Géode Groupe: 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.
Géode Groupe
Largest movements
- Cash -€109,149
down €109,149 (-58.2%), from €187,464 to €78,314
mainly Current investments (-€101,025) and Contributions, distributions and other (-€55,000)
- Current investments +€101,025
new in 2025: €101,025
- Receivables within one year -€33,732
down €33,732 (-55.5%), from €60,729 to €26,997
of which Trade receivables: -€33,206
- Tangible fixed assets +€26,960
up €26,960 (+14.4%), from €187,497 to €214,457
of which Land and buildings: +€29,625
- Other debts +€37,740
up €37,740 (+553%), from €6,829 to €44,569
- Reserves -€26,400
down €26,400 (-9.5%), from €279,260 to €252,860
of which Tax-exempt reserves: -€21,400
- Debts after one year -€17,523
down €17,523 (-16.2%), from €107,835 to €90,312
- Tax, wage and social debts -€6,216
down €6,216 (-50.6%), from €12,276 to €6,060
- Gross operating margin -€34,431
down €34,431 (-34.1%), from €101,009 to €66,578
- Other operating charges -€10,643
down €10,643 (-81.9%), from €12,989 to €2,346
- Financial income +€1,465
new in 2025: €1,465
- Financial charges -€1,021
down €1,021 (-14.3%), from €7,121 to €6,099
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 | €438,268 | €424,332 | -€13,936 | -3.2% |
| Fixed assets | 21/28 | €187,497 | €214,457 | +€26,960 | +14.4% |
| Tangible fixed assets | 22/27 | €187,497 | €214,457 | +€26,960 | +14.4% |
| Land and buildings | 22 | €175,941 | €205,566 | +€29,625 | +16.8% |
| Plant, machinery and equipment | 23 | €11,557 | €8,891 | -€2,665 | -23.1% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €250,771 | €209,875 | -€40,896 | -16.3% |
| Stocks and contracts in progress | 3 | €2,578 | €2,578 | = | 0.0% |
| Stocks | 30/36 | €2,578 | €2,578 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €60,729 | €26,997 | -€33,732 | -55.5% |
| Trade receivables | 40 | €59,353 | €26,147 | -€33,206 | -55.9% |
| Other amounts receivable | 41 | €1,376 | €850 | -€525 | -38.2% |
| Current investments | 50/53 | - | €101,025 | +€101,025 | |
| Cash at bank and in hand | 54/58 | €187,464 | €78,314 | -€109,149 | -58.2% |
| Deferred charges and accrued income | 490/1 | - | €960 | +€960 | |
| Total equity and liabilities | 10/49 | €438,268 | €424,332 | -€13,936 | -3.2% |
| Equity | 10/15 | €287,241 | €261,308 | -€25,933 | -9.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €279,260 | €252,860 | -€26,400 | -9.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €21,400 | €0 | -€21,400 | -100% |
| Distributable reserves | 133 | €256,000 | €251,000 | -€5,000 | -2.0% |
| Profit (loss) carried forward | 14 | €1,781 | €2,248 | +€467 | +26.2% |
| Amounts payable | 17/49 | €151,027 | €163,024 | +€11,997 | +7.9% |
| Amounts payable after more than one year | 17 | €107,835 | €90,312 | -€17,523 | -16.2% |
| Financial debts | 170/4 | €107,835 | €90,312 | -€17,523 | -16.2% |
| Amounts payable within one year | 42/48 | €43,191 | €72,711 | +€29,520 | +68.3% |
| Current portion of amounts payable after more than one year | 42 | €16,695 | €17,523 | +€828 | +5.0% |
| Trade debts | 44 | €7,391 | €4,559 | -€2,832 | -38.3% |
| Suppliers | 440/4 | €7,391 | €4,559 | -€2,832 | -38.3% |
| Taxes, remuneration and social security | 45 | €12,276 | €6,060 | -€6,216 | -50.6% |
| Taxes | 450/3 | €12,276 | €6,060 | -€6,216 | -50.6% |
| Other amounts payable | 47/48 | €6,829 | €44,569 | +€37,740 | +553% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,040 | €11,040 | -€0 | 0.0% |
| Other operating charges | 640/8 | €12,989 | €2,346 | -€10,643 | -81.9% |
| Gross operating margin | 9900 | €101,009 | €66,578 | -€34,431 | -34.1% |
| Operating profit (loss) | 9901 | €76,980 | €53,191 | -€23,788 | -30.9% |
| Financial income | 75/76B | - | €1,465 | +€1,465 | |
| Recurring financial income | 75 | - | €1,465 | +€1,465 | |
| Financial charges | 65/66B | €7,121 | €6,099 | -€1,021 | -14.3% |
| Recurring financial charges | 65 | €7,121 | €6,099 | -€1,021 | -14.3% |
| Profit (loss) for the period before taxes | 9903 | €69,859 | €48,557 | -€21,302 | -30.5% |
| Income taxes | 67/77 | €19,150 | €19,490 | +€341 | +1.8% |
| Profit (loss) for the period | 9904 | €50,709 | €29,067 | -€21,643 | -42.7% |
| Transfer from tax-exempt reserves | 789 | - | €21,400 | +€21,400 | |
| Profit (loss) for the period to be appropriated | 9905 | €50,709 | €50,467 | -€243 | -0.5% |
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 26 October 2026 via checked.be.