GeoPostcodes: 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.
GeoPostcodes
Largest movements
- Receivables within one year -€315,866
down €315,866 (-31.1%), from €1.0m to €698,470
of which Trade receivables: -€304,011
- Cash +€131,255
up €131,255 (+7.8%), from €1.7m to €1.8m
mainly Receivables within one year (+€315,866) and Tax, wage and social debts (+€27,359)
- Profit (loss) carried forward -€166,959
down €166,959 (-98.2%), from €170,086 to €3,127
- Gross operating margin +€383,306
up €383,306 (+30.1%), from €1.3m to €1.7m
- Staff costs +€288,991
up €288,991 (+20.4%), from €1.4m to €1.7m
- Financial income -€26,335
down €26,335 (-60.6%), from €43,485 to €17,151
- Financial charges +€19,106
up €19,106 (+19.5%), from €98,193 to €117,299
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 | €2,816,680 | €2,665,412 | -€151,267 | -5.4% |
| Fixed assets | 21/28 | €38,351 | €69,108 | +€30,757 | +80.2% |
| Tangible fixed assets | 22/27 | €12,371 | €26,538 | +€14,167 | +114.5% |
| Furniture and vehicles | 24 | €12,371 | €26,538 | +€14,167 | +114.5% |
| Financial fixed assets | 28 | €25,980 | €42,570 | +€16,590 | +63.9% |
| Current assets | 29/58 | €2,778,328 | €2,596,304 | -€182,024 | -6.6% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €1,014,336 | €698,470 | -€315,866 | -31.1% |
| Trade receivables | 40 | €952,451 | €648,440 | -€304,011 | -31.9% |
| Other amounts receivable | 41 | €61,886 | €50,030 | -€11,855 | -19.2% |
| Cash at bank and in hand | 54/58 | €1,690,507 | €1,821,762 | +€131,255 | +7.8% |
| Deferred charges and accrued income | 490/1 | €73,485 | €76,072 | +€2,587 | +3.5% |
| Total equity and liabilities | 10/49 | €2,816,680 | €2,665,412 | -€151,267 | -5.4% |
| Equity | 10/15 | €285,038 | €118,079 | -€166,959 | -58.6% |
| Contributions | 10/11 | €114,952 | €114,952 | = | 0.0% |
| Profit (loss) carried forward | 14 | €170,086 | €3,127 | -€166,959 | -98.2% |
| Amounts payable | 17/49 | €2,531,642 | €2,547,333 | +€15,691 | +0.6% |
| Amounts payable within one year | 42/48 | €329,475 | €368,407 | +€38,932 | +11.8% |
| Financial debts | 43 | €84 | €89 | +€5 | +6.1% |
| Credit institutions | 430/8 | €84 | €89 | +€5 | +6.1% |
| Trade debts | 44 | €111,479 | €123,097 | +€11,618 | +10.4% |
| Suppliers | 440/4 | €111,479 | €123,097 | +€11,618 | +10.4% |
| Taxes, remuneration and social security | 45 | €217,861 | €245,221 | +€27,359 | +12.6% |
| Taxes | 450/3 | €49,815 | €44,011 | -€5,804 | -11.7% |
| Remuneration and social security | 454/9 | €168,046 | €201,210 | +€33,163 | +19.7% |
| Other amounts payable | 47/48 | €51 | €0 | -€51 | -100.0% |
| Accrued charges and deferred income | 492/3 | €2,202,167 | €2,178,926 | -€23,241 | -1.1% |
| Remuneration, social security and pensions | 62 | €1,415,054 | €1,704,046 | +€288,991 | +20.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,310 | €13,983 | +€1,673 | +13.6% |
| Other operating charges | 640/8 | €1,481 | €6,753 | +€5,272 | +356.0% |
| Gross operating margin | 9900 | €1,275,355 | €1,658,661 | +€383,306 | +30.1% |
| Operating profit (loss) | 9901 | -€153,490 | -€66,121 | +€87,369 | +56.9% |
| Financial income | 75/76B | €43,485 | €17,151 | -€26,335 | -60.6% |
| Recurring financial income | 75 | €43,485 | €17,151 | -€26,335 | -60.6% |
| Financial charges | 65/66B | €98,193 | €117,299 | +€19,106 | +19.5% |
| Recurring financial charges | 65 | €98,193 | €117,299 | +€19,106 | +19.5% |
| Profit (loss) for the period before taxes | 9903 | -€208,198 | -€166,269 | +€41,929 | +20.1% |
| Income taxes | 67/77 | €1,076 | €690 | -€386 | -35.9% |
| Profit (loss) for the period | 9904 | -€209,274 | -€166,959 | +€42,315 | +20.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€209,274 | -€166,959 | +€42,315 | +20.2% |
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 9 October 2026 via checked.be.