Geostar: 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.
Geostar
Largest movements
- Receivables within one year +€35,770
up €35,770 (+97.5%), from €36,669 to €72,438
of which Trade receivables: +€33,432
- Cash +€1,045
up €1,045 (+52.5%), from €1,993 to €3,038
mainly Trade debts (+€49,330) and Tax, wage and social debts (+€7,835)
- Tangible fixed assets +€971
up €971 (+27.8%), from €3,494 to €4,465
- Trade debts +€49,330
up €49,330 (+159%), from €31,111 to €80,442
- Profit (loss) carried forward -€17,859
down €17,859 (-147%), from -€12,169 to -€30,028
- Tax, wage and social debts +€7,835
up €7,835 (+1,019%), from €769 to €8,604
of which Remuneration and social security: +€6,710
- Other debts -€1,510
down €1,510 (-11.8%), from €12,823 to €11,313
- Gross operating margin -€28,435
down €28,435 (-75.3%), from €37,780 to €9,345
- Staff costs +€2,695
up €2,695 (+13.4%), from €20,058 to €22,754
- Financial charges +€655
up €655 (+299%), from €219 to €874
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 | €42,535 | €80,331 | +€37,796 | +88.9% |
| Fixed assets | 21/28 | €3,738 | €4,709 | +€971 | +26.0% |
| Tangible fixed assets | 22/27 | €3,494 | €4,465 | +€971 | +27.8% |
| Furniture and vehicles | 24 | €3,494 | €4,465 | +€971 | +27.8% |
| Financial fixed assets | 28 | €244 | €244 | = | 0.0% |
| Current assets | 29/58 | €38,797 | €75,622 | +€36,825 | +94.9% |
| Amounts receivable within one year | 40/41 | €36,669 | €72,438 | +€35,770 | +97.5% |
| Trade receivables | 40 | €35,947 | €69,379 | +€33,432 | +93.0% |
| Other amounts receivable | 41 | €721 | €3,059 | +€2,338 | +324% |
| Cash at bank and in hand | 54/58 | €1,993 | €3,038 | +€1,045 | +52.5% |
| Deferred charges and accrued income | 490/1 | €135 | €145 | +€10 | +7.4% |
| Total equity and liabilities | 10/49 | €42,535 | €80,331 | +€37,796 | +88.9% |
| Equity | 10/15 | -€2,169 | -€20,028 | -€17,859 | -824% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,169 | -€30,028 | -€17,859 | -147% |
| Amounts payable | 17/49 | €44,704 | €100,359 | +€55,655 | +124% |
| Amounts payable within one year | 42/48 | €44,704 | €100,359 | +€55,655 | +124% |
| Trade debts | 44 | €31,111 | €80,442 | +€49,330 | +159% |
| Suppliers | 440/4 | €31,111 | €80,442 | +€49,330 | +159% |
| Taxes, remuneration and social security | 45 | €769 | €8,604 | +€7,835 | +1,019% |
| Taxes | 450/3 | - | €1,125 | +€1,125 | |
| Remuneration and social security | 454/9 | €769 | €7,479 | +€6,710 | +872% |
| Other amounts payable | 47/48 | €12,823 | €11,313 | -€1,510 | -11.8% |
| Remuneration, social security and pensions | 62 | €20,058 | €22,754 | +€2,695 | +13.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,300 | €1,529 | +€229 | +17.7% |
| Other operating charges | 640/8 | €2,164 | €2,047 | -€116 | -5.4% |
| Gross operating margin | 9900 | €37,780 | €9,345 | -€28,435 | -75.3% |
| Operating profit (loss) | 9901 | €14,258 | -€16,986 | -€31,244 | |
| Financial charges | 65/66B | €219 | €874 | +€655 | +299% |
| Recurring financial charges | 65 | €219 | €874 | +€655 | +299% |
| Profit (loss) for the period before taxes | 9903 | €14,039 | -€17,859 | -€31,899 | |
| Profit (loss) for the period | 9904 | €14,039 | -€17,859 | -€31,899 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,039 | -€17,859 | -€31,899 |
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 16 October 2026 via checked.be.