Geo Bouw: 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 Bouw
Largest movements
- Receivables within one year +€54,179
up €54,179 (+87.3%), from €62,092 to €116,271
of which Trade receivables: +€46,665
- Cash +€15,691
up €15,691 (+181%), from €8,670 to €24,362
mainly Trade debts (+€33,002) and Net result for the year (+€22,288)
- Tangible fixed assets -€6,256
down €6,256 (-26.6%), from €23,526 to €17,270
of which Furniture and vehicles: -€8,277
- Financial fixed assets -€1,700
no longer reported in 2025 (was €1,700)
- Trade debts +€33,002
up €33,002 (+51.1%), from €64,584 to €97,586
of which Bills of exchange payable: +€24,411
- Profit (loss) carried forward +€22,288
up €22,288 (+155%), from €14,399 to €36,686
- Tax, wage and social debts +€6,624
up €6,624 (+39.4%), from €16,806 to €23,431
of which Taxes: +€11,272
- Gross operating margin +€17,587
up €17,587 (+59.3%), from €29,661 to €47,249
- Taxes +€4,750
up €4,750 (+72.8%), from €6,522 to €11,272
- Depreciation +€4,464
up €4,464 (+81.5%), from €5,475 to €9,940
- Other operating charges +€1,636
up €1,636 (+76.7%), from €2,132 to €3,769
- Financial income +€1,177
new in 2025: €1,177
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 | €95,989 | €157,903 | +€61,914 | +64.5% |
| Fixed assets | 21/28 | €25,226 | €17,270 | -€7,956 | -31.5% |
| Tangible fixed assets | 22/27 | €23,526 | €17,270 | -€6,256 | -26.6% |
| Plant, machinery and equipment | 23 | - | €2,022 | +€2,022 | |
| Furniture and vehicles | 24 | €23,526 | €15,249 | -€8,277 | -35.2% |
| Financial fixed assets | 28 | €1,700 | - | -€1,700 | |
| Current assets | 29/58 | €70,763 | €140,632 | +€69,870 | +98.7% |
| Amounts receivable within one year | 40/41 | €62,092 | €116,271 | +€54,179 | +87.3% |
| Trade receivables | 40 | €49,869 | €96,534 | +€46,665 | +93.6% |
| Other amounts receivable | 41 | €12,223 | €19,737 | +€7,514 | +61.5% |
| Cash at bank and in hand | 54/58 | €8,670 | €24,362 | +€15,691 | +181% |
| Total equity and liabilities | 10/49 | €95,989 | €157,903 | +€61,914 | +64.5% |
| Equity | 10/15 | €14,499 | €36,786 | +€22,288 | +154% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,399 | €36,686 | +€22,288 | +155% |
| Amounts payable | 17/49 | €81,490 | €121,116 | +€39,626 | +48.6% |
| Amounts payable within one year | 42/48 | €81,490 | €121,116 | +€39,626 | +48.6% |
| Trade debts | 44 | €64,584 | €97,586 | +€33,002 | +51.1% |
| Suppliers | 440/4 | €61,141 | €69,732 | +€8,591 | +14.1% |
| Bills of exchange payable | 441 | €3,443 | €27,854 | +€24,411 | +709% |
| Taxes, remuneration and social security | 45 | €16,806 | €23,431 | +€6,624 | +39.4% |
| Taxes | 450/3 | €6,616 | €17,888 | +€11,272 | +170% |
| Remuneration and social security | 454/9 | €10,190 | €5,543 | -€4,647 | -45.6% |
| Other amounts payable | 47/48 | €100 | €100 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,475 | €9,940 | +€4,464 | +81.5% |
| Other operating charges | 640/8 | €2,132 | €3,769 | +€1,636 | +76.7% |
| Gross operating margin | 9900 | €29,661 | €47,249 | +€17,587 | +59.3% |
| Operating profit (loss) | 9901 | €22,054 | €33,541 | +€11,487 | +52.1% |
| Financial income | 75/76B | - | €1,177 | +€1,177 | |
| Recurring financial income | 75 | - | €1,177 | +€1,177 | |
| Financial charges | 65/66B | €1,133 | €1,158 | +€25 | +2.2% |
| Recurring financial charges | 65 | €1,133 | €1,158 | +€25 | +2.2% |
| Profit (loss) for the period before taxes | 9903 | €20,920 | €33,559 | +€12,639 | +60.4% |
| Income taxes | 67/77 | €6,522 | €11,272 | +€4,750 | +72.8% |
| Profit (loss) for the period | 9904 | €14,399 | €22,288 | +€7,889 | +54.8% |
| Profit (loss) for the period to be appropriated | 9905 | €14,399 | €22,288 | +€7,889 | +54.8% |
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.