GEOPHAR: 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.
GEOPHAR
Largest movements
- Cash +€6,152
up €6,152 (+81.4%), from €7,560 to €13,712
mainly Net result for the year (+€42,723) and Tax, wage and social debts (+€7,956)
- Tangible fixed assets -€641
down €641 (-5.3%), from €11,984 to €11,344
of which Plant, machinery and equipment: -€757
- Tax, wage and social debts +€7,956
up €7,956 (+86.2%), from €9,226 to €17,182
of which Taxes: +€7,437
- Reserves +€5,700
up €5,700 (+55.0%), from €10,360 to €16,060
- Profit (loss) carried forward -€4,977
down €4,977 (-99.1%), from €5,022 to €45
- Other debts -€4,641
down €4,641 (-30.2%), from €15,392 to €10,751
- Trade debts +€1,197
up €1,197 (+123%), from €971 to €2,168
- Taxes +€1,614
up €1,614 (+13.8%), from €11,694 to €13,309
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 | €47,556 | €52,821 | +€5,266 | +11.1% |
| Fixed assets | 21/28 | €11,984 | €11,344 | -€641 | -5.3% |
| Tangible fixed assets | 22/27 | €11,984 | €11,344 | -€641 | -5.3% |
| Plant, machinery and equipment | 23 | €3,754 | €2,997 | -€757 | -20.2% |
| Furniture and vehicles | 24 | €8,230 | €8,346 | +€116 | +1.4% |
| Current assets | 29/58 | €35,571 | €41,477 | +€5,906 | +16.6% |
| Amounts receivable within one year | 40/41 | €27,482 | €27,216 | -€266 | -1.0% |
| Trade receivables | 40 | €26,396 | €27,216 | +€820 | +3.1% |
| Other amounts receivable | 41 | €1,087 | €0 | -€1,087 | -100% |
| Cash at bank and in hand | 54/58 | €7,560 | €13,712 | +€6,152 | +81.4% |
| Deferred charges and accrued income | 490/1 | €529 | €550 | +€21 | +3.9% |
| Total equity and liabilities | 10/49 | €47,556 | €52,821 | +€5,266 | +11.1% |
| Equity | 10/15 | €21,582 | €22,305 | +€723 | +3.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €10,360 | €16,060 | +€5,700 | +55.0% |
| Distributable reserves | 133 | €10,360 | €16,060 | +€5,700 | +55.0% |
| Profit (loss) carried forward | 14 | €5,022 | €45 | -€4,977 | -99.1% |
| Amounts payable | 17/49 | €25,974 | €30,516 | +€4,542 | +17.5% |
| Amounts payable within one year | 42/48 | €25,974 | €30,516 | +€4,542 | +17.5% |
| Financial debts | 43 | €385 | €416 | +€31 | +8.0% |
| Credit institutions | 430/8 | €385 | €416 | +€31 | +8.0% |
| Trade debts | 44 | €971 | €2,168 | +€1,197 | +123% |
| Suppliers | 440/4 | €971 | €2,168 | +€1,197 | +123% |
| Taxes, remuneration and social security | 45 | €9,226 | €17,182 | +€7,956 | +86.2% |
| Taxes | 450/3 | €9,226 | €16,662 | +€7,437 | +80.6% |
| Remuneration and social security | 454/9 | - | €519 | +€519 | |
| Other amounts payable | 47/48 | €15,392 | €10,751 | -€4,641 | -30.2% |
| Remuneration, social security and pensions | 62 | - | €519 | +€519 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,948 | €3,426 | +€478 | +16.2% |
| Other operating charges | 640/8 | €937 | €919 | -€18 | -1.9% |
| Non-recurring operating charges | 66A | €25 | - | -€25 | |
| Gross operating margin | 9900 | €63,087 | €62,766 | -€321 | -0.5% |
| Operating profit (loss) | 9901 | €59,177 | €57,902 | -€1,275 | -2.2% |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €2,266 | €1,870 | -€396 | -17.5% |
| Recurring financial charges | 65 | €2,266 | €1,870 | -€396 | -17.5% |
| Profit (loss) for the period before taxes | 9903 | €56,910 | €56,032 | -€878 | -1.5% |
| Income taxes | 67/77 | €11,694 | €13,309 | +€1,614 | +13.8% |
| Profit (loss) for the period | 9904 | €45,216 | €42,723 | -€2,493 | -5.5% |
| Profit (loss) for the period to be appropriated | 9905 | €45,216 | €42,723 | -€2,493 | -5.5% |
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 18 October 2026 via checked.be.