GESTIS: 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.
GESTIS
Largest movements
- Tangible fixed assets -€42,324
down €42,324 (-9.4%), from €449,458 to €407,134
of which Other tangible fixed assets: -€25,898
- Debts after one year -€28,918
down €28,918 (-10.8%), from €268,033 to €239,115
- Other debts -€6,358
down €6,358 (-2.3%), from €275,300 to €268,941
- Current portion of long-term debt -€5,421
down €5,421 (-15.8%), from €34,339 to €28,918
- Gross operating margin -€2,879
down €2,879 (-5.7%), from €50,227 to €47,348
- Other operating charges -€902
down €902 (-40.1%), from €2,247 to €1,345
- Financial charges -€675
down €675 (-15.0%), from €4,515 to €3,840
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 | €483,553 | €438,247 | -€45,306 | -9.4% |
| Fixed assets | 21/28 | €450,393 | €407,134 | -€43,259 | -9.6% |
| Intangible fixed assets | 21 | €934 | - | -€934 | |
| Tangible fixed assets | 22/27 | €449,458 | €407,134 | -€42,324 | -9.4% |
| Land and buildings | 22 | €60,315 | €55,988 | -€4,327 | -7.2% |
| Furniture and vehicles | 24 | €24,938 | €12,839 | -€12,099 | -48.5% |
| Other tangible fixed assets | 26 | €364,205 | €338,307 | -€25,898 | -7.1% |
| Current assets | 29/58 | €33,160 | €31,113 | -€2,047 | -6.2% |
| Amounts receivable within one year | 40/41 | €5,328 | €5,868 | +€541 | +10.1% |
| Trade receivables | 40 | €3,091 | €1,869 | -€1,222 | -39.5% |
| Other amounts receivable | 41 | €2,236 | €3,999 | +€1,763 | +78.8% |
| Cash at bank and in hand | 54/58 | €23,799 | €21,061 | -€2,738 | -11.5% |
| Deferred charges and accrued income | 490/1 | €4,033 | €4,183 | +€150 | +3.7% |
| Total equity and liabilities | 10/49 | €483,553 | €438,247 | -€45,306 | -9.4% |
| Equity | 10/15 | -€104,379 | -€109,170 | -€4,791 | -4.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€124,379 | -€129,170 | -€4,791 | -3.9% |
| Amounts payable | 17/49 | €587,931 | €547,416 | -€40,515 | -6.9% |
| Amounts payable after more than one year | 17 | €268,033 | €239,115 | -€28,918 | -10.8% |
| Financial debts | 170/4 | €268,033 | €239,115 | -€28,918 | -10.8% |
| Amounts payable within one year | 42/48 | €319,898 | €308,302 | -€11,597 | -3.6% |
| Current portion of amounts payable after more than one year | 42 | €34,339 | €28,918 | -€5,421 | -15.8% |
| Trade debts | 44 | €10,260 | €10,442 | +€182 | +1.8% |
| Suppliers | 440/4 | €10,260 | €10,442 | +€182 | +1.8% |
| Other amounts payable | 47/48 | €275,300 | €268,941 | -€6,358 | -2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,715 | €47,305 | -€410 | -0.9% |
| Other operating charges | 640/8 | €2,247 | €1,345 | -€902 | -40.1% |
| Gross operating margin | 9900 | €50,227 | €47,348 | -€2,879 | -5.7% |
| Operating profit (loss) | 9901 | €266 | -€1,301 | -€1,567 | |
| Financial income | 75/76B | - | €350 | +€350 | |
| Recurring financial income | 75 | - | €350 | +€350 | |
| Financial charges | 65/66B | €4,515 | €3,840 | -€675 | -15.0% |
| Recurring financial charges | 65 | €4,515 | €3,840 | -€675 | -15.0% |
| Profit (loss) for the period before taxes | 9903 | -€4,250 | -€4,791 | -€542 | -12.7% |
| Profit (loss) for the period | 9904 | -€4,250 | -€4,791 | -€542 | -12.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,250 | -€4,791 | -€542 | -12.7% |
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 12 October 2026 via checked.be.