GEO'SOLS: 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'SOLS
Largest movements
- Receivables within one year +€57,802
up €57,802 (+330%), from €17,508 to €75,310
of which Trade receivables: +€58,116
- Tangible fixed assets -€51,131
down €51,131 (-28.4%), from €179,894 to €128,763
of which Plant, machinery and equipment: -€35,208
- Cash +€10,228
up €10,228 (+27.8%), from €36,748 to €46,976
mainly Depreciation (+€46,189) and Trade debts (+€24,619)
- Trade debts +€24,619
up €24,619 (+272%), from €9,043 to €33,662
- Debts after one year +€20,297
up €20,297 (+22.1%), from €91,802 to €112,099
- Profit (loss) carried forward -€15,670
new in 2025: -€15,670
- Other debts -€9,710
down €9,710 (-98.4%), from €9,863 to €153
- Current portion of long-term debt +€8,272
up €8,272 (+32.8%), from €25,200 to €33,472
- Gross operating margin -€55,548
down €55,548 (-50.7%), from €109,494 to €53,946
- Taxes -€19,070
down €19,070 (-99.3%), from €19,202 to €132
- Depreciation +€13,536
up €13,536 (+41.5%), from €32,653 to €46,189
- Other operating charges -€2,795
down €2,795 (-45.0%), from €6,208 to €3,413
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 | €246,076 | €266,195 | +€20,119 | +8.2% |
| Fixed assets | 21/28 | €179,894 | €130,936 | -€48,958 | -27.2% |
| Intangible fixed assets | 21 | - | €2,173 | +€2,173 | |
| Tangible fixed assets | 22/27 | €179,894 | €128,763 | -€51,131 | -28.4% |
| Plant, machinery and equipment | 23 | €105,833 | €70,625 | -€35,208 | -33.3% |
| Furniture and vehicles | 24 | €51,772 | €38,420 | -€13,352 | -25.8% |
| Other tangible fixed assets | 26 | €22,289 | €19,718 | -€2,571 | -11.5% |
| Current assets | 29/58 | €66,182 | €135,259 | +€69,077 | +104% |
| Amounts receivable within one year | 40/41 | €17,508 | €75,310 | +€57,802 | +330% |
| Trade receivables | 40 | €17,176 | €75,292 | +€58,116 | +338% |
| Other amounts receivable | 41 | €332 | €18 | -€314 | -94.6% |
| Cash at bank and in hand | 54/58 | €36,748 | €46,976 | +€10,228 | +27.8% |
| Deferred charges and accrued income | 490/1 | €11,926 | €12,973 | +€1,047 | +8.8% |
| Total equity and liabilities | 10/49 | €246,076 | €266,195 | +€20,119 | +8.2% |
| Equity | 10/15 | €72,148 | €56,478 | -€15,670 | -21.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €67,148 | €67,148 | = | 0.0% |
| Distributable reserves | 133 | €67,148 | €67,148 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€15,670 | -€15,670 | |
| Amounts payable | 17/49 | €173,928 | €209,717 | +€35,789 | +20.6% |
| Amounts payable after more than one year | 17 | €91,802 | €112,099 | +€20,297 | +22.1% |
| Financial debts | 170/4 | €91,802 | €112,099 | +€20,297 | +22.1% |
| Amounts payable within one year | 42/48 | €82,126 | €97,618 | +€15,492 | +18.9% |
| Current portion of amounts payable after more than one year | 42 | €25,200 | €33,472 | +€8,272 | +32.8% |
| Trade debts | 44 | €9,043 | €33,662 | +€24,619 | +272% |
| Suppliers | 440/4 | €9,043 | €33,662 | +€24,619 | +272% |
| Taxes, remuneration and social security | 45 | €38,020 | €30,331 | -€7,689 | -20.2% |
| Taxes | 450/3 | €38,020 | €30,331 | -€7,689 | -20.2% |
| Other amounts payable | 47/48 | €9,863 | €153 | -€9,710 | -98.4% |
| Non-recurring operating income | 76A | - | €522 | +€522 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,653 | €46,189 | +€13,536 | +41.5% |
| Other operating charges | 640/8 | €6,208 | €3,413 | -€2,795 | -45.0% |
| Non-recurring operating charges | 66A | - | €14,070 | +€14,070 | |
| Gross operating margin | 9900 | €109,494 | €53,946 | -€55,548 | -50.7% |
| Operating profit (loss) | 9901 | €70,633 | -€9,726 | -€80,359 | |
| Financial income | 75/76B | €386 | €21 | -€365 | -94.6% |
| Recurring financial income | 75 | €386 | €21 | -€365 | -94.6% |
| Financial charges | 65/66B | €5,286 | €5,833 | +€547 | +10.3% |
| Recurring financial charges | 65 | €5,286 | €5,833 | +€547 | +10.3% |
| Profit (loss) for the period before taxes | 9903 | €65,733 | -€15,538 | -€81,271 | |
| Income taxes | 67/77 | €19,202 | €132 | -€19,070 | -99.3% |
| Profit (loss) for the period | 9904 | €46,531 | -€15,670 | -€62,201 | |
| Profit (loss) for the period to be appropriated | 9905 | €46,531 | -€15,670 | -€62,201 |
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 27 October 2026 via checked.be.