GEO MODE: 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 MODE
Largest movements
- Receivables within one year +€6,552
up €6,552 (+51.6%), from €12,687 to €19,240
- Cash -€5,934
down €5,934 (-98.8%), from €6,004 to €70
mainly Receivables within one year (-€6,552) and Net result for the year (-€382)
- Other debts +€1,000
up €1,000 (+76.5%), from €1,307 to €2,307
- Profit (loss) carried forward -€382
down €382 (-10.4%), from -€3,666 to -€4,048
- Other operating charges +€535
new in 2023: €535
- Gross operating margin +€459
up €459 (+70.1%), from -€654 to -€195
- Financial charges +€306
new in 2023: €306
- Financial income -€151
down €151 (-18.8%), from €806 to €655
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €18,691 | €19,309 | +€618 | +3.3% |
| Current assets | 29/58 | €18,691 | €19,309 | +€618 | +3.3% |
| Amounts receivable within one year | 40/41 | €12,687 | €19,240 | +€6,552 | +51.6% |
| Other amounts receivable | 41 | €12,687 | €19,240 | +€6,552 | +51.6% |
| Cash at bank and in hand | 54/58 | €6,004 | €70 | -€5,934 | -98.8% |
| Total equity and liabilities | 10/49 | €18,691 | €19,309 | +€618 | +3.3% |
| Equity | 10/15 | €14,934 | €14,552 | -€382 | -2.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,666 | -€4,048 | -€382 | -10.4% |
| Amounts payable | 17/49 | €3,757 | €4,757 | +€1,000 | +26.6% |
| Amounts payable within one year | 42/48 | €3,757 | €4,757 | +€1,000 | +26.6% |
| Taxes, remuneration and social security | 45 | €2,450 | €2,450 | = | 0.0% |
| Taxes | 450/3 | €2,450 | €2,450 | = | 0.0% |
| Other amounts payable | 47/48 | €1,307 | €2,307 | +€1,000 | +76.5% |
| Other operating charges | 640/8 | - | €535 | +€535 | |
| Non-recurring operating charges | 66A | €855 | - | -€855 | |
| Gross operating margin | 9900 | -€654 | -€195 | +€459 | +70.1% |
| Operating profit (loss) | 9901 | -€1,509 | -€730 | +€778 | +51.6% |
| Financial income | 75/76B | €806 | €655 | -€151 | -18.8% |
| Recurring financial income | 75 | €806 | €655 | -€151 | -18.8% |
| Financial charges | 65/66B | - | €306 | +€306 | |
| Recurring financial charges | 65 | - | €306 | +€306 | |
| Profit (loss) for the period before taxes | 9903 | -€703 | -€382 | +€321 | +45.7% |
| Profit (loss) for the period | 9904 | -€703 | -€382 | +€321 | +45.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€703 | -€382 | +€321 | +45.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.