GeOps: 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.
GeOps
Largest movements
- Current investments +€80,000
new in 2025: €80,000
- Cash -€39,227
down €39,227 (-26.0%), from €150,690 to €111,462
mainly Current investments (-€80,000) and Other debts (-€2,930)
- Receivables within one year -€32,657
down €32,657 (-94.9%), from €34,401 to €1,743
of which Trade receivables: -€33,142
- Tangible fixed assets -€12,228
down €12,228 (-94.9%), from €12,879 to €651
of which Furniture and vehicles: -€11,000
- Other debts -€2,930
down €2,930 (-89.6%), from €3,272 to €341
- Tax, wage and social debts -€2,288
down €2,288 (-71.7%), from €3,189 to €901
- Gross operating margin -€72,995
down €72,995 (-94.7%), from €77,080 to €4,084
- Taxes -€17,340
down €17,340 (-95.1%), from €18,241 to €901
- Depreciation -€10,603
down €10,603 (-94.2%), from €11,254 to €651
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 | €200,177 | €194,555 | -€5,622 | -2.8% |
| Fixed assets | 21/28 | €12,879 | €651 | -€12,228 | -94.9% |
| Tangible fixed assets | 22/27 | €12,879 | €651 | -€12,228 | -94.9% |
| Plant, machinery and equipment | 23 | €1,228 | - | -€1,228 | |
| Furniture and vehicles | 24 | €11,651 | €651 | -€11,000 | -94.4% |
| Current assets | 29/58 | €187,298 | €193,904 | +€6,606 | +3.5% |
| Amounts receivable within one year | 40/41 | €34,401 | €1,743 | -€32,657 | -94.9% |
| Trade receivables | 40 | €33,142 | - | -€33,142 | |
| Other amounts receivable | 41 | €1,259 | €1,743 | +€485 | +38.5% |
| Current investments | 50/53 | - | €80,000 | +€80,000 | |
| Cash at bank and in hand | 54/58 | €150,690 | €111,462 | -€39,227 | -26.0% |
| Deferred charges and accrued income | 490/1 | €2,208 | €698 | -€1,510 | -68.4% |
| Total equity and liabilities | 10/49 | €200,177 | €194,555 | -€5,622 | -2.8% |
| Equity | 10/15 | €187,732 | €189,200 | +€1,468 | +0.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €175,332 | €176,800 | +€1,468 | +0.8% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €173,477 | €174,945 | +€1,468 | +0.8% |
| Amounts payable | 17/49 | €12,445 | €5,355 | -€7,090 | -57.0% |
| Amounts payable within one year | 42/48 | €12,445 | €5,355 | -€7,090 | -57.0% |
| Trade debts | 44 | €5,985 | €4,113 | -€1,872 | -31.3% |
| Suppliers | 440/4 | €5,985 | €4,113 | -€1,872 | -31.3% |
| Taxes, remuneration and social security | 45 | €3,189 | €901 | -€2,288 | -71.7% |
| Taxes | 450/3 | €3,189 | €901 | -€2,288 | -71.7% |
| Other amounts payable | 47/48 | €3,272 | €341 | -€2,930 | -89.6% |
| Non-recurring operating income | 76A | - | €9,651 | +€9,651 | |
| Remuneration, social security and pensions | 62 | €387 | €400 | +€12 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,254 | €651 | -€10,603 | -94.2% |
| Other operating charges | 640/8 | €311 | €216 | -€95 | -30.6% |
| Non-recurring operating charges | 66A | - | €1 | +€1 | |
| Gross operating margin | 9900 | €77,080 | €4,084 | -€72,995 | -94.7% |
| Operating profit (loss) | 9901 | €65,127 | €2,817 | -€62,310 | -95.7% |
| Financial charges | 65/66B | €69 | €448 | +€379 | +549% |
| Recurring financial charges | 65 | €69 | €448 | +€379 | +549% |
| Profit (loss) for the period before taxes | 9903 | €65,058 | €2,369 | -€62,689 | -96.4% |
| Income taxes | 67/77 | €18,241 | €901 | -€17,340 | -95.1% |
| Profit (loss) for the period | 9904 | €46,817 | €1,468 | -€45,349 | -96.9% |
| Profit (loss) for the period to be appropriated | 9905 | €46,817 | €1,468 | -€45,349 | -96.9% |
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.