GEO CONTROL: what changed
Two fiscal 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 CONTROL
Largest movements
- Tangible fixed assets +€48,102
up €48,102 (+200.7%), from €23,968 to €72,070
of which Furniture and vehicles: +€57,030
- Cash -€39,929
down €39,929 (-93.4%), from €42,740 to €2,811
mainly Investment in fixed assets (net) (-€70,999) and Receivables within one year (-€19,385)
- Receivables within one year +€19,385
up €19,385 (+25.7%), from €75,288 to €94,672
of which Trade receivables: +€19,385
- Debts after one year +€24,621
up €24,621 (+108.5%), from €22,701 to €47,322
- Other debts +€11,730
up €11,730 (+121.9%), from €9,620 to €21,351
- Trade debts -€11,521
down €11,521 (-38.1%), from €30,264 to €18,743
- Current portion of long-term debt +€9,705
up €9,705 (+101.5%), from €9,557 to €19,261
- Profit (loss) carried forward -€8,285
down €8,285, from €273 to -€8,012
- Gross operating margin -€6,127
down €6,127 (-24.5%), from €24,977 to €18,850
- Taxes -€5,367
down €5,367, from €3,790 to -€1,577
- Depreciation +€5,348
up €5,348 (+30.5%), from €17,550 to €22,898
- Other operating charges +€1,576
up €1,576 (+186.3%), from €846 to €2,421
- Financial income -€1,171
down €1,171 (-94.6%), from €1,238 to €67
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.
Cash bridge derived
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 | €144,565 | €171,973 | +€27,408 | +19.0% |
| Fixed assets | 21/28 | €25,968 | €74,070 | +€48,102 | +185.2% |
| Tangible fixed assets | 22/27 | €23,968 | €72,070 | +€48,102 | +200.7% |
| Plant, machinery and equipment | 23 | €16,551 | €7,623 | -€8,928 | -53.9% |
| Furniture and vehicles | 24 | €7,417 | €64,446 | +€57,030 | +769.0% |
| Financial fixed assets | 28 | €2,000 | €2,000 | = | 0.0% |
| Current assets | 29/58 | €118,597 | €97,903 | -€20,694 | -17.4% |
| Amounts receivable within one year | 40/41 | €75,288 | €94,672 | +€19,385 | +25.7% |
| Trade receivables | 40 | €70,458 | €89,842 | +€19,385 | +27.5% |
| Other amounts receivable | 41 | €4,830 | €4,830 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €42,740 | €2,811 | -€39,929 | -93.4% |
| Deferred charges and accrued income | 490/1 | €569 | €420 | -€149 | -26.2% |
| Total equity and liabilities | 10/49 | €144,565 | €171,973 | +€27,408 | +19.0% |
| Equity | 10/15 | €55,659 | €47,374 | -€8,285 | -14.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €49,186 | €49,186 | = | 0.0% |
| Distributable reserves | 133 | €49,186 | €49,186 | = | 0.0% |
| Profit (loss) carried forward | 14 | €273 | -€8,012 | -€8,285 | |
| Amounts payable | 17/49 | €88,906 | €124,599 | +€35,693 | +40.1% |
| Amounts payable after more than one year | 17 | €22,701 | €47,322 | +€24,621 | +108.5% |
| Financial debts | 170/4 | €22,701 | €47,322 | +€24,621 | +108.5% |
| Amounts payable within one year | 42/48 | €66,205 | €77,277 | +€11,072 | +16.7% |
| Current portion of amounts payable after more than one year | 42 | €9,557 | €19,261 | +€9,705 | +101.5% |
| Trade debts | 44 | €30,264 | €18,743 | -€11,521 | -38.1% |
| Suppliers | 440/4 | €30,264 | €18,743 | -€11,521 | -38.1% |
| Taxes, remuneration and social security | 45 | €16,764 | €17,922 | +€1,158 | +6.9% |
| Taxes | 450/3 | €16,764 | €16,022 | -€742 | -4.4% |
| Remuneration and social security | 454/9 | - | €1,900 | +€1,900 | |
| Other amounts payable | 47/48 | €9,620 | €21,351 | +€11,730 | +121.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,550 | €22,898 | +€5,348 | +30.5% |
| Other operating charges | 640/8 | €846 | €2,421 | +€1,576 | +186.3% |
| Gross operating margin | 9900 | €24,977 | €18,850 | -€6,127 | -24.5% |
| Operating profit (loss) | 9901 | €6,581 | -€6,469 | -€13,050 | |
| Financial income | 75/76B | €1,238 | €67 | -€1,171 | -94.6% |
| Recurring financial income | 75 | €1,238 | €67 | -€1,171 | -94.6% |
| Financial charges | 65/66B | €3,757 | €3,460 | -€297 | -7.9% |
| Recurring financial charges | 65 | €3,757 | €3,460 | -€297 | -7.9% |
| Profit (loss) for the period before taxes | 9903 | €4,063 | -€9,862 | -€13,925 | |
| Income taxes | 67/77 | €3,790 | -€1,577 | -€5,367 | |
| Profit (loss) for the period | 9904 | €273 | -€8,285 | -€8,558 | |
| Profit (loss) for the period to be appropriated | 9905 | €273 | -€8,285 | -€8,558 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.