Jelle Geys: what changed
Jelle Geys
Largest movements
- Receivables within one year +€29,545
up €29,545 (+206%), from €14,323 to €43,867
- Cash -€9,935
down €9,935 (-21.5%), from €46,179 to €36,244
mainly Receivables within one year (-€29,545) and Trade debts (-€2,961)
- Reserves +€23,699
up €23,699 (+81.5%), from €29,094 to €52,793
- Profit (loss) carried forward -€9,972
down €9,972 (-42.1%), from €23,699 to €13,726
- Tax, wage and social debts +€4,486
up €4,486 (+68.2%), from €6,575 to €11,060
- Other debts +€3,600
new in 2025: €3,600
- Trade debts -€2,961
down €2,961 (-95.3%), from €3,108 to €147
- Gross operating margin -€10,784
down €10,784 (-35.4%), from €30,448 to €19,664
- Taxes -€2,089
down €2,089 (-31.8%), from €6,575 to €4,486
- Financial income -€1,041
no longer reported in 2025 (was €1,041)
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €63,476 | €82,327 | +€18,851 | +29.7% |
| Fixed assets | 21/28 | €1,755 | €1,725 | -€30 | -1.7% |
| Tangible fixed assets | 22/27 | €1,755 | €1,320 | -€435 | -24.8% |
| Plant, machinery and equipment | 23 | €1,290 | €1,012 | -€278 | -21.6% |
| Furniture and vehicles | 24 | €465 | €309 | -€156 | -33.6% |
| Financial fixed assets | 28 | - | €405 | +€405 | |
| Current assets | 29/58 | €61,721 | €80,602 | +€18,881 | +30.6% |
| Amounts receivable within one year | 40/41 | €14,323 | €43,867 | +€29,545 | +206% |
| Other amounts receivable | 41 | €14,323 | €43,867 | +€29,545 | +206% |
| Cash at bank and in hand | 54/58 | €46,179 | €36,244 | -€9,935 | -21.5% |
| Deferred charges and accrued income | 490/1 | €1,220 | €490 | -€730 | -59.8% |
| Total equity and liabilities | 10/49 | €63,476 | €82,327 | +€18,851 | +29.7% |
| Equity | 10/15 | €53,793 | €67,519 | +€13,726 | +25.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €29,094 | €52,793 | +€23,699 | +81.5% |
| Distributable reserves | 133 | €29,094 | €52,793 | +€23,699 | +81.5% |
| Profit (loss) carried forward | 14 | €23,699 | €13,726 | -€9,972 | -42.1% |
| Amounts payable | 17/49 | €9,683 | €14,807 | +€5,125 | +52.9% |
| Amounts payable within one year | 42/48 | €9,683 | €14,807 | +€5,125 | +52.9% |
| Trade debts | 44 | €3,108 | €147 | -€2,961 | -95.3% |
| Suppliers | 440/4 | €3,108 | €147 | -€2,961 | -95.3% |
| Taxes, remuneration and social security | 45 | €6,575 | €11,060 | +€4,486 | +68.2% |
| Taxes | 450/3 | €6,575 | €11,060 | +€4,486 | +68.2% |
| Other amounts payable | 47/48 | - | €3,600 | +€3,600 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €258 | €435 | +€177 | +68.5% |
| Other operating charges | 640/8 | €778 | €792 | +€14 | +1.9% |
| Gross operating margin | 9900 | €30,448 | €19,664 | -€10,784 | -35.4% |
| Operating profit (loss) | 9901 | €29,413 | €18,438 | -€10,975 | -37.3% |
| Financial income | 75/76B | €1,041 | - | -€1,041 | |
| Recurring financial income | 75 | €1,041 | - | -€1,041 | |
| Financial charges | 65/66B | €181 | €226 | +€45 | +25.0% |
| Recurring financial charges | 65 | €181 | €226 | +€45 | +25.0% |
| Profit (loss) for the period before taxes | 9903 | €30,273 | €18,212 | -€12,061 | -39.8% |
| Income taxes | 67/77 | €6,575 | €4,486 | -€2,089 | -31.8% |
| Profit (loss) for the period | 9904 | €23,699 | €13,726 | -€9,972 | -42.1% |
| Profit (loss) for the period to be appropriated | 9905 | €23,699 | €13,726 | -€9,972 | -42.1% |
Next steps
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 4 November 2026 via checked.be.