GEO URBA: 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 URBA
Largest movements
- Cash +€55,868
up €55,868 (+764%), from €7,313 to €63,181
mainly Accrued charges and deferred income (+€75,095) and Net result for the year (+€54,285)
- Receivables within one year -€15,099
down €15,099 (-10.0%), from €150,577 to €135,478
of which Trade receivables: -€41,810
- Accrued charges and deferred income +€75,095
up €75,095 (+3,884%), from €1,933 to €77,028
- Trade debts -€71,814
down €71,814 (-44.3%), from €162,230 to €90,415
- Reserves +€54,285
up €54,285 (+35.1%), from €154,552 to €208,838
- Debts after one year -€26,300
down €26,300 (-6.9%), from €383,499 to €357,199
- Gross operating margin +€42,329
up €42,329 (+50.9%), from €83,155 to €125,484
- Taxes +€23,795
up €23,795 (+683%), from €3,486 to €27,281
- Staff costs -€17,283
down €17,283 (-97.3%), from €17,765 to €481
- Other operating charges -€6,796
down €6,796 (-92.3%), from €7,365 to €570
- Depreciation +€6,035
up €6,035 (+27.0%), from €22,376 to €28,410
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 | €820,844 | €860,819 | +€39,975 | +4.9% |
| Fixed assets | 21/28 | €656,893 | €654,255 | -€2,638 | -0.4% |
| Tangible fixed assets | 22/27 | €654,343 | €651,705 | -€2,638 | -0.4% |
| Land and buildings | 22 | €652,222 | €647,557 | -€4,665 | -0.7% |
| Plant, machinery and equipment | 23 | €0 | €3,543 | +€3,543 | |
| Furniture and vehicles | 24 | €2,121 | €605 | -€1,516 | -71.5% |
| Financial fixed assets | 28 | €2,550 | €2,550 | = | 0.0% |
| Current assets | 29/58 | €163,951 | €206,564 | +€42,613 | +26.0% |
| Stocks and contracts in progress | 3 | €2,402 | €2,831 | +€429 | +17.8% |
| Stocks | 30/36 | €2,402 | €2,831 | +€429 | +17.8% |
| Amounts receivable within one year | 40/41 | €150,577 | €135,478 | -€15,099 | -10.0% |
| Trade receivables | 40 | €98,466 | €56,657 | -€41,810 | -42.5% |
| Other amounts receivable | 41 | €52,110 | €78,821 | +€26,711 | +51.3% |
| Cash at bank and in hand | 54/58 | €7,313 | €63,181 | +€55,868 | +764% |
| Deferred charges and accrued income | 490/1 | €3,659 | €5,074 | +€1,415 | +38.7% |
| Total equity and liabilities | 10/49 | €820,844 | €860,819 | +€39,975 | +4.9% |
| Equity | 10/15 | €227,209 | €281,494 | +€54,285 | +23.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €154,552 | €208,838 | +€54,285 | +35.1% |
| Distributable reserves | 133 | €154,552 | €208,838 | +€54,285 | +35.1% |
| Profit (loss) carried forward | 14 | €52,657 | €52,657 | = | 0.0% |
| Amounts payable | 17/49 | €593,635 | €579,325 | -€14,310 | -2.4% |
| Amounts payable after more than one year | 17 | €383,499 | €357,199 | -€26,300 | -6.9% |
| Financial debts | 170/4 | €383,499 | €357,199 | -€26,300 | -6.9% |
| Amounts payable within one year | 42/48 | €208,202 | €145,097 | -€63,105 | -30.3% |
| Current portion of amounts payable after more than one year | 42 | €25,557 | €26,300 | +€743 | +2.9% |
| Trade debts | 44 | €162,230 | €90,415 | -€71,814 | -44.3% |
| Suppliers | 440/4 | €162,230 | €90,415 | -€71,814 | -44.3% |
| Taxes, remuneration and social security | 45 | €19,137 | €27,482 | +€8,345 | +43.6% |
| Taxes | 450/3 | €19,137 | €27,482 | +€8,345 | +43.6% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €1,279 | €900 | -€379 | -29.6% |
| Accrued charges and deferred income | 492/3 | €1,933 | €77,028 | +€75,095 | +3,884% |
| Remuneration, social security and pensions | 62 | €17,765 | €481 | -€17,283 | -97.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,376 | €28,410 | +€6,035 | +27.0% |
| Other operating charges | 640/8 | €7,365 | €570 | -€6,796 | -92.3% |
| Non-recurring operating charges | 66A | €4,076 | €0 | -€4,076 | -100% |
| Gross operating margin | 9900 | €83,155 | €125,484 | +€42,329 | +50.9% |
| Operating profit (loss) | 9901 | €31,573 | €96,023 | +€64,450 | +204% |
| Financial income | 75/76B | €1,116 | €3,275 | +€2,158 | +193% |
| Recurring financial income | 75 | €1,116 | €3,275 | +€2,158 | +193% |
| Financial charges | 65/66B | €22,090 | €17,731 | -€4,359 | -19.7% |
| Recurring financial charges | 65 | €22,090 | €17,731 | -€4,359 | -19.7% |
| Profit (loss) for the period before taxes | 9903 | €10,599 | €81,566 | +€70,967 | +670% |
| Income taxes | 67/77 | €3,486 | €27,281 | +€23,795 | +683% |
| Profit (loss) for the period | 9904 | €7,113 | €54,285 | +€47,173 | +663% |
| Profit (loss) for the period to be appropriated | 9905 | €7,113 | €54,285 | +€47,173 | +663% |
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 24 October 2026 via checked.be.