Immo Geyssens: 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.
Immo Geyssens
Largest movements
- Tangible fixed assets -€16,065
down €16,065 (-90.9%), from €17,673 to €1,608
of which Furniture and vehicles: -€8,243
- Current investments -€15,000
no longer reported in 2024 (was €15,000)
- Receivables within one year +€13,296
up €13,296 (+32.2%), from €41,262 to €54,558
of which Trade receivables: +€26,131
- Profit (loss) carried forward +€79,354
up €79,354, from -€8,859 to €70,495
- Other debts -€46,250
down €46,250 (-26.6%), from €173,598 to €127,348
- Debts after one year -€37,502
down €37,502 (-34.6%), from €108,290 to €70,788
- Trade debts -€13,851
down €13,851 (-92.3%), from €15,002 to €1,151
- Short-term financial debts -€13,636
down €13,636 (-68.6%), from €19,876 to €6,239
- Gross operating margin +€29,263
up €29,263 (+28.0%), from €104,468 to €133,731
- Taxes +€12,310
up €12,310 (+66.0%), from €18,646 to €30,956
- Financial charges +€9,826
up €9,826 (+1,465%), from €671 to €10,497
From the 2022 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2022 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €442,980 | €427,326 | -€15,654 | -3.5% |
| Fixed assets | 21/28 | €385,898 | €369,833 | -€16,065 | -4.2% |
| Tangible fixed assets | 22/27 | €17,673 | €1,608 | -€16,065 | -90.9% |
| Land and buildings | 22 | €7,822 | - | -€7,822 | |
| Furniture and vehicles | 24 | €9,851 | €1,608 | -€8,243 | -83.7% |
| Financial fixed assets | 28 | €368,225 | €368,225 | = | 0.0% |
| Current assets | 29/58 | €57,082 | €57,493 | +€411 | +0.7% |
| Amounts receivable within one year | 40/41 | €41,262 | €54,558 | +€13,296 | +32.2% |
| Trade receivables | 40 | €18,828 | €44,958 | +€26,131 | +139% |
| Other amounts receivable | 41 | €22,435 | €9,600 | -€12,835 | -57.2% |
| Current investments | 50/53 | €15,000 | - | -€15,000 | |
| Deferred charges and accrued income | 490/1 | €820 | €2,935 | +€2,115 | +258% |
| Total equity and liabilities | 10/49 | €442,980 | €427,326 | -€15,654 | -3.5% |
| Equity | 10/15 | €91,761 | €171,115 | +€79,354 | +86.5% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €620 | €620 | = | 0.0% |
| Non-distributable reserves | 130/1 | €620 | - | -€620 | |
| Reserves not available under the articles | 1311 | €620 | - | -€620 | |
| Distributable reserves | 133 | - | €620 | +€620 | |
| Profit (loss) carried forward | 14 | -€8,859 | €70,495 | +€79,354 | |
| Amounts payable | 17/49 | €351,219 | €256,212 | -€95,007 | -27.1% |
| Amounts payable after more than one year | 17 | €108,290 | €70,788 | -€37,502 | -34.6% |
| Financial debts | 170/4 | €108,290 | €70,788 | -€37,502 | -34.6% |
| Amounts payable within one year | 42/48 | €242,929 | €185,424 | -€57,505 | -23.7% |
| Current portion of amounts payable after more than one year | 42 | €21,710 | €25,280 | +€3,570 | +16.4% |
| Financial debts | 43 | €19,876 | €6,239 | -€13,636 | -68.6% |
| Credit institutions | 430/8 | €19,876 | €6,239 | -€13,636 | -68.6% |
| Trade debts | 44 | €15,002 | €1,151 | -€13,851 | -92.3% |
| Suppliers | 440/4 | €15,002 | €1,151 | -€13,851 | -92.3% |
| Taxes, remuneration and social security | 45 | €12,743 | €25,405 | +€12,662 | +99.4% |
| Taxes | 450/3 | €10,743 | €25,405 | +€14,662 | +136% |
| Remuneration and social security | 454/9 | €2,000 | - | -€2,000 | |
| Other amounts payable | 47/48 | €173,598 | €127,348 | -€46,250 | -26.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,582 | €1,721 | +€138 | +8.7% |
| Other operating charges | 640/8 | €3,463 | €3,381 | -€82 | -2.4% |
| Non-recurring operating charges | 66A | €4,500 | €7,822 | +€3,322 | +73.8% |
| Gross operating margin | 9900 | €104,468 | €133,731 | +€29,263 | +28.0% |
| Operating profit (loss) | 9901 | €94,923 | €120,807 | +€25,885 | +27.3% |
| Financial income | 75/76B | €852 | - | -€852 | |
| Recurring financial income | 75 | €852 | - | -€852 | |
| Financial charges | 65/66B | €671 | €10,497 | +€9,826 | +1,465% |
| Recurring financial charges | 65 | €671 | €10,497 | +€9,826 | +1,465% |
| Profit (loss) for the period before taxes | 9903 | €95,103 | €110,310 | +€15,207 | +16.0% |
| Income taxes | 67/77 | €18,646 | €30,956 | +€12,310 | +66.0% |
| Profit (loss) for the period | 9904 | €76,458 | €79,354 | +€2,896 | +3.8% |
| Profit (loss) for the period to be appropriated | 9905 | €76,458 | €79,354 | +€2,896 | +3.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 30 June 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.