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Gesture Instruments: 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.

What changed

Gesture Instruments

BE 0770.550.974
NACE 32.200, Other manufacturing
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€68,811
2024 · -€2,050-€66,760
Equity
-€65,300
2024 · €3,511-€68,811
Cash
€64,778
2024 · €213,260-€148,482
Balance sheet total
€397,435
2024 · €475,371-€77,937

Largest movements

2024 to 2025
Assets
  • Cash -€148,482

    down €148,482 (-69.6%), from €213,260 to €64,778

    mainly Net result for the year (-€68,811) and Investment in fixed assets (net) (-€67,606)

  • Intangible fixed assets +€48,462

    up €48,462 (+27.6%), from €175,791 to €224,253

  • Receivables within one year +€35,052

    up €35,052 (+91.0%), from €38,518 to €73,570

    of which Trade receivables: +€38,270

  • Tangible fixed assets -€13,058

    down €13,058 (-28.2%), from €46,329 to €33,271

Equity and liabilities
  • Profit (loss) carried forward -€68,811

    down €68,811 (-1060.4%), from -€6,489 to -€75,300

  • Debts after one year -€10,726

    down €10,726 (-2.7%), from €403,305 to €392,580

Income statement
  • Gross operating margin -€58,159

    down €58,159, from €23,439 to -€34,719

  • Depreciation +€9,266

    up €9,266 (+40.4%), from €22,936 to €32,202

  • Other operating charges -€579

    down €579 (-81.9%), from €706 to €128

  • Financial charges -€420

    down €420 (-22.7%), from €1,848 to €1,428

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€2,050
Gross operating margin -€58,159
Depreciation -€9,266
Other operating charges +€579
Financial charges +€420
Taxes -€334
Result 2025 -€68,811

Cash bridge derived

cash 2024 to 2025

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.

From operations -€70,586
Investment -€67,606
Financing -€10,290
Cash 2024 €213,260
Net result for the year -€68,811
Depreciation +€32,202
Receivables within one year -€35,052
Deferred charges and accrued income -€90
Trade debts +€1,830
Tax, wage and social debts +€334
Other debts -€1,000
Investment in fixed assets (net) -€67,606
Debts after one year -€10,726
Current portion of long-term debt +€435
Cash 2025 €64,778
Every line side by side 35 lines
Line Code 2024 2025 Change %
Total assets 20/58 €475,371 €397,435 -€77,937 -16.4%
Fixed assets 21/28 €222,120 €257,524 +€35,404 +15.9%
Intangible fixed assets 21 €175,791 €224,253 +€48,462 +27.6%
Tangible fixed assets 22/27 €46,329 €33,271 -€13,058 -28.2%
Leasing and similar rights 25 €46,329 €33,271 -€13,058 -28.2%
Current assets 29/58 €253,251 €139,911 -€113,341 -44.8%
Amounts receivable within one year 40/41 €38,518 €73,570 +€35,052 +91.0%
Trade receivables 40 €30,635 €68,904 +€38,270 +124.9%
Other amounts receivable 41 €7,883 €4,665 -€3,218 -40.8%
Cash at bank and in hand 54/58 €213,260 €64,778 -€148,482 -69.6%
Deferred charges and accrued income 490/1 €1,474 €1,564 +€90 +6.1%
Total equity and liabilities 10/49 €475,371 €397,435 -€77,937 -16.4%
Equity 10/15 €3,511 -€65,300 -€68,811
Contributions 10/11 €10,000 €10,000 = 0.0%
Profit (loss) carried forward 14 -€6,489 -€75,300 -€68,811 -1060.4%
Amounts payable 17/49 €471,860 €462,734 -€9,126 -1.9%
Amounts payable after more than one year 17 €403,305 €392,580 -€10,726 -2.7%
Financial debts 170/4 €403,305 €392,580 -€10,726 -2.7%
Amounts payable within one year 42/48 €68,555 €70,155 +€1,599 +2.3%
Current portion of amounts payable after more than one year 42 €10,290 €10,726 +€435 +4.2%
Trade debts 44 €23,314 €25,144 +€1,830 +7.8%
Suppliers 440/4 €23,314 €25,144 +€1,830 +7.8%
Taxes, remuneration and social security 45 - €334 +€334
Taxes 450/3 - €334 +€334
Other amounts payable 47/48 €34,951 €33,951 -€1,000 -2.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €22,936 €32,202 +€9,266 +40.4%
Other operating charges 640/8 €706 €128 -€579 -81.9%
Gross operating margin 9900 €23,439 -€34,719 -€58,159
Operating profit (loss) 9901 -€203 -€67,049 -€66,846 -32992.6%
Financial charges 65/66B €1,848 €1,428 -€420 -22.7%
Recurring financial charges 65 €1,848 €1,428 -€420 -22.7%
Profit (loss) for the period before taxes 9903 -€2,050 -€68,477 -€66,427 -3239.9%
Income taxes 67/77 - €334 +€334
Profit (loss) for the period 9904 -€2,050 -€68,811 -€66,760 -3256.2%
Profit (loss) for the period to be appropriated 9905 -€2,050 -€68,811 -€66,760 -3256.2%

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.