GEYSCO: 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.
GEYSCO
Largest movements
- Stocks and contracts +€37,674
up €37,674 (+11.6%), from €323,697 to €361,371
- Receivables within one year -€11,839
down €11,839 (-34.1%), from €34,680 to €22,841
of which Trade receivables: -€11,289
- Reserves +€14,000
up €14,000 (+12.1%), from €115,600 to €129,600
- Current portion of long-term debt +€11,479
up €11,479 (+122%), from €9,372 to €20,852
- Debts after one year +€5,248
up €5,248 (+2.2%), from €243,899 to €249,148
- Gross operating margin -€41,337
down €41,337 (-57.3%), from €72,133 to €30,795
- Financial charges -€9,531
down €9,531 (-57.7%), from €16,519 to €6,988
- Taxes -€6,293
down €6,293 (-60.5%), from €10,400 to €4,107
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 | €401,159 | €431,771 | +€30,612 | +7.6% |
| Fixed assets | 21/28 | €13,918 | €14,970 | +€1,052 | +7.6% |
| Tangible fixed assets | 22/27 | €13,918 | €14,970 | +€1,052 | +7.6% |
| Plant, machinery and equipment | 23 | €992 | €663 | -€330 | -33.2% |
| Furniture and vehicles | 24 | €12,926 | €14,307 | +€1,381 | +10.7% |
| Current assets | 29/58 | €387,242 | €416,802 | +€29,560 | +7.6% |
| Stocks and contracts in progress | 3 | €323,697 | €361,371 | +€37,674 | +11.6% |
| Stocks | 30/36 | €323,697 | €361,371 | +€37,674 | +11.6% |
| Amounts receivable within one year | 40/41 | €34,680 | €22,841 | -€11,839 | -34.1% |
| Trade receivables | 40 | €21,877 | €10,588 | -€11,289 | -51.6% |
| Other amounts receivable | 41 | €12,803 | €12,254 | -€550 | -4.3% |
| Cash at bank and in hand | 54/58 | €28,489 | €31,373 | +€2,884 | +10.1% |
| Deferred charges and accrued income | 490/1 | €376 | €1,217 | +€841 | +224% |
| Total equity and liabilities | 10/49 | €401,159 | €431,771 | +€30,612 | +7.6% |
| Equity | 10/15 | €135,603 | €149,619 | +€14,016 | +10.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €115,600 | €129,600 | +€14,000 | +12.1% |
| Distributable reserves | 133 | €115,600 | €129,600 | +€14,000 | +12.1% |
| Profit (loss) carried forward | 14 | €3 | €19 | +€16 | +546% |
| Amounts payable | 17/49 | €265,556 | €282,152 | +€16,596 | +6.2% |
| Amounts payable after more than one year | 17 | €243,899 | €249,148 | +€5,248 | +2.2% |
| Financial debts | 170/4 | €243,899 | €249,148 | +€5,248 | +2.2% |
| Amounts payable within one year | 42/48 | €20,699 | €33,005 | +€12,306 | +59.5% |
| Current portion of amounts payable after more than one year | 42 | €9,372 | €20,852 | +€11,479 | +122% |
| Trade debts | 44 | €152 | €48 | -€104 | -68.3% |
| Suppliers | 440/4 | €152 | €48 | -€104 | -68.3% |
| Taxes, remuneration and social security | 45 | €11,175 | €12,105 | +€930 | +8.3% |
| Taxes | 450/3 | €9,175 | €10,105 | +€930 | +10.1% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €959 | - | -€959 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,662 | €4,765 | +€103 | +2.2% |
| Other operating charges | 640/8 | €1,685 | €1,378 | -€306 | -18.2% |
| Gross operating margin | 9900 | €72,133 | €30,795 | -€41,337 | -57.3% |
| Operating profit (loss) | 9901 | €65,786 | €24,652 | -€41,134 | -62.5% |
| Financial income | 75/76B | €189 | €459 | +€270 | +143% |
| Recurring financial income | 75 | €189 | €459 | +€270 | +143% |
| Financial charges | 65/66B | €16,519 | €6,988 | -€9,531 | -57.7% |
| Recurring financial charges | 65 | €16,519 | €6,988 | -€9,531 | -57.7% |
| Profit (loss) for the period before taxes | 9903 | €49,456 | €18,123 | -€31,333 | -63.4% |
| Income taxes | 67/77 | €10,400 | €4,107 | -€6,293 | -60.5% |
| Profit (loss) for the period | 9904 | €39,056 | €14,016 | -€25,040 | -64.1% |
| Profit (loss) for the period to be appropriated | 9905 | €39,056 | €14,016 | -€25,040 | -64.1% |
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 15 October 2026 via checked.be.