Geleva: 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.
Geleva
Largest movements
- Cash +€33,749
up €33,749 (+60.0%), from €56,274 to €90,023
mainly Net result for the year (+€31,171) and Depreciation (+€25,269)
- Receivables within one year +€23,673
up €23,673 (+133%), from €17,743 to €41,416
of which Trade receivables: +€24,069
- Current investments -€10,000
down €10,000 (-14.2%), from €70,228 to €60,228
- Tangible fixed assets +€4,800
up €4,800 (+7.7%), from €62,381 to €67,181
of which Leasing and similar rights: +€25,401
- Other debts +€17,297
up €17,297 (+388%), from €4,464 to €21,761
- Tax, wage and social debts +€11,978
up €11,978 (+53.0%), from €22,601 to €34,579
of which Taxes: +€11,636
- Reserves +€9,410
up €9,410 (+6.0%), from €156,493 to €165,903
- Debts after one year +€9,012
up €9,012 (+88.5%), from €10,180 to €19,192
- Gross operating margin +€4,658
up €4,658 (+3.5%), from €132,341 to €136,998
- Depreciation +€3,725
up €3,725 (+17.3%), from €21,544 to €25,269
- Financial income +€2,709
up €2,709 (+515%), from €526 to €3,235
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 | €211,132 | €264,042 | +€52,910 | +25.1% |
| Fixed assets | 21/28 | €62,381 | €67,181 | +€4,800 | +7.7% |
| Tangible fixed assets | 22/27 | €62,381 | €67,181 | +€4,800 | +7.7% |
| Plant, machinery and equipment | 23 | €3,408 | €3,008 | -€399 | -11.7% |
| Furniture and vehicles | 24 | €58,973 | €38,771 | -€20,202 | -34.3% |
| Leasing and similar rights | 25 | - | €25,401 | +€25,401 | |
| Current assets | 29/58 | €148,751 | €196,861 | +€48,110 | +32.3% |
| Amounts receivable within one year | 40/41 | €17,743 | €41,416 | +€23,673 | +133% |
| Trade receivables | 40 | €11,165 | €35,234 | +€24,069 | +216% |
| Other amounts receivable | 41 | €6,578 | €6,182 | -€396 | -6.0% |
| Current investments | 50/53 | €70,228 | €60,228 | -€10,000 | -14.2% |
| Cash at bank and in hand | 54/58 | €56,274 | €90,023 | +€33,749 | +60.0% |
| Deferred charges and accrued income | 490/1 | €4,507 | €5,194 | +€687 | +15.3% |
| Total equity and liabilities | 10/49 | €211,132 | €264,042 | +€52,910 | +25.1% |
| Equity | 10/15 | €157,493 | €166,903 | +€9,410 | +6.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €156,493 | €165,903 | +€9,410 | +6.0% |
| Distributable reserves | 133 | €156,493 | €165,903 | +€9,410 | +6.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €53,639 | €97,138 | +€43,500 | +81.1% |
| Amounts payable after more than one year | 17 | €10,180 | €19,192 | +€9,012 | +88.5% |
| Financial debts | 170/4 | €10,180 | €19,192 | +€9,012 | +88.5% |
| Amounts payable within one year | 42/48 | €43,459 | €77,903 | +€34,444 | +79.3% |
| Current portion of amounts payable after more than one year | 42 | €14,849 | €17,483 | +€2,634 | +17.7% |
| Financial debts | 43 | €0 | €198 | +€198 | |
| Credit institutions | 430/8 | €0 | €198 | +€198 | |
| Trade debts | 44 | €1,546 | €3,883 | +€2,337 | +151% |
| Suppliers | 440/4 | €1,546 | €3,883 | +€2,337 | +151% |
| Taxes, remuneration and social security | 45 | €22,601 | €34,579 | +€11,978 | +53.0% |
| Taxes | 450/3 | €12,947 | €24,583 | +€11,636 | +89.9% |
| Remuneration and social security | 454/9 | €9,654 | €9,996 | +€342 | +3.5% |
| Other amounts payable | 47/48 | €4,464 | €21,761 | +€17,297 | +388% |
| Accrued charges and deferred income | 492/3 | - | €44 | +€44 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €65,687 | €66,845 | +€1,158 | +1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,544 | €25,269 | +€3,725 | +17.3% |
| Other operating charges | 640/8 | €1,344 | €2,143 | +€799 | +59.4% |
| Gross operating margin | 9900 | €132,341 | €136,998 | +€4,658 | +3.5% |
| Operating profit (loss) | 9901 | €43,765 | €42,741 | -€1,024 | -2.3% |
| Financial income | 75/76B | €526 | €3,235 | +€2,709 | +515% |
| Recurring financial income | 75 | €526 | €3,235 | +€2,709 | +515% |
| Financial charges | 65/66B | €1,389 | €1,250 | -€139 | -10.0% |
| Recurring financial charges | 65 | €1,389 | €1,250 | -€139 | -10.0% |
| Profit (loss) for the period before taxes | 9903 | €42,902 | €44,726 | +€1,824 | +4.3% |
| Income taxes | 67/77 | €13,928 | €13,556 | -€373 | -2.7% |
| Profit (loss) for the period | 9904 | €28,974 | €31,171 | +€2,197 | +7.6% |
| Profit (loss) for the period to be appropriated | 9905 | €28,974 | €31,171 | +€2,197 | +7.6% |
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 27 October 2026 via checked.be.