GESTLEDER: 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.
GESTLEDER
Largest movements
- Intangible fixed assets +€50,000
new in 2025: €50,000
- Trade debts +€50,005
up €50,005 (+46215.6%), from €108 to €50,113
- Gross operating margin -€1,006
down €1,006 (-30.5%), from -€3,297 to -€4,303
- Financial charges -€204
no longer reported in 2025 (was €204)
- Other operating charges -€97
down €97 (-46.0%), from €211 to €114
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 | €535,577 | €581,015 | +€45,438 | +8.5% |
| Fixed assets | 21/28 | €520,576 | €570,576 | +€50,000 | +9.6% |
| Intangible fixed assets | 21 | - | €50,000 | +€50,000 | |
| Financial fixed assets | 28 | €520,576 | €520,576 | = | 0.0% |
| Current assets | 29/58 | €15,000 | €10,438 | -€4,562 | -30.4% |
| Cash at bank and in hand | 54/58 | €15,000 | €10,438 | -€4,562 | -30.4% |
| Total equity and liabilities | 10/49 | €535,577 | €581,015 | +€45,438 | +8.5% |
| Equity | 10/15 | €535,318 | €530,901 | -€4,417 | -0.8% |
| Reserves | 13 | €46,531 | €46,531 | = | 0.0% |
| Non-distributable reserves | 130/1 | €46,531 | €46,531 | = | 0.0% |
| Reserves not available under the articles | 1311 | €46,531 | €46,531 | = | 0.0% |
| Profit (loss) carried forward | 14 | €488,788 | €484,370 | -€4,417 | -0.9% |
| Amounts payable | 17/49 | €258 | €50,113 | +€49,855 | +19308.8% |
| Amounts payable within one year | 42/48 | €258 | €50,113 | +€49,855 | +19308.8% |
| Trade debts | 44 | €108 | €50,113 | +€50,005 | +46215.6% |
| Suppliers | 440/4 | €108 | €50,113 | +€50,005 | +46215.6% |
| Other amounts payable | 47/48 | €150 | - | -€150 | |
| Other operating charges | 640/8 | €211 | €114 | -€97 | -46.0% |
| Gross operating margin | 9900 | -€3,297 | -€4,303 | -€1,006 | -30.5% |
| Operating profit (loss) | 9901 | -€3,508 | -€4,417 | -€909 | -25.9% |
| Financial charges | 65/66B | €204 | - | -€204 | |
| Recurring financial charges | 65 | €204 | - | -€204 | |
| Profit (loss) for the period before taxes | 9903 | -€3,711 | -€4,417 | -€706 | -19.0% |
| Profit (loss) for the period | 9904 | -€3,711 | -€4,417 | -€706 | -19.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,711 | -€4,417 | -€706 | -19.0% |
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.