GEENS & PARTNERS: 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 & PARTNERS
Largest movements
- Receivables within one year -€27,023
down €27,023 (-21.9%), from €123,482 to €96,459
of which Trade receivables: -€38,038
- Deferred charges and accrued income +€5,300
up €5,300 (+15.1%), from €35,100 to €40,400
- Cash +€3,604
up €3,604 (+48.5%), from €7,430 to €11,034
mainly Depreciation (+€27,995) and Receivables within one year (+€27,023)
- Trade debts -€15,286
down €15,286 (-28.1%), from €54,457 to €39,171
- Debts after one year -€4,360
down €4,360 (-12.3%), from €35,583 to €31,223
- Reserves +€4,093
up €4,093 (+11.4%), from €35,915 to €40,008
of which Tax-exempt reserves: +€4,000
- Current portion of long-term debt -€4,001
down €4,001 (-19.8%), from €20,214 to €16,213
- Other debts +€3,734
new in 2025: €3,734
- Turnover -€126,319
no longer reported in 2025 (was €126,319)
- Purchases and services -€86,947
no longer reported in 2025 (was €86,947)
- Gross operating margin +€6,237
up €6,237 (+15.8%), from €39,372 to €45,609
- Other operating charges +€2,742
up €2,742 (+77.4%), from €3,544 to €6,286
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 | €289,241 | €268,358 | -€20,883 | -7.2% |
| Fixed assets | 21/28 | €123,229 | €120,465 | -€2,764 | -2.2% |
| Tangible fixed assets | 22/27 | €66,635 | €63,871 | -€2,764 | -4.1% |
| Land and buildings | 22 | €638 | €425 | -€213 | -33.4% |
| Plant, machinery and equipment | 23 | €2,463 | €10,603 | +€8,140 | +330% |
| Furniture and vehicles | 24 | €63,534 | €52,843 | -€10,691 | -16.8% |
| Financial fixed assets | 28 | €56,594 | €56,594 | = | 0.0% |
| Current assets | 29/58 | €166,012 | €147,893 | -€18,119 | -10.9% |
| Amounts receivable within one year | 40/41 | €123,482 | €96,459 | -€27,023 | -21.9% |
| Trade receivables | 40 | €91,306 | €53,268 | -€38,038 | -41.7% |
| Other amounts receivable | 41 | €32,176 | €43,191 | +€11,015 | +34.2% |
| Cash at bank and in hand | 54/58 | €7,430 | €11,034 | +€3,604 | +48.5% |
| Deferred charges and accrued income | 490/1 | €35,100 | €40,400 | +€5,300 | +15.1% |
| Total equity and liabilities | 10/49 | €289,241 | €268,358 | -€20,883 | -7.2% |
| Equity | 10/15 | €159,975 | €164,565 | +€4,590 | +2.9% |
| Contributions | 10/11 | €124,557 | €124,557 | = | 0.0% |
| Reserves | 13 | €35,915 | €40,008 | +€4,093 | +11.4% |
| Tax-exempt reserves | 132 | €28,600 | €32,600 | +€4,000 | +14.0% |
| Distributable reserves | 133 | €7,315 | €7,408 | +€93 | +1.3% |
| Profit (loss) carried forward | 14 | -€497 | - | +€497 | |
| Amounts payable | 17/49 | €129,266 | €103,793 | -€25,473 | -19.7% |
| Amounts payable after more than one year | 17 | €35,583 | €31,223 | -€4,360 | -12.3% |
| Financial debts | 170/4 | €35,583 | €31,223 | -€4,360 | -12.3% |
| Amounts payable within one year | 42/48 | €81,530 | €63,451 | -€18,079 | -22.2% |
| Current portion of amounts payable after more than one year | 42 | €20,214 | €16,213 | -€4,001 | -19.8% |
| Trade debts | 44 | €54,457 | €39,171 | -€15,286 | -28.1% |
| Suppliers | 440/4 | €54,457 | €39,171 | -€15,286 | -28.1% |
| Taxes, remuneration and social security | 45 | €6,859 | €4,333 | -€2,526 | -36.8% |
| Taxes | 450/3 | €4,682 | €3,986 | -€696 | -14.9% |
| Remuneration and social security | 454/9 | €2,177 | €347 | -€1,830 | -84.1% |
| Other amounts payable | 47/48 | - | €3,734 | +€3,734 | |
| Accrued charges and deferred income | 492/3 | €12,153 | €9,119 | -€3,034 | -25.0% |
| Turnover | 70 | €126,319 | - | -€126,319 | |
| Goods, raw materials, services and sundry goods | 60/61 | €86,947 | - | -€86,947 | |
| Remuneration, social security and pensions | 62 | €163 | €364 | +€201 | +123% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,372 | €27,995 | -€377 | -1.3% |
| Other operating charges | 640/8 | €3,544 | €6,286 | +€2,742 | +77.4% |
| Gross operating margin | 9900 | €39,372 | €45,609 | +€6,237 | +15.8% |
| Operating profit (loss) | 9901 | €7,293 | €10,964 | +€3,671 | +50.3% |
| Financial income | 75/76B | €26 | - | -€26 | |
| Recurring financial income | 75 | €26 | - | -€26 | |
| Financial charges | 65/66B | €4,016 | €3,915 | -€101 | -2.5% |
| Recurring financial charges | 65 | €4,016 | €3,915 | -€101 | -2.5% |
| Profit (loss) for the period before taxes | 9903 | €3,303 | €7,049 | +€3,746 | +113% |
| Income taxes | 67/77 | €2,170 | €2,461 | +€291 | +13.4% |
| Profit (loss) for the period | 9904 | €1,133 | €4,588 | +€3,455 | +305% |
| Profit (loss) for the period to be appropriated | 9905 | €1,133 | €4,588 | +€3,455 | +305% |
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 31 October 2026 via checked.be.