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GESTIPHARMA: 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.

What changed

GESTIPHARMA

BE 0425.530.684
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€77,529
2024 · -€40,570+€118,099
Equity
€815,663
2024 · €738,134+€77,529
Cash
€409,067
2024 · €244,073+€164,994
Balance sheet total
€859,421
2024 · €767,985+€91,436

Largest movements

2024 to 2025
Assets
  • Cash +€164,994

    up €164,994 (+67.6%), from €244,073 to €409,067

    mainly Depreciation (+€77,541) and Net result for the year (+€77,529)

  • Tangible fixed assets -€72,121

    down €72,121 (-13.9%), from €519,856 to €447,735

    of which Land and buildings: -€74,330

Equity and liabilities
  • Profit (loss) carried forward +€77,529

    up €77,529 (+10.4%), from -€746,464 to -€668,935

  • Tax, wage and social debts +€14,602

    up €14,602 (+50.1%), from €29,142 to €43,744

    of which Taxes: +€15,261

Income statement
  • Gross operating margin +€85,169

    up €85,169 (+58.7%), from €144,990 to €230,159

  • Staff costs -€18,318

    down €18,318 (-21.0%), from €87,359 to €69,041

  • Depreciation -€15,436

    down €15,436 (-16.6%), from €92,977 to €77,541

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€40,570
Gross operating margin +€85,169
Staff costs +€18,318
Depreciation +€15,436
Other operating charges -€1,291
Financial income +€728
Financial charges -€247
Taxes -€14
Result 2025 €77,529

Cash bridge derived

cash 2024 to 2025

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.

From operations +€170,414
Investment -€5,420
Financing €0
Cash 2024 €244,073
Net result for the year +€77,529
Depreciation +€77,541
Receivables within one year +€1,352
Deferred charges and accrued income +€85
Trade debts -€695
Tax, wage and social debts +€14,602
Investment in fixed assets (net) -€5,420
Cash 2025 €409,067
Every line side by side 40 lines
Line Code 2024 2025 Change %
Total assets 20/58 €767,985 €859,421 +€91,436 +11.9%
Fixed assets 21/28 €519,906 €447,785 -€72,121 -13.9%
Tangible fixed assets 22/27 €519,856 €447,735 -€72,121 -13.9%
Land and buildings 22 €516,020 €441,690 -€74,330 -14.4%
Furniture and vehicles 24 €3,836 €6,045 +€2,209 +57.6%
Financial fixed assets 28 €50 €50 = 0.0%
Current assets 29/58 €248,079 €411,636 +€163,557 +65.9%
Amounts receivable within one year 40/41 €1,352 - -€1,352
Other amounts receivable 41 €1,352 - -€1,352
Cash at bank and in hand 54/58 €244,073 €409,067 +€164,994 +67.6%
Deferred charges and accrued income 490/1 €2,654 €2,569 -€85 -3.2%
Total equity and liabilities 10/49 €767,985 €859,421 +€91,436 +11.9%
Equity 10/15 €738,134 €815,663 +€77,529 +10.5%
Contributions 10/11 €1,483,978 €1,483,978 = 0.0%
Capital 10 €1,483,978 €1,483,978 = 0.0%
Issued capital 100 €1,483,978 €1,483,978 = 0.0%
Reserves 13 €620 €620 = 0.0%
Non-distributable reserves 130/1 €620 €620 = 0.0%
Legal reserve 130 €620 €620 = 0.0%
Profit (loss) carried forward 14 -€746,464 -€668,935 +€77,529 +10.4%
Amounts payable 17/49 €29,851 €43,758 +€13,907 +46.6%
Amounts payable within one year 42/48 €29,851 €43,758 +€13,907 +46.6%
Trade debts 44 €709 €14 -€695 -98.0%
Suppliers 440/4 €709 €14 -€695 -98.0%
Taxes, remuneration and social security 45 €29,142 €43,744 +€14,602 +50.1%
Taxes 450/3 €23,568 €38,829 +€15,261 +64.8%
Remuneration and social security 454/9 €5,574 €4,915 -€659 -11.8%
Remuneration, social security and pensions 62 €87,359 €69,041 -€18,318 -21.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €92,977 €77,541 -€15,436 -16.6%
Other operating charges 640/8 €5,580 €6,871 +€1,291 +23.1%
Gross operating margin 9900 €144,990 €230,159 +€85,169 +58.7%
Operating profit (loss) 9901 -€40,926 €76,706 +€117,632
Financial income 75/76B €790 €1,518 +€728 +92.2%
Recurring financial income 75 €790 €1,518 +€728 +92.2%
Financial charges 65/66B €197 €444 +€247 +125.4%
Recurring financial charges 65 €197 €444 +€247 +125.4%
Profit (loss) for the period before taxes 9903 -€40,333 €77,780 +€118,113
Income taxes 67/77 €237 €251 +€14 +5.9%
Profit (loss) for the period 9904 -€40,570 €77,529 +€118,099
Profit (loss) for the period to be appropriated 9905 -€40,570 €77,529 +€118,099

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.