VAN REET - GEYPEN: 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.
VAN REET - GEYPEN
Largest movements
- Stocks and contracts -€37,000
down €37,000 (-82.0%), from €45,106 to €8,106
- Tangible fixed assets -€2,650
down €2,650 (-47.4%), from €5,592 to €2,942
of which Furniture and vehicles: -€2,400
- Cash -€1,881
down €1,881 (-84.6%), from €2,224 to €343
mainly Trade debts (-€151,209) and Net result for the year (-€7,535)
- Receivables within one year -€1,451
down €1,451 (-27.0%), from €5,374 to €3,923
- Trade debts -€151,209
down €151,209 (-97.9%), from €154,420 to €3,212
- Other debts +€116,644
up €116,644 (+40.9%), from €285,316 to €401,960
- Profit (loss) carried forward -€7,535
down €7,535 (-1.9%), from -€403,332 to -€410,867
- Tax, wage and social debts -€882
down €882 (-56.6%), from €1,560 to €678
- Gross operating margin -€2,580
down €2,580 (-436.8%), from -€591 to -€3,171
- Other operating charges -€750
down €750 (-34.7%), from €2,164 to €1,414
- Financial income -€283
down €283 (-99.9%), from €283 to €0
of which Financial income: -€283
- Financial charges -€37
down €37 (-10.9%), from €337 to €300
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 | €58,296 | €15,315 | -€42,982 | -73.7% |
| Fixed assets | 21/28 | €5,592 | €2,942 | -€2,650 | -47.4% |
| Tangible fixed assets | 22/27 | €5,592 | €2,942 | -€2,650 | -47.4% |
| Land and buildings | 22 | €1,625 | €1,375 | -€250 | -15.4% |
| Furniture and vehicles | 24 | €3,967 | €1,567 | -€2,400 | -60.5% |
| Current assets | 29/58 | €52,704 | €12,373 | -€40,332 | -76.5% |
| Stocks and contracts in progress | 3 | €45,106 | €8,106 | -€37,000 | -82.0% |
| Stocks | 30/36 | €45,106 | €8,106 | -€37,000 | -82.0% |
| Amounts receivable within one year | 40/41 | €5,374 | €3,923 | -€1,451 | -27.0% |
| Trade receivables | 40 | €5,374 | €3,923 | -€1,451 | -27.0% |
| Cash at bank and in hand | 54/58 | €2,224 | €343 | -€1,881 | -84.6% |
| Total equity and liabilities | 10/49 | €58,296 | €15,315 | -€42,982 | -73.7% |
| Equity | 10/15 | -€383,000 | -€390,535 | -€7,535 | -2.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,740 | €1,740 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €997 | €997 | = | 0.0% |
| Distributable reserves | 133 | €744 | €744 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€403,332 | -€410,867 | -€7,535 | -1.9% |
| Amounts payable | 17/49 | €441,296 | €405,850 | -€35,447 | -8.0% |
| Amounts payable within one year | 42/48 | €441,296 | €405,850 | -€35,447 | -8.0% |
| Trade debts | 44 | €154,420 | €3,212 | -€151,209 | -97.9% |
| Suppliers | 440/4 | €154,420 | €3,212 | -€151,209 | -97.9% |
| Taxes, remuneration and social security | 45 | €1,560 | €678 | -€882 | -56.6% |
| Taxes | 450/3 | €1,560 | €678 | -€882 | -56.6% |
| Other amounts payable | 47/48 | €285,316 | €401,960 | +€116,644 | +40.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,650 | €2,650 | = | 0.0% |
| Other operating charges | 640/8 | €2,164 | €1,414 | -€750 | -34.7% |
| Gross operating margin | 9900 | -€591 | -€3,171 | -€2,580 | -436.8% |
| Operating profit (loss) | 9901 | -€5,405 | -€7,235 | -€1,830 | -33.9% |
| Financial income | 75/76B | €283 | €0 | -€283 | -99.9% |
| Recurring financial income | 75 | €283 | €0 | -€283 | -99.9% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €337 | €300 | -€37 | -10.9% |
| Recurring financial charges | 65 | €337 | €300 | -€37 | -10.9% |
| Profit (loss) for the period before taxes | 9903 | -€5,459 | -€7,535 | -€2,076 | -38.0% |
| Profit (loss) for the period | 9904 | -€5,459 | -€7,535 | -€2,076 | -38.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,459 | -€7,535 | -€2,076 | -38.0% |
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 12 October 2026 via checked.be.