GeoKe: 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.
GeoKe
Largest movements
- Cash +€31,597
up €31,597 (+77.4%), from €40,836 to €72,433
mainly Net result for the year (+€137,954) and Other debts (+€69,662)
- Receivables within one year +€6,791
up €6,791 (+64.8%), from €10,481 to €17,272
of which Trade receivables: +€8,000
- Other debts +€69,662
up €69,662 (+26.2%), from €265,677 to €335,339
- Debts after one year -€58,325
down €58,325 (-35.2%), from €165,532 to €107,207
- Trade debts +€15,184
up €15,184 (+237.8%), from €6,385 to €21,569
- Profit (loss) carried forward +€12,954
up €12,954 (+65.5%), from €19,785 to €32,739
- Financial income +€100,080
up €100,080 (+58870.6%), from €170 to €100,250
- Gross operating margin -€30,876
down €30,876 (-34.3%), from €90,039 to €59,163
- Other operating charges -€7,044
down €7,044 (-55.8%), from €12,613 to €5,569
- Taxes -€4,309
down €4,309 (-27.9%), from €15,458 to €11,149
- Financial charges -€1,394
down €1,394 (-29.4%), from €4,740 to €3,346
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 | €583,493 | €621,108 | +€37,615 | +6.4% |
| Fixed assets | 21/28 | €527,836 | €526,441 | -€1,395 | -0.3% |
| Tangible fixed assets | 22/27 | €2,780 | €1,385 | -€1,395 | -50.2% |
| Furniture and vehicles | 24 | €2,780 | €1,385 | -€1,395 | -50.2% |
| Financial fixed assets | 28 | €525,056 | €525,056 | = | 0.0% |
| Current assets | 29/58 | €55,657 | €94,667 | +€39,010 | +70.1% |
| Amounts receivable within one year | 40/41 | €10,481 | €17,272 | +€6,791 | +64.8% |
| Trade receivables | 40 | €8,000 | €16,000 | +€8,000 | +100.0% |
| Other amounts receivable | 41 | €2,481 | €1,272 | -€1,209 | -48.7% |
| Cash at bank and in hand | 54/58 | €40,836 | €72,433 | +€31,597 | +77.4% |
| Deferred charges and accrued income | 490/1 | €4,340 | €4,962 | +€622 | +14.3% |
| Total equity and liabilities | 10/49 | €583,493 | €621,108 | +€37,615 | +6.4% |
| Equity | 10/15 | €74,785 | €87,739 | +€12,954 | +17.3% |
| Contributions | 10/11 | €55,000 | €55,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,785 | €32,739 | +€12,954 | +65.5% |
| Amounts payable | 17/49 | €508,708 | €533,369 | +€24,661 | +4.8% |
| Amounts payable after more than one year | 17 | €165,532 | €107,207 | -€58,325 | -35.2% |
| Financial debts | 170/4 | €165,532 | €107,207 | -€58,325 | -35.2% |
| Amounts payable within one year | 42/48 | €342,901 | €425,956 | +€83,055 | +24.2% |
| Current portion of amounts payable after more than one year | 42 | €62,204 | €63,060 | +€856 | +1.4% |
| Trade debts | 44 | €6,385 | €21,569 | +€15,184 | +237.8% |
| Suppliers | 440/4 | €6,385 | €21,569 | +€15,184 | +237.8% |
| Taxes, remuneration and social security | 45 | €8,635 | €5,988 | -€2,647 | -30.7% |
| Taxes | 450/3 | €8,635 | €5,988 | -€2,647 | -30.7% |
| Other amounts payable | 47/48 | €265,677 | €335,339 | +€69,662 | +26.2% |
| Accrued charges and deferred income | 492/3 | €275 | €206 | -€69 | -25.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,275 | €1,395 | +€120 | +9.4% |
| Other operating charges | 640/8 | €12,613 | €5,569 | -€7,044 | -55.8% |
| Gross operating margin | 9900 | €90,039 | €59,163 | -€30,876 | -34.3% |
| Operating profit (loss) | 9901 | €76,151 | €52,199 | -€23,952 | -31.5% |
| Financial income | 75/76B | €170 | €100,250 | +€100,080 | +58870.6% |
| Recurring financial income | 75 | €170 | €100,250 | +€100,080 | +58870.6% |
| Financial charges | 65/66B | €4,740 | €3,346 | -€1,394 | -29.4% |
| Recurring financial charges | 65 | €4,740 | €3,346 | -€1,394 | -29.4% |
| Profit (loss) for the period before taxes | 9903 | €71,581 | €149,103 | +€77,522 | +108.3% |
| Income taxes | 67/77 | €15,458 | €11,149 | -€4,309 | -27.9% |
| Profit (loss) for the period | 9904 | €56,123 | €137,954 | +€81,831 | +145.8% |
| Profit (loss) for the period to be appropriated | 9905 | €56,123 | €137,954 | +€81,831 | +145.8% |
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 2 October 2026 via checked.be.