GEEMART: what changed
GEEMART
Largest movements
- Cash +€28,666
up €28,666 (+5.1%), from €563,098 to €591,764
mainly Other debts (+€27,126) and Depreciation (+€16,865)
- Tangible fixed assets -€16,865
down €16,865 (-34.6%), from €48,782 to €31,917
of which Furniture and vehicles: -€15,411
- Other debts +€27,126
up €27,126 (+4.7%), from €578,119 to €605,245
- Financial income -€49,917
down €49,917 (-48.5%), from €102,843 to €52,926
of which Financial income: -€50,000
- Gross operating margin -€23,493
down €23,493, from €21,789 to -€1,704
- Financial charges -€2,466
down €2,466 (-5.7%), from €43,395 to €40,929
- Depreciation -€747
down €747 (-4.2%), from €17,612 to €16,865
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,611,880 | €1,626,982 | +€15,103 | +0.9% |
| Fixed assets | 21/28 | €1,048,782 | €1,031,917 | -€16,865 | -1.6% |
| Tangible fixed assets | 22/27 | €48,782 | €31,917 | -€16,865 | -34.6% |
| Plant, machinery and equipment | 23 | €5,121 | €3,668 | -€1,454 | -28.4% |
| Furniture and vehicles | 24 | €43,661 | €28,249 | -€15,411 | -35.3% |
| Financial fixed assets | 28 | €1,000,000 | €1,000,000 | = | 0.0% |
| Current assets | 29/58 | €563,098 | €595,066 | +€31,968 | +5.7% |
| Amounts receivable within one year | 40/41 | - | €3,302 | +€3,302 | |
| Other amounts receivable | 41 | - | €3,302 | +€3,302 | |
| Cash at bank and in hand | 54/58 | €563,098 | €591,764 | +€28,666 | +5.1% |
| Total equity and liabilities | 10/49 | €1,611,880 | €1,626,982 | +€15,103 | +0.9% |
| Equity | 10/15 | €1,012,647 | €1,006,074 | -€6,572 | -0.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €693,131 | €693,131 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €675,000 | €675,000 | = | 0.0% |
| Distributable reserves | 133 | €16,271 | €16,271 | = | 0.0% |
| Profit (loss) carried forward | 14 | €300,916 | €294,343 | -€6,572 | -2.2% |
| Amounts payable | 17/49 | €599,233 | €620,908 | +€21,675 | +3.6% |
| Amounts payable within one year | 42/48 | €599,233 | €620,908 | +€21,675 | +3.6% |
| Taxes, remuneration and social security | 45 | €21,114 | €15,663 | -€5,451 | -25.8% |
| Taxes | 450/3 | €17,714 | €15,663 | -€2,051 | -11.6% |
| Remuneration and social security | 454/9 | €3,400 | - | -€3,400 | |
| Other amounts payable | 47/48 | €578,119 | €605,245 | +€27,126 | +4.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,612 | €16,865 | -€747 | -4.2% |
| Gross operating margin | 9900 | €21,789 | -€1,704 | -€23,493 | |
| Operating profit (loss) | 9901 | €4,177 | -€18,569 | -€22,746 | |
| Financial income | 75/76B | €102,843 | €52,926 | -€49,917 | -48.5% |
| Recurring financial income | 75 | €100,000 | €50,000 | -€50,000 | -50.0% |
| Non-recurring financial income | 76B | €2,843 | €2,926 | +€83 | +2.9% |
| Financial charges | 65/66B | €43,395 | €40,929 | -€2,466 | -5.7% |
| Recurring financial charges | 65 | €43,395 | €40,929 | -€2,466 | -5.7% |
| Profit (loss) for the period before taxes | 9903 | €63,626 | -€6,572 | -€70,198 | |
| Profit (loss) for the period | 9904 | €63,626 | -€6,572 | -€70,198 | |
| Profit (loss) for the period to be appropriated | 9905 | €63,626 | -€6,572 | -€70,198 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.