Geshikt: 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.
Geshikt
Largest movements
- Receivables within one year +€46,412
up €46,412 (+116%), from €40,126 to €86,538
of which Trade receivables: +€53,818
- Tangible fixed assets -€6,941
down €6,941 (-46.8%), from €14,827 to €7,886
of which Furniture and vehicles: -€7,594
- Cash -€1,045
down €1,045 (-28.2%), from €3,704 to €2,659
mainly Receivables within one year (-€46,412) and Other debts (-€950)
- Tax, wage and social debts +€21,247
up €21,247 (+150%), from €14,205 to €35,452
of which Remuneration and social security: +€10,759
- Trade debts +€12,173
up €12,173 (+154%), from €7,921 to €20,094
- Advances received +€5,660
new in 2024: €5,660
- Staff costs +€37,439
up €37,439 (+124%), from €30,204 to €67,643
- Gross operating margin +€35,341
up €35,341 (+75.3%), from €46,951 to €82,291
- Other operating charges +€4,949
up €4,949 (+316%), from €1,567 to €6,515
- Depreciation -€2,121
down €2,121 (-25.4%), from €8,359 to €6,238
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €59,126 | €97,710 | +€38,583 | +65.3% |
| Fixed assets | 21/28 | €14,827 | €7,886 | -€6,941 | -46.8% |
| Tangible fixed assets | 22/27 | €14,827 | €7,886 | -€6,941 | -46.8% |
| Plant, machinery and equipment | 23 | €1,383 | €2,036 | +€653 | +47.2% |
| Furniture and vehicles | 24 | €13,444 | €5,850 | -€7,594 | -56.5% |
| Current assets | 29/58 | €44,300 | €89,824 | +€45,524 | +103% |
| Amounts receivable within one year | 40/41 | €40,126 | €86,538 | +€46,412 | +116% |
| Trade receivables | 40 | €19,503 | €73,321 | +€53,818 | +276% |
| Other amounts receivable | 41 | €20,623 | €13,217 | -€7,406 | -35.9% |
| Cash at bank and in hand | 54/58 | €3,704 | €2,659 | -€1,045 | -28.2% |
| Deferred charges and accrued income | 490/1 | €470 | €627 | +€157 | +33.4% |
| Total equity and liabilities | 10/49 | €59,126 | €97,710 | +€38,583 | +65.3% |
| Equity | 10/15 | €6,050 | €6,504 | +€454 | +7.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,050 | €5,504 | +€454 | +9.0% |
| Amounts payable | 17/49 | €53,077 | €91,206 | +€38,129 | +71.8% |
| Amounts payable within one year | 42/48 | €53,077 | €91,206 | +€38,129 | +71.8% |
| Trade debts | 44 | €7,921 | €20,094 | +€12,173 | +154% |
| Suppliers | 440/4 | €7,921 | €20,094 | +€12,173 | +154% |
| Advances received on contracts in progress | 46 | - | €5,660 | +€5,660 | |
| Taxes, remuneration and social security | 45 | €14,205 | €35,452 | +€21,247 | +150% |
| Taxes | 450/3 | €10,508 | €20,996 | +€10,488 | +99.8% |
| Remuneration and social security | 454/9 | €3,697 | €14,456 | +€10,759 | +291% |
| Other amounts payable | 47/48 | €30,950 | €30,000 | -€950 | -3.1% |
| Remuneration, social security and pensions | 62 | €30,204 | €67,643 | +€37,439 | +124% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,359 | €6,238 | -€2,121 | -25.4% |
| Other operating charges | 640/8 | €1,567 | €6,515 | +€4,949 | +316% |
| Non-recurring operating charges | 66A | - | €245 | +€245 | |
| Gross operating margin | 9900 | €46,951 | €82,291 | +€35,341 | +75.3% |
| Operating profit (loss) | 9901 | €6,822 | €1,650 | -€5,172 | -75.8% |
| Financial income | 75/76B | €10 | €7 | -€3 | -26.8% |
| Recurring financial income | 75 | €10 | €7 | -€3 | -26.8% |
| Financial charges | 65/66B | €866 | €670 | -€196 | -22.7% |
| Recurring financial charges | 65 | €866 | €670 | -€196 | -22.7% |
| Profit (loss) for the period before taxes | 9903 | €5,965 | €987 | -€4,978 | -83.4% |
| Income taxes | 67/77 | €916 | €534 | -€382 | -41.7% |
| Profit (loss) for the period | 9904 | €5,050 | €454 | -€4,596 | -91.0% |
| Profit (loss) for the period to be appropriated | 9905 | €5,050 | €454 | -€4,596 | -91.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.