GEOFISC: 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.
GEOFISC
Largest movements
- Receivables within one year +€3,720
up €3,720 (+1488.0%), from €250 to €3,970
- Cash -€579
down €579 (-29.0%), from €1,993 to €1,414
mainly Other debts (-€5,764) and Receivables within one year (-€3,720)
- Deferred charges and accrued income -€101
down €101 (-34.7%), from €292 to €191
- Other debts -€5,764
no longer reported in 2023 (was €5,764)
- Tax, wage and social debts +€4,716
up €4,716 (+7424.6%), from €64 to €4,780
of which Remuneration and social security: +€4,780
- Profit (loss) carried forward +€4,088
up €4,088 (+6.4%), from -€63,743 to -€59,656
- Turnover +€26,390
new in 2023: €26,390
- Purchases and services +€22,024
new in 2023: €22,024
- Gross operating margin +€313
up €313 (+7.7%), from €4,053 to €4,366
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,535 | €5,575 | +€3,040 | +119.9% |
| Formation expenses | 20 | - | €0 | = | |
| Tangible fixed assets | 22/27 | - | €0 | = | |
| Current assets | 29/58 | €2,535 | €5,575 | +€3,040 | +119.9% |
| Amounts receivable within one year | 40/41 | €250 | €3,970 | +€3,720 | +1488.0% |
| Trade receivables | 40 | €250 | €3,970 | +€3,720 | +1488.0% |
| Cash at bank and in hand | 54/58 | €1,993 | €1,414 | -€579 | -29.0% |
| Deferred charges and accrued income | 490/1 | €292 | €191 | -€101 | -34.7% |
| Total equity and liabilities | 10/49 | €2,535 | €5,575 | +€3,040 | +119.9% |
| Equity | 10/15 | -€43,292 | -€39,204 | +€4,088 | +9.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Outside capital | 11 | - | €18,592 | +€18,592 | |
| Share premium | 1100/10 | - | €18,592 | +€18,592 | |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€63,743 | -€59,656 | +€4,088 | +6.4% |
| Amounts payable | 17/49 | €45,827 | €44,780 | -€1,048 | -2.3% |
| Amounts payable after more than one year | 17 | €40,000 | €40,000 | = | 0.0% |
| Financial debts | 170/4 | €40,000 | €40,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €5,827 | €4,780 | -€1,048 | -18.0% |
| Taxes, remuneration and social security | 45 | €64 | €4,780 | +€4,716 | +7424.6% |
| Taxes | 450/3 | €64 | - | -€64 | |
| Remuneration and social security | 454/9 | - | €4,780 | +€4,780 | |
| Other amounts payable | 47/48 | €5,764 | - | -€5,764 | |
| Turnover | 70 | - | €26,390 | +€26,390 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €22,024 | +€22,024 | |
| Other operating charges | 640/8 | €109 | €109 | +€0 | +0.3% |
| Gross operating margin | 9900 | €4,053 | €4,366 | +€313 | +7.7% |
| Operating profit (loss) | 9901 | €3,945 | €4,257 | +€312 | +7.9% |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €89 | €97 | +€8 | +8.9% |
| Recurring financial charges | 65 | €89 | €97 | +€8 | +8.9% |
| Profit (loss) for the period before taxes | 9903 | €3,859 | €4,160 | +€301 | +7.8% |
| Income taxes | 67/77 | €64 | €73 | +€9 | +14.3% |
| Profit (loss) for the period | 9904 | €3,796 | €4,088 | +€292 | +7.7% |
| Profit (loss) for the period to be appropriated | 9905 | €3,796 | €4,088 | +€292 | +7.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.