Geukens Ventures: what changed
Two fiscal 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.
Geukens Ventures
Largest movements
- Tangible fixed assets +€121,742
up €121,742 (+143.2%), from €85,042 to €206,784
of which Other tangible fixed assets: +€87,602
- Receivables within one year -€12,384
down €12,384 (-31.4%), from €39,404 to €27,020
of which Trade receivables: -€20,570
- Cash +€10,344
up €10,344 (+376.8%), from €2,745 to €13,089
mainly Other debts (+€119,663) and Trade debts (+€28,210)
- Other debts +€119,663
up €119,663 (+302.0%), from €39,627 to €159,290
- Trade debts +€28,210
up €28,210 (+267.3%), from €10,555 to €38,766
- Tax, wage and social debts -€14,938
down €14,938 (-79.9%), from €18,701 to €3,763
- Profit (loss) carried forward -€8,901
new in 2025: -€8,901
- Accrued charges and deferred income -€4,358
down €4,358 (-58.9%), from €7,404 to €3,046
- Gross operating margin -€60,990
down €60,990 (-90.7%), from €67,232 to €6,242
- Taxes -€15,574
down €15,574 (-83.3%), from €18,701 to €3,127
- Depreciation +€9,491
up €9,491 (+1347.9%), from €704 to €10,195
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.
Cash bridge derived
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 | €128,063 | €247,739 | +€119,676 | +93.5% |
| Fixed assets | 21/28 | €85,042 | €206,784 | +€121,742 | +143.2% |
| Tangible fixed assets | 22/27 | €85,042 | €206,784 | +€121,742 | +143.2% |
| Plant, machinery and equipment | 23 | - | €7,280 | +€7,280 | |
| Furniture and vehicles | 24 | - | €26,860 | +€26,860 | |
| Other tangible fixed assets | 26 | €85,042 | €172,644 | +€87,602 | +103.0% |
| Current assets | 29/58 | €43,021 | €40,954 | -€2,066 | -4.8% |
| Amounts receivable within one year | 40/41 | €39,404 | €27,020 | -€12,384 | -31.4% |
| Trade receivables | 40 | €36,300 | €15,730 | -€20,570 | -56.7% |
| Other amounts receivable | 41 | €3,104 | €11,290 | +€8,186 | +263.7% |
| Cash at bank and in hand | 54/58 | €2,745 | €13,089 | +€10,344 | +376.8% |
| Deferred charges and accrued income | 490/1 | €872 | €846 | -€26 | -3.0% |
| Total equity and liabilities | 10/49 | €128,063 | €247,739 | +€119,676 | +93.5% |
| Equity | 10/15 | €51,776 | €42,875 | -€8,901 | -17.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €46,776 | €46,776 | = | 0.0% |
| Distributable reserves | 133 | €46,776 | €46,776 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€8,901 | -€8,901 | |
| Amounts payable | 17/49 | €76,287 | €204,864 | +€128,577 | +168.5% |
| Amounts payable within one year | 42/48 | €68,883 | €201,818 | +€132,935 | +193.0% |
| Trade debts | 44 | €10,555 | €38,766 | +€28,210 | +267.3% |
| Suppliers | 440/4 | €10,555 | €38,766 | +€28,210 | +267.3% |
| Taxes, remuneration and social security | 45 | €18,701 | €3,763 | -€14,938 | -79.9% |
| Taxes | 450/3 | €18,701 | €3,763 | -€14,938 | -79.9% |
| Other amounts payable | 47/48 | €39,627 | €159,290 | +€119,663 | +302.0% |
| Accrued charges and deferred income | 492/3 | €7,404 | €3,046 | -€4,358 | -58.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €704 | €10,195 | +€9,491 | +1347.9% |
| Other operating charges | 640/8 | €979 | €1,608 | +€629 | +64.3% |
| Gross operating margin | 9900 | €67,232 | €6,242 | -€60,990 | -90.7% |
| Operating profit (loss) | 9901 | €65,549 | -€5,562 | -€71,111 | |
| Financial charges | 65/66B | €72 | €213 | +€141 | +195.5% |
| Recurring financial charges | 65 | €72 | €213 | +€141 | +195.5% |
| Profit (loss) for the period before taxes | 9903 | €65,477 | -€5,775 | -€71,252 | |
| Income taxes | 67/77 | €18,701 | €3,127 | -€15,574 | -83.3% |
| Profit (loss) for the period | 9904 | €46,776 | -€8,901 | -€55,677 | |
| Profit (loss) for the period to be appropriated | 9905 | €46,776 | -€8,901 | -€55,677 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.