Geerts Consultancy: 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.
Geerts Consultancy
Largest movements
- Cash +€24,518
up €24,518 (+106%), from €23,038 to €47,556
mainly Receivables within one year (+€12,358) and Net result for the year (+€8,434)
- Receivables within one year -€12,358
down €12,358 (-76.7%), from €16,117 to €3,759
of which Trade receivables: -€16,117
- Tangible fixed assets +€2,083
new in 2025: €2,083
- Profit (loss) carried forward +€8,434
up €8,434 (+32.1%), from €26,279 to €34,713
- Tax, wage and social debts +€5,990
up €5,990 (+180%), from €3,336 to €9,326
- Accrued charges and deferred income +€4,572
new in 2025: €4,572
- Trade debts -€3,642
no longer reported in 2025 (was €3,642)
- Other debts -€1,406
no longer reported in 2025 (was €1,406)
- Gross operating margin -€21,981
down €21,981 (-63.7%), from €34,481 to €12,500
- Taxes -€4,337
down €4,337 (-59.3%), from €7,318 to €2,981
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 | €39,663 | €53,611 | +€13,948 | +35.2% |
| Formation expenses | 20 | €507 | - | -€507 | |
| Fixed assets | 21/28 | - | €2,083 | +€2,083 | |
| Tangible fixed assets | 22/27 | - | €2,083 | +€2,083 | |
| Plant, machinery and equipment | 23 | - | €2,083 | +€2,083 | |
| Current assets | 29/58 | €39,155 | €51,528 | +€12,373 | +31.6% |
| Amounts receivable within one year | 40/41 | €16,117 | €3,759 | -€12,358 | -76.7% |
| Trade receivables | 40 | €16,117 | - | -€16,117 | |
| Other amounts receivable | 41 | - | €3,759 | +€3,759 | |
| Cash at bank and in hand | 54/58 | €23,038 | €47,556 | +€24,518 | +106% |
| Deferred charges and accrued income | 490/1 | - | €213 | +€213 | |
| Total equity and liabilities | 10/49 | €39,663 | €53,611 | +€13,948 | +35.2% |
| Equity | 10/15 | €31,279 | €39,713 | +€8,434 | +27.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,279 | €34,713 | +€8,434 | +32.1% |
| Amounts payable | 17/49 | €8,384 | €13,898 | +€5,515 | +65.8% |
| Amounts payable within one year | 42/48 | €8,384 | €9,326 | +€943 | +11.2% |
| Trade debts | 44 | €3,642 | - | -€3,642 | |
| Suppliers | 440/4 | €3,642 | - | -€3,642 | |
| Taxes, remuneration and social security | 45 | €3,336 | €9,326 | +€5,990 | +180% |
| Taxes | 450/3 | €3,336 | €9,326 | +€5,990 | +180% |
| Other amounts payable | 47/48 | €1,406 | - | -€1,406 | |
| Accrued charges and deferred income | 492/3 | - | €4,572 | +€4,572 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €747 | €794 | +€47 | +6.3% |
| Other operating charges | 640/8 | €106 | €129 | +€24 | +22.3% |
| Gross operating margin | 9900 | €34,481 | €12,500 | -€21,981 | -63.7% |
| Operating profit (loss) | 9901 | €33,628 | €11,577 | -€22,051 | -65.6% |
| Financial income | 75/76B | - | €4 | +€4 | |
| Recurring financial income | 75 | - | €4 | +€4 | |
| Financial charges | 65/66B | €32 | €166 | +€134 | +427% |
| Recurring financial charges | 65 | €32 | €166 | +€134 | +427% |
| Profit (loss) for the period before taxes | 9903 | €33,597 | €11,415 | -€22,182 | -66.0% |
| Income taxes | 67/77 | €7,318 | €2,981 | -€4,337 | -59.3% |
| Profit (loss) for the period | 9904 | €26,279 | €8,434 | -€17,845 | -67.9% |
| Profit (loss) for the period to be appropriated | 9905 | €26,279 | €8,434 | -€17,845 | -67.9% |
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 24 October 2026 via checked.be.