GEOM-EX: 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.
GEOM-EX
Largest movements
- Tangible fixed assets +€22,433
up €22,433 (+124.9%), from €17,960 to €40,392
of which Land and buildings: +€22,817
- Receivables within one year -€7,840
down €7,840 (-92.8%), from €8,445 to €605
of which Trade receivables: -€4,975
- Cash -€7,076
down €7,076 (-98.9%), from €7,153 to €77
mainly Investment in fixed assets (net) (-€27,472) and Trade debts (-€1,973)
- Profit (loss) carried forward +€8,756
up €8,756 (+12.2%), from -€71,903 to -€63,148
- Trade debts -€1,973
down €1,973 (-40.7%), from €4,850 to €2,877
- Gross operating margin +€14,033
up €14,033 (+253.0%), from €5,548 to €19,581
- Taxes +€3,506
up €3,506 (+501.3%), from €699 to €4,206
- Depreciation +€1,459
up €1,459 (+37.9%), from €3,852 to €5,311
- Other operating charges +€234
up €234 (+25.0%), from €935 to €1,168
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 | €35,909 | €43,236 | +€7,327 | +20.4% |
| Fixed assets | 21/28 | €19,042 | €41,204 | +€22,161 | +116.4% |
| Intangible fixed assets | 21 | €1,083 | €811 | -€271 | -25.1% |
| Tangible fixed assets | 22/27 | €17,960 | €40,392 | +€22,433 | +124.9% |
| Land and buildings | 22 | €13,356 | €36,173 | +€22,817 | +170.8% |
| Furniture and vehicles | 24 | €4,604 | €4,219 | -€384 | -8.3% |
| Current assets | 29/58 | €16,867 | €2,032 | -€14,835 | -88.0% |
| Amounts receivable within one year | 40/41 | €8,445 | €605 | -€7,840 | -92.8% |
| Trade receivables | 40 | €5,580 | €605 | -€4,975 | -89.2% |
| Other amounts receivable | 41 | €2,866 | €0 | -€2,866 | -100.0% |
| Cash at bank and in hand | 54/58 | €7,153 | €77 | -€7,076 | -98.9% |
| Deferred charges and accrued income | 490/1 | €1,268 | €1,350 | +€82 | +6.5% |
| Total equity and liabilities | 10/49 | €35,909 | €43,236 | +€7,327 | +20.4% |
| Equity | 10/15 | -€60,748 | -€51,992 | +€8,756 | +14.4% |
| Contributions | 10/11 | €2,479 | €2,479 | = | 0.0% |
| Reserves | 13 | €8,676 | €8,676 | = | 0.0% |
| Non-distributable reserves | 130/1 | €8,676 | €8,676 | = | 0.0% |
| Own shares acquired | 1312 | €8,676 | €8,676 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€71,903 | -€63,148 | +€8,756 | +12.2% |
| Amounts payable | 17/49 | €96,657 | €95,228 | -€1,429 | -1.5% |
| Amounts payable within one year | 42/48 | €96,657 | €95,228 | -€1,429 | -1.5% |
| Trade debts | 44 | €4,850 | €2,877 | -€1,973 | -40.7% |
| Suppliers | 440/4 | €4,850 | €2,877 | -€1,973 | -40.7% |
| Taxes, remuneration and social security | 45 | €1,642 | €2,056 | +€414 | +25.2% |
| Taxes | 450/3 | €1,642 | €2,056 | +€414 | +25.2% |
| Other amounts payable | 47/48 | €90,165 | €90,295 | +€130 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,852 | €5,311 | +€1,459 | +37.9% |
| Other operating charges | 640/8 | €935 | €1,168 | +€234 | +25.0% |
| Gross operating margin | 9900 | €5,548 | €19,581 | +€14,033 | +253.0% |
| Operating profit (loss) | 9901 | €762 | €13,102 | +€12,341 | +1620.4% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €143 | €141 | -€2 | -1.4% |
| Recurring financial charges | 65 | €143 | €141 | -€2 | -1.4% |
| Profit (loss) for the period before taxes | 9903 | €619 | €12,961 | +€12,343 | +1994.5% |
| Income taxes | 67/77 | €699 | €4,206 | +€3,506 | +501.3% |
| Profit (loss) for the period | 9904 | -€81 | €8,756 | +€8,836 | |
| Profit (loss) for the period to be appropriated | 9905 | -€81 | €8,756 | +€8,836 |
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 1 October 2026 via checked.be.