Jan Geeroms: 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.
Jan Geeroms
Largest movements
- Cash -€47,036
down €47,036 (-79.6%), from €59,099 to €12,063
mainly Net result for the year (-€35,123) and Current investments (-€24,000)
- Tangible fixed assets -€29,968
down €29,968 (-15.5%), from €192,725 to €162,757
of which Land and buildings: -€26,400
- Current investments +€24,000
up €24,000 (+60.0%), from €40,000 to €64,000
- Receivables within one year -€3,981
down €3,981 (-14.0%), from €28,359 to €24,378
- Profit (loss) carried forward -€35,123
down €35,123 (-95.0%), from €36,978 to €1,855
- Debts after one year -€14,853
down €14,853 (-14.1%), from €105,368 to €90,516
- Current portion of long-term debt -€13,098
down €13,098 (-46.3%), from €28,287 to €15,189
- Trade debts +€5,941
up €5,941 (+10.3%), from €57,465 to €63,406
- Gross operating margin -€105,151
down €105,151 (-96.5%), from €108,939 to €3,788
- Depreciation -€64,884
down €64,884 (-66.4%), from €97,679 to €32,795
- Taxes -€1,803
down €1,803 (-99.4%), from €1,814 to €10
- Financial income -€1,489
down €1,489 (-100.0%), from €1,489 to €1
- Other operating charges -€1,350
down €1,350 (-25.5%), from €5,300 to €3,950
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 | €363,251 | €303,298 | -€59,953 | -16.5% |
| Fixed assets | 21/28 | €192,749 | €162,782 | -€29,968 | -15.5% |
| Tangible fixed assets | 22/27 | €192,725 | €162,757 | -€29,968 | -15.5% |
| Land and buildings | 22 | €166,400 | €140,000 | -€26,400 | -15.9% |
| Furniture and vehicles | 24 | €26,325 | €22,757 | -€3,568 | -13.6% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €170,502 | €140,517 | -€29,985 | -17.6% |
| Amounts receivable after more than one year | 29 | €40,000 | €40,000 | = | 0.0% |
| Trade receivables | 290 | €40,000 | - | -€40,000 | |
| Other amounts receivable | 291 | - | €40,000 | +€40,000 | |
| Amounts receivable within one year | 40/41 | €28,359 | €24,378 | -€3,981 | -14.0% |
| Other amounts receivable | 41 | €28,359 | €24,378 | -€3,981 | -14.0% |
| Current investments | 50/53 | €40,000 | €64,000 | +€24,000 | +60.0% |
| Cash at bank and in hand | 54/58 | €59,099 | €12,063 | -€47,036 | -79.6% |
| Deferred charges and accrued income | 490/1 | €3,044 | €75 | -€2,968 | -97.5% |
| Total equity and liabilities | 10/49 | €363,251 | €303,298 | -€59,953 | -16.5% |
| Equity | 10/15 | €169,154 | €134,031 | -€35,123 | -20.8% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €113,176 | €113,176 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Tax-exempt reserves | 132 | €35,580 | €35,580 | = | 0.0% |
| Distributable reserves | 133 | €75,696 | €75,696 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,978 | €1,855 | -€35,123 | -95.0% |
| Amounts payable | 17/49 | €194,097 | €169,267 | -€24,830 | -12.8% |
| Amounts payable after more than one year | 17 | €105,368 | €90,516 | -€14,853 | -14.1% |
| Financial debts | 170/4 | €105,368 | €90,516 | -€14,853 | -14.1% |
| Amounts payable within one year | 42/48 | €87,566 | €78,595 | -€8,971 | -10.2% |
| Current portion of amounts payable after more than one year | 42 | €28,287 | €15,189 | -€13,098 | -46.3% |
| Trade debts | 44 | €57,465 | €63,406 | +€5,941 | +10.3% |
| Suppliers | 440/4 | €57,465 | €63,406 | +€5,941 | +10.3% |
| Taxes, remuneration and social security | 45 | €1,814 | - | -€1,814 | |
| Taxes | 450/3 | €1,814 | - | -€1,814 | |
| Accrued charges and deferred income | 492/3 | €1,163 | €157 | -€1,006 | -86.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €97,679 | €32,795 | -€64,884 | -66.4% |
| Other operating charges | 640/8 | €5,300 | €3,950 | -€1,350 | -25.5% |
| Gross operating margin | 9900 | €108,939 | €3,788 | -€105,151 | -96.5% |
| Operating profit (loss) | 9901 | €5,960 | -€32,957 | -€38,917 | |
| Financial income | 75/76B | €1,489 | €1 | -€1,489 | -100.0% |
| Recurring financial income | 75 | €1,489 | €1 | -€1,489 | -100.0% |
| Financial charges | 65/66B | €2,659 | €2,155 | -€503 | -18.9% |
| Recurring financial charges | 65 | €2,659 | €2,155 | -€503 | -18.9% |
| Profit (loss) for the period before taxes | 9903 | €4,790 | -€35,112 | -€39,903 | |
| Income taxes | 67/77 | €1,814 | €10 | -€1,803 | -99.4% |
| Profit (loss) for the period | 9904 | €2,977 | -€35,123 | -€38,100 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,977 | -€35,123 | -€38,100 |
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 18 October 2026 via checked.be.