GEERS CONSULT: 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.
GEERS CONSULT
Largest movements
- Cash -€40,218
down €40,218 (-67.0%), from €60,029 to €19,811
mainly Contributions, distributions and other (-€42,000) and Other debts (-€14,195)
- Tangible fixed assets -€17,368
down €17,368 (-20.3%), from €85,567 to €68,199
of which Leasing and similar rights: -€10,859
- Receivables within one year +€6,008
up €6,008 (+38.3%), from €15,677 to €21,685
of which Trade receivables: +€5,143
- Deferred charges and accrued income -€2,053
down €2,053 (-41.4%), from €4,962 to €2,909
- Profit (loss) carried forward -€17,194
down €17,194 (-97.3%), from €17,672 to €478
- Other debts -€14,195
down €14,195 (-18.6%), from €76,322 to €62,126
- Tax, wage and social debts -€12,303
down €12,303 (-55.6%), from €22,126 to €9,823
- Debts after one year -€8,581
down €8,581 (-30.4%), from €28,214 to €19,633
- Trade debts -€2,203
down €2,203 (-39.7%), from €5,550 to €3,346
- Gross operating margin +€9,048
up €9,048 (+19.1%), from €47,407 to €56,454
- Taxes +€2,767
up €2,767 (+73.2%), from €3,781 to €6,548
- Financial charges -€668
down €668 (-14.7%), from €4,529 to €3,861
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 | €166,234 | €112,603 | -€53,631 | -32.3% |
| Fixed assets | 21/28 | €85,567 | €68,199 | -€17,368 | -20.3% |
| Tangible fixed assets | 22/27 | €85,567 | €68,199 | -€17,368 | -20.3% |
| Plant, machinery and equipment | 23 | €3,878 | €5,006 | +€1,128 | +29.1% |
| Furniture and vehicles | 24 | €1,797 | €434 | -€1,362 | -75.8% |
| Leasing and similar rights | 25 | €43,705 | €32,846 | -€10,859 | -24.8% |
| Other tangible fixed assets | 26 | €36,186 | €29,912 | -€6,275 | -17.3% |
| Current assets | 29/58 | €80,667 | €44,405 | -€36,263 | -45.0% |
| Amounts receivable within one year | 40/41 | €15,677 | €21,685 | +€6,008 | +38.3% |
| Trade receivables | 40 | €11,860 | €17,003 | +€5,143 | +43.4% |
| Other amounts receivable | 41 | €3,817 | €4,682 | +€865 | +22.7% |
| Cash at bank and in hand | 54/58 | €60,029 | €19,811 | -€40,218 | -67.0% |
| Deferred charges and accrued income | 490/1 | €4,962 | €2,909 | -€2,053 | -41.4% |
| Total equity and liabilities | 10/49 | €166,234 | €112,603 | -€53,631 | -32.3% |
| Equity | 10/15 | €25,172 | €7,978 | -€17,194 | -68.3% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,672 | €478 | -€17,194 | -97.3% |
| Amounts payable | 17/49 | €141,062 | €104,626 | -€36,437 | -25.8% |
| Amounts payable after more than one year | 17 | €28,214 | €19,633 | -€8,581 | -30.4% |
| Financial debts | 170/4 | €28,214 | €19,633 | -€8,581 | -30.4% |
| Amounts payable within one year | 42/48 | €111,848 | €83,878 | -€27,970 | -25.0% |
| Current portion of amounts payable after more than one year | 42 | €7,851 | €8,581 | +€731 | +9.3% |
| Trade debts | 44 | €5,550 | €3,346 | -€2,203 | -39.7% |
| Suppliers | 440/4 | €5,550 | €3,346 | -€2,203 | -39.7% |
| Taxes, remuneration and social security | 45 | €22,126 | €9,823 | -€12,303 | -55.6% |
| Taxes | 450/3 | €22,126 | €9,823 | -€12,303 | -55.6% |
| Other amounts payable | 47/48 | €76,322 | €62,126 | -€14,195 | -18.6% |
| Accrued charges and deferred income | 492/3 | €1,000 | €1,115 | +€115 | +11.5% |
| Non-recurring operating income | 76A | €10,678 | €0 | -€10,678 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,317 | €20,390 | +€73 | +0.4% |
| Other operating charges | 640/8 | €769 | €849 | +€80 | +10.4% |
| Non-recurring operating charges | 66A | €343 | €0 | -€343 | -100% |
| Gross operating margin | 9900 | €47,407 | €56,454 | +€9,048 | +19.1% |
| Operating profit (loss) | 9901 | €25,978 | €35,215 | +€9,238 | +35.6% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €4,529 | €3,861 | -€668 | -14.7% |
| Recurring financial charges | 65 | €4,529 | €3,861 | -€668 | -14.7% |
| Profit (loss) for the period before taxes | 9903 | €21,449 | €31,354 | +€9,905 | +46.2% |
| Income taxes | 67/77 | €3,781 | €6,548 | +€2,767 | +73.2% |
| Profit (loss) for the period | 9904 | €17,667 | €24,806 | +€7,138 | +40.4% |
| Profit (loss) for the period to be appropriated | 9905 | €17,667 | €24,806 | +€7,138 | +40.4% |
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 21 October 2026 via checked.be.