GESTION, HOLDING, INFORMATIQUE: 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.
GESTION, HOLDING, INFORMATIQUE
Largest movements
- Tangible fixed assets -€140,266
down €140,266 (-26.8%), from €523,043 to €382,777
of which Furniture and vehicles: -€116,121
- Cash -€46,647
down €46,647 (-95.9%), from €48,650 to €2,004
mainly Debts after one year (-€132,500) and Other debts (-€59,832)
- Debts after one year -€132,500
down €132,500 (-44.9%), from €295,000 to €162,500
- Other debts -€59,832
down €59,832 (-84.7%), from €70,618 to €10,786
- Other operating charges -€8,224
down €8,224 (-60.8%), from €13,516 to €5,292
- Gross operating margin +€7,706
up €7,706 (+30.5%), from €25,229 to €32,935
- Depreciation -€5,423
down €5,423 (-17.8%), from €30,388 to €24,965
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 | €574,789 | €384,780 | -€190,009 | -33.1% |
| Fixed assets | 21/28 | €523,043 | €382,777 | -€140,266 | -26.8% |
| Tangible fixed assets | 22/27 | €523,043 | €382,777 | -€140,266 | -26.8% |
| Land and buildings | 22 | €406,442 | €382,296 | -€24,145 | -5.9% |
| Furniture and vehicles | 24 | €116,601 | €480 | -€116,121 | -99.6% |
| Current assets | 29/58 | €51,746 | €2,004 | -€49,742 | -96.1% |
| Amounts receivable within one year | 40/41 | €2,151 | - | -€2,151 | |
| Trade receivables | 40 | €2,151 | - | -€2,151 | |
| Cash at bank and in hand | 54/58 | €48,650 | €2,004 | -€46,647 | -95.9% |
| Deferred charges and accrued income | 490/1 | €945 | - | -€945 | |
| Total equity and liabilities | 10/49 | €574,789 | €384,780 | -€190,009 | -33.1% |
| Equity | 10/15 | €200,068 | €203,221 | +€3,153 | +1.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €138,068 | €141,221 | +€3,153 | +2.3% |
| Non-distributable reserves | 130/1 | €30,000 | €30,000 | = | 0.0% |
| Legal reserve | 130 | €30,000 | €30,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €16,791 | €15,269 | -€1,522 | -9.1% |
| Distributable reserves | 133 | €91,277 | €95,952 | +€4,675 | +5.1% |
| Provisions and deferred taxes | 16 | €8,646 | €7,862 | -€784 | -9.1% |
| Deferred taxes | 168 | €8,646 | €7,862 | -€784 | -9.1% |
| Amounts payable | 17/49 | €366,075 | €173,697 | -€192,378 | -52.6% |
| Amounts payable after more than one year | 17 | €295,000 | €162,500 | -€132,500 | -44.9% |
| Other amounts payable | 178/9 | €295,000 | €162,500 | -€132,500 | -44.9% |
| Amounts payable within one year | 42/48 | €71,075 | €11,197 | -€59,878 | -84.2% |
| Trade debts | 44 | €407 | €15 | -€392 | -96.3% |
| Suppliers | 440/4 | €407 | €15 | -€392 | -96.3% |
| Taxes, remuneration and social security | 45 | €50 | €396 | +€346 | +692% |
| Taxes | 450/3 | €50 | €396 | +€346 | +692% |
| Other amounts payable | 47/48 | €70,618 | €10,786 | -€59,832 | -84.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,388 | €24,965 | -€5,423 | -17.8% |
| Other operating charges | 640/8 | €13,516 | €5,292 | -€8,224 | -60.8% |
| Gross operating margin | 9900 | €25,229 | €32,935 | +€7,706 | +30.5% |
| Operating profit (loss) | 9901 | -€18,675 | €2,678 | +€21,353 | |
| Financial income | 75/76B | €313 | €180 | -€132 | -42.3% |
| Recurring financial income | 75 | €313 | €180 | -€132 | -42.3% |
| Financial charges | 65/66B | €36 | €40 | +€4 | +9.8% |
| Recurring financial charges | 65 | €36 | €40 | +€4 | +9.8% |
| Profit (loss) for the period before taxes | 9903 | -€18,398 | €2,819 | +€21,217 | |
| Transfer from deferred taxes | 780 | €784 | €784 | = | 0.0% |
| Income taxes | 67/77 | €158 | €450 | +€292 | +185% |
| Profit (loss) for the period | 9904 | -€17,772 | €3,153 | +€20,925 | |
| Transfer from tax-exempt reserves | 789 | €1,522 | €1,522 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,250 | €4,675 | +€20,925 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.