Johan Geysen: what changed
Johan Geysen
Largest movements
- Cash -€3,759
down €3,759 (-4.7%), from €79,817 to €76,058
mainly Contributions, distributions and other (-€15,572) and Receivables within one year (-€1,490)
- Receivables within one year +€1,490
up €1,490 (+132%), from €1,128 to €2,619
of which Trade receivables: +€859
- Reserves -€8,162
down €8,162 (-14.6%), from €55,849 to €47,687
of which Tax-exempt reserves: -€9,290
- Other debts +€3,474
up €3,474 (+74.9%), from €4,639 to €8,112
- Tax, wage and social debts +€2,493
up €2,493 (+149%), from €1,668 to €4,161
- Gross operating margin -€6,946
down €6,946 (-28.7%), from €24,181 to €17,235
- Taxes +€4,151
up €4,151 (+80.7%), from €5,145 to €9,296
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 | €80,945 | €78,676 | -€2,269 | -2.8% |
| Current assets | 29/58 | €80,945 | €78,676 | -€2,269 | -2.8% |
| Amounts receivable within one year | 40/41 | €1,128 | €2,619 | +€1,490 | +132% |
| Trade receivables | 40 | €795 | €1,654 | +€859 | +108% |
| Other amounts receivable | 41 | €333 | €964 | +€631 | +190% |
| Cash at bank and in hand | 54/58 | €79,817 | €76,058 | -€3,759 | -4.7% |
| Total equity and liabilities | 10/49 | €80,945 | €78,676 | -€2,269 | -2.8% |
| Equity | 10/15 | €74,449 | €66,287 | -€8,162 | -11.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €55,849 | €47,687 | -€8,162 | -14.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €9,290 | - | -€9,290 | |
| Distributable reserves | 133 | €44,699 | €45,827 | +€1,128 | +2.5% |
| Amounts payable | 17/49 | €6,496 | €12,390 | +€5,893 | +90.7% |
| Amounts payable within one year | 42/48 | €6,496 | €12,390 | +€5,893 | +90.7% |
| Trade debts | 44 | €190 | €117 | -€73 | -38.6% |
| Suppliers | 440/4 | €190 | €117 | -€73 | -38.6% |
| Taxes, remuneration and social security | 45 | €1,668 | €4,161 | +€2,493 | +149% |
| Taxes | 450/3 | €1,668 | €4,161 | +€2,493 | +149% |
| Other amounts payable | 47/48 | €4,639 | €8,112 | +€3,474 | +74.9% |
| Other operating charges | 640/8 | €505 | €689 | +€184 | +36.4% |
| Gross operating margin | 9900 | €24,181 | €17,235 | -€6,946 | -28.7% |
| Operating profit (loss) | 9901 | €23,675 | €16,546 | -€7,129 | -30.1% |
| Financial income | 75/76B | €241 | €329 | +€88 | +36.6% |
| Recurring financial income | 75 | €241 | €329 | +€88 | +36.6% |
| Financial charges | 65/66B | €171 | €169 | -€2 | -0.9% |
| Recurring financial charges | 65 | €171 | €169 | -€2 | -0.9% |
| Profit (loss) for the period before taxes | 9903 | €23,745 | €16,706 | -€7,040 | -29.6% |
| Income taxes | 67/77 | €5,145 | €9,296 | +€4,151 | +80.7% |
| Profit (loss) for the period | 9904 | €18,600 | €7,410 | -€11,190 | -60.2% |
| Transfer from tax-exempt reserves | 789 | - | €9,290 | +€9,290 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,600 | €16,700 | -€1,900 | -10.2% |
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 1 November 2026 via checked.be.