GEON: 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.
GEON
Largest movements
- Cash -€60,651
down €60,651 (-18.2%), from €333,066 to €272,414
mainly Contributions, distributions and other (-€57,253) and Other debts (-€54,586)
- Receivables within one year +€23,014
up €23,014 (+150.9%), from €15,253 to €38,267
of which Trade receivables: +€19,799
- Other debts -€54,586
down €54,586 (-75.4%), from €72,422 to €17,836
- Provisions +€16,620
up €16,620 (+6.6%), from €250,336 to €266,957
- Gross operating margin -€15,591
down €15,591 (-14.6%), from €106,786 to €91,195
- Taxes -€3,212
down €3,212 (-16.6%), from €19,403 to €16,191
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 | €349,430 | €311,835 | -€37,595 | -10.8% |
| Current assets | 29/58 | €349,430 | €311,835 | -€37,595 | -10.8% |
| Amounts receivable within one year | 40/41 | €15,253 | €38,267 | +€23,014 | +150.9% |
| Trade receivables | 40 | €14,656 | €34,455 | +€19,799 | +135.1% |
| Other amounts receivable | 41 | €597 | €3,812 | +€3,215 | +538.6% |
| Cash at bank and in hand | 54/58 | €333,066 | €272,414 | -€60,651 | -18.2% |
| Deferred charges and accrued income | 490/1 | €1,111 | €1,154 | +€43 | +3.8% |
| Total equity and liabilities | 10/49 | €349,430 | €311,835 | -€37,595 | -10.8% |
| Equity | 10/15 | €18,600 | €18,600 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Provisions and deferred taxes | 16 | €250,336 | €266,957 | +€16,620 | +6.6% |
| Provisions for liabilities and charges | 160/5 | €250,336 | €266,957 | +€16,620 | +6.6% |
| Other liabilities and charges | 164/5 | €250,336 | €266,957 | +€16,620 | +6.6% |
| Amounts payable | 17/49 | €80,494 | €26,278 | -€54,216 | -67.4% |
| Amounts payable within one year | 42/48 | €80,374 | €26,203 | -€54,171 | -67.4% |
| Trade debts | 44 | €4,843 | €1,815 | -€3,028 | -62.5% |
| Suppliers | 440/4 | €4,843 | €1,815 | -€3,028 | -62.5% |
| Taxes, remuneration and social security | 45 | €3,109 | €6,552 | +€3,443 | +110.8% |
| Taxes | 450/3 | €3,109 | €6,552 | +€3,443 | +110.8% |
| Other amounts payable | 47/48 | €72,422 | €17,836 | -€54,586 | -75.4% |
| Accrued charges and deferred income | 492/3 | €120 | €75 | -€45 | -37.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €274 | - | -€274 | |
| Other operating charges | 640/8 | €971 | €928 | -€43 | -4.4% |
| Non-recurring operating charges | 66A | €305 | €343 | +€38 | +12.6% |
| Gross operating margin | 9900 | €106,786 | €91,195 | -€15,591 | -14.6% |
| Operating profit (loss) | 9901 | €105,237 | €89,924 | -€15,313 | -14.6% |
| Financial charges | 65/66B | €15,494 | €16,481 | +€987 | +6.4% |
| Recurring financial charges | 65 | €15,494 | €16,481 | +€987 | +6.4% |
| Profit (loss) for the period before taxes | 9903 | €89,743 | €73,443 | -€16,299 | -18.2% |
| Income taxes | 67/77 | €19,403 | €16,191 | -€3,212 | -16.6% |
| Profit (loss) for the period | 9904 | €70,340 | €57,253 | -€13,087 | -18.6% |
| Profit (loss) for the period to be appropriated | 9905 | €70,340 | €57,253 | -€13,087 | -18.6% |
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 29 September 2026 via checked.be.