GéoExim: 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.
GéoExim
Largest movements
- Receivables within one year +€26,357
up €26,357 (+17.9%), from €147,494 to €173,851
of which Trade receivables: +€30,977
- Tangible fixed assets -€18,707
down €18,707 (-13.9%), from €135,011 to €116,304
of which Plant, machinery and equipment: -€16,082
- Other debts +€67,658
up €67,658 (+359%), from €18,844 to €86,502
- Reserves -€65,945
down €65,945 (-86.7%), from €76,036 to €10,091
- Debts after one year -€22,008
down €22,008 (-36.2%), from €60,765 to €38,757
- Profit (loss) carried forward +€16,625
no longer reported in 2025 (was -€16,625)
- Tax, wage and social debts +€16,489
up €16,489 (+28.6%), from €57,656 to €74,145
of which Taxes: +€15,559
- Gross operating margin +€50,651
up €50,651 (+19.7%), from €257,178 to €307,829
- Staff costs +€21,512
up €21,512 (+10.6%), from €203,428 to €224,940
- Taxes +€10,578
up €10,578 (+7,827%), from €135 to €10,713
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €282,546 | €290,155 | +€7,609 | +2.7% |
| Fixed assets | 21/28 | €135,011 | €116,304 | -€18,707 | -13.9% |
| Tangible fixed assets | 22/27 | €135,011 | €116,304 | -€18,707 | -13.9% |
| Land and buildings | 22 | €32,401 | €36,750 | +€4,349 | +13.4% |
| Plant, machinery and equipment | 23 | €76,354 | €60,271 | -€16,082 | -21.1% |
| Furniture and vehicles | 24 | €24,109 | €18,044 | -€6,065 | -25.2% |
| Assets under construction and advance payments | 27 | €2,147 | €1,239 | -€908 | -42.3% |
| Current assets | 29/58 | €147,536 | €173,851 | +€26,315 | +17.8% |
| Amounts receivable within one year | 40/41 | €147,494 | €173,851 | +€26,357 | +17.9% |
| Trade receivables | 40 | €138,009 | €168,986 | +€30,977 | +22.4% |
| Other amounts receivable | 41 | €9,485 | €4,865 | -€4,620 | -48.7% |
| Deferred charges and accrued income | 490/1 | €42 | - | -€42 | |
| Total equity and liabilities | 10/49 | €282,546 | €290,155 | +€7,609 | +2.7% |
| Equity | 10/15 | €78,011 | €28,691 | -€49,320 | -63.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €76,036 | €10,091 | -€65,945 | -86.7% |
| Distributable reserves | 133 | €76,036 | €10,091 | -€65,945 | -86.7% |
| Profit (loss) carried forward | 14 | -€16,625 | - | +€16,625 | |
| Amounts payable | 17/49 | €204,535 | €261,464 | +€56,929 | +27.8% |
| Amounts payable after more than one year | 17 | €60,765 | €38,757 | -€22,008 | -36.2% |
| Financial debts | 170/4 | €60,765 | €38,757 | -€22,008 | -36.2% |
| Amounts payable within one year | 42/48 | €143,771 | €222,707 | +€78,937 | +54.9% |
| Current portion of amounts payable after more than one year | 42 | €34,174 | €26,185 | -€7,989 | -23.4% |
| Financial debts | 43 | €16,804 | €24,243 | +€7,439 | +44.3% |
| Credit institutions | 430/8 | €16,804 | €24,243 | +€7,439 | +44.3% |
| Trade debts | 44 | €16,292 | €11,632 | -€4,660 | -28.6% |
| Suppliers | 440/4 | €16,292 | €11,632 | -€4,660 | -28.6% |
| Taxes, remuneration and social security | 45 | €57,656 | €74,145 | +€16,489 | +28.6% |
| Taxes | 450/3 | €19,291 | €34,849 | +€15,559 | +80.7% |
| Remuneration and social security | 454/9 | €38,365 | €39,296 | +€931 | +2.4% |
| Other amounts payable | 47/48 | €18,844 | €86,502 | +€67,658 | +359% |
| Remuneration, social security and pensions | 62 | €203,428 | €224,940 | +€21,512 | +10.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,924 | €37,228 | -€2,696 | -6.8% |
| Other operating charges | 640/8 | €471 | €1,996 | +€1,525 | +324% |
| Gross operating margin | 9900 | €257,178 | €307,829 | +€50,651 | +19.7% |
| Operating profit (loss) | 9901 | €13,355 | €43,665 | +€30,310 | +227% |
| Financial charges | 65/66B | €6,870 | €6,236 | -€633 | -9.2% |
| Recurring financial charges | 65 | €6,870 | €6,236 | -€633 | -9.2% |
| Profit (loss) for the period before taxes | 9903 | €6,486 | €37,429 | +€30,943 | +477% |
| Income taxes | 67/77 | €135 | €10,713 | +€10,578 | +7,827% |
| Profit (loss) for the period | 9904 | €6,351 | €26,716 | +€20,365 | +321% |
| Profit (loss) for the period to be appropriated | 9905 | €6,351 | €26,716 | +€20,365 | +321% |
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 19 October 2026 via checked.be.