GEO-6: 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.
GEO-6
Largest movements
- Current investments +€25,000
up €25,000 (+25.0%), from €100,000 to €125,000
- Cash -€20,568
down €20,568 (-34.1%), from €60,364 to €39,796
mainly Current investments (-€25,000) and Other debts (-€6,305)
- Receivables within one year +€4,277
up €4,277 (+454%), from €943 to €5,219
of which Other amounts receivable: +€4,283
- Tangible fixed assets +€2,736
up €2,736 (+221%), from €1,239 to €3,975
of which Plant, machinery and equipment: +€3,695
- Reserves +€17,897
up €17,897 (+60.5%), from €29,589 to €47,486
- Other debts -€6,305
down €6,305 (-56.0%), from €11,261 to €4,956
- Tax, wage and social debts +€3,351
up €3,351 (+213%), from €1,573 to €4,924
of which Remuneration and social security: +€3,679
- Trade debts -€2,758
down €2,758 (-76.0%), from €3,628 to €871
- Financial income +€3,261
new in 2025: €3,261
- Gross operating margin +€1,388
up €1,388 (+6.3%), from €22,091 to €23,479
- Taxes +€1,033
up €1,033 (+18.4%), from €5,619 to €6,652
- Depreciation +€470
up €470 (+37.5%), from €1,254 to €1,724
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 | €162,639 | €173,991 | +€11,352 | +7.0% |
| Fixed assets | 21/28 | €1,239 | €3,975 | +€2,736 | +221% |
| Tangible fixed assets | 22/27 | €1,239 | €3,975 | +€2,736 | +221% |
| Plant, machinery and equipment | 23 | - | €3,695 | +€3,695 | |
| Furniture and vehicles | 24 | €1,239 | €280 | -€959 | -77.4% |
| Current assets | 29/58 | €161,400 | €170,016 | +€8,616 | +5.3% |
| Amounts receivable within one year | 40/41 | €943 | €5,219 | +€4,277 | +454% |
| Trade receivables | 40 | €6 | - | -€6 | |
| Other amounts receivable | 41 | €937 | €5,219 | +€4,283 | +457% |
| Current investments | 50/53 | €100,000 | €125,000 | +€25,000 | +25.0% |
| Cash at bank and in hand | 54/58 | €60,364 | €39,796 | -€20,568 | -34.1% |
| Deferred charges and accrued income | 490/1 | €92 | - | -€92 | |
| Total equity and liabilities | 10/49 | €162,639 | €173,991 | +€11,352 | +7.0% |
| Equity | 10/15 | €128,877 | €145,940 | +€17,064 | +13.2% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €29,589 | €47,486 | +€17,897 | +60.5% |
| Distributable reserves | 133 | €29,589 | €47,486 | +€17,897 | +60.5% |
| Profit (loss) carried forward | 14 | €80,737 | €79,904 | -€833 | -1.0% |
| Amounts payable | 17/49 | €33,762 | €28,051 | -€5,712 | -16.9% |
| Amounts payable within one year | 42/48 | €16,462 | €10,751 | -€5,712 | -34.7% |
| Trade debts | 44 | €3,628 | €871 | -€2,758 | -76.0% |
| Suppliers | 440/4 | €3,628 | €871 | -€2,758 | -76.0% |
| Taxes, remuneration and social security | 45 | €1,573 | €4,924 | +€3,351 | +213% |
| Taxes | 450/3 | €1,573 | €1,244 | -€328 | -20.9% |
| Remuneration and social security | 454/9 | - | €3,679 | +€3,679 | |
| Other amounts payable | 47/48 | €11,261 | €4,956 | -€6,305 | -56.0% |
| Accrued charges and deferred income | 492/3 | €17,300 | €17,300 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,254 | €1,724 | +€470 | +37.5% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €22,091 | €23,479 | +€1,388 | +6.3% |
| Operating profit (loss) | 9901 | €20,450 | €21,356 | +€906 | +4.4% |
| Financial income | 75/76B | - | €3,261 | +€3,261 | |
| Recurring financial income | 75 | - | €3,261 | +€3,261 | |
| Financial charges | 65/66B | €67 | €68 | +€0 | +0.2% |
| Recurring financial charges | 65 | €67 | €68 | +€0 | +0.2% |
| Profit (loss) for the period before taxes | 9903 | €20,383 | €24,549 | +€4,167 | +20.4% |
| Income taxes | 67/77 | €5,619 | €6,652 | +€1,033 | +18.4% |
| Profit (loss) for the period | 9904 | €14,763 | €17,897 | +€3,133 | +21.2% |
| Profit (loss) for the period to be appropriated | 9905 | €14,763 | €17,897 | +€3,133 | +21.2% |
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 24 October 2026 via checked.be.