GEOTOP.EU: 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.
GEOTOP.EU
Largest movements
- Receivables within one year -€123,800
down €123,800 (-25.4%), from €486,941 to €363,141
of which Trade receivables: -€118,816
- Cash -€114,195
down €114,195 (-63.3%), from €180,526 to €66,331
mainly Trade debts (-€229,037) and Investment in fixed assets (net) (-€115,450)
- Trade debts -€229,037
down €229,037 (-52.7%), from €434,577 to €205,540
- Other debts +€84,046
up €84,046 (+41.6%), from €202,064 to €286,110
- Tax, wage and social debts -€79,121
down €79,121 (-44.5%), from €177,654 to €98,533
of which Remuneration and social security: -€51,110
- Turnover +€1.5m
new in 2025: €1.5m
- Purchases and services +€883,216
new in 2025: €883,216
- Gross operating margin -€69,932
down €69,932 (-9.9%), from €708,673 to €638,741
- Depreciation +€31,593
up €31,593 (+41.9%), from €75,367 to €106,960
- Staff costs -€28,182
down €28,182 (-5.4%), from €525,351 to €497,169
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 | €889,695 | €660,583 | -€229,112 | -25.8% |
| Fixed assets | 21/28 | €222,228 | €230,718 | +€8,490 | +3.8% |
| Intangible fixed assets | 21 | - | €2,704 | +€2,704 | |
| Tangible fixed assets | 22/27 | €222,228 | €228,014 | +€5,786 | +2.6% |
| Plant, machinery and equipment | 23 | €95,929 | €82,816 | -€13,113 | -13.7% |
| Furniture and vehicles | 24 | €126,299 | €145,198 | +€18,899 | +15.0% |
| Current assets | 29/58 | €667,467 | €429,866 | -€237,601 | -35.6% |
| Amounts receivable within one year | 40/41 | €486,941 | €363,141 | -€123,800 | -25.4% |
| Trade receivables | 40 | €267,302 | €148,486 | -€118,816 | -44.5% |
| Other amounts receivable | 41 | €219,639 | €214,655 | -€4,984 | -2.3% |
| Cash at bank and in hand | 54/58 | €180,526 | €66,331 | -€114,195 | -63.3% |
| Deferred charges and accrued income | 490/1 | - | €394 | +€394 | |
| Total equity and liabilities | 10/49 | €889,695 | €660,583 | -€229,112 | -25.8% |
| Equity | 10/15 | €70,400 | €70,400 | = | 0.0% |
| Contributions | 10/11 | €64,000 | €64,000 | = | 0.0% |
| Capital | 10 | €64,000 | €64,000 | = | 0.0% |
| Issued capital | 100 | €64,000 | €64,000 | = | 0.0% |
| Reserves | 13 | €6,400 | €6,400 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,400 | €6,400 | = | 0.0% |
| Legal reserve | 130 | €6,400 | €6,400 | = | 0.0% |
| Amounts payable | 17/49 | €819,295 | €590,183 | -€229,112 | -28.0% |
| Amounts payable within one year | 42/48 | €814,295 | €590,183 | -€224,112 | -27.5% |
| Trade debts | 44 | €434,577 | €205,540 | -€229,037 | -52.7% |
| Suppliers | 440/4 | €434,577 | €205,540 | -€229,037 | -52.7% |
| Taxes, remuneration and social security | 45 | €177,654 | €98,533 | -€79,121 | -44.5% |
| Taxes | 450/3 | €85,124 | €57,113 | -€28,011 | -32.9% |
| Remuneration and social security | 454/9 | €92,530 | €41,420 | -€51,110 | -55.2% |
| Other amounts payable | 47/48 | €202,064 | €286,110 | +€84,046 | +41.6% |
| Accrued charges and deferred income | 492/3 | €5,000 | - | -€5,000 | |
| Turnover | 70 | - | €1,502,124 | +€1.5m | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €883,216 | +€883,216 | |
| Remuneration, social security and pensions | 62 | €525,351 | €497,169 | -€28,182 | -5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €75,367 | €106,960 | +€31,593 | +41.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,572 | - | -€3,572 | |
| Other operating charges | 640/8 | €10,618 | €4,959 | -€5,659 | -53.3% |
| Gross operating margin | 9900 | €708,673 | €638,741 | -€69,932 | -9.9% |
| Operating profit (loss) | 9901 | €93,765 | €29,652 | -€64,113 | -68.4% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €735 | €852 | +€117 | +15.9% |
| Recurring financial charges | 65 | €735 | €852 | +€117 | +15.9% |
| Profit (loss) for the period before taxes | 9903 | €93,030 | €28,801 | -€64,229 | -69.0% |
| Income taxes | 67/77 | €37,345 | €19,115 | -€18,230 | -48.8% |
| Profit (loss) for the period | 9904 | €55,685 | €9,686 | -€45,999 | -82.6% |
| Profit (loss) for the period to be appropriated | 9905 | €55,685 | €9,686 | -€45,999 | -82.6% |
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 27 October 2026 via checked.be.