Peter Geys: what changed
Two fiscal 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.
Peter Geys
Largest movements
- Tangible fixed assets -€14,153
down €14,153 (-29.4%), from €48,217 to €34,064
of which Furniture and vehicles: -€18,725
- Cash -€13,220
down €13,220 (-20.0%), from €66,019 to €52,798
mainly Contributions, distributions and other (-€200,000) and Investment in fixed assets (net) (-€5,364)
- Receivables within one year +€2,062
up €2,062 (+7.9%), from €26,208 to €28,270
of which Trade receivables: +€2,062
- Profit (loss) carried forward -€129,472
down €129,472 (-99.2%), from €130,464 to €992
- Other debts +€88,419
up €88,419 (+1908.9%), from €4,632 to €93,051
- Tax, wage and social debts +€15,000
up €15,000 (+1160.6%), from €1,292 to €16,292
- Gross operating margin +€22,398
up €22,398 (+26.7%), from €83,862 to €106,260
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.
Cash bridge derived
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 | €142,335 | €117,104 | -€25,231 | -17.7% |
| Fixed assets | 21/28 | €48,217 | €34,064 | -€14,153 | -29.4% |
| Tangible fixed assets | 22/27 | €48,217 | €34,064 | -€14,153 | -29.4% |
| Plant, machinery and equipment | 23 | €1,173 | €4,620 | +€3,447 | +293.8% |
| Furniture and vehicles | 24 | €47,043 | €28,318 | -€18,725 | -39.8% |
| Other tangible fixed assets | 26 | - | €1,125 | +€1,125 | |
| Current assets | 29/58 | €94,118 | €83,040 | -€11,078 | -11.8% |
| Amounts receivable within one year | 40/41 | €26,208 | €28,270 | +€2,062 | +7.9% |
| Trade receivables | 40 | €25,504 | €27,566 | +€2,062 | +8.1% |
| Other amounts receivable | 41 | €704 | €704 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €66,019 | €52,798 | -€13,220 | -20.0% |
| Deferred charges and accrued income | 490/1 | €1,891 | €1,971 | +€80 | +4.2% |
| Total equity and liabilities | 10/49 | €142,335 | €117,104 | -€25,231 | -17.7% |
| Equity | 10/15 | €132,464 | €2,992 | -€129,472 | -97.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €130,464 | €992 | -€129,472 | -99.2% |
| Amounts payable | 17/49 | €9,871 | €114,112 | +€104,241 | +1056.0% |
| Amounts payable within one year | 42/48 | €9,871 | €114,112 | +€104,241 | +1056.0% |
| Trade debts | 44 | €3,947 | €4,769 | +€822 | +20.8% |
| Suppliers | 440/4 | €3,947 | €4,769 | +€822 | +20.8% |
| Taxes, remuneration and social security | 45 | €1,292 | €16,292 | +€15,000 | +1160.6% |
| Taxes | 450/3 | €1,292 | €16,292 | +€15,000 | +1160.6% |
| Other amounts payable | 47/48 | €4,632 | €93,051 | +€88,419 | +1908.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,899 | €19,517 | +€618 | +3.3% |
| Other operating charges | 640/8 | €1,019 | €1,076 | +€56 | +5.5% |
| Gross operating margin | 9900 | €83,862 | €106,260 | +€22,398 | +26.7% |
| Operating profit (loss) | 9901 | €63,944 | €85,668 | +€21,724 | +34.0% |
| Financial income | 75/76B | €0 | €0 | -€0 | -66.7% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -66.7% |
| Financial charges | 65/66B | €113 | €140 | +€27 | +24.0% |
| Recurring financial charges | 65 | €113 | €140 | +€27 | +24.0% |
| Profit (loss) for the period before taxes | 9903 | €63,831 | €85,528 | +€21,697 | +34.0% |
| Income taxes | 67/77 | €14,296 | €15,000 | +€704 | +4.9% |
| Profit (loss) for the period | 9904 | €49,535 | €70,528 | +€20,993 | +42.4% |
| Profit (loss) for the period to be appropriated | 9905 | €49,535 | €70,528 | +€20,993 | +42.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.