GEOCLEAN: 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.
GEOCLEAN
Largest movements
- Cash +€8,253
up €8,253 (+18.8%), from €43,892 to €52,144
mainly Net result for the year (+€17,596) and Tax, wage and social debts (+€8,361)
- Receivables within one year +€8,009
up €8,009 (+49.2%), from €16,265 to €24,274
- Deferred charges and accrued income -€1,643
down €1,643 (-20.0%), from €8,224 to €6,580
- Profit (loss) carried forward +€17,596
up €17,596 (+62.4%), from €28,195 to €45,790
- Other debts -€14,048
down €14,048 (-53.3%), from €26,366 to €12,318
- Tax, wage and social debts +€8,361
up €8,361 (+75.1%), from €11,138 to €19,499
- Trade debts +€2,111
new in 2024: €2,111
- Gross operating margin -€11,261
down €11,261 (-26.8%), from €42,020 to €30,759
- Taxes -€2,670
down €2,670 (-27.2%), from €9,824 to €7,155
- Other operating charges +€1,216
up €1,216 (+352.4%), from €345 to €1,560
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €70,567 | €84,587 | +€14,020 | +19.9% |
| Fixed assets | 21/28 | €2,187 | €1,589 | -€598 | -27.4% |
| Tangible fixed assets | 22/27 | €2,096 | €1,498 | -€598 | -28.5% |
| Plant, machinery and equipment | 23 | €1,298 | €974 | -€325 | -25.0% |
| Furniture and vehicles | 24 | €798 | €524 | -€274 | -34.3% |
| Financial fixed assets | 28 | €91 | €91 | = | 0.0% |
| Current assets | 29/58 | €68,380 | €82,998 | +€14,618 | +21.4% |
| Amounts receivable within one year | 40/41 | €16,265 | €24,274 | +€8,009 | +49.2% |
| Trade receivables | 40 | €16,265 | €24,274 | +€8,009 | +49.2% |
| Cash at bank and in hand | 54/58 | €43,892 | €52,144 | +€8,253 | +18.8% |
| Deferred charges and accrued income | 490/1 | €8,224 | €6,580 | -€1,643 | -20.0% |
| Total equity and liabilities | 10/49 | €70,567 | €84,587 | +€14,020 | +19.9% |
| Equity | 10/15 | €30,195 | €47,790 | +€17,596 | +58.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,195 | €45,790 | +€17,596 | +62.4% |
| Provisions and deferred taxes | 16 | €2,868 | €2,868 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €2,868 | €2,868 | = | 0.0% |
| Other liabilities and charges | 164/5 | €2,868 | €2,868 | = | 0.0% |
| Amounts payable | 17/49 | €37,504 | €33,928 | -€3,576 | -9.5% |
| Amounts payable within one year | 42/48 | €37,504 | €33,928 | -€3,576 | -9.5% |
| Trade debts | 44 | - | €2,111 | +€2,111 | |
| Suppliers | 440/4 | - | €2,111 | +€2,111 | |
| Taxes, remuneration and social security | 45 | €11,138 | €19,499 | +€8,361 | +75.1% |
| Taxes | 450/3 | €11,138 | €19,499 | +€8,361 | +75.1% |
| Other amounts payable | 47/48 | €26,366 | €12,318 | -€14,048 | -53.3% |
| Remuneration, social security and pensions | 62 | - | €311 | +€311 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €349 | €598 | +€250 | +71.5% |
| Other operating charges | 640/8 | €345 | €1,560 | +€1,216 | +352.4% |
| Gross operating margin | 9900 | €42,020 | €30,759 | -€11,261 | -26.8% |
| Operating profit (loss) | 9901 | €41,326 | €28,289 | -€13,037 | -31.5% |
| Financial income | 75/76B | €1 | €0 | -€1 | -100.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100.0% |
| Financial charges | 65/66B | €3,308 | €3,539 | +€231 | +7.0% |
| Recurring financial charges | 65 | €3,308 | €3,539 | +€231 | +7.0% |
| Profit (loss) for the period before taxes | 9903 | €38,019 | €24,750 | -€13,269 | -34.9% |
| Income taxes | 67/77 | €9,824 | €7,155 | -€2,670 | -27.2% |
| Profit (loss) for the period | 9904 | €28,195 | €17,596 | -€10,599 | -37.6% |
| Profit (loss) for the period to be appropriated | 9905 | €28,195 | €17,596 | -€10,599 | -37.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.