GESTOR: 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.
GESTOR
Largest movements
- Receivables within one year +€23,636
up €23,636 (+9.0%), from €262,544 to €286,179
- Tangible fixed assets -€4,716
down €4,716 (-5.4%), from €87,861 to €83,145
of which Land and buildings: -€6,536
- Profit (loss) carried forward +€13,899
up €13,899 (+6.4%), from €218,734 to €232,633
- Tax, wage and social debts +€5,051
new in 2025: €5,051
- Turnover +€36,053
new in 2025: €36,053
- Gross operating margin +€17,167
up €17,167 (+123.7%), from €13,882 to €31,049
- Financial income -€15,380
no longer reported in 2025 (was €15,380)
of which Financial income: -€15,380
- Taxes +€5,051
new in 2025: €5,051
- Purchases and services +€5,004
new in 2025: €5,004
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 | €350,559 | €369,509 | +€18,950 | +5.4% |
| Fixed assets | 21/28 | €87,861 | €83,145 | -€4,716 | -5.4% |
| Tangible fixed assets | 22/27 | €87,861 | €83,145 | -€4,716 | -5.4% |
| Land and buildings | 22 | €87,861 | €81,324 | -€6,536 | -7.4% |
| Plant, machinery and equipment | 23 | - | €1,821 | +€1,821 | |
| Current assets | 29/58 | €262,698 | €286,364 | +€23,666 | +9.0% |
| Amounts receivable within one year | 40/41 | €262,544 | €286,179 | +€23,636 | +9.0% |
| Other amounts receivable | 41 | €262,544 | €286,179 | +€23,636 | +9.0% |
| Cash at bank and in hand | 54/58 | €154 | €184 | +€30 | +19.5% |
| Total equity and liabilities | 10/49 | €350,559 | €369,509 | +€18,950 | +5.4% |
| Equity | 10/15 | €258,729 | €272,628 | +€13,899 | +5.4% |
| Contributions | 10/11 | €26,000 | €26,000 | = | 0.0% |
| Reserves | 13 | €13,994 | €13,994 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,794 | €1,794 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,794 | €1,794 | = | 0.0% |
| Distributable reserves | 133 | €12,200 | €12,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €218,734 | €232,633 | +€13,899 | +6.4% |
| Provisions and deferred taxes | 16 | €91,830 | €91,830 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €91,830 | €91,830 | = | 0.0% |
| Other liabilities and charges | 164/5 | €91,830 | €91,830 | = | 0.0% |
| Amounts payable | 17/49 | - | €5,051 | +€5,051 | |
| Amounts payable within one year | 42/48 | - | €5,051 | +€5,051 | |
| Taxes, remuneration and social security | 45 | - | €5,051 | +€5,051 | |
| Taxes | 450/3 | - | €5,051 | +€5,051 | |
| Turnover | 70 | - | €36,053 | +€36,053 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €5,004 | +€5,004 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,689 | €6,992 | +€303 | +4.5% |
| Other operating charges | 640/8 | €5,283 | €4,995 | -€287 | -5.4% |
| Gross operating margin | 9900 | €13,882 | €31,049 | +€17,167 | +123.7% |
| Operating profit (loss) | 9901 | €1,911 | €19,063 | +€17,152 | +897.7% |
| Financial income | 75/76B | €15,380 | - | -€15,380 | |
| Recurring financial income | 75 | €15,380 | - | -€15,380 | |
| Non-recurring financial income | 76B | €15,380 | - | -€15,380 | |
| Financial charges | 65/66B | €38 | €113 | +€75 | +200.0% |
| Recurring financial charges | 65 | €38 | €113 | +€75 | +200.0% |
| Profit (loss) for the period before taxes | 9903 | €17,253 | €18,950 | +€1,697 | +9.8% |
| Income taxes | 67/77 | - | €5,051 | +€5,051 | |
| Profit (loss) for the period | 9904 | €17,253 | €13,899 | -€3,354 | -19.4% |
| Profit (loss) for the period to be appropriated | 9905 | €17,253 | €13,899 | -€3,354 | -19.4% |
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 3 October 2026 via checked.be.