GENTIER GEERT: 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.
GENTIER GEERT
Largest movements
- Cash +€35,968
up €35,968 (+98.7%), from €36,460 to €72,428
mainly Depreciation (+€24,413) and Stocks and contracts (+€15,230)
- Stocks and contracts -€15,230
down €15,230 (-57.3%), from €26,562 to €11,332
- Tangible fixed assets -€13,239
down €13,239 (-27.2%), from €48,695 to €35,456
of which Leasing and similar rights: -€16,600
- Receivables within one year -€1,939
down €1,939 (-5.1%), from €37,984 to €36,045
of which Other amounts receivable: -€3,945
- Debts after one year -€12,547
down €12,547 (-49.6%), from €25,305 to €12,759
- Tax, wage and social debts +€12,023
up €12,023 (+65.0%), from €18,504 to €30,527
of which Remuneration and social security: +€8,092
- Trade debts +€6,878
up €6,878 (+292%), from €2,358 to €9,236
- Current portion of long-term debt -€2,557
down €2,557 (-16.9%), from €15,104 to €12,547
- Other debts +€1,666
up €1,666 (+5.1%), from €32,585 to €34,251
- Gross operating margin -€9,802
down €9,802 (-11.3%), from €86,509 to €76,707
- Financial income +€4,811
up €4,811 (+2,299%), from €209 to €5,020
- Depreciation -€1,259
down €1,259 (-4.9%), from €25,672 to €24,413
- Taxes -€1,180
down €1,180 (-46.7%), from €2,527 to €1,346
- Staff costs +€1,007
up €1,007 (+2.0%), from €49,644 to €50,651
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 | €152,195 | €157,810 | +€5,615 | +3.7% |
| Fixed assets | 21/28 | €48,695 | €35,456 | -€13,239 | -27.2% |
| Tangible fixed assets | 22/27 | €48,695 | €35,456 | -€13,239 | -27.2% |
| Plant, machinery and equipment | 23 | €4,237 | €7,142 | +€2,905 | +68.6% |
| Furniture and vehicles | 24 | €3,607 | €4,063 | +€456 | +12.6% |
| Leasing and similar rights | 25 | €40,851 | €24,251 | -€16,600 | -40.6% |
| Current assets | 29/58 | €103,499 | €122,354 | +€18,854 | +18.2% |
| Stocks and contracts in progress | 3 | €26,562 | €11,332 | -€15,230 | -57.3% |
| Stocks | 30/36 | €26,562 | €11,332 | -€15,230 | -57.3% |
| Amounts receivable within one year | 40/41 | €37,984 | €36,045 | -€1,939 | -5.1% |
| Trade receivables | 40 | €32,397 | €34,403 | +€2,006 | +6.2% |
| Other amounts receivable | 41 | €5,587 | €1,642 | -€3,945 | -70.6% |
| Cash at bank and in hand | 54/58 | €36,460 | €72,428 | +€35,968 | +98.7% |
| Deferred charges and accrued income | 490/1 | €2,493 | €2,548 | +€55 | +2.2% |
| Total equity and liabilities | 10/49 | €152,195 | €157,810 | +€5,615 | +3.7% |
| Equity | 10/15 | €58,339 | €58,491 | +€152 | +0.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €36,960 | €36,960 | = | 0.0% |
| Distributable reserves | 133 | €36,960 | €36,960 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,179 | €15,331 | +€152 | +1.0% |
| Amounts payable | 17/49 | €93,855 | €99,319 | +€5,463 | +5.8% |
| Amounts payable after more than one year | 17 | €25,305 | €12,759 | -€12,547 | -49.6% |
| Financial debts | 170/4 | €25,305 | €12,759 | -€12,547 | -49.6% |
| Amounts payable within one year | 42/48 | €68,550 | €86,560 | +€18,010 | +26.3% |
| Current portion of amounts payable after more than one year | 42 | €15,104 | €12,547 | -€2,557 | -16.9% |
| Trade debts | 44 | €2,358 | €9,236 | +€6,878 | +292% |
| Suppliers | 440/4 | €2,358 | €9,236 | +€6,878 | +292% |
| Taxes, remuneration and social security | 45 | €18,504 | €30,527 | +€12,023 | +65.0% |
| Taxes | 450/3 | €5,173 | €9,104 | +€3,931 | +76.0% |
| Remuneration and social security | 454/9 | €13,331 | €21,423 | +€8,092 | +60.7% |
| Other amounts payable | 47/48 | €32,585 | €34,251 | +€1,666 | +5.1% |
| Remuneration, social security and pensions | 62 | €49,644 | €50,651 | +€1,007 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,672 | €24,413 | -€1,259 | -4.9% |
| Other operating charges | 640/8 | €2,528 | €3,080 | +€553 | +21.9% |
| Gross operating margin | 9900 | €86,509 | €76,707 | -€9,802 | -11.3% |
| Operating profit (loss) | 9901 | €8,665 | -€1,437 | -€10,102 | |
| Financial income | 75/76B | €209 | €5,020 | +€4,811 | +2,299% |
| Recurring financial income | 75 | €209 | €5,020 | +€4,811 | +2,299% |
| Financial charges | 65/66B | €2,642 | €2,085 | -€557 | -21.1% |
| Recurring financial charges | 65 | €2,642 | €2,085 | -€557 | -21.1% |
| Profit (loss) for the period before taxes | 9903 | €6,233 | €1,498 | -€4,734 | -76.0% |
| Income taxes | 67/77 | €2,527 | €1,346 | -€1,180 | -46.7% |
| Profit (loss) for the period | 9904 | €3,706 | €152 | -€3,554 | -95.9% |
| Profit (loss) for the period to be appropriated | 9905 | €3,706 | €152 | -€3,554 | -95.9% |
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.