GEERITS HOLDING: what changed
What changed
GEERITS HOLDING
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
€170,317
2024 · €67,173+€103,144
Equity
€4.1m
2024 · €3.9m+€170,317
Cash
€77,314
2024 · €49,478+€27,837
Balance sheet total
€4.5m
2024 · €4.3m+€152,338
Largest movements
Assets
- Receivables within one year +€141,820
up €141,820 (+26.7%), from €531,934 to €673,754
of which Other amounts receivable: +€133,942
Equity and liabilities
- Reserves +€170,317
up €170,317 (+4.4%), from €3.9m to €4.0m
of which Distributable reserves: +€170,317
Income statement
- Gross operating margin +€102,399
up €102,399 (+252%), from €40,620 to €143,018
- Financial income +€18,421
up €18,421 (+65.8%), from €27,975 to €46,396
of which Non-recurring financial income: +€19,186
- Taxes +€17,032
new in 2025: €17,032
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
€67,173
Gross operating margin
+€102,399
Other operating charges
-€587
Financial income
+€18,421
Financial charges
-€56
Taxes
-€17,032
Result 2025
€170,317
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
+€10,518
Investment
+€17,319
Financing
€0
Cash 2024
€49,478
From operations (derived)
+€10,518
Net result for the year
+€170,317
Receivables within one year
-€141,820
Trade debts
-€1,640
Tax, wage and social debts
+€17,939
Other debts
-€34,278
Investment (derived)
+€17,319
Current investments
+€17,319
Cash 2025
€77,314
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,349,231 | €4,501,569 | +€152,338 | +3.5% |
| Fixed assets | 21/28 | €1,476,500 | €1,476,500 | = | 0.0% |
| Financial fixed assets | 28 | €1,476,500 | €1,476,500 | = | 0.0% |
| Current assets | 29/58 | €2,872,731 | €3,025,069 | +€152,338 | +5.3% |
| Amounts receivable after more than one year | 29 | €2,014,000 | €2,014,000 | = | 0.0% |
| Other amounts receivable | 291 | €2,014,000 | €2,014,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €531,934 | €673,754 | +€141,820 | +26.7% |
| Trade receivables | 40 | €8,949 | €16,827 | +€7,879 | +88.0% |
| Other amounts receivable | 41 | €522,985 | €656,927 | +€133,942 | +25.6% |
| Current investments | 50/53 | €277,319 | €260,000 | -€17,319 | -6.2% |
| Cash at bank and in hand | 54/58 | €49,478 | €77,314 | +€27,837 | +56.3% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €4,349,231 | €4,501,569 | +€152,338 | +3.5% |
| Equity | 10/15 | €3,934,195 | €4,104,512 | +€170,317 | +4.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €3,872,195 | €4,042,512 | +€170,317 | +4.4% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €3,865,995 | €4,036,312 | +€170,317 | +4.4% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €415,036 | €397,057 | -€17,979 | -4.3% |
| Amounts payable within one year | 42/48 | €415,036 | €397,057 | -€17,979 | -4.3% |
| Trade debts | 44 | €1,985 | €345 | -€1,640 | -82.6% |
| Suppliers | 440/4 | €1,985 | €345 | -€1,640 | -82.6% |
| Taxes, remuneration and social security | 45 | €0 | €17,939 | +€17,939 | |
| Taxes | 450/3 | €0 | €17,939 | +€17,939 | |
| Other amounts payable | 47/48 | €413,051 | €378,773 | -€34,278 | -8.3% |
| Other operating charges | 640/8 | €1,107 | €1,695 | +€587 | +53.0% |
| Gross operating margin | 9900 | €40,620 | €143,018 | +€102,399 | +252% |
| Operating profit (loss) | 9901 | €39,512 | €141,324 | +€101,811 | +258% |
| Financial income | 75/76B | €27,975 | €46,396 | +€18,421 | +65.8% |
| Recurring financial income | 75 | €15,370 | €14,605 | -€765 | -5.0% |
| Non-recurring financial income | 76B | €12,605 | €31,791 | +€19,186 | +152% |
| Financial charges | 65/66B | €315 | €371 | +€56 | +17.8% |
| Recurring financial charges | 65 | €315 | €52 | -€263 | -83.5% |
| Non-recurring financial charges | 66B | €0 | €319 | +€319 | |
| Profit (loss) for the period before taxes | 9903 | €67,173 | €187,349 | +€120,176 | +179% |
| Income taxes | 67/77 | - | €17,032 | +€17,032 | |
| Profit (loss) for the period | 9904 | €67,173 | €170,317 | +€103,144 | +154% |
| Profit (loss) for the period to be appropriated | 9905 | €67,173 | €170,317 | +€103,144 | +154% |
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 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.