Tegelwerken Geert: what changed
Tegelwerken Geert
Largest movements
- Receivables within one year +€15,747
up €15,747 (+27.1%), from €58,138 to €73,885
of which Other amounts receivable: +€9,435
- Tangible fixed assets -€8,943
down €8,943 (-43.7%), from €20,466 to €11,523
of which Furniture and vehicles: -€9,342
- Cash +€1,087
up €1,087 (+6.6%), from €16,451 to €17,537
mainly Net result for the year (+€18,474) and Other debts (+€18,474)
- Other debts +€18,474
new in 2025: €18,474
- Trade debts -€15,652
down €15,652 (-82.4%), from €19,007 to €3,354
- Advances received +€14,485
up €14,485 (+683%), from €2,120 to €16,605
- Debts after one year -€9,889
down €9,889 (-92.8%), from €10,659 to €771
- Gross operating margin -€15,715
down €15,715 (-32.4%), from €48,446 to €32,731
- Taxes -€7,229
down €7,229 (-57.3%), from €12,612 to €5,383
- Financial income -€2,368
down €2,368 (-49.4%), from €4,795 to €2,428
- Financial charges -€865
down €865 (-63.3%), from €1,366 to €501
- Depreciation -€659
down €659 (-6.2%), from €10,639 to €9,979
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 | €96,404 | €103,945 | +€7,540 | +7.8% |
| Fixed assets | 21/28 | €20,466 | €11,523 | -€8,943 | -43.7% |
| Tangible fixed assets | 22/27 | €20,466 | €11,523 | -€8,943 | -43.7% |
| Plant, machinery and equipment | 23 | €882 | €1,281 | +€399 | +45.2% |
| Furniture and vehicles | 24 | €19,584 | €10,242 | -€9,342 | -47.7% |
| Current assets | 29/58 | €75,938 | €92,422 | +€16,484 | +21.7% |
| Stocks and contracts in progress | 3 | €1,000 | €1,000 | = | 0.0% |
| Stocks | 30/36 | €1,000 | €1,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €58,138 | €73,885 | +€15,747 | +27.1% |
| Trade receivables | 40 | €10,285 | €16,597 | +€6,312 | +61.4% |
| Other amounts receivable | 41 | €47,853 | €57,288 | +€9,435 | +19.7% |
| Cash at bank and in hand | 54/58 | €16,451 | €17,537 | +€1,087 | +6.6% |
| Deferred charges and accrued income | 490/1 | €350 | - | -€350 | |
| Total equity and liabilities | 10/49 | €96,404 | €103,945 | +€7,540 | +7.8% |
| Equity | 10/15 | €37,266 | €37,266 | = | 0.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €34,766 | €34,766 | = | 0.0% |
| Distributable reserves | 133 | €34,766 | €34,766 | = | 0.0% |
| Amounts payable | 17/49 | €59,138 | €66,679 | +€7,540 | +12.8% |
| Amounts payable after more than one year | 17 | €10,659 | €771 | -€9,889 | -92.8% |
| Financial debts | 170/4 | €10,659 | €771 | -€9,889 | -92.8% |
| Amounts payable within one year | 42/48 | €48,479 | €65,908 | +€17,429 | +36.0% |
| Current portion of amounts payable after more than one year | 42 | €8,940 | €9,889 | +€948 | +10.6% |
| Trade debts | 44 | €19,007 | €3,354 | -€15,652 | -82.4% |
| Suppliers | 440/4 | €19,007 | €3,354 | -€15,652 | -82.4% |
| Advances received on contracts in progress | 46 | €2,120 | €16,605 | +€14,485 | +683% |
| Taxes, remuneration and social security | 45 | €18,412 | €17,586 | -€826 | -4.5% |
| Taxes | 450/3 | €18,412 | €17,586 | -€826 | -4.5% |
| Other amounts payable | 47/48 | - | €18,474 | +€18,474 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,639 | €9,979 | -€659 | -6.2% |
| Other operating charges | 640/8 | €188 | €321 | +€133 | +70.9% |
| Non-recurring operating charges | 66A | €246 | €500 | +€254 | +103% |
| Gross operating margin | 9900 | €48,446 | €32,731 | -€15,715 | -32.4% |
| Operating profit (loss) | 9901 | €37,373 | €21,930 | -€15,443 | -41.3% |
| Financial income | 75/76B | €4,795 | €2,428 | -€2,368 | -49.4% |
| Recurring financial income | 75 | €4,795 | €2,428 | -€2,368 | -49.4% |
| Financial charges | 65/66B | €1,366 | €501 | -€865 | -63.3% |
| Recurring financial charges | 65 | €1,366 | €501 | -€865 | -63.3% |
| Profit (loss) for the period before taxes | 9903 | €40,802 | €23,857 | -€16,946 | -41.5% |
| Income taxes | 67/77 | €12,612 | €5,383 | -€7,229 | -57.3% |
| Profit (loss) for the period | 9904 | €28,190 | €18,474 | -€9,716 | -34.5% |
| Profit (loss) for the period to be appropriated | 9905 | €28,190 | €18,474 | -€9,716 | -34.5% |
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 7 November 2026 via checked.be.