GEODE-CONCEPT: 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-CONCEPT
Largest movements
- Cash -€14,962
down €14,962 (-22.7%), from €65,928 to €50,966
mainly Other debts (-€11,383) and Tax, wage and social debts (-€6,836)
- Tangible fixed assets -€6,870
down €6,870 (-53.3%), from €12,885 to €6,015
of which Furniture and vehicles: -€6,590
- Receivables within one year +€4,300
up €4,300 (+174%), from €2,466 to €6,766
of which Trade receivables: +€2,748
- Other debts -€11,383
down €11,383 (-80.3%), from €14,177 to €2,794
- Tax, wage and social debts -€6,836
down €6,836 (-66.5%), from €10,283 to €3,447
- Gross operating margin -€22,353
down €22,353 (-69.3%), from €32,279 to €9,926
- Taxes -€5,852
down €5,852 (-79.3%), from €7,377 to €1,525
- Depreciation -€820
down €820 (-10.7%), from €7,690 to €6,870
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €83,578 | €66,098 | -€17,480 | -20.9% |
| Fixed assets | 21/28 | €12,885 | €6,015 | -€6,870 | -53.3% |
| Tangible fixed assets | 22/27 | €12,885 | €6,015 | -€6,870 | -53.3% |
| Furniture and vehicles | 24 | €10,340 | €3,750 | -€6,590 | -63.7% |
| Other tangible fixed assets | 26 | €2,545 | €2,265 | -€280 | -11.0% |
| Current assets | 29/58 | €70,692 | €60,082 | -€10,610 | -15.0% |
| Amounts receivable within one year | 40/41 | €2,466 | €6,766 | +€4,300 | +174% |
| Trade receivables | 40 | €1,497 | €4,245 | +€2,748 | +183% |
| Other amounts receivable | 41 | €969 | €2,521 | +€1,552 | +160% |
| Cash at bank and in hand | 54/58 | €65,928 | €50,966 | -€14,962 | -22.7% |
| Deferred charges and accrued income | 490/1 | €2,298 | €2,350 | +€52 | +2.3% |
| Total equity and liabilities | 10/49 | €83,578 | €66,098 | -€17,480 | -20.9% |
| Equity | 10/15 | €57,969 | €58,345 | +€376 | +0.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €47,964 | €47,964 | = | 0.0% |
| Distributable reserves | 133 | €47,964 | €47,964 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,805 | €4,181 | +€376 | +9.9% |
| Amounts payable | 17/49 | €25,609 | €7,753 | -€17,856 | -69.7% |
| Amounts payable within one year | 42/48 | €25,609 | €7,753 | -€17,856 | -69.7% |
| Trade debts | 44 | €1,148 | €1,512 | +€364 | +31.7% |
| Suppliers | 440/4 | €1,148 | €1,512 | +€364 | +31.7% |
| Taxes, remuneration and social security | 45 | €10,283 | €3,447 | -€6,836 | -66.5% |
| Taxes | 450/3 | €10,283 | €3,447 | -€6,836 | -66.5% |
| Other amounts payable | 47/48 | €14,177 | €2,794 | -€11,383 | -80.3% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,690 | €6,870 | -€820 | -10.7% |
| Other operating charges | 640/8 | €864 | €933 | +€68 | +7.9% |
| Gross operating margin | 9900 | €32,279 | €9,926 | -€22,353 | -69.3% |
| Operating profit (loss) | 9901 | €23,725 | €2,123 | -€21,602 | -91.1% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €342 | €222 | -€120 | -35.0% |
| Recurring financial charges | 65 | €342 | €222 | -€120 | -35.0% |
| Profit (loss) for the period before taxes | 9903 | €23,383 | €1,901 | -€21,482 | -91.9% |
| Income taxes | 67/77 | €7,377 | €1,525 | -€5,852 | -79.3% |
| Profit (loss) for the period | 9904 | €16,006 | €376 | -€15,630 | -97.7% |
| Profit (loss) for the period to be appropriated | 9905 | €16,006 | €376 | -€15,630 | -97.7% |
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 15 October 2026 via checked.be.