GEOFLYN: what changed
GEOFLYN
Largest movements
- Cash +€87,262
up €87,262 (+1,004%), from €8,689 to €95,951
mainly Net result for the year (+€106,743) and Other debts (+€37,436)
- Tangible fixed assets +€72,773
up €72,773 (+43.0%), from €169,304 to €242,077
of which Furniture and vehicles: +€79,504
- Receivables within one year -€6,530
down €6,530 (-26.6%), from €24,531 to €18,001
of which Trade receivables: -€3,559
- Reserves +€110,492
up €110,492 (+138%), from €80,000 to €190,492
- Other debts +€37,436
up €37,436 (+62.0%), from €60,373 to €97,809
- Tax, wage and social debts +€20,729
up €20,729 (+55.7%), from €37,200 to €57,929
- Trade debts -€11,403
down €11,403 (-76.0%), from €15,003 to €3,600
- Profit (loss) carried forward -€3,749
down €3,749 (-100%), from €3,749 to €0
- Gross operating margin +€52,860
up €52,860 (+35.8%), from €147,595 to €200,454
- Depreciation +€23,296
up €23,296 (+208%), from €11,198 to €34,494
- Taxes +€20,313
up €20,313 (+54.6%), from €37,200 to €57,513
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 | €202,525 | €356,030 | +€153,505 | +75.8% |
| Fixed assets | 21/28 | €169,304 | €242,077 | +€72,773 | +43.0% |
| Tangible fixed assets | 22/27 | €169,304 | €242,077 | +€72,773 | +43.0% |
| Land and buildings | 22 | €166,915 | €151,406 | -€15,510 | -9.3% |
| Plant, machinery and equipment | 23 | €2,389 | €11,168 | +€8,780 | +368% |
| Furniture and vehicles | 24 | - | €79,504 | +€79,504 | |
| Current assets | 29/58 | €33,220 | €113,953 | +€80,732 | +243% |
| Amounts receivable within one year | 40/41 | €24,531 | €18,001 | -€6,530 | -26.6% |
| Trade receivables | 40 | €17,814 | €14,255 | -€3,559 | -20.0% |
| Other amounts receivable | 41 | €6,717 | €3,747 | -€2,971 | -44.2% |
| Cash at bank and in hand | 54/58 | €8,689 | €95,951 | +€87,262 | +1,004% |
| Total equity and liabilities | 10/49 | €202,525 | €356,030 | +€153,505 | +75.8% |
| Equity | 10/15 | €89,949 | €196,692 | +€106,743 | +119% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €80,000 | €190,492 | +€110,492 | +138% |
| Distributable reserves | 133 | €80,000 | €190,492 | +€110,492 | +138% |
| Profit (loss) carried forward | 14 | €3,749 | €0 | -€3,749 | -100% |
| Amounts payable | 17/49 | €112,576 | €159,338 | +€46,762 | +41.5% |
| Amounts payable within one year | 42/48 | €112,576 | €159,338 | +€46,762 | +41.5% |
| Trade debts | 44 | €15,003 | €3,600 | -€11,403 | -76.0% |
| Suppliers | 440/4 | €15,003 | €3,600 | -€11,403 | -76.0% |
| Taxes, remuneration and social security | 45 | €37,200 | €57,929 | +€20,729 | +55.7% |
| Taxes | 450/3 | €37,200 | €57,929 | +€20,729 | +55.7% |
| Other amounts payable | 47/48 | €60,373 | €97,809 | +€37,436 | +62.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,198 | €34,494 | +€23,296 | +208% |
| Other operating charges | 640/8 | €1,044 | €1,233 | +€189 | +18.1% |
| Gross operating margin | 9900 | €147,595 | €200,454 | +€52,860 | +35.8% |
| Operating profit (loss) | 9901 | €135,353 | €164,727 | +€29,374 | +21.7% |
| Financial income | 75/76B | €20 | €144 | +€124 | +619% |
| Recurring financial income | 75 | €20 | €144 | +€124 | +619% |
| Financial charges | 65/66B | €1,329 | €614 | -€715 | -53.8% |
| Recurring financial charges | 65 | €1,329 | €614 | -€715 | -53.8% |
| Profit (loss) for the period before taxes | 9903 | €134,044 | €164,257 | +€30,213 | +22.5% |
| Income taxes | 67/77 | €37,200 | €57,513 | +€20,313 | +54.6% |
| Profit (loss) for the period | 9904 | €96,844 | €106,743 | +€9,900 | +10.2% |
| Profit (loss) for the period to be appropriated | 9905 | €96,844 | €106,743 | +€9,900 | +10.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 November 2024 and 30 November 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.