GEOFISC: 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.
GEOFISC
Largest movements
- Tangible fixed assets +€6,668
up €6,668, from €0 to €6,668
of which Plant, machinery and equipment: +€6,668
- Receivables within one year +€2,378
up €2,378 (+59.9%), from €3,970 to €6,348
of which Other amounts receivable: +€4,893
- Cash -€818
down €818 (-57.9%), from €1,414 to €596
- Deferred charges and accrued income -€160
down €160 (-83.6%), from €191 to €31
- Profit (loss) carried forward +€9,749
up €9,749 (+16.3%), from -€59,656 to -€49,907
- Tax, wage and social debts -€3,165
down €3,165 (-66.2%), from €4,780 to €1,615
of which Remuneration and social security: -€4,780
- Accrued charges and deferred income +€792
new in 2025: €792
- Trade debts +€692
new in 2025: €692
- Turnover -€26,390
down €26,390 (-100%), from €26,390 to €0
- Purchases and services -€22,024
down €22,024 (-100%), from €22,024 to €0
- Depreciation +€1,177
new in 2025: €1,177
- Gross operating margin +€1,142
up €1,142 (+26.2%), from €4,366 to €5,508
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,575 | €13,644 | +€8,069 | +145% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | - | €6,668 | +€6,668 | |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €0 | €6,668 | +€6,668 | |
| Land and buildings | 22 | - | €0 | = | |
| Plant, machinery and equipment | 23 | - | €6,668 | +€6,668 | |
| Furniture and vehicles | 24 | - | €0 | = | |
| Leasing and similar rights | 25 | - | €0 | = | |
| Other tangible fixed assets | 26 | - | €0 | = | |
| Assets under construction and advance payments | 27 | - | €0 | = | |
| Financial fixed assets | 28 | - | €0 | = | |
| Current assets | 29/58 | €5,575 | €6,976 | +€1,400 | +25.1% |
| Amounts receivable within one year | 40/41 | €3,970 | €6,348 | +€2,378 | +59.9% |
| Trade receivables | 40 | €3,970 | €1,455 | -€2,515 | -63.3% |
| Other amounts receivable | 41 | - | €4,893 | +€4,893 | |
| Cash at bank and in hand | 54/58 | €1,414 | €596 | -€818 | -57.9% |
| Deferred charges and accrued income | 490/1 | €191 | €31 | -€160 | -83.6% |
| Total equity and liabilities | 10/49 | €5,575 | €13,644 | +€8,069 | +145% |
| Equity | 10/15 | -€39,204 | -€29,455 | +€9,749 | +24.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Contributions outside capital | 11 | €18,592 | - | -€18,592 | |
| Share premium | 1100/10 | €18,592 | - | -€18,592 | |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €0 | -€1,859 | -100% |
| Reserves not available under the articles | 1311 | €1,859 | €0 | -€1,859 | -100% |
| Distributable reserves | 133 | - | €1,859 | +€1,859 | |
| Profit (loss) carried forward | 14 | -€59,656 | -€49,907 | +€9,749 | +16.3% |
| Amounts payable | 17/49 | €44,780 | €43,099 | -€1,680 | -3.8% |
| Amounts payable after more than one year | 17 | €40,000 | €40,000 | = | 0.0% |
| Financial debts | 170/4 | €40,000 | €40,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €4,780 | €2,307 | -€2,473 | -51.7% |
| Trade debts | 44 | - | €692 | +€692 | |
| Suppliers | 440/4 | - | €692 | +€692 | |
| Taxes, remuneration and social security | 45 | €4,780 | €1,615 | -€3,165 | -66.2% |
| Taxes | 450/3 | - | €1,615 | +€1,615 | |
| Remuneration and social security | 454/9 | €4,780 | - | -€4,780 | |
| Accrued charges and deferred income | 492/3 | - | €792 | +€792 | |
| Turnover | 70 | €26,390 | €0 | -€26,390 | -100% |
| Goods, raw materials, services and sundry goods | 60/61 | €22,024 | €0 | -€22,024 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,177 | +€1,177 | |
| Other operating charges | 640/8 | €109 | €181 | +€72 | +66.1% |
| Gross operating margin | 9900 | €4,366 | €5,508 | +€1,142 | +26.2% |
| Operating profit (loss) | 9901 | €4,257 | €4,150 | -€107 | -2.5% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €97 | €112 | +€15 | +15.9% |
| Recurring financial charges | 65 | €97 | €112 | +€15 | +15.9% |
| Profit (loss) for the period before taxes | 9903 | €4,160 | €4,038 | -€122 | -2.9% |
| Income taxes | 67/77 | €73 | €282 | +€209 | +288% |
| Profit (loss) for the period | 9904 | €4,088 | €3,756 | -€331 | -8.1% |
| Profit (loss) for the period to be appropriated | 9905 | €4,088 | €3,756 | -€331 | -8.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.