GEOS GROUP: 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.
GEOS GROUP
Largest movements
- Receivables within one year +€114,180
up €114,180 (+88.4%), from €129,143 to €243,323
of which Other amounts receivable: +€116,039
- Cash +€8,987
up €8,987 (+46.0%), from €19,529 to €28,516
mainly Short-term financial debts (+€125,000) and Net result for the year (+€37,771)
- Tangible fixed assets -€6,191
down €6,191 (-40.5%), from €15,283 to €9,093
of which Furniture and vehicles: -€10,231
- Financial fixed assets -€4,000
no longer reported in 2025 (was €4,000)
- Short-term financial debts +€125,000
new in 2025: €125,000
- Trade debts -€58,298
down €58,298 (-71.4%), from €81,646 to €23,349
- Profit (loss) carried forward +€37,771
up €37,771 (+63.5%), from €59,465 to €97,237
- Tax, wage and social debts +€12,125
up €12,125 (+56.3%), from €21,523 to €33,648
of which Taxes: +€10,019
- Debts after one year -€3,190
down €3,190 (-100%), from €3,190 to €0
- Gross operating margin +€29,649
up €29,649 (+69.2%), from €42,830 to €72,479
- Taxes +€8,353
up €8,353 (+106%), from €7,845 to €16,197
- Depreciation -€3,676
down €3,676 (-26.4%), from €13,945 to €10,269
- Other operating charges +€2,954
up €2,954 (+152%), from €1,941 to €4,895
- Financial charges +€2,467
up €2,467 (+211%), from €1,169 to €3,635
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 | €169,440 | €282,961 | +€113,521 | +67.0% |
| Fixed assets | 21/28 | €19,283 | €9,093 | -€10,191 | -52.8% |
| Tangible fixed assets | 22/27 | €15,283 | €9,093 | -€6,191 | -40.5% |
| Plant, machinery and equipment | 23 | €1,581 | €5,622 | +€4,040 | +256% |
| Furniture and vehicles | 24 | €13,702 | €3,471 | -€10,231 | -74.7% |
| Financial fixed assets | 28 | €4,000 | - | -€4,000 | |
| Current assets | 29/58 | €150,157 | €273,868 | +€123,711 | +82.4% |
| Amounts receivable within one year | 40/41 | €129,143 | €243,323 | +€114,180 | +88.4% |
| Trade receivables | 40 | €108,958 | €107,100 | -€1,859 | -1.7% |
| Other amounts receivable | 41 | €20,185 | €136,224 | +€116,039 | +575% |
| Cash at bank and in hand | 54/58 | €19,529 | €28,516 | +€8,987 | +46.0% |
| Deferred charges and accrued income | 490/1 | €1,484 | €2,028 | +€544 | +36.7% |
| Total equity and liabilities | 10/49 | €169,440 | €282,961 | +€113,521 | +67.0% |
| Equity | 10/15 | €59,465 | €97,237 | +€37,771 | +63.5% |
| Profit (loss) carried forward | 14 | €59,465 | €97,237 | +€37,771 | +63.5% |
| Amounts payable | 17/49 | €109,975 | €185,724 | +€75,750 | +68.9% |
| Amounts payable after more than one year | 17 | €3,190 | €0 | -€3,190 | -100% |
| Financial debts | 170/4 | €3,190 | €0 | -€3,190 | -100% |
| Amounts payable within one year | 42/48 | €106,785 | €185,724 | +€78,939 | +73.9% |
| Current portion of amounts payable after more than one year | 42 | €3,616 | €3,190 | -€426 | -11.8% |
| Financial debts | 43 | - | €125,000 | +€125,000 | |
| Credit institutions | 430/8 | - | €125,000 | +€125,000 | |
| Trade debts | 44 | €81,646 | €23,349 | -€58,298 | -71.4% |
| Suppliers | 440/4 | €81,646 | €23,349 | -€58,298 | -71.4% |
| Taxes, remuneration and social security | 45 | €21,523 | €33,648 | +€12,125 | +56.3% |
| Taxes | 450/3 | €14,023 | €24,042 | +€10,019 | +71.4% |
| Remuneration and social security | 454/9 | €7,500 | €9,606 | +€2,106 | +28.1% |
| Other amounts payable | 47/48 | €0 | €538 | +€538 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,945 | €10,269 | -€3,676 | -26.4% |
| Other operating charges | 640/8 | €1,941 | €4,895 | +€2,954 | +152% |
| Gross operating margin | 9900 | €42,830 | €72,479 | +€29,649 | +69.2% |
| Operating profit (loss) | 9901 | €26,943 | €57,315 | +€30,371 | +113% |
| Financial income | 75/76B | €1 | €289 | +€289 | +55,494% |
| Recurring financial income | 75 | €1 | €289 | +€289 | +55,494% |
| Financial charges | 65/66B | €1,169 | €3,635 | +€2,467 | +211% |
| Recurring financial charges | 65 | €1,169 | €3,635 | +€2,467 | +211% |
| Profit (loss) for the period before taxes | 9903 | €25,775 | €53,968 | +€28,193 | +109% |
| Income taxes | 67/77 | €7,845 | €16,197 | +€8,353 | +106% |
| Profit (loss) for the period | 9904 | €17,931 | €37,771 | +€19,841 | +111% |
| Profit (loss) for the period to be appropriated | 9905 | €17,931 | €37,771 | +€19,841 | +111% |
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 20 October 2026 via checked.be.