Geonite: 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.
Geonite
Largest movements
- Receivables within one year +€56,673
up €56,673 (+71.6%), from €79,143 to €135,816
of which Other amounts receivable: +€56,724
- Tangible fixed assets +€19,020
up €19,020 (+155.9%), from €12,202 to €31,222
of which Plant, machinery and equipment: +€26,746
- Deferred charges and accrued income +€5,402
up €5,402 (+258.5%), from €2,090 to €7,492
- Cash +€4,862
up €4,862 (+2410.5%), from €202 to €5,064
mainly Net result for the year (+€68,924) and Tax, wage and social debts (+€28,446)
- Reserves +€57,000
up €57,000 (+183.9%), from €31,000 to €88,000
- Tax, wage and social debts +€28,446
up €28,446 (+71.9%), from €39,574 to €68,020
- Gross operating margin +€14,520
up €14,520 (+16.2%), from €89,453 to €103,973
- Taxes +€5,896
up €5,896 (+35.4%), from €16,678 to €22,574
- Depreciation +€5,128
up €5,128 (+57.3%), from €8,945 to €14,073
- Financial income +€3,600
up €3,600 (+188.7%), from €1,908 to €5,507
- Other operating charges -€2,414
down €2,414 (-80.2%), from €3,009 to €595
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 | €95,447 | €181,136 | +€85,689 | +89.8% |
| Fixed assets | 21/28 | €14,012 | €32,764 | +€18,752 | +133.8% |
| Intangible fixed assets | 21 | €1,110 | €842 | -€268 | -24.1% |
| Tangible fixed assets | 22/27 | €12,202 | €31,222 | +€19,020 | +155.9% |
| Plant, machinery and equipment | 23 | €1,506 | €28,252 | +€26,746 | +1776.4% |
| Furniture and vehicles | 24 | €10,697 | €2,971 | -€7,726 | -72.2% |
| Financial fixed assets | 28 | €700 | €700 | = | 0.0% |
| Current assets | 29/58 | €81,435 | €148,372 | +€66,937 | +82.2% |
| Amounts receivable within one year | 40/41 | €79,143 | €135,816 | +€56,673 | +71.6% |
| Trade receivables | 40 | €3,025 | €2,974 | -€51 | -1.7% |
| Other amounts receivable | 41 | €76,118 | €132,842 | +€56,724 | +74.5% |
| Cash at bank and in hand | 54/58 | €202 | €5,064 | +€4,862 | +2410.5% |
| Deferred charges and accrued income | 490/1 | €2,090 | €7,492 | +€5,402 | +258.5% |
| Total equity and liabilities | 10/49 | €95,447 | €181,136 | +€85,689 | +89.8% |
| Equity | 10/15 | €32,317 | €89,241 | +€56,924 | +176.1% |
| Contributions | 10/11 | €1,200 | €1,200 | = | 0.0% |
| Reserves | 13 | €31,000 | €88,000 | +€57,000 | +183.9% |
| Distributable reserves | 133 | €31,000 | €88,000 | +€57,000 | +183.9% |
| Profit (loss) carried forward | 14 | €117 | €41 | -€76 | -64.7% |
| Amounts payable | 17/49 | €63,130 | €91,895 | +€28,765 | +45.6% |
| Amounts payable within one year | 42/48 | €63,130 | €91,895 | +€28,765 | +45.6% |
| Trade debts | 44 | €11,556 | €11,875 | +€319 | +2.8% |
| Suppliers | 440/4 | €11,556 | €11,875 | +€319 | +2.8% |
| Taxes, remuneration and social security | 45 | €39,574 | €68,020 | +€28,446 | +71.9% |
| Taxes | 450/3 | €39,574 | €68,020 | +€28,446 | +71.9% |
| Other amounts payable | 47/48 | €12,000 | €12,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,945 | €14,073 | +€5,128 | +57.3% |
| Other operating charges | 640/8 | €3,009 | €595 | -€2,414 | -80.2% |
| Non-recurring operating charges | 66A | €421 | €2,309 | +€1,888 | +448.1% |
| Gross operating margin | 9900 | €89,453 | €103,973 | +€14,520 | +16.2% |
| Operating profit (loss) | 9901 | €77,078 | €86,997 | +€9,919 | +12.9% |
| Financial income | 75/76B | €1,908 | €5,507 | +€3,600 | +188.7% |
| Recurring financial income | 75 | €1,908 | €5,507 | +€3,600 | +188.7% |
| Financial charges | 65/66B | €511 | €1,006 | +€495 | +96.9% |
| Recurring financial charges | 65 | €511 | €1,006 | +€495 | +96.9% |
| Profit (loss) for the period before taxes | 9903 | €78,475 | €91,499 | +€13,023 | +16.6% |
| Income taxes | 67/77 | €16,678 | €22,574 | +€5,896 | +35.4% |
| Profit (loss) for the period | 9904 | €61,797 | €68,924 | +€7,127 | +11.5% |
| Profit (loss) for the period to be appropriated | 9905 | €61,797 | €68,924 | +€7,127 | +11.5% |
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 30 September 2026 via checked.be.