GEOCON TRADING: 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.
GEOCON TRADING
Largest movements
- Receivables within one year -€13,899
down €13,899 (-50.5%), from €27,533 to €13,634
of which Trade receivables: -€11,944
- Tangible fixed assets +€7,255
up €7,255, from €0 to €7,255
of which Furniture and vehicles: +€7,255
- Stocks and contracts -€5,399
down €5,399 (-25.5%), from €21,194 to €15,795
- Advances received -€60,726
no longer reported in 2025 (was €60,726)
- Profit (loss) carried forward +€30,169
up €30,169, from -€18,429 to €11,740
- Other debts +€20,017
new in 2025: €20,017
- Trade debts -€5,257
down €5,257 (-92.3%), from €5,693 to €436
- Tax, wage and social debts +€3,491
up €3,491 (+289.9%), from €1,204 to €4,695
- Gross operating margin +€60,185
up €60,185, from -€410 to €59,774
- Staff costs +€23,814
new in 2025: €23,814
- Other operating charges +€2,870
up €2,870 (+5414.5%), from €53 to €2,923
- Taxes +€1,526
new in 2025: €1,526
- Depreciation +€830
up €830 (+385.3%), from €215 to €1,045
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 | €54,194 | €41,888 | -€12,307 | -22.7% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €5,175 | €12,430 | +€7,255 | +140.2% |
| Tangible fixed assets | 22/27 | €0 | €7,255 | +€7,255 | |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | - | €7,255 | +€7,255 | |
| Financial fixed assets | 28 | €5,175 | €5,175 | = | 0.0% |
| Current assets | 29/58 | €49,019 | €29,457 | -€19,562 | -39.9% |
| Stocks and contracts in progress | 3 | €21,194 | €15,795 | -€5,399 | -25.5% |
| Stocks | 30/36 | €21,194 | €15,795 | -€5,399 | -25.5% |
| Amounts receivable within one year | 40/41 | €27,533 | €13,634 | -€13,899 | -50.5% |
| Trade receivables | 40 | €23,828 | €11,885 | -€11,944 | -50.1% |
| Other amounts receivable | 41 | €3,705 | €1,750 | -€1,955 | -52.8% |
| Cash at bank and in hand | 54/58 | €27 | €29 | +€2 | +7.3% |
| Deferred charges and accrued income | 490/1 | €265 | €0 | -€265 | -100.0% |
| Total equity and liabilities | 10/49 | €54,194 | €41,888 | -€12,307 | -22.7% |
| Equity | 10/15 | -€13,429 | €16,740 | +€30,169 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,429 | €11,740 | +€30,169 | |
| Amounts payable | 17/49 | €67,623 | €25,148 | -€42,476 | -62.8% |
| Amounts payable within one year | 42/48 | €67,623 | €25,148 | -€42,476 | -62.8% |
| Trade debts | 44 | €5,693 | €436 | -€5,257 | -92.3% |
| Suppliers | 440/4 | €5,693 | €436 | -€5,257 | -92.3% |
| Advances received on contracts in progress | 46 | €60,726 | - | -€60,726 | |
| Taxes, remuneration and social security | 45 | €1,204 | €4,695 | +€3,491 | +289.9% |
| Taxes | 450/3 | €1,204 | €4,695 | +€3,491 | +289.9% |
| Other amounts payable | 47/48 | - | €20,017 | +€20,017 | |
| Remuneration, social security and pensions | 62 | - | €23,814 | +€23,814 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €215 | €1,045 | +€830 | +385.3% |
| Other operating charges | 640/8 | €53 | €2,923 | +€2,870 | +5414.5% |
| Non-recurring operating charges | 66A | €1,350 | - | -€1,350 | |
| Gross operating margin | 9900 | -€410 | €59,774 | +€60,185 | |
| Operating profit (loss) | 9901 | -€2,028 | €31,993 | +€34,022 | |
| Financial charges | 65/66B | €277 | €299 | +€22 | +7.9% |
| Recurring financial charges | 65 | €277 | €299 | +€22 | +7.9% |
| Profit (loss) for the period before taxes | 9903 | -€2,305 | €31,695 | +€34,000 | |
| Income taxes | 67/77 | - | €1,526 | +€1,526 | |
| Profit (loss) for the period | 9904 | -€2,305 | €30,169 | +€32,474 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,305 | €30,169 | +€32,474 |
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 8 October 2026 via checked.be.