Geoffrey Dangre: 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.
Geoffrey Dangre
Largest movements
- Cash -€55,237
down €55,237 (-47.1%), from €117,171 to €61,934
mainly Contributions, distributions and other (-€45,224) and Other debts (-€41,099)
- Current investments +€12,000
up €12,000 (+300%), from €4,000 to €16,000
- Tangible fixed assets -€3,105
down €3,105 (-30.7%), from €10,127 to €7,022
of which Leasing and similar rights: -€3,593
- Deferred charges and accrued income +€1,801
new in 2025: €1,801
- Other debts -€41,099
down €41,099 (-50.8%), from €80,864 to €39,765
- Reserves -€6,432
down €6,432 (-8.4%), from €76,432 to €70,000
- Tax, wage and social debts +€3,996
up €3,996 (+21.0%), from €19,000 to €22,996
- Financial income -€47,436
down €47,436 (-96.1%), from €49,385 to €1,949
of which Non-recurring financial income: -€49,385
- Taxes -€16,729
down €16,729 (-51.2%), from €32,661 to €15,931
- Gross operating margin -€4,253
down €4,253 (-7.1%), from €60,297 to €56,043
- Other operating charges -€869
down €869 (-62.2%), from €1,398 to €529
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 | €179,209 | €134,669 | -€44,541 | -24.9% |
| Fixed assets | 21/28 | €10,127 | €7,022 | -€3,105 | -30.7% |
| Tangible fixed assets | 22/27 | €10,127 | €7,022 | -€3,105 | -30.7% |
| Plant, machinery and equipment | 23 | €6,533 | €4,091 | -€2,442 | -37.4% |
| Furniture and vehicles | 24 | - | €2,931 | +€2,931 | |
| Leasing and similar rights | 25 | €3,593 | - | -€3,593 | |
| Current assets | 29/58 | €169,083 | €127,647 | -€41,436 | -24.5% |
| Amounts receivable within one year | 40/41 | €47,912 | €47,912 | = | 0.0% |
| Other amounts receivable | 41 | €47,912 | €47,912 | = | 0.0% |
| Current investments | 50/53 | €4,000 | €16,000 | +€12,000 | +300% |
| Cash at bank and in hand | 54/58 | €117,171 | €61,934 | -€55,237 | -47.1% |
| Deferred charges and accrued income | 490/1 | - | €1,801 | +€1,801 | |
| Total equity and liabilities | 10/49 | €179,209 | €134,669 | -€44,541 | -24.9% |
| Equity | 10/15 | €77,845 | €71,000 | -€6,845 | -8.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €76,432 | €70,000 | -€6,432 | -8.4% |
| Distributable reserves | 133 | €76,432 | €70,000 | -€6,432 | -8.4% |
| Profit (loss) carried forward | 14 | €413 | - | -€413 | |
| Amounts payable | 17/49 | €101,364 | €63,669 | -€37,696 | -37.2% |
| Amounts payable within one year | 42/48 | €101,364 | €63,669 | -€37,696 | -37.2% |
| Trade debts | 44 | €1,500 | €908 | -€593 | -39.5% |
| Suppliers | 440/4 | €1,500 | €908 | -€593 | -39.5% |
| Taxes, remuneration and social security | 45 | €19,000 | €22,996 | +€3,996 | +21.0% |
| Taxes | 450/3 | €19,000 | €22,996 | +€3,996 | +21.0% |
| Other amounts payable | 47/48 | €80,864 | €39,765 | -€41,099 | -50.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,017 | €3,105 | +€88 | +2.9% |
| Other operating charges | 640/8 | €1,398 | €529 | -€869 | -62.2% |
| Gross operating margin | 9900 | €60,297 | €56,043 | -€4,253 | -7.1% |
| Operating profit (loss) | 9901 | €55,882 | €52,409 | -€3,472 | -6.2% |
| Financial income | 75/76B | €49,385 | €1,949 | -€47,436 | -96.1% |
| Recurring financial income | 75 | €49,385 | €1,949 | -€47,436 | -96.1% |
| Non-recurring financial income | 76B | €49,385 | - | -€49,385 | |
| Financial charges | 65/66B | €40 | €48 | +€8 | +19.9% |
| Recurring financial charges | 65 | €40 | €48 | +€8 | +19.9% |
| Profit (loss) for the period before taxes | 9903 | €105,226 | €54,310 | -€50,916 | -48.4% |
| Income taxes | 67/77 | €32,661 | €15,931 | -€16,729 | -51.2% |
| Profit (loss) for the period | 9904 | €72,566 | €38,379 | -€34,187 | -47.1% |
| Profit (loss) for the period to be appropriated | 9905 | €72,566 | €38,379 | -€34,187 | -47.1% |
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 14 October 2026 via checked.be.