GEOLINE: 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.
GEOLINE
Largest movements
- Tangible fixed assets -€337,117
down €337,117 (-100.0%), from €337,117 to €0
- Receivables within one year +€71,652
up €71,652 (+14.4%), from €498,816 to €570,468
- Advances received -€788,185
down €788,185 (-100.0%), from €788,185 to €0
- Other debts +€368,927
up €368,927 (+3513.6%), from €10,500 to €379,427
- Tax, wage and social debts +€132,487
new in 2025: €132,487
- Profit (loss) carried forward +€29,666
up €29,666, from -€29,666 to €0
- Gross operating margin +€523,010
up €523,010, from -€5,887 to €517,123
- Taxes +€132,487
new in 2025: €132,487
- Depreciation -€19,586
down €19,586 (-100.0%), from €19,586 to €0
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 | €837,014 | €574,187 | -€262,826 | -31.4% |
| Fixed assets | 21/28 | €337,117 | €0 | -€337,117 | -100.0% |
| Tangible fixed assets | 22/27 | €337,117 | €0 | -€337,117 | -100.0% |
| Land and buildings | 22 | €337,117 | €0 | -€337,117 | -100.0% |
| Current assets | 29/58 | €499,897 | €574,187 | +€74,291 | +14.9% |
| Amounts receivable within one year | 40/41 | €498,816 | €570,468 | +€71,652 | +14.4% |
| Other amounts receivable | 41 | €498,816 | €570,468 | +€71,652 | +14.4% |
| Cash at bank and in hand | 54/58 | €25 | €3,719 | +€3,694 | +14897.1% |
| Deferred charges and accrued income | 490/1 | €1,056 | €0 | -€1,056 | -100.0% |
| Total equity and liabilities | 10/49 | €837,014 | €574,187 | -€262,826 | -31.4% |
| Equity | 10/15 | €37,608 | €62,274 | +€24,666 | +65.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €5,274 | €274 | -€5,000 | -94.8% |
| Non-distributable reserves | 130/1 | €5,274 | €274 | -€5,000 | -94.8% |
| Legal reserve | 130 | €5,274 | €274 | -€5,000 | -94.8% |
| Profit (loss) carried forward | 14 | -€29,666 | €0 | +€29,666 | |
| Amounts payable | 17/49 | €799,406 | €511,914 | -€287,492 | -36.0% |
| Amounts payable within one year | 42/48 | €799,406 | €511,914 | -€287,492 | -36.0% |
| Trade debts | 44 | €721 | €0 | -€721 | -100.0% |
| Suppliers | 440/4 | €721 | €0 | -€721 | -100.0% |
| Advances received on contracts in progress | 46 | €788,185 | €0 | -€788,185 | -100.0% |
| Taxes, remuneration and social security | 45 | - | €132,487 | +€132,487 | |
| Taxes | 450/3 | - | €132,487 | +€132,487 | |
| Other amounts payable | 47/48 | €10,500 | €379,427 | +€368,927 | +3513.6% |
| Non-recurring operating income | 76A | - | €525,092 | +€525,092 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,586 | €0 | -€19,586 | -100.0% |
| Other operating charges | 640/8 | €953 | €1,109 | +€156 | +16.4% |
| Gross operating margin | 9900 | -€5,887 | €517,123 | +€523,010 | |
| Operating profit (loss) | 9901 | -€26,425 | €516,014 | +€542,439 | |
| Financial income | 75/76B | €9,863 | €10,132 | +€269 | +2.7% |
| Recurring financial income | 75 | €9,863 | €10,132 | +€269 | +2.7% |
| Financial charges | 65/66B | €89 | €66 | -€23 | -26.2% |
| Recurring financial charges | 65 | €89 | €66 | -€23 | -26.2% |
| Profit (loss) for the period before taxes | 9903 | -€16,651 | €526,080 | +€542,731 | |
| Income taxes | 67/77 | - | €132,487 | +€132,487 | |
| Profit (loss) for the period | 9904 | -€16,651 | €393,593 | +€410,244 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,651 | €393,593 | +€410,244 |
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.