GEOMC2: 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.
GEOMC2
Largest movements
- Tangible fixed assets -€9,568
down €9,568 (-33.6%), from €28,446 to €18,879
of which Leasing and similar rights: -€5,348
- Receivables within one year -€2,577
down €2,577 (-56.6%), from €4,549 to €1,973
of which Trade receivables: -€2,557
- Cash +€1,317
up €1,317 (+82.7%), from €1,591 to €2,908
mainly Depreciation (+€9,568) and Net result for the year (+€2,840)
- Deferred charges and accrued income +€752
up €752 (+85.0%), from €884 to €1,636
- Trade debts -€5,008
down €5,008 (-80.6%), from €6,216 to €1,208
- Debts after one year -€4,579
down €4,579 (-48.9%), from €9,359 to €4,781
- Other debts -€3,752
down €3,752 (-58.8%), from €6,381 to €2,630
- Reserves +€2,840
up €2,840 (+50.2%), from €5,663 to €8,503
- Tax, wage and social debts +€694
up €694 (+214.2%), from €324 to €1,018
- Gross operating margin +€10,603
up €10,603 (+285.3%), from €3,716 to €14,319
- Financial charges -€1,417
down €1,417 (-61.7%), from €2,295 to €879
of which Financial charges: -€882
- Other operating charges +€793
up €793 (+766.8%), from €103 to €896
- Taxes +€286
up €286, from -€149 to €137
- Depreciation -€224
down €224 (-2.3%), from €9,792 to €9,568
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 | €35,471 | €25,395 | -€10,076 | -28.4% |
| Fixed assets | 21/28 | €28,446 | €18,879 | -€9,568 | -33.6% |
| Tangible fixed assets | 22/27 | €28,446 | €18,879 | -€9,568 | -33.6% |
| Plant, machinery and equipment | 23 | €1,599 | €1,102 | -€497 | -31.1% |
| Furniture and vehicles | 24 | €10,593 | €6,870 | -€3,723 | -35.1% |
| Leasing and similar rights | 25 | €16,254 | €10,906 | -€5,348 | -32.9% |
| Current assets | 29/58 | €7,025 | €6,517 | -€508 | -7.2% |
| Amounts receivable within one year | 40/41 | €4,549 | €1,973 | -€2,577 | -56.6% |
| Trade receivables | 40 | €4,324 | €1,767 | -€2,557 | -59.1% |
| Other amounts receivable | 41 | €226 | €206 | -€20 | -8.9% |
| Cash at bank and in hand | 54/58 | €1,591 | €2,908 | +€1,317 | +82.7% |
| Deferred charges and accrued income | 490/1 | €884 | €1,636 | +€752 | +85.0% |
| Total equity and liabilities | 10/49 | €35,471 | €25,395 | -€10,076 | -28.4% |
| Equity | 10/15 | €8,163 | €11,003 | +€2,840 | +34.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €5,663 | €8,503 | +€2,840 | +50.2% |
| Distributable reserves | 133 | €5,663 | €8,503 | +€2,840 | +50.2% |
| Amounts payable | 17/49 | €27,308 | €14,392 | -€12,916 | -47.3% |
| Amounts payable after more than one year | 17 | €9,359 | €4,781 | -€4,579 | -48.9% |
| Financial debts | 170/4 | €9,359 | €4,781 | -€4,579 | -48.9% |
| Amounts payable within one year | 42/48 | €17,500 | €9,434 | -€8,066 | -46.1% |
| Current portion of amounts payable after more than one year | 42 | €4,579 | €4,579 | = | 0.0% |
| Trade debts | 44 | €6,216 | €1,208 | -€5,008 | -80.6% |
| Suppliers | 440/4 | €6,216 | €1,208 | -€5,008 | -80.6% |
| Taxes, remuneration and social security | 45 | €324 | €1,018 | +€694 | +214.2% |
| Taxes | 450/3 | €324 | €1,018 | +€694 | +214.2% |
| Other amounts payable | 47/48 | €6,381 | €2,630 | -€3,752 | -58.8% |
| Accrued charges and deferred income | 492/3 | €449 | €177 | -€272 | -60.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,792 | €9,568 | -€224 | -2.3% |
| Other operating charges | 640/8 | €103 | €896 | +€793 | +766.8% |
| Gross operating margin | 9900 | €3,716 | €14,319 | +€10,603 | +285.3% |
| Operating profit (loss) | 9901 | -€6,178 | €3,856 | +€10,034 | |
| Financial income | 75/76B | €16 | €0 | -€16 | -99.9% |
| Recurring financial income | 75 | €16 | €0 | -€16 | -99.9% |
| Financial charges | 65/66B | €2,295 | €879 | -€1,417 | -61.7% |
| Recurring financial charges | 65 | €1,761 | €879 | -€882 | -50.1% |
| Non-recurring financial charges | 66B | €534 | €0 | -€534 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | -€8,457 | €2,977 | +€11,434 | |
| Income taxes | 67/77 | -€149 | €137 | +€286 | |
| Profit (loss) for the period | 9904 | -€8,308 | €2,840 | +€11,148 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,308 | €2,840 | +€11,148 |
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 6 October 2026 via checked.be.