GEOCONSTRUCT: 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.
GEOCONSTRUCT
Largest movements
- Cash +€18,980
up €18,980 (+72.0%), from €26,344 to €45,325
mainly Other debts (+€13,613) and Depreciation (+€10,327)
- Tangible fixed assets -€3,049
down €3,049 (-8.0%), from €38,004 to €34,955
of which Plant, machinery and equipment: -€4,473
- Receivables within one year -€1,979
down €1,979 (-16.4%), from €12,088 to €10,109
of which Other amounts receivable: -€3,163
- Other debts +€13,613
up €13,613 (+16.6%), from €81,948 to €95,561
- Profit (loss) carried forward +€3,943
up €3,943 (+11.5%), from -€34,246 to -€30,304
- Trade debts -€2,118
down €2,118 (-100%), from €2,118 to €0
- Tax, wage and social debts -€1,367
down €1,367 (-35.5%), from €3,851 to €2,484
of which Remuneration and social security: -€3,390
- Gross operating margin +€17,842
up €17,842 (+1,393%), from €1,281 to €19,123
- Other operating charges +€3,764
up €3,764 (+525%), from €716 to €4,481
- Depreciation +€3,511
up €3,511 (+51.5%), from €6,816 to €10,327
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 | €79,311 | €93,381 | +€14,070 | +17.7% |
| Fixed assets | 21/28 | €38,004 | €34,955 | -€3,049 | -8.0% |
| Tangible fixed assets | 22/27 | €38,004 | €34,955 | -€3,049 | -8.0% |
| Plant, machinery and equipment | 23 | €37,310 | €32,837 | -€4,473 | -12.0% |
| Furniture and vehicles | 24 | €695 | €2,118 | +€1,424 | +205% |
| Other tangible fixed assets | 26 | - | €0 | = | |
| Current assets | 29/58 | €41,307 | €58,427 | +€17,119 | +41.4% |
| Amounts receivable within one year | 40/41 | €12,088 | €10,109 | -€1,979 | -16.4% |
| Trade receivables | 40 | €8,924 | €10,108 | +€1,184 | +13.3% |
| Other amounts receivable | 41 | €3,164 | €1 | -€3,163 | -100.0% |
| Cash at bank and in hand | 54/58 | €26,344 | €45,325 | +€18,980 | +72.0% |
| Deferred charges and accrued income | 490/1 | €2,875 | €2,993 | +€118 | +4.1% |
| Total equity and liabilities | 10/49 | €79,311 | €93,381 | +€14,070 | +17.7% |
| Equity | 10/15 | -€8,606 | -€4,664 | +€3,943 | +45.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €7,040 | €7,040 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,040 | €7,040 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €7,040 | +€5,180 | +278% |
| Own shares acquired | 1312 | €5,180 | - | -€5,180 | |
| Profit (loss) carried forward | 14 | -€34,246 | -€30,304 | +€3,943 | +11.5% |
| Amounts payable | 17/49 | €87,918 | €98,045 | +€10,127 | +11.5% |
| Amounts payable within one year | 42/48 | €87,918 | €98,045 | +€10,127 | +11.5% |
| Trade debts | 44 | €2,118 | €0 | -€2,118 | -100% |
| Suppliers | 440/4 | €2,118 | €0 | -€2,118 | -100% |
| Taxes, remuneration and social security | 45 | €3,851 | €2,484 | -€1,367 | -35.5% |
| Taxes | 450/3 | €461 | €2,484 | +€2,023 | +439% |
| Remuneration and social security | 454/9 | €3,390 | €0 | -€3,390 | -100% |
| Other amounts payable | 47/48 | €81,948 | €95,561 | +€13,613 | +16.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,816 | €10,327 | +€3,511 | +51.5% |
| Other operating charges | 640/8 | €716 | €4,481 | +€3,764 | +525% |
| Gross operating margin | 9900 | €1,281 | €19,123 | +€17,842 | +1,393% |
| Operating profit (loss) | 9901 | -€6,252 | €4,316 | +€10,567 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €203 | €233 | +€31 | +15.2% |
| Recurring financial charges | 65 | €203 | €233 | +€31 | +15.2% |
| Profit (loss) for the period before taxes | 9903 | -€6,454 | €4,082 | +€10,536 | |
| Income taxes | 67/77 | €161 | €140 | -€21 | -13.2% |
| Profit (loss) for the period | 9904 | -€6,615 | €3,943 | +€10,558 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,615 | €3,943 | +€10,558 |
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 22 October 2026 via checked.be.