GEENS & CO: 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.
GEENS & CO
Largest movements
- Tangible fixed assets -€75,063
down €75,063 (-4.2%), from €1.8m to €1.7m
- Debts after one year -€54,761
down €54,761 (-5.6%), from €978,856 to €924,094
- Profit (loss) carried forward -€18,053
down €18,053 (-8.8%), from -€206,105 to -€224,158
- Financial charges -€9,667
down €9,667 (-76.2%), from €12,686 to €3,018
- Gross operating margin +€4,424
up €4,424 (+5.9%), from €74,772 to €79,196
- Other operating charges -€1,490
down €1,490 (-21.7%), from €6,883 to €5,393
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 | €1,774,759 | €1,701,776 | -€72,983 | -4.1% |
| Fixed assets | 21/28 | €1,768,146 | €1,693,083 | -€75,063 | -4.2% |
| Tangible fixed assets | 22/27 | €1,768,146 | €1,693,083 | -€75,063 | -4.2% |
| Land and buildings | 22 | €1,768,146 | €1,693,083 | -€75,063 | -4.2% |
| Current assets | 29/58 | €6,613 | €8,694 | +€2,081 | +31.5% |
| Cash at bank and in hand | 54/58 | €6,318 | €8,385 | +€2,067 | +32.7% |
| Deferred charges and accrued income | 490/1 | €294 | €308 | +€14 | +4.7% |
| Total equity and liabilities | 10/49 | €1,774,759 | €1,701,776 | -€72,983 | -4.1% |
| Equity | 10/15 | €203,895 | €185,842 | -€18,053 | -8.9% |
| Contributions | 10/11 | €410,000 | €410,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€206,105 | -€224,158 | -€18,053 | -8.8% |
| Amounts payable | 17/49 | €1,570,864 | €1,515,934 | -€54,930 | -3.5% |
| Amounts payable after more than one year | 17 | €978,856 | €924,094 | -€54,761 | -5.6% |
| Financial debts | 170/4 | €978,856 | €924,094 | -€54,761 | -5.6% |
| Amounts payable within one year | 42/48 | €592,009 | €591,840 | -€169 | 0.0% |
| Current portion of amounts payable after more than one year | 42 | €59,432 | €59,961 | +€529 | +0.9% |
| Trade debts | 44 | €12,469 | €6,043 | -€6,426 | -51.5% |
| Suppliers | 440/4 | €12,469 | €6,043 | -€6,426 | -51.5% |
| Other amounts payable | 47/48 | €520,107 | €525,835 | +€5,728 | +1.1% |
| Non-recurring operating income | 76A | - | €1,335 | +€1,335 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €88,540 | €88,837 | +€298 | +0.3% |
| Other operating charges | 640/8 | €6,883 | €5,393 | -€1,490 | -21.7% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €74,772 | €79,196 | +€4,424 | +5.9% |
| Operating profit (loss) | 9901 | -€20,651 | -€15,034 | +€5,616 | +27.2% |
| Financial charges | 65/66B | €12,686 | €3,018 | -€9,667 | -76.2% |
| Recurring financial charges | 65 | €12,686 | €3,018 | -€9,667 | -76.2% |
| Profit (loss) for the period before taxes | 9903 | -€33,336 | -€18,053 | +€15,284 | +45.8% |
| Profit (loss) for the period | 9904 | -€33,336 | -€18,053 | +€15,284 | +45.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€33,336 | -€18,053 | +€15,284 | +45.8% |
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 23 October 2026 via checked.be.