Einfinger Geraldine.: 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.
Einfinger Geraldine.
Largest movements
- Cash +€83,786
up €83,786 (+25.5%), from €329,118 to €412,904
mainly Net result for the year (+€93,858) and Depreciation (+€35,000)
- Intangible fixed assets -€35,000
down €35,000 (-33.3%), from €105,000 to €70,000
- Receivables within one year +€14,074
up €14,074 (+53.1%), from €26,497 to €40,571
of which Trade receivables: +€16,195
- Reserves +€55,876
up €55,876 (+18.3%), from €305,067 to €360,943
- Tax, wage and social debts +€5,597
new in 2025: €5,597
- Gross operating margin +€12,639
up €12,639 (+8.2%), from €153,222 to €165,861
- Taxes +€4,738
up €4,738 (+13.7%), from €34,635 to €39,373
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 | €465,704 | €526,553 | +€60,849 | +13.1% |
| Fixed assets | 21/28 | €105,000 | €70,000 | -€35,000 | -33.3% |
| Intangible fixed assets | 21 | €105,000 | €70,000 | -€35,000 | -33.3% |
| Current assets | 29/58 | €360,704 | €456,553 | +€95,849 | +26.6% |
| Amounts receivable within one year | 40/41 | €26,497 | €40,571 | +€14,074 | +53.1% |
| Trade receivables | 40 | €24,376 | €40,571 | +€16,195 | +66.4% |
| Other amounts receivable | 41 | €2,121 | - | -€2,121 | |
| Cash at bank and in hand | 54/58 | €329,118 | €412,904 | +€83,786 | +25.5% |
| Deferred charges and accrued income | 490/1 | €5,089 | €3,078 | -€2,011 | -39.5% |
| Total equity and liabilities | 10/49 | €465,704 | €526,553 | +€60,849 | +13.1% |
| Equity | 10/15 | €323,667 | €379,543 | +€55,876 | +17.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €305,067 | €360,943 | +€55,876 | +18.3% |
| Distributable reserves | 133 | €305,067 | €360,943 | +€55,876 | +18.3% |
| Amounts payable | 17/49 | €142,037 | €147,010 | +€4,973 | +3.5% |
| Amounts payable within one year | 42/48 | €142,037 | €143,923 | +€1,886 | +1.3% |
| Trade debts | 44 | €529 | €1,677 | +€1,148 | +217% |
| Suppliers | 440/4 | €529 | €1,677 | +€1,148 | +217% |
| Taxes, remuneration and social security | 45 | - | €5,597 | +€5,597 | |
| Taxes | 450/3 | - | €5,597 | +€5,597 | |
| Other amounts payable | 47/48 | €141,508 | €136,649 | -€4,859 | -3.4% |
| Accrued charges and deferred income | 492/3 | - | €3,087 | +€3,087 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,007 | €35,000 | -€7 | 0.0% |
| Gross operating margin | 9900 | €153,222 | €165,861 | +€12,639 | +8.2% |
| Operating profit (loss) | 9901 | €118,215 | €130,861 | +€12,646 | +10.7% |
| Financial income | 75/76B | €2,219 | €2,545 | +€326 | +14.7% |
| Recurring financial income | 75 | €2,219 | €2,545 | +€326 | +14.7% |
| Financial charges | 65/66B | €534 | €175 | -€359 | -67.2% |
| Recurring financial charges | 65 | €534 | €175 | -€359 | -67.2% |
| Profit (loss) for the period before taxes | 9903 | €119,900 | €133,231 | +€13,331 | +11.1% |
| Income taxes | 67/77 | €34,635 | €39,373 | +€4,738 | +13.7% |
| Profit (loss) for the period | 9904 | €85,265 | €93,858 | +€8,593 | +10.1% |
| Profit (loss) for the period to be appropriated | 9905 | €85,265 | €93,858 | +€8,593 | +10.1% |
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 23 October 2026 via checked.be.