GESYBELLE: 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.
GESYBELLE
Largest movements
- Cash +€201,171
up €201,171 (+803.9%), from €25,023 to €226,195
mainly Current investments (+€150,000) and Depreciation (+€45,109)
- Current investments -€150,000
down €150,000 (-100.0%), from €150,000 to €0
- Tangible fixed assets -€43,061
down €43,061 (-5.5%), from €778,756 to €735,695
of which Land and buildings: -€23,318
- Other debts +€44,727
up €44,727 (+2.9%), from €1.5m to €1.6m
- Debts after one year -€37,314
down €37,314 (-24.6%), from €151,406 to €114,092
- Depreciation +€2,263
up €2,263 (+5.3%), from €42,845 to €45,109
- Gross operating margin +€1,873
up €1,873 (+3.8%), from €48,967 to €50,840
- Financial charges -€1,116
down €1,116 (-37.0%), from €3,017 to €1,902
- Taxes -€828
down €828 (-22.3%), from €3,711 to €2,883
- Financial income -€572
down €572 (-12.2%), from €4,705 to €4,133
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 | €962,333 | €968,086 | +€5,752 | +0.6% |
| Fixed assets | 21/28 | €778,756 | €735,695 | -€43,061 | -5.5% |
| Tangible fixed assets | 22/27 | €778,756 | €735,695 | -€43,061 | -5.5% |
| Land and buildings | 22 | €553,895 | €530,577 | -€23,318 | -4.2% |
| Plant, machinery and equipment | 23 | €161,138 | €143,668 | -€17,470 | -10.8% |
| Leasing and similar rights | 25 | €63,723 | €61,450 | -€2,273 | -3.6% |
| Current assets | 29/58 | €183,578 | €232,391 | +€48,813 | +26.6% |
| Amounts receivable within one year | 40/41 | €8,554 | €6,196 | -€2,358 | -27.6% |
| Trade receivables | 40 | €7,554 | €2,313 | -€5,241 | -69.4% |
| Other amounts receivable | 41 | €1,001 | €3,883 | +€2,883 | +288.1% |
| Current investments | 50/53 | €150,000 | €0 | -€150,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €25,023 | €226,195 | +€201,171 | +803.9% |
| Total equity and liabilities | 10/49 | €962,333 | €968,086 | +€5,752 | +0.6% |
| Equity | 10/15 | -€788,711 | -€788,959 | -€248 | 0.0% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €6,150 | €6,150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€856,361 | -€856,609 | -€248 | 0.0% |
| Amounts payable | 17/49 | €1,751,044 | €1,757,045 | +€6,001 | +0.3% |
| Amounts payable after more than one year | 17 | €151,406 | €114,092 | -€37,314 | -24.6% |
| Financial debts | 170/4 | €151,406 | €114,092 | -€37,314 | -24.6% |
| Amounts payable within one year | 42/48 | €1,599,482 | €1,642,827 | +€43,345 | +2.7% |
| Current portion of amounts payable after more than one year | 42 | €40,026 | €40,408 | +€382 | +1.0% |
| Trade debts | 44 | €10,085 | €8,273 | -€1,812 | -18.0% |
| Suppliers | 440/4 | €10,085 | €8,273 | -€1,812 | -18.0% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €2,300 | €2,349 | +€49 | +2.1% |
| Taxes | 450/3 | €2,300 | €2,349 | +€49 | +2.1% |
| Other amounts payable | 47/48 | €1,547,071 | €1,591,798 | +€44,727 | +2.9% |
| Accrued charges and deferred income | 492/3 | €157 | €126 | -€30 | -19.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,845 | €45,109 | +€2,263 | +5.3% |
| Other operating charges | 640/8 | €5,333 | €5,327 | -€6 | -0.1% |
| Gross operating margin | 9900 | €48,967 | €50,840 | +€1,873 | +3.8% |
| Operating profit (loss) | 9901 | €789 | €404 | -€385 | -48.8% |
| Financial income | 75/76B | €4,705 | €4,133 | -€572 | -12.2% |
| Recurring financial income | 75 | €4,705 | €4,133 | -€572 | -12.2% |
| Financial charges | 65/66B | €3,017 | €1,902 | -€1,116 | -37.0% |
| Recurring financial charges | 65 | €3,017 | €1,902 | -€1,116 | -37.0% |
| Profit (loss) for the period before taxes | 9903 | €2,477 | €2,635 | +€158 | +6.4% |
| Income taxes | 67/77 | €3,711 | €2,883 | -€828 | -22.3% |
| Profit (loss) for the period | 9904 | -€1,235 | -€248 | +€986 | +79.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,235 | -€248 | +€986 | +79.9% |
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 9 October 2026 via checked.be.