GEOFOOD: 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.
GEOFOOD
Largest movements
- Stocks and contracts +€75,340
up €75,340 (+50.1%), from €150,475 to €225,815
- Receivables within one year +€48,849
up €48,849 (+15.9%), from €306,607 to €355,456
of which Trade receivables: +€60,292
- Cash +€20,192
up €20,192 (+13.5%), from €149,054 to €169,246
mainly Net result for the year (+€93,607) and Short-term financial debts (+€78,983)
- Short-term financial debts +€78,983
up €78,983 (+670.9%), from €11,773 to €90,757
- Profit (loss) carried forward +€64,798
no longer reported in 2025 (was -€64,798)
- Debts after one year -€24,493
down €24,493 (-8.2%), from €298,313 to €273,820
- Tax, wage and social debts +€16,129
up €16,129 (+23.2%), from €69,614 to €85,742
of which Taxes: +€10,142
- Reserves +€13,809
up €13,809 (+2.7%), from €508,020 to €521,829
of which Distributable reserves: +€13,809
- Gross operating margin +€266,829
up €266,829 (+76.1%), from €350,408 to €617,236
- Staff costs +€118,754
up €118,754 (+36.9%), from €321,420 to €440,174
- Other operating charges -€26,840
down €26,840 (-84.3%), from €31,839 to €4,999
- Taxes +€11,543
new in 2025: €11,543
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.
Cash bridge derived
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 | €1,085,550 | €1,245,897 | +€160,347 | +14.8% |
| Fixed assets | 21/28 | €460,600 | €464,430 | +€3,830 | +0.8% |
| Intangible fixed assets | 21 | €11,359 | €3,682 | -€7,678 | -67.6% |
| Tangible fixed assets | 22/27 | €191,200 | €202,708 | +€11,508 | +6.0% |
| Land and buildings | 22 | €130,017 | €115,394 | -€14,623 | -11.2% |
| Plant, machinery and equipment | 23 | €49,400 | €43,801 | -€5,598 | -11.3% |
| Furniture and vehicles | 24 | €11,783 | €43,513 | +€31,729 | +269.3% |
| Financial fixed assets | 28 | €258,040 | €258,040 | = | 0.0% |
| Current assets | 29/58 | €624,950 | €781,467 | +€156,517 | +25.0% |
| Stocks and contracts in progress | 3 | €150,475 | €225,815 | +€75,340 | +50.1% |
| Stocks | 30/36 | €150,475 | €225,815 | +€75,340 | +50.1% |
| Amounts receivable within one year | 40/41 | €306,607 | €355,456 | +€48,849 | +15.9% |
| Trade receivables | 40 | €286,574 | €346,866 | +€60,292 | +21.0% |
| Other amounts receivable | 41 | €20,033 | €8,590 | -€11,443 | -57.1% |
| Cash at bank and in hand | 54/58 | €149,054 | €169,246 | +€20,192 | +13.5% |
| Deferred charges and accrued income | 490/1 | €18,814 | €30,951 | +€12,137 | +64.5% |
| Total equity and liabilities | 10/49 | €1,085,550 | €1,245,897 | +€160,347 | +14.8% |
| Equity | 10/15 | €455,222 | €533,829 | +€78,607 | +17.3% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Reserves | 13 | €508,020 | €521,829 | +€13,809 | +2.7% |
| Tax-exempt reserves | 132 | €56,250 | €56,250 | = | 0.0% |
| Distributable reserves | 133 | €451,770 | €465,579 | +€13,809 | +3.1% |
| Profit (loss) carried forward | 14 | -€64,798 | - | +€64,798 | |
| Amounts payable | 17/49 | €630,328 | €712,068 | +€81,740 | +13.0% |
| Amounts payable after more than one year | 17 | €298,313 | €273,820 | -€24,493 | -8.2% |
| Financial debts | 170/4 | €298,313 | €273,820 | -€24,493 | -8.2% |
| Amounts payable within one year | 42/48 | €332,015 | €438,248 | +€106,233 | +32.0% |
| Current portion of amounts payable after more than one year | 42 | €67,364 | €62,787 | -€4,577 | -6.8% |
| Financial debts | 43 | €11,773 | €90,757 | +€78,983 | +670.9% |
| Credit institutions | 430/8 | €11,773 | €90,757 | +€78,983 | +670.9% |
| Trade debts | 44 | €147,098 | €158,621 | +€11,523 | +7.8% |
| Suppliers | 440/4 | €147,098 | €158,621 | +€11,523 | +7.8% |
| Taxes, remuneration and social security | 45 | €69,614 | €85,742 | +€16,129 | +23.2% |
| Taxes | 450/3 | €8,071 | €18,213 | +€10,142 | +125.7% |
| Remuneration and social security | 454/9 | €61,543 | €67,529 | +€5,987 | +9.7% |
| Other amounts payable | 47/48 | €36,166 | €40,340 | +€4,175 | +11.5% |
| Remuneration, social security and pensions | 62 | €321,420 | €440,174 | +€118,754 | +36.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,657 | €46,477 | +€1,821 | +4.1% |
| Other operating charges | 640/8 | €31,839 | €4,999 | -€26,840 | -84.3% |
| Gross operating margin | 9900 | €350,408 | €617,236 | +€266,829 | +76.1% |
| Operating profit (loss) | 9901 | -€47,508 | €125,586 | +€173,095 | |
| Financial income | 75/76B | €523 | €199 | -€324 | -62.0% |
| Recurring financial income | 75 | €523 | €199 | -€324 | -62.0% |
| Financial charges | 65/66B | €17,813 | €20,635 | +€2,822 | +15.8% |
| Recurring financial charges | 65 | €17,813 | €20,635 | +€2,822 | +15.8% |
| Profit (loss) for the period before taxes | 9903 | -€64,798 | €105,150 | +€169,948 | |
| Income taxes | 67/77 | - | €11,543 | +€11,543 | |
| Profit (loss) for the period | 9904 | -€64,798 | €93,607 | +€158,405 | |
| Profit (loss) for the period to be appropriated | 9905 | -€64,798 | €93,607 | +€158,405 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.