GEEROLF-DESIGN: 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.
GEEROLF-DESIGN
Largest movements
- Receivables within one year +€32,276
up €32,276 (+301%), from €10,728 to €43,004
of which Trade receivables: +€33,141
- Tangible fixed assets +€8,751
new in 2025: €8,751
of which Furniture and vehicles: +€8,125
- Cash -€661
down €661 (-8.0%), from €8,263 to €7,602
mainly Debts after one year (-€73,774) and Receivables within one year (-€32,276)
- Contributions +€75,000
up €75,000 (+403%), from €18,600 to €93,600
- Debts after one year -€73,774
down €73,774 (-87.3%), from €84,492 to €10,717
- Trade debts +€25,949
up €25,949 (+620%), from €4,187 to €30,136
- Profit (loss) carried forward +€8,285
up €8,285 (+9.6%), from -€85,886 to -€77,601
- Tax, wage and social debts +€4,982
up €4,982 (+1,026%), from €486 to €5,468
- Gross operating margin +€27,314
up €27,314, from -€11,443 to €15,871
- Financial charges +€3,344
up €3,344 (+1,254%), from €267 to €3,610
- Depreciation +€2,749
up €2,749, from €0 to €2,749
- Other operating charges +€356
up €356 (+48.0%), from €743 to €1,100
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 | €21,878 | €62,325 | +€40,448 | +185% |
| Fixed assets | 21/28 | - | €8,751 | +€8,751 | |
| Tangible fixed assets | 22/27 | - | €8,751 | +€8,751 | |
| Plant, machinery and equipment | 23 | - | €625 | +€625 | |
| Furniture and vehicles | 24 | - | €8,125 | +€8,125 | |
| Current assets | 29/58 | €21,878 | €53,575 | +€31,697 | +145% |
| Amounts receivable within one year | 40/41 | €10,728 | €43,004 | +€32,276 | +301% |
| Trade receivables | 40 | €9,863 | €43,004 | +€33,141 | +336% |
| Other amounts receivable | 41 | €865 | €0 | -€865 | -100% |
| Cash at bank and in hand | 54/58 | €8,263 | €7,602 | -€661 | -8.0% |
| Deferred charges and accrued income | 490/1 | €2,887 | €2,969 | +€81 | +2.8% |
| Total equity and liabilities | 10/49 | €21,878 | €62,325 | +€40,448 | +185% |
| Equity | 10/15 | -€67,286 | €15,999 | +€83,285 | |
| Contributions | 10/11 | €18,600 | €93,600 | +€75,000 | +403% |
| Reserves | 13 | €0 | - | = | |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€85,886 | -€77,601 | +€8,285 | +9.6% |
| Amounts payable | 17/49 | €89,164 | €46,327 | -€42,837 | -48.0% |
| Amounts payable after more than one year | 17 | €84,492 | €10,717 | -€73,774 | -87.3% |
| Other amounts payable | 178/9 | €84,492 | €10,717 | -€73,774 | -87.3% |
| Amounts payable within one year | 42/48 | €4,672 | €35,603 | +€30,931 | +662% |
| Trade debts | 44 | €4,187 | €30,136 | +€25,949 | +620% |
| Suppliers | 440/4 | €4,187 | €30,136 | +€25,949 | +620% |
| Taxes, remuneration and social security | 45 | €486 | €5,468 | +€4,982 | +1,026% |
| Taxes | 450/3 | €486 | €5,468 | +€4,982 | +1,026% |
| Accrued charges and deferred income | 492/3 | €0 | €6 | +€6 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | €2,749 | +€2,749 | |
| Other operating charges | 640/8 | €743 | €1,100 | +€356 | +48.0% |
| Gross operating margin | 9900 | -€11,443 | €15,871 | +€27,314 | |
| Operating profit (loss) | 9901 | -€12,186 | €12,022 | +€24,208 | |
| Financial income | 75/76B | €20 | €25 | +€5 | +25.2% |
| Recurring financial income | 75 | €20 | €25 | +€5 | +25.2% |
| Financial charges | 65/66B | €267 | €3,610 | +€3,344 | +1,254% |
| Recurring financial charges | 65 | €267 | €3,610 | +€3,344 | +1,254% |
| Profit (loss) for the period before taxes | 9903 | -€12,432 | €8,437 | +€20,869 | |
| Income taxes | 67/77 | €187 | €152 | -€35 | -18.7% |
| Profit (loss) for the period | 9904 | -€12,619 | €8,285 | +€20,904 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,619 | €8,285 | +€20,904 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.