GEYS ELECTRO: 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.
GEYS ELECTRO
Largest movements
- Stocks and contracts -€11,229
down €11,229 (-43.6%), from €25,754 to €14,524
- Receivables within one year +€10,371
up €10,371 (+23.8%), from €43,548 to €53,919
of which Trade receivables: +€5,251
- Deferred charges and accrued income +€8,266
up €8,266 (+180%), from €4,603 to €12,868
- Tangible fixed assets -€4,108
down €4,108 (-27.2%), from €15,090 to €10,982
- Reserves +€42,984
up €42,984 (+31.8%), from €135,052 to €178,036
- Other debts -€34,988
down €34,988 (-95.6%), from €36,605 to €1,617
- Tax, wage and social debts -€16,987
down €16,987 (-89.6%), from €18,956 to €1,969
of which Remuneration and social security: -€13,026
- Trade debts +€14,521
up €14,521 (+89.6%), from €16,200 to €30,721
- Current portion of long-term debt -€2,782
no longer reported in 2026 (was €2,782)
- Gross operating margin -€61,510
down €61,510 (-34.9%), from €176,403 to €114,892
- Staff costs -€47,160
down €47,160 (-50.4%), from €93,511 to €46,350
- Depreciation -€8,483
down €8,483 (-61.4%), from €13,827 to €5,343
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €216,539 | €218,543 | +€2,004 | +0.9% |
| Fixed assets | 21/28 | €15,090 | €10,982 | -€4,108 | -27.2% |
| Tangible fixed assets | 22/27 | €15,090 | €10,982 | -€4,108 | -27.2% |
| Plant, machinery and equipment | 23 | €5,242 | €3,691 | -€1,551 | -29.6% |
| Furniture and vehicles | 24 | €7,558 | €6,457 | -€1,101 | -14.6% |
| Leasing and similar rights | 25 | €1,297 | - | -€1,297 | |
| Other tangible fixed assets | 26 | €993 | €834 | -€159 | -16.0% |
| Current assets | 29/58 | €201,449 | €207,561 | +€6,112 | +3.0% |
| Stocks and contracts in progress | 3 | €25,754 | €14,524 | -€11,229 | -43.6% |
| Stocks | 30/36 | €25,754 | €14,524 | -€11,229 | -43.6% |
| Amounts receivable within one year | 40/41 | €43,548 | €53,919 | +€10,371 | +23.8% |
| Trade receivables | 40 | €37,055 | €42,307 | +€5,251 | +14.2% |
| Other amounts receivable | 41 | €6,492 | €11,612 | +€5,120 | +78.9% |
| Cash at bank and in hand | 54/58 | €127,545 | €126,249 | -€1,296 | -1.0% |
| Deferred charges and accrued income | 490/1 | €4,603 | €12,868 | +€8,266 | +180% |
| Total equity and liabilities | 10/49 | €216,539 | €218,543 | +€2,004 | +0.9% |
| Equity | 10/15 | €141,252 | €184,236 | +€42,984 | +30.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €135,052 | €178,036 | +€42,984 | +31.8% |
| Distributable reserves | 133 | €135,052 | €178,036 | +€42,984 | +31.8% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €75,287 | €34,307 | -€40,980 | -54.4% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €74,542 | €34,307 | -€40,235 | -54.0% |
| Current portion of amounts payable after more than one year | 42 | €2,782 | - | -€2,782 | |
| Trade debts | 44 | €16,200 | €30,721 | +€14,521 | +89.6% |
| Suppliers | 440/4 | €16,200 | €30,721 | +€14,521 | +89.6% |
| Taxes, remuneration and social security | 45 | €18,956 | €1,969 | -€16,987 | -89.6% |
| Taxes | 450/3 | €4,629 | €669 | -€3,960 | -85.5% |
| Remuneration and social security | 454/9 | €14,326 | €1,300 | -€13,026 | -90.9% |
| Other amounts payable | 47/48 | €36,605 | €1,617 | -€34,988 | -95.6% |
| Accrued charges and deferred income | 492/3 | €744 | - | -€744 | |
| Remuneration, social security and pensions | 62 | €93,511 | €46,350 | -€47,160 | -50.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,827 | €5,343 | -€8,483 | -61.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €467 | - | -€467 | |
| Other operating charges | 640/8 | €2,848 | €1,168 | -€1,680 | -59.0% |
| Non-recurring operating charges | 66A | €210 | €217 | +€7 | +3.3% |
| Gross operating margin | 9900 | €176,403 | €114,892 | -€61,510 | -34.9% |
| Operating profit (loss) | 9901 | €65,540 | €61,813 | -€3,727 | -5.7% |
| Financial income | 75/76B | €102 | €167 | +€65 | +63.9% |
| Recurring financial income | 75 | €102 | €167 | +€65 | +63.9% |
| Financial charges | 65/66B | €972 | €245 | -€727 | -74.8% |
| Recurring financial charges | 65 | €972 | €245 | -€727 | -74.8% |
| Profit (loss) for the period before taxes | 9903 | €64,670 | €61,736 | -€2,934 | -4.5% |
| Income taxes | 67/77 | €18,424 | €17,952 | -€472 | -2.6% |
| Profit (loss) for the period | 9904 | €46,246 | €43,784 | -€2,462 | -5.3% |
| Profit (loss) for the period to be appropriated | 9905 | €46,246 | €43,784 | -€2,462 | -5.3% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.