Dr. GEYPEN LORE: what changed
Two fiscal 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.
Dr. GEYPEN LORE
Largest movements
- Cash +€16,091
up €16,091 (+348.1%), from €4,623 to €20,714
mainly Net result for the year (+€17,479) and Depreciation (+€4,730)
- Tangible fixed assets -€4,730
down €4,730 (-25.0%), from €18,902 to €14,172
- Reserves +€17,479
up €17,479 (+71.9%), from €24,307 to €41,786
- Tax, wage and social debts -€3,669
no longer reported in 2025 (was €3,669)
- Trade debts -€1,495
down €1,495 (-83.1%), from €1,798 to €303
- Other debts -€1,188
down €1,188 (-87.2%), from €1,363 to €175
- Gross operating margin +€10,091
up €10,091 (+54.0%), from €18,688 to €28,779
- Depreciation +€3,933
up €3,933 (+493.6%), from €797 to €4,730
- Taxes +€1,585
up €1,585 (+41.4%), from €3,829 to €5,414
- Financial charges -€1,138
down €1,138 (-88.2%), from €1,291 to €153
- Other operating charges +€835
up €835 (+498.5%), from €168 to €1,003
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.
Cash bridge derived
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 | €32,137 | €43,264 | +€11,127 | +34.6% |
| Fixed assets | 21/28 | €18,902 | €14,172 | -€4,730 | -25.0% |
| Tangible fixed assets | 22/27 | €18,902 | €14,172 | -€4,730 | -25.0% |
| Furniture and vehicles | 24 | €18,902 | €14,172 | -€4,730 | -25.0% |
| Current assets | 29/58 | €13,235 | €29,091 | +€15,857 | +119.8% |
| Amounts receivable within one year | 40/41 | €8,612 | €8,377 | -€235 | -2.7% |
| Other amounts receivable | 41 | €8,612 | €8,377 | -€235 | -2.7% |
| Cash at bank and in hand | 54/58 | €4,623 | €20,714 | +€16,091 | +348.1% |
| Total equity and liabilities | 10/49 | €32,137 | €43,264 | +€11,127 | +34.6% |
| Equity | 10/15 | €25,307 | €42,786 | +€17,479 | +69.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €24,307 | €41,786 | +€17,479 | +71.9% |
| Distributable reserves | 133 | €24,307 | €41,786 | +€17,479 | +71.9% |
| Amounts payable | 17/49 | €6,830 | €478 | -€6,352 | -93.0% |
| Amounts payable within one year | 42/48 | €6,830 | €478 | -€6,352 | -93.0% |
| Trade debts | 44 | €1,798 | €303 | -€1,495 | -83.1% |
| Suppliers | 440/4 | €1,798 | €303 | -€1,495 | -83.1% |
| Taxes, remuneration and social security | 45 | €3,669 | - | -€3,669 | |
| Taxes | 450/3 | €3,669 | - | -€3,669 | |
| Other amounts payable | 47/48 | €1,363 | €175 | -€1,188 | -87.2% |
| Non-recurring operating income | 76A | €7,045 | - | -€7,045 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €797 | €4,730 | +€3,933 | +493.6% |
| Other operating charges | 640/8 | €168 | €1,003 | +€835 | +498.5% |
| Gross operating margin | 9900 | €18,688 | €28,779 | +€10,091 | +54.0% |
| Operating profit (loss) | 9901 | €17,723 | €23,046 | +€5,323 | +30.0% |
| Financial charges | 65/66B | €1,291 | €153 | -€1,138 | -88.2% |
| Recurring financial charges | 65 | €1,291 | €153 | -€1,138 | -88.2% |
| Profit (loss) for the period before taxes | 9903 | €16,432 | €22,893 | +€6,461 | +39.3% |
| Income taxes | 67/77 | €3,829 | €5,414 | +€1,585 | +41.4% |
| Profit (loss) for the period | 9904 | €12,604 | €17,479 | +€4,876 | +38.7% |
| Profit (loss) for the period to be appropriated | 9905 | €12,604 | €17,479 | +€4,876 | +38.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.