LUYCX GEERT: 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.
LUYCX GEERT
Largest movements
- Tangible fixed assets -€18,162
down €18,162 (-13.8%), from €131,798 to €113,637
of which Furniture and vehicles: -€9,549
- Cash +€3,802
up €3,802 (+24.7%), from €15,376 to €19,178
mainly Depreciation (+€18,162) and Deferred charges and accrued income (+€1,200)
- Receivables within one year +€1,998
up €1,998 (+69.9%), from €2,858 to €4,856
of which Trade receivables: +€2,281
- Debts after one year -€5,993
down €5,993 (-47.5%), from €12,619 to €6,626
- Reserves -€3,520
down €3,520 (-4.0%), from €88,971 to €85,451
of which Tax-exempt reserves: -€3,520
- Trade debts -€2,433
down €2,433 (-52.9%), from €4,604 to €2,171
- Gross operating margin +€7,145
up €7,145 (+67.4%), from €10,608 to €17,753
- Depreciation -€2,089
down €2,089 (-10.3%), from €20,251 to €18,162
- Taxes +€1,074
up €1,074, from €0 to €1,074
- Financial charges -€272
down €272 (-32.7%), from €832 to €560
- Write-downs -€233
down €233, from €117 to -€117
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 | €153,815 | €140,253 | -€13,562 | -8.8% |
| Fixed assets | 21/28 | €131,798 | €113,637 | -€18,162 | -13.8% |
| Tangible fixed assets | 22/27 | €131,798 | €113,637 | -€18,162 | -13.8% |
| Land and buildings | 22 | €93,896 | €86,727 | -€7,169 | -7.6% |
| Plant, machinery and equipment | 23 | €841 | €311 | -€530 | -63.0% |
| Furniture and vehicles | 24 | €33,832 | €24,283 | -€9,549 | -28.2% |
| Other tangible fixed assets | 26 | €3,230 | €2,316 | -€914 | -28.3% |
| Current assets | 29/58 | €22,016 | €26,616 | +€4,600 | +20.9% |
| Amounts receivable within one year | 40/41 | €2,858 | €4,856 | +€1,998 | +69.9% |
| Trade receivables | 40 | €297 | €2,578 | +€2,281 | +769% |
| Other amounts receivable | 41 | €2,562 | €2,278 | -€283 | -11.1% |
| Cash at bank and in hand | 54/58 | €15,376 | €19,178 | +€3,802 | +24.7% |
| Deferred charges and accrued income | 490/1 | €3,782 | €2,582 | -€1,200 | -31.7% |
| Total equity and liabilities | 10/49 | €153,815 | €140,253 | -€13,562 | -8.8% |
| Equity | 10/15 | €97,988 | €95,069 | -€2,919 | -3.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €88,971 | €85,451 | -€3,520 | -4.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €13,349 | €9,829 | -€3,520 | -26.4% |
| Distributable reserves | 133 | €75,622 | €75,622 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,583 | -€8,982 | +€601 | +6.3% |
| Provisions and deferred taxes | 16 | €3,161 | €2,281 | -€880 | -27.8% |
| Deferred taxes | 168 | €3,161 | €2,281 | -€880 | -27.8% |
| Amounts payable | 17/49 | €52,666 | €42,904 | -€9,763 | -18.5% |
| Amounts payable after more than one year | 17 | €12,619 | €6,626 | -€5,993 | -47.5% |
| Financial debts | 170/4 | €12,619 | €6,626 | -€5,993 | -47.5% |
| Amounts payable within one year | 42/48 | €39,468 | €36,278 | -€3,190 | -8.1% |
| Current portion of amounts payable after more than one year | 42 | €5,878 | €5,993 | +€116 | +2.0% |
| Trade debts | 44 | €4,604 | €2,171 | -€2,433 | -52.9% |
| Suppliers | 440/4 | €4,604 | €2,171 | -€2,433 | -52.9% |
| Taxes, remuneration and social security | 45 | €90 | €109 | +€18 | +20.2% |
| Taxes | 450/3 | €90 | €109 | +€18 | +20.2% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €28,896 | €28,005 | -€891 | -3.1% |
| Accrued charges and deferred income | 492/3 | €579 | €0 | -€579 | -100% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,251 | €18,162 | -€2,089 | -10.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €117 | -€117 | -€233 | |
| Other operating charges | 640/8 | €2,063 | €1,910 | -€152 | -7.4% |
| Gross operating margin | 9900 | €10,608 | €17,753 | +€7,145 | +67.4% |
| Operating profit (loss) | 9901 | -€11,822 | -€2,202 | +€9,620 | +81.4% |
| Financial income | 75/76B | €82 | €37 | -€44 | -54.4% |
| Recurring financial income | 75 | €82 | €37 | -€44 | -54.4% |
| Financial charges | 65/66B | €832 | €560 | -€272 | -32.7% |
| Recurring financial charges | 65 | €832 | €560 | -€272 | -32.7% |
| Profit (loss) for the period before taxes | 9903 | -€12,572 | -€2,725 | +€9,847 | +78.3% |
| Transfer from deferred taxes | 780 | €880 | €880 | = | 0.0% |
| Transfer to deferred taxes | 680 | €0 | - | = | |
| Income taxes | 67/77 | €0 | €1,074 | +€1,074 | |
| Profit (loss) for the period | 9904 | -€11,692 | -€2,919 | +€8,773 | +75.0% |
| Transfer from tax-exempt reserves | 789 | €3,520 | €3,520 | = | 0.0% |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,172 | €601 | +€8,773 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.