GYSEMANS GROEP: what changed
What changed
GYSEMANS GROEP
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
€348,470
2024 · €293,939+€54,531
Equity
€803,555
2024 · €540,085+€263,470
Cash
€51,178
2024 · €37,287+€13,891
Balance sheet total
€4.4m
2024 · €4.4m+€8,539
Largest movements
Assets
- Financial fixed assets -€88,000
down €88,000 (-2.0%), from €4.4m to €4.3m
- Receivables within one year +€82,440
up €82,440, from €0 to €82,440
of which Other amounts receivable: +€82,103
Equity and liabilities
- Other debts -€3.2m
down €3.2m (-91.2%), from €3.5m to €310,414
- Debts after one year +€2.7m
up €2.7m, from €0 to €2.7m
- Current portion of long-term debt +€272,374
up €272,374 (+161%), from €169,564 to €441,938
- Profit (loss) carried forward +€263,470
up €263,470 (+77.5%), from €340,085 to €603,555
- Short-term financial debts +€66,328
new in 2025: €66,328
Income statement
- Gross operating margin +€134,245
up €134,245 (+33.9%), from €395,979 to €530,224
- Financial charges +€60,513
up €60,513 (+1,945%), from €3,111 to €63,624
- Taxes +€18,149
up €18,149 (+18.4%), from €98,779 to €116,928
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€293,939
Gross operating margin
+€134,245
Other operating charges
-€235
Financial income
-€818
Financial charges
-€60,513
Taxes
-€18,149
Result 2025
€348,470
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€3.0m
Investment
+€88,000
Financing
+€2.9m
Cash 2024
€37,287
From operations (derived)
-€3.0m
Net result for the year
+€348,470
Receivables within one year
-€82,440
Smaller working-capital items
+€894
Tax, wage and social debts
-€65,423
Other debts
-€3.2m
Investment (derived)
+€88,000
Investment in fixed assets (net)
+€88,000
Financing
+€2.9m
Debts after one year
+€2.7m
Current portion of long-term debt
+€272,374
Short-term financial debts
+€66,328
Contributions, distributions and other
-€85,000
Cash 2025
€51,178
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,437,287 | €4,445,826 | +€8,539 | +0.2% |
| Fixed assets | 21/28 | €4,400,000 | €4,312,000 | -€88,000 | -2.0% |
| Financial fixed assets | 28 | €4,400,000 | €4,312,000 | -€88,000 | -2.0% |
| Current assets | 29/58 | €37,287 | €133,826 | +€96,539 | +259% |
| Amounts receivable within one year | 40/41 | €0 | €82,440 | +€82,440 | |
| Trade receivables | 40 | - | €337 | +€337 | |
| Other amounts receivable | 41 | €0 | €82,103 | +€82,103 | |
| Cash at bank and in hand | 54/58 | €37,287 | €51,178 | +€13,891 | +37.3% |
| Deferred charges and accrued income | 490/1 | €0 | €209 | +€209 | |
| Total equity and liabilities | 10/49 | €4,437,287 | €4,445,826 | +€8,539 | +0.2% |
| Equity | 10/15 | €540,085 | €803,555 | +€263,470 | +48.8% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €340,085 | €603,555 | +€263,470 | +77.5% |
| Amounts payable | 17/49 | €3,897,202 | €3,642,271 | -€254,931 | -6.5% |
| Amounts payable after more than one year | 17 | €0 | €2,692,191 | +€2.7m | |
| Financial debts | 170/4 | €0 | €2,692,191 | +€2.7m | |
| Amounts payable within one year | 42/48 | €3,897,202 | €949,744 | -€2.9m | -75.6% |
| Current portion of amounts payable after more than one year | 42 | €169,564 | €441,938 | +€272,374 | +161% |
| Financial debts | 43 | - | €66,328 | +€66,328 | |
| Credit institutions | 430/8 | - | €66,328 | +€66,328 | |
| Trade debts | 44 | €29,189 | €29,955 | +€766 | +2.6% |
| Suppliers | 440/4 | €29,189 | €29,955 | +€766 | +2.6% |
| Taxes, remuneration and social security | 45 | €166,531 | €101,108 | -€65,423 | -39.3% |
| Taxes | 450/3 | €166,531 | €101,108 | -€65,423 | -39.3% |
| Other amounts payable | 47/48 | €3,531,917 | €310,414 | -€3.2m | -91.2% |
| Accrued charges and deferred income | 492/3 | - | €337 | +€337 | |
| Other operating charges | 640/8 | €968 | €1,202 | +€235 | +24.3% |
| Gross operating margin | 9900 | €395,979 | €530,224 | +€134,245 | +33.9% |
| Operating profit (loss) | 9901 | €395,011 | €529,022 | +€134,010 | +33.9% |
| Financial income | 75/76B | €818 | €0 | -€818 | -100% |
| Recurring financial income | 75 | €818 | €0 | -€818 | -100% |
| Financial charges | 65/66B | €3,111 | €63,624 | +€60,513 | +1,945% |
| Recurring financial charges | 65 | €3,111 | €63,624 | +€60,513 | +1,945% |
| Profit (loss) for the period before taxes | 9903 | €392,718 | €465,398 | +€72,679 | +18.5% |
| Income taxes | 67/77 | €98,779 | €116,928 | +€18,149 | +18.4% |
| Profit (loss) for the period | 9904 | €293,939 | €348,470 | +€54,531 | +18.6% |
| Profit (loss) for the period to be appropriated | 9905 | €293,939 | €348,470 | +€54,531 | +18.6% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.