Didier Geoffroy Heating: 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.
Didier Geoffroy Heating
Largest movements
- Receivables within one year +€40,495
up €40,495 (+242%), from €16,735 to €57,230
of which Trade receivables: +€42,794
- Cash -€4,437
down €4,437 (-79.7%), from €5,565 to €1,128
mainly Receivables within one year (-€40,495) and Investment in fixed assets (net) (-€2,286)
- Tangible fixed assets +€1,047
up €1,047 (+49.8%), from €2,101 to €3,148
of which Plant, machinery and equipment: +€1,339
- Trade debts +€23,905
up €23,905 (+1,709%), from €1,399 to €25,304
- Tax, wage and social debts +€11,069
new in 2025: €11,069
of which Taxes: +€10,373
- Accrued charges and deferred income +€3,213
up €3,213 (+250%), from €1,287 to €4,500
- Staff costs +€2,196
new in 2025: €2,196
- Depreciation +€779
up €779 (+311%), from €251 to €1,029
- Taxes -€406
down €406 (-36.8%), from €1,102 to €697
- Other operating charges -€267
down €267 (-57.2%), from €467 to €200
- Gross operating margin -€249
down €249 (-5.9%), from €4,197 to €3,947
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 | €24,400 | €61,715 | +€37,315 | +153% |
| Fixed assets | 21/28 | €2,101 | €3,358 | +€1,257 | +59.8% |
| Tangible fixed assets | 22/27 | €2,101 | €3,148 | +€1,047 | +49.8% |
| Plant, machinery and equipment | 23 | €832 | €2,171 | +€1,339 | +161% |
| Furniture and vehicles | 24 | €1,269 | €977 | -€292 | -23.0% |
| Financial fixed assets | 28 | - | €210 | +€210 | |
| Current assets | 29/58 | €22,299 | €58,357 | +€36,058 | +162% |
| Amounts receivable within one year | 40/41 | €16,735 | €57,230 | +€40,495 | +242% |
| Trade receivables | 40 | €10,538 | €53,332 | +€42,794 | +406% |
| Other amounts receivable | 41 | €6,197 | €3,898 | -€2,300 | -37.1% |
| Cash at bank and in hand | 54/58 | €5,565 | €1,128 | -€4,437 | -79.7% |
| Total equity and liabilities | 10/49 | €24,400 | €61,715 | +€37,315 | +153% |
| Equity | 10/15 | €20,290 | €19,918 | -€372 | -1.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,290 | €17,918 | -€372 | -2.0% |
| Amounts payable | 17/49 | €4,111 | €41,798 | +€37,687 | +917% |
| Amounts payable within one year | 42/48 | €2,823 | €37,298 | +€34,474 | +1,221% |
| Trade debts | 44 | €1,399 | €25,304 | +€23,905 | +1,709% |
| Suppliers | 440/4 | €1,399 | €25,304 | +€23,905 | +1,709% |
| Taxes, remuneration and social security | 45 | - | €11,069 | +€11,069 | |
| Taxes | 450/3 | - | €10,373 | +€10,373 | |
| Remuneration and social security | 454/9 | - | €696 | +€696 | |
| Other amounts payable | 47/48 | €1,425 | €925 | -€500 | -35.1% |
| Accrued charges and deferred income | 492/3 | €1,287 | €4,500 | +€3,213 | +250% |
| Remuneration, social security and pensions | 62 | - | €2,196 | +€2,196 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €251 | €1,029 | +€779 | +311% |
| Other operating charges | 640/8 | €467 | €200 | -€267 | -57.2% |
| Gross operating margin | 9900 | €4,197 | €3,947 | -€249 | -5.9% |
| Operating profit (loss) | 9901 | €3,479 | €522 | -€2,957 | -85.0% |
| Financial income | 75/76B | €5 | €128 | +€123 | +2,487% |
| Recurring financial income | 75 | €5 | €128 | +€123 | +2,487% |
| Financial charges | 65/66B | €175 | €325 | +€151 | +86.3% |
| Recurring financial charges | 65 | €175 | €325 | +€151 | +86.3% |
| Profit (loss) for the period before taxes | 9903 | €3,309 | €325 | -€2,984 | -90.2% |
| Income taxes | 67/77 | €1,102 | €697 | -€406 | -36.8% |
| Profit (loss) for the period | 9904 | €2,207 | -€372 | -€2,578 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,207 | -€372 | -€2,578 |
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 24 October 2026 via checked.be.