GEOMAR SERVICES: 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 SERVICES
Largest movements
- Receivables within one year -€8,744
down €8,744 (-20.5%), from €42,728 to €33,984
of which Trade receivables: -€9,111
- Tangible fixed assets -€8,088
down €8,088 (-13.8%), from €58,564 to €50,476
- Stocks and contracts -€8,000
no longer reported in 2025 (was €8,000)
- Cash +€2,650
up €2,650 (+419.7%), from €631 to €3,281
mainly Depreciation (+€9,327) and Receivables within one year (+€8,744)
- Debts after one year -€19,044
down €19,044 (-51.4%), from €37,049 to €18,005
- Tax, wage and social debts -€1,548
down €1,548 (-78.6%), from €1,968 to €421
- Trade debts -€1,199
down €1,199 (-52.8%), from €2,271 to €1,071
of which Suppliers: -€1,542
- Gross operating margin -€12,815
down €12,815 (-53.7%), from €23,846 to €11,032
- Depreciation -€10,378
down €10,378 (-52.7%), from €19,705 to €9,327
- Other operating charges -€2,126
down €2,126 (-68.6%), from €3,099 to €973
- Taxes -€477
down €477 (-53.1%), from €898 to €421
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 | €109,923 | €87,740 | -€22,183 | -20.2% |
| Fixed assets | 21/28 | €58,564 | €50,476 | -€8,088 | -13.8% |
| Tangible fixed assets | 22/27 | €58,564 | €50,476 | -€8,088 | -13.8% |
| Furniture and vehicles | 24 | €58,564 | €50,476 | -€8,088 | -13.8% |
| Current assets | 29/58 | €51,359 | €37,265 | -€14,095 | -27.4% |
| Stocks and contracts in progress | 3 | €8,000 | - | -€8,000 | |
| Contracts in progress | 37 | €8,000 | - | -€8,000 | |
| Amounts receivable within one year | 40/41 | €42,728 | €33,984 | -€8,744 | -20.5% |
| Trade receivables | 40 | €42,728 | €33,617 | -€9,111 | -21.3% |
| Other amounts receivable | 41 | - | €366 | +€366 | |
| Cash at bank and in hand | 54/58 | €631 | €3,281 | +€2,650 | +419.7% |
| Total equity and liabilities | 10/49 | €109,923 | €87,740 | -€22,183 | -20.2% |
| Equity | 10/15 | €49,591 | €49,200 | -€392 | -0.8% |
| Contributions | 10/11 | €600 | - | -€600 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €47,131 | €47,340 | +€208 | +0.4% |
| Amounts payable | 17/49 | €60,332 | €38,541 | -€21,791 | -36.1% |
| Amounts payable after more than one year | 17 | €37,049 | €18,005 | -€19,044 | -51.4% |
| Financial debts | 170/4 | €37,049 | €18,005 | -€19,044 | -51.4% |
| Amounts payable within one year | 42/48 | €23,283 | €20,536 | -€2,747 | -11.8% |
| Current portion of amounts payable after more than one year | 42 | €19,044 | €19,044 | = | 0.0% |
| Trade debts | 44 | €2,271 | €1,071 | -€1,199 | -52.8% |
| Suppliers | 440/4 | €2,271 | €728 | -€1,542 | -67.9% |
| Bills of exchange payable | 441 | - | €343 | +€343 | |
| Taxes, remuneration and social security | 45 | €1,968 | €421 | -€1,548 | -78.6% |
| Taxes | 450/3 | €1,968 | €421 | -€1,548 | -78.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,705 | €9,327 | -€10,378 | -52.7% |
| Other operating charges | 640/8 | €3,099 | €973 | -€2,126 | -68.6% |
| Gross operating margin | 9900 | €23,846 | €11,032 | -€12,815 | -53.7% |
| Operating profit (loss) | 9901 | €1,042 | €732 | -€310 | -29.8% |
| Financial charges | 65/66B | €143 | €103 | -€40 | -28.1% |
| Recurring financial charges | 65 | €143 | €103 | -€40 | -28.1% |
| Profit (loss) for the period before taxes | 9903 | €899 | €629 | -€270 | -30.0% |
| Income taxes | 67/77 | €898 | €421 | -€477 | -53.1% |
| Profit (loss) for the period | 9904 | €1 | €208 | +€207 | +18020.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1 | €208 | +€207 | +18020.0% |
Source: filed annual accounts (NBB), financial years ended 30 November 2024 and 30 November 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.