B-GEEK: 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.
B-GEEK
Largest movements
- Stocks and contracts +€19,107
up €19,107 (+41.0%), from €46,601 to €65,708
- Receivables within one year -€12,840
down €12,840 (-81.9%), from €15,673 to €2,832
of which Trade receivables: -€13,261
- Cash +€4,896
up €4,896 (+1,246%), from €393 to €5,289
mainly Receivables within one year (+€12,840) and Other debts (+€7,918)
- Other debts +€7,918
up €7,918 (+25.5%), from €31,037 to €38,955
- Profit (loss) carried forward +€3,281
up €3,281 (+209%), from €1,573 to €4,853
- Advances received -€2,195
no longer reported in 2025 (was €2,195)
- Trade debts +€1,263
new in 2025: €1,263
- Tax, wage and social debts +€895
up €895 (+10.1%), from €8,862 to €9,758
- Gross operating margin -€21,491
down €21,491 (-81.4%), from €26,404 to €4,913
- Taxes -€6,935
down €6,935 (-86.1%), from €8,058 to €1,123
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 | €62,667 | €73,830 | +€11,162 | +17.8% |
| Current assets | 29/58 | €62,667 | €73,830 | +€11,162 | +17.8% |
| Stocks and contracts in progress | 3 | €46,601 | €65,708 | +€19,107 | +41.0% |
| Stocks | 30/36 | €46,601 | €65,708 | +€19,107 | +41.0% |
| Amounts receivable within one year | 40/41 | €15,673 | €2,832 | -€12,840 | -81.9% |
| Trade receivables | 40 | €14,390 | €1,128 | -€13,261 | -92.2% |
| Other amounts receivable | 41 | €1,283 | €1,704 | +€421 | +32.8% |
| Cash at bank and in hand | 54/58 | €393 | €5,289 | +€4,896 | +1,246% |
| Total equity and liabilities | 10/49 | €62,667 | €73,830 | +€11,162 | +17.8% |
| Equity | 10/15 | €20,573 | €23,853 | +€3,281 | +15.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €16,000 | €16,000 | = | 0.0% |
| Distributable reserves | 133 | €16,000 | €16,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,573 | €4,853 | +€3,281 | +209% |
| Amounts payable | 17/49 | €42,095 | €49,976 | +€7,881 | +18.7% |
| Amounts payable within one year | 42/48 | €42,095 | €49,976 | +€7,881 | +18.7% |
| Trade debts | 44 | - | €1,263 | +€1,263 | |
| Suppliers | 440/4 | - | €1,263 | +€1,263 | |
| Advances received on contracts in progress | 46 | €2,195 | - | -€2,195 | |
| Taxes, remuneration and social security | 45 | €8,862 | €9,758 | +€895 | +10.1% |
| Taxes | 450/3 | €8,862 | €9,758 | +€895 | +10.1% |
| Other amounts payable | 47/48 | €31,037 | €38,955 | +€7,918 | +25.5% |
| Other operating charges | 640/8 | €202 | - | -€202 | |
| Gross operating margin | 9900 | €26,404 | €4,913 | -€21,491 | -81.4% |
| Operating profit (loss) | 9901 | €26,202 | €4,913 | -€21,289 | -81.3% |
| Financial income | 75/76B | €0 | €1 | +€0 | +114% |
| Recurring financial income | 75 | €0 | €1 | +€0 | +114% |
| Financial charges | 65/66B | €572 | €509 | -€62 | -10.9% |
| Recurring financial charges | 65 | €572 | €509 | -€62 | -10.9% |
| Profit (loss) for the period before taxes | 9903 | €25,631 | €4,404 | -€21,227 | -82.8% |
| Income taxes | 67/77 | €8,058 | €1,123 | -€6,935 | -86.1% |
| Profit (loss) for the period | 9904 | €17,573 | €3,281 | -€14,292 | -81.3% |
| Profit (loss) for the period to be appropriated | 9905 | €17,573 | €3,281 | -€14,292 | -81.3% |
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 16 October 2026 via checked.be.