GEO CHASSIS: 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 CHASSIS
Largest movements
- Receivables within one year +€59,242
up €59,242 (+189%), from €31,353 to €90,595
of which Other amounts receivable: +€65,342
- Cash -€6,671
down €6,671 (-98.7%), from €6,756 to €85
mainly Receivables within one year (-€59,242) and Investment in fixed assets (net) (-€18,117)
- Tangible fixed assets -€2,670
down €2,670 (-8.8%), from €30,182 to €27,512
of which Leasing and similar rights: -€4,777
- Deferred charges and accrued income +€2,002
up €2,002 (+63.0%), from €3,180 to €5,182
- Profit (loss) carried forward +€40,916
up €40,916 (+157%), from €25,979 to €66,895
- Tax, wage and social debts +€7,373
up €7,373 (+42.8%), from €17,240 to €24,613
of which Taxes: +€8,888
- Debts after one year +€4,921
up €4,921 (+29.2%), from €16,856 to €21,777
- Trade debts -€1,905
down €1,905 (-30.8%), from €6,187 to €4,282
- Gross operating margin +€47,313
up €47,313 (+72.2%), from €65,510 to €112,823
- Taxes +€8,510
up €8,510 (+170%), from €5,012 to €13,522
- Depreciation +€3,531
up €3,531 (+20.5%), from €17,256 to €20,787
- Staff costs +€2,202
up €2,202 (+7.2%), from €30,522 to €32,724
- Financial income +€1,948
up €1,948 (+499%), from €390 to €2,338
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 | €73,321 | €125,224 | +€51,903 | +70.8% |
| Fixed assets | 21/28 | €32,032 | €29,362 | -€2,670 | -8.3% |
| Tangible fixed assets | 22/27 | €30,182 | €27,512 | -€2,670 | -8.8% |
| Plant, machinery and equipment | 23 | €498 | €352 | -€146 | -29.3% |
| Furniture and vehicles | 24 | €24,907 | €27,160 | +€2,253 | +9.0% |
| Leasing and similar rights | 25 | €4,777 | - | -€4,777 | |
| Financial fixed assets | 28 | €1,850 | €1,850 | = | 0.0% |
| Current assets | 29/58 | €41,289 | €95,862 | +€54,573 | +132% |
| Amounts receivable within one year | 40/41 | €31,353 | €90,595 | +€59,242 | +189% |
| Trade receivables | 40 | €19,235 | €13,135 | -€6,100 | -31.7% |
| Other amounts receivable | 41 | €12,118 | €77,460 | +€65,342 | +539% |
| Cash at bank and in hand | 54/58 | €6,756 | €85 | -€6,671 | -98.7% |
| Deferred charges and accrued income | 490/1 | €3,180 | €5,182 | +€2,002 | +63.0% |
| Total equity and liabilities | 10/49 | €73,321 | €125,224 | +€51,903 | +70.8% |
| Equity | 10/15 | €27,679 | €68,595 | +€40,916 | +148% |
| Contributions | 10/11 | €1,700 | €1,700 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,979 | €66,895 | +€40,916 | +157% |
| Amounts payable | 17/49 | €45,642 | €56,629 | +€10,987 | +24.1% |
| Amounts payable after more than one year | 17 | €16,856 | €21,777 | +€4,921 | +29.2% |
| Financial debts | 170/4 | €16,856 | €21,777 | +€4,921 | +29.2% |
| Amounts payable within one year | 42/48 | €28,786 | €34,852 | +€6,066 | +21.1% |
| Current portion of amounts payable after more than one year | 42 | €5,359 | €5,957 | +€598 | +11.2% |
| Trade debts | 44 | €6,187 | €4,282 | -€1,905 | -30.8% |
| Suppliers | 440/4 | €6,187 | €4,282 | -€1,905 | -30.8% |
| Taxes, remuneration and social security | 45 | €17,240 | €24,613 | +€7,373 | +42.8% |
| Taxes | 450/3 | €9,890 | €18,778 | +€8,888 | +89.9% |
| Remuneration and social security | 454/9 | €7,350 | €5,835 | -€1,515 | -20.6% |
| Non-recurring operating income | 76A | - | €345 | +€345 | |
| Remuneration, social security and pensions | 62 | €30,522 | €32,724 | +€2,202 | +7.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,256 | €20,787 | +€3,531 | +20.5% |
| Other operating charges | 640/8 | €3,440 | €4,931 | +€1,491 | +43.3% |
| Non-recurring operating charges | 66A | - | €650 | +€650 | |
| Gross operating margin | 9900 | €65,510 | €112,823 | +€47,313 | +72.2% |
| Operating profit (loss) | 9901 | €14,292 | €53,731 | +€39,439 | +276% |
| Financial income | 75/76B | €390 | €2,338 | +€1,948 | +499% |
| Recurring financial income | 75 | €390 | €2,338 | +€1,948 | +499% |
| Financial charges | 65/66B | €2,071 | €1,631 | -€440 | -21.2% |
| Recurring financial charges | 65 | €2,071 | €1,631 | -€440 | -21.2% |
| Profit (loss) for the period before taxes | 9903 | €12,611 | €54,438 | +€41,827 | +332% |
| Income taxes | 67/77 | €5,012 | €13,522 | +€8,510 | +170% |
| Profit (loss) for the period | 9904 | €7,599 | €40,916 | +€33,317 | +438% |
| Profit (loss) for the period to be appropriated | 9905 | €7,599 | €40,916 | +€33,317 | +438% |
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 27 October 2026 via checked.be.