GROEP GEURTS: 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.
GROEP GEURTS
Largest movements
- Receivables within one year -€33,373
down €33,373 (-7.7%), from €432,957 to €399,584
of which Trade receivables: -€108,900
- Other debts -€47,769
down €47,769 (-14.2%), from €337,140 to €289,371
- Debts after one year -€38,267
down €38,267 (-5.0%), from €772,914 to €734,646
- Reserves +€29,088
up €29,088 (+3.5%), from €828,797 to €857,884
of which Distributable reserves: +€29,088
- Financial charges +€34,943
up €34,943 (+89.9%), from €38,875 to €73,817
- Taxes -€6,599
down €6,599 (-40.5%), from €16,294 to €9,695
- Financial income +€4,144
up €4,144 (+37.4%), from €11,085 to €15,229
- Gross operating margin +€4,023
up €4,023 (+3.5%), from €114,526 to €118,549
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 | €2,900,276 | €2,852,995 | -€47,281 | -1.6% |
| Fixed assets | 21/28 | €2,419,962 | €2,399,828 | -€20,133 | -0.8% |
| Tangible fixed assets | 22/27 | €176,862 | €156,728 | -€20,133 | -11.4% |
| Land and buildings | 22 | €176,862 | €156,728 | -€20,133 | -11.4% |
| Financial fixed assets | 28 | €2,243,100 | €2,243,100 | = | 0.0% |
| Current assets | 29/58 | €480,314 | €453,166 | -€27,148 | -5.7% |
| Amounts receivable within one year | 40/41 | €432,957 | €399,584 | -€33,373 | -7.7% |
| Trade receivables | 40 | €108,900 | - | -€108,900 | |
| Other amounts receivable | 41 | €324,057 | €399,584 | +€75,527 | +23.3% |
| Cash at bank and in hand | 54/58 | €35,757 | €41,983 | +€6,225 | +17.4% |
| Deferred charges and accrued income | 490/1 | €11,600 | €11,600 | = | 0.0% |
| Total equity and liabilities | 10/49 | €2,900,276 | €2,852,995 | -€47,281 | -1.6% |
| Equity | 10/15 | €1,780,797 | €1,809,884 | +€29,088 | +1.6% |
| Contributions | 10/11 | €952,000 | €952,000 | = | 0.0% |
| Capital | 10 | €952,000 | €952,000 | = | 0.0% |
| Issued capital | 100 | €952,000 | €952,000 | = | 0.0% |
| Reserves | 13 | €828,797 | €857,884 | +€29,088 | +3.5% |
| Non-distributable reserves | 130/1 | €176,200 | €176,200 | = | 0.0% |
| Legal reserve | 130 | €176,200 | €176,200 | = | 0.0% |
| Distributable reserves | 133 | €652,597 | €681,684 | +€29,088 | +4.5% |
| Amounts payable | 17/49 | €1,119,479 | €1,043,110 | -€76,369 | -6.8% |
| Amounts payable after more than one year | 17 | €772,914 | €734,646 | -€38,267 | -5.0% |
| Financial debts | 170/4 | €772,914 | €734,646 | -€38,267 | -5.0% |
| Amounts payable within one year | 42/48 | €346,082 | €307,965 | -€38,117 | -11.0% |
| Trade debts | 44 | €518 | €113 | -€406 | -78.3% |
| Suppliers | 440/4 | €518 | €113 | -€406 | -78.3% |
| Taxes, remuneration and social security | 45 | €8,423 | €18,481 | +€10,058 | +119% |
| Taxes | 450/3 | €8,423 | €18,481 | +€10,058 | +119% |
| Other amounts payable | 47/48 | €337,140 | €289,371 | -€47,769 | -14.2% |
| Accrued charges and deferred income | 492/3 | €484 | €499 | +€15 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,133 | €20,133 | = | 0.0% |
| Other operating charges | 640/8 | €1,422 | €1,045 | -€377 | -26.5% |
| Gross operating margin | 9900 | €114,526 | €118,549 | +€4,023 | +3.5% |
| Operating profit (loss) | 9901 | €92,971 | €97,371 | +€4,400 | +4.7% |
| Financial income | 75/76B | €11,085 | €15,229 | +€4,144 | +37.4% |
| Recurring financial income | 75 | €11,085 | €15,229 | +€4,144 | +37.4% |
| Financial charges | 65/66B | €38,875 | €73,817 | +€34,943 | +89.9% |
| Recurring financial charges | 65 | €38,875 | €73,817 | +€34,943 | +89.9% |
| Profit (loss) for the period before taxes | 9903 | €65,181 | €38,783 | -€26,398 | -40.5% |
| Income taxes | 67/77 | €16,294 | €9,695 | -€6,599 | -40.5% |
| Profit (loss) for the period | 9904 | €48,887 | €29,088 | -€19,799 | -40.5% |
| Profit (loss) for the period to be appropriated | 9905 | €48,887 | €29,088 | -€19,799 | -40.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.