Geomar Group: 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.
Geomar Group
Largest movements
- Tangible fixed assets -€12,660
down €12,660 (-41.3%), from €30,674 to €18,013
of which Plant, machinery and equipment: -€8,287
- Stocks and contracts +€4,236
up €4,236 (+2.7%), from €156,610 to €160,846
- Receivables within one year -€2,670
down €2,670 (-20.5%), from €12,995 to €10,325
of which Other amounts receivable: -€1,911
- Debts after one year -€7,184
down €7,184 (-5.6%), from €128,203 to €121,019
- Tax, wage and social debts +€4,772
up €4,772 (+39.1%), from €12,197 to €16,968
of which Taxes: +€2,481
- Trade debts -€3,968
down €3,968 (-22.2%), from €17,898 to €13,931
- Current portion of long-term debt -€3,453
down €3,453 (-29.2%), from €11,815 to €8,362
- Profit (loss) carried forward +€2,639
up €2,639 (+4.5%), from €58,956 to €61,595
- Gross operating margin -€16,541
down €16,541 (-30.9%), from €53,575 to €37,034
- Taxes -€3,101
down €3,101 (-38.9%), from €7,964 to €4,863
- Financial charges +€2,210
up €2,210 (+62.9%), from €3,514 to €5,723
- Depreciation +€746
up €746 (+4.4%), from €16,814 to €17,561
- Other operating charges +€685
up €685 (+28.7%), from €2,384 to €3,069
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 | €235,613 | €226,874 | -€8,739 | -3.7% |
| Fixed assets | 21/28 | €36,450 | €23,178 | -€13,271 | -36.4% |
| Intangible fixed assets | 21 | €1,831 | €1,220 | -€611 | -33.4% |
| Tangible fixed assets | 22/27 | €30,674 | €18,013 | -€12,660 | -41.3% |
| Plant, machinery and equipment | 23 | €8,287 | - | -€8,287 | |
| Furniture and vehicles | 24 | €22,387 | €18,013 | -€4,373 | -19.5% |
| Financial fixed assets | 28 | €3,945 | €3,945 | = | 0.0% |
| Current assets | 29/58 | €199,163 | €203,696 | +€4,532 | +2.3% |
| Stocks and contracts in progress | 3 | €156,610 | €160,846 | +€4,236 | +2.7% |
| Stocks | 30/36 | €156,610 | €160,846 | +€4,236 | +2.7% |
| Amounts receivable within one year | 40/41 | €12,995 | €10,325 | -€2,670 | -20.5% |
| Trade receivables | 40 | €11,074 | €10,316 | -€758 | -6.8% |
| Other amounts receivable | 41 | €1,920 | €9 | -€1,911 | -99.5% |
| Current investments | 50/53 | €1,848 | €1,848 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €27,002 | €28,329 | +€1,327 | +4.9% |
| Deferred charges and accrued income | 490/1 | €709 | €2,348 | +€1,639 | +231% |
| Total equity and liabilities | 10/49 | €235,613 | €226,874 | -€8,739 | -3.7% |
| Equity | 10/15 | €63,956 | €66,595 | +€2,639 | +4.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €58,956 | €61,595 | +€2,639 | +4.5% |
| Amounts payable | 17/49 | €171,657 | €160,279 | -€11,378 | -6.6% |
| Amounts payable after more than one year | 17 | €128,203 | €121,019 | -€7,184 | -5.6% |
| Financial debts | 170/4 | €128,203 | €121,019 | -€7,184 | -5.6% |
| Amounts payable within one year | 42/48 | €43,455 | €39,260 | -€4,194 | -9.7% |
| Current portion of amounts payable after more than one year | 42 | €11,815 | €8,362 | -€3,453 | -29.2% |
| Trade debts | 44 | €17,898 | €13,931 | -€3,968 | -22.2% |
| Suppliers | 440/4 | €17,898 | €13,931 | -€3,968 | -22.2% |
| Advances received on contracts in progress | 46 | €1,545 | - | -€1,545 | |
| Taxes, remuneration and social security | 45 | €12,197 | €16,968 | +€4,772 | +39.1% |
| Taxes | 450/3 | €12,197 | €14,678 | +€2,481 | +20.3% |
| Remuneration and social security | 454/9 | - | €2,290 | +€2,290 | |
| Non-recurring operating income | 76A | €885 | - | -€885 | |
| Remuneration, social security and pensions | 62 | €2,982 | €3,223 | +€242 | +8.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,814 | €17,561 | +€746 | +4.4% |
| Other operating charges | 640/8 | €2,384 | €3,069 | +€685 | +28.7% |
| Gross operating margin | 9900 | €53,575 | €37,034 | -€16,541 | -30.9% |
| Operating profit (loss) | 9901 | €31,396 | €13,181 | -€18,214 | -58.0% |
| Financial income | 75/76B | €80 | €45 | -€35 | -44.3% |
| Recurring financial income | 75 | €80 | €45 | -€35 | -44.3% |
| Financial charges | 65/66B | €3,514 | €5,723 | +€2,210 | +62.9% |
| Recurring financial charges | 65 | €3,514 | €5,723 | +€2,210 | +62.9% |
| Profit (loss) for the period before taxes | 9903 | €27,962 | €7,503 | -€20,459 | -73.2% |
| Income taxes | 67/77 | €7,964 | €4,863 | -€3,101 | -38.9% |
| Profit (loss) for the period | 9904 | €19,998 | €2,639 | -€17,359 | -86.8% |
| Profit (loss) for the period to be appropriated | 9905 | €19,998 | €2,639 | -€17,359 | -86.8% |
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 23 October 2026 via checked.be.