GEERT JAN: 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.
GEERT JAN
Largest movements
- Cash +€22
up €22 (+1.3%), from €1,695 to €1,717
mainly Other debts (+€1,711)
- Other debts +€1,711
up €1,711 (+0.2%), from €1.1m to €1.1m
- Profit (loss) carried forward -€1,195
down €1,195 (-0.1%), from -€1.3m to -€1.3m
- Tax, wage and social debts -€493
down €493 (-72.7%), from €678 to €185
- Gross operating margin -€5,774
down €5,774, from €4,746 to -€1,029
- Depreciation -€5,774
no longer reported in 2025 (was €5,774)
- Taxes -€185
no longer reported in 2025 (was €185)
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.
Cash bridge derived
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 | €1,695 | €1,717 | +€22 | +1.3% |
| Current assets | 29/58 | €1,695 | €1,717 | +€22 | +1.3% |
| Cash at bank and in hand | 54/58 | €1,695 | €1,717 | +€22 | +1.3% |
| Total equity and liabilities | 10/49 | €1,695 | €1,717 | +€22 | +1.3% |
| Equity | 10/15 | -€1,244,085 | -€1,245,280 | -€1,195 | -0.1% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,305,585 | -€1,306,780 | -€1,195 | -0.1% |
| Amounts payable | 17/49 | €1,245,780 | €1,246,997 | +€1,217 | +0.1% |
| Amounts payable after more than one year | 17 | €150,000 | €150,000 | = | 0.0% |
| Financial debts | 170/4 | €150,000 | €150,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,095,780 | €1,096,997 | +€1,217 | +0.1% |
| Trade debts | 44 | €26,691 | €26,691 | = | 0.0% |
| Suppliers | 440/4 | €26,691 | €26,691 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €678 | €185 | -€493 | -72.7% |
| Taxes | 450/3 | €678 | €185 | -€493 | -72.7% |
| Other amounts payable | 47/48 | €1,068,411 | €1,070,121 | +€1,711 | +0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,774 | - | -€5,774 | |
| Gross operating margin | 9900 | €4,746 | -€1,029 | -€5,774 | |
| Operating profit (loss) | 9901 | -€1,029 | -€1,029 | = | 0.0% |
| Financial charges | 65/66B | €196 | €167 | -€30 | -15.2% |
| Recurring financial charges | 65 | €196 | €167 | -€30 | -15.2% |
| Profit (loss) for the period before taxes | 9903 | -€1,225 | -€1,195 | +€30 | +2.4% |
| Income taxes | 67/77 | €185 | - | -€185 | |
| Profit (loss) for the period | 9904 | -€1,410 | -€1,195 | +€215 | +15.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,410 | -€1,195 | +€215 | +15.2% |
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 10 October 2026 via checked.be.