GEO BATI: 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 BATI
Largest movements
- Receivables within one year +€267,570
up €267,570 (+153%), from €174,577 to €442,148
of which Trade receivables: +€272,735
- Cash +€4,788
up €4,788 (+1,939%), from €247 to €5,035
mainly Trade debts (+€284,286) and Tax, wage and social debts (+€14,673)
- Trade debts +€284,286
up €284,286 (+215%), from €132,125 to €416,412
- Profit (loss) carried forward -€28,348
down €28,348, from €8,903 to -€19,445
- Tax, wage and social debts +€14,673
up €14,673 (+66.2%), from €22,176 to €36,849
of which Taxes: +€26,373
- Taxes +€36,849
new in 2024: €36,849
- Gross operating margin +€13,901
up €13,901, from -€5,537 to €8,364
- Financial income +€1,860
new in 2024: €1,860
- Financial charges +€434
up €434 (+35.7%), from €1,216 to €1,650
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.
Derived cash bridge
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 | €178,116 | €447,502 | +€269,386 | +151% |
| Current assets | 29/58 | €178,116 | €447,502 | +€269,386 | +151% |
| Stocks and contracts in progress | 3 | €1,235 | €320 | -€915 | -74.1% |
| Stocks | 30/36 | €1,235 | €320 | -€915 | -74.1% |
| Amounts receivable within one year | 40/41 | €174,577 | €442,148 | +€267,570 | +153% |
| Trade receivables | 40 | €169,413 | €442,148 | +€272,735 | +161% |
| Other amounts receivable | 41 | €5,164 | - | -€5,164 | |
| Cash at bank and in hand | 54/58 | €247 | €5,035 | +€4,788 | +1,939% |
| Deferred charges and accrued income | 490/1 | €2,058 | - | -€2,058 | |
| Total equity and liabilities | 10/49 | €178,116 | €447,502 | +€269,386 | +151% |
| Equity | 10/15 | €10,903 | -€17,445 | -€28,348 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,903 | -€19,445 | -€28,348 | |
| Amounts payable | 17/49 | €167,213 | €464,947 | +€297,734 | +178% |
| Amounts payable within one year | 42/48 | €167,213 | €464,947 | +€297,734 | +178% |
| Trade debts | 44 | €132,125 | €416,412 | +€284,286 | +215% |
| Suppliers | 440/4 | €132,125 | €416,412 | +€284,286 | +215% |
| Taxes, remuneration and social security | 45 | €22,176 | €36,849 | +€14,673 | +66.2% |
| Taxes | 450/3 | €10,476 | €36,849 | +€26,373 | +252% |
| Remuneration and social security | 454/9 | €11,700 | - | -€11,700 | |
| Other amounts payable | 47/48 | €12,912 | €11,687 | -€1,225 | -9.5% |
| Other operating charges | 640/8 | €92 | €74 | -€18 | -19.6% |
| Gross operating margin | 9900 | -€5,537 | €8,364 | +€13,901 | |
| Operating profit (loss) | 9901 | -€5,629 | €8,290 | +€13,919 | |
| Financial income | 75/76B | - | €1,860 | +€1,860 | |
| Recurring financial income | 75 | - | €1,860 | +€1,860 | |
| Financial charges | 65/66B | €1,216 | €1,650 | +€434 | +35.7% |
| Recurring financial charges | 65 | €1,216 | €1,650 | +€434 | +35.7% |
| Profit (loss) for the period before taxes | 9903 | -€6,845 | €8,500 | +€15,346 | |
| Income taxes | 67/77 | - | €36,849 | +€36,849 | |
| Profit (loss) for the period | 9904 | -€6,845 | -€28,348 | -€21,503 | -314% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,845 | -€28,348 | -€21,503 | -314% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.