GEO-WISE: 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-WISE
Largest movements
- Cash -€4,454
down €4,454 (-9.8%), from €45,623 to €41,169
mainly Receivables within one year (-€3,544) and Deferred charges and accrued income (-€1,838)
- Receivables within one year +€3,544
up €3,544 (+4,847%), from €73 to €3,617
of which Trade receivables: +€1,893
- Deferred charges and accrued income +€1,838
up €1,838 (+135%), from €1,363 to €3,201
- Tangible fixed assets -€700
down €700 (-40.5%), from €1,727 to €1,027
- Reserves +€2,464
up €2,464 (+6.9%), from €35,504 to €37,968
- Trade debts -€770
down €770 (-34.3%), from €2,247 to €1,477
- Tax, wage and social debts -€699
no longer reported in 2025 (was €699)
- Gross operating margin +€17,298
up €17,298, from -€12,768 to €4,530
- Depreciation -€326
down €326 (-31.8%), from €1,025 to €700
- Other operating charges +€208
up €208 (+35.4%), from €589 to €797
- Financial charges +€130
up €130 (+33.2%), from €391 to €520
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 | €48,786 | €49,014 | +€228 | +0.5% |
| Fixed assets | 21/28 | €1,727 | €1,027 | -€700 | -40.5% |
| Tangible fixed assets | 22/27 | €1,727 | €1,027 | -€700 | -40.5% |
| Furniture and vehicles | 24 | €1,727 | €1,027 | -€700 | -40.5% |
| Current assets | 29/58 | €47,060 | €47,988 | +€928 | +2.0% |
| Amounts receivable within one year | 40/41 | €73 | €3,617 | +€3,544 | +4,847% |
| Trade receivables | 40 | - | €1,893 | +€1,893 | |
| Other amounts receivable | 41 | €73 | €1,725 | +€1,651 | +2,259% |
| Cash at bank and in hand | 54/58 | €45,623 | €41,169 | -€4,454 | -9.8% |
| Deferred charges and accrued income | 490/1 | €1,363 | €3,201 | +€1,838 | +135% |
| Total equity and liabilities | 10/49 | €48,786 | €49,014 | +€228 | +0.5% |
| Equity | 10/15 | €45,004 | €47,468 | +€2,464 | +5.5% |
| Contributions | 10/11 | €9,500 | €9,500 | = | 0.0% |
| Reserves | 13 | €35,504 | €37,968 | +€2,464 | +6.9% |
| Distributable reserves | 133 | €35,504 | €37,968 | +€2,464 | +6.9% |
| Amounts payable | 17/49 | €3,782 | €1,546 | -€2,236 | -59.1% |
| Amounts payable within one year | 42/48 | €3,782 | €1,546 | -€2,236 | -59.1% |
| Financial debts | 43 | €408 | - | -€408 | |
| Credit institutions | 430/8 | €408 | - | -€408 | |
| Trade debts | 44 | €2,247 | €1,477 | -€770 | -34.3% |
| Suppliers | 440/4 | €2,247 | €1,477 | -€770 | -34.3% |
| Taxes, remuneration and social security | 45 | €699 | - | -€699 | |
| Taxes | 450/3 | €699 | - | -€699 | |
| Other amounts payable | 47/48 | €427 | €69 | -€358 | -83.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,025 | €700 | -€326 | -31.8% |
| Other operating charges | 640/8 | €589 | €797 | +€208 | +35.4% |
| Gross operating margin | 9900 | -€12,768 | €4,530 | +€17,298 | |
| Operating profit (loss) | 9901 | -€14,382 | €3,033 | +€17,415 | |
| Financial income | 75/76B | - | €7 | +€7 | |
| Recurring financial income | 75 | - | €7 | +€7 | |
| Financial charges | 65/66B | €391 | €520 | +€130 | +33.2% |
| Recurring financial charges | 65 | €391 | €520 | +€130 | +33.2% |
| Profit (loss) for the period before taxes | 9903 | -€14,773 | €2,519 | +€17,292 | |
| Income taxes | 67/77 | €127 | €56 | -€71 | -56.1% |
| Profit (loss) for the period | 9904 | -€14,900 | €2,464 | +€17,363 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,900 | €2,464 | +€17,363 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.