GEO-ENGINEERING: 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-ENGINEERING
Largest movements
- Receivables within one year -€13,237
down €13,237 (-72.9%), from €18,150 to €4,913
of which Trade receivables: -€18,150
- Cash +€1,354
up €1,354 (+3.1%), from €43,234 to €44,588
mainly Receivables within one year (+€13,237) and Net result for the year (+€4,307)
- Tax, wage and social debts -€15,261
down €15,261 (-84.0%), from €18,158 to €2,898
- Profit (loss) carried forward +€4,307
up €4,307 (+8.4%), from €51,021 to €55,328
- Gross operating margin +€11,230
up €11,230, from -€4,322 to €6,908
- Taxes +€392
new in 2025: €392
- Depreciation +€189
up €189 (+10.4%), from €1,810 to €1,999
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 | €76,729 | €65,377 | -€11,352 | -14.8% |
| Fixed assets | 21/28 | €15,345 | €15,876 | +€531 | +3.5% |
| Tangible fixed assets | 22/27 | €15,345 | €15,876 | +€531 | +3.5% |
| Plant, machinery and equipment | 23 | €15,345 | €15,876 | +€531 | +3.5% |
| Current assets | 29/58 | €61,384 | €49,501 | -€11,883 | -19.4% |
| Amounts receivable within one year | 40/41 | €18,150 | €4,913 | -€13,237 | -72.9% |
| Trade receivables | 40 | €18,150 | - | -€18,150 | |
| Other amounts receivable | 41 | - | €4,913 | +€4,913 | |
| Cash at bank and in hand | 54/58 | €43,234 | €44,588 | +€1,354 | +3.1% |
| Total equity and liabilities | 10/49 | €76,729 | €65,377 | -€11,352 | -14.8% |
| Equity | 10/15 | €56,021 | €60,328 | +€4,307 | +7.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €51,021 | €55,328 | +€4,307 | +8.4% |
| Amounts payable | 17/49 | €20,708 | €5,050 | -€15,659 | -75.6% |
| Amounts payable within one year | 42/48 | €20,708 | €5,050 | -€15,659 | -75.6% |
| Trade debts | 44 | €2,550 | €2,152 | -€398 | -15.6% |
| Suppliers | 440/4 | €2,550 | €2,152 | -€398 | -15.6% |
| Taxes, remuneration and social security | 45 | €18,158 | €2,898 | -€15,261 | -84.0% |
| Taxes | 450/3 | €18,158 | €2,898 | -€15,261 | -84.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,810 | €1,999 | +€189 | +10.4% |
| Other operating charges | 640/8 | €46 | €46 | = | 0.0% |
| Gross operating margin | 9900 | -€4,322 | €6,908 | +€11,230 | |
| Operating profit (loss) | 9901 | -€6,178 | €4,864 | +€11,042 | |
| Financial charges | 65/66B | €165 | €165 | -€0 | -0.2% |
| Recurring financial charges | 65 | €165 | €165 | -€0 | -0.2% |
| Profit (loss) for the period before taxes | 9903 | -€6,343 | €4,699 | +€11,042 | |
| Income taxes | 67/77 | - | €392 | +€392 | |
| Profit (loss) for the period | 9904 | -€6,343 | €4,307 | +€10,650 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,343 | €4,307 | +€10,650 |
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 9 October 2026 via checked.be.