GEOMEXIM: 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.
GEOMEXIM
Largest movements
- Tangible fixed assets -€84,444
down €84,444 (-6.4%), from €1.3m to €1.2m
- Cash -€51,694
down €51,694 (-56.1%), from €92,099 to €40,405
mainly Debts after one year (-€145,760) and Investment in fixed assets (net) (-€32,660)
- Receivables within one year +€14,725
up €14,725 (+117.8%), from €12,500 to €27,225
of which Trade receivables: +€14,725
- Debts after one year -€145,760
down €145,760 (-57.8%), from €252,110 to €106,350
of which Financial debts: -€143,260
- Profit (loss) carried forward +€39,240
up €39,240 (+33.7%), from -€116,382 to -€77,141
- Gross operating margin +€12,770
up €12,770 (+7.9%), from €161,831 to €174,602
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,419,516 | €1,299,617 | -€119,899 | -8.4% |
| Fixed assets | 21/28 | €1,311,060 | €1,226,616 | -€84,444 | -6.4% |
| Tangible fixed assets | 22/27 | €1,311,060 | €1,226,616 | -€84,444 | -6.4% |
| Land and buildings | 22 | €1,311,060 | €1,226,616 | -€84,444 | -6.4% |
| Current assets | 29/58 | €108,456 | €73,001 | -€35,455 | -32.7% |
| Amounts receivable within one year | 40/41 | €12,500 | €27,225 | +€14,725 | +117.8% |
| Trade receivables | 40 | €12,500 | €27,225 | +€14,725 | +117.8% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €92,099 | €40,405 | -€51,694 | -56.1% |
| Deferred charges and accrued income | 490/1 | €3,857 | €5,371 | +€1,514 | +39.3% |
| Total equity and liabilities | 10/49 | €1,419,516 | €1,299,617 | -€119,899 | -8.4% |
| Equity | 10/15 | €637,596 | €676,837 | +€39,240 | +6.2% |
| Contributions | 10/11 | €706,497 | €706,497 | = | 0.0% |
| Capital | 10 | €706,497 | €706,497 | = | 0.0% |
| Issued capital | 100 | €706,497 | €706,497 | = | 0.0% |
| Reserves | 13 | €47,482 | €47,482 | = | 0.0% |
| Non-distributable reserves | 130/1 | €47,482 | €47,482 | = | 0.0% |
| Legal reserve | 130 | €47,482 | €47,482 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€116,382 | -€77,141 | +€39,240 | +33.7% |
| Amounts payable | 17/49 | €781,919 | €622,780 | -€159,139 | -20.4% |
| Amounts payable after more than one year | 17 | €252,110 | €106,350 | -€145,760 | -57.8% |
| Financial debts | 170/4 | €247,885 | €104,625 | -€143,260 | -57.8% |
| Other amounts payable | 178/9 | €4,225 | €1,725 | -€2,500 | -59.2% |
| Amounts payable within one year | 42/48 | €522,063 | €509,362 | -€12,701 | -2.4% |
| Current portion of amounts payable after more than one year | 42 | €54,599 | €46,500 | -€8,099 | -14.8% |
| Trade debts | 44 | €9,955 | €2,152 | -€7,804 | -78.4% |
| Suppliers | 440/4 | €9,955 | €2,152 | -€7,804 | -78.4% |
| Taxes, remuneration and social security | 45 | €2,209 | €5,410 | +€3,202 | +145.0% |
| Taxes | 450/3 | €2,209 | €5,410 | +€3,202 | +145.0% |
| Other amounts payable | 47/48 | €455,300 | €455,300 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €7,747 | €7,068 | -€679 | -8.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €116,790 | €117,104 | +€313 | +0.3% |
| Other operating charges | 640/8 | €13,920 | €15,045 | +€1,125 | +8.1% |
| Gross operating margin | 9900 | €161,831 | €174,602 | +€12,770 | +7.9% |
| Operating profit (loss) | 9901 | €31,122 | €42,454 | +€11,332 | +36.4% |
| Financial income | 75/76B | €136 | €0 | -€136 | -99.9% |
| Recurring financial income | 75 | €136 | €0 | -€136 | -99.9% |
| Financial charges | 65/66B | €4,392 | €3,213 | -€1,178 | -26.8% |
| Recurring financial charges | 65 | €4,392 | €3,213 | -€1,178 | -26.8% |
| Profit (loss) for the period before taxes | 9903 | €26,866 | €39,240 | +€12,374 | +46.1% |
| Income taxes | 67/77 | - | €0 | +€0 | |
| Profit (loss) for the period | 9904 | €26,866 | €39,240 | +€12,374 | +46.1% |
| Profit (loss) for the period to be appropriated | 9905 | €26,866 | €39,240 | +€12,374 | +46.1% |
Source: filed annual accounts (NBB), financial years ended 31 March 2023 and 31 March 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.