GEERBEN & CO: 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.
GEERBEN & CO
Largest movements
- Receivables within one year +€12,024
up €12,024 (+18.6%), from €64,546 to €76,570
of which Trade receivables: +€13,000
- Tangible fixed assets -€8,791
down €8,791 (-2.8%), from €314,342 to €305,551
of which Assets under construction and advance payments: -€5,082
- Cash +€7,422
up €7,422 (+171%), from €4,343 to €11,765
mainly Depreciation (+€8,791) and Net result for the year (+€5,426)
- Reserves +€5,426
up €5,426 (+45.8%), from €11,846 to €17,272
of which Distributable reserves: +€5,426
- Other debts +€5,217
up €5,217 (+1.3%), from €400,529 to €405,746
- Gross operating margin +€3,515
up €3,515 (+23.0%), from €15,261 to €18,776
- Other operating charges -€2,014
down €2,014 (-44.2%), from €4,557 to €2,544
- Taxes +€1,440
up €1,440 (+269%), from €536 to €1,975
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 | €445,204 | €456,688 | +€11,485 | +2.6% |
| Fixed assets | 21/28 | €376,315 | €367,524 | -€8,791 | -2.3% |
| Tangible fixed assets | 22/27 | €314,342 | €305,551 | -€8,791 | -2.8% |
| Land and buildings | 22 | €296,473 | €292,765 | -€3,709 | -1.3% |
| Assets under construction and advance payments | 27 | €17,869 | €12,786 | -€5,082 | -28.4% |
| Financial fixed assets | 28 | €61,973 | €61,973 | = | 0.0% |
| Current assets | 29/58 | €68,889 | €89,164 | +€20,276 | +29.4% |
| Amounts receivable within one year | 40/41 | €64,546 | €76,570 | +€12,024 | +18.6% |
| Trade receivables | 40 | €0 | €13,000 | +€13,000 | |
| Other amounts receivable | 41 | €64,546 | €63,570 | -€976 | -1.5% |
| Cash at bank and in hand | 54/58 | €4,343 | €11,765 | +€7,422 | +171% |
| Deferred charges and accrued income | 490/1 | €0 | €830 | +€830 | |
| Total equity and liabilities | 10/49 | €445,204 | €456,688 | +€11,485 | +2.6% |
| Equity | 10/15 | €42,833 | €48,259 | +€5,426 | +12.7% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Capital | 10 | €30,987 | €30,987 | = | 0.0% |
| Issued capital | 100 | €30,987 | €30,987 | = | 0.0% |
| Reserves | 13 | €11,846 | €17,272 | +€5,426 | +45.8% |
| Non-distributable reserves | 130/1 | €3,099 | €3,099 | = | 0.0% |
| Legal reserve | 130 | €3,099 | €3,099 | = | 0.0% |
| Distributable reserves | 133 | €8,748 | €14,174 | +€5,426 | +62.0% |
| Amounts payable | 17/49 | €402,371 | €408,429 | +€6,059 | +1.5% |
| Amounts payable within one year | 42/48 | €401,399 | €407,722 | +€6,323 | +1.6% |
| Trade debts | 44 | €334 | - | -€334 | |
| Suppliers | 440/4 | €334 | - | -€334 | |
| Taxes, remuneration and social security | 45 | €536 | €1,975 | +€1,440 | +269% |
| Taxes | 450/3 | €536 | €1,975 | +€1,440 | +269% |
| Other amounts payable | 47/48 | €400,529 | €405,746 | +€5,217 | +1.3% |
| Accrued charges and deferred income | 492/3 | €972 | €708 | -€264 | -27.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,634 | €8,791 | +€156 | +1.8% |
| Other operating charges | 640/8 | €4,557 | €2,544 | -€2,014 | -44.2% |
| Gross operating margin | 9900 | €15,261 | €18,776 | +€3,515 | +23.0% |
| Operating profit (loss) | 9901 | €2,069 | €7,441 | +€5,372 | +260% |
| Financial charges | 65/66B | €104 | €41 | -€64 | -61.1% |
| Recurring financial charges | 65 | €104 | €41 | -€64 | -61.1% |
| Profit (loss) for the period before taxes | 9903 | €1,965 | €7,401 | +€5,436 | +277% |
| Income taxes | 67/77 | €536 | €1,975 | +€1,440 | +269% |
| Profit (loss) for the period | 9904 | €1,430 | €5,426 | +€3,996 | +279% |
| Profit (loss) for the period to be appropriated | 9905 | €1,430 | €5,426 | +€3,996 | +279% |
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 17 October 2026 via checked.be.