GeoSquare Solutions: what changed
What changed
GeoSquare Solutions
NACE 62.200, Computer consultancy and computer facilities management
filed annual accounts (NBB)
Net result for the year
€165,200
2024 · €177,083-€11,883
Equity
€1.4m
2024 · €1.2m+€165,200
Cash
€155,505
2024 · €179,877-€24,372
Balance sheet total
€1.8m
2024 · €1.5m+€309,236
Largest movements
Assets
- Receivables within one year +€343,732
up €343,732 (+26.2%), from €1.3m to €1.7m
of which Other amounts receivable: +€414,875
- Cash -€24,372
down €24,372 (-13.5%), from €179,877 to €155,505
mainly Receivables within one year (-€343,732) and Investment in fixed assets (net) (-€1,099)
Equity and liabilities
- Reserves +€165,199
up €165,199 (+14.4%), from €1.1m to €1.3m
of which Distributable reserves: +€165,199
- Trade debts +€129,776
up €129,776 (+47.8%), from €271,450 to €401,226
Income statement
- Turnover -€135,079
down €135,079 (-3.9%), from €3.5m to €3.4m
- Purchases and services -€89,876
down €89,876 (-3.0%), from €3.0m to €2.9m
- Gross operating margin -€47,023
down €47,023 (-9.8%), from €479,154 to €432,131
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€177,083
Gross operating margin
-€47,023
Staff costs
+€27,139
Depreciation
+€269
Provisions
+€31
Other operating charges
+€1,717
Financial income
-€141
Financial charges
+€672
Taxes
+€5,453
Result 2025
€165,200
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€23,273
Investment
-€1,099
Financing
€0
Cash 2024
€179,877
From operations (derived)
-€23,273
Net result for the year
+€165,200
Depreciation
+€873
Receivables within one year
-€343,732
Deferred charges and accrued income
+€10,350
Provisions
-€23
Trade debts
+€129,776
Tax, wage and social debts
+€11,883
Accrued charges and deferred income
+€2,400
Investment (derived)
-€1,099
Investment in fixed assets (net)
-€1,099
Cash 2025
€155,505
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,523,692 | €1,832,929 | +€309,236 | +20.3% |
| Fixed assets | 21/28 | €734 | €961 | +€226 | +30.8% |
| Tangible fixed assets | 22/27 | €734 | €961 | +€226 | +30.8% |
| Plant, machinery and equipment | 23 | €597 | €35 | -€562 | -94.2% |
| Furniture and vehicles | 24 | €137 | €926 | +€788 | +574% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €1,522,958 | €1,831,968 | +€309,010 | +20.3% |
| Amounts receivable within one year | 40/41 | €1,309,608 | €1,653,340 | +€343,732 | +26.2% |
| Trade receivables | 40 | €582,333 | €511,189 | -€71,144 | -12.2% |
| Other amounts receivable | 41 | €727,275 | €1,142,150 | +€414,875 | +57.0% |
| Cash at bank and in hand | 54/58 | €179,877 | €155,505 | -€24,372 | -13.5% |
| Deferred charges and accrued income | 490/1 | €33,473 | €23,124 | -€10,350 | -30.9% |
| Total equity and liabilities | 10/49 | €1,523,692 | €1,832,929 | +€309,236 | +20.3% |
| Equity | 10/15 | €1,205,543 | €1,370,743 | +€165,200 | +13.7% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €1,144,025 | €1,309,224 | +€165,199 | +14.4% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €1,137,875 | €1,303,074 | +€165,199 | +14.5% |
| Profit (loss) carried forward | 14 | €18 | €19 | +€1 | +5.9% |
| Provisions and deferred taxes | 16 | €140 | €117 | -€23 | -16.1% |
| Provisions for liabilities and charges | 160/5 | €140 | €117 | -€23 | -16.1% |
| Pensions and similar obligations | 160 | €140 | €117 | -€23 | -16.1% |
| Amounts payable | 17/49 | €318,009 | €462,068 | +€144,059 | +45.3% |
| Amounts payable within one year | 42/48 | €298,009 | €439,668 | +€141,659 | +47.5% |
| Trade debts | 44 | €271,450 | €401,226 | +€129,776 | +47.8% |
| Suppliers | 440/4 | €271,450 | €401,226 | +€129,776 | +47.8% |
| Taxes, remuneration and social security | 45 | €26,559 | €38,442 | +€11,883 | +44.7% |
| Taxes | 450/3 | €6,579 | €13,155 | +€6,576 | +100.0% |
| Remuneration and social security | 454/9 | €19,981 | €25,287 | +€5,306 | +26.6% |
| Accrued charges and deferred income | 492/3 | €20,000 | €22,400 | +€2,400 | +12.0% |
| Turnover | 70 | €3,485,744 | €3,350,664 | -€135,079 | -3.9% |
| Non-recurring operating income | 76A | €1,231 | €0 | -€1,231 | -100% |
| Goods, raw materials, services and sundry goods | 60/61 | €3,028,001 | €2,938,124 | -€89,876 | -3.0% |
| Remuneration, social security and pensions | 62 | €215,029 | €187,890 | -€27,139 | -12.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,142 | €873 | -€269 | -23.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €8 | -€23 | -€31 | |
| Other operating charges | 640/8 | €17,476 | €15,759 | -€1,717 | -9.8% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €479,154 | €432,131 | -€47,023 | -9.8% |
| Operating profit (loss) | 9901 | €245,499 | €227,632 | -€17,867 | -7.3% |
| Financial income | 75/76B | €147 | €5 | -€141 | -96.5% |
| Recurring financial income | 75 | €147 | €5 | -€141 | -96.5% |
| Financial charges | 65/66B | €5,783 | €5,110 | -€672 | -11.6% |
| Recurring financial charges | 65 | €5,783 | €5,110 | -€672 | -11.6% |
| Profit (loss) for the period before taxes | 9903 | €239,863 | €222,527 | -€17,336 | -7.2% |
| Income taxes | 67/77 | €62,780 | €57,327 | -€5,453 | -8.7% |
| Profit (loss) for the period | 9904 | €177,083 | €165,200 | -€11,883 | -6.7% |
| Profit (loss) for the period to be appropriated | 9905 | €177,083 | €165,200 | -€11,883 | -6.7% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.