CH. GERON: what changed
What changed
CH. GERON
NACE 43.120, Site preparation
filed annual accounts (NBB)
Net result for the year
€99,061
2024 · €284,352-€185,292
Equity
€716,745
2024 · €715,952+€794
Cash
€332,345
2024 · €263,525+€68,820
Balance sheet total
€2.8m
2024 · €2.4m+€362,920
Largest movements
Assets
- Tangible fixed assets +€217,704
up €217,704 (+15.3%), from €1.4m to €1.6m
of which Furniture and vehicles: +€340,985
- Receivables within one year +€78,690
up €78,690 (+11.1%), from €708,825 to €787,516
of which Other amounts receivable: +€93,274
- Cash +€68,820
up €68,820 (+26.1%), from €263,525 to €332,345
mainly Depreciation (+€439,402) and Trade debts (+€290,551)
Equity and liabilities
- Trade debts +€290,551
up €290,551 (+130%), from €223,906 to €514,457
- Debts after one year +€78,708
up €78,708 (+11.1%), from €706,095 to €784,803
Income statement
- Financial income -€113,186
down €113,186 (-98.9%), from €114,458 to €1,272
- Taxes -€62,634
down €62,634 (-76.7%), from €81,668 to €19,034
- Depreciation +€61,051
up €61,051 (+16.1%), from €378,351 to €439,402
- Staff costs +€35,770
up €35,770 (+4.1%), from €862,079 to €897,849
- Gross operating margin -€21,783
down €21,783 (-1.4%), from €1.6m to €1.5m
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
€284,352
Gross operating margin
-€21,783
Staff costs
-€35,770
Depreciation
-€61,051
Other operating charges
-€18,548
Financial income
-€113,186
Financial charges
+€2,413
Taxes
+€62,634
Result 2025
€99,061
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
+€721,440
Investment
-€654,811
Financing
+€2,191
Cash 2024
€263,525
From operations (derived)
+€721,440
Net result for the year
+€99,061
Depreciation
+€439,402
Receivables within one year
-€78,690
Trade debts
+€290,551
Tax, wage and social debts
-€25,419
Other debts
-€3,464
Investment (derived)
-€654,811
Investment in fixed assets (net)
-€654,811
Financing
+€2,191
Debts after one year
+€78,708
Current portion of long-term debt
+€21,750
Contributions, distributions and other
-€98,267
Cash 2025
€332,345
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,431,730 | €2,794,650 | +€362,920 | +14.9% |
| Fixed assets | 21/28 | €1,459,380 | €1,674,789 | +€215,409 | +14.8% |
| Intangible fixed assets | 21 | €6,128 | €3,956 | -€2,171 | -35.4% |
| Tangible fixed assets | 22/27 | €1,421,144 | €1,638,848 | +€217,704 | +15.3% |
| Plant, machinery and equipment | 23 | €994,678 | €780,141 | -€214,537 | -21.6% |
| Furniture and vehicles | 24 | €260,801 | €601,785 | +€340,985 | +131% |
| Leasing and similar rights | 25 | €165,666 | €256,922 | +€91,256 | +55.1% |
| Financial fixed assets | 28 | €32,108 | €31,984 | -€124 | -0.4% |
| Current assets | 29/58 | €972,350 | €1,119,861 | +€147,511 | +15.2% |
| Amounts receivable within one year | 40/41 | €708,825 | €787,516 | +€78,690 | +11.1% |
| Trade receivables | 40 | €597,799 | €583,216 | -€14,583 | -2.4% |
| Other amounts receivable | 41 | €111,026 | €204,300 | +€93,274 | +84.0% |
| Cash at bank and in hand | 54/58 | €263,525 | €332,345 | +€68,820 | +26.1% |
| Total equity and liabilities | 10/49 | €2,431,730 | €2,794,650 | +€362,920 | +14.9% |
| Equity | 10/15 | €715,952 | €716,745 | +€794 | +0.1% |
| Contributions | 10/11 | €8,107 | €8,107 | = | 0.0% |
| Reserves | 13 | €344,985 | €344,918 | -€67 | 0.0% |
| Non-distributable reserves | 130/1 | €5,918 | €5,918 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,918 | €5,918 | = | 0.0% |
| Distributable reserves | 133 | €339,067 | €339,000 | -€67 | 0.0% |
| Profit (loss) carried forward | 14 | €362,860 | €363,721 | +€861 | +0.2% |
| Amounts payable | 17/49 | €1,715,779 | €2,077,904 | +€362,126 | +21.1% |
| Amounts payable after more than one year | 17 | €706,095 | €784,803 | +€78,708 | +11.1% |
| Financial debts | 170/4 | €706,095 | €784,803 | +€78,708 | +11.1% |
| Amounts payable within one year | 42/48 | €1,009,683 | €1,293,101 | +€283,418 | +28.1% |
| Current portion of amounts payable after more than one year | 42 | €450,404 | €472,154 | +€21,750 | +4.8% |
| Trade debts | 44 | €223,906 | €514,457 | +€290,551 | +130% |
| Suppliers | 440/4 | €223,906 | €514,457 | +€290,551 | +130% |
| Taxes, remuneration and social security | 45 | €80,356 | €54,937 | -€25,419 | -31.6% |
| Taxes | 450/3 | €55,512 | €17,091 | -€38,421 | -69.2% |
| Remuneration and social security | 454/9 | €24,844 | €37,846 | +€13,002 | +52.3% |
| Other amounts payable | 47/48 | €255,017 | €251,553 | -€3,464 | -1.4% |
| Remuneration, social security and pensions | 62 | €862,079 | €897,849 | +€35,770 | +4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €378,351 | €439,402 | +€61,051 | +16.1% |
| Other operating charges | 640/8 | €21,886 | €40,435 | +€18,548 | +84.7% |
| Gross operating margin | 9900 | €1,557,297 | €1,535,514 | -€21,783 | -1.4% |
| Operating profit (loss) | 9901 | €294,980 | €157,828 | -€137,153 | -46.5% |
| Financial income | 75/76B | €114,458 | €1,272 | -€113,186 | -98.9% |
| Recurring financial income | 75 | €114,458 | €1,272 | -€113,186 | -98.9% |
| Financial charges | 65/66B | €43,419 | €41,006 | -€2,413 | -5.6% |
| Recurring financial charges | 65 | €43,419 | €41,006 | -€2,413 | -5.6% |
| Profit (loss) for the period before taxes | 9903 | €366,020 | €118,094 | -€247,926 | -67.7% |
| Income taxes | 67/77 | €81,668 | €19,034 | -€62,634 | -76.7% |
| Profit (loss) for the period | 9904 | €284,352 | €99,061 | -€185,292 | -65.2% |
| Profit (loss) for the period to be appropriated | 9905 | €284,352 | €99,061 | -€185,292 | -65.2% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
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 5 November 2026 via checked.be.