BUREAU GEOLEC: 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.
BUREAU GEOLEC
Largest movements
- Tangible fixed assets +€13,006
up €13,006 (+1,342%), from €969 to €13,975
of which Furniture and vehicles: +€11,050
- Cash +€4,466
up €4,466 (+6.2%), from €71,969 to €76,435
mainly Net result for the year (+€10,821) and Tax, wage and social debts (+€5,167)
- Receivables within one year -€2,572
down €2,572 (-58.5%), from €4,395 to €1,823
of which Other amounts receivable: -€2,707
- Deferred charges and accrued income +€1,589
up €1,589 (+199%), from €798 to €2,387
- Profit (loss) carried forward +€10,821
up €10,821 (+26.9%), from €40,197 to €51,018
- Tax, wage and social debts +€5,167
up €5,167 (+76.6%), from €6,750 to €11,917
of which Taxes: +€2,733
- Trade debts +€1,829
new in 2025: €1,829
- Other debts -€1,700
down €1,700 (-13.7%), from €12,370 to €10,669
- Staff costs +€20,818
new in 2025: €20,818
- Gross operating margin -€4,484
down €4,484 (-8.7%), from €51,523 to €47,039
- Taxes +€4,335
up €4,335 (+907%), from €478 to €4,812
- Other operating charges +€3,132
up €3,132 (+362%), from €864 to €3,996
- Depreciation +€2,998
up €2,998 (+257%), from €1,165 to €4,163
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 | €78,714 | €94,831 | +€16,116 | +20.5% |
| Fixed assets | 21/28 | €1,552 | €14,185 | +€12,633 | +814% |
| Intangible fixed assets | 21 | €583 | - | -€583 | |
| Tangible fixed assets | 22/27 | €969 | €13,975 | +€13,006 | +1,342% |
| Plant, machinery and equipment | 23 | €969 | €2,926 | +€1,956 | +202% |
| Furniture and vehicles | 24 | - | €11,050 | +€11,050 | |
| Financial fixed assets | 28 | - | €210 | +€210 | |
| Current assets | 29/58 | €77,162 | €80,645 | +€3,483 | +4.5% |
| Amounts receivable within one year | 40/41 | €4,395 | €1,823 | -€2,572 | -58.5% |
| Trade receivables | 40 | - | €135 | +€135 | |
| Other amounts receivable | 41 | €4,395 | €1,688 | -€2,707 | -61.6% |
| Cash at bank and in hand | 54/58 | €71,969 | €76,435 | +€4,466 | +6.2% |
| Deferred charges and accrued income | 490/1 | €798 | €2,387 | +€1,589 | +199% |
| Total equity and liabilities | 10/49 | €78,714 | €94,831 | +€16,116 | +20.5% |
| Equity | 10/15 | €59,595 | €70,415 | +€10,821 | +18.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €797 | €797 | = | 0.0% |
| Non-distributable reserves | 130/1 | €797 | €797 | = | 0.0% |
| Reserves not available under the articles | 1311 | €797 | €797 | = | 0.0% |
| Profit (loss) carried forward | 14 | €40,197 | €51,018 | +€10,821 | +26.9% |
| Amounts payable | 17/49 | €19,120 | €24,415 | +€5,296 | +27.7% |
| Amounts payable within one year | 42/48 | €19,120 | €24,415 | +€5,296 | +27.7% |
| Trade debts | 44 | - | €1,829 | +€1,829 | |
| Suppliers | 440/4 | - | €1,829 | +€1,829 | |
| Taxes, remuneration and social security | 45 | €6,750 | €11,917 | +€5,167 | +76.6% |
| Taxes | 450/3 | €6,750 | €9,483 | +€2,733 | +40.5% |
| Remuneration and social security | 454/9 | - | €2,434 | +€2,434 | |
| Other amounts payable | 47/48 | €12,370 | €10,669 | -€1,700 | -13.7% |
| Remuneration, social security and pensions | 62 | - | €20,818 | +€20,818 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,165 | €4,163 | +€2,998 | +257% |
| Other operating charges | 640/8 | €864 | €3,996 | +€3,132 | +362% |
| Gross operating margin | 9900 | €51,523 | €47,039 | -€4,484 | -8.7% |
| Operating profit (loss) | 9901 | €49,494 | €18,061 | -€31,432 | -63.5% |
| Financial income | 75/76B | €0 | €0 | -€0 | -88.9% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -88.9% |
| Financial charges | 65/66B | €868 | €2,428 | +€1,560 | +180% |
| Recurring financial charges | 65 | €868 | €2,428 | +€1,560 | +180% |
| Profit (loss) for the period before taxes | 9903 | €48,625 | €15,633 | -€32,992 | -67.8% |
| Income taxes | 67/77 | €478 | €4,812 | +€4,335 | +907% |
| Profit (loss) for the period | 9904 | €48,148 | €10,821 | -€37,327 | -77.5% |
| Profit (loss) for the period to be appropriated | 9905 | €48,148 | €10,821 | -€37,327 | -77.5% |
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.