GEOVDA: 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.
GEOVDA
Largest movements
- Receivables within one year -€1,607
no longer reported in 2025 (was €1,607)
of which Other amounts receivable: -€1,507
- Cash +€275
up €275 (+11.7%), from €2,345 to €2,621
mainly Receivables within one year (+€1,607) and Net result for the year (+€154)
- Tax, wage and social debts -€1,331
down €1,331 (-88.3%), from €1,507 to €176
- Profit (loss) carried forward +€154
up €154 (+0.8%), from -€18,361 to -€18,207
- Trade debts -€100
no longer reported in 2025 (was €100)
- Other debts -€55
down €55 (-22.1%), from €246 to €192
- Gross operating margin +€984
up €984 (+255%), from €385 to €1,369
- Other operating charges +€600
up €600 (+162%), from €370 to €970
- Depreciation -€243
down €243 (-100%), from €243 to €0
- Taxes +€176
up €176, from €0 to €176
- Financial charges -€74
down €74 (-51.8%), from €143 to €69
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 | €3,953 | €2,621 | -€1,332 | -33.7% |
| Fixed assets | 21/28 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €3,953 | €2,621 | -€1,332 | -33.7% |
| Amounts receivable within one year | 40/41 | €1,607 | - | -€1,607 | |
| Trade receivables | 40 | €100 | - | -€100 | |
| Other amounts receivable | 41 | €1,507 | - | -€1,507 | |
| Cash at bank and in hand | 54/58 | €2,345 | €2,621 | +€275 | +11.7% |
| Total equity and liabilities | 10/49 | €3,953 | €2,621 | -€1,332 | -33.7% |
| Equity | 10/15 | €2,099 | €2,253 | +€154 | +7.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,361 | -€18,207 | +€154 | +0.8% |
| Amounts payable | 17/49 | €1,853 | €368 | -€1,486 | -80.2% |
| Amounts payable within one year | 42/48 | €1,853 | €368 | -€1,486 | -80.2% |
| Trade debts | 44 | €100 | - | -€100 | |
| Suppliers | 440/4 | €100 | - | -€100 | |
| Taxes, remuneration and social security | 45 | €1,507 | €176 | -€1,331 | -88.3% |
| Taxes | 450/3 | €1,507 | €176 | -€1,331 | -88.3% |
| Other amounts payable | 47/48 | €246 | €192 | -€55 | -22.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €243 | €0 | -€243 | -100% |
| Other operating charges | 640/8 | €370 | €970 | +€600 | +162% |
| Gross operating margin | 9900 | €385 | €1,369 | +€984 | +255% |
| Operating profit (loss) | 9901 | -€228 | €399 | +€626 | |
| Financial income | 75/76B | €3 | €0 | -€3 | -100% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -100% |
| Financial charges | 65/66B | €143 | €69 | -€74 | -51.8% |
| Recurring financial charges | 65 | €143 | €69 | -€74 | -51.8% |
| Profit (loss) for the period before taxes | 9903 | -€369 | €330 | +€698 | |
| Income taxes | 67/77 | €0 | €176 | +€176 | |
| Profit (loss) for the period | 9904 | -€369 | €154 | +€522 | |
| Profit (loss) for the period to be appropriated | 9905 | -€369 | €154 | +€522 |
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.