GEELEN TECHNIEK: 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.
GEELEN TECHNIEK
Largest movements
- Cash +€110,796
up €110,796 (+76.7%), from €144,384 to €255,180
mainly Net result for the year (+€180,100) and Other debts (+€135,000)
- Receivables within one year +€18,719
up €18,719 (+18.8%), from €99,425 to €118,144
of which Trade receivables: +€11,692
- Tangible fixed assets +€8,065
up €8,065 (+23.0%), from €35,026 to €43,091
of which Furniture and vehicles: +€14,659
- Other debts +€135,000
up €135,000 (+117%), from €115,000 to €250,000
- Reserves -€69,900
down €69,900 (-49.6%), from €141,045 to €71,144
- Tax, wage and social debts +€41,625
up €41,625 (+184%), from €22,633 to €64,258
of which Taxes: +€39,517
- Trade debts +€31,190
up €31,190 (+4,542%), from €687 to €31,877
- Gross operating margin +€83,800
up €83,800 (+47.0%), from €178,136 to €261,937
- Taxes +€19,855
up €19,855 (+47.1%), from €42,119 to €61,974
- Depreciation +€5,415
up €5,415 (+50.6%), from €10,712 to €16,127
- Financial charges +€3,441
up €3,441 (+1,083%), from €318 to €3,759
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 | €279,464 | €417,417 | +€137,953 | +49.4% |
| Fixed assets | 21/28 | €35,026 | €43,091 | +€8,065 | +23.0% |
| Tangible fixed assets | 22/27 | €35,026 | €43,091 | +€8,065 | +23.0% |
| Land and buildings | 22 | €4,624 | €3,980 | -€645 | -13.9% |
| Plant, machinery and equipment | 23 | €19,408 | €13,459 | -€5,950 | -30.7% |
| Furniture and vehicles | 24 | €10,994 | €25,653 | +€14,659 | +133% |
| Current assets | 29/58 | €244,438 | €374,326 | +€129,888 | +53.1% |
| Amounts receivable within one year | 40/41 | €99,425 | €118,144 | +€18,719 | +18.8% |
| Trade receivables | 40 | €85,619 | €97,312 | +€11,692 | +13.7% |
| Other amounts receivable | 41 | €13,805 | €20,832 | +€7,027 | +50.9% |
| Cash at bank and in hand | 54/58 | €144,384 | €255,180 | +€110,796 | +76.7% |
| Deferred charges and accrued income | 490/1 | €629 | €1,002 | +€373 | +59.3% |
| Total equity and liabilities | 10/49 | €279,464 | €417,417 | +€137,953 | +49.4% |
| Equity | 10/15 | €141,145 | €71,244 | -€69,900 | -49.5% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €141,045 | €71,144 | -€69,900 | -49.6% |
| Distributable reserves | 133 | €141,045 | €71,144 | -€69,900 | -49.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €138,319 | €346,173 | +€207,853 | +150% |
| Amounts payable within one year | 42/48 | €138,319 | €346,134 | +€207,815 | +150% |
| Trade debts | 44 | €687 | €31,877 | +€31,190 | +4,542% |
| Suppliers | 440/4 | €687 | €31,877 | +€31,190 | +4,542% |
| Taxes, remuneration and social security | 45 | €22,633 | €64,258 | +€41,625 | +184% |
| Taxes | 450/3 | €22,633 | €62,149 | +€39,517 | +175% |
| Remuneration and social security | 454/9 | - | €2,108 | +€2,108 | |
| Other amounts payable | 47/48 | €115,000 | €250,000 | +€135,000 | +117% |
| Accrued charges and deferred income | 492/3 | - | €38 | +€38 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,712 | €16,127 | +€5,415 | +50.6% |
| Other operating charges | 640/8 | €222 | €1,193 | +€971 | +437% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €178,136 | €261,937 | +€83,800 | +47.0% |
| Operating profit (loss) | 9901 | €167,202 | €244,617 | +€77,414 | +46.3% |
| Financial income | 75/76B | €675 | €1,215 | +€540 | +79.9% |
| Recurring financial income | 75 | €675 | €1,215 | +€540 | +79.9% |
| Financial charges | 65/66B | €318 | €3,759 | +€3,441 | +1,083% |
| Recurring financial charges | 65 | €318 | €3,759 | +€3,441 | +1,083% |
| Profit (loss) for the period before taxes | 9903 | €167,560 | €242,074 | +€74,514 | +44.5% |
| Income taxes | 67/77 | €42,119 | €61,974 | +€19,855 | +47.1% |
| Profit (loss) for the period | 9904 | €125,441 | €180,100 | +€54,659 | +43.6% |
| Profit (loss) for the period to be appropriated | 9905 | €125,441 | €180,100 | +€54,659 | +43.6% |
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 31 October 2026 via checked.be.