GEEBRA: 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.
GEEBRA
Largest movements
- Current investments +€12,000
new in 2025: €12,000
- Receivables after one year +€4,323
up €4,323 (+38.0%), from €11,363 to €15,685
of which Trade receivables: +€5,323
- Tangible fixed assets -€1,169
down €1,169 (-45.8%), from €2,553 to €1,384
of which Furniture and vehicles: -€607
- Other debts +€29,233
up €29,233 (+2883.6%), from €1,014 to €30,246
- Reserves -€20,225
down €20,225 (-91.7%), from €22,054 to €1,829
- Trade debts +€3,547
up €3,547 (+369.6%), from €960 to €4,506
- Tax, wage and social debts +€2,245
up €2,245 (+54.5%), from €4,119 to €6,364
of which Taxes: +€1,175
- Gross operating margin +€2,201
up €2,201 (+15.6%), from €14,084 to €16,285
- Taxes +€895
up €895 (+36.2%), from €2,474 to €3,369
- Other operating charges +€298
up €298 (+32.5%), from €917 to €1,215
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 | €28,246 | €43,046 | +€14,800 | +52.4% |
| Fixed assets | 21/28 | €2,553 | €1,384 | -€1,169 | -45.8% |
| Tangible fixed assets | 22/27 | €2,553 | €1,384 | -€1,169 | -45.8% |
| Plant, machinery and equipment | 23 | €1,166 | €604 | -€562 | -48.2% |
| Furniture and vehicles | 24 | €1,386 | €780 | -€607 | -43.8% |
| Current assets | 29/58 | €25,693 | €41,662 | +€15,968 | +62.1% |
| Amounts receivable after more than one year | 29 | €11,363 | €15,685 | +€4,323 | +38.0% |
| Trade receivables | 290 | €10,337 | €15,660 | +€5,323 | +51.5% |
| Other amounts receivable | 291 | €1,026 | €26 | -€1,000 | -97.5% |
| Current investments | 50/53 | - | €12,000 | +€12,000 | |
| Cash at bank and in hand | 54/58 | €10,610 | €10,389 | -€220 | -2.1% |
| Deferred charges and accrued income | 490/1 | €3,721 | €3,587 | -€134 | -3.6% |
| Total equity and liabilities | 10/49 | €28,246 | €43,046 | +€14,800 | +52.4% |
| Equity | 10/15 | €22,154 | €1,929 | -€20,225 | -91.3% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €22,054 | €1,829 | -€20,225 | -91.7% |
| Distributable reserves | 133 | €22,054 | €1,829 | -€20,225 | -91.7% |
| Amounts payable | 17/49 | €6,092 | €41,117 | +€35,025 | +574.9% |
| Amounts payable within one year | 42/48 | €6,092 | €41,117 | +€35,025 | +574.9% |
| Trade debts | 44 | €960 | €4,506 | +€3,547 | +369.6% |
| Suppliers | 440/4 | €960 | €4,506 | +€3,547 | +369.6% |
| Taxes, remuneration and social security | 45 | €4,119 | €6,364 | +€2,245 | +54.5% |
| Taxes | 450/3 | €4,119 | €5,294 | +€1,175 | +28.5% |
| Remuneration and social security | 454/9 | - | €1,070 | +€1,070 | |
| Other amounts payable | 47/48 | €1,014 | €30,246 | +€29,233 | +2883.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,128 | €1,169 | +€41 | +3.6% |
| Other operating charges | 640/8 | €917 | €1,215 | +€298 | +32.5% |
| Gross operating margin | 9900 | €14,084 | €16,285 | +€2,201 | +15.6% |
| Operating profit (loss) | 9901 | €12,039 | €13,902 | +€1,862 | +15.5% |
| Financial charges | 65/66B | €670 | €758 | +€88 | +13.1% |
| Recurring financial charges | 65 | €670 | €758 | +€88 | +13.1% |
| Profit (loss) for the period before taxes | 9903 | €11,369 | €13,144 | +€1,775 | +15.6% |
| Income taxes | 67/77 | €2,474 | €3,369 | +€895 | +36.2% |
| Profit (loss) for the period | 9904 | €8,895 | €9,775 | +€880 | +9.9% |
| Profit (loss) for the period to be appropriated | 9905 | €8,895 | €9,775 | +€880 | +9.9% |
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 12 October 2026 via checked.be.