Traiteur Geubbelmans: 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.
Traiteur Geubbelmans
Largest movements
- Tangible fixed assets +€24,546
up €24,546 (+89.9%), from €27,315 to €51,861
of which Land and buildings: +€25,385
- Deferred charges and accrued income -€3,702
down €3,702 (-77.5%), from €4,779 to €1,077
- Cash -€2,681
down €2,681 (-7.4%), from €36,407 to €33,726
mainly Investment in fixed assets (net) (-€36,090) and Net result for the year (-€14,601)
- Debts after one year +€24,208
new in 2025: €24,208
- Profit (loss) carried forward -€14,601
down €14,601 (-88.3%), from -€16,533 to -€31,133
- Current portion of long-term debt +€11,019
new in 2025: €11,019
- Tax, wage and social debts -€6,748
down €6,748 (-62.2%), from €10,854 to €4,105
of which Taxes: -€4,983
- Trade debts +€4,959
up €4,959 (+64.1%), from €7,739 to €12,699
- Staff costs -€14,695
down €14,695 (-31.8%), from €46,231 to €31,536
- Gross operating margin -€7,931
down €7,931 (-19.1%), from €41,523 to €33,592
- Depreciation +€3,483
up €3,483 (+43.2%), from €8,062 to €11,545
- Financial charges +€1,261
up €1,261 (+60.7%), from €2,077 to €3,337
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 | €95,896 | €114,677 | +€18,781 | +19.6% |
| Fixed assets | 21/28 | €27,545 | €52,090 | +€24,546 | +89.1% |
| Tangible fixed assets | 22/27 | €27,315 | €51,861 | +€24,546 | +89.9% |
| Land and buildings | 22 | €17,687 | €43,071 | +€25,385 | +144% |
| Plant, machinery and equipment | 23 | €7,060 | €2,872 | -€4,187 | -59.3% |
| Furniture and vehicles | 24 | €2,569 | €5,917 | +€3,348 | +130% |
| Financial fixed assets | 28 | €230 | €230 | = | 0.0% |
| Current assets | 29/58 | €68,352 | €62,587 | -€5,765 | -8.4% |
| Stocks and contracts in progress | 3 | €5,922 | €5,734 | -€189 | -3.2% |
| Stocks | 30/36 | €5,922 | €5,734 | -€189 | -3.2% |
| Amounts receivable within one year | 40/41 | €21,243 | €22,050 | +€807 | +3.8% |
| Trade receivables | 40 | €15,517 | €13,037 | -€2,480 | -16.0% |
| Other amounts receivable | 41 | €5,726 | €9,013 | +€3,287 | +57.4% |
| Cash at bank and in hand | 54/58 | €36,407 | €33,726 | -€2,681 | -7.4% |
| Deferred charges and accrued income | 490/1 | €4,779 | €1,077 | -€3,702 | -77.5% |
| Total equity and liabilities | 10/49 | €95,896 | €114,677 | +€18,781 | +19.6% |
| Equity | 10/15 | €76,403 | €61,803 | -€14,601 | -19.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €86,736 | €86,736 | = | 0.0% |
| Distributable reserves | 133 | €86,736 | €86,736 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,533 | -€31,133 | -€14,601 | -88.3% |
| Amounts payable | 17/49 | €19,493 | €52,874 | +€33,381 | +171% |
| Amounts payable after more than one year | 17 | - | €24,208 | +€24,208 | |
| Financial debts | 170/4 | - | €24,208 | +€24,208 | |
| Amounts payable within one year | 42/48 | €19,493 | €28,477 | +€8,984 | +46.1% |
| Current portion of amounts payable after more than one year | 42 | - | €11,019 | +€11,019 | |
| Trade debts | 44 | €7,739 | €12,699 | +€4,959 | +64.1% |
| Suppliers | 440/4 | €7,739 | €12,699 | +€4,959 | +64.1% |
| Taxes, remuneration and social security | 45 | €10,854 | €4,105 | -€6,748 | -62.2% |
| Taxes | 450/3 | €8,351 | €3,367 | -€4,983 | -59.7% |
| Remuneration and social security | 454/9 | €2,503 | €738 | -€1,765 | -70.5% |
| Other amounts payable | 47/48 | €900 | €654 | -€246 | -27.3% |
| Accrued charges and deferred income | 492/3 | - | €189 | +€189 | |
| Remuneration, social security and pensions | 62 | €46,231 | €31,536 | -€14,695 | -31.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,062 | €11,545 | +€3,483 | +43.2% |
| Other operating charges | 640/8 | €1,381 | €1,660 | +€279 | +20.2% |
| Gross operating margin | 9900 | €41,523 | €33,592 | -€7,931 | -19.1% |
| Operating profit (loss) | 9901 | -€14,151 | -€11,148 | +€3,003 | +21.2% |
| Financial income | 75/76B | €4 | €206 | +€202 | +5,121% |
| Recurring financial income | 75 | €4 | €206 | +€202 | +5,121% |
| Financial charges | 65/66B | €2,077 | €3,337 | +€1,261 | +60.7% |
| Recurring financial charges | 65 | €2,077 | €3,337 | +€1,261 | +60.7% |
| Profit (loss) for the period before taxes | 9903 | -€16,224 | -€14,279 | +€1,944 | +12.0% |
| Income taxes | 67/77 | €309 | €321 | +€12 | +3.9% |
| Profit (loss) for the period | 9904 | -€16,533 | -€14,601 | +€1,932 | +11.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,533 | -€14,601 | +€1,932 | +11.7% |
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 25 October 2026 via checked.be.