GEZUDA: 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.
GEZUDA
Largest movements
- Cash -€24,114
down €24,114 (-27.6%), from €87,451 to €63,337
mainly Contributions, distributions and other (-€50,000) and Other debts (-€32,000)
- Receivables within one year +€12,443
up €12,443 (+89.6%), from €13,882 to €26,325
of which Other amounts receivable: +€8,991
- Tangible fixed assets -€8,825
down €8,825 (-93.6%), from €9,429 to €604
- Other debts -€32,000
down €32,000 (-39.0%), from €82,000 to €50,000
- Reserves +€11,633
up €11,633 (+290.7%), from €4,002 to €15,635
- Trade debts -€1,442
down €1,442 (-66.1%), from €2,182 to €740
- Gross operating margin -€24,206
down €24,206 (-20.1%), from €120,553 to €96,347
- Taxes -€6,405
down €6,405 (-22.5%), from €28,524 to €22,119
- Staff costs +€2,325
new in 2025: €2,325
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 | €114,008 | €92,863 | -€21,145 | -18.5% |
| Fixed assets | 21/28 | €9,429 | €604 | -€8,825 | -93.6% |
| Tangible fixed assets | 22/27 | €9,429 | €604 | -€8,825 | -93.6% |
| Furniture and vehicles | 24 | €9,429 | €604 | -€8,825 | -93.6% |
| Current assets | 29/58 | €104,579 | €92,258 | -€12,320 | -11.8% |
| Amounts receivable within one year | 40/41 | €13,882 | €26,325 | +€12,443 | +89.6% |
| Trade receivables | 40 | €11,765 | €15,217 | +€3,452 | +29.3% |
| Other amounts receivable | 41 | €2,117 | €11,108 | +€8,991 | +424.6% |
| Cash at bank and in hand | 54/58 | €87,451 | €63,337 | -€24,114 | -27.6% |
| Deferred charges and accrued income | 490/1 | €3,246 | €2,596 | -€649 | -20.0% |
| Total equity and liabilities | 10/49 | €114,008 | €92,863 | -€21,145 | -18.5% |
| Equity | 10/15 | €22,552 | €34,185 | +€11,633 | +51.6% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €4,002 | €15,635 | +€11,633 | +290.7% |
| Distributable reserves | 133 | €4,002 | €15,635 | +€11,633 | +290.7% |
| Amounts payable | 17/49 | €91,456 | €58,678 | -€32,778 | -35.8% |
| Amounts payable within one year | 42/48 | €91,456 | €58,587 | -€32,869 | -35.9% |
| Trade debts | 44 | €2,182 | €740 | -€1,442 | -66.1% |
| Suppliers | 440/4 | €2,182 | €740 | -€1,442 | -66.1% |
| Taxes, remuneration and social security | 45 | €7,274 | €7,847 | +€573 | +7.9% |
| Taxes | 450/3 | €7,274 | €7,678 | +€404 | +5.6% |
| Remuneration and social security | 454/9 | - | €169 | +€169 | |
| Other amounts payable | 47/48 | €82,000 | €50,000 | -€32,000 | -39.0% |
| Accrued charges and deferred income | 492/3 | - | €91 | +€91 | |
| Remuneration, social security and pensions | 62 | - | €2,325 | +€2,325 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,941 | €8,825 | -€117 | -1.3% |
| Other operating charges | 640/8 | €978 | €1,420 | +€443 | +45.3% |
| Gross operating margin | 9900 | €120,553 | €96,347 | -€24,206 | -20.1% |
| Operating profit (loss) | 9901 | €110,634 | €83,776 | -€26,857 | -24.3% |
| Financial income | 75/76B | €19 | €65 | +€45 | +233.5% |
| Recurring financial income | 75 | €19 | €65 | +€45 | +233.5% |
| Financial charges | 65/66B | €89 | €89 | +€1 | +0.6% |
| Recurring financial charges | 65 | €89 | €89 | +€1 | +0.6% |
| Profit (loss) for the period before taxes | 9903 | €110,565 | €83,752 | -€26,812 | -24.3% |
| Income taxes | 67/77 | €28,524 | €22,119 | -€6,405 | -22.5% |
| Profit (loss) for the period | 9904 | €82,040 | €61,633 | -€20,408 | -24.9% |
| Profit (loss) for the period to be appropriated | 9905 | €82,040 | €61,633 | -€20,408 | -24.9% |
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 12 October 2026 via checked.be.