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.
GEESON
Largest movements
- Current investments +€450,000
new in 2024: €450,000
- Cash -€376,552
down €376,552 (-77.4%), from €486,401 to €109,850
mainly Current investments (-€450,000) and Contributions, distributions and other (-€450,000)
- Receivables within one year -€69,236
down €69,236 (-53.1%), from €130,402 to €61,166
of which Other amounts receivable: -€108,507
- Short-term financial debts +€71,461
new in 2024: €71,461
- Other debts -€50,188
down €50,188 (-10.0%), from €499,688 to €449,500
- Trade debts -€43,997
down €43,997 (-78.2%), from €56,277 to €12,280
- Reserves +€23,827
up €23,827 (+27.8%), from €85,727 to €109,554
- Staff costs -€12,082
down €12,082 (-3.4%), from €352,491 to €340,409
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €723,628 | €726,122 | +€2,494 | +0.3% |
| Fixed assets | 21/28 | €81,720 | €79,261 | -€2,459 | -3.0% |
| Intangible fixed assets | 21 | €25,000 | €20,000 | -€5,000 | -20.0% |
| Tangible fixed assets | 22/27 | €55,650 | €58,191 | +€2,541 | +4.6% |
| Plant, machinery and equipment | 23 | €23,984 | €28,363 | +€4,379 | +18.3% |
| Furniture and vehicles | 24 | €4,836 | €9,539 | +€4,703 | +97.3% |
| Other tangible fixed assets | 26 | €26,830 | €20,289 | -€6,541 | -24.4% |
| Financial fixed assets | 28 | €1,070 | €1,070 | = | 0.0% |
| Current assets | 29/58 | €641,909 | €646,861 | +€4,952 | +0.8% |
| Stocks and contracts in progress | 3 | €12,510 | €14,547 | +€2,037 | +16.3% |
| Stocks | 30/36 | €12,510 | €14,547 | +€2,037 | +16.3% |
| Amounts receivable within one year | 40/41 | €130,402 | €61,166 | -€69,236 | -53.1% |
| Trade receivables | 40 | €13,190 | €52,461 | +€39,271 | +297.7% |
| Other amounts receivable | 41 | €117,212 | €8,705 | -€108,507 | -92.6% |
| Current investments | 50/53 | - | €450,000 | +€450,000 | |
| Cash at bank and in hand | 54/58 | €486,401 | €109,850 | -€376,552 | -77.4% |
| Deferred charges and accrued income | 490/1 | €12,595 | €11,298 | -€1,297 | -10.3% |
| Total equity and liabilities | 10/49 | €723,628 | €726,122 | +€2,494 | +0.3% |
| Equity | 10/15 | €104,327 | €128,154 | +€23,827 | +22.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €85,727 | €109,554 | +€23,827 | +27.8% |
| Distributable reserves | 133 | €85,727 | €109,554 | +€23,827 | +27.8% |
| Amounts payable | 17/49 | €619,301 | €597,968 | -€21,333 | -3.4% |
| Amounts payable within one year | 42/48 | €619,301 | €597,968 | -€21,333 | -3.4% |
| Financial debts | 43 | - | €71,461 | +€71,461 | |
| Credit institutions | 430/8 | - | €71,461 | +€71,461 | |
| Trade debts | 44 | €56,277 | €12,280 | -€43,997 | -78.2% |
| Suppliers | 440/4 | €56,277 | €12,280 | -€43,997 | -78.2% |
| Advances received on contracts in progress | 46 | €16,017 | €20,839 | +€4,822 | +30.1% |
| Taxes, remuneration and social security | 45 | €47,319 | €43,888 | -€3,432 | -7.3% |
| Taxes | 450/3 | €7,882 | €13,667 | +€5,785 | +73.4% |
| Remuneration and social security | 454/9 | €39,437 | €30,221 | -€9,217 | -23.4% |
| Other amounts payable | 47/48 | €499,688 | €449,500 | -€50,188 | -10.0% |
| Remuneration, social security and pensions | 62 | €352,491 | €340,409 | -€12,082 | -3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,999 | €24,030 | +€8,031 | +50.2% |
| Other operating charges | 640/8 | €1,322 | €1,419 | +€97 | +7.4% |
| Gross operating margin | 9900 | €911,944 | €916,397 | +€4,452 | +0.5% |
| Operating profit (loss) | 9901 | €542,132 | €550,538 | +€8,406 | +1.6% |
| Financial income | 75/76B | €3,808 | €8,938 | +€5,131 | +134.7% |
| Recurring financial income | 75 | €2,119 | €6,823 | +€4,704 | +222.0% |
| Non-recurring financial income | 76B | €1,688 | €2,115 | +€427 | +25.3% |
| Financial charges | 65/66B | €4,591 | €5,277 | +€686 | +14.9% |
| Recurring financial charges | 65 | €4,548 | €5,261 | +€713 | +15.7% |
| Non-recurring financial charges | 66B | €43 | €16 | -€27 | -62.5% |
| Profit (loss) for the period before taxes | 9903 | €541,349 | €554,199 | +€12,851 | +2.4% |
| Income taxes | 67/77 | €74,044 | €80,372 | +€6,328 | +8.5% |
| Profit (loss) for the period | 9904 | €467,305 | €473,827 | +€6,522 | +1.4% |
| Profit (loss) for the period to be appropriated | 9905 | €467,305 | €473,827 | +€6,522 | +1.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 September 2026 via checked.be.