GEOJO: 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.
GEOJO
Largest movements
- Cash +€31,331
up €31,331 (+40.0%), from €78,421 to €109,752
mainly Receivables within one year (+€15,890) and Net result for the year (+€15,389)
- Receivables within one year -€15,890
down €15,890 (-58.4%), from €27,220 to €11,330
of which Trade receivables: -€19,491
- Tangible fixed assets +€1,404
up €1,404 (+158.1%), from €888 to €2,292
of which Furniture and vehicles: +€1,726
- Reserves +€15,389
up €15,389 (+17.8%), from €86,582 to €101,971
- Other debts +€1,483
up €1,483 (+125.4%), from €1,182 to €2,665
- Gross operating margin -€14,362
down €14,362 (-39.6%), from €36,282 to €21,920
- Taxes -€5,645
down €5,645 (-56.2%), from €10,044 to €4,399
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 | €106,529 | €123,375 | +€16,845 | +15.8% |
| Fixed assets | 21/28 | €888 | €2,292 | +€1,404 | +158.1% |
| Tangible fixed assets | 22/27 | €888 | €2,292 | +€1,404 | +158.1% |
| Plant, machinery and equipment | 23 | €888 | €566 | -€322 | -36.2% |
| Furniture and vehicles | 24 | - | €1,726 | +€1,726 | |
| Current assets | 29/58 | €105,641 | €121,083 | +€15,442 | +14.6% |
| Amounts receivable within one year | 40/41 | €27,220 | €11,330 | -€15,890 | -58.4% |
| Trade receivables | 40 | €27,220 | €7,729 | -€19,491 | -71.6% |
| Other amounts receivable | 41 | - | €3,601 | +€3,601 | |
| Cash at bank and in hand | 54/58 | €78,421 | €109,752 | +€31,331 | +40.0% |
| Total equity and liabilities | 10/49 | €106,529 | €123,375 | +€16,845 | +15.8% |
| Equity | 10/15 | €88,582 | €103,971 | +€15,389 | +17.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €86,582 | €101,971 | +€15,389 | +17.8% |
| Distributable reserves | 133 | €86,582 | €101,971 | +€15,389 | +17.8% |
| Amounts payable | 17/49 | €17,948 | €19,404 | +€1,456 | +8.1% |
| Amounts payable within one year | 42/48 | €17,948 | €19,404 | +€1,456 | +8.1% |
| Trade debts | 44 | €538 | - | -€538 | |
| Suppliers | 440/4 | €538 | - | -€538 | |
| Taxes, remuneration and social security | 45 | €16,227 | €16,739 | +€511 | +3.2% |
| Taxes | 450/3 | €14,227 | €14,739 | +€511 | +3.6% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Other amounts payable | 47/48 | €1,182 | €2,665 | +€1,483 | +125.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €322 | €639 | +€317 | +98.4% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €36,282 | €21,920 | -€14,362 | -39.6% |
| Operating profit (loss) | 9901 | €35,572 | €20,882 | -€14,691 | -41.3% |
| Financial income | 75/76B | - | €7 | +€7 | |
| Recurring financial income | 75 | - | €7 | +€7 | |
| Financial charges | 65/66B | €1,100 | €1,101 | +€0 | 0.0% |
| Recurring financial charges | 65 | €1,100 | €1,101 | +€0 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €34,472 | €19,788 | -€14,684 | -42.6% |
| Income taxes | 67/77 | €10,044 | €4,399 | -€5,645 | -56.2% |
| Profit (loss) for the period | 9904 | €24,428 | €15,389 | -€9,039 | -37.0% |
| Profit (loss) for the period to be appropriated | 9905 | €24,428 | €15,389 | -€9,039 | -37.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.