GEECON IT SOLUTIONS: 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.
GEECON IT SOLUTIONS
Largest movements
- Receivables within one year +€90,041
up €90,041 (+25.7%), from €350,173 to €440,214
of which Trade receivables: +€98,233
- Tangible fixed assets +€81,915
up €81,915 (+75.6%), from €108,309 to €190,224
of which Furniture and vehicles: +€75,385
- Cash +€43,027
up €43,027 (+44.0%), from €97,796 to €140,824
mainly Net result for the year (+€146,427) and Debts after one year (+€40,178)
- Reserves +€144,761
up €144,761 (+42.7%), from €338,719 to €483,480
- Debts after one year +€40,178
up €40,178 (+270%), from €14,866 to €55,044
- Current portion of long-term debt +€14,696
up €14,696 (+209%), from €7,044 to €21,740
- Tax, wage and social debts +€9,965
up €9,965 (+7.9%), from €125,491 to €135,457
of which Remuneration and social security: +€6,731
- Gross operating margin +€184,963
up €184,963 (+57.0%), from €324,748 to €509,710
- Staff costs +€54,745
up €54,745 (+28.1%), from €194,955 to €249,699
- Taxes +€35,648
up €35,648 (+111%), from €32,030 to €67,679
- Depreciation +€20,444
up €20,444 (+113%), from €18,054 to €38,497
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 | €642,889 | €855,512 | +€212,623 | +33.1% |
| Fixed assets | 21/28 | €116,192 | €198,107 | +€81,915 | +70.5% |
| Tangible fixed assets | 22/27 | €108,309 | €190,224 | +€81,915 | +75.6% |
| Plant, machinery and equipment | 23 | €8,348 | €7,040 | -€1,308 | -15.7% |
| Furniture and vehicles | 24 | €72,390 | €147,775 | +€75,385 | +104% |
| Other tangible fixed assets | 26 | €27,571 | €35,409 | +€7,838 | +28.4% |
| Financial fixed assets | 28 | €7,883 | €7,883 | = | 0.0% |
| Current assets | 29/58 | €526,697 | €657,405 | +€130,708 | +24.8% |
| Stocks and contracts in progress | 3 | €73,251 | €71,458 | -€1,793 | -2.4% |
| Stocks | 30/36 | €73,251 | €71,458 | -€1,793 | -2.4% |
| Amounts receivable within one year | 40/41 | €350,173 | €440,214 | +€90,041 | +25.7% |
| Trade receivables | 40 | €341,961 | €440,194 | +€98,233 | +28.7% |
| Other amounts receivable | 41 | €8,212 | €20 | -€8,193 | -99.8% |
| Cash at bank and in hand | 54/58 | €97,796 | €140,824 | +€43,027 | +44.0% |
| Deferred charges and accrued income | 490/1 | €5,476 | €4,909 | -€568 | -10.4% |
| Total equity and liabilities | 10/49 | €642,889 | €855,512 | +€212,623 | +33.1% |
| Equity | 10/15 | €355,811 | €500,572 | +€144,761 | +40.7% |
| Contributions | 10/11 | €17,092 | €17,092 | = | 0.0% |
| Reserves | 13 | €338,719 | €483,480 | +€144,761 | +42.7% |
| Distributable reserves | 133 | €338,719 | €483,480 | +€144,761 | +42.7% |
| Amounts payable | 17/49 | €287,078 | €354,940 | +€67,862 | +23.6% |
| Amounts payable after more than one year | 17 | €14,866 | €55,044 | +€40,178 | +270% |
| Financial debts | 170/4 | €14,866 | €55,044 | +€40,178 | +270% |
| Amounts payable within one year | 42/48 | €272,212 | €299,896 | +€27,684 | +10.2% |
| Current portion of amounts payable after more than one year | 42 | €7,044 | €21,740 | +€14,696 | +209% |
| Financial debts | 43 | €4,698 | €1,018 | -€3,681 | -78.3% |
| Credit institutions | 430/8 | €4,698 | €1,018 | -€3,681 | -78.3% |
| Trade debts | 44 | €133,237 | €133,802 | +€564 | +0.4% |
| Suppliers | 440/4 | €133,237 | €133,802 | +€564 | +0.4% |
| Taxes, remuneration and social security | 45 | €125,491 | €135,457 | +€9,965 | +7.9% |
| Taxes | 450/3 | €88,050 | €91,285 | +€3,235 | +3.7% |
| Remuneration and social security | 454/9 | €37,441 | €44,171 | +€6,731 | +18.0% |
| Other amounts payable | 47/48 | €1,741 | €7,880 | +€6,139 | +353% |
| Remuneration, social security and pensions | 62 | €194,955 | €249,699 | +€54,745 | +28.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,054 | €38,497 | +€20,444 | +113% |
| Other operating charges | 640/8 | €2,425 | €2,346 | -€78 | -3.2% |
| Gross operating margin | 9900 | €324,748 | €509,710 | +€184,963 | +57.0% |
| Operating profit (loss) | 9901 | €109,315 | €219,167 | +€109,853 | +100% |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €1,827 | €5,062 | +€3,235 | +177% |
| Recurring financial charges | 65 | €1,827 | €5,062 | +€3,235 | +177% |
| Profit (loss) for the period before taxes | 9903 | €107,491 | €214,106 | +€106,615 | +99.2% |
| Income taxes | 67/77 | €32,030 | €67,679 | +€35,648 | +111% |
| Profit (loss) for the period | 9904 | €75,461 | €146,427 | +€70,966 | +94.0% |
| Profit (loss) for the period to be appropriated | 9905 | €75,461 | €146,427 | +€70,966 | +94.0% |
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 31 October 2026 via checked.be.