THE GETO-DAC: 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.
THE GETO-DAC
Largest movements
- Tangible fixed assets -€8,510
down €8,510 (-33.9%), from €25,118 to €16,608
- Cash +€4,050
up €4,050 (+39.9%), from €10,161 to €14,211
mainly Depreciation (+€8,510) and Net result for the year (+€5,707)
- Receivables within one year -€1,061
down €1,061 (-2.8%), from €37,982 to €36,921
of which Other amounts receivable: -€3,629
- Debts after one year -€7,801
down €7,801 (-50.4%), from €15,470 to €7,669
- Reserves +€5,707
up €5,707 (+36.8%), from €15,494 to €21,201
- Other debts -€5,004
down €5,004 (-98.8%), from €5,065 to €61
- Tax, wage and social debts +€2,932
up €2,932 (+15.9%), from €18,417 to €21,349
of which Taxes: +€3,800
- Trade debts -€2,009
down €2,009 (-18.1%), from €11,128 to €9,119
- Staff costs +€62,740
up €62,740 (+1,040%), from €6,032 to €68,772
- Gross operating margin +€57,659
up €57,659 (+193%), from €29,906 to €87,565
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 | €75,825 | €70,199 | -€5,625 | -7.4% |
| Fixed assets | 21/28 | €27,578 | €19,068 | -€8,510 | -30.9% |
| Tangible fixed assets | 22/27 | €25,118 | €16,608 | -€8,510 | -33.9% |
| Furniture and vehicles | 24 | €25,118 | €16,608 | -€8,510 | -33.9% |
| Financial fixed assets | 28 | €2,460 | €2,460 | = | 0.0% |
| Current assets | 29/58 | €48,247 | €51,132 | +€2,885 | +6.0% |
| Amounts receivable within one year | 40/41 | €37,982 | €36,921 | -€1,061 | -2.8% |
| Trade receivables | 40 | €33,516 | €36,084 | +€2,568 | +7.7% |
| Other amounts receivable | 41 | €4,466 | €837 | -€3,629 | -81.3% |
| Cash at bank and in hand | 54/58 | €10,161 | €14,211 | +€4,050 | +39.9% |
| Deferred charges and accrued income | 490/1 | €104 | - | -€104 | |
| Total equity and liabilities | 10/49 | €75,825 | €70,199 | -€5,625 | -7.4% |
| Equity | 10/15 | €18,494 | €24,201 | +€5,707 | +30.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €15,494 | €21,201 | +€5,707 | +36.8% |
| Distributable reserves | 133 | €15,494 | €21,201 | +€5,707 | +36.8% |
| Amounts payable | 17/49 | €57,330 | €45,998 | -€11,332 | -19.8% |
| Amounts payable after more than one year | 17 | €15,470 | €7,669 | -€7,801 | -50.4% |
| Financial debts | 170/4 | €15,470 | €7,669 | -€7,801 | -50.4% |
| Amounts payable within one year | 42/48 | €41,861 | €38,329 | -€3,532 | -8.4% |
| Current portion of amounts payable after more than one year | 42 | €7,251 | €7,801 | +€550 | +7.6% |
| Trade debts | 44 | €11,128 | €9,119 | -€2,009 | -18.1% |
| Suppliers | 440/4 | €11,128 | €9,119 | -€2,009 | -18.1% |
| Taxes, remuneration and social security | 45 | €18,417 | €21,349 | +€2,932 | +15.9% |
| Taxes | 450/3 | €11,056 | €14,856 | +€3,800 | +34.4% |
| Remuneration and social security | 454/9 | €7,361 | €6,493 | -€867 | -11.8% |
| Other amounts payable | 47/48 | €5,065 | €61 | -€5,004 | -98.8% |
| Remuneration, social security and pensions | 62 | €6,032 | €68,772 | +€62,740 | +1,040% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,510 | €8,510 | = | 0.0% |
| Other operating charges | 640/8 | €777 | €867 | +€90 | +11.6% |
| Gross operating margin | 9900 | €29,906 | €87,565 | +€57,659 | +193% |
| Operating profit (loss) | 9901 | €14,587 | €9,416 | -€5,172 | -35.5% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €2,506 | €1,892 | -€614 | -24.5% |
| Recurring financial charges | 65 | €2,506 | €1,892 | -€614 | -24.5% |
| Profit (loss) for the period before taxes | 9903 | €12,081 | €7,524 | -€4,557 | -37.7% |
| Income taxes | 67/77 | €2,525 | €1,817 | -€708 | -28.0% |
| Profit (loss) for the period | 9904 | €9,556 | €5,707 | -€3,849 | -40.3% |
| Profit (loss) for the period to be appropriated | 9905 | €9,556 | €5,707 | -€3,849 | -40.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.