GEOMI: 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.
GEOMI
Largest movements
- Tangible fixed assets -€55,829
down €55,829 (-11.6%), from €480,585 to €424,756
- Cash +€52,945
up €52,945 (+44.5%), from €119,081 to €172,026
mainly Depreciation (+€69,288) and Tax, wage and social debts (+€45,453)
- Receivables within one year -€13,533
down €13,533 (-18.0%), from €75,003 to €61,470
of which Other amounts receivable: -€8,257
- Tax, wage and social debts +€45,453
up €45,453 (+54.1%), from €84,093 to €129,546
of which Remuneration and social security: +€32,824
- Debts after one year -€32,477
down €32,477 (-17.5%), from €185,987 to €153,509
- Reserves -€31,500
down €31,500 (-12.9%), from €244,130 to €212,630
- Other debts +€15,877
up €15,877 (+48.9%), from €32,500 to €48,377
- Profit (loss) carried forward -€12,275
down €12,275, from €945 to -€11,329
- Staff costs +€101,969
up €101,969 (+12.6%), from €808,783 to €910,752
- Turnover +€66,378
up €66,378 (+3.1%), from €2.1m to €2.2m
- Purchases and services +€35,076
up €35,076 (+3.0%), from €1.2m to €1.2m
- Gross operating margin +€31,302
up €31,302 (+3.3%), from €961,097 to €992,399
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 | €712,194 | €705,490 | -€6,704 | -0.9% |
| Fixed assets | 21/28 | €480,603 | €424,774 | -€55,829 | -11.6% |
| Tangible fixed assets | 22/27 | €480,585 | €424,756 | -€55,829 | -11.6% |
| Land and buildings | 22 | €341,608 | €324,603 | -€17,005 | -5.0% |
| Plant, machinery and equipment | 23 | €46,047 | €34,668 | -€11,379 | -24.7% |
| Furniture and vehicles | 24 | €10,120 | €8,308 | -€1,812 | -17.9% |
| Leasing and similar rights | 25 | €82,811 | €57,178 | -€25,633 | -31.0% |
| Financial fixed assets | 28 | €18 | €18 | = | 0.0% |
| Current assets | 29/58 | €231,591 | €280,716 | +€49,125 | +21.2% |
| Stocks and contracts in progress | 3 | €36,588 | €41,782 | +€5,194 | +14.2% |
| Stocks | 30/36 | €36,588 | €41,782 | +€5,194 | +14.2% |
| Amounts receivable within one year | 40/41 | €75,003 | €61,470 | -€13,533 | -18.0% |
| Trade receivables | 40 | €18,784 | €13,509 | -€5,276 | -28.1% |
| Other amounts receivable | 41 | €56,219 | €47,961 | -€8,257 | -14.7% |
| Cash at bank and in hand | 54/58 | €119,081 | €172,026 | +€52,945 | +44.5% |
| Deferred charges and accrued income | 490/1 | €919 | €5,438 | +€4,519 | +491.6% |
| Total equity and liabilities | 10/49 | €712,194 | €705,490 | -€6,704 | -0.9% |
| Equity | 10/15 | €265,075 | €221,301 | -€43,775 | -16.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Capital | 10 | €20,000 | €20,000 | = | 0.0% |
| Issued capital | 100 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €244,130 | €212,630 | -€31,500 | -12.9% |
| Distributable reserves | 133 | €244,130 | €212,630 | -€31,500 | -12.9% |
| Profit (loss) carried forward | 14 | €945 | -€11,329 | -€12,275 | |
| Amounts payable | 17/49 | €447,119 | €484,190 | +€37,071 | +8.3% |
| Amounts payable after more than one year | 17 | €185,987 | €153,509 | -€32,477 | -17.5% |
| Financial debts | 170/4 | €185,987 | €153,509 | -€32,477 | -17.5% |
| Amounts payable within one year | 42/48 | €261,132 | €324,080 | +€62,948 | +24.1% |
| Current portion of amounts payable after more than one year | 42 | €50,085 | €48,907 | -€1,178 | -2.4% |
| Trade debts | 44 | €94,454 | €97,251 | +€2,796 | +3.0% |
| Suppliers | 440/4 | €94,454 | €97,251 | +€2,796 | +3.0% |
| Taxes, remuneration and social security | 45 | €84,093 | €129,546 | +€45,453 | +54.1% |
| Taxes | 450/3 | €171 | €12,800 | +€12,629 | +7405.9% |
| Remuneration and social security | 454/9 | €83,922 | €116,746 | +€32,824 | +39.1% |
| Other amounts payable | 47/48 | €32,500 | €48,377 | +€15,877 | +48.9% |
| Accrued charges and deferred income | 492/3 | - | €6,600 | +€6,600 | |
| Turnover | 70 | €2,130,064 | €2,196,442 | +€66,378 | +3.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,168,967 | €1,204,043 | +€35,076 | +3.0% |
| Remuneration, social security and pensions | 62 | €808,783 | €910,752 | +€101,969 | +12.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €68,498 | €69,288 | +€790 | +1.2% |
| Other operating charges | 640/8 | €10,259 | €6,139 | -€4,120 | -40.2% |
| Gross operating margin | 9900 | €961,097 | €992,399 | +€31,302 | +3.3% |
| Operating profit (loss) | 9901 | €73,557 | €6,219 | -€67,338 | -91.5% |
| Financial income | 75/76B | €4 | €29 | +€24 | +590.8% |
| Recurring financial income | 75 | €4 | €29 | +€24 | +590.8% |
| Financial charges | 65/66B | €19,941 | €17,874 | -€2,067 | -10.4% |
| Recurring financial charges | 65 | €19,941 | €17,874 | -€2,067 | -10.4% |
| Profit (loss) for the period before taxes | 9903 | €53,621 | -€11,626 | -€65,247 | |
| Income taxes | 67/77 | €19,694 | €649 | -€19,045 | -96.7% |
| Profit (loss) for the period | 9904 | €33,927 | -€12,275 | -€46,201 | |
| Profit (loss) for the period to be appropriated | 9905 | €33,927 | -€12,275 | -€46,201 |
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 10 October 2026 via checked.be.