GEODES: 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.
GEODES
Largest movements
- Current investments +€21,652
up €21,652 (+51.4%), from €42,088 to €63,740
- Cash -€21,443
down €21,443 (-28.9%), from €74,086 to €52,643
mainly Contributions, distributions and other (-€25,000) and Current investments (-€21,652)
- Tangible fixed assets +€10,578
up €10,578 (+367.7%), from €2,877 to €13,455
of which Other tangible fixed assets: +€8,714
- Receivables within one year +€8,164
up €8,164 (+31.2%), from €26,134 to €34,298
of which Other amounts receivable: +€8,260
- Other debts +€19,000
up €19,000 (+316.7%), from €6,000 to €25,000
- Trade debts +€3,967
up €3,967 (+140.4%), from €2,826 to €6,792
- Tax, wage and social debts -€2,526
down €2,526 (-53.3%), from €4,741 to €2,215
- Financial income +€3,481
up €3,481 (+364.3%), from €956 to €4,437
- Depreciation +€1,788
up €1,788 (+175.7%), from €1,018 to €2,806
- Gross operating margin +€1,009
up €1,009 (+3.1%), from €32,502 to €33,511
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 | €151,250 | €170,882 | +€19,632 | +13.0% |
| Fixed assets | 21/28 | €2,877 | €13,455 | +€10,578 | +367.7% |
| Tangible fixed assets | 22/27 | €2,877 | €13,455 | +€10,578 | +367.7% |
| Plant, machinery and equipment | 23 | €662 | €283 | -€379 | -57.2% |
| Furniture and vehicles | 24 | €532 | €2,774 | +€2,243 | +421.8% |
| Other tangible fixed assets | 26 | €1,683 | €10,397 | +€8,714 | +517.7% |
| Current assets | 29/58 | €148,372 | €157,426 | +€9,054 | +6.1% |
| Amounts receivable within one year | 40/41 | €26,134 | €34,298 | +€8,164 | +31.2% |
| Trade receivables | 40 | €20,307 | €20,211 | -€96 | -0.5% |
| Other amounts receivable | 41 | €5,827 | €14,087 | +€8,260 | +141.7% |
| Current investments | 50/53 | €42,088 | €63,740 | +€21,652 | +51.4% |
| Cash at bank and in hand | 54/58 | €74,086 | €52,643 | -€21,443 | -28.9% |
| Deferred charges and accrued income | 490/1 | €6,065 | €6,745 | +€680 | +11.2% |
| Total equity and liabilities | 10/49 | €151,250 | €170,882 | +€19,632 | +13.0% |
| Equity | 10/15 | €137,431 | €136,691 | -€739 | -0.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €125,031 | €124,291 | -€739 | -0.6% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €125,031 | €124,291 | -€739 | -0.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €13,819 | €34,190 | +€20,371 | +147.4% |
| Amounts payable within one year | 42/48 | €13,567 | €34,007 | +€20,441 | +150.7% |
| Financial debts | 43 | €0 | €0 | -€0 | -100.0% |
| Credit institutions | 430/8 | €0 | €0 | -€0 | -100.0% |
| Trade debts | 44 | €2,826 | €6,792 | +€3,967 | +140.4% |
| Suppliers | 440/4 | €2,826 | €6,792 | +€3,967 | +140.4% |
| Taxes, remuneration and social security | 45 | €4,741 | €2,215 | -€2,526 | -53.3% |
| Taxes | 450/3 | €4,741 | €2,215 | -€2,526 | -53.3% |
| Other amounts payable | 47/48 | €6,000 | €25,000 | +€19,000 | +316.7% |
| Accrued charges and deferred income | 492/3 | €252 | €183 | -€69 | -27.5% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,018 | €2,806 | +€1,788 | +175.7% |
| Other operating charges | 640/8 | €650 | €795 | +€144 | +22.2% |
| Gross operating margin | 9900 | €32,502 | €33,511 | +€1,009 | +3.1% |
| Operating profit (loss) | 9901 | €30,834 | €29,911 | -€923 | -3.0% |
| Financial income | 75/76B | €956 | €4,437 | +€3,481 | +364.3% |
| Recurring financial income | 75 | €956 | €4,437 | +€3,481 | +364.3% |
| Financial charges | 65/66B | €548 | €583 | +€34 | +6.2% |
| Recurring financial charges | 65 | €548 | €583 | +€34 | +6.2% |
| Profit (loss) for the period before taxes | 9903 | €31,241 | €33,764 | +€2,523 | +8.1% |
| Income taxes | 67/77 | €9,647 | €9,504 | -€143 | -1.5% |
| Profit (loss) for the period | 9904 | €21,594 | €24,261 | +€2,667 | +12.3% |
| Profit (loss) for the period to be appropriated | 9905 | €21,594 | €24,261 | +€2,667 | +12.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.