Geens Graphics: 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 Graphics
Largest movements
- Cash +€14,779
up €14,779 (+372%), from €3,976 to €18,756
mainly Other debts (+€19,941) and Stocks and contracts (+€9,518)
- Stocks and contracts -€9,518
down €9,518 (-24.2%), from €39,322 to €29,804
- Tangible fixed assets -€6,140
down €6,140 (-88.9%), from €6,909 to €769
of which Leasing and similar rights: -€4,983
- Receivables within one year -€2,190
down €2,190 (-7.1%), from €30,877 to €28,688
of which Trade receivables: -€2,294
- Deferred charges and accrued income -€1,354
down €1,354 (-64.0%), from €2,116 to €762
- Other debts +€19,941
up €19,941 (+283%), from €7,044 to €26,985
- Reserves -€18,694
down €18,694 (-60.6%), from €30,847 to €12,153
of which Distributable reserves: -€18,694
- Tax, wage and social debts +€6,279
up €6,279 (+65.0%), from €9,659 to €15,938
of which Remuneration and social security: +€4,544
- Trade debts -€6,110
down €6,110 (-56.5%), from €10,813 to €4,703
- Current portion of long-term debt -€5,837
no longer reported in 2025 (was €5,837)
- Gross operating margin -€14,267
down €14,267 (-13.9%), from €102,483 to €88,216
- Staff costs +€9,371
up €9,371 (+10.3%), from €91,087 to €100,458
- Depreciation -€3,957
down €3,957 (-39.2%), from €10,097 to €6,140
- Financial income +€1,308
up €1,308 (+1,019%), from €128 to €1,436
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 | €83,200 | €78,779 | -€4,421 | -5.3% |
| Fixed assets | 21/28 | €6,909 | €769 | -€6,140 | -88.9% |
| Tangible fixed assets | 22/27 | €6,909 | €769 | -€6,140 | -88.9% |
| Furniture and vehicles | 24 | €1,926 | €769 | -€1,157 | -60.1% |
| Leasing and similar rights | 25 | €4,983 | - | -€4,983 | |
| Current assets | 29/58 | €76,291 | €78,010 | +€1,719 | +2.3% |
| Stocks and contracts in progress | 3 | €39,322 | €29,804 | -€9,518 | -24.2% |
| Stocks | 30/36 | €39,322 | €29,804 | -€9,518 | -24.2% |
| Amounts receivable within one year | 40/41 | €30,877 | €28,688 | -€2,190 | -7.1% |
| Trade receivables | 40 | €30,877 | €28,583 | -€2,294 | -7.4% |
| Other amounts receivable | 41 | - | €104 | +€104 | |
| Cash at bank and in hand | 54/58 | €3,976 | €18,756 | +€14,779 | +372% |
| Deferred charges and accrued income | 490/1 | €2,116 | €762 | -€1,354 | -64.0% |
| Total equity and liabilities | 10/49 | €83,200 | €78,779 | -€4,421 | -5.3% |
| Equity | 10/15 | €49,847 | €31,153 | -€18,694 | -37.5% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €30,847 | €12,153 | -€18,694 | -60.6% |
| Tax-exempt reserves | 132 | €4,994 | €4,994 | = | 0.0% |
| Distributable reserves | 133 | €25,853 | €7,159 | -€18,694 | -72.3% |
| Amounts payable | 17/49 | €33,353 | €47,626 | +€14,273 | +42.8% |
| Amounts payable within one year | 42/48 | €33,353 | €47,626 | +€14,273 | +42.8% |
| Current portion of amounts payable after more than one year | 42 | €5,837 | - | -€5,837 | |
| Trade debts | 44 | €10,813 | €4,703 | -€6,110 | -56.5% |
| Suppliers | 440/4 | €10,813 | €4,703 | -€6,110 | -56.5% |
| Taxes, remuneration and social security | 45 | €9,659 | €15,938 | +€6,279 | +65.0% |
| Taxes | 450/3 | €3,270 | €5,005 | +€1,735 | +53.0% |
| Remuneration and social security | 454/9 | €6,389 | €10,933 | +€4,544 | +71.1% |
| Other amounts payable | 47/48 | €7,044 | €26,985 | +€19,941 | +283% |
| Remuneration, social security and pensions | 62 | €91,087 | €100,458 | +€9,371 | +10.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,097 | €6,140 | -€3,957 | -39.2% |
| Other operating charges | 640/8 | €773 | €708 | -€65 | -8.4% |
| Gross operating margin | 9900 | €102,483 | €88,216 | -€14,267 | -13.9% |
| Operating profit (loss) | 9901 | €526 | -€19,090 | -€19,615 | |
| Financial income | 75/76B | €128 | €1,436 | +€1,308 | +1,019% |
| Recurring financial income | 75 | €128 | €1,436 | +€1,308 | +1,019% |
| Financial charges | 65/66B | €508 | €1,041 | +€532 | +105% |
| Recurring financial charges | 65 | €508 | €1,041 | +€532 | +105% |
| Profit (loss) for the period before taxes | 9903 | €146 | -€18,694 | -€18,840 | |
| Income taxes | 67/77 | €584 | - | -€584 | |
| Profit (loss) for the period | 9904 | -€438 | -€18,694 | -€18,256 | -4,167% |
| Profit (loss) for the period to be appropriated | 9905 | -€438 | -€18,694 | -€18,256 | -4,167% |
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 25 October 2026 via checked.be.