GEELS AUTOGLAS: 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.
GEELS AUTOGLAS
Largest movements
- Tangible fixed assets -€9,669
down €9,669 (-7.6%), from €127,177 to €117,508
- Cash -€8,328
down €8,328 (-94.2%), from €8,842 to €514
mainly Debts after one year (-€14,614) and Receivables within one year (-€5,911)
- Receivables within one year +€5,911
new in 2025: €5,911
of which Other amounts receivable: +€5,193
- Debts after one year -€14,614
down €14,614 (-49.1%), from €29,744 to €15,130
- Profit (loss) carried forward +€5,622
up €5,622 (+28.5%), from -€19,748 to -€14,125
- Tax, wage and social debts -€2,729
no longer reported in 2025 (was €2,729)
- Taxes +€6,221
new in 2025: €6,221
- Gross operating margin +€4,923
up €4,923 (+24.9%), from €19,795 to €24,718
- Financial charges -€510
down €510 (-27.6%), from €1,852 to €1,341
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 | €136,286 | €124,208 | -€12,078 | -8.9% |
| Fixed assets | 21/28 | €127,177 | €117,508 | -€9,669 | -7.6% |
| Tangible fixed assets | 22/27 | €127,177 | €117,508 | -€9,669 | -7.6% |
| Land and buildings | 22 | €127,177 | €117,508 | -€9,669 | -7.6% |
| Current assets | 29/58 | €9,109 | €6,700 | -€2,409 | -26.4% |
| Amounts receivable within one year | 40/41 | - | €5,911 | +€5,911 | |
| Trade receivables | 40 | - | €718 | +€718 | |
| Other amounts receivable | 41 | - | €5,193 | +€5,193 | |
| Cash at bank and in hand | 54/58 | €8,842 | €514 | -€8,328 | -94.2% |
| Deferred charges and accrued income | 490/1 | €267 | €275 | +€7 | +2.7% |
| Total equity and liabilities | 10/49 | €136,286 | €124,208 | -€12,078 | -8.9% |
| Equity | 10/15 | €87,329 | €92,951 | +€5,622 | +6.4% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €57,076 | €57,076 | = | 0.0% |
| Distributable reserves | 133 | €57,076 | €57,076 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,748 | -€14,125 | +€5,622 | +28.5% |
| Amounts payable | 17/49 | €48,957 | €31,256 | -€17,701 | -36.2% |
| Amounts payable after more than one year | 17 | €29,744 | €15,130 | -€14,614 | -49.1% |
| Financial debts | 170/4 | €29,744 | €15,130 | -€14,614 | -49.1% |
| Amounts payable within one year | 42/48 | €19,213 | €16,126 | -€3,087 | -16.1% |
| Current portion of amounts payable after more than one year | 42 | €14,115 | €14,614 | +€499 | +3.5% |
| Trade debts | 44 | €2,368 | €1,512 | -€856 | -36.1% |
| Suppliers | 440/4 | €2,368 | €1,512 | -€856 | -36.1% |
| Taxes, remuneration and social security | 45 | €2,729 | - | -€2,729 | |
| Taxes | 450/3 | €2,729 | - | -€2,729 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,805 | €9,669 | -€136 | -1.4% |
| Other operating charges | 640/8 | €1,897 | €2,005 | +€108 | +5.7% |
| Gross operating margin | 9900 | €19,795 | €24,718 | +€4,923 | +24.9% |
| Operating profit (loss) | 9901 | €8,093 | €13,044 | +€4,951 | +61.2% |
| Financial income | 75/76B | €166 | €141 | -€26 | -15.5% |
| Recurring financial income | 75 | €166 | €141 | -€26 | -15.5% |
| Financial charges | 65/66B | €1,852 | €1,341 | -€510 | -27.6% |
| Recurring financial charges | 65 | €1,852 | €1,341 | -€510 | -27.6% |
| Profit (loss) for the period before taxes | 9903 | €6,408 | €11,843 | +€5,436 | +84.8% |
| Income taxes | 67/77 | - | €6,221 | +€6,221 | |
| Profit (loss) for the period | 9904 | €6,408 | €5,622 | -€785 | -12.3% |
| Profit (loss) for the period to be appropriated | 9905 | €6,408 | €5,622 | -€785 | -12.3% |
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 28 October 2026 via checked.be.