GEERT VAN CLEEMPUT: 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 VAN CLEEMPUT
Largest movements
- Cash +€5,588
up €5,588 (+24.1%), from €23,201 to €28,788
mainly Net result for the year (+€12,139) and Depreciation (+€4,001)
- Tangible fixed assets -€4,001
down €4,001 (-44.2%), from €9,047 to €5,046
- Receivables within one year +€3,801
up €3,801 (+46.7%), from €8,141 to €11,942
of which Other amounts receivable: +€5,393
- Financial fixed assets +€1,650
new in 2025: €1,650
- Stocks and contracts +€1,000
up €1,000 (+25.0%), from €4,000 to €5,000
- Reserves +€12,139
up €12,139 (+71.0%), from €17,095 to €29,234
- Other debts -€4,212
down €4,212 (-100%), from €4,212 to €0
- Tax, wage and social debts +€3,224
up €3,224 (+517%), from €624 to €3,848
- Trade debts -€2,545
down €2,545 (-62.2%), from €4,089 to €1,544
- Gross operating margin +€9,162
up €9,162 (+74.0%), from €12,374 to €21,536
- Taxes +€3,528
up €3,528 (+358%), from €985 to €4,513
- Financial charges +€992
up €992, from -€970 to €21
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 | €44,620 | €53,226 | +€8,605 | +19.3% |
| Fixed assets | 21/28 | €9,047 | €6,696 | -€2,351 | -26.0% |
| Tangible fixed assets | 22/27 | €9,047 | €5,046 | -€4,001 | -44.2% |
| Furniture and vehicles | 24 | €9,047 | €5,046 | -€4,001 | -44.2% |
| Financial fixed assets | 28 | - | €1,650 | +€1,650 | |
| Current assets | 29/58 | €35,573 | €46,530 | +€10,957 | +30.8% |
| Stocks and contracts in progress | 3 | €4,000 | €5,000 | +€1,000 | +25.0% |
| Stocks | 30/36 | €4,000 | €5,000 | +€1,000 | +25.0% |
| Amounts receivable within one year | 40/41 | €8,141 | €11,942 | +€3,801 | +46.7% |
| Trade receivables | 40 | €7,682 | €6,090 | -€1,592 | -20.7% |
| Other amounts receivable | 41 | €458 | €5,852 | +€5,393 | +1,177% |
| Cash at bank and in hand | 54/58 | €23,201 | €28,788 | +€5,588 | +24.1% |
| Deferred charges and accrued income | 490/1 | €232 | €800 | +€568 | +245% |
| Total equity and liabilities | 10/49 | €44,620 | €53,226 | +€8,605 | +19.3% |
| Equity | 10/15 | €35,695 | €47,834 | +€12,139 | +34.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €17,095 | €29,234 | +€12,139 | +71.0% |
| Distributable reserves | 133 | €17,095 | €29,234 | +€12,139 | +71.0% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €8,925 | €5,392 | -€3,533 | -39.6% |
| Amounts payable within one year | 42/48 | €8,925 | €5,392 | -€3,533 | -39.6% |
| Trade debts | 44 | €4,089 | €1,544 | -€2,545 | -62.2% |
| Suppliers | 440/4 | €4,089 | €1,544 | -€2,545 | -62.2% |
| Taxes, remuneration and social security | 45 | €624 | €3,848 | +€3,224 | +517% |
| Taxes | 450/3 | €624 | €3,848 | +€3,224 | +517% |
| Other amounts payable | 47/48 | €4,212 | €0 | -€4,212 | -100% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,001 | €4,001 | = | 0.0% |
| Other operating charges | 640/8 | €939 | €862 | -€77 | -8.2% |
| Gross operating margin | 9900 | €12,374 | €21,536 | +€9,162 | +74.0% |
| Operating profit (loss) | 9901 | €7,434 | €16,673 | +€9,239 | +124% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | -€970 | €21 | +€992 | |
| Recurring financial charges | 65 | -€970 | €21 | +€992 | |
| Profit (loss) for the period before taxes | 9903 | €8,405 | €16,652 | +€8,247 | +98.1% |
| Income taxes | 67/77 | €985 | €4,513 | +€3,528 | +358% |
| Profit (loss) for the period | 9904 | €7,420 | €12,139 | +€4,719 | +63.6% |
| Profit (loss) for the period to be appropriated | 9905 | €7,420 | €12,139 | +€4,719 | +63.6% |
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 17 October 2026 via checked.be.