VAN GEYTE BERT: 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 GEYTE BERT
Largest movements
- Receivables within one year -€18,867
down €18,867 (-54.5%), from €34,625 to €15,758
of which Trade receivables: -€23,639
- Tangible fixed assets -€17,105
down €17,105 (-25.6%), from €66,806 to €49,701
of which Furniture and vehicles: -€18,047
- Debts after one year -€56,650
down €56,650 (-18.2%), from €310,516 to €253,866
- Reserves +€24,608
up €24,608 (+18.5%), from €133,299 to €157,907
- Tax, wage and social debts -€7,595
down €7,595 (-64.3%), from €11,803 to €4,208
- Gross operating margin +€10,613
up €10,613 (+20.5%), from €51,681 to €62,294
- Taxes +€3,071
up €3,071 (+32.3%), from €9,515 to €12,586
- Financial charges -€1,382
down €1,382 (-18.8%), from €7,355 to €5,973
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 | €571,003 | €529,939 | -€41,064 | -7.2% |
| Fixed assets | 21/28 | €516,806 | €499,701 | -€17,105 | -3.3% |
| Tangible fixed assets | 22/27 | €66,806 | €49,701 | -€17,105 | -25.6% |
| Plant, machinery and equipment | 23 | €0 | €942 | +€942 | |
| Furniture and vehicles | 24 | €66,806 | €48,759 | -€18,047 | -27.0% |
| Financial fixed assets | 28 | €450,000 | €450,000 | = | 0.0% |
| Current assets | 29/58 | €54,197 | €30,238 | -€23,959 | -44.2% |
| Amounts receivable within one year | 40/41 | €34,625 | €15,758 | -€18,867 | -54.5% |
| Trade receivables | 40 | €34,594 | €10,955 | -€23,639 | -68.3% |
| Other amounts receivable | 41 | €32 | €4,803 | +€4,772 | +15,149% |
| Cash at bank and in hand | 54/58 | €19,004 | €13,702 | -€5,302 | -27.9% |
| Deferred charges and accrued income | 490/1 | €567 | €778 | +€211 | +37.1% |
| Total equity and liabilities | 10/49 | €571,003 | €529,939 | -€41,064 | -7.2% |
| Equity | 10/15 | €184,524 | €209,132 | +€24,608 | +13.3% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €133,299 | €157,907 | +€24,608 | +18.5% |
| Distributable reserves | 133 | €133,299 | €157,907 | +€24,608 | +18.5% |
| Profit (loss) carried forward | 14 | €30,765 | €30,765 | = | 0.0% |
| Amounts payable | 17/49 | €386,480 | €320,807 | -€65,672 | -17.0% |
| Amounts payable after more than one year | 17 | €310,516 | €253,866 | -€56,650 | -18.2% |
| Financial debts | 170/4 | €310,516 | €253,866 | -€56,650 | -18.2% |
| Amounts payable within one year | 42/48 | €75,964 | €66,942 | -€9,022 | -11.9% |
| Current portion of amounts payable after more than one year | 42 | €56,030 | €56,650 | +€620 | +1.1% |
| Financial debts | 43 | €2,703 | €0 | -€2,703 | -100% |
| Credit institutions | 430/8 | €2,703 | €0 | -€2,703 | -100% |
| Trade debts | 44 | €1,796 | €2,451 | +€655 | +36.5% |
| Suppliers | 440/4 | €1,796 | €2,451 | +€655 | +36.5% |
| Taxes, remuneration and social security | 45 | €11,803 | €4,208 | -€7,595 | -64.3% |
| Taxes | 450/3 | €11,803 | €4,208 | -€7,595 | -64.3% |
| Other amounts payable | 47/48 | €3,632 | €3,632 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,378 | €18,148 | -€230 | -1.3% |
| Other operating charges | 640/8 | €1,012 | €978 | -€33 | -3.3% |
| Gross operating margin | 9900 | €51,681 | €62,294 | +€10,613 | +20.5% |
| Operating profit (loss) | 9901 | €32,291 | €43,168 | +€10,876 | +33.7% |
| Financial charges | 65/66B | €7,355 | €5,973 | -€1,382 | -18.8% |
| Recurring financial charges | 65 | €7,355 | €5,973 | -€1,382 | -18.8% |
| Profit (loss) for the period before taxes | 9903 | €24,936 | €37,194 | +€12,258 | +49.2% |
| Income taxes | 67/77 | €9,515 | €12,586 | +€3,071 | +32.3% |
| Profit (loss) for the period | 9904 | €15,421 | €24,608 | +€9,187 | +59.6% |
| Profit (loss) for the period to be appropriated | 9905 | €15,421 | €24,608 | +€9,187 | +59.6% |
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 23 October 2026 via checked.be.