GEOPAC: 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.
GEOPAC
Largest movements
- Receivables within one year -€7,946
down €7,946 (-18.6%), from €42,641 to €34,695
of which Trade receivables: -€5,753
- Cash +€5,902
up €5,902 (+31.9%), from €18,514 to €24,416
mainly Receivables within one year (+€7,946) and Net result for the year (+€2,170)
- Stocks and contracts -€1,500
down €1,500 (-37.5%), from €4,000 to €2,500
- Deferred charges and accrued income -€802
down €802 (-15.6%), from €5,133 to €4,331
- Debts after one year -€7,214
down €7,214 (-32.1%), from €22,471 to €15,256
- Profit (loss) carried forward +€2,170
up €2,170 (+41.4%), from -€5,246 to -€3,077
- Tax, wage and social debts +€2,140
up €2,140 (+12,930%), from €17 to €2,157
- Gross operating margin -€2,795
down €2,795 (-30.7%), from €9,095 to €6,299
- Depreciation -€929
down €929 (-39.3%), from €2,363 to €1,434
- Financial charges -€262
down €262 (-10.4%), from €2,519 to €2,256
- Other operating charges +€213
up €213 (+87.2%), from €244 to €456
- Financial income -€162
down €162 (-90.7%), from €179 to €17
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.
Derived cash bridge
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 | €76,296 | €72,610 | -€3,686 | -4.8% |
| Fixed assets | 21/28 | €6,008 | €6,667 | +€660 | +11.0% |
| Tangible fixed assets | 22/27 | €5,355 | €6,014 | +€660 | +12.3% |
| Furniture and vehicles | 24 | €5,355 | €6,014 | +€660 | +12.3% |
| Financial fixed assets | 28 | €653 | €653 | = | 0.0% |
| Current assets | 29/58 | €70,288 | €65,942 | -€4,346 | -6.2% |
| Stocks and contracts in progress | 3 | €4,000 | €2,500 | -€1,500 | -37.5% |
| Stocks | 30/36 | €4,000 | €2,500 | -€1,500 | -37.5% |
| Amounts receivable within one year | 40/41 | €42,641 | €34,695 | -€7,946 | -18.6% |
| Trade receivables | 40 | €34,254 | €28,500 | -€5,753 | -16.8% |
| Other amounts receivable | 41 | €8,387 | €6,194 | -€2,193 | -26.1% |
| Cash at bank and in hand | 54/58 | €18,514 | €24,416 | +€5,902 | +31.9% |
| Deferred charges and accrued income | 490/1 | €5,133 | €4,331 | -€802 | -15.6% |
| Total equity and liabilities | 10/49 | €76,296 | €72,610 | -€3,686 | -4.8% |
| Equity | 10/15 | €29,840 | €32,010 | +€2,170 | +7.3% |
| Contributions | 10/11 | €32,100 | €32,100 | = | 0.0% |
| Reserves | 13 | €2,987 | €2,987 | = | 0.0% |
| Distributable reserves | 133 | €2,987 | €2,987 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,246 | -€3,077 | +€2,170 | +41.4% |
| Amounts payable | 17/49 | €46,456 | €40,600 | -€5,856 | -12.6% |
| Amounts payable after more than one year | 17 | €22,471 | €15,256 | -€7,214 | -32.1% |
| Other amounts payable | 178/9 | €22,471 | €15,256 | -€7,214 | -32.1% |
| Amounts payable within one year | 42/48 | €21,919 | €24,008 | +€2,089 | +9.5% |
| Trade debts | 44 | €21,902 | €21,851 | -€51 | -0.2% |
| Suppliers | 440/4 | €21,902 | €21,851 | -€51 | -0.2% |
| Taxes, remuneration and social security | 45 | €17 | €2,157 | +€2,140 | +12,930% |
| Taxes | 450/3 | €17 | €2,157 | +€2,140 | +12,930% |
| Accrued charges and deferred income | 492/3 | €2,066 | €1,336 | -€731 | -35.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,363 | €1,434 | -€929 | -39.3% |
| Other operating charges | 640/8 | €244 | €456 | +€213 | +87.2% |
| Gross operating margin | 9900 | €9,095 | €6,299 | -€2,795 | -30.7% |
| Operating profit (loss) | 9901 | €6,488 | €4,410 | -€2,079 | -32.0% |
| Financial income | 75/76B | €179 | €17 | -€162 | -90.7% |
| Recurring financial income | 75 | €179 | €17 | -€162 | -90.7% |
| Financial charges | 65/66B | €2,519 | €2,256 | -€262 | -10.4% |
| Recurring financial charges | 65 | €2,519 | €2,256 | -€262 | -10.4% |
| Profit (loss) for the period before taxes | 9903 | €4,148 | €2,170 | -€1,978 | -47.7% |
| Profit (loss) for the period | 9904 | €4,148 | €2,170 | -€1,978 | -47.7% |
| Profit (loss) for the period to be appropriated | 9905 | €4,148 | €2,170 | -€1,978 | -47.7% |
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 14 October 2026 via checked.be.