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GHEYSENS: what changed

What changed

GHEYSENS

BE 0460.761.282
NACE 69.101, Activities of lawyers
filed annual accounts (NBB)
Financial years compared with
Net result for the year
-€2,021
2024 · €12,234-€14,255
Equity
€620,847
2024 · €622,868-€2,021
Cash
€41,031
2024 · €80,800-€39,769
Balance sheet total
€1.1m
2024 · €1.1m+€3,982

Largest movements

2024 to 2025
Assets
  • Receivables within one year +€71,202

    up €71,202 (+21.2%), from €335,296 to €406,498

    of which Other amounts receivable: +€110,928

  • Cash -€39,769

    down €39,769 (-49.2%), from €80,800 to €41,031

    mainly Trade debts (-€74,507) and Receivables within one year (-€71,202)

  • Tangible fixed assets -€30,779

    down €30,779 (-47.2%), from €65,268 to €34,489

    of which Furniture and vehicles: -€31,495

Equity and liabilities
  • Advances received +€98,185

    up €98,185 (+28.1%), from €349,026 to €447,211

  • Trade debts -€74,507

    down €74,507 (-77.0%), from €96,800 to €22,293

  • Tax, wage and social debts -€16,966

    down €16,966 (-50.5%), from €33,578 to €16,612

Income statement
  • Gross operating margin -€40,359

    down €40,359 (-55.0%), from €73,419 to €33,061

  • Taxes -€12,228

    down €12,228 (-39.5%), from €30,966 to €18,739

  • Other operating charges -€8,797

    down €8,797 (-74.9%), from €11,749 to €2,952

  • Financial income +€3,132

    up €3,132 (+20.7%), from €15,129 to €18,261

  • Financial charges -€1,153

    down €1,153 (-73.1%), from €1,577 to €424

Change in the result, 2024 to 2025

effect on the result

For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.

Result 2024 €12,234
Gross operating margin -€40,359
Depreciation +€161
Provisions +€633
Other operating charges +€8,797
Financial income +€3,132
Financial charges +€1,153
Taxes +€12,228
Result 2025 -€2,021
raises the resultlowers the result

Derived cash bridge

cash 2024 to 2025

The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.

From operations -€38,609
Investment -€1,159
Financing €0
Cash 2024 €80,800
Net result for the year -€2,021
Depreciation +€31,938
Receivables within one year -€71,202
Deferred charges and accrued income -€3,328
Provisions -€710
Trade debts -€74,507
Tax, wage and social debts -€16,966
Advances received +€98,185
Investment in fixed assets (net) -€1,159
Cash 2025 €41,031
brings cash intakes cash out
Every line side by side 44 lines
Line Code 2024 2025 Change %
Total assets 20/58 €1,107,479 €1,111,461 +€3,982 +0.4%
Fixed assets 21/28 €86,068 €55,289 -€30,779 -35.8%
Tangible fixed assets 22/27 €65,268 €34,489 -€30,779 -47.2%
Plant, machinery and equipment 23 €311 €1,027 +€716 +230%
Furniture and vehicles 24 €64,957 €33,462 -€31,495 -48.5%
Financial fixed assets 28 €20,800 €20,800 = 0.0%
Current assets 29/58 €1,021,411 €1,056,172 +€34,761 +3.4%
Amounts receivable after more than one year 29 €600,000 €600,000 = 0.0%
Other amounts receivable 291 €600,000 €600,000 = 0.0%
Amounts receivable within one year 40/41 €335,296 €406,498 +€71,202 +21.2%
Trade receivables 40 €44,727 €5,000 -€39,727 -88.8%
Other amounts receivable 41 €290,569 €401,498 +€110,928 +38.2%
Cash at bank and in hand 54/58 €80,800 €41,031 -€39,769 -49.2%
Deferred charges and accrued income 490/1 €5,315 €8,643 +€3,328 +62.6%
Total equity and liabilities 10/49 €1,107,479 €1,111,461 +€3,982 +0.4%
Equity 10/15 €622,868 €620,847 -€2,021 -0.3%
Contributions 10/11 €19,295 €19,295 = 0.0%
Reserves 13 €340,235 €340,235 = 0.0%
Tax-exempt reserves 132 €3,529 €3,529 = 0.0%
Distributable reserves 133 €336,706 €336,706 = 0.0%
Profit (loss) carried forward 14 €263,338 €261,317 -€2,021 -0.8%
Provisions and deferred taxes 16 €5,207 €4,497 -€710 -13.6%
Provisions for liabilities and charges 160/5 €5,207 €4,497 -€710 -13.6%
Other liabilities and charges 164/5 €5,207 €4,497 -€710 -13.6%
Amounts payable 17/49 €479,404 €486,116 +€6,712 +1.4%
Amounts payable within one year 42/48 €479,404 €486,116 +€6,712 +1.4%
Trade debts 44 €96,800 €22,293 -€74,507 -77.0%
Suppliers 440/4 €96,800 €22,293 -€74,507 -77.0%
Advances received on contracts in progress 46 €349,026 €447,211 +€98,185 +28.1%
Taxes, remuneration and social security 45 €33,578 €16,612 -€16,966 -50.5%
Taxes 450/3 €33,578 €16,612 -€16,966 -50.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €32,099 €31,938 -€161 -0.5%
Provisions for liabilities and charges: additions (uses and reversals) 635/8 -€76 -€710 -€633 -830%
Other operating charges 640/8 €11,749 €2,952 -€8,797 -74.9%
Gross operating margin 9900 €73,419 €33,061 -€40,359 -55.0%
Operating profit (loss) 9901 €29,648 -€1,119 -€30,767
Financial income 75/76B €15,129 €18,261 +€3,132 +20.7%
Recurring financial income 75 €15,129 €18,261 +€3,132 +20.7%
Financial charges 65/66B €1,577 €424 -€1,153 -73.1%
Recurring financial charges 65 €1,577 €424 -€1,153 -73.1%
Profit (loss) for the period before taxes 9903 €43,200 €16,718 -€26,482 -61.3%
Income taxes 67/77 €30,966 €18,739 -€12,228 -39.5%
Profit (loss) for the period 9904 €12,234 -€2,021 -€14,255
Profit (loss) for the period to be appropriated 9905 €12,234 -€2,021 -€14,255
Calculation and sources

Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.