GESTIONIS: 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.
GESTIONIS
Largest movements
- Tangible fixed assets -€70,199
down €70,199 (-6.4%), from €1.1m to €1.0m
of which Land and buildings: -€50,528
- Debts after one year -€66,011
down €66,011 (-15.5%), from €425,516 to €359,505
- Other debts +€42,801
up €42,801 (+51.8%), from €82,573 to €125,374
- Short-term financial debts -€30,000
down €30,000 (-25.0%), from €120,000 to €90,000
- Reserves -€15,606
down €15,606 (-5.7%), from €273,898 to €258,292
of which Distributable reserves: -€15,606
- Financial income -€24,755
no longer reported in 2025 (was €24,755)
of which Financial income: -€24,755
- Depreciation -€7,610
down €7,610 (-9.2%), from €82,525 to €74,915
- Taxes -€5,997
down €5,997 (-24.5%), from €24,498 to €18,501
- Gross operating margin -€4,341
down €4,341 (-2.2%), from €195,352 to €191,011
- Financial charges -€2,153
down €2,153 (-8.9%), from €24,248 to €22,095
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 | €1,204,264 | €1,135,259 | -€69,005 | -5.7% |
| Fixed assets | 21/28 | €1,094,496 | €1,024,297 | -€70,199 | -6.4% |
| Tangible fixed assets | 22/27 | €1,094,496 | €1,024,297 | -€70,199 | -6.4% |
| Land and buildings | 22 | €1,002,817 | €952,289 | -€50,528 | -5.0% |
| Plant, machinery and equipment | 23 | €10,969 | €6,771 | -€4,198 | -38.3% |
| Furniture and vehicles | 24 | €80,711 | €65,237 | -€15,474 | -19.2% |
| Current assets | 29/58 | €109,767 | €110,961 | +€1,194 | +1.1% |
| Amounts receivable within one year | 40/41 | €57,026 | €66,052 | +€9,025 | +15.8% |
| Trade receivables | 40 | €52,938 | €57,475 | +€4,538 | +8.6% |
| Other amounts receivable | 41 | €4,089 | €8,577 | +€4,488 | +109.8% |
| Cash at bank and in hand | 54/58 | €49,465 | €41,322 | -€8,143 | -16.5% |
| Deferred charges and accrued income | 490/1 | €3,276 | €3,587 | +€311 | +9.5% |
| Total equity and liabilities | 10/49 | €1,204,264 | €1,135,259 | -€69,005 | -5.7% |
| Equity | 10/15 | €475,685 | €460,079 | -€15,606 | -3.3% |
| Contributions | 10/11 | €148,736 | €148,736 | = | 0.0% |
| Capital | 10 | €148,736 | €148,736 | = | 0.0% |
| Issued capital | 100 | €148,736 | €148,736 | = | 0.0% |
| Reserves | 13 | €273,898 | €258,292 | -€15,606 | -5.7% |
| Non-distributable reserves | 130/1 | €14,874 | €14,874 | = | 0.0% |
| Legal reserve | 130 | €14,874 | €14,874 | = | 0.0% |
| Distributable reserves | 133 | €259,025 | €243,419 | -€15,606 | -6.0% |
| Profit (loss) carried forward | 14 | €53,051 | €53,051 | = | 0.0% |
| Amounts payable | 17/49 | €728,578 | €675,179 | -€53,399 | -7.3% |
| Amounts payable after more than one year | 17 | €425,516 | €359,505 | -€66,011 | -15.5% |
| Financial debts | 170/4 | €425,516 | €359,505 | -€66,011 | -15.5% |
| Amounts payable within one year | 42/48 | €300,078 | €308,985 | +€8,907 | +3.0% |
| Current portion of amounts payable after more than one year | 42 | €64,506 | €66,011 | +€1,504 | +2.3% |
| Financial debts | 43 | €120,000 | €90,000 | -€30,000 | -25.0% |
| Other loans | 439 | €120,000 | €90,000 | -€30,000 | -25.0% |
| Trade debts | 44 | €7,900 | €1,931 | -€5,970 | -75.6% |
| Suppliers | 440/4 | €7,900 | €1,931 | -€5,970 | -75.6% |
| Taxes, remuneration and social security | 45 | €25,098 | €25,670 | +€571 | +2.3% |
| Taxes | 450/3 | €21,669 | €22,148 | +€479 | +2.2% |
| Remuneration and social security | 454/9 | €3,430 | €3,522 | +€92 | +2.7% |
| Other amounts payable | 47/48 | €82,573 | €125,374 | +€42,801 | +51.8% |
| Accrued charges and deferred income | 492/3 | €2,984 | €6,689 | +€3,705 | +124.1% |
| Remuneration, social security and pensions | 62 | €23,118 | €25,075 | +€1,958 | +8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €82,525 | €74,915 | -€7,610 | -9.2% |
| Other operating charges | 640/8 | €4,852 | €4,647 | -€205 | -4.2% |
| Gross operating margin | 9900 | €195,352 | €191,011 | -€4,341 | -2.2% |
| Operating profit (loss) | 9901 | €84,858 | €86,374 | +€1,515 | +1.8% |
| Financial income | 75/76B | €24,755 | - | -€24,755 | |
| Recurring financial income | 75 | €24,755 | - | -€24,755 | |
| Non-recurring financial income | 76B | €24,755 | - | -€24,755 | |
| Financial charges | 65/66B | €24,248 | €22,095 | -€2,153 | -8.9% |
| Recurring financial charges | 65 | €24,248 | €22,095 | -€2,153 | -8.9% |
| Profit (loss) for the period before taxes | 9903 | €85,366 | €64,279 | -€21,087 | -24.7% |
| Income taxes | 67/77 | €24,498 | €18,501 | -€5,997 | -24.5% |
| Profit (loss) for the period | 9904 | €60,868 | €45,778 | -€15,090 | -24.8% |
| Profit (loss) for the period to be appropriated | 9905 | €60,868 | €45,778 | -€15,090 | -24.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.