GESTRAN IMMO: 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.
GESTRAN IMMO
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Debts after one year -€177,500
down €177,500 (-29.3%), from €606,459 to €428,959
- Profit (loss) carried forward +€116,085
up €116,085 (+19.2%), from €605,375 to €721,461
- Tax, wage and social debts +€39,251
up €39,251 (+88.3%), from €44,428 to €83,679
- Gross operating margin -€30,507
down €30,507 (-16.5%), from €185,316 to €154,810
- Other operating charges -€23,767
down €23,767 (-64.3%), from €36,982 to €13,215
- Purchases and services +€12,622
up €12,622 (+29.2%), from €43,273 to €55,895
- Turnover +€5,948
up €5,948 (+3.1%), from €192,685 to €198,633
- Financial charges -€3,326
down €3,326 (-19.2%), from €17,298 to €13,971
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 | €1,985,801 | €1,972,016 | -€13,785 | -0.7% |
| Fixed assets | 21/28 | €495,793 | €495,793 | = | 0.0% |
| Tangible fixed assets | 22/27 | €495,793 | €495,793 | = | 0.0% |
| Land and buildings | 22 | €495,793 | €495,793 | = | 0.0% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Current assets | 29/58 | €1,490,008 | €1,476,223 | -€13,785 | -0.9% |
| Amounts receivable after more than one year | 29 | €831,400 | €831,400 | = | 0.0% |
| Other amounts receivable | 291 | €831,400 | €831,400 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €630,369 | €616,928 | -€13,441 | -2.1% |
| Trade receivables | 40 | €48,098 | - | -€48,098 | |
| Other amounts receivable | 41 | €582,272 | €616,928 | +€34,656 | +6.0% |
| Cash at bank and in hand | 54/58 | €28,238 | €27,895 | -€344 | -1.2% |
| Total equity and liabilities | 10/49 | €1,985,801 | €1,972,016 | -€13,785 | -0.7% |
| Equity | 10/15 | €1,151,193 | €1,267,279 | +€116,085 | +10.1% |
| Contributions | 10/11 | €501,970 | €501,970 | = | 0.0% |
| Reserves | 13 | €43,848 | €43,848 | = | 0.0% |
| Non-distributable reserves | 130/1 | €15,368 | €15,368 | = | 0.0% |
| Reserves not available under the articles | 1311 | €15,368 | €15,368 | = | 0.0% |
| Distributable reserves | 133 | €28,480 | €28,480 | = | 0.0% |
| Profit (loss) carried forward | 14 | €605,375 | €721,461 | +€116,085 | +19.2% |
| Amounts payable | 17/49 | €834,607 | €704,737 | -€129,870 | -15.6% |
| Amounts payable after more than one year | 17 | €606,459 | €428,959 | -€177,500 | -29.3% |
| Financial debts | 170/4 | €606,459 | €428,959 | -€177,500 | -29.3% |
| Amounts payable within one year | 42/48 | €228,149 | €275,778 | +€47,630 | +20.9% |
| Current portion of amounts payable after more than one year | 42 | €177,500 | €177,500 | = | 0.0% |
| Trade debts | 44 | €6,221 | €14,599 | +€8,378 | +134.7% |
| Suppliers | 440/4 | €6,221 | €14,599 | +€8,378 | +134.7% |
| Taxes, remuneration and social security | 45 | €44,428 | €83,679 | +€39,251 | +88.3% |
| Taxes | 450/3 | €44,428 | €83,679 | +€39,251 | +88.3% |
| Turnover | 70 | €192,685 | €198,633 | +€5,948 | +3.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €43,273 | €55,895 | +€12,622 | +29.2% |
| Other operating charges | 640/8 | €36,982 | €13,215 | -€23,767 | -64.3% |
| Gross operating margin | 9900 | €185,316 | €154,810 | -€30,507 | -16.5% |
| Operating profit (loss) | 9901 | €148,335 | €141,595 | -€6,740 | -4.5% |
| Financial income | 75/76B | €31,927 | €30,756 | -€1,171 | -3.7% |
| Recurring financial income | 75 | €31,927 | €30,756 | -€1,171 | -3.7% |
| Financial charges | 65/66B | €17,298 | €13,971 | -€3,326 | -19.2% |
| Recurring financial charges | 65 | €17,298 | €13,971 | -€3,326 | -19.2% |
| Profit (loss) for the period before taxes | 9903 | €162,964 | €158,380 | -€4,584 | -2.8% |
| Income taxes | 67/77 | €44,428 | €42,294 | -€2,134 | -4.8% |
| Profit (loss) for the period | 9904 | €118,536 | €116,085 | -€2,451 | -2.1% |
| Profit (loss) for the period to be appropriated | 9905 | €118,536 | €116,085 | -€2,451 | -2.1% |
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 8 October 2026 via checked.be.