M. Gé-Style: 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.
M. Gé-Style
Largest movements
- Cash +€2,628
up €2,628 (+52.6%), from €5,000 to €7,627
mainly Net result for the year (+€5,447) and Short-term financial debts (+€248)
- Reserves +€4,952
up €4,952 (+12.9%), from €38,399 to €43,350
of which Distributable reserves: +€4,952
- Tax, wage and social debts -€1,133
down €1,133 (-34.6%), from €3,275 to €2,142
- Trade debts -€1,026
down €1,026 (-25.5%), from €4,028 to €3,002
- Gross operating margin -€4,982
down €4,982 (-43.7%), from €11,393 to €6,411
- Other operating charges -€845
down €845 (-69.7%), from €1,212 to €367
- Financial income +€481
up €481 (+864%), from €56 to €537
- Staff costs -€123
down €123 (-31.6%), from €388 to €266
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.
Derived cash bridge
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 | €70,161 | €73,202 | +€3,041 | +4.3% |
| Current assets | 29/58 | €70,161 | €73,202 | +€3,041 | +4.3% |
| Stocks and contracts in progress | 3 | €4,056 | €4,056 | = | 0.0% |
| Stocks | 30/36 | €4,056 | €4,056 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €61,105 | €61,518 | +€413 | +0.7% |
| Trade receivables | 40 | €1,159 | €0 | -€1,159 | -100% |
| Other amounts receivable | 41 | €59,947 | €61,518 | +€1,571 | +2.6% |
| Cash at bank and in hand | 54/58 | €5,000 | €7,627 | +€2,628 | +52.6% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €70,161 | €73,202 | +€3,041 | +4.3% |
| Equity | 10/15 | €58,126 | €63,077 | +€4,952 | +8.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €38,399 | €43,350 | +€4,952 | +12.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €36,539 | €41,490 | +€4,952 | +13.6% |
| Profit (loss) carried forward | 14 | €13,527 | €13,527 | = | 0.0% |
| Amounts payable | 17/49 | €12,035 | €10,124 | -€1,911 | -15.9% |
| Amounts payable within one year | 42/48 | €12,035 | €10,124 | -€1,911 | -15.9% |
| Financial debts | 43 | €4,733 | €4,981 | +€248 | +5.2% |
| Credit institutions | 430/8 | €4,733 | €4,981 | +€248 | +5.2% |
| Trade debts | 44 | €4,028 | €3,002 | -€1,026 | -25.5% |
| Suppliers | 440/4 | €4,028 | €3,002 | -€1,026 | -25.5% |
| Taxes, remuneration and social security | 45 | €3,275 | €2,142 | -€1,133 | -34.6% |
| Taxes | 450/3 | €3,275 | €2,142 | -€1,133 | -34.6% |
| Remuneration, social security and pensions | 62 | €388 | €266 | -€123 | -31.6% |
| Other operating charges | 640/8 | €1,212 | €367 | -€845 | -69.7% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €11,393 | €6,411 | -€4,982 | -43.7% |
| Operating profit (loss) | 9901 | €9,793 | €5,778 | -€4,015 | -41.0% |
| Financial income | 75/76B | €56 | €537 | +€481 | +864% |
| Recurring financial income | 75 | €56 | €537 | +€481 | +864% |
| Financial charges | 65/66B | €942 | €868 | -€74 | -7.9% |
| Recurring financial charges | 65 | €942 | €868 | -€74 | -7.9% |
| Profit (loss) for the period before taxes | 9903 | €8,906 | €5,447 | -€3,459 | -38.8% |
| Profit (loss) for the period | 9904 | €8,906 | €5,447 | -€3,459 | -38.8% |
| Profit (loss) for the period to be appropriated | 9905 | €8,906 | €5,447 | -€3,459 | -38.8% |
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 19 October 2026 via checked.be.