GEOPHIL: 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.
GEOPHIL
Largest movements
- Tangible fixed assets -€20,360
down €20,360 (-68.6%), from €29,687 to €9,327
of which Furniture and vehicles: -€16,313
- Intangible fixed assets -€7,300
down €7,300 (-16.7%), from €43,800 to €36,500
- Cash +€6,242
up €6,242 (+136.5%), from €4,574 to €10,816
mainly Depreciation (+€27,660) and Debts after one year (+€25,779)
- Stocks and contracts -€4,000
down €4,000 (-19.5%), from €20,500 to €16,500
- Receivables within one year +€2,566
up €2,566 (+8.6%), from €29,952 to €32,518
- Other debts -€58,552
down €58,552 (-68.8%), from €85,083 to €26,530
- Debts after one year +€25,779
up €25,779 (+419.4%), from €6,146 to €31,926
- Current portion of long-term debt +€7,691
up €7,691 (+268.9%), from €2,861 to €10,552
- Tax, wage and social debts +€1,446
up €1,446 (+13.7%), from €10,541 to €11,988
of which Taxes: +€3,551
- Depreciation -€905
down €905 (-3.2%), from €28,565 to €27,660
- Gross operating margin -€609
down €609 (-1.7%), from €35,027 to €34,418
- Financial charges +€607
up €607 (+34.6%), from €1,753 to €2,360
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 | €128,858 | €107,368 | -€21,490 | -16.7% |
| Fixed assets | 21/28 | €73,537 | €45,877 | -€27,660 | -37.6% |
| Intangible fixed assets | 21 | €43,800 | €36,500 | -€7,300 | -16.7% |
| Tangible fixed assets | 22/27 | €29,687 | €9,327 | -€20,360 | -68.6% |
| Plant, machinery and equipment | 23 | €10,748 | €6,701 | -€4,047 | -37.7% |
| Furniture and vehicles | 24 | €18,939 | €2,626 | -€16,313 | -86.1% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €55,321 | €61,491 | +€6,170 | +11.2% |
| Stocks and contracts in progress | 3 | €20,500 | €16,500 | -€4,000 | -19.5% |
| Contracts in progress | 37 | €20,500 | €16,500 | -€4,000 | -19.5% |
| Amounts receivable within one year | 40/41 | €29,952 | €32,518 | +€2,566 | +8.6% |
| Trade receivables | 40 | €29,952 | €32,518 | +€2,566 | +8.6% |
| Cash at bank and in hand | 54/58 | €4,574 | €10,816 | +€6,242 | +136.5% |
| Deferred charges and accrued income | 490/1 | €295 | €1,657 | +€1,362 | +462.0% |
| Total equity and liabilities | 10/49 | €128,858 | €107,368 | -€21,490 | -16.7% |
| Equity | 10/15 | €22,020 | €22,901 | +€881 | +4.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,569 | €2,450 | +€881 | +56.2% |
| Amounts payable | 17/49 | €106,838 | €84,467 | -€22,372 | -20.9% |
| Amounts payable after more than one year | 17 | €6,146 | €31,926 | +€25,779 | +419.4% |
| Financial debts | 170/4 | €6,146 | €31,926 | +€25,779 | +419.4% |
| Amounts payable within one year | 42/48 | €100,692 | €52,541 | -€48,151 | -47.8% |
| Current portion of amounts payable after more than one year | 42 | €2,861 | €10,552 | +€7,691 | +268.9% |
| Trade debts | 44 | €2,207 | €3,471 | +€1,264 | +57.2% |
| Suppliers | 440/4 | €2,207 | €3,471 | +€1,264 | +57.2% |
| Taxes, remuneration and social security | 45 | €10,541 | €11,988 | +€1,446 | +13.7% |
| Taxes | 450/3 | €8,437 | €11,988 | +€3,551 | +42.1% |
| Remuneration and social security | 454/9 | €2,104 | - | -€2,104 | |
| Other amounts payable | 47/48 | €85,083 | €26,530 | -€58,552 | -68.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,565 | €27,660 | -€905 | -3.2% |
| Other operating charges | 640/8 | €1,079 | €1,110 | +€31 | +2.9% |
| Gross operating margin | 9900 | €35,027 | €34,418 | -€609 | -1.7% |
| Operating profit (loss) | 9901 | €5,383 | €5,648 | +€265 | +4.9% |
| Financial income | 75/76B | €2 | €2 | +€0 | +11.6% |
| Recurring financial income | 75 | €2 | €2 | +€0 | +11.6% |
| Financial charges | 65/66B | €1,753 | €2,360 | +€607 | +34.6% |
| Recurring financial charges | 65 | €1,753 | €2,360 | +€607 | +34.6% |
| Profit (loss) for the period before taxes | 9903 | €3,633 | €3,290 | -€342 | -9.4% |
| Income taxes | 67/77 | €2,095 | €2,409 | +€314 | +15.0% |
| Profit (loss) for the period | 9904 | €1,538 | €881 | -€656 | -42.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,538 | €881 | -€656 | -42.7% |
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 10 October 2026 via checked.be.