GESTION P & L: 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 P & L
Largest movements
- Intangible fixed assets -€5,687
no longer reported in 2025 (was €5,687)
- Deferred charges and accrued income -€2,480
down €2,480 (-30.7%), from €8,087 to €5,607
- Cash -€1,850
down €1,850 (-79.5%), from €2,328 to €478
mainly Current portion of long-term debt (-€10,968) and Net result for the year (-€3,770)
- Receivables within one year -€914
down €914 (-9.8%), from €9,371 to €8,457
of which Other amounts receivable: -€2,027
- Current portion of long-term debt -€10,968
no longer reported in 2025 (was €10,968)
- Profit (loss) carried forward -€3,770
down €3,770, from €2,649 to -€1,121
- Trade debts +€3,715
up €3,715 (+196%), from €1,899 to €5,614
- Depreciation -€18,418
down €18,418 (-68.8%), from €26,758 to €8,340
- Gross operating margin -€7,694
down €7,694 (-51.6%), from €14,901 to €7,207
- Other operating charges +€678
up €678 (+67.3%), from €1,008 to €1,686
- Financial charges -€307
down €307 (-50.8%), from €604 to €297
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 | €55,395 | €44,682 | -€10,713 | -19.3% |
| Fixed assets | 21/28 | €35,609 | €30,140 | -€5,469 | -15.4% |
| Intangible fixed assets | 21 | €5,687 | - | -€5,687 | |
| Tangible fixed assets | 22/27 | €29,922 | €30,140 | +€218 | +0.7% |
| Furniture and vehicles | 24 | €19,586 | €21,815 | +€2,229 | +11.4% |
| Other tangible fixed assets | 26 | €10,336 | €8,325 | -€2,011 | -19.5% |
| Current assets | 29/58 | €19,786 | €14,542 | -€5,244 | -26.5% |
| Amounts receivable within one year | 40/41 | €9,371 | €8,457 | -€914 | -9.8% |
| Trade receivables | 40 | €4,344 | €5,457 | +€1,113 | +25.6% |
| Other amounts receivable | 41 | €5,027 | €3,000 | -€2,027 | -40.3% |
| Cash at bank and in hand | 54/58 | €2,328 | €478 | -€1,850 | -79.5% |
| Deferred charges and accrued income | 490/1 | €8,087 | €5,607 | -€2,480 | -30.7% |
| Total equity and liabilities | 10/49 | €55,395 | €44,682 | -€10,713 | -19.3% |
| Equity | 10/15 | €40,709 | €36,939 | -€3,770 | -9.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €31,860 | €31,860 | = | 0.0% |
| 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 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,649 | -€1,121 | -€3,770 | |
| Amounts payable | 17/49 | €14,686 | €7,743 | -€6,943 | -47.3% |
| Amounts payable within one year | 42/48 | €14,686 | €7,677 | -€7,009 | -47.7% |
| Current portion of amounts payable after more than one year | 42 | €10,968 | - | -€10,968 | |
| Trade debts | 44 | €1,899 | €5,614 | +€3,715 | +196% |
| Suppliers | 440/4 | €1,899 | €5,614 | +€3,715 | +196% |
| Taxes, remuneration and social security | 45 | €1,727 | €1,995 | +€268 | +15.5% |
| Taxes | 450/3 | €1,727 | €1,995 | +€268 | +15.5% |
| Other amounts payable | 47/48 | €92 | €68 | -€24 | -26.1% |
| Accrued charges and deferred income | 492/3 | - | €66 | +€66 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,758 | €8,340 | -€18,418 | -68.8% |
| Other operating charges | 640/8 | €1,008 | €1,686 | +€678 | +67.3% |
| Gross operating margin | 9900 | €14,901 | €7,207 | -€7,694 | -51.6% |
| Operating profit (loss) | 9901 | -€12,865 | -€2,819 | +€10,046 | +78.1% |
| Financial charges | 65/66B | €604 | €297 | -€307 | -50.8% |
| Recurring financial charges | 65 | €604 | €297 | -€307 | -50.8% |
| Profit (loss) for the period before taxes | 9903 | -€13,469 | -€3,116 | +€10,353 | +76.9% |
| Income taxes | 67/77 | €563 | €654 | +€91 | +16.2% |
| Profit (loss) for the period | 9904 | -€14,032 | -€3,770 | +€10,262 | +73.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,032 | -€3,770 | +€10,262 | +73.1% |
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 29 October 2026 via checked.be.