De Geperste Kop: 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.
De Geperste Kop
Largest movements
- Cash -€2,057
down €2,057 (-14.2%), from €14,475 to €12,418
mainly Contributions, distributions and other (-€10,859) and Tax, wage and social debts (-€2,088)
- Receivables within one year -€450
down €450 (-11.2%), from €4,037 to €3,586
of which Trade receivables: -€653
- Tax, wage and social debts -€2,088
no longer reported in 2025 (was €2,088)
- Reserves -€1,391
down €1,391 (-11.0%), from €12,671 to €11,280
- Other debts +€859
new in 2025: €859
- Gross operating margin -€1,562
down €1,562 (-10.6%), from €14,693 to €13,131
- Taxes -€339
down €339 (-9.0%), from €3,760 to €3,421
- Depreciation -€164
down €164 (-62.4%), from €263 to €99
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 | €19,040 | €16,455 | -€2,584 | -13.6% |
| Fixed assets | 21/28 | €99 | - | -€99 | |
| Tangible fixed assets | 22/27 | €99 | - | -€99 | |
| Plant, machinery and equipment | 23 | €99 | - | -€99 | |
| Current assets | 29/58 | €18,940 | €16,455 | -€2,485 | -13.1% |
| Amounts receivable within one year | 40/41 | €4,037 | €3,586 | -€450 | -11.2% |
| Trade receivables | 40 | €653 | - | -€653 | |
| Other amounts receivable | 41 | €3,383 | €3,586 | +€203 | +6.0% |
| Cash at bank and in hand | 54/58 | €14,475 | €12,418 | -€2,057 | -14.2% |
| Deferred charges and accrued income | 490/1 | €429 | €451 | +€22 | +5.1% |
| Total equity and liabilities | 10/49 | €19,040 | €16,455 | -€2,584 | -13.6% |
| Equity | 10/15 | €15,671 | €14,280 | -€1,391 | -8.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €12,671 | €11,280 | -€1,391 | -11.0% |
| Distributable reserves | 133 | €12,671 | €11,280 | -€1,391 | -11.0% |
| Amounts payable | 17/49 | €3,369 | €2,175 | -€1,194 | -35.4% |
| Amounts payable within one year | 42/48 | €3,340 | €2,150 | -€1,190 | -35.6% |
| Trade debts | 44 | €1,252 | €1,291 | +€39 | +3.1% |
| Suppliers | 440/4 | €1,252 | €1,291 | +€39 | +3.1% |
| Taxes, remuneration and social security | 45 | €2,088 | - | -€2,088 | |
| Taxes | 450/3 | €2,088 | - | -€2,088 | |
| Other amounts payable | 47/48 | - | €859 | +€859 | |
| Accrued charges and deferred income | 492/3 | €28 | €25 | -€3 | -11.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €263 | €99 | -€164 | -62.4% |
| Other operating charges | 640/8 | €254 | €227 | -€28 | -10.9% |
| Gross operating margin | 9900 | €14,693 | €13,131 | -€1,562 | -10.6% |
| Operating profit (loss) | 9901 | €14,175 | €12,805 | -€1,370 | -9.7% |
| Financial income | 75/76B | €139 | €126 | -€13 | -9.4% |
| Recurring financial income | 75 | €139 | €126 | -€13 | -9.4% |
| Non-recurring financial income | 76B | €139 | €126 | -€13 | -9.4% |
| Financial charges | 65/66B | €42 | €42 | +€0 | +0.2% |
| Recurring financial charges | 65 | €42 | €42 | +€0 | +0.2% |
| Profit (loss) for the period before taxes | 9903 | €14,273 | €12,889 | -€1,383 | -9.7% |
| Income taxes | 67/77 | €3,760 | €3,421 | -€339 | -9.0% |
| Profit (loss) for the period | 9904 | €10,512 | €9,468 | -€1,044 | -9.9% |
| Profit (loss) for the period to be appropriated | 9905 | €10,512 | €9,468 | -€1,044 | -9.9% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.