GESTEFIC: what changed
GESTEFIC
Largest movements
- Cash -€2,516
down €2,516 (-76.2%), from €3,302 to €786
mainly Other debts (-€1,800) and Net result for the year (-€702)
- Tangible fixed assets +€578
up €578 (+64.6%), from €894 to €1,472
- Receivables within one year -€453
down €453 (-47.2%), from €959 to €506
- Stocks and contracts -€180
down €180 (-17.8%), from €1,009 to €829
of which Stocks: -€230
- Deferred charges and accrued income +€162
up €162 (+167%), from €97 to €259
- Other debts -€1,800
down €1,800 (-5.0%), from €36,153 to €34,353
- Tax, wage and social debts +€722
new in 2025: €722
- Profit (loss) carried forward -€702
down €702 (-1.4%), from -€48,788 to -€49,490
- Debts after one year -€630
no longer reported in 2025 (was €630)
- Gross operating margin -€6,786
down €6,786 (-92.9%), from €7,304 to €518
- Turnover -€5,908
down €5,908 (-9.1%), from €65,120 to €59,212
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,587 | €4,178 | -€2,409 | -36.6% |
| Fixed assets | 21/28 | €1,220 | €1,798 | +€578 | +47.4% |
| Tangible fixed assets | 22/27 | €894 | €1,472 | +€578 | +64.6% |
| Plant, machinery and equipment | 23 | €894 | €1,472 | +€578 | +64.6% |
| Financial fixed assets | 28 | €326 | €326 | = | 0.0% |
| Current assets | 29/58 | €5,367 | €2,380 | -€2,987 | -55.6% |
| Stocks and contracts in progress | 3 | €1,009 | €829 | -€180 | -17.8% |
| Stocks | 30/36 | €1,009 | €779 | -€230 | -22.7% |
| Contracts in progress | 37 | - | €50 | +€50 | |
| Amounts receivable within one year | 40/41 | €959 | €506 | -€453 | -47.2% |
| Other amounts receivable | 41 | €959 | €506 | -€453 | -47.2% |
| Cash at bank and in hand | 54/58 | €3,302 | €786 | -€2,516 | -76.2% |
| Deferred charges and accrued income | 490/1 | €97 | €259 | +€162 | +167% |
| Total equity and liabilities | 10/49 | €6,587 | €4,178 | -€2,409 | -36.6% |
| Equity | 10/15 | -€30,196 | -€30,898 | -€702 | -2.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | - | €18,592 | +€18,592 | |
| Issued capital | 100 | - | €18,592 | +€18,592 | |
| Profit (loss) carried forward | 14 | -€48,788 | -€49,490 | -€702 | -1.4% |
| Amounts payable | 17/49 | €36,783 | €35,076 | -€1,707 | -4.6% |
| Amounts payable after more than one year | 17 | €630 | - | -€630 | |
| Financial debts | 170/4 | €630 | - | -€630 | |
| Amounts payable within one year | 42/48 | €36,153 | €35,076 | -€1,077 | -3.0% |
| Taxes, remuneration and social security | 45 | - | €722 | +€722 | |
| Remuneration and social security | 454/9 | - | €722 | +€722 | |
| Other amounts payable | 47/48 | €36,153 | €34,353 | -€1,800 | -5.0% |
| Turnover | 70 | €65,120 | €59,212 | -€5,908 | -9.1% |
| Gross operating margin | 9900 | €7,304 | €518 | -€6,786 | -92.9% |
| Operating profit (loss) | 9901 | €7,304 | €518 | -€6,786 | -92.9% |
| Financial charges | 65/66B | €1,521 | €1,220 | -€301 | -19.8% |
| Recurring financial charges | 65 | €1,521 | €1,220 | -€301 | -19.8% |
| Profit (loss) for the period before taxes | 9903 | €5,783 | -€702 | -€6,485 | |
| Profit (loss) for the period | 9904 | €5,783 | -€702 | -€6,485 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,783 | -€702 | -€6,485 |
Next steps
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 3 November 2026 via checked.be.