Geency: 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.
Geency
Largest movements
- Cash +€1.3m
up €1.3m (+301.1%), from €446,988 to €1.8m
mainly Net result for the year (+€1.3m) and Tax, wage and social debts (+€433,486)
- Current investments +€475,000
new in 2024: €475,000
- Receivables within one year -€37,377
down €37,377 (-85.4%), from €43,755 to €6,378
of which Trade receivables: -€40,000
- Profit (loss) carried forward +€1.3m
up €1.3m (+339.3%), from €396,860 to €1.7m
- Tax, wage and social debts +€433,486
up €433,486 (+474.3%), from €91,394 to €524,880
- Financial income +€1.5m
up €1.5m (+19421.8%), from €7,930 to €1.5m
- Taxes +€356,294
up €356,294 (+380.0%), from €93,757 to €450,051
- Gross operating margin -€131,781
down €131,781 (-34.5%), from €382,146 to €250,365
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €493,342 | €2,278,529 | +€1.8m | +361.9% |
| Fixed assets | 21/28 | - | €1,462 | +€1,462 | |
| Tangible fixed assets | 22/27 | - | €1,462 | +€1,462 | |
| Furniture and vehicles | 24 | - | €1,462 | +€1,462 | |
| Current assets | 29/58 | €493,342 | €2,277,067 | +€1.8m | +361.6% |
| Stocks and contracts in progress | 3 | €2,599 | €2,599 | = | 0.0% |
| Stocks | 30/36 | €2,599 | €2,599 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €43,755 | €6,378 | -€37,377 | -85.4% |
| Trade receivables | 40 | €40,000 | €0 | -€40,000 | -100.0% |
| Other amounts receivable | 41 | €3,755 | €6,378 | +€2,623 | +69.9% |
| Current investments | 50/53 | - | €475,000 | +€475,000 | |
| Cash at bank and in hand | 54/58 | €446,988 | €1,792,914 | +€1.3m | +301.1% |
| Deferred charges and accrued income | 490/1 | - | €175 | +€175 | |
| Total equity and liabilities | 10/49 | €493,342 | €2,278,529 | +€1.8m | +361.9% |
| Equity | 10/15 | €401,860 | €1,748,521 | +€1.3m | +335.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €396,860 | €1,743,521 | +€1.3m | +339.3% |
| Amounts payable | 17/49 | €91,482 | €530,008 | +€438,526 | +479.4% |
| Amounts payable within one year | 42/48 | €91,482 | €530,008 | +€438,526 | +479.4% |
| Trade debts | 44 | €88 | €5,129 | +€5,041 | +5720.3% |
| Suppliers | 440/4 | €88 | €5,129 | +€5,041 | +5720.3% |
| Taxes, remuneration and social security | 45 | €91,394 | €524,880 | +€433,486 | +474.3% |
| Taxes | 450/3 | €91,394 | €524,880 | +€433,486 | +474.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €197 | +€197 | |
| Other operating charges | 640/8 | €446 | €589 | +€143 | +32.2% |
| Gross operating margin | 9900 | €382,146 | €250,365 | -€131,781 | -34.5% |
| Operating profit (loss) | 9901 | €381,700 | €249,579 | -€132,121 | -34.6% |
| Financial income | 75/76B | €7,930 | €1,547,999 | +€1.5m | +19421.8% |
| Recurring financial income | 75 | €7,930 | €1,547,999 | +€1.5m | +19421.8% |
| Financial charges | 65/66B | €20 | €866 | +€846 | +4196.2% |
| Recurring financial charges | 65 | €20 | €866 | +€846 | +4196.2% |
| Profit (loss) for the period before taxes | 9903 | €389,610 | €1,796,712 | +€1.4m | +361.2% |
| Income taxes | 67/77 | €93,757 | €450,051 | +€356,294 | +380.0% |
| Profit (loss) for the period | 9904 | €295,853 | €1,346,661 | +€1.1m | +355.2% |
| Profit (loss) for the period to be appropriated | 9905 | €295,853 | €1,346,661 | +€1.1m | +355.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.