GEO LUX: 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.
GEO LUX
Largest movements
- Receivables within one year +€20,935
up €20,935 (+25.5%), from €82,257 to €103,192
of which Trade receivables: +€31,830
- Cash -€12,671
down €12,671 (-99.1%), from €12,788 to €117
mainly Receivables within one year (-€20,935) and Net result for the year (-€10,608)
- Trade debts +€15,823
up €15,823 (+102%), from €15,559 to €31,382
- Profit (loss) carried forward -€10,608
down €10,608 (-21.2%), from €50,085 to €39,477
- Tax, wage and social debts +€5,453
up €5,453 (+37.9%), from €14,388 to €19,841
of which Remuneration and social security: +€16,286
- Other debts -€3,665
down €3,665 (-49.2%), from €7,448 to €3,783
- Staff costs +€67,207
up €67,207 (+1,172%), from €5,733 to €72,940
- Gross operating margin +€46,281
up €46,281 (+224%), from €20,660 to €66,941
- Taxes -€3,238
no longer reported in 2025 (was €3,238)
- Depreciation +€782
up €782 (+22.0%), from €3,554 to €4,336
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 | €106,030 | €113,033 | +€7,003 | +6.6% |
| Fixed assets | 21/28 | €10,100 | €9,724 | -€376 | -3.7% |
| Tangible fixed assets | 22/27 | €10,100 | €9,724 | -€376 | -3.7% |
| Plant, machinery and equipment | 23 | €10,100 | €9,144 | -€956 | -9.5% |
| Furniture and vehicles | 24 | - | €580 | +€580 | |
| Current assets | 29/58 | €95,930 | €103,309 | +€7,379 | +7.7% |
| Amounts receivable within one year | 40/41 | €82,257 | €103,192 | +€20,935 | +25.5% |
| Trade receivables | 40 | €67,154 | €98,984 | +€31,830 | +47.4% |
| Other amounts receivable | 41 | €15,103 | €4,208 | -€10,895 | -72.1% |
| Cash at bank and in hand | 54/58 | €12,788 | €117 | -€12,671 | -99.1% |
| Deferred charges and accrued income | 490/1 | €885 | - | -€885 | |
| Total equity and liabilities | 10/49 | €106,030 | €113,033 | +€7,003 | +6.6% |
| Equity | 10/15 | €68,635 | €58,027 | -€10,608 | -15.5% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Reserves | 13 | €12,050 | €12,050 | = | 0.0% |
| Non-distributable reserves | 130/1 | €12,050 | €12,050 | = | 0.0% |
| Reserves not available under the articles | 1311 | €12,050 | €12,050 | = | 0.0% |
| Profit (loss) carried forward | 14 | €50,085 | €39,477 | -€10,608 | -21.2% |
| Amounts payable | 17/49 | €37,395 | €55,006 | +€17,611 | +47.1% |
| Amounts payable within one year | 42/48 | €37,395 | €55,006 | +€17,611 | +47.1% |
| Trade debts | 44 | €15,559 | €31,382 | +€15,823 | +102% |
| Suppliers | 440/4 | €15,559 | €31,382 | +€15,823 | +102% |
| Taxes, remuneration and social security | 45 | €14,388 | €19,841 | +€5,453 | +37.9% |
| Taxes | 450/3 | €14,312 | €3,479 | -€10,833 | -75.7% |
| Remuneration and social security | 454/9 | €76 | €16,362 | +€16,286 | +21,429% |
| Other amounts payable | 47/48 | €7,448 | €3,783 | -€3,665 | -49.2% |
| Remuneration, social security and pensions | 62 | €5,733 | €72,940 | +€67,207 | +1,172% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,554 | €4,336 | +€782 | +22.0% |
| Other operating charges | 640/8 | €154 | €172 | +€18 | +11.7% |
| Gross operating margin | 9900 | €20,660 | €66,941 | +€46,281 | +224% |
| Operating profit (loss) | 9901 | €11,219 | -€10,507 | -€21,726 | |
| Financial income | 75/76B | - | €206 | +€206 | |
| Recurring financial income | 75 | - | €206 | +€206 | |
| Financial charges | 65/66B | - | €307 | +€307 | |
| Recurring financial charges | 65 | - | €307 | +€307 | |
| Profit (loss) for the period before taxes | 9903 | €11,219 | -€10,608 | -€21,827 | |
| Income taxes | 67/77 | €3,238 | - | -€3,238 | |
| Profit (loss) for the period | 9904 | €7,981 | -€10,608 | -€18,589 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,981 | -€10,608 | -€18,589 |
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 29 October 2026 via checked.be.