DR. Jan Geiss: 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.
DR. Jan Geiss
Largest movements
- Receivables within one year +€24,039
up €24,039 (+37.0%), from €64,933 to €88,972
of which Trade receivables: +€51,425
- Cash -€22,659
down €22,659 (-99.5%), from €22,784 to €125
mainly Other debts (-€120,333) and Investment in fixed assets (net) (-€29,209)
- Tangible fixed assets +€8,918
up €8,918 (+14.0%), from €63,652 to €72,571
of which Furniture and vehicles: +€9,074
- Reserves +€122,645
new in 2025: €122,645
- Other debts -€120,333
down €120,333 (-100%), from €120,333 to €0
- Tax, wage and social debts +€5,403
up €5,403 (+30.8%), from €17,568 to €22,971
- Depreciation -€7,798
down €7,798 (-27.8%), from €28,088 to €20,290
- Gross operating margin -€2,758
down €2,758 (-1.5%), from €180,597 to €177,840
- Financial income -€1,983
down €1,983 (-61.6%), from €3,219 to €1,236
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 | €154,093 | €162,903 | +€8,810 | +5.7% |
| Fixed assets | 21/28 | €63,652 | €72,571 | +€8,918 | +14.0% |
| Tangible fixed assets | 22/27 | €63,652 | €72,571 | +€8,918 | +14.0% |
| Plant, machinery and equipment | 23 | €1,078 | €922 | -€156 | -14.5% |
| Furniture and vehicles | 24 | €62,574 | €71,648 | +€9,074 | +14.5% |
| Current assets | 29/58 | €90,441 | €90,332 | -€108 | -0.1% |
| Amounts receivable within one year | 40/41 | €64,933 | €88,972 | +€24,039 | +37.0% |
| Trade receivables | 40 | €0 | €51,425 | +€51,425 | |
| Other amounts receivable | 41 | €64,933 | €37,547 | -€27,386 | -42.2% |
| Cash at bank and in hand | 54/58 | €22,784 | €125 | -€22,659 | -99.5% |
| Deferred charges and accrued income | 490/1 | €2,724 | €1,236 | -€1,488 | -54.6% |
| Total equity and liabilities | 10/49 | €154,093 | €162,903 | +€8,810 | +5.7% |
| Equity | 10/15 | €13,000 | €135,645 | +€122,645 | +943% |
| Contributions | 10/11 | €13,000 | €13,000 | = | 0.0% |
| Reserves | 13 | - | €122,645 | +€122,645 | |
| Distributable reserves | 133 | - | €122,645 | +€122,645 | |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €141,093 | €27,258 | -€113,835 | -80.7% |
| Amounts payable within one year | 42/48 | €141,093 | €27,258 | -€113,835 | -80.7% |
| Financial debts | 43 | €9 | €138 | +€129 | +1,404% |
| Credit institutions | 430/8 | €9 | €138 | +€129 | +1,404% |
| Trade debts | 44 | €3,183 | €4,148 | +€966 | +30.4% |
| Suppliers | 440/4 | €3,183 | €4,148 | +€966 | +30.4% |
| Taxes, remuneration and social security | 45 | €17,568 | €22,971 | +€5,403 | +30.8% |
| Taxes | 450/3 | €17,568 | €22,971 | +€5,403 | +30.8% |
| Other amounts payable | 47/48 | €120,333 | €0 | -€120,333 | -100% |
| Non-recurring operating income | 76A | - | €1,359 | +€1,359 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,088 | €20,290 | -€7,798 | -27.8% |
| Other operating charges | 640/8 | €589 | €636 | +€47 | +7.9% |
| Gross operating margin | 9900 | €180,597 | €177,840 | -€2,758 | -1.5% |
| Operating profit (loss) | 9901 | €151,920 | €156,913 | +€4,993 | +3.3% |
| Financial income | 75/76B | €3,219 | €1,236 | -€1,983 | -61.6% |
| Recurring financial income | 75 | €3,219 | €1,236 | -€1,983 | -61.6% |
| Financial charges | 65/66B | €215 | €246 | +€31 | +14.5% |
| Recurring financial charges | 65 | €215 | €246 | +€31 | +14.5% |
| Profit (loss) for the period before taxes | 9903 | €154,923 | €157,903 | +€2,980 | +1.9% |
| Income taxes | 67/77 | €34,590 | €35,257 | +€667 | +1.9% |
| Profit (loss) for the period | 9904 | €120,333 | €122,645 | +€2,312 | +1.9% |
| Profit (loss) for the period to be appropriated | 9905 | €120,333 | €122,645 | +€2,312 | +1.9% |
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 30 October 2026 via checked.be.