Geweldig: 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.
Geweldig
Largest movements
- Tangible fixed assets +€119,966
up €119,966 (+115%), from €104,341 to €224,307
of which Land and buildings: +€117,576
- Receivables within one year +€5,400
up €5,400 (+119%), from €4,538 to €9,938
of which Trade receivables: +€6,472
- Other debts +€148,085
up €148,085 (+366%), from €40,500 to €188,585
- Profit (loss) carried forward -€22,510
down €22,510 (-103%), from -€21,911 to -€44,420
- Debts after one year -€7,828
down €7,828 (-9.6%), from €81,253 to €73,425
- Trade debts +€7,091
up €7,091 (+358%), from €1,980 to €9,071
- Depreciation +€2,536
up €2,536 (+241%), from €1,053 to €3,588
- Other operating charges -€2,124
down €2,124 (-23.5%), from €9,041 to €6,916
- Financial charges +€1,208
up €1,208 (+41.3%), from €2,926 to €4,133
- Gross operating margin +€1,018
up €1,018 (+11.4%), from -€8,892 to -€7,874
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 | €112,344 | €237,488 | +€125,144 | +111% |
| Fixed assets | 21/28 | €104,341 | €224,307 | +€119,966 | +115% |
| Tangible fixed assets | 22/27 | €104,341 | €224,307 | +€119,966 | +115% |
| Land and buildings | 22 | €102,829 | €220,405 | +€117,576 | +114% |
| Plant, machinery and equipment | 23 | - | €2,929 | +€2,929 | |
| Furniture and vehicles | 24 | €1,512 | €973 | -€539 | -35.6% |
| Current assets | 29/58 | €8,003 | €13,181 | +€5,178 | +64.7% |
| Amounts receivable within one year | 40/41 | €4,538 | €9,938 | +€5,400 | +119% |
| Trade receivables | 40 | €2,193 | €8,665 | +€6,472 | +295% |
| Other amounts receivable | 41 | €2,345 | €1,273 | -€1,072 | -45.7% |
| Cash at bank and in hand | 54/58 | €3,465 | €3,242 | -€222 | -6.4% |
| Total equity and liabilities | 10/49 | €112,344 | €237,488 | +€125,144 | +111% |
| Equity | 10/15 | -€18,911 | -€41,420 | -€22,510 | -119% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,911 | -€44,420 | -€22,510 | -103% |
| Amounts payable | 17/49 | €131,255 | €278,908 | +€147,653 | +112% |
| Amounts payable after more than one year | 17 | €81,253 | €73,425 | -€7,828 | -9.6% |
| Financial debts | 170/4 | €81,253 | €73,425 | -€7,828 | -9.6% |
| Amounts payable within one year | 42/48 | €50,002 | €205,483 | +€155,481 | +311% |
| Current portion of amounts payable after more than one year | 42 | €7,522 | €7,828 | +€306 | +4.1% |
| Trade debts | 44 | €1,980 | €9,071 | +€7,091 | +358% |
| Suppliers | 440/4 | €1,980 | €9,071 | +€7,091 | +358% |
| Other amounts payable | 47/48 | €40,500 | €188,585 | +€148,085 | +366% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,053 | €3,588 | +€2,536 | +241% |
| Other operating charges | 640/8 | €9,041 | €6,916 | -€2,124 | -23.5% |
| Gross operating margin | 9900 | -€8,892 | -€7,874 | +€1,018 | +11.4% |
| Operating profit (loss) | 9901 | -€18,985 | -€18,379 | +€606 | +3.2% |
| Financial income | 75/76B | - | €4 | +€4 | |
| Recurring financial income | 75 | - | €4 | +€4 | |
| Financial charges | 65/66B | €2,926 | €4,133 | +€1,208 | +41.3% |
| Recurring financial charges | 65 | €2,926 | €4,133 | +€1,208 | +41.3% |
| Profit (loss) for the period before taxes | 9903 | -€21,911 | -€22,508 | -€598 | -2.7% |
| Income taxes | 67/77 | - | €1 | +€1 | |
| Profit (loss) for the period | 9904 | -€21,911 | -€22,510 | -€599 | -2.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,911 | -€22,510 | -€599 | -2.7% |
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.