GEONESSE: 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.
GEONESSE
Largest movements
- Current investments +€237,077
up €237,077 (+66.7%), from €355,581 to €592,658
- Cash -€65,938
down €65,938 (-9.7%), from €682,914 to €616,976
mainly Current investments (-€237,077) and Other debts (-€87,600)
- Reserves +€282,425
up €282,425 (+19.7%), from €1.4m to €1.7m
of which Distributable reserves: +€282,425
- Other debts -€87,600
down €87,600 (-48.1%), from €182,254 to €94,654
- Debts after one year -€46,942
down €46,942 (-14.2%), from €330,991 to €284,048
- Gross operating margin -€44,396
down €44,396 (-7.4%), from €601,413 to €557,017
- Financial income +€35,649
up €35,649 (+600.5%), from €5,936 to €41,585
- Taxes -€14,516
down €14,516 (-8.5%), from €170,206 to €155,690
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 | €2,053,288 | €2,194,978 | +€141,690 | +6.9% |
| Fixed assets | 21/28 | €1,000,041 | €981,973 | -€18,068 | -1.8% |
| Tangible fixed assets | 22/27 | €1,000,041 | €981,973 | -€18,068 | -1.8% |
| Land and buildings | 22 | €952,228 | €913,821 | -€38,407 | -4.0% |
| Plant, machinery and equipment | 23 | €18,647 | €45,298 | +€26,651 | +142.9% |
| Furniture and vehicles | 24 | €29,166 | €22,854 | -€6,312 | -21.6% |
| Current assets | 29/58 | €1,053,247 | €1,213,005 | +€159,758 | +15.2% |
| Amounts receivable within one year | 40/41 | €11,060 | €0 | -€11,060 | -100.0% |
| Other amounts receivable | 41 | €11,060 | €0 | -€11,060 | -100.0% |
| Current investments | 50/53 | €355,581 | €592,658 | +€237,077 | +66.7% |
| Cash at bank and in hand | 54/58 | €682,914 | €616,976 | -€65,938 | -9.7% |
| Deferred charges and accrued income | 490/1 | €3,693 | €3,371 | -€322 | -8.7% |
| Total equity and liabilities | 10/49 | €2,053,288 | €2,194,978 | +€141,690 | +6.9% |
| Equity | 10/15 | €1,438,988 | €1,721,413 | +€282,425 | +19.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,432,788 | €1,715,213 | +€282,425 | +19.7% |
| Tax-exempt reserves | 132 | €168,400 | €168,400 | = | 0.0% |
| Distributable reserves | 133 | €1,264,388 | €1,546,813 | +€282,425 | +22.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €614,300 | €473,565 | -€140,736 | -22.9% |
| Amounts payable after more than one year | 17 | €330,991 | €284,048 | -€46,942 | -14.2% |
| Financial debts | 170/4 | €330,991 | €284,048 | -€46,942 | -14.2% |
| Amounts payable within one year | 42/48 | €283,310 | €189,516 | -€93,793 | -33.1% |
| Current portion of amounts payable after more than one year | 42 | €44,635 | €46,942 | +€2,308 | +5.2% |
| Trade debts | 44 | €1,421 | €3,375 | +€1,954 | +137.6% |
| Suppliers | 440/4 | €1,421 | €3,375 | +€1,954 | +137.6% |
| Taxes, remuneration and social security | 45 | €55,000 | €44,545 | -€10,455 | -19.0% |
| Taxes | 450/3 | €55,000 | €44,545 | -€10,455 | -19.0% |
| Other amounts payable | 47/48 | €182,254 | €94,654 | -€87,600 | -48.1% |
| Non-recurring operating income | 76A | - | €1,688 | +€1,688 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,750 | €52,926 | +€2,176 | +4.3% |
| Other operating charges | 640/8 | €5,878 | €6,251 | +€373 | +6.4% |
| Gross operating margin | 9900 | €601,413 | €557,017 | -€44,396 | -7.4% |
| Operating profit (loss) | 9901 | €544,786 | €497,840 | -€46,945 | -8.6% |
| Financial income | 75/76B | €5,936 | €41,585 | +€35,649 | +600.5% |
| Recurring financial income | 75 | €5,936 | €41,585 | +€35,649 | +600.5% |
| Financial charges | 65/66B | €20,490 | €18,284 | -€2,206 | -10.8% |
| Recurring financial charges | 65 | €20,490 | €18,284 | -€2,206 | -10.8% |
| Profit (loss) for the period before taxes | 9903 | €530,232 | €521,142 | -€9,090 | -1.7% |
| Income taxes | 67/77 | €170,206 | €155,690 | -€14,516 | -8.5% |
| Profit (loss) for the period | 9904 | €360,026 | €365,452 | +€5,426 | +1.5% |
| Transfer from tax-exempt reserves | 789 | €126,300 | €84,200 | -€42,100 | -33.3% |
| Transfer to tax-exempt reserves | 689 | €84,200 | €84,200 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €402,126 | €365,452 | -€36,674 | -9.1% |
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.