GEOMARKT: 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.
GEOMARKT
Largest movements
- Cash +€106,317
up €106,317 (+749%), from €14,196 to €120,514
mainly Receivables within one year (+€95,379) and Other debts (+€22,342)
- Receivables within one year -€95,379
down €95,379 (-47.1%), from €202,440 to €107,061
of which Trade receivables: -€95,193
- Other debts +€22,342
up €22,342 (+19.7%), from €113,615 to €135,958
- Tax, wage and social debts -€13,786
down €13,786 (-50.2%), from €27,439 to €13,653
of which Taxes: -€11,799
- Gross operating margin -€24,056
down €24,056 (-22.2%), from €108,527 to €84,472
- Financial income +€11,628
up €11,628 (+1,780%), from €653 to €12,281
of which Non-recurring financial income: +€11,503
- Taxes -€3,128
down €3,128 (-94.6%), from €3,307 to €179
- Write-downs +€2,112
up €2,112 (+65.6%), from -€3,219 to -€1,107
- Financial charges +€1,270
up €1,270 (+129%), from €986 to €2,256
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 | €224,990 | €235,190 | +€10,200 | +4.5% |
| Fixed assets | 21/28 | €3,235 | €893 | -€2,342 | -72.4% |
| Tangible fixed assets | 22/27 | €2,615 | €273 | -€2,342 | -89.6% |
| Plant, machinery and equipment | 23 | €344 | - | -€344 | |
| Furniture and vehicles | 24 | €2,271 | €273 | -€1,998 | -88.0% |
| Financial fixed assets | 28 | €620 | €620 | = | 0.0% |
| Current assets | 29/58 | €221,755 | €234,297 | +€12,542 | +5.7% |
| Amounts receivable within one year | 40/41 | €202,440 | €107,061 | -€95,379 | -47.1% |
| Trade receivables | 40 | €201,550 | €106,357 | -€95,193 | -47.2% |
| Other amounts receivable | 41 | €890 | €704 | -€186 | -20.9% |
| Cash at bank and in hand | 54/58 | €14,196 | €120,514 | +€106,317 | +749% |
| Deferred charges and accrued income | 490/1 | €5,118 | €6,722 | +€1,604 | +31.3% |
| Total equity and liabilities | 10/49 | €224,990 | €235,190 | +€10,200 | +4.5% |
| Equity | 10/15 | €57,915 | €59,148 | +€1,233 | +2.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €12,500 | €12,500 | = | 0.0% |
| Distributable reserves | 133 | €12,500 | €12,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,415 | €26,648 | +€1,233 | +4.9% |
| Amounts payable | 17/49 | €167,074 | €176,042 | +€8,967 | +5.4% |
| Amounts payable within one year | 42/48 | €167,074 | €176,042 | +€8,967 | +5.4% |
| Trade debts | 44 | €26,020 | €26,431 | +€411 | +1.6% |
| Suppliers | 440/4 | €26,020 | €26,431 | +€411 | +1.6% |
| Taxes, remuneration and social security | 45 | €27,439 | €13,653 | -€13,786 | -50.2% |
| Taxes | 450/3 | €15,285 | €3,486 | -€11,799 | -77.2% |
| Remuneration and social security | 454/9 | €12,154 | €10,168 | -€1,986 | -16.3% |
| Other amounts payable | 47/48 | €113,615 | €135,958 | +€22,342 | +19.7% |
| Remuneration, social security and pensions | 62 | €87,241 | €87,140 | -€100 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,207 | €2,342 | -€866 | -27.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€3,219 | -€1,107 | +€2,112 | +65.6% |
| Other operating charges | 640/8 | €4,921 | €4,710 | -€212 | -4.3% |
| Gross operating margin | 9900 | €108,527 | €84,472 | -€24,056 | -22.2% |
| Operating profit (loss) | 9901 | €16,376 | -€8,614 | -€24,990 | |
| Financial income | 75/76B | €653 | €12,281 | +€11,628 | +1,780% |
| Recurring financial income | 75 | €653 | €778 | +€124 | +19.0% |
| Non-recurring financial income | 76B | - | €11,503 | +€11,503 | |
| Financial charges | 65/66B | €986 | €2,256 | +€1,270 | +129% |
| Recurring financial charges | 65 | €986 | €2,256 | +€1,270 | +129% |
| Profit (loss) for the period before taxes | 9903 | €16,044 | €1,412 | -€14,632 | -91.2% |
| Income taxes | 67/77 | €3,307 | €179 | -€3,128 | -94.6% |
| Profit (loss) for the period | 9904 | €12,737 | €1,233 | -€11,504 | -90.3% |
| Profit (loss) for the period to be appropriated | 9905 | €12,737 | €1,233 | -€11,504 | -90.3% |
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 17 October 2026 via checked.be.