GEERLA: what changed
Two fiscal 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.
GEERLA
Largest movements
- Current investments +€54,662
up €54,662 (+54.7%), from €100,000 to €154,662
- Cash -€16,765
down €16,765 (-16.0%), from €104,803 to €88,038
mainly Current investments (-€54,662) and Contributions, distributions and other (-€42,397)
- Other debts +€39,402
up €39,402 (+4502.2%), from €875 to €40,277
- Financial income +€6,661
new in 2025: €6,661
- Gross operating margin -€3,547
down €3,547 (-5.7%), from €61,789 to €58,242
- Taxes +€1,026
up €1,026 (+6.0%), from €17,166 to €18,192
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.
Cash bridge derived
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 | €830,137 | €867,773 | +€37,636 | +4.5% |
| Fixed assets | 21/28 | €625,000 | €625,000 | = | 0.0% |
| Tangible fixed assets | 22/27 | €625,000 | €625,000 | = | 0.0% |
| Land and buildings | 22 | €625,000 | €625,000 | = | 0.0% |
| Current assets | 29/58 | €205,137 | €242,773 | +€37,636 | +18.3% |
| Amounts receivable within one year | 40/41 | €334 | €74 | -€260 | -77.9% |
| Trade receivables | 40 | €334 | €74 | -€260 | -77.9% |
| Current investments | 50/53 | €100,000 | €154,662 | +€54,662 | +54.7% |
| Cash at bank and in hand | 54/58 | €104,803 | €88,038 | -€16,765 | -16.0% |
| Total equity and liabilities | 10/49 | €830,137 | €867,773 | +€37,636 | +4.5% |
| Equity | 10/15 | €826,096 | €822,137 | -€3,959 | -0.5% |
| Contributions | 10/11 | €41,497 | €41,497 | = | 0.0% |
| Reserves | 13 | €784,598 | €780,639 | -€3,959 | -0.5% |
| Tax-exempt reserves | 132 | €22,054 | €22,054 | = | 0.0% |
| Distributable reserves | 133 | €762,544 | €758,585 | -€3,959 | -0.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €4,041 | €45,637 | +€41,595 | +1029.2% |
| Amounts payable within one year | 42/48 | €4,041 | €45,637 | +€41,595 | +1029.2% |
| Taxes, remuneration and social security | 45 | €3,166 | €5,360 | +€2,194 | +69.3% |
| Taxes | 450/3 | €3,166 | €5,360 | +€2,194 | +69.3% |
| Other amounts payable | 47/48 | €875 | €40,277 | +€39,402 | +4502.2% |
| Other operating charges | 640/8 | €8,045 | €8,227 | +€182 | +2.3% |
| Gross operating margin | 9900 | €61,789 | €58,242 | -€3,547 | -5.7% |
| Operating profit (loss) | 9901 | €53,744 | €50,015 | -€3,729 | -6.9% |
| Financial income | 75/76B | - | €6,661 | +€6,661 | |
| Recurring financial income | 75 | - | €6,661 | +€6,661 | |
| Financial charges | 65/66B | €45 | €46 | +€1 | +2.0% |
| Recurring financial charges | 65 | €45 | €46 | +€1 | +2.0% |
| Profit (loss) for the period before taxes | 9903 | €53,699 | €56,630 | +€2,931 | +5.5% |
| Income taxes | 67/77 | €17,166 | €18,192 | +€1,026 | +6.0% |
| Profit (loss) for the period | 9904 | €36,533 | €38,438 | +€1,905 | +5.2% |
| Profit (loss) for the period to be appropriated | 9905 | €36,533 | €38,438 | +€1,905 | +5.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.