GEENENTIJD: 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.
GEENENTIJD
Largest movements
- Cash +€85,378
up €85,378 (+19.3%), from €442,560 to €527,938
mainly Net result for the year (+€85,977) and Tax, wage and social debts (+€18,701)
- Receivables within one year +€24,535
up €24,535 (+27.9%), from €87,846 to €112,381
of which Trade receivables: +€25,990
- Reserves +€87,500
up €87,500 (+18.3%), from €476,860 to €564,360
of which Distributable reserves: +€89,360
- Tax, wage and social debts +€18,701
up €18,701 (+39.4%), from €47,411 to €66,112
of which Taxes: +€20,776
- Gross operating margin +€18,583
up €18,583 (+13.0%), from €143,347 to €161,930
- Taxes +€16,063
up €16,063 (+75.1%), from €21,402 to €37,465
- Depreciation -€7,972
down €7,972 (-87.7%), from €9,093 to €1,121
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 | €550,672 | €654,466 | +€103,794 | +18.8% |
| Fixed assets | 21/28 | €20,266 | €14,145 | -€6,121 | -30.2% |
| Tangible fixed assets | 22/27 | €10,266 | €9,145 | -€1,121 | -10.9% |
| Plant, machinery and equipment | 23 | €10,266 | €9,145 | -€1,121 | -10.9% |
| Financial fixed assets | 28 | €10,000 | €5,000 | -€5,000 | -50.0% |
| Current assets | 29/58 | €530,406 | €640,321 | +€109,915 | +20.7% |
| Amounts receivable within one year | 40/41 | €87,846 | €112,381 | +€24,535 | +27.9% |
| Trade receivables | 40 | €82,051 | €108,041 | +€25,990 | +31.7% |
| Other amounts receivable | 41 | €5,795 | €4,340 | -€1,455 | -25.1% |
| Cash at bank and in hand | 54/58 | €442,560 | €527,938 | +€85,378 | +19.3% |
| Deferred charges and accrued income | 490/1 | - | €2 | +€2 | |
| Total equity and liabilities | 10/49 | €550,672 | €654,466 | +€103,794 | +18.8% |
| Equity | 10/15 | €497,118 | €583,095 | +€85,977 | +17.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €476,860 | €564,360 | +€87,500 | +18.3% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €475,000 | €564,360 | +€89,360 | +18.8% |
| Profit (loss) carried forward | 14 | €1,658 | €135 | -€1,523 | -91.9% |
| Amounts payable | 17/49 | €53,554 | €71,371 | +€17,817 | +33.3% |
| Amounts payable within one year | 42/48 | €53,554 | €71,371 | +€17,817 | +33.3% |
| Trade debts | 44 | €6,143 | €5,259 | -€884 | -14.4% |
| Suppliers | 440/4 | €6,143 | €5,259 | -€884 | -14.4% |
| Taxes, remuneration and social security | 45 | €47,411 | €66,112 | +€18,701 | +39.4% |
| Taxes | 450/3 | €37,468 | €58,244 | +€20,776 | +55.4% |
| Remuneration and social security | 454/9 | €9,943 | €7,868 | -€2,075 | -20.9% |
| Remuneration, social security and pensions | 62 | €31,402 | €32,846 | +€1,444 | +4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,093 | €1,121 | -€7,972 | -87.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €4,441 | €4,441 | = | 0.0% |
| Other operating charges | 640/8 | €677 | €180 | -€497 | -73.4% |
| Gross operating margin | 9900 | €143,347 | €161,930 | +€18,583 | +13.0% |
| Operating profit (loss) | 9901 | €97,734 | €123,342 | +€25,608 | +26.2% |
| Financial income | 75/76B | €456 | €298 | -€158 | -34.6% |
| Recurring financial income | 75 | €456 | €298 | -€158 | -34.6% |
| Financial charges | 65/66B | €129 | €198 | +€69 | +53.5% |
| Recurring financial charges | 65 | €129 | €198 | +€69 | +53.5% |
| Profit (loss) for the period before taxes | 9903 | €98,061 | €123,442 | +€25,381 | +25.9% |
| Income taxes | 67/77 | €21,402 | €37,465 | +€16,063 | +75.1% |
| Profit (loss) for the period | 9904 | €76,659 | €85,977 | +€9,318 | +12.2% |
| Profit (loss) for the period to be appropriated | 9905 | €76,659 | €85,977 | +€9,318 | +12.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.