Geeran: 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.
Geeran
Largest movements
- Cash -€178,854
down €178,854 (-74.8%), from €238,973 to €60,119
mainly Other debts (-€199,664) and Current investments (-€24,000)
- Current investments +€24,000
up €24,000 (+1,200%), from €2,000 to €26,000
- Tangible fixed assets -€14,463
down €14,463 (-33.6%), from €42,986 to €28,523
of which Furniture and vehicles: -€9,501
- Other debts -€199,664
down €199,664 (-99.3%), from €201,074 to €1,410
- Reserves +€36,748
up €36,748 (+76.6%), from €47,952 to €84,701
- Debts after one year -€16,024
down €16,024 (-52.4%), from €30,568 to €14,545
- Contributions +€12,400
up €12,400 (+200%), from €6,200 to €18,600
- Gross operating margin -€27,496
down €27,496 (-29.7%), from €92,629 to €65,133
- Taxes -€4,152
down €4,152 (-26.4%), from €15,745 to €11,593
- Depreciation +€2,137
up €2,137 (+17.3%), from €12,326 to €14,463
- Other operating charges -€1,463
down €1,463 (-47.2%), from €3,101 to €1,638
- Financial income -€1,098
down €1,098 (-47.5%), from €2,310 to €1,212
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 | €308,231 | €141,558 | -€166,673 | -54.1% |
| Fixed assets | 21/28 | €42,986 | €28,523 | -€14,463 | -33.6% |
| Tangible fixed assets | 22/27 | €42,986 | €28,523 | -€14,463 | -33.6% |
| Furniture and vehicles | 24 | €31,326 | €21,825 | -€9,501 | -30.3% |
| Other tangible fixed assets | 26 | €11,659 | €6,698 | -€4,961 | -42.6% |
| Current assets | 29/58 | €265,245 | €113,035 | -€152,210 | -57.4% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €23,244 | €26,259 | +€3,015 | +13.0% |
| Trade receivables | 40 | €17,000 | €16,000 | -€1,000 | -5.9% |
| Other amounts receivable | 41 | €6,244 | €10,259 | +€4,015 | +64.3% |
| Current investments | 50/53 | €2,000 | €26,000 | +€24,000 | +1,200% |
| Cash at bank and in hand | 54/58 | €238,973 | €60,119 | -€178,854 | -74.8% |
| Deferred charges and accrued income | 490/1 | €1,029 | €657 | -€372 | -36.1% |
| Total equity and liabilities | 10/49 | €308,231 | €141,558 | -€166,673 | -54.1% |
| Equity | 10/15 | €54,152 | €103,301 | +€49,148 | +90.8% |
| Contributions | 10/11 | €6,200 | €18,600 | +€12,400 | +200% |
| Reserves | 13 | €47,952 | €84,701 | +€36,748 | +76.6% |
| Distributable reserves | 133 | €47,952 | €84,701 | +€36,748 | +76.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €254,079 | €38,257 | -€215,821 | -84.9% |
| Amounts payable after more than one year | 17 | €30,568 | €14,545 | -€16,024 | -52.4% |
| Financial debts | 170/4 | €30,568 | €14,545 | -€16,024 | -52.4% |
| Amounts payable within one year | 42/48 | €223,011 | €23,713 | -€199,298 | -89.4% |
| Current portion of amounts payable after more than one year | 42 | €15,464 | €16,024 | +€560 | +3.6% |
| Financial debts | 43 | €5,559 | €5,434 | -€125 | -2.2% |
| Credit institutions | 430/8 | €5,559 | €5,434 | -€125 | -2.2% |
| Trade debts | 44 | €87 | €614 | +€527 | +609% |
| Suppliers | 440/4 | €87 | €614 | +€527 | +609% |
| Taxes, remuneration and social security | 45 | €827 | €232 | -€596 | -72.0% |
| Taxes | 450/3 | €827 | €232 | -€596 | -72.0% |
| Other amounts payable | 47/48 | €201,074 | €1,410 | -€199,664 | -99.3% |
| Accrued charges and deferred income | 492/3 | €500 | €0 | -€500 | -100% |
| Non-recurring operating income | 76A | €13,636 | €0 | -€13,636 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,326 | €14,463 | +€2,137 | +17.3% |
| Other operating charges | 640/8 | €3,101 | €1,638 | -€1,463 | -47.2% |
| Gross operating margin | 9900 | €92,629 | €65,133 | -€27,496 | -29.7% |
| Operating profit (loss) | 9901 | €77,202 | €49,032 | -€28,170 | -36.5% |
| Financial income | 75/76B | €2,310 | €1,212 | -€1,098 | -47.5% |
| Recurring financial income | 75 | €2,310 | €1,212 | -€1,098 | -47.5% |
| Financial charges | 65/66B | €2,862 | €1,903 | -€959 | -33.5% |
| Recurring financial charges | 65 | €2,862 | €1,903 | -€959 | -33.5% |
| Profit (loss) for the period before taxes | 9903 | €76,651 | €48,341 | -€28,309 | -36.9% |
| Income taxes | 67/77 | €15,745 | €11,593 | -€4,152 | -26.4% |
| Profit (loss) for the period | 9904 | €60,906 | €36,748 | -€24,157 | -39.7% |
| Profit (loss) for the period to be appropriated | 9905 | €60,906 | €36,748 | -€24,157 | -39.7% |
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 18 October 2026 via checked.be.