GEOBEVAN: 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.
GEOBEVAN
Largest movements
- Cash +€11,911
up €11,911 (+46.3%), from €25,725 to €37,636
mainly Net result for the year (+€23,477) and Current investments (+€1,600)
- Current investments -€1,600
down €1,600 (-5.7%), from €28,200 to €26,600
- Receivables within one year -€1,502
down €1,502 (-9.9%), from €15,125 to €13,623
of which Trade receivables: -€4,109
- Reserves +€23,477
up €23,477 (+78.0%), from €30,089 to €53,566
- Tax, wage and social debts -€9,684
down €9,684 (-80.7%), from €12,000 to €2,316
- Other debts -€3,170
down €3,170 (-48.6%), from €6,528 to €3,358
- Trade debts -€1,962
down €1,962 (-65.6%), from €2,993 to €1,031
- Gross operating margin -€7,126
down €7,126 (-18.0%), from €39,578 to €32,452
- Taxes -€1,759
down €1,759 (-20.7%), from €8,514 to €6,755
- Other operating charges +€1,023
up €1,023 (+606.1%), from €169 to €1,192
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.
Cash bridge derived
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 | €72,071 | €80,731 | +€8,661 | +12.0% |
| Current assets | 29/58 | €72,071 | €80,731 | +€8,661 | +12.0% |
| Amounts receivable within one year | 40/41 | €15,125 | €13,623 | -€1,502 | -9.9% |
| Trade receivables | 40 | €15,125 | €11,016 | -€4,109 | -27.2% |
| Other amounts receivable | 41 | - | €2,607 | +€2,607 | |
| Current investments | 50/53 | €28,200 | €26,600 | -€1,600 | -5.7% |
| Cash at bank and in hand | 54/58 | €25,725 | €37,636 | +€11,911 | +46.3% |
| Deferred charges and accrued income | 490/1 | €3,021 | €2,873 | -€148 | -4.9% |
| Total equity and liabilities | 10/49 | €72,071 | €80,731 | +€8,661 | +12.0% |
| Equity | 10/15 | €50,549 | €74,026 | +€23,477 | +46.4% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €30,089 | €53,566 | +€23,477 | +78.0% |
| Distributable reserves | 133 | €30,089 | €53,566 | +€23,477 | +78.0% |
| Amounts payable | 17/49 | €21,521 | €6,705 | -€14,816 | -68.8% |
| Amounts payable within one year | 42/48 | €21,521 | €6,705 | -€14,816 | -68.8% |
| Trade debts | 44 | €2,993 | €1,031 | -€1,962 | -65.6% |
| Suppliers | 440/4 | €2,993 | €1,031 | -€1,962 | -65.6% |
| Taxes, remuneration and social security | 45 | €12,000 | €2,316 | -€9,684 | -80.7% |
| Taxes | 450/3 | €12,000 | €2,316 | -€9,684 | -80.7% |
| Other amounts payable | 47/48 | €6,528 | €3,358 | -€3,170 | -48.6% |
| Other operating charges | 640/8 | €169 | €1,192 | +€1,023 | +606.1% |
| Gross operating margin | 9900 | €39,578 | €32,452 | -€7,126 | -18.0% |
| Operating profit (loss) | 9901 | €39,410 | €31,260 | -€8,149 | -20.7% |
| Financial income | 75/76B | €1,278 | €1,007 | -€270 | -21.2% |
| Recurring financial income | 75 | €1,278 | €1,007 | -€270 | -21.2% |
| Financial charges | 65/66B | €2,084 | €2,036 | -€48 | -2.3% |
| Recurring financial charges | 65 | €2,084 | €2,036 | -€48 | -2.3% |
| Profit (loss) for the period before taxes | 9903 | €38,604 | €30,232 | -€8,371 | -21.7% |
| Income taxes | 67/77 | €8,514 | €6,755 | -€1,759 | -20.7% |
| Profit (loss) for the period | 9904 | €30,089 | €23,477 | -€6,613 | -22.0% |
| Profit (loss) for the period to be appropriated | 9905 | €30,089 | €23,477 | -€6,613 | -22.0% |
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 10 October 2026 via checked.be.