GEUSENS & CO: 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.
GEUSENS & CO
Largest movements
- Receivables within one year -€27,090
down €27,090 (-85.0%), from €31,884 to €4,794
- Tangible fixed assets +€9,226
up €9,226 (+279%), from €3,308 to €12,534
- Current portion of long-term debt -€11,187
down €11,187 (-41.0%), from €27,309 to €16,122
- Profit (loss) carried forward -€6,942
down €6,942 (-422%), from -€1,643 to -€8,585
- Trade debts +€1,400
up €1,400 (+281%), from €499 to €1,899
- Debts after one year -€867
no longer reported in 2025 (was €867)
- Other operating charges -€7,373
down €7,373 (-83.7%), from €8,808 to €1,435
- Gross operating margin +€6,131
up €6,131 (+67.8%), from -€9,040 to -€2,909
- Depreciation -€718
down €718 (-27.1%), from €2,647 to €1,928
- Financial charges +€258
up €258 (+62.7%), from €411 to €669
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 | €36,032 | €18,437 | -€17,596 | -48.8% |
| Fixed assets | 21/28 | €3,308 | €12,534 | +€9,226 | +279% |
| Tangible fixed assets | 22/27 | €3,308 | €12,534 | +€9,226 | +279% |
| Furniture and vehicles | 24 | €3,308 | €12,534 | +€9,226 | +279% |
| Current assets | 29/58 | €32,724 | €5,902 | -€26,822 | -82.0% |
| Amounts receivable within one year | 40/41 | €31,884 | €4,794 | -€27,090 | -85.0% |
| Other amounts receivable | 41 | €31,884 | €4,794 | -€27,090 | -85.0% |
| Cash at bank and in hand | 54/58 | €840 | €1,108 | +€268 | +31.9% |
| Total equity and liabilities | 10/49 | €36,032 | €18,437 | -€17,596 | -48.8% |
| Equity | 10/15 | €7,357 | €415 | -€6,942 | -94.4% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,643 | -€8,585 | -€6,942 | -422% |
| Amounts payable | 17/49 | €28,675 | €18,021 | -€10,654 | -37.2% |
| Amounts payable after more than one year | 17 | €867 | - | -€867 | |
| Financial debts | 170/4 | €867 | - | -€867 | |
| Amounts payable within one year | 42/48 | €27,808 | €18,021 | -€9,787 | -35.2% |
| Current portion of amounts payable after more than one year | 42 | €27,309 | €16,122 | -€11,187 | -41.0% |
| Trade debts | 44 | €499 | €1,899 | +€1,400 | +281% |
| Suppliers | 440/4 | €499 | €1,899 | +€1,400 | +281% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,647 | €1,928 | -€718 | -27.1% |
| Other operating charges | 640/8 | €8,808 | €1,435 | -€7,373 | -83.7% |
| Gross operating margin | 9900 | -€9,040 | -€2,909 | +€6,131 | +67.8% |
| Operating profit (loss) | 9901 | -€20,494 | -€6,273 | +€14,222 | +69.4% |
| Financial charges | 65/66B | €411 | €669 | +€258 | +62.7% |
| Recurring financial charges | 65 | €411 | €669 | +€258 | +62.7% |
| Profit (loss) for the period before taxes | 9903 | -€20,906 | -€6,942 | +€13,964 | +66.8% |
| Profit (loss) for the period | 9904 | -€20,906 | -€6,942 | +€13,964 | +66.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,906 | -€6,942 | +€13,964 | +66.8% |
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.