GEOBY: what changed
Two fiscal 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.
GEOBY
Largest movements
- Cash +€13,696
up €13,696 (+19.6%), from €69,760 to €83,456
mainly Net result for the year (+€15,720) and Depreciation (+€11,471)
- Tangible fixed assets -€6,764
down €6,764 (-18.1%), from €37,353 to €30,590
of which Other tangible fixed assets: -€3,771
- Receivables within one year -€4,272
down €4,272 (-13.5%), from €31,681 to €27,409
of which Other amounts receivable: -€3,392
- Stocks and contracts +€2,065
up €2,065 (+4.3%), from €47,788 to €49,854
- Reserves +€15,720
up €15,720 (+17.4%), from €90,495 to €106,215
- Debts after one year -€9,311
down €9,311 (-100.0%), from €9,311 to €0
- Trade debts +€8,465
up €8,465 (+43.0%), from €19,669 to €28,134
- Other debts -€7,248
down €7,248 (-23.2%), from €31,247 to €23,999
- Current portion of long-term debt -€5,927
down €5,927 (-38.9%), from €15,238 to €9,311
- Gross operating margin -€5,764
down €5,764 (-13.3%), from €43,466 to €37,702
- Financial charges +€620
up €620 (+45.0%), from €1,377 to €1,996
- Other operating charges +€578
up €578 (+30.7%), from €1,882 to €2,460
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 | €191,563 | €195,814 | +€4,251 | +2.2% |
| Fixed assets | 21/28 | €40,469 | €33,443 | -€7,026 | -17.4% |
| Intangible fixed assets | 21 | €3,116 | €2,853 | -€263 | -8.4% |
| Tangible fixed assets | 22/27 | €37,353 | €30,590 | -€6,764 | -18.1% |
| Plant, machinery and equipment | 23 | €3,648 | €2,968 | -€680 | -18.7% |
| Furniture and vehicles | 24 | €10,076 | €7,764 | -€2,312 | -22.9% |
| Other tangible fixed assets | 26 | €23,629 | €19,858 | -€3,771 | -16.0% |
| Current assets | 29/58 | €151,094 | €162,371 | +€11,278 | +7.5% |
| Stocks and contracts in progress | 3 | €47,788 | €49,854 | +€2,065 | +4.3% |
| Stocks | 30/36 | €47,788 | €49,854 | +€2,065 | +4.3% |
| Amounts receivable within one year | 40/41 | €31,681 | €27,409 | -€4,272 | -13.5% |
| Trade receivables | 40 | €25,325 | €24,445 | -€880 | -3.5% |
| Other amounts receivable | 41 | €6,357 | €2,964 | -€3,392 | -53.4% |
| Cash at bank and in hand | 54/58 | €69,760 | €83,456 | +€13,696 | +19.6% |
| Deferred charges and accrued income | 490/1 | €1,864 | €1,652 | -€212 | -11.4% |
| Total equity and liabilities | 10/49 | €191,563 | €195,814 | +€4,251 | +2.2% |
| Equity | 10/15 | €100,495 | €116,215 | +€15,720 | +15.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €90,495 | €106,215 | +€15,720 | +17.4% |
| Distributable reserves | 133 | €90,495 | €106,215 | +€15,720 | +17.4% |
| Amounts payable | 17/49 | €91,068 | €79,599 | -€11,469 | -12.6% |
| Amounts payable after more than one year | 17 | €9,311 | €0 | -€9,311 | -100.0% |
| Financial debts | 170/4 | €9,311 | €0 | -€9,311 | -100.0% |
| Amounts payable within one year | 42/48 | €80,472 | €78,330 | -€2,142 | -2.7% |
| Current portion of amounts payable after more than one year | 42 | €15,238 | €9,311 | -€5,927 | -38.9% |
| Trade debts | 44 | €19,669 | €28,134 | +€8,465 | +43.0% |
| Suppliers | 440/4 | €19,669 | €28,134 | +€8,465 | +43.0% |
| Advances received on contracts in progress | 46 | €2,145 | €1,250 | -€895 | -41.7% |
| Taxes, remuneration and social security | 45 | €12,172 | €15,635 | +€3,463 | +28.4% |
| Taxes | 450/3 | €12,172 | €15,635 | +€3,463 | +28.4% |
| Remuneration and social security | 454/9 | - | €0 | = | |
| Other amounts payable | 47/48 | €31,247 | €23,999 | -€7,248 | -23.2% |
| Accrued charges and deferred income | 492/3 | €1,285 | €1,270 | -€16 | -1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,663 | €11,471 | -€191 | -1.6% |
| Other operating charges | 640/8 | €1,882 | €2,460 | +€578 | +30.7% |
| Gross operating margin | 9900 | €43,466 | €37,702 | -€5,764 | -13.3% |
| Operating profit (loss) | 9901 | €29,921 | €23,771 | -€6,150 | -20.6% |
| Financial income | 75/76B | €237 | €594 | +€357 | +150.3% |
| Recurring financial income | 75 | €237 | €594 | +€357 | +150.3% |
| Financial charges | 65/66B | €1,377 | €1,996 | +€620 | +45.0% |
| Recurring financial charges | 65 | €1,377 | €1,996 | +€620 | +45.0% |
| Profit (loss) for the period before taxes | 9903 | €28,782 | €22,369 | -€6,413 | -22.3% |
| Income taxes | 67/77 | €6,381 | €6,648 | +€268 | +4.2% |
| Profit (loss) for the period | 9904 | €22,401 | €15,720 | -€6,681 | -29.8% |
| Profit (loss) for the period to be appropriated | 9905 | €22,401 | €15,720 | -€6,681 | -29.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.