Geerts: what changed
Two fiscal 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.
Geerts
Largest movements
- Receivables within one year -€73,401
down €73,401 (-96.1%), from €76,354 to €2,953
of which Other amounts receivable: -€73,401
- Cash +€51,612
up €51,612 (+54.7%), from €94,399 to €146,012
mainly Receivables within one year (+€73,401) and Net result for the year (+€19,614)
- Other debts -€21,512
down €21,512 (-52.3%), from €41,121 to €19,609
- Gross operating margin -€28,130
down €28,130 (-49.0%), from €57,373 to €29,242
- Taxes -€7,051
down €7,051 (-51.2%), from €13,783 to €6,731
- Other operating charges +€1,325
up €1,325 (+72.0%), from €1,839 to €3,163
- Financial charges -€577
down €577 (-91.6%), from €630 to €53
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 | €395,332 | €373,543 | -€21,789 | -5.5% |
| Fixed assets | 21/28 | €224,579 | €224,579 | = | 0.0% |
| Tangible fixed assets | 22/27 | €224,579 | €224,579 | = | 0.0% |
| Land and buildings | 22 | €224,579 | €224,579 | = | 0.0% |
| Current assets | 29/58 | €170,754 | €148,965 | -€21,789 | -12.8% |
| Amounts receivable within one year | 40/41 | €76,354 | €2,953 | -€73,401 | -96.1% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €76,354 | €2,953 | -€73,401 | -96.1% |
| Cash at bank and in hand | 54/58 | €94,399 | €146,012 | +€51,612 | +54.7% |
| Total equity and liabilities | 10/49 | €395,332 | €373,543 | -€21,789 | -5.5% |
| Equity | 10/15 | €345,801 | €345,801 | = | 0.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €327,251 | €327,251 | = | 0.0% |
| Non-distributable reserves | 130/1 | €11,821 | €11,821 | = | 0.0% |
| Reserves not available under the articles | 1311 | €11,821 | €11,821 | = | 0.0% |
| Tax-exempt reserves | 132 | €41,778 | €41,778 | = | 0.0% |
| Distributable reserves | 133 | €273,652 | €273,652 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €49,532 | €27,743 | -€21,789 | -44.0% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €47,883 | €26,042 | -€21,841 | -45.6% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €5,660 | €4,054 | -€1,605 | -28.4% |
| Suppliers | 440/4 | €5,660 | €4,054 | -€1,605 | -28.4% |
| Taxes, remuneration and social security | 45 | €1,102 | €2,379 | +€1,277 | +115.8% |
| Taxes | 450/3 | €1,102 | €2,379 | +€1,277 | +115.8% |
| Other amounts payable | 47/48 | €41,121 | €19,609 | -€21,512 | -52.3% |
| Accrued charges and deferred income | 492/3 | €1,649 | €1,700 | +€52 | +3.1% |
| Non-recurring operating income | 76A | €27,000 | €0 | -€27,000 | -100.0% |
| Other operating charges | 640/8 | €1,839 | €3,163 | +€1,325 | +72.0% |
| Gross operating margin | 9900 | €57,373 | €29,242 | -€28,130 | -49.0% |
| Operating profit (loss) | 9901 | €55,534 | €26,079 | -€29,455 | -53.0% |
| Financial income | 75/76B | €0 | €319 | +€319 | |
| Recurring financial income | 75 | €0 | €319 | +€319 | |
| Financial charges | 65/66B | €630 | €53 | -€577 | -91.6% |
| Recurring financial charges | 65 | €630 | €53 | -€577 | -91.6% |
| Profit (loss) for the period before taxes | 9903 | €54,904 | €26,345 | -€28,559 | -52.0% |
| Income taxes | 67/77 | €13,783 | €6,731 | -€7,051 | -51.2% |
| Profit (loss) for the period | 9904 | €41,121 | €19,614 | -€21,508 | -52.3% |
| Profit (loss) for the period to be appropriated | 9905 | €41,121 | €19,614 | -€21,508 | -52.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.