Geodesic Green Rush: 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.
Geodesic Green Rush
Largest movements
- Receivables within one year +€168,074
up €168,074 (+235.8%), from €71,290 to €239,364
of which Trade receivables: +€139,799
- Cash -€89,875
down €89,875 (-37.1%), from €242,076 to €152,201
mainly Receivables within one year (-€168,074) and Contributions, distributions and other (-€56,389)
- Tangible fixed assets -€12,252
down €12,252 (-2.1%), from €576,105 to €563,853
of which Land and buildings: -€11,481
- Trade debts +€77,117
up €77,117 (+1522.1%), from €5,066 to €82,184
- Debts after one year -€39,123
down €39,123 (-33.7%), from €116,234 to €77,111
- Reserves +€19,870
up €19,870 (+2.7%), from €740,282 to €760,153
of which Distributable reserves: +€23,115
- Tax, wage and social debts +€15,079
up €15,079 (+88.7%), from €17,009 to €32,088
- Gross operating margin -€126,306
down €126,306 (-48.6%), from €260,013 to €133,707
- Taxes -€35,118
down €35,118 (-47.0%), from €74,683 to €39,565
- Other operating charges -€14,429
down €14,429 (-65.8%), from €21,930 to €7,502
- Depreciation -€5,302
down €5,302 (-30.2%), from €17,553 to €12,252
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 | €942,439 | €1,011,585 | +€69,146 | +7.3% |
| Fixed assets | 21/28 | €627,825 | €615,573 | -€12,252 | -2.0% |
| Tangible fixed assets | 22/27 | €576,105 | €563,853 | -€12,252 | -2.1% |
| Land and buildings | 22 | €544,337 | €532,856 | -€11,481 | -2.1% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €1,668 | €897 | -€771 | -46.2% |
| Other tangible fixed assets | 26 | €30,100 | €30,100 | = | 0.0% |
| Financial fixed assets | 28 | €51,720 | €51,720 | = | 0.0% |
| Current assets | 29/58 | €314,614 | €396,012 | +€81,398 | +25.9% |
| Amounts receivable within one year | 40/41 | €71,290 | €239,364 | +€168,074 | +235.8% |
| Trade receivables | 40 | €1,844 | €141,643 | +€139,799 | +7583.4% |
| Other amounts receivable | 41 | €69,446 | €97,721 | +€28,275 | +40.7% |
| Cash at bank and in hand | 54/58 | €242,076 | €152,201 | -€89,875 | -37.1% |
| Deferred charges and accrued income | 490/1 | €1,249 | €4,448 | +€3,199 | +256.0% |
| Total equity and liabilities | 10/49 | €942,439 | €1,011,585 | +€69,146 | +7.3% |
| Equity | 10/15 | €752,682 | €772,553 | +€19,870 | +2.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €740,282 | €760,153 | +€19,870 | +2.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €28,826 | €25,581 | -€3,245 | -11.3% |
| Distributable reserves | 133 | €711,456 | €734,572 | +€23,115 | +3.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €9,609 | €8,527 | -€1,082 | -11.3% |
| Deferred taxes | 168 | €9,609 | €8,527 | -€1,082 | -11.3% |
| Amounts payable | 17/49 | €180,148 | €230,505 | +€50,358 | +28.0% |
| Amounts payable after more than one year | 17 | €116,234 | €77,111 | -€39,123 | -33.7% |
| Financial debts | 170/4 | €116,234 | €77,111 | -€39,123 | -33.7% |
| Amounts payable within one year | 42/48 | €63,914 | €153,394 | +€89,480 | +140.0% |
| Current portion of amounts payable after more than one year | 42 | €41,839 | €39,123 | -€2,716 | -6.5% |
| Trade debts | 44 | €5,066 | €82,184 | +€77,117 | +1522.1% |
| Suppliers | 440/4 | €5,066 | €82,184 | +€77,117 | +1522.1% |
| Taxes, remuneration and social security | 45 | €17,009 | €32,088 | +€15,079 | +88.7% |
| Taxes | 450/3 | €17,009 | €32,088 | +€15,079 | +88.7% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,553 | €12,252 | -€5,302 | -30.2% |
| Other operating charges | 640/8 | €21,930 | €7,502 | -€14,429 | -65.8% |
| Gross operating margin | 9900 | €260,013 | €133,707 | -€126,306 | -48.6% |
| Operating profit (loss) | 9901 | €220,530 | €113,953 | -€106,576 | -48.3% |
| Financial income | 75/76B | €4,754 | €4,474 | -€281 | -5.9% |
| Recurring financial income | 75 | €3,870 | €4,474 | +€604 | +15.6% |
| Non-recurring financial income | 76B | €885 | €0 | -€885 | -100.0% |
| Financial charges | 65/66B | €5,482 | €3,684 | -€1,797 | -32.8% |
| Recurring financial charges | 65 | €5,482 | €3,684 | -€1,797 | -32.8% |
| Profit (loss) for the period before taxes | 9903 | €219,802 | €114,743 | -€105,059 | -47.8% |
| Transfer from deferred taxes | 780 | €1,322 | €1,082 | -€240 | -18.2% |
| Income taxes | 67/77 | €74,683 | €39,565 | -€35,118 | -47.0% |
| Profit (loss) for the period | 9904 | €146,441 | €76,259 | -€70,182 | -47.9% |
| Transfer from tax-exempt reserves | 789 | €3,966 | €3,245 | -€721 | -18.2% |
| Profit (loss) for the period to be appropriated | 9905 | €150,407 | €79,504 | -€70,902 | -47.1% |
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 12 October 2026 via checked.be.