GEO@Turnhout: 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@Turnhout
Largest movements
- Cash -€55,912
down €55,912 (-99.3%), from €56,306 to €394
mainly Net result for the year (-€41,290) and Receivables within one year (-€9,662)
- Receivables within one year +€9,662
new in 2025: €9,662
- Profit (loss) carried forward -€41,290
down €41,290 (-340%), from -€12,148 to -€53,438
- Trade debts -€4,961
down €4,961 (-71.3%), from €6,954 to €1,993
- Gross operating margin -€29,266
down €29,266 (-256%), from -€11,451 to -€40,717
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 | €56,306 | €10,055 | -€46,251 | -82.1% |
| Current assets | 29/58 | €56,306 | €10,055 | -€46,251 | -82.1% |
| Amounts receivable within one year | 40/41 | - | €9,662 | +€9,662 | |
| Other amounts receivable | 41 | - | €9,662 | +€9,662 | |
| Cash at bank and in hand | 54/58 | €56,306 | €394 | -€55,912 | -99.3% |
| Total equity and liabilities | 10/49 | €56,306 | €10,055 | -€46,251 | -82.1% |
| Equity | 10/15 | €49,352 | €8,062 | -€41,290 | -83.7% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,148 | -€53,438 | -€41,290 | -340% |
| Amounts payable | 17/49 | €6,954 | €1,993 | -€4,961 | -71.3% |
| Amounts payable within one year | 42/48 | €6,954 | €1,993 | -€4,961 | -71.3% |
| Trade debts | 44 | €6,954 | €1,993 | -€4,961 | -71.3% |
| Suppliers | 440/4 | €6,954 | €1,993 | -€4,961 | -71.3% |
| Other operating charges | 640/8 | €387 | €520 | +€132 | +34.2% |
| Gross operating margin | 9900 | -€11,451 | -€40,717 | -€29,266 | -256% |
| Operating profit (loss) | 9901 | -€11,838 | -€41,237 | -€29,398 | -248% |
| Financial charges | 65/66B | €310 | €53 | -€257 | -82.9% |
| Recurring financial charges | 65 | €310 | €53 | -€257 | -82.9% |
| Profit (loss) for the period before taxes | 9903 | -€12,148 | -€41,290 | -€29,142 | -240% |
| Profit (loss) for the period | 9904 | -€12,148 | -€41,290 | -€29,142 | -240% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,148 | -€41,290 | -€29,142 | -240% |
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 29 October 2026 via checked.be.