GEOXIM: 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.
GEOXIM
Largest movements
- Tangible fixed assets -€35,490
down €35,490 (-13.9%), from €255,641 to €220,151
- Receivables within one year -€24,841
down €24,841 (-51.7%), from €48,043 to €23,202
- Cash +€13,164
up €13,164 (+56.3%), from €23,368 to €36,532
mainly Depreciation (+€41,579) and Receivables within one year (+€24,841)
- Debts after one year -€29,044
down €29,044 (-16.7%), from €174,045 to €145,001
- Reserves -€16,908
down €16,908 (-26.3%), from €64,395 to €47,487
- Tax, wage and social debts -€4,434
down €4,434 (-14.2%), from €31,168 to €26,735
- Gross operating margin -€31,144
down €31,144 (-38.1%), from €81,733 to €50,588
- Taxes -€8,760
down €8,760 (-81.1%), from €10,800 to €2,040
- Depreciation +€8,080
up €8,080 (+24.1%), from €33,499 to €41,579
- Write-downs -€4,850
no longer reported in 2025 (was €4,850)
- Other operating charges -€1,756
down €1,756 (-29.0%), from €6,046 to €4,291
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 | €330,863 | €282,060 | -€48,803 | -14.8% |
| Fixed assets | 21/28 | €255,641 | €220,151 | -€35,490 | -13.9% |
| Tangible fixed assets | 22/27 | €255,641 | €220,151 | -€35,490 | -13.9% |
| Plant, machinery and equipment | 23 | €5,532 | €2,885 | -€2,647 | -47.8% |
| Furniture and vehicles | 24 | €40,810 | €35,627 | -€5,183 | -12.7% |
| Leasing and similar rights | 25 | €135,551 | €120,051 | -€15,500 | -11.4% |
| Other tangible fixed assets | 26 | €73,748 | €61,588 | -€12,160 | -16.5% |
| Current assets | 29/58 | €75,222 | €61,909 | -€13,313 | -17.7% |
| Amounts receivable within one year | 40/41 | €48,043 | €23,202 | -€24,841 | -51.7% |
| Trade receivables | 40 | €48,043 | €23,202 | -€24,841 | -51.7% |
| Cash at bank and in hand | 54/58 | €23,368 | €36,532 | +€13,164 | +56.3% |
| Deferred charges and accrued income | 490/1 | €3,810 | €2,174 | -€1,636 | -42.9% |
| Total equity and liabilities | 10/49 | €330,863 | €282,060 | -€48,803 | -14.8% |
| Equity | 10/15 | €72,455 | €55,547 | -€16,908 | -23.3% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €64,395 | €47,487 | -€16,908 | -26.3% |
| Distributable reserves | 133 | €64,395 | €47,487 | -€16,908 | -26.3% |
| Amounts payable | 17/49 | €258,408 | €226,513 | -€31,895 | -12.3% |
| Amounts payable after more than one year | 17 | €174,045 | €145,001 | -€29,044 | -16.7% |
| Financial debts | 170/4 | €174,045 | €145,001 | -€29,044 | -16.7% |
| Amounts payable within one year | 42/48 | €84,363 | €81,511 | -€2,852 | -3.4% |
| Current portion of amounts payable after more than one year | 42 | €28,582 | €29,044 | +€462 | +1.6% |
| Trade debts | 44 | €12,883 | €13,715 | +€832 | +6.5% |
| Suppliers | 440/4 | €12,883 | €13,715 | +€832 | +6.5% |
| Taxes, remuneration and social security | 45 | €31,168 | €26,735 | -€4,434 | -14.2% |
| Taxes | 450/3 | €31,168 | €26,735 | -€4,434 | -14.2% |
| Other amounts payable | 47/48 | €11,730 | €12,018 | +€288 | +2.5% |
| Remuneration, social security and pensions | 62 | €361 | €268 | -€93 | -25.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,499 | €41,579 | +€8,080 | +24.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €4,850 | - | -€4,850 | |
| Other operating charges | 640/8 | €6,046 | €4,291 | -€1,756 | -29.0% |
| Gross operating margin | 9900 | €81,733 | €50,588 | -€31,144 | -38.1% |
| Operating profit (loss) | 9901 | €36,977 | €4,451 | -€32,526 | -88.0% |
| Financial income | 75/76B | €312 | - | -€312 | |
| Recurring financial income | 75 | €312 | - | -€312 | |
| Financial charges | 65/66B | €8,332 | €8,818 | +€487 | +5.8% |
| Recurring financial charges | 65 | €8,332 | €8,818 | +€487 | +5.8% |
| Profit (loss) for the period before taxes | 9903 | €28,957 | -€4,368 | -€33,325 | |
| Income taxes | 67/77 | €10,800 | €2,040 | -€8,760 | -81.1% |
| Profit (loss) for the period | 9904 | €18,157 | -€6,408 | -€24,565 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,157 | -€6,408 | -€24,565 |
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 20 October 2026 via checked.be.