€462 | |
| Total equity and liabilities | 10/49 | €829,058 | €773,064 | -€55,994 | -6.8% |
| Equity | 10/15 | €785,815 | €698,989 | -€86,827 | -11.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Share premium | 1100/10 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €599,852 | €513,025 | -€86,827 | -14.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €597,992 | €511,165 | -€86,827 | -14.5% |
| Profit (loss) carried forward | 14 | €167,364 | €167,364 | = | 0.0% |
| Amounts payable | 17/49 | €43,242 | €74,075 | +€30,833 | +71.3% |
| Amounts payable within one year | 42/48 | €42,842 | €74,075 | +€31,233 | +72.9% |
| Current portion of amounts payable after more than one year | 42 | €25,028 | - | -€25,028 | |
| Trade debts | 44 | €1,245 | €398 | -€847 | -68.1% |
| Suppliers | 440/4 | €1,245 | €398 | -€847 | -68.1% |
| Taxes, remuneration and social security | 45 | €11,528 | €22,273 | +€10,745 | +93.2% |
| Taxes | 450/3 | €11,528 | €22,273 | +€10,745 | +93.2% |
| Other amounts payable | 47/48 | €5,041 | €51,404 | +€46,363 | +919.7% |
| Accrued charges and deferred income | 492/3 | €400 | - | -€400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,796 | €2,457 | -€339 | -12.1% |
| Other operating charges | 640/8 | €2,320 | €1,350 | -€970 | -41.8% |
| Gross operating margin | 9900 | €31,963 | €30,213 | -€1,750 | -5.5% |
| Operating profit (loss) | 9901 | €26,847 | €26,405 | -€442 | -1.6% |
| Financial income | 75/76B | €229,073 | €186,142 | -€42,930 | -18.7% |
| Recurring financial income | 75 | €229,073 | €186,142 | -€42,930 | -18.7% |
| Financial charges | 65/66B | €1,443 | €519 | -€924 | -64.0% |
| Recurring financial charges | 65 | €1,443 | €519 | -€924 | -64.0% |
| Profit (loss) for the period before taxes | 9903 | €254,477 | €212,029 | -€42,448 | -16.7% |
| Income taxes | 67/77 | €30,249 | €26,548 | -€3,701 | -12.2% |
| Profit (loss) for the period | 9904 | €224,228 | €185,481 | -€38,747 | -17.3% |
| Profit (loss) for the period to be appropriated | 9905 | €224,228 | €185,481 | -€38,747 | -17.3% |
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 30 September 2026 via checked.be.