GEODE: 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.
GEODE
Largest movements
- Cash -€38,579
down €38,579 (-10.6%), from €365,219 to €326,640
mainly Net result for the year (-€41,363) and Deferred charges and accrued income (-€2,179)
- Profit (loss) carried forward -€41,363
down €41,363 (-12.3%), from €335,223 to €293,860
- Staff costs +€23,224
up €23,224 (+11.6%), from €200,738 to €223,962
- Gross operating margin -€8,178
down €8,178 (-4.2%), from €193,111 to €184,932
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 | €371,781 | €333,802 | -€37,978 | -10.2% |
| Fixed assets | 21/28 | - | €1,327 | +€1,327 | |
| Tangible fixed assets | 22/27 | - | €1,327 | +€1,327 | |
| Plant, machinery and equipment | 23 | - | €1,327 | +€1,327 | |
| Current assets | 29/58 | €371,781 | €332,476 | -€39,305 | -10.6% |
| Amounts receivable within one year | 40/41 | €5,707 | €2,802 | -€2,905 | -50.9% |
| Trade receivables | 40 | €2,030 | €230 | -€1,800 | -88.7% |
| Other amounts receivable | 41 | €3,677 | €2,572 | -€1,105 | -30.1% |
| Cash at bank and in hand | 54/58 | €365,219 | €326,640 | -€38,579 | -10.6% |
| Deferred charges and accrued income | 490/1 | €855 | €3,034 | +€2,179 | +254.9% |
| Total equity and liabilities | 10/49 | €371,781 | €333,802 | -€37,978 | -10.2% |
| Equity | 10/15 | €335,223 | €293,860 | -€41,363 | -12.3% |
| Profit (loss) carried forward | 14 | €335,223 | €293,860 | -€41,363 | -12.3% |
| Amounts payable | 17/49 | €36,558 | €39,943 | +€3,385 | +9.3% |
| Amounts payable within one year | 42/48 | €36,558 | €39,943 | +€3,385 | +9.3% |
| Trade debts | 44 | €17,212 | €19,497 | +€2,286 | +13.3% |
| Suppliers | 440/4 | €17,212 | €19,497 | +€2,286 | +13.3% |
| Taxes, remuneration and social security | 45 | €19,346 | €20,445 | +€1,099 | +5.7% |
| Remuneration and social security | 454/9 | €19,346 | €20,445 | +€1,099 | +5.7% |
| Remuneration, social security and pensions | 62 | €200,738 | €223,962 | +€23,224 | +11.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €492 | +€492 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €243 | €424 | +€181 | +74.7% |
| Gross operating margin | 9900 | €193,111 | €184,932 | -€8,178 | -4.2% |
| Operating profit (loss) | 9901 | -€7,870 | -€39,946 | -€32,076 | -407.6% |
| Financial income | 75/76B | - | €10 | +€10 | |
| Recurring financial income | 75 | - | €10 | +€10 | |
| Financial charges | 65/66B | €1,290 | €1,427 | +€137 | +10.6% |
| Recurring financial charges | 65 | €1,290 | €1,427 | +€137 | +10.6% |
| Profit (loss) for the period before taxes | 9903 | -€9,161 | -€41,363 | -€32,202 | -351.5% |
| Profit (loss) for the period | 9904 | -€9,161 | -€41,363 | -€32,202 | -351.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,161 | -€41,363 | -€32,202 | -351.5% |
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 11 October 2026 via checked.be.