GeoSys: 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.
GeoSys
Largest movements
- Cash -€20,149
down €20,149 (-31.9%), from €63,171 to €43,022
mainly Contributions, distributions and other (-€65,000) and Current investments (-€9,000)
- Current investments +€9,000
new in 2025: €9,000
- Receivables within one year +€5,683
up €5,683 (+51.3%), from €11,068 to €16,751
of which Trade receivables: +€6,367
- Tangible fixed assets -€1,987
down €1,987 (-17.2%), from €11,546 to €9,559
of which Other tangible fixed assets: -€1,229
- Reserves -€13,584
down €13,584 (-19.2%), from €70,766 to €57,182
- Tax, wage and social debts +€4,294
up €4,294 (+37.8%), from €11,370 to €15,664
of which Taxes: +€4,294
- Other debts +€1,405
up €1,405 (+151.0%), from €931 to €2,336
- Gross operating margin +€59,858
up €59,858 (+639.3%), from €9,364 to €69,222
- Taxes +€12,744
up €12,744 (+943.6%), from €1,351 to €14,094
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 | €87,331 | €79,418 | -€7,913 | -9.1% |
| Fixed assets | 21/28 | €11,546 | €9,559 | -€1,987 | -17.2% |
| Tangible fixed assets | 22/27 | €11,546 | €9,559 | -€1,987 | -17.2% |
| Furniture and vehicles | 24 | €821 | €63 | -€758 | -92.4% |
| Other tangible fixed assets | 26 | €10,725 | €9,496 | -€1,229 | -11.5% |
| Current assets | 29/58 | €75,785 | €69,859 | -€5,926 | -7.8% |
| Amounts receivable within one year | 40/41 | €11,068 | €16,751 | +€5,683 | +51.3% |
| Trade receivables | 40 | €10,333 | €16,701 | +€6,367 | +61.6% |
| Other amounts receivable | 41 | €735 | €50 | -€685 | -93.2% |
| Current investments | 50/53 | - | €9,000 | +€9,000 | |
| Cash at bank and in hand | 54/58 | €63,171 | €43,022 | -€20,149 | -31.9% |
| Deferred charges and accrued income | 490/1 | €1,545 | €1,086 | -€459 | -29.7% |
| Total equity and liabilities | 10/49 | €87,331 | €79,418 | -€7,913 | -9.1% |
| Equity | 10/15 | €71,766 | €58,182 | -€13,584 | -18.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €70,766 | €57,182 | -€13,584 | -19.2% |
| Distributable reserves | 133 | €70,766 | €57,182 | -€13,584 | -19.2% |
| Amounts payable | 17/49 | €15,565 | €21,236 | +€5,671 | +36.4% |
| Amounts payable within one year | 42/48 | €15,565 | €21,236 | +€5,671 | +36.4% |
| Trade debts | 44 | €3,264 | €3,236 | -€28 | -0.9% |
| Suppliers | 440/4 | €3,264 | €3,236 | -€28 | -0.9% |
| Taxes, remuneration and social security | 45 | €11,370 | €15,664 | +€4,294 | +37.8% |
| Taxes | 450/3 | €9,236 | €13,530 | +€4,294 | +46.5% |
| Remuneration and social security | 454/9 | €2,134 | €2,134 | = | 0.0% |
| Other amounts payable | 47/48 | €931 | €2,336 | +€1,405 | +151.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,904 | €1,987 | +€83 | +4.3% |
| Other operating charges | 640/8 | €469 | €776 | +€307 | +65.5% |
| Non-recurring operating charges | 66A | - | €306 | +€306 | |
| Gross operating margin | 9900 | €9,364 | €69,222 | +€59,858 | +639.3% |
| Operating profit (loss) | 9901 | €6,991 | €66,153 | +€59,163 | +846.3% |
| Financial income | 75/76B | €448 | €151 | -€296 | -66.2% |
| Recurring financial income | 75 | €448 | €151 | -€296 | -66.2% |
| Financial charges | 65/66B | €960 | €795 | -€165 | -17.2% |
| Recurring financial charges | 65 | €960 | €795 | -€165 | -17.2% |
| Profit (loss) for the period before taxes | 9903 | €6,478 | €65,510 | +€59,032 | +911.2% |
| Income taxes | 67/77 | €1,351 | €14,094 | +€12,744 | +943.6% |
| Profit (loss) for the period | 9904 | €5,128 | €51,416 | +€46,288 | +902.7% |
| Profit (loss) for the period to be appropriated | 9905 | €5,128 | €51,416 | +€46,288 | +902.7% |
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 9 October 2026 via checked.be.