GEOWEAVE: 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.
GEOWEAVE
Largest movements
- Receivables within one year +€68,177
up €68,177 (+72.6%), from €93,926 to €162,103
of which Trade receivables: +€55,993
- Cash -€2,324
down €2,324 (-41.1%), from €5,650 to €3,327
mainly Other debts (-€1.0m) and Net result for the year (-€177,730)
- Tangible fixed assets +€2,069
new in 2025: €2,069
- Other debts -€1.0m
no longer reported in 2025 (was €1.0m)
- Profit (loss) carried forward +€761,582
up €761,582 (+75.9%), from -€1.0m to -€241,419
- Debts after one year +€259,897
new in 2025: €259,897
- Trade debts +€29,406
up €29,406 (+170%), from €17,306 to €46,712
- Tax, wage and social debts +€28,355
new in 2025: €28,355
of which Remuneration and social security: +€14,987
- Turnover +€342,661
new in 2025: €342,661
- Purchases and services +€339,646
up €339,646 (+4,037%), from €8,414 to €348,060
- Staff costs +€147,689
new in 2025: €147,689
- Financial charges -€31,210
down €31,210 (-57.2%), from €54,534 to €23,324
- Gross operating margin +€3,732
up €3,732 (+44.4%), from -€8,414 to -€4,682
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 | €99,576 | €168,669 | +€69,092 | +69.4% |
| Fixed assets | 21/28 | - | €2,069 | +€2,069 | |
| Tangible fixed assets | 22/27 | - | €2,069 | +€2,069 | |
| Plant, machinery and equipment | 23 | - | €2,069 | +€2,069 | |
| Current assets | 29/58 | €99,576 | €166,600 | +€67,023 | +67.3% |
| Amounts receivable within one year | 40/41 | €93,926 | €162,103 | +€68,177 | +72.6% |
| Trade receivables | 40 | - | €55,993 | +€55,993 | |
| Other amounts receivable | 41 | €93,926 | €106,110 | +€12,185 | +13.0% |
| Cash at bank and in hand | 54/58 | €5,650 | €3,327 | -€2,324 | -41.1% |
| Deferred charges and accrued income | 490/1 | - | €1,170 | +€1,170 | |
| Total equity and liabilities | 10/49 | €99,576 | €168,669 | +€69,092 | +69.4% |
| Equity | 10/15 | -€941,001 | -€166,295 | +€774,705 | +82.3% |
| Contributions | 10/11 | €62,000 | €75,124 | +€13,124 | +21.2% |
| Capital | 10 | €62,000 | €75,124 | +€13,124 | +21.2% |
| Issued capital | 100 | €62,000 | €75,124 | +€13,124 | +21.2% |
| Profit (loss) carried forward | 14 | -€1,003,001 | -€241,419 | +€761,582 | +75.9% |
| Amounts payable | 17/49 | €1,040,577 | €334,964 | -€705,613 | -67.8% |
| Amounts payable after more than one year | 17 | - | €259,897 | +€259,897 | |
| Financial debts | 170/4 | - | €259,897 | +€259,897 | |
| Amounts payable within one year | 42/48 | €1,040,577 | €75,067 | -€965,510 | -92.8% |
| Trade debts | 44 | €17,306 | €46,712 | +€29,406 | +170% |
| Suppliers | 440/4 | €17,306 | €46,712 | +€29,406 | +170% |
| Taxes, remuneration and social security | 45 | - | €28,355 | +€28,355 | |
| Taxes | 450/3 | - | €13,368 | +€13,368 | |
| Remuneration and social security | 454/9 | - | €14,987 | +€14,987 | |
| Other amounts payable | 47/48 | €1,023,271 | - | -€1.0m | |
| Turnover | 70 | - | €342,661 | +€342,661 | |
| Goods, raw materials, services and sundry goods | 60/61 | €8,414 | €348,060 | +€339,646 | +4,037% |
| Remuneration, social security and pensions | 62 | - | €147,689 | +€147,689 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €853 | +€853 | |
| Other operating charges | 640/8 | €824 | €1,293 | +€469 | +56.9% |
| Gross operating margin | 9900 | -€8,414 | -€4,682 | +€3,732 | +44.4% |
| Operating profit (loss) | 9901 | -€9,238 | -€154,517 | -€145,279 | -1,573% |
| Financial income | 75/76B | €83 | €385 | +€302 | +364% |
| Recurring financial income | 75 | €83 | €385 | +€302 | +364% |
| Financial charges | 65/66B | €54,534 | €23,324 | -€31,210 | -57.2% |
| Recurring financial charges | 65 | €54,534 | €23,324 | -€31,210 | -57.2% |
| Profit (loss) for the period before taxes | 9903 | -€63,689 | -€177,455 | -€113,766 | -179% |
| Income taxes | 67/77 | - | €275 | +€275 | |
| Profit (loss) for the period | 9904 | -€63,689 | -€177,730 | -€114,042 | -179% |
| Profit (loss) for the period to be appropriated | 9905 | -€63,689 | -€177,730 | -€114,042 | -179% |
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 24 October 2026 via checked.be.