VEALS AND GEEKS: 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.
VEALS AND GEEKS
Largest movements
- Receivables within one year -€9,978
down €9,978 (-6.2%), from €159,655 to €149,677
- Profit (loss) carried forward -€33,710
down €33,710, from €1,810 to -€31,900
- Tax, wage and social debts +€25,443
new in 2025: €25,443
- Debts after one year -€7,441
no longer reported in 2025 (was €7,441)
- Other debts +€3,188
up €3,188 (+2.4%), from €135,060 to €138,247
- Trade debts +€2,203
up €2,203 (+395%), from €558 to €2,760
- Taxes +€30,031
new in 2025: €30,031
- Other operating charges +€2,114
up €2,114 (+546%), from €387 to €2,502
- Gross operating margin -€1,013
down €1,013, from €0 to -€1,013
- Financial charges -€171
down €171 (-46.9%), from €365 to €194
- Financial income +€29
new in 2025: €29
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 | €163,590 | €153,272 | -€10,318 | -6.3% |
| Fixed assets | 21/28 | €3,449 | €3,479 | +€29 | +0.8% |
| Financial fixed assets | 28 | €3,449 | €3,479 | +€29 | +0.8% |
| Current assets | 29/58 | €160,141 | €149,794 | -€10,347 | -6.5% |
| Amounts receivable within one year | 40/41 | €159,655 | €149,677 | -€9,978 | -6.2% |
| Other amounts receivable | 41 | €159,655 | €149,677 | -€9,978 | -6.2% |
| Cash at bank and in hand | 54/58 | €486 | €117 | -€369 | -76.0% |
| Total equity and liabilities | 10/49 | €163,590 | €153,272 | -€10,318 | -6.3% |
| Equity | 10/15 | €20,532 | -€13,179 | -€33,710 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €122 | €122 | = | 0.0% |
| Non-distributable reserves | 130/1 | €122 | €122 | = | 0.0% |
| Reserves not available under the articles | 1311 | €122 | €122 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,810 | -€31,900 | -€33,710 | |
| Amounts payable | 17/49 | €143,059 | €166,451 | +€23,392 | +16.4% |
| Amounts payable after more than one year | 17 | €7,441 | - | -€7,441 | |
| Financial debts | 170/4 | €7,441 | - | -€7,441 | |
| Amounts payable within one year | 42/48 | €135,618 | €166,451 | +€30,833 | +22.7% |
| Trade debts | 44 | €558 | €2,760 | +€2,203 | +395% |
| Suppliers | 440/4 | €558 | €2,760 | +€2,203 | +395% |
| Taxes, remuneration and social security | 45 | - | €25,443 | +€25,443 | |
| Remuneration and social security | 454/9 | - | €25,443 | +€25,443 | |
| Other amounts payable | 47/48 | €135,060 | €138,247 | +€3,188 | +2.4% |
| Other operating charges | 640/8 | €387 | €2,502 | +€2,114 | +546% |
| Gross operating margin | 9900 | €0 | -€1,013 | -€1,013 | |
| Operating profit (loss) | 9901 | -€387 | -€3,515 | -€3,127 | -807% |
| Financial income | 75/76B | - | €29 | +€29 | |
| Recurring financial income | 75 | - | €29 | +€29 | |
| Financial charges | 65/66B | €365 | €194 | -€171 | -46.9% |
| Recurring financial charges | 65 | €365 | €194 | -€171 | -46.9% |
| Profit (loss) for the period before taxes | 9903 | -€752 | -€3,679 | -€2,927 | -389% |
| Income taxes | 67/77 | - | €30,031 | +€30,031 | |
| Profit (loss) for the period | 9904 | -€752 | -€33,710 | -€32,958 | -4,384% |
| Profit (loss) for the period to be appropriated | 9905 | -€752 | -€33,710 | -€32,958 | -4,384% |
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 29 October 2026 via checked.be.