GÉOSPHÈRE: what changed
Two fiscal 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.
GÉOSPHÈRE
Largest movements
- Receivables within one year +€25,397
up €25,397 (+50.2%), from €50,563 to €75,960
of which Trade receivables: +€20,537
- Tangible fixed assets -€21,525
down €21,525 (-26.7%), from €80,490 to €58,965
of which Furniture and vehicles: -€14,565
- Current investments +€19,350
up €19,350 (+12.0%), from €160,650 to €180,000
- Cash -€11,524
down €11,524 (-78.0%), from €14,767 to €3,243
mainly Receivables within one year (-€25,397) and Current investments (-€19,350)
- Reserves +€20,557
up €20,557 (+9.3%), from €220,516 to €241,073
- Debts after one year -€12,255
down €12,255 (-43.2%), from €28,352 to €16,097
- Gross operating margin +€9,811
up €9,811 (+20.3%), from €48,292 to €58,102
- Depreciation +€3,744
up €3,744 (+16.9%), from €22,197 to €25,941
- Taxes +€3,151
up €3,151 (+43.7%), from €7,211 to €10,363
- Financial income +€916
up €916 (+87.1%), from €1,051 to €1,968
- Other operating charges +€627
up €627 (+64.4%), from €974 to €1,600
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 | €306,582 | €318,168 | +€11,585 | +3.8% |
| Fixed assets | 21/28 | €80,490 | €58,965 | -€21,525 | -26.7% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €80,490 | €58,965 | -€21,525 | -26.7% |
| Plant, machinery and equipment | 23 | €19,096 | €12,638 | -€6,458 | -33.8% |
| Furniture and vehicles | 24 | €47,610 | €33,045 | -€14,565 | -30.6% |
| Other tangible fixed assets | 26 | €13,784 | €13,282 | -€501 | -3.6% |
| Current assets | 29/58 | €226,092 | €259,203 | +€33,110 | +14.6% |
| Amounts receivable within one year | 40/41 | €50,563 | €75,960 | +€25,397 | +50.2% |
| Trade receivables | 40 | €31,939 | €52,476 | +€20,537 | +64.3% |
| Other amounts receivable | 41 | €18,625 | €23,484 | +€4,860 | +26.1% |
| Current investments | 50/53 | €160,650 | €180,000 | +€19,350 | +12.0% |
| Cash at bank and in hand | 54/58 | €14,767 | €3,243 | -€11,524 | -78.0% |
| Deferred charges and accrued income | 490/1 | €113 | €0 | -€113 | -100.0% |
| Total equity and liabilities | 10/49 | €306,582 | €318,168 | +€11,585 | +3.8% |
| Equity | 10/15 | €234,853 | €255,410 | +€20,557 | +8.8% |
| Contributions | 10/11 | €14,337 | €14,337 | = | 0.0% |
| Reserves | 13 | €220,516 | €241,073 | +€20,557 | +9.3% |
| Distributable reserves | 133 | €220,516 | €241,073 | +€20,557 | +9.3% |
| Amounts payable | 17/49 | €71,729 | €62,757 | -€8,972 | -12.5% |
| Amounts payable after more than one year | 17 | €28,352 | €16,097 | -€12,255 | -43.2% |
| Financial debts | 170/4 | €28,352 | €16,097 | -€12,255 | -43.2% |
| Amounts payable within one year | 42/48 | €43,378 | €46,661 | +€3,283 | +7.6% |
| Current portion of amounts payable after more than one year | 42 | €11,727 | €12,255 | +€528 | +4.5% |
| Trade debts | 44 | €0 | €1,350 | +€1,350 | |
| Suppliers | 440/4 | €0 | €1,350 | +€1,350 | |
| Taxes, remuneration and social security | 45 | €1,057 | €638 | -€419 | -39.6% |
| Taxes | 450/3 | €1,057 | €638 | -€419 | -39.6% |
| Other amounts payable | 47/48 | €30,594 | €32,418 | +€1,823 | +6.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,197 | €25,941 | +€3,744 | +16.9% |
| Other operating charges | 640/8 | €974 | €1,600 | +€627 | +64.4% |
| Gross operating margin | 9900 | €48,292 | €58,102 | +€9,811 | +20.3% |
| Operating profit (loss) | 9901 | €25,121 | €30,561 | +€5,440 | +21.7% |
| Financial income | 75/76B | €1,051 | €1,968 | +€916 | +87.1% |
| Recurring financial income | 75 | €1,051 | €1,968 | +€916 | +87.1% |
| Financial charges | 65/66B | €1,787 | €1,609 | -€179 | -10.0% |
| Recurring financial charges | 65 | €1,787 | €1,609 | -€179 | -10.0% |
| Profit (loss) for the period before taxes | 9903 | €24,385 | €30,920 | +€6,535 | +26.8% |
| Income taxes | 67/77 | €7,211 | €10,363 | +€3,151 | +43.7% |
| Profit (loss) for the period | 9904 | €17,174 | €20,557 | +€3,384 | +19.7% |
| Profit (loss) for the period to be appropriated | 9905 | €17,174 | €20,557 | +€3,384 | +19.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.