GEO DC: 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 DC
Largest movements
- Cash +€9,083
up €9,083 (+1868.6%), from €486 to €9,569
mainly Tax, wage and social debts (+€9,686) and Net result for the year (+€8,466)
- Tangible fixed assets -€5,661
down €5,661 (-17.8%), from €31,887 to €26,226
- Receivables within one year -€3,349
down €3,349 (-28.9%), from €11,589 to €8,240
- Other debts -€13,449
down €13,449 (-71.1%), from €18,925 to €5,476
- Tax, wage and social debts +€9,686
up €9,686 (+383.0%), from €2,529 to €12,215
- Profit (loss) carried forward +€8,466
up €8,466, from -€5,068 to €3,398
- Debts after one year -€4,176
down €4,176 (-19.9%), from €20,946 to €16,770
- Trade debts -€700
down €700 (-59.8%), from €1,171 to €471
- Gross operating margin +€21,080
up €21,080 (+4468.8%), from €472 to €21,552
- Depreciation +€3,410
up €3,410 (+82.4%), from €4,136 to €7,546
- Taxes +€3,342
up €3,342 (+1010.7%), from €331 to €3,673
- Financial charges +€591
up €591 (+291.5%), from €203 to €794
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.
Cash bridge derived
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 | €44,561 | €44,506 | -€55 | -0.1% |
| Fixed assets | 21/28 | €31,887 | €26,226 | -€5,661 | -17.8% |
| Tangible fixed assets | 22/27 | €31,887 | €26,226 | -€5,661 | -17.8% |
| Furniture and vehicles | 24 | €31,887 | €26,226 | -€5,661 | -17.8% |
| Current assets | 29/58 | €12,673 | €18,280 | +€5,607 | +44.2% |
| Amounts receivable within one year | 40/41 | €11,589 | €8,240 | -€3,349 | -28.9% |
| Trade receivables | 40 | €11,589 | €8,240 | -€3,349 | -28.9% |
| Cash at bank and in hand | 54/58 | €486 | €9,569 | +€9,083 | +1868.6% |
| Deferred charges and accrued income | 490/1 | €599 | €471 | -€128 | -21.3% |
| Total equity and liabilities | 10/49 | €44,561 | €44,506 | -€55 | -0.1% |
| Equity | 10/15 | -€3,068 | €5,398 | +€8,466 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,068 | €3,398 | +€8,466 | |
| Amounts payable | 17/49 | €47,628 | €39,108 | -€8,520 | -17.9% |
| Amounts payable after more than one year | 17 | €20,946 | €16,770 | -€4,176 | -19.9% |
| Financial debts | 170/4 | €20,946 | €16,770 | -€4,176 | -19.9% |
| Amounts payable within one year | 42/48 | €26,683 | €22,338 | -€4,345 | -16.3% |
| Current portion of amounts payable after more than one year | 42 | €4,058 | €4,176 | +€118 | +2.9% |
| Trade debts | 44 | €1,171 | €471 | -€700 | -59.8% |
| Suppliers | 440/4 | €1,171 | €471 | -€700 | -59.8% |
| Taxes, remuneration and social security | 45 | €2,529 | €12,215 | +€9,686 | +383.0% |
| Taxes | 450/3 | €2,529 | €12,215 | +€9,686 | +383.0% |
| Other amounts payable | 47/48 | €18,925 | €5,476 | -€13,449 | -71.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,136 | €7,546 | +€3,410 | +82.4% |
| Other operating charges | 640/8 | €874 | €1,088 | +€214 | +24.5% |
| Gross operating margin | 9900 | €472 | €21,552 | +€21,080 | +4468.8% |
| Operating profit (loss) | 9901 | -€4,538 | €12,918 | +€17,456 | |
| Financial income | 75/76B | €4 | €15 | +€11 | +286.6% |
| Recurring financial income | 75 | €4 | €15 | +€11 | +286.6% |
| Financial charges | 65/66B | €203 | €794 | +€591 | +291.5% |
| Recurring financial charges | 65 | €203 | €794 | +€591 | +291.5% |
| Profit (loss) for the period before taxes | 9903 | -€4,737 | €12,139 | +€16,876 | |
| Income taxes | 67/77 | €331 | €3,673 | +€3,342 | +1010.7% |
| Profit (loss) for the period | 9904 | -€5,068 | €8,466 | +€13,534 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,068 | €8,466 | +€13,534 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.