GESTUFIR: 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.
GESTUFIR
Largest movements
- Financial fixed assets -€117,150
down €117,150 (-54.2%), from €216,150 to €99,000
- Receivables within one year -€50,319
down €50,319 (-49.0%), from €102,711 to €52,393
of which Other amounts receivable: -€50,711
- Debts after one year -€217,150
down €217,150 (-40.9%), from €531,500 to €314,350
- Trade debts +€63,349
up €63,349 (+41.3%), from €153,376 to €216,725
- Profit (loss) carried forward -€22,641
down €22,641 (-7.4%), from €303,963 to €281,322
- Gross operating margin -€44,165
down €44,165 (-71.7%), from €61,607 to €17,442
- Taxes +€5,296
new in 2025: €5,296
- Other operating charges -€1,022
no longer reported in 2025 (was €1,022)
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 | €1,605,821 | €1,420,794 | -€185,027 | -11.5% |
| Fixed assets | 21/28 | €216,150 | €99,000 | -€117,150 | -54.2% |
| Financial fixed assets | 28 | €216,150 | €99,000 | -€117,150 | -54.2% |
| Current assets | 29/58 | €1,389,671 | €1,321,794 | -€67,877 | -4.9% |
| Amounts receivable after more than one year | 29 | €1,277,500 | €1,261,500 | -€16,000 | -1.3% |
| Trade receivables | 290 | €1,277,500 | €1,261,500 | -€16,000 | -1.3% |
| Amounts receivable within one year | 40/41 | €102,711 | €52,393 | -€50,319 | -49.0% |
| Trade receivables | 40 | - | €393 | +€393 | |
| Other amounts receivable | 41 | €102,711 | €52,000 | -€50,711 | -49.4% |
| Cash at bank and in hand | 54/58 | €9,459 | €7,901 | -€1,558 | -16.5% |
| Total equity and liabilities | 10/49 | €1,605,821 | €1,420,794 | -€185,027 | -11.5% |
| Equity | 10/15 | €554,676 | €532,035 | -€22,641 | -4.1% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Capital | 10 | €250,000 | €250,000 | = | 0.0% |
| Issued capital | 100 | €250,000 | €250,000 | = | 0.0% |
| Reserves | 13 | €713 | €713 | = | 0.0% |
| Non-distributable reserves | 130/1 | €713 | €713 | = | 0.0% |
| Legal reserve | 130 | €713 | €713 | = | 0.0% |
| Profit (loss) carried forward | 14 | €303,963 | €281,322 | -€22,641 | -7.4% |
| Amounts payable | 17/49 | €1,051,144 | €888,758 | -€162,386 | -15.4% |
| Amounts payable after more than one year | 17 | €531,500 | €314,350 | -€217,150 | -40.9% |
| Other amounts payable | 178/9 | €531,500 | €314,350 | -€217,150 | -40.9% |
| Amounts payable within one year | 42/48 | €519,644 | €574,408 | +€54,764 | +10.5% |
| Current portion of amounts payable after more than one year | 42 | €10,533 | €10,090 | -€443 | -4.2% |
| Trade debts | 44 | €153,376 | €216,725 | +€63,349 | +41.3% |
| Suppliers | 440/4 | €153,376 | €216,725 | +€63,349 | +41.3% |
| Taxes, remuneration and social security | 45 | €9,263 | €2,121 | -€7,142 | -77.1% |
| Taxes | 450/3 | €9,263 | €2,121 | -€7,142 | -77.1% |
| Other amounts payable | 47/48 | €346,472 | €345,472 | -€1,000 | -0.3% |
| Other operating charges | 640/8 | €1,022 | - | -€1,022 | |
| Gross operating margin | 9900 | €61,607 | €17,442 | -€44,165 | -71.7% |
| Operating profit (loss) | 9901 | €60,585 | €17,442 | -€43,143 | -71.2% |
| Financial charges | 65/66B | €35,127 | €34,786 | -€341 | -1.0% |
| Recurring financial charges | 65 | €35,127 | €34,786 | -€341 | -1.0% |
| Profit (loss) for the period before taxes | 9903 | €25,457 | -€17,344 | -€42,802 | |
| Income taxes | 67/77 | - | €5,296 | +€5,296 | |
| Profit (loss) for the period | 9904 | €25,457 | -€22,641 | -€48,098 | |
| Profit (loss) for the period to be appropriated | 9905 | €25,457 | -€22,641 | -€48,098 |
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.