GEOLEASE: 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.
GEOLEASE
Largest movements
- Tangible fixed assets -€22,672
down €22,672 (-4.3%), from €528,816 to €506,144
of which Leasing and similar rights: -€31,278
- Receivables within one year +€6,845
up €6,845 (+22.3%), from €30,707 to €37,552
of which Trade receivables: +€6,587
- Debts after one year -€61,595
down €61,595 (-13.9%), from €444,306 to €382,711
- Other debts +€27,965
new in 2025: €27,965
- Trade debts -€20,456
down €20,456 (-68.8%), from €29,726 to €9,270
- Profit (loss) carried forward +€15,880
up €15,880 (+130%), from €12,186 to €28,066
- Current portion of long-term debt +€13,014
up €13,014 (+17.9%), from €72,760 to €85,774
- Financial income +€8,250
new in 2025: €8,250
of which Financial income: +€8,250
- Depreciation +€7,176
up €7,176 (+13.9%), from €51,462 to €58,638
- Financial charges -€6,082
down €6,082 (-16.6%), from €36,670 to €30,587
- Gross operating margin -€5,272
down €5,272 (-5.1%), from €102,945 to €97,673
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 | €568,978 | €547,920 | -€21,058 | -3.7% |
| Fixed assets | 21/28 | €528,816 | €506,144 | -€22,672 | -4.3% |
| Tangible fixed assets | 22/27 | €528,816 | €506,144 | -€22,672 | -4.3% |
| Furniture and vehicles | 24 | - | €8,606 | +€8,606 | |
| Leasing and similar rights | 25 | €528,816 | €497,538 | -€31,278 | -5.9% |
| Current assets | 29/58 | €40,162 | €41,776 | +€1,614 | +4.0% |
| Amounts receivable within one year | 40/41 | €30,707 | €37,552 | +€6,845 | +22.3% |
| Trade receivables | 40 | €30,443 | €37,030 | +€6,587 | +21.6% |
| Other amounts receivable | 41 | €264 | €522 | +€258 | +97.7% |
| Cash at bank and in hand | 54/58 | €6,173 | €822 | -€5,350 | -86.7% |
| Deferred charges and accrued income | 490/1 | €3,282 | €3,401 | +€119 | +3.6% |
| Total equity and liabilities | 10/49 | €568,978 | €547,920 | -€21,058 | -3.7% |
| Equity | 10/15 | €22,186 | €38,066 | +€15,880 | +71.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,186 | €28,066 | +€15,880 | +130% |
| Amounts payable | 17/49 | €546,791 | €509,853 | -€36,938 | -6.8% |
| Amounts payable after more than one year | 17 | €444,306 | €382,711 | -€61,595 | -13.9% |
| Financial debts | 170/4 | €444,306 | €382,711 | -€61,595 | -13.9% |
| Amounts payable within one year | 42/48 | €102,485 | €127,142 | +€24,657 | +24.1% |
| Current portion of amounts payable after more than one year | 42 | €72,760 | €85,774 | +€13,014 | +17.9% |
| Trade debts | 44 | €29,726 | €9,270 | -€20,456 | -68.8% |
| Suppliers | 440/4 | €29,726 | €9,270 | -€20,456 | -68.8% |
| Taxes, remuneration and social security | 45 | - | €4,134 | +€4,134 | |
| Taxes | 450/3 | - | €4,134 | +€4,134 | |
| Other amounts payable | 47/48 | - | €27,965 | +€27,965 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,462 | €58,638 | +€7,176 | +13.9% |
| Other operating charges | 640/8 | €451 | €818 | +€366 | +81.2% |
| Gross operating margin | 9900 | €102,945 | €97,673 | -€5,272 | -5.1% |
| Operating profit (loss) | 9901 | €51,032 | €38,217 | -€12,815 | -25.1% |
| Financial income | 75/76B | - | €8,250 | +€8,250 | |
| Recurring financial income | 75 | - | €8,250 | +€8,250 | |
| Non-recurring financial income | 76B | - | €8,250 | +€8,250 | |
| Financial charges | 65/66B | €36,670 | €30,587 | -€6,082 | -16.6% |
| Recurring financial charges | 65 | €36,670 | €30,587 | -€6,082 | -16.6% |
| Profit (loss) for the period before taxes | 9903 | €14,363 | €15,880 | +€1,517 | +10.6% |
| Profit (loss) for the period | 9904 | €14,363 | €15,880 | +€1,517 | +10.6% |
| Profit (loss) for the period to be appropriated | 9905 | €14,363 | €15,880 | +€1,517 | +10.6% |
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 26 October 2026 via checked.be.