't Geels Centrum: 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.
What changed
't Geels Centrum
NACE 47.761, Retail sale of flowers, plants, seeds and fertilisers
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€69,247
2024 · €66,357+€2,890
Equity
€2.9m
2024 · €1.1m+€1.8m
Cash
€59,613
2024 · €30,669+€28,944
Balance sheet total
€3.4m
2024 · €1.6m+€1.8m
Largest movements
Assets
- Tangible fixed assets +€1.7m
up €1.7m (+122%), from €1.4m to €3.2m
of which Land and buildings: +€1.7m
Equity and liabilities
- Revaluation surpluses +€1.8m
up €1.8m (+731%), from €248,729 to €2.1m
- Debts after one year -€41,510
down €41,510 (-9.8%), from €422,482 to €380,972
Income statement
- Gross operating margin +€16,446
up €16,446 (+6.3%), from €262,088 to €278,534
- Financial charges +€8,572
up €8,572 (+97.8%), from €8,764 to €17,336
- Depreciation +€4,090
up €4,090 (+3.1%), from €133,112 to €137,202
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.
Result 2024
€66,357
Gross operating margin
+€16,446
Depreciation
-€4,090
Other operating charges
-€1,026
Financial income
+€865
Financial charges
-€8,572
Taxes
-€732
Result 2025
€69,247
raises the resultlowers the result
Derived cash bridge
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.
From operations
+€179,299
Investment
-€1.9m
Financing
+€1.7m
Cash 2024
€30,669
From operations (derived)
+€179,299
Net result for the year
+€69,247
Depreciation
+€137,202
Receivables after one year
-€8,050
Receivables within one year
-€21,452
Smaller working-capital items
-€1,192
Trade debts
-€6,090
Tax, wage and social debts
+€9,633
Investment (derived)
-€1.9m
Investment in fixed assets (net)
-€1.9m
Financing
+€1.7m
Debts after one year
-€41,510
Current portion of long-term debt
+€5
Contributions, distributions and other
+€1.8m
Cash 2025
€59,613
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,591,902 | €3,390,837 | +€1.8m | +113% |
| Fixed assets | 21/28 | €1,425,394 | €3,163,235 | +€1.7m | +122% |
| Tangible fixed assets | 22/27 | €1,425,196 | €3,163,037 | +€1.7m | +122% |
| Land and buildings | 22 | €1,416,469 | €3,157,318 | +€1.7m | +123% |
| Plant, machinery and equipment | 23 | €1,582 | €802 | -€780 | -49.3% |
| Furniture and vehicles | 24 | €7,144 | €4,917 | -€2,227 | -31.2% |
| Financial fixed assets | 28 | €198 | €198 | = | 0.0% |
| Current assets | 29/58 | €166,509 | €227,602 | +€61,094 | +36.7% |
| Amounts receivable after more than one year | 29 | €99,304 | €107,354 | +€8,050 | +8.1% |
| Other amounts receivable | 291 | €99,304 | €107,354 | +€8,050 | +8.1% |
| Amounts receivable within one year | 40/41 | €30,091 | €51,543 | +€21,452 | +71.3% |
| Trade receivables | 40 | - | €527 | +€527 | |
| Other amounts receivable | 41 | €30,091 | €51,015 | +€20,924 | +69.5% |
| Cash at bank and in hand | 54/58 | €30,669 | €59,613 | +€28,944 | +94.4% |
| Deferred charges and accrued income | 490/1 | €6,445 | €9,093 | +€2,648 | +41.1% |
| Total equity and liabilities | 10/49 | €1,591,902 | €3,390,837 | +€1.8m | +113% |
| Equity | 10/15 | €1,105,409 | €2,940,850 | +€1.8m | +166% |
| Contributions | 10/11 | €437,258 | €437,258 | = | 0.0% |
| Revaluation surpluses | 12 | €248,729 | €2,065,832 | +€1.8m | +731% |
| Reserves | 13 | €419,423 | €437,760 | +€18,337 | +4.4% |
| Distributable reserves | 133 | €419,423 | €437,760 | +€18,337 | +4.4% |
| Amounts payable | 17/49 | €486,493 | €449,988 | -€36,506 | -7.5% |
| Amounts payable after more than one year | 17 | €422,482 | €380,972 | -€41,510 | -9.8% |
| Financial debts | 170/4 | €422,482 | €380,972 | -€41,510 | -9.8% |
| Amounts payable within one year | 42/48 | €64,011 | €67,560 | +€3,548 | +5.5% |
| Current portion of amounts payable after more than one year | 42 | €49,918 | €49,924 | +€5 | 0.0% |
| Trade debts | 44 | €6,558 | €468 | -€6,090 | -92.9% |
| Suppliers | 440/4 | €6,558 | €468 | -€6,090 | -92.9% |
| Taxes, remuneration and social security | 45 | €7,535 | €17,167 | +€9,633 | +128% |
| Taxes | 450/3 | €7,535 | €17,167 | +€9,633 | +128% |
| Accrued charges and deferred income | 492/3 | - | €1,456 | +€1,456 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €133,112 | €137,202 | +€4,090 | +3.1% |
| Other operating charges | 640/8 | €25,104 | €26,130 | +€1,026 | +4.1% |
| Gross operating margin | 9900 | €262,088 | €278,534 | +€16,446 | +6.3% |
| Operating profit (loss) | 9901 | €103,873 | €115,202 | +€11,330 | +10.9% |
| Financial income | 75/76B | €3,281 | €4,145 | +€865 | +26.4% |
| Recurring financial income | 75 | €3,281 | €4,145 | +€865 | +26.4% |
| Financial charges | 65/66B | €8,764 | €17,336 | +€8,572 | +97.8% |
| Recurring financial charges | 65 | €8,764 | €17,336 | +€8,572 | +97.8% |
| Profit (loss) for the period before taxes | 9903 | €98,389 | €102,012 | +€3,623 | +3.7% |
| Income taxes | 67/77 | €32,032 | €32,764 | +€732 | +2.3% |
| Profit (loss) for the period | 9904 | €66,357 | €69,247 | +€2,890 | +4.4% |
| Profit (loss) for the period to be appropriated | 9905 | €66,357 | €69,247 | +€2,890 | +4.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.