'T GELEEG: 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.
'T GELEEG
Largest movements
- Receivables within one year +€55,173
up €55,173 (+151%), from €36,440 to €91,613
of which Other amounts receivable: +€50,673
- Cash -€37,829
down €37,829 (-94.4%), from €40,071 to €2,242
mainly Receivables within one year (-€55,173)
- Tangible fixed assets -€7,741
down €7,741 (-5.0%), from €155,737 to €147,996
of which Plant, machinery and equipment: -€4,741
- Profit (loss) carried forward +€7,941
up €7,941 (+9.7%), from -€81,678 to -€73,737
- Gross operating margin +€18,622
up €18,622, from -€6,372 to €12,250
- Depreciation -€1,716
down €1,716 (-27.7%), from €6,190 to €4,473
- Financial income +€740
up €740 (+909%), from €81 to €821
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €232,249 | €241,852 | +€9,603 | +4.1% |
| Fixed assets | 21/28 | €155,737 | €147,996 | -€7,741 | -5.0% |
| Tangible fixed assets | 22/27 | €155,737 | €147,996 | -€7,741 | -5.0% |
| Land and buildings | 22 | €141,259 | €141,259 | = | 0.0% |
| Plant, machinery and equipment | 23 | €8,486 | €3,745 | -€4,741 | -55.9% |
| Furniture and vehicles | 24 | €5,992 | €2,992 | -€3,000 | -50.1% |
| Current assets | 29/58 | €76,511 | €93,856 | +€17,344 | +22.7% |
| Amounts receivable within one year | 40/41 | €36,440 | €91,613 | +€55,173 | +151% |
| Trade receivables | 40 | - | €4,500 | +€4,500 | |
| Other amounts receivable | 41 | €36,440 | €87,113 | +€50,673 | +139% |
| Cash at bank and in hand | 54/58 | €40,071 | €2,242 | -€37,829 | -94.4% |
| Total equity and liabilities | 10/49 | €232,249 | €241,852 | +€9,603 | +4.1% |
| Equity | 10/15 | €229,477 | €237,418 | +€7,941 | +3.5% |
| Contributions | 10/11 | €262,642 | €262,642 | = | 0.0% |
| Reserves | 13 | €48,513 | €48,513 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,002 | €3,002 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,002 | €3,002 | = | 0.0% |
| Distributable reserves | 133 | €45,512 | €45,512 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€81,678 | -€73,737 | +€7,941 | +9.7% |
| Amounts payable | 17/49 | €2,771 | €4,434 | +€1,662 | +60.0% |
| Amounts payable within one year | 42/48 | €2,771 | €4,434 | +€1,662 | +60.0% |
| Trade debts | 44 | €2,771 | €4,434 | +€1,662 | +60.0% |
| Suppliers | 440/4 | €2,771 | €4,434 | +€1,662 | +60.0% |
| Non-recurring operating income | 76A | - | €5,809 | +€5,809 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,190 | €4,473 | -€1,716 | -27.7% |
| Other operating charges | 640/8 | €505 | €524 | +€18 | +3.6% |
| Gross operating margin | 9900 | -€6,372 | €12,250 | +€18,622 | |
| Operating profit (loss) | 9901 | -€13,067 | €7,253 | +€20,319 | |
| Financial income | 75/76B | €81 | €821 | +€740 | +909% |
| Recurring financial income | 75 | €81 | €821 | +€740 | +909% |
| Financial charges | 65/66B | €61 | €89 | +€28 | +45.1% |
| Recurring financial charges | 65 | €61 | €89 | +€28 | +45.1% |
| Profit (loss) for the period before taxes | 9903 | -€13,046 | €7,985 | +€21,032 | |
| Income taxes | 67/77 | €24 | €44 | +€20 | +82.1% |
| Profit (loss) for the period | 9904 | -€13,071 | €7,941 | +€21,012 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,071 | €7,941 | +€21,012 |
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 27 October 2026 via checked.be.