GEOkundig: 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.
GEOkundig
Largest movements
- Cash +€9,601
up €9,601 (+84.5%), from €11,365 to €20,966
mainly Net result for the year (+€9,860) and Other debts (+€1,600)
- Deferred charges and accrued income +€2,925
new in 2025: €2,925
- Formation expenses -€647
down €647 (-100%), from €647 to €0
- Receivables within one year -€535
down €535 (-5.6%), from €9,529 to €8,994
of which Trade receivables: -€545
- Reserves +€9,001
up €9,001 (+198%), from €4,548 to €13,549
- Other debts +€1,600
up €1,600 (+15.6%), from €10,243 to €11,843
- Tax, wage and social debts +€549
up €549 (+12.3%), from €4,466 to €5,014
- Gross operating margin +€6,126
up €6,126 (+60.5%), from €10,128 to €16,255
- Financial charges +€2,000
up €2,000 (+477%), from €419 to €2,419
- Depreciation -€1,270
down €1,270 (-57.2%), from €2,219 to €950
- Taxes +€962
up €962 (+51.2%), from €1,880 to €2,842
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 | €22,171 | €33,213 | +€11,042 | +49.8% |
| Formation expenses | 20 | €647 | €0 | -€647 | -100% |
| Fixed assets | 21/28 | €630 | €328 | -€303 | -48.0% |
| Tangible fixed assets | 22/27 | €630 | €328 | -€303 | -48.0% |
| Plant, machinery and equipment | 23 | €630 | €328 | -€303 | -48.0% |
| Current assets | 29/58 | €20,893 | €32,885 | +€11,992 | +57.4% |
| Amounts receivable within one year | 40/41 | €9,529 | €8,994 | -€535 | -5.6% |
| Trade receivables | 40 | €9,529 | €8,984 | -€545 | -5.7% |
| Other amounts receivable | 41 | - | €10 | +€10 | |
| Cash at bank and in hand | 54/58 | €11,365 | €20,966 | +€9,601 | +84.5% |
| Deferred charges and accrued income | 490/1 | - | €2,925 | +€2,925 | |
| Total equity and liabilities | 10/49 | €22,171 | €33,213 | +€11,042 | +49.8% |
| Equity | 10/15 | €6,548 | €15,549 | +€9,001 | +137% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €4,548 | €13,549 | +€9,001 | +198% |
| Distributable reserves | 133 | €4,548 | €13,549 | +€9,001 | +198% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €15,623 | €17,664 | +€2,041 | +13.1% |
| Amounts payable within one year | 42/48 | €15,623 | €17,664 | +€2,041 | +13.1% |
| Trade debts | 44 | €914 | €807 | -€107 | -11.8% |
| Suppliers | 440/4 | €914 | €807 | -€107 | -11.8% |
| Taxes, remuneration and social security | 45 | €4,466 | €5,014 | +€549 | +12.3% |
| Taxes | 450/3 | €4,466 | €5,014 | +€549 | +12.3% |
| Other amounts payable | 47/48 | €10,243 | €11,843 | +€1,600 | +15.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,219 | €950 | -€1,270 | -57.2% |
| Other operating charges | 640/8 | €229 | €187 | -€42 | -18.3% |
| Gross operating margin | 9900 | €10,128 | €16,255 | +€6,126 | +60.5% |
| Operating profit (loss) | 9901 | €7,679 | €15,117 | +€7,438 | +96.9% |
| Financial income | 75/76B | €1 | €4 | +€4 | +702% |
| Recurring financial income | 75 | €1 | €4 | +€4 | +702% |
| Financial charges | 65/66B | €419 | €2,419 | +€2,000 | +477% |
| Recurring financial charges | 65 | €419 | €2,419 | +€2,000 | +477% |
| Profit (loss) for the period before taxes | 9903 | €7,261 | €12,702 | +€5,441 | +74.9% |
| Income taxes | 67/77 | €1,880 | €2,842 | +€962 | +51.2% |
| Profit (loss) for the period | 9904 | €5,381 | €9,860 | +€4,480 | +83.3% |
| Profit (loss) for the period to be appropriated | 9905 | €5,381 | €9,860 | +€4,480 | +83.3% |
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 17 October 2026 via checked.be.