GEENS ADVOCATUUR: what changed
Two fiscal 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.
GEENS ADVOCATUUR
Largest movements
- Receivables within one year +€67,923
up €67,923 (+46.4%), from €146,232 to €214,155
of which Trade receivables: +€35,744
- Cash +€53,580
up €53,580 (+35.8%), from €149,529 to €203,109
mainly Net result for the year (+€209,596) and Debts after one year (+€150,000)
- Current investments -€43,951
down €43,951 (-77.8%), from €56,506 to €12,555
- Deferred charges and accrued income -€11,569
down €11,569 (-86.5%), from €13,380 to €1,811
- Debts after one year +€150,000
new in 2025: €150,000
- Profit (loss) carried forward -€116,874
down €116,874 (-63.6%), from €183,691 to €66,817
- Tax, wage and social debts +€28,164
up €28,164 (+226.1%), from €12,457 to €40,621
- Gross operating margin +€40,230
up €40,230 (+16.8%), from €239,409 to €279,639
- Taxes +€13,168
up €13,168 (+21.0%), from €62,590 to €75,758
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.
Cash bridge derived
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 | €376,050 | €441,736 | +€65,686 | +17.5% |
| Fixed assets | 21/28 | €10,404 | €10,106 | -€298 | -2.9% |
| Tangible fixed assets | 22/27 | €10,404 | €10,106 | -€298 | -2.9% |
| Land and buildings | 22 | €643 | €321 | -€321 | -50.0% |
| Furniture and vehicles | 24 | €5,229 | €5,872 | +€643 | +12.3% |
| Other tangible fixed assets | 26 | €4,532 | €3,912 | -€620 | -13.7% |
| Current assets | 29/58 | €365,646 | €431,630 | +€65,984 | +18.0% |
| Amounts receivable within one year | 40/41 | €146,232 | €214,155 | +€67,923 | +46.4% |
| Trade receivables | 40 | €1,560 | €37,304 | +€35,744 | +2290.7% |
| Other amounts receivable | 41 | €144,671 | €176,851 | +€32,179 | +22.2% |
| Current investments | 50/53 | €56,506 | €12,555 | -€43,951 | -77.8% |
| Cash at bank and in hand | 54/58 | €149,529 | €203,109 | +€53,580 | +35.8% |
| Deferred charges and accrued income | 490/1 | €13,380 | €1,811 | -€11,569 | -86.5% |
| Total equity and liabilities | 10/49 | €376,050 | €441,736 | +€65,686 | +17.5% |
| Equity | 10/15 | €204,151 | €87,277 | -€116,874 | -57.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €183,691 | €66,817 | -€116,874 | -63.6% |
| Amounts payable | 17/49 | €171,899 | €354,459 | +€182,560 | +106.2% |
| Amounts payable after more than one year | 17 | - | €150,000 | +€150,000 | |
| Other amounts payable | 178/9 | - | €150,000 | +€150,000 | |
| Amounts payable within one year | 42/48 | €171,899 | €204,459 | +€32,560 | +18.9% |
| Trade debts | 44 | €953 | €1,808 | +€856 | +89.8% |
| Suppliers | 440/4 | €953 | €1,808 | +€856 | +89.8% |
| Taxes, remuneration and social security | 45 | €12,457 | €40,621 | +€28,164 | +226.1% |
| Taxes | 450/3 | €12,457 | €40,621 | +€28,164 | +226.1% |
| Other amounts payable | 47/48 | €158,490 | €162,029 | +€3,540 | +2.2% |
| Non-recurring operating income | 76A | - | €6,099 | +€6,099 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,477 | €2,657 | +€180 | +7.3% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | €239,409 | €279,639 | +€40,230 | +16.8% |
| Operating profit (loss) | 9901 | €236,814 | €276,862 | +€40,049 | +16.9% |
| Financial income | 75/76B | €9,103 | €8,548 | -€555 | -6.1% |
| Recurring financial income | 75 | €9,103 | €8,548 | -€555 | -6.1% |
| Financial charges | 65/66B | €54 | €55 | +€1 | +2.5% |
| Recurring financial charges | 65 | €54 | €55 | +€1 | +2.5% |
| Profit (loss) for the period before taxes | 9903 | €245,862 | €285,355 | +€39,492 | +16.1% |
| Income taxes | 67/77 | €62,590 | €75,758 | +€13,168 | +21.0% |
| Profit (loss) for the period | 9904 | €183,272 | €209,596 | +€26,324 | +14.4% |
| Profit (loss) for the period to be appropriated | 9905 | €183,272 | €209,596 | +€26,324 | +14.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.