GEERT HEX INTERIEUR: what changed
What changed
GEERT HEX INTERIEUR
NACE 31.004, Manufacture of dining room, living room, bedroom and bathroom furniture
filed annual accounts (NBB)
Net result for the year
€155,965
2024 · €140,766+€15,200
Equity
€757,128
2024 · €641,163+€115,965
Cash
€279,497
2024 · €226,527+€52,971
Balance sheet total
€1.7m
2024 · €1.6m+€95,311
Largest movements
Assets
- Cash +€52,971
up €52,971 (+23.4%), from €226,527 to €279,497
mainly Net result for the year (+€155,965) and Depreciation (+€99,325)
- Receivables within one year +€25,524
up €25,524 (+33.6%), from €75,874 to €101,399
of which Trade receivables: +€36,042
Equity and liabilities
- Reserves +€115,965
up €115,965 (+18.4%), from €628,663 to €744,628
of which Distributable reserves: +€125,638
- Debts after one year -€85,587
down €85,587 (-12.4%), from €691,368 to €605,781
- Tax, wage and social debts +€35,099
up €35,099 (+108%), from €32,483 to €67,582
of which Taxes: +€34,904
- Trade debts +€19,239
up €19,239 (+27.7%), from €69,406 to €88,644
Income statement
- Gross operating margin +€152,754
up €152,754 (+19.7%), from €775,048 to €927,802
- Staff costs +€85,250
up €85,250 (+17.7%), from €481,118 to €566,368
- Taxes +€32,065
up €32,065 (+68.9%), from €46,517 to €78,582
- Depreciation +€12,684
up €12,684 (+14.6%), from €86,642 to €99,325
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€140,766
Gross operating margin
+€152,754
Staff costs
-€85,250
Depreciation
-€12,684
Other operating charges
+€919
Financial income
-€2,100
Financial charges
-€6,374
Taxes
-€32,065
Result 2025
€155,965
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€272,240
Investment
-€95,325
Financing
-€123,945
Cash 2024
€226,527
From operations (derived)
+€272,240
Net result for the year
+€155,965
Depreciation
+€99,325
Stocks and contracts
-€16,500
Receivables within one year
-€25,524
Deferred charges and accrued income
-€4,316
Provisions
-€2,418
Trade debts
+€19,239
Tax, wage and social debts
+€35,099
Other debts
+€9,958
Accrued charges and deferred income
+€1,413
Investment (derived)
-€95,325
Investment in fixed assets (net)
-€95,325
Financing
-€123,945
Debts after one year
-€85,587
Current portion of long-term debt
+€1,642
Contributions, distributions and other
-€40,000
Cash 2025
€279,497
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,591,718 | €1,687,029 | +€95,311 | +6.0% |
| Fixed assets | 21/28 | €1,265,817 | €1,261,817 | -€4,000 | -0.3% |
| Tangible fixed assets | 22/27 | €1,265,817 | €1,261,817 | -€4,000 | -0.3% |
| Land and buildings | 22 | €1,083,187 | €1,114,258 | +€31,071 | +2.9% |
| Plant, machinery and equipment | 23 | €58,825 | €57,878 | -€947 | -1.6% |
| Furniture and vehicles | 24 | €35,803 | €21,301 | -€14,502 | -40.5% |
| Leasing and similar rights | 25 | €88,002 | €68,380 | -€19,622 | -22.3% |
| Current assets | 29/58 | €325,901 | €425,212 | +€99,311 | +30.5% |
| Stocks and contracts in progress | 3 | €23,500 | €40,000 | +€16,500 | +70.2% |
| Stocks | 30/36 | €23,500 | €40,000 | +€16,500 | +70.2% |
| Amounts receivable within one year | 40/41 | €75,874 | €101,399 | +€25,524 | +33.6% |
| Trade receivables | 40 | €50,152 | €86,194 | +€36,042 | +71.9% |
| Other amounts receivable | 41 | €25,723 | €15,205 | -€10,518 | -40.9% |
| Cash at bank and in hand | 54/58 | €226,527 | €279,497 | +€52,971 | +23.4% |
| Deferred charges and accrued income | 490/1 | - | €4,316 | +€4,316 | |
| Total equity and liabilities | 10/49 | €1,591,718 | €1,687,029 | +€95,311 | +6.0% |
| Equity | 10/15 | €641,163 | €757,128 | +€115,965 | +18.1% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €628,663 | €744,628 | +€115,965 | +18.4% |
| Tax-exempt reserves | 132 | €174,116 | €164,443 | -€9,673 | -5.6% |
| Distributable reserves | 133 | €454,547 | €580,185 | +€125,638 | +27.6% |
| Provisions and deferred taxes | 16 | €43,529 | €41,111 | -€2,418 | -5.6% |
| Deferred taxes | 168 | €43,529 | €41,111 | -€2,418 | -5.6% |
| Amounts payable | 17/49 | €907,026 | €888,791 | -€18,236 | -2.0% |
| Amounts payable after more than one year | 17 | €691,368 | €605,781 | -€85,587 | -12.4% |
| Financial debts | 170/4 | €691,368 | €605,781 | -€85,587 | -12.4% |
| Amounts payable within one year | 42/48 | €204,421 | €270,359 | +€65,938 | +32.3% |
| Current portion of amounts payable after more than one year | 42 | €83,945 | €85,587 | +€1,642 | +2.0% |
| Trade debts | 44 | €69,406 | €88,644 | +€19,239 | +27.7% |
| Suppliers | 440/4 | €69,406 | €88,644 | +€19,239 | +27.7% |
| Taxes, remuneration and social security | 45 | €32,483 | €67,582 | +€35,099 | +108% |
| Taxes | 450/3 | €13,694 | €48,599 | +€34,904 | +255% |
| Remuneration and social security | 454/9 | €18,789 | €18,984 | +€195 | +1.0% |
| Other amounts payable | 47/48 | €18,588 | €28,545 | +€9,958 | +53.6% |
| Accrued charges and deferred income | 492/3 | €11,237 | €12,650 | +€1,413 | +12.6% |
| Non-recurring operating income | 76A | €32,133 | €36,433 | +€4,301 | +13.4% |
| Remuneration, social security and pensions | 62 | €481,118 | €566,368 | +€85,250 | +17.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €86,642 | €99,325 | +€12,684 | +14.6% |
| Other operating charges | 640/8 | €7,870 | €6,952 | -€919 | -11.7% |
| Gross operating margin | 9900 | €775,048 | €927,802 | +€152,754 | +19.7% |
| Operating profit (loss) | 9901 | €199,418 | €255,158 | +€55,739 | +28.0% |
| Financial income | 75/76B | €15,620 | €13,520 | -€2,100 | -13.4% |
| Recurring financial income | 75 | €15,620 | €13,520 | -€2,100 | -13.4% |
| Financial charges | 65/66B | €30,174 | €36,548 | +€6,374 | +21.1% |
| Recurring financial charges | 65 | €30,174 | €36,548 | +€6,374 | +21.1% |
| Profit (loss) for the period before taxes | 9903 | €184,864 | €232,129 | +€47,265 | +25.6% |
| Transfer from deferred taxes | 780 | €2,418 | €2,418 | = | 0.0% |
| Income taxes | 67/77 | €46,517 | €78,582 | +€32,065 | +68.9% |
| Profit (loss) for the period | 9904 | €140,766 | €155,965 | +€15,200 | +10.8% |
| Transfer from tax-exempt reserves | 789 | €9,673 | €9,673 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €150,439 | €165,638 | +€15,200 | +10.1% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.