GEO-CONSULT: 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-CONSULT
Largest movements
- Cash +€126,175
up €126,175 (+20.8%), from €607,731 to €733,906
mainly Net result for the year (+€276,936) and Depreciation (+€32,842)
- Tangible fixed assets +€23,892
up €23,892 (+6.7%), from €358,377 to €382,269
of which Assets under construction and advance payments: +€39,510
- Reserves +€276,936
up €276,936 (+23.7%), from €1.2m to €1.4m
of which Distributable reserves: +€276,936
- Tax, wage and social debts -€117,838
down €117,838 (-82.1%), from €143,469 to €25,631
of which Taxes: -€118,838
- Gross operating margin -€272,792
down €272,792 (-38.3%), from €711,495 to €438,703
- Other operating charges -€45,469
down €45,469 (-95.0%), from €47,883 to €2,414
- Taxes -€32,532
down €32,532 (-21.1%), from €153,851 to €121,319
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 | €1,473,169 | €1,635,035 | +€161,866 | +11.0% |
| Fixed assets | 21/28 | €708,377 | €732,269 | +€23,892 | +3.4% |
| Tangible fixed assets | 22/27 | €358,377 | €382,269 | +€23,892 | +6.7% |
| Land and buildings | 22 | €296,910 | €280,831 | -€16,079 | -5.4% |
| Plant, machinery and equipment | 23 | €6,246 | €4,074 | -€2,172 | -34.8% |
| Furniture and vehicles | 24 | €14,048 | €17,579 | +€3,531 | +25.1% |
| Other tangible fixed assets | 26 | €41,173 | €40,275 | -€898 | -2.2% |
| Assets under construction and advance payments | 27 | - | €39,510 | +€39,510 | |
| Financial fixed assets | 28 | €350,000 | €350,000 | = | 0.0% |
| Current assets | 29/58 | €764,792 | €902,766 | +€137,974 | +18.0% |
| Amounts receivable after more than one year | 29 | €15,000 | €15,000 | = | 0.0% |
| Other amounts receivable | 291 | €15,000 | €15,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €136,671 | €148,470 | +€11,799 | +8.6% |
| Trade receivables | 40 | €48,400 | €53,141 | +€4,741 | +9.8% |
| Other amounts receivable | 41 | €88,271 | €95,329 | +€7,058 | +8.0% |
| Current investments | 50/53 | €5,390 | €5,390 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €607,731 | €733,906 | +€126,175 | +20.8% |
| Total equity and liabilities | 10/49 | €1,473,169 | €1,635,035 | +€161,866 | +11.0% |
| Equity | 10/15 | €1,189,207 | €1,466,143 | +€276,936 | +23.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,170,607 | €1,447,543 | +€276,936 | +23.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €37,103 | €37,103 | = | 0.0% |
| Distributable reserves | 133 | €1,131,644 | €1,408,580 | +€276,936 | +24.5% |
| Amounts payable | 17/49 | €283,962 | €168,892 | -€115,070 | -40.5% |
| Amounts payable after more than one year | 17 | €123,498 | €109,967 | -€13,531 | -11.0% |
| Financial debts | 170/4 | €123,498 | €109,967 | -€13,531 | -11.0% |
| Amounts payable within one year | 42/48 | €160,464 | €58,925 | -€101,539 | -63.3% |
| Current portion of amounts payable after more than one year | 42 | €13,001 | €13,531 | +€530 | +4.1% |
| Trade debts | 44 | €1,494 | €7,733 | +€6,239 | +418% |
| Suppliers | 440/4 | €1,494 | €7,733 | +€6,239 | +418% |
| Taxes, remuneration and social security | 45 | €143,469 | €25,631 | -€117,838 | -82.1% |
| Taxes | 450/3 | €143,469 | €24,631 | -€118,838 | -82.8% |
| Remuneration and social security | 454/9 | - | €1,000 | +€1,000 | |
| Other amounts payable | 47/48 | €2,500 | €12,030 | +€9,530 | +381% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,787 | €32,842 | -€1,945 | -5.6% |
| Other operating charges | 640/8 | €47,883 | €2,414 | -€45,469 | -95.0% |
| Gross operating margin | 9900 | €711,495 | €438,703 | -€272,792 | -38.3% |
| Operating profit (loss) | 9901 | €628,825 | €403,447 | -€225,378 | -35.8% |
| Financial income | 75/76B | €188 | €250 | +€62 | +33.0% |
| Recurring financial income | 75 | €188 | €250 | +€62 | +33.0% |
| Financial charges | 65/66B | €5,859 | €5,442 | -€417 | -7.1% |
| Recurring financial charges | 65 | €5,859 | €5,442 | -€417 | -7.1% |
| Profit (loss) for the period before taxes | 9903 | €623,154 | €398,255 | -€224,899 | -36.1% |
| Income taxes | 67/77 | €153,851 | €121,319 | -€32,532 | -21.1% |
| Profit (loss) for the period | 9904 | €469,303 | €276,936 | -€192,367 | -41.0% |
| Profit (loss) for the period to be appropriated | 9905 | €469,303 | €276,936 | -€192,367 | -41.0% |
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 28 October 2026 via checked.be.