LN Géo: 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.
LN Géo
Largest movements
- Tangible fixed assets -€11,799
down €11,799 (-19.8%), from €59,534 to €47,735
of which Plant, machinery and equipment: -€13,088
- Receivables after one year +€10,000
new in 2025: €10,000
- Cash -€9,683
down €9,683 (-59.0%), from €16,409 to €6,727
mainly Debts after one year (-€10,643) and Receivables after one year (-€10,000)
- Receivables within one year -€7,430
down €7,430 (-18.9%), from €39,218 to €31,788
of which Trade receivables: -€8,243
- Debts after one year -€10,643
down €10,643 (-26.3%), from €40,409 to €29,765
- Profit (loss) carried forward -€9,392
down €9,392 (-24.3%), from €38,702 to €29,310
- Other debts +€2,986
up €2,986 (+90.6%), from €3,295 to €6,281
- Current portion of long-term debt -€2,008
down €2,008 (-15.9%), from €12,652 to €10,643
- Trade debts +€1,556
up €1,556 (+1092.7%), from €142 to €1,699
- Gross operating margin -€16,662
down €16,662 (-59.5%), from €27,996 to €11,334
- Taxes -€859
down €859 (-82.1%), from €1,046 to €187
- Other operating charges -€827
down €827 (-56.7%), from €1,459 to €632
- Depreciation +€531
up €531 (+3.6%), from €14,914 to €15,445
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 | €119,005 | €99,959 | -€19,047 | -16.0% |
| Fixed assets | 21/28 | €61,694 | €49,895 | -€11,799 | -19.1% |
| Tangible fixed assets | 22/27 | €59,534 | €47,735 | -€11,799 | -19.8% |
| Land and buildings | 22 | €4,000 | €4,000 | = | 0.0% |
| Plant, machinery and equipment | 23 | €51,817 | €38,729 | -€13,088 | -25.3% |
| Furniture and vehicles | 24 | €3,717 | €5,006 | +€1,289 | +34.7% |
| Financial fixed assets | 28 | €2,160 | €2,160 | = | 0.0% |
| Current assets | 29/58 | €57,312 | €50,064 | -€7,248 | -12.6% |
| Amounts receivable after more than one year | 29 | - | €10,000 | +€10,000 | |
| Trade receivables | 290 | - | €10,000 | +€10,000 | |
| Amounts receivable within one year | 40/41 | €39,218 | €31,788 | -€7,430 | -18.9% |
| Trade receivables | 40 | €31,683 | €23,440 | -€8,243 | -26.0% |
| Other amounts receivable | 41 | €7,536 | €8,348 | +€813 | +10.8% |
| Cash at bank and in hand | 54/58 | €16,409 | €6,727 | -€9,683 | -59.0% |
| Deferred charges and accrued income | 490/1 | €1,684 | €1,549 | -€135 | -8.0% |
| Total equity and liabilities | 10/49 | €119,005 | €99,959 | -€19,047 | -16.0% |
| Equity | 10/15 | €57,374 | €47,982 | -€9,392 | -16.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €72 | €72 | = | 0.0% |
| Non-distributable reserves | 130/1 | €72 | €72 | = | 0.0% |
| Reserves not available under the articles | 1311 | €72 | €72 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,702 | €29,310 | -€9,392 | -24.3% |
| Amounts payable | 17/49 | €61,632 | €51,977 | -€9,654 | -15.7% |
| Amounts payable after more than one year | 17 | €40,409 | €29,765 | -€10,643 | -26.3% |
| Financial debts | 170/4 | €40,409 | €29,765 | -€10,643 | -26.3% |
| Amounts payable within one year | 42/48 | €21,223 | €22,212 | +€989 | +4.7% |
| Current portion of amounts payable after more than one year | 42 | €12,652 | €10,643 | -€2,008 | -15.9% |
| Trade debts | 44 | €142 | €1,699 | +€1,556 | +1092.7% |
| Suppliers | 440/4 | €142 | €1,699 | +€1,556 | +1092.7% |
| Taxes, remuneration and social security | 45 | €5,134 | €3,589 | -€1,545 | -30.1% |
| Taxes | 450/3 | €5,134 | €3,589 | -€1,545 | -30.1% |
| Other amounts payable | 47/48 | €3,295 | €6,281 | +€2,986 | +90.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,914 | €15,445 | +€531 | +3.6% |
| Other operating charges | 640/8 | €1,459 | €632 | -€827 | -56.7% |
| Gross operating margin | 9900 | €27,996 | €11,334 | -€16,662 | -59.5% |
| Operating profit (loss) | 9901 | €11,623 | -€4,743 | -€16,366 | |
| Financial income | 75/76B | €44 | €139 | +€94 | +213.4% |
| Recurring financial income | 75 | €44 | €139 | +€94 | +213.4% |
| Financial charges | 65/66B | €4,388 | €4,601 | +€212 | +4.8% |
| Recurring financial charges | 65 | €4,388 | €4,601 | +€212 | +4.8% |
| Profit (loss) for the period before taxes | 9903 | €7,279 | -€9,205 | -€16,484 | |
| Income taxes | 67/77 | €1,046 | €187 | -€859 | -82.1% |
| Profit (loss) for the period | 9904 | €6,233 | -€9,392 | -€15,625 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,233 | -€9,392 | -€15,625 |
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 12 October 2026 via checked.be.