GEYSER: 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.
GEYSER
Largest movements
- Cash -€9,133
down €9,133 (-27.9%), from €32,707 to €23,575
mainly Net result for the year (-€13,797) and Tax, wage and social debts (-€1,475)
- Receivables within one year -€4,896
down €4,896 (-100.0%), from €4,896 to €0
- Tangible fixed assets -€2,742
down €2,742 (-33.0%), from €8,311 to €5,569
- Deferred charges and accrued income +€896
up €896 (+49.0%), from €1,830 to €2,726
- Profit (loss) carried forward -€13,797
down €13,797 (-35.8%), from -€38,509 to -€52,306
- Tax, wage and social debts -€1,475
down €1,475 (-100.0%), from €1,475 to €0
- Other debts -€576
down €576 (-2.3%), from €24,728 to €24,152
- Other operating charges +€5,638
up €5,638 (+826.2%), from €682 to €6,320
- Gross operating margin +€3,904
up €3,904 (+45.7%), from -€8,541 to -€4,636
- Financial income -€600
down €600 (-100.0%), from €600 to €0
- Depreciation -€299
down €299 (-9.8%), from €3,041 to €2,742
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 | €47,745 | €31,870 | -€15,875 | -33.2% |
| Fixed assets | 21/28 | €8,311 | €5,569 | -€2,742 | -33.0% |
| Tangible fixed assets | 22/27 | €8,311 | €5,569 | -€2,742 | -33.0% |
| Furniture and vehicles | 24 | €8,311 | €5,569 | -€2,742 | -33.0% |
| Current assets | 29/58 | €39,434 | €26,301 | -€13,133 | -33.3% |
| Amounts receivable within one year | 40/41 | €4,896 | €0 | -€4,896 | -100.0% |
| Other amounts receivable | 41 | €4,896 | €0 | -€4,896 | -100.0% |
| Cash at bank and in hand | 54/58 | €32,707 | €23,575 | -€9,133 | -27.9% |
| Deferred charges and accrued income | 490/1 | €1,830 | €2,726 | +€896 | +49.0% |
| Total equity and liabilities | 10/49 | €47,745 | €31,870 | -€15,875 | -33.2% |
| Equity | 10/15 | €21,360 | €7,563 | -€13,797 | -64.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €53,669 | €53,669 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €51,810 | €51,810 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€38,509 | -€52,306 | -€13,797 | -35.8% |
| Amounts payable | 17/49 | €26,385 | €24,307 | -€2,077 | -7.9% |
| Amounts payable within one year | 42/48 | €26,385 | €24,307 | -€2,077 | -7.9% |
| Trade debts | 44 | €182 | €156 | -€27 | -14.7% |
| Suppliers | 440/4 | €182 | €156 | -€27 | -14.7% |
| Taxes, remuneration and social security | 45 | €1,475 | €0 | -€1,475 | -100.0% |
| Taxes | 450/3 | €1,475 | €0 | -€1,475 | -100.0% |
| Other amounts payable | 47/48 | €24,728 | €24,152 | -€576 | -2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,041 | €2,742 | -€299 | -9.8% |
| Other operating charges | 640/8 | €682 | €6,320 | +€5,638 | +826.2% |
| Gross operating margin | 9900 | -€8,541 | -€4,636 | +€3,904 | +45.7% |
| Operating profit (loss) | 9901 | -€12,264 | -€13,698 | -€1,434 | -11.7% |
| Financial income | 75/76B | €600 | €0 | -€600 | -100.0% |
| Recurring financial income | 75 | €600 | €0 | -€600 | -100.0% |
| Financial charges | 65/66B | €106 | €99 | -€7 | -6.8% |
| Recurring financial charges | 65 | €106 | €99 | -€7 | -6.8% |
| Profit (loss) for the period before taxes | 9903 | -€11,770 | -€13,797 | -€2,027 | -17.2% |
| Profit (loss) for the period | 9904 | -€11,770 | -€13,797 | -€2,027 | -17.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,770 | -€13,797 | -€2,027 | -17.2% |
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 11 October 2026 via checked.be.