Geys Herman: 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.
Geys Herman
Largest movements
- Receivables within one year -€11,687
down €11,687 (-20.0%), from €58,314 to €46,627
of which Other amounts receivable: -€7,545
- Cash -€1,680
down €1,680 (-26.6%), from €6,311 to €4,631
mainly Trade debts (-€10,027) and Net result for the year (-€3,567)
- Trade debts -€10,027
no longer reported in 2024 (was €10,027)
- Profit (loss) carried forward -€3,567
new in 2024: -€3,567
- Gross operating margin -€19,601
down €19,601 (-67.9%), from €28,881 to €9,280
- Other operating charges +€8,650
up €8,650 (+1,930%), from €448 to €9,099
- Taxes -€5,881
down €5,881 (-63.2%), from €9,305 to €3,424
- Financial charges +€1,050
up €1,050 (+254%), from €414 to €1,464
- Financial income +€290
up €290 (+34.1%), from €850 to €1,140
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 | €64,624 | €51,257 | -€13,367 | -20.7% |
| Current assets | 29/58 | €64,624 | €51,257 | -€13,367 | -20.7% |
| Amounts receivable within one year | 40/41 | €58,314 | €46,627 | -€11,687 | -20.0% |
| Trade receivables | 40 | €29,425 | €25,282 | -€4,142 | -14.1% |
| Other amounts receivable | 41 | €28,889 | €21,344 | -€7,545 | -26.1% |
| Cash at bank and in hand | 54/58 | €6,311 | €4,631 | -€1,680 | -26.6% |
| Total equity and liabilities | 10/49 | €64,624 | €51,257 | -€13,367 | -20.7% |
| Equity | 10/15 | €44,250 | €40,683 | -€3,567 | -8.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €25,650 | €25,650 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,349 | €1,349 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,349 | €1,349 | = | 0.0% |
| Distributable reserves | 133 | €24,302 | €24,302 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€3,567 | -€3,567 | |
| Amounts payable | 17/49 | €20,374 | €10,574 | -€9,800 | -48.1% |
| Amounts payable within one year | 42/48 | €20,374 | €10,574 | -€9,800 | -48.1% |
| Trade debts | 44 | €10,027 | - | -€10,027 | |
| Suppliers | 440/4 | €10,027 | - | -€10,027 | |
| Taxes, remuneration and social security | 45 | €10,347 | €10,574 | +€227 | +2.2% |
| Taxes | 450/3 | €10,347 | €10,574 | +€227 | +2.2% |
| Other operating charges | 640/8 | €448 | €9,099 | +€8,650 | +1,930% |
| Gross operating margin | 9900 | €28,881 | €9,280 | -€19,601 | -67.9% |
| Operating profit (loss) | 9901 | €28,433 | €181 | -€28,252 | -99.4% |
| Financial income | 75/76B | €850 | €1,140 | +€290 | +34.1% |
| Recurring financial income | 75 | €850 | €1,140 | +€290 | +34.1% |
| Financial charges | 65/66B | €414 | €1,464 | +€1,050 | +254% |
| Recurring financial charges | 65 | €414 | €1,464 | +€1,050 | +254% |
| Profit (loss) for the period before taxes | 9903 | €28,869 | -€143 | -€29,012 | |
| Income taxes | 67/77 | €9,305 | €3,424 | -€5,881 | -63.2% |
| Profit (loss) for the period | 9904 | €19,564 | -€3,567 | -€23,131 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,564 | -€3,567 | -€23,131 |
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 30 October 2026 via checked.be.