GEOFF MANAGEMENT: 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.
GEOFF MANAGEMENT
Largest movements
- Cash +€18,624
up €18,624 (+138%), from €13,531 to €32,155
mainly Net result for the year (+€26,612) and Tax, wage and social debts (+€15,151)
- Tangible fixed assets +€18,048
up €18,048 (+125%), from €14,426 to €32,473
of which Furniture and vehicles: +€19,538
- Receivables within one year +€8,605
up €8,605 (+74.7%), from €11,519 to €20,124
of which Trade receivables: +€9,530
- Stocks and contracts +€1,853
up €1,853 (+48.8%), from €3,800 to €5,653
- Deferred charges and accrued income +€1,079
up €1,079 (+369%), from €292 to €1,371
- Reserves +€21,023
new in 2025: €21,023
- Tax, wage and social debts +€15,151
new in 2025: €15,151
of which Taxes: +€13,000
- Profit (loss) carried forward +€5,589
no longer reported in 2025 (was -€5,589)
- Other debts +€4,910
up €4,910 (+29.3%), from €16,784 to €21,694
- Gross operating margin +€25,301
up €25,301 (+139%), from €18,219 to €43,520
- Taxes +€10,845
new in 2025: €10,845
- Other operating charges -€3,594
down €3,594 (-84.9%), from €4,232 to €638
- Depreciation +€3,478
up €3,478 (+207%), from €1,682 to €5,160
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 | €47,101 | €94,566 | +€47,465 | +101% |
| Fixed assets | 21/28 | €17,959 | €35,264 | +€17,305 | +96.4% |
| Intangible fixed assets | 21 | €3,533 | €2,790 | -€743 | -21.0% |
| Tangible fixed assets | 22/27 | €14,426 | €32,473 | +€18,048 | +125% |
| Land and buildings | 22 | €12,485 | €10,662 | -€1,823 | -14.6% |
| Plant, machinery and equipment | 23 | €1,414 | €1,746 | +€332 | +23.5% |
| Furniture and vehicles | 24 | €527 | €20,066 | +€19,538 | +3,705% |
| Current assets | 29/58 | €29,142 | €59,303 | +€30,161 | +103% |
| Stocks and contracts in progress | 3 | €3,800 | €5,653 | +€1,853 | +48.8% |
| Stocks | 30/36 | €3,800 | €5,653 | +€1,853 | +48.8% |
| Amounts receivable within one year | 40/41 | €11,519 | €20,124 | +€8,605 | +74.7% |
| Trade receivables | 40 | €8,993 | €18,523 | +€9,530 | +106% |
| Other amounts receivable | 41 | €2,526 | €1,601 | -€925 | -36.6% |
| Cash at bank and in hand | 54/58 | €13,531 | €32,155 | +€18,624 | +138% |
| Deferred charges and accrued income | 490/1 | €292 | €1,371 | +€1,079 | +369% |
| Total equity and liabilities | 10/49 | €47,101 | €94,566 | +€47,465 | +101% |
| Equity | 10/15 | €13,011 | €39,623 | +€26,612 | +205% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | - | €21,023 | +€21,023 | |
| Distributable reserves | 133 | - | €21,023 | +€21,023 | |
| Profit (loss) carried forward | 14 | -€5,589 | - | +€5,589 | |
| Amounts payable | 17/49 | €34,090 | €54,943 | +€20,854 | +61.2% |
| Amounts payable within one year | 42/48 | €34,090 | €54,943 | +€20,854 | +61.2% |
| Trade debts | 44 | €17,306 | €18,099 | +€793 | +4.6% |
| Suppliers | 440/4 | €17,306 | €18,099 | +€793 | +4.6% |
| Taxes, remuneration and social security | 45 | - | €15,151 | +€15,151 | |
| Taxes | 450/3 | - | €13,000 | +€13,000 | |
| Remuneration and social security | 454/9 | - | €2,150 | +€2,150 | |
| Other amounts payable | 47/48 | €16,784 | €21,694 | +€4,910 | +29.3% |
| Non-recurring operating income | 76A | €374 | €1,119 | +€746 | +200% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,682 | €5,160 | +€3,478 | +207% |
| Other operating charges | 640/8 | €4,232 | €638 | -€3,594 | -84.9% |
| Gross operating margin | 9900 | €18,219 | €43,520 | +€25,301 | +139% |
| Operating profit (loss) | 9901 | €12,306 | €37,722 | +€25,417 | +207% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €64 | €266 | +€202 | +315% |
| Recurring financial charges | 65 | €64 | €266 | +€202 | +315% |
| Profit (loss) for the period before taxes | 9903 | €12,241 | €37,456 | +€25,215 | +206% |
| Income taxes | 67/77 | - | €10,845 | +€10,845 | |
| Profit (loss) for the period | 9904 | €12,241 | €26,612 | +€14,370 | +117% |
| Profit (loss) for the period to be appropriated | 9905 | €12,241 | €26,612 | +€14,370 | +117% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.