GETO: 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.
GETO
Largest movements
- Receivables within one year +€52,407
up €52,407 (+277.0%), from €18,919 to €71,326
of which Other amounts receivable: +€43,066
- Tangible fixed assets +€17,087
up €17,087 (+129.0%), from €13,250 to €30,337
- Cash +€7,525
up €7,525 (+451.4%), from €1,667 to €9,192
mainly Net result for the year (+€44,773) and Debts after one year (+€17,363)
- Profit (loss) carried forward +€44,773
up €44,773 (+307.4%), from €14,565 to €59,338
- Debts after one year +€17,363
up €17,363 (+293.1%), from €5,924 to €23,287
- Tax, wage and social debts +€12,338
up €12,338 (+501.5%), from €2,460 to €14,798
- Trade debts +€4,708
up €4,708 (+2924.2%), from €161 to €4,869
- Current portion of long-term debt -€2,163
down €2,163 (-32.2%), from €6,726 to €4,563
- Gross operating margin +€30,535
up €30,535 (+97.0%), from €31,483 to €62,018
- Taxes +€6,127
up €6,127 (+141.3%), from €4,335 to €10,462
- Depreciation -€1,314
down €1,314 (-19.7%), from €6,667 to €5,353
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 | €33,836 | €110,855 | +€77,019 | +227.6% |
| Fixed assets | 21/28 | €13,250 | €30,337 | +€17,087 | +129.0% |
| Tangible fixed assets | 22/27 | €13,250 | €30,337 | +€17,087 | +129.0% |
| Furniture and vehicles | 24 | €13,250 | €30,337 | +€17,087 | +129.0% |
| Current assets | 29/58 | €20,586 | €80,518 | +€59,932 | +291.1% |
| Amounts receivable within one year | 40/41 | €18,919 | €71,326 | +€52,407 | +277.0% |
| Trade receivables | 40 | €9,861 | €19,202 | +€9,341 | +94.7% |
| Other amounts receivable | 41 | €9,058 | €52,124 | +€43,066 | +475.4% |
| Cash at bank and in hand | 54/58 | €1,667 | €9,192 | +€7,525 | +451.4% |
| Total equity and liabilities | 10/49 | €33,836 | €110,855 | +€77,019 | +227.6% |
| Equity | 10/15 | €18,565 | €63,338 | +€44,773 | +241.2% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,565 | €59,338 | +€44,773 | +307.4% |
| Amounts payable | 17/49 | €15,271 | €47,517 | +€32,246 | +211.2% |
| Amounts payable after more than one year | 17 | €5,924 | €23,287 | +€17,363 | +293.1% |
| Financial debts | 170/4 | €5,924 | €23,287 | +€17,363 | +293.1% |
| Amounts payable within one year | 42/48 | €9,347 | €24,230 | +€14,883 | +159.2% |
| Current portion of amounts payable after more than one year | 42 | €6,726 | €4,563 | -€2,163 | -32.2% |
| Trade debts | 44 | €161 | €4,869 | +€4,708 | +2924.2% |
| Suppliers | 440/4 | €161 | €4,869 | +€4,708 | +2924.2% |
| Taxes, remuneration and social security | 45 | €2,460 | €14,798 | +€12,338 | +501.5% |
| Taxes | 450/3 | €2,460 | €14,798 | +€12,338 | +501.5% |
| Non-recurring operating income | 76A | - | €1,665 | +€1,665 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,667 | €5,353 | -€1,314 | -19.7% |
| Other operating charges | 640/8 | €332 | €233 | -€99 | -29.8% |
| Gross operating margin | 9900 | €31,483 | €62,018 | +€30,535 | +97.0% |
| Operating profit (loss) | 9901 | €24,484 | €56,432 | +€31,948 | +130.5% |
| Financial charges | 65/66B | €1,127 | €1,197 | +€70 | +6.2% |
| Recurring financial charges | 65 | €1,127 | €1,197 | +€70 | +6.2% |
| Profit (loss) for the period before taxes | 9903 | €23,357 | €55,235 | +€31,878 | +136.5% |
| Income taxes | 67/77 | €4,335 | €10,462 | +€6,127 | +141.3% |
| Profit (loss) for the period | 9904 | €19,022 | €44,773 | +€25,751 | +135.4% |
| Profit (loss) for the period to be appropriated | 9905 | €19,022 | €44,773 | +€25,751 | +135.4% |
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 7 October 2026 via checked.be.