GEOPROMO: 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.
GEOPROMO
Largest movements
- Stocks and contracts +€409,709
up €409,709 (+17.1%), from €2.4m to €2.8m
- Receivables within one year -€271,321
down €271,321 (-49.2%), from €551,027 to €279,706
of which Trade receivables: -€196,954
- Accrued charges and deferred income +€1.9m
new in 2025: €1.9m
- Short-term financial debts -€1.4m
down €1.4m (-83.3%), from €1.7m to €279,623
- Trade debts -€150,623
down €150,623 (-42.5%), from €354,143 to €203,520
- Profit (loss) carried forward -€73,371
down €73,371 (-36.9%), from €198,690 to €125,318
- Other debts -€56,133
down €56,133 (-16.3%), from €344,973 to €288,840
- Other operating charges +€43,173
up €43,173 (+168%), from €25,765 to €68,938
- Gross operating margin -€30,405
down €30,405 (-40.8%), from €74,555 to €44,150
- Financial charges -€21,536
down €21,536 (-35.1%), from €61,424 to €39,888
- Depreciation +€1,815
up €1,815 (+26.4%), from €6,880 to €8,696
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 | €3,074,911 | €3,255,983 | +€181,073 | +5.9% |
| Fixed assets | 21/28 | €32,850 | €68,895 | +€36,044 | +110% |
| Intangible fixed assets | 21 | - | €28,285 | +€28,285 | |
| Tangible fixed assets | 22/27 | €31,850 | €40,110 | +€8,260 | +25.9% |
| Plant, machinery and equipment | 23 | €11,130 | €23,691 | +€12,561 | +113% |
| Furniture and vehicles | 24 | €7,068 | €4,303 | -€2,766 | -39.1% |
| Other tangible fixed assets | 26 | €13,652 | €12,116 | -€1,536 | -11.2% |
| Financial fixed assets | 28 | €1,000 | €500 | -€500 | -50.0% |
| Current assets | 29/58 | €3,042,060 | €3,187,088 | +€145,028 | +4.8% |
| Stocks and contracts in progress | 3 | €2,401,234 | €2,810,943 | +€409,709 | +17.1% |
| Stocks | 30/36 | €2,401,234 | €2,810,943 | +€409,709 | +17.1% |
| Amounts receivable within one year | 40/41 | €551,027 | €279,706 | -€271,321 | -49.2% |
| Trade receivables | 40 | €212,849 | €15,895 | -€196,954 | -92.5% |
| Other amounts receivable | 41 | €338,178 | €263,811 | -€74,367 | -22.0% |
| Cash at bank and in hand | 54/58 | €67,121 | €96,096 | +€28,975 | +43.2% |
| Deferred charges and accrued income | 490/1 | €22,679 | €343 | -€22,335 | -98.5% |
| Total equity and liabilities | 10/49 | €3,074,911 | €3,255,983 | +€181,073 | +5.9% |
| Equity | 10/15 | €698,690 | €625,318 | -€73,371 | -10.5% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €198,690 | €125,318 | -€73,371 | -36.9% |
| Amounts payable | 17/49 | €2,376,221 | €2,630,665 | +€254,444 | +10.7% |
| Amounts payable within one year | 42/48 | €2,376,221 | €771,982 | -€1.6m | -67.5% |
| Financial debts | 43 | €1,677,105 | €279,623 | -€1.4m | -83.3% |
| Credit institutions | 430/8 | €1,677,105 | €279,623 | -€1.4m | -83.3% |
| Trade debts | 44 | €354,143 | €203,520 | -€150,623 | -42.5% |
| Suppliers | 440/4 | €354,143 | €203,520 | -€150,623 | -42.5% |
| Other amounts payable | 47/48 | €344,973 | €288,840 | -€56,133 | -16.3% |
| Accrued charges and deferred income | 492/3 | - | €1,858,682 | +€1.9m | |
| Non-recurring operating income | 76A | €1,050 | - | -€1,050 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,880 | €8,696 | +€1,815 | +26.4% |
| Other operating charges | 640/8 | €25,765 | €68,938 | +€43,173 | +168% |
| Gross operating margin | 9900 | €74,555 | €44,150 | -€30,405 | -40.8% |
| Operating profit (loss) | 9901 | €41,910 | -€33,484 | -€75,393 | |
| Financial charges | 65/66B | €61,424 | €39,888 | -€21,536 | -35.1% |
| Recurring financial charges | 65 | €61,424 | €39,888 | -€21,536 | -35.1% |
| Profit (loss) for the period before taxes | 9903 | -€19,514 | -€73,371 | -€53,857 | -276% |
| Profit (loss) for the period | 9904 | -€19,514 | -€73,371 | -€53,857 | -276% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,514 | -€73,371 | -€53,857 | -276% |
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 27 October 2026 via checked.be.