I-GEOIT: 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.
I-GEOIT
Largest movements
- Cash -€39,239
down €39,239 (-24.0%), from €163,743 to €124,504
mainly Contributions, distributions and other (-€34,330) and Investment in fixed assets (net) (-€13,764)
- Tangible fixed assets +€11,536
up €11,536 (+1780.7%), from €648 to €12,183
- Receivables within one year +€7,733
up €7,733 (+33.3%), from €23,192 to €30,925
of which Other amounts receivable: +€5,829
- Reserves -€25,946
down €25,946 (-17.1%), from €152,046 to €126,100
of which Distributable reserves: -€25,946
- Trade debts +€6,666
up €6,666 (+348.3%), from €1,914 to €8,580
- Gross operating margin -€22,970
down €22,970 (-58.8%), from €39,050 to €16,081
- Depreciation -€9,771
down €9,771 (-81.4%), from €12,000 to €2,229
- Taxes -€2,395
down €2,395 (-26.7%), from €8,978 to €6,582
- Other operating charges +€734
up €734 (+55.6%), from €1,320 to €2,055
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.
Cash bridge derived
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 | €322,063 | €302,231 | -€19,832 | -6.2% |
| Fixed assets | 21/28 | €648 | €12,183 | +€11,536 | +1780.7% |
| Tangible fixed assets | 22/27 | €648 | €12,183 | +€11,536 | +1780.7% |
| Furniture and vehicles | 24 | €648 | €12,183 | +€11,536 | +1780.7% |
| Current assets | 29/58 | €321,415 | €290,048 | -€31,367 | -9.8% |
| Amounts receivable within one year | 40/41 | €23,192 | €30,925 | +€7,733 | +33.3% |
| Trade receivables | 40 | €13,584 | €15,488 | +€1,904 | +14.0% |
| Other amounts receivable | 41 | €9,608 | €15,437 | +€5,829 | +60.7% |
| Current investments | 50/53 | €128,451 | €128,451 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €163,743 | €124,504 | -€39,239 | -24.0% |
| Deferred charges and accrued income | 490/1 | €6,029 | €6,168 | +€139 | +2.3% |
| Total equity and liabilities | 10/49 | €322,063 | €302,231 | -€19,832 | -6.2% |
| Equity | 10/15 | €299,246 | €273,301 | -€25,946 | -8.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €152,046 | €126,100 | -€25,946 | -17.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €150,186 | €124,240 | -€25,946 | -17.3% |
| Profit (loss) carried forward | 14 | €141,000 | €141,000 | = | 0.0% |
| Amounts payable | 17/49 | €22,817 | €28,931 | +€6,114 | +26.8% |
| Amounts payable within one year | 42/48 | €21,937 | €28,931 | +€6,994 | +31.9% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €1,914 | €8,580 | +€6,666 | +348.3% |
| Suppliers | 440/4 | €1,914 | €8,580 | +€6,666 | +348.3% |
| Taxes, remuneration and social security | 45 | €20,023 | €20,350 | +€328 | +1.6% |
| Taxes | 450/3 | €20,023 | €20,350 | +€328 | +1.6% |
| Accrued charges and deferred income | 492/3 | €880 | €0 | -€880 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,000 | €2,229 | -€9,771 | -81.4% |
| Other operating charges | 640/8 | €1,320 | €2,055 | +€734 | +55.6% |
| Gross operating margin | 9900 | €39,050 | €16,081 | -€22,970 | -58.8% |
| Operating profit (loss) | 9901 | €25,730 | €11,797 | -€13,933 | -54.2% |
| Financial income | 75/76B | €3,620 | €3,572 | -€49 | -1.3% |
| Recurring financial income | 75 | €3,620 | €3,572 | -€49 | -1.3% |
| Financial charges | 65/66B | €415 | €402 | -€13 | -3.1% |
| Recurring financial charges | 65 | €415 | €402 | -€13 | -3.1% |
| Profit (loss) for the period before taxes | 9903 | €28,935 | €14,967 | -€13,969 | -48.3% |
| Income taxes | 67/77 | €8,978 | €6,582 | -€2,395 | -26.7% |
| Profit (loss) for the period | 9904 | €19,958 | €8,384 | -€11,573 | -58.0% |
| Profit (loss) for the period to be appropriated | 9905 | €19,958 | €8,384 | -€11,573 | -58.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.