GEOFIVE: what changed
GEOFIVE
Largest movements
- Cash +€11,497
up €11,497 (+7.3%), from €157,588 to €169,085
mainly Net result for the year (+€29,514) and Other debts (+€19,409)
- Tangible fixed assets +€5,756
up €5,756 (+72.2%), from €7,975 to €13,731
of which Furniture and vehicles: +€6,315
- Receivables within one year -€2,686
down €2,686 (-16.5%), from €16,271 to €13,584
of which Trade receivables: -€3,045
- Other debts +€19,409
up €19,409 (+324%), from €5,982 to €25,391
- Tax, wage and social debts -€4,885
down €4,885 (-25.1%), from €19,488 to €14,603
- Reserves +€3,088
up €3,088 (+2.1%), from €145,787 to €148,875
- Trade debts -€2,966
down €2,966 (-65.6%), from €4,520 to €1,554
- Gross operating margin -€21,686
down €21,686 (-33.3%), from €65,188 to €43,502
- Taxes -€7,407
down €7,407 (-37.3%), from €19,845 to €12,437
- Financial income +€1,836
up €1,836 (+509%), from €361 to €2,196
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €183,375 | €197,623 | +€14,247 | +7.8% |
| Fixed assets | 21/28 | €7,975 | €13,731 | +€5,756 | +72.2% |
| Tangible fixed assets | 22/27 | €7,975 | €13,731 | +€5,756 | +72.2% |
| Plant, machinery and equipment | 23 | €2,222 | €1,664 | -€559 | -25.1% |
| Furniture and vehicles | 24 | €5,752 | €12,067 | +€6,315 | +110% |
| Current assets | 29/58 | €175,400 | €183,892 | +€8,491 | +4.8% |
| Amounts receivable within one year | 40/41 | €16,271 | €13,584 | -€2,686 | -16.5% |
| Trade receivables | 40 | €15,914 | €12,868 | -€3,045 | -19.1% |
| Other amounts receivable | 41 | €357 | €716 | +€359 | +101% |
| Cash at bank and in hand | 54/58 | €157,588 | €169,085 | +€11,497 | +7.3% |
| Deferred charges and accrued income | 490/1 | €1,542 | €1,223 | -€319 | -20.7% |
| Total equity and liabilities | 10/49 | €183,375 | €197,623 | +€14,247 | +7.8% |
| Equity | 10/15 | €152,987 | €156,075 | +€3,088 | +2.0% |
| Contributions | 10/11 | €7,200 | €7,200 | = | 0.0% |
| Reserves | 13 | €145,787 | €148,875 | +€3,088 | +2.1% |
| Distributable reserves | 133 | €145,787 | €148,875 | +€3,088 | +2.1% |
| Amounts payable | 17/49 | €30,388 | €41,547 | +€11,159 | +36.7% |
| Amounts payable within one year | 42/48 | €29,990 | €41,547 | +€11,558 | +38.5% |
| Trade debts | 44 | €4,520 | €1,554 | -€2,966 | -65.6% |
| Suppliers | 440/4 | €4,520 | €1,554 | -€2,966 | -65.6% |
| Taxes, remuneration and social security | 45 | €19,488 | €14,603 | -€4,885 | -25.1% |
| Taxes | 450/3 | €19,488 | €14,603 | -€4,885 | -25.1% |
| Other amounts payable | 47/48 | €5,982 | €25,391 | +€19,409 | +324% |
| Accrued charges and deferred income | 492/3 | €399 | - | -€399 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,701 | €2,704 | +€3 | +0.1% |
| Other operating charges | 640/8 | €485 | €544 | +€59 | +12.2% |
| Gross operating margin | 9900 | €65,188 | €43,502 | -€21,686 | -33.3% |
| Operating profit (loss) | 9901 | €62,002 | €40,253 | -€21,749 | -35.1% |
| Financial income | 75/76B | €361 | €2,196 | +€1,836 | +509% |
| Recurring financial income | 75 | €361 | €2,196 | +€1,836 | +509% |
| Financial charges | 65/66B | €696 | €498 | -€198 | -28.4% |
| Recurring financial charges | 65 | €696 | €498 | -€198 | -28.4% |
| Profit (loss) for the period before taxes | 9903 | €61,667 | €41,951 | -€19,716 | -32.0% |
| Income taxes | 67/77 | €19,845 | €12,437 | -€7,407 | -37.3% |
| Profit (loss) for the period | 9904 | €41,822 | €29,514 | -€12,308 | -29.4% |
| Profit (loss) for the period to be appropriated | 9905 | €41,822 | €29,514 | -€12,308 | -29.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.