GeekCo: 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.
GeekCo
Largest movements
- Cash -€31,666
down €31,666 (-38.3%), from €82,624 to €50,958
mainly Other debts (-€75,125) and Debts after one year (-€14,839)
- Receivables after one year -€25,000
no longer reported in 2025 (was €25,000)
- Tangible fixed assets -€17,642
down €17,642 (-4.5%), from €394,995 to €377,353
of which Furniture and vehicles: -€11,381
- Receivables within one year -€9,472
down €9,472 (-19.4%), from €48,750 to €39,278
of which Other amounts receivable: -€9,941
- Financial fixed assets -€7,901
down €7,901 (-96.9%), from €8,157 to €256
- Other debts -€75,125
down €75,125 (-57.0%), from €131,773 to €56,648
- Provisions +€19,558
up €19,558 (+67.6%), from €28,914 to €48,472
- Debts after one year -€14,839
down €14,839 (-5.1%), from €293,544 to €278,705
of which Financial debts: -€14,839
- Profit (loss) carried forward -€9,504
down €9,504, from €4,149 to -€5,355
- Tax, wage and social debts -€5,937
down €5,937 (-50.5%), from €11,761 to €5,825
- Gross operating margin -€70,659
down €70,659 (-43.6%), from €162,105 to €91,446
- Provisions +€22,478
up €22,478, from -€2,920 to €19,558
- Financial charges -€13,126
down €13,126 (-21.7%), from €60,448 to €47,322
- Taxes -€11,059
down €11,059 (-64.3%), from €17,190 to €6,131
- Financial income +€5,168
up €5,168 (+864.8%), from €598 to €5,765
of which Non-recurring financial income: +€3,911
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 | €561,546 | €477,487 | -€84,058 | -15.0% |
| Fixed assets | 21/28 | €403,152 | €377,609 | -€25,543 | -6.3% |
| Tangible fixed assets | 22/27 | €394,995 | €377,353 | -€17,642 | -4.5% |
| Land and buildings | 22 | €358,461 | €352,200 | -€6,261 | -1.7% |
| Furniture and vehicles | 24 | €36,534 | €25,154 | -€11,381 | -31.2% |
| Financial fixed assets | 28 | €8,157 | €256 | -€7,901 | -96.9% |
| Current assets | 29/58 | €158,394 | €99,879 | -€58,515 | -36.9% |
| Amounts receivable after more than one year | 29 | €25,000 | - | -€25,000 | |
| Other amounts receivable | 291 | €25,000 | - | -€25,000 | |
| Amounts receivable within one year | 40/41 | €48,750 | €39,278 | -€9,472 | -19.4% |
| Trade receivables | 40 | €36,941 | €37,409 | +€469 | +1.3% |
| Other amounts receivable | 41 | €11,810 | €1,869 | -€9,941 | -84.2% |
| Cash at bank and in hand | 54/58 | €82,624 | €50,958 | -€31,666 | -38.3% |
| Deferred charges and accrued income | 490/1 | €2,019 | €9,642 | +€7,623 | +377.5% |
| Total equity and liabilities | 10/49 | €561,546 | €477,487 | -€84,058 | -15.0% |
| Equity | 10/15 | €79,961 | €70,457 | -€9,504 | -11.9% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €69,812 | €69,812 | = | 0.0% |
| Distributable reserves | 133 | €69,812 | €69,812 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,149 | -€5,355 | -€9,504 | |
| Provisions and deferred taxes | 16 | €28,914 | €48,472 | +€19,558 | +67.6% |
| Provisions for liabilities and charges | 160/5 | €28,914 | €48,472 | +€19,558 | +67.6% |
| Other liabilities and charges | 164/5 | €28,914 | €48,472 | +€19,558 | +67.6% |
| Amounts payable | 17/49 | €452,670 | €358,559 | -€94,112 | -20.8% |
| Amounts payable after more than one year | 17 | €293,544 | €278,705 | -€14,839 | -5.1% |
| Financial debts | 170/4 | €218,544 | €203,705 | -€14,839 | -6.8% |
| Other amounts payable | 178/9 | €75,000 | €75,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €159,126 | €79,854 | -€79,272 | -49.8% |
| Current portion of amounts payable after more than one year | 42 | €14,317 | €14,839 | +€523 | +3.6% |
| Financial debts | 43 | €1,216 | €1,930 | +€714 | +58.7% |
| Credit institutions | 430/8 | €1,216 | €1,930 | +€714 | +58.7% |
| Trade debts | 44 | €58 | €612 | +€553 | +946.2% |
| Suppliers | 440/4 | €58 | €612 | +€553 | +946.2% |
| Taxes, remuneration and social security | 45 | €11,761 | €5,825 | -€5,937 | -50.5% |
| Taxes | 450/3 | €11,761 | €5,825 | -€5,937 | -50.5% |
| Other amounts payable | 47/48 | €131,773 | €56,648 | -€75,125 | -57.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,414 | €29,307 | +€4,893 | +20.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€2,920 | €19,558 | +€22,478 | |
| Other operating charges | 640/8 | €3,427 | €3,862 | +€435 | +12.7% |
| Non-recurring operating charges | 66A | - | €537 | +€537 | |
| Gross operating margin | 9900 | €162,105 | €91,446 | -€70,659 | -43.6% |
| Operating profit (loss) | 9901 | €137,184 | €38,183 | -€99,001 | -72.2% |
| Financial income | 75/76B | €598 | €5,765 | +€5,168 | +864.8% |
| Recurring financial income | 75 | €598 | €1,854 | +€1,257 | +210.3% |
| Non-recurring financial income | 76B | - | €3,911 | +€3,911 | |
| Financial charges | 65/66B | €60,448 | €47,322 | -€13,126 | -21.7% |
| Recurring financial charges | 65 | €60,448 | €47,322 | -€13,126 | -21.7% |
| Profit (loss) for the period before taxes | 9903 | €77,334 | -€3,373 | -€80,707 | |
| Income taxes | 67/77 | €17,190 | €6,131 | -€11,059 | -64.3% |
| Profit (loss) for the period | 9904 | €60,144 | -€9,504 | -€69,648 | |
| Profit (loss) for the period to be appropriated | 9905 | €60,144 | -€9,504 | -€69,648 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.