GEOGEST: 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.
GEOGEST
Largest movements
- Cash +€125,323
up €125,323 (+160%), from €78,348 to €203,671
mainly Other debts (+€241,422) and Net result for the year (+€108,636)
- Current investments -€30,000
down €30,000 (-13.0%), from €230,000 to €200,000
- Receivables within one year -€7,653
down €7,653 (-40.4%), from €18,963 to €11,310
of which Trade receivables: -€9,096
- Other debts +€241,422
up €241,422 (+847%), from €28,516 to €269,937
- Reserves -€156,609
down €156,609 (-52.8%), from €296,831 to €140,222
- Trade debts +€17,155
up €17,155 (+817%), from €2,099 to €19,253
- Tax, wage and social debts -€10,770
down €10,770 (-55.7%), from €19,320 to €8,550
- Gross operating margin +€54,220
up €54,220 (+59.1%), from €91,820 to €146,039
- Taxes +€10,772
up €10,772 (+48.5%), from €22,216 to €32,987
- Financial income +€8,580
up €8,580 (+1,225,649%), from €1 to €8,580
- Depreciation +€1,980
up €1,980 (+18.8%), from €10,556 to €12,535
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 | €349,765 | €440,962 | +€91,198 | +26.1% |
| Fixed assets | 21/28 | €21,860 | €25,375 | +€3,515 | +16.1% |
| Tangible fixed assets | 22/27 | €21,860 | €25,375 | +€3,515 | +16.1% |
| Plant, machinery and equipment | 23 | €7,731 | €20,849 | +€13,118 | +170% |
| Furniture and vehicles | 24 | €14,129 | €4,525 | -€9,603 | -68.0% |
| Current assets | 29/58 | €327,905 | €415,588 | +€87,683 | +26.7% |
| Amounts receivable within one year | 40/41 | €18,963 | €11,310 | -€7,653 | -40.4% |
| Trade receivables | 40 | €12,749 | €3,654 | -€9,096 | -71.3% |
| Other amounts receivable | 41 | €6,213 | €7,656 | +€1,443 | +23.2% |
| Current investments | 50/53 | €230,000 | €200,000 | -€30,000 | -13.0% |
| Cash at bank and in hand | 54/58 | €78,348 | €203,671 | +€125,323 | +160% |
| Deferred charges and accrued income | 490/1 | €595 | €607 | +€12 | +2.1% |
| Total equity and liabilities | 10/49 | €349,765 | €440,962 | +€91,198 | +26.1% |
| Equity | 10/15 | €299,831 | €143,222 | -€156,609 | -52.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €296,831 | €140,222 | -€156,609 | -52.8% |
| Distributable reserves | 133 | €296,831 | €140,222 | -€156,609 | -52.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | -€0 | -100% |
| Amounts payable | 17/49 | €49,934 | €297,741 | +€247,807 | +496% |
| Amounts payable within one year | 42/48 | €49,934 | €297,741 | +€247,807 | +496% |
| Trade debts | 44 | €2,099 | €19,253 | +€17,155 | +817% |
| Suppliers | 440/4 | €2,099 | €19,253 | +€17,155 | +817% |
| Taxes, remuneration and social security | 45 | €19,320 | €8,550 | -€10,770 | -55.7% |
| Taxes | 450/3 | €19,320 | €8,550 | -€10,770 | -55.7% |
| Other amounts payable | 47/48 | €28,516 | €269,937 | +€241,422 | +847% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,556 | €12,535 | +€1,980 | +18.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€331 | €0 | +€331 | |
| Other operating charges | 640/8 | €719 | €400 | -€319 | -44.4% |
| Gross operating margin | 9900 | €91,820 | €146,039 | +€54,220 | +59.1% |
| Operating profit (loss) | 9901 | €80,877 | €133,104 | +€52,228 | +64.6% |
| Financial income | 75/76B | €1 | €8,580 | +€8,580 | +1,225,649% |
| Recurring financial income | 75 | €1 | €8,580 | +€8,580 | +1,225,649% |
| Financial charges | 65/66B | €70 | €61 | -€9 | -12.2% |
| Recurring financial charges | 65 | €70 | €61 | -€9 | -12.2% |
| Profit (loss) for the period before taxes | 9903 | €80,807 | €141,623 | +€60,816 | +75.3% |
| Income taxes | 67/77 | €22,216 | €32,987 | +€10,772 | +48.5% |
| Profit (loss) for the period | 9904 | €58,592 | €108,636 | +€50,044 | +85.4% |
| Profit (loss) for the period to be appropriated | 9905 | €58,592 | €108,636 | +€50,044 | +85.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.