GEEROLF TECHNICS: 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 TECHNICS
Largest movements
- Cash +€21,010
up €21,010 (+82.6%), from €25,443 to €46,453
mainly Depreciation (+€20,967) and Receivables within one year (+€20,921)
- Receivables within one year -€20,921
down €20,921 (-63.3%), from €33,052 to €12,131
of which Trade receivables: -€25,692
- Tangible fixed assets -€4,088
down €4,088 (-6.7%), from €60,846 to €56,758
of which Furniture and vehicles: -€16,157
- Advances received -€13,518
down €13,518 (-100%), from €13,518 to €0
- Other debts +€7,522
up €7,522 (+60.6%), from €12,404 to €19,926
- Profit (loss) carried forward -€5,546
down €5,546, from €4,395 to -€1,151
- Tax, wage and social debts +€4,302
up €4,302 (+39.5%), from €10,903 to €15,205
of which Taxes: +€4,193
- Current portion of long-term debt +€1,642
up €1,642 (+10.3%), from €16,013 to €17,655
- Gross operating margin -€8,630
down €8,630 (-31.5%), from €27,392 to €18,763
- Depreciation +€759
up €759 (+3.8%), from €20,208 to €20,967
- Other operating charges +€479
up €479 (+60.6%), from €791 to €1,270
- Taxes -€475
down €475 (-75.3%), from €631 to €156
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 | €119,341 | €115,342 | -€3,999 | -3.4% |
| Fixed assets | 21/28 | €60,846 | €56,758 | -€4,088 | -6.7% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €60,846 | €56,758 | -€4,088 | -6.7% |
| Land and buildings | 22 | €4,075 | €15,336 | +€11,260 | +276% |
| Plant, machinery and equipment | 23 | €821 | €1,630 | +€809 | +98.5% |
| Furniture and vehicles | 24 | €55,950 | €39,793 | -€16,157 | -28.9% |
| Current assets | 29/58 | €58,495 | €58,584 | +€89 | +0.2% |
| Amounts receivable within one year | 40/41 | €33,052 | €12,131 | -€20,921 | -63.3% |
| Trade receivables | 40 | €28,655 | €2,964 | -€25,692 | -89.7% |
| Other amounts receivable | 41 | €4,397 | €9,167 | +€4,771 | +109% |
| Cash at bank and in hand | 54/58 | €25,443 | €46,453 | +€21,010 | +82.6% |
| Total equity and liabilities | 10/49 | €119,341 | €115,342 | -€3,999 | -3.4% |
| Equity | 10/15 | €29,805 | €24,259 | -€5,546 | -18.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €13,011 | €13,011 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | - | -€1,855 | |
| Other | 1319 | - | €1,855 | +€1,855 | |
| Distributable reserves | 133 | €11,156 | €11,156 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,395 | -€1,151 | -€5,546 | |
| Amounts payable | 17/49 | €89,536 | €91,083 | +€1,547 | +1.7% |
| Amounts payable after more than one year | 17 | €33,644 | €33,833 | +€189 | +0.6% |
| Financial debts | 170/4 | €33,644 | €33,833 | +€189 | +0.6% |
| Amounts payable within one year | 42/48 | €55,892 | €57,249 | +€1,357 | +2.4% |
| Current portion of amounts payable after more than one year | 42 | €16,013 | €17,655 | +€1,642 | +10.3% |
| Trade debts | 44 | €3,055 | €4,463 | +€1,408 | +46.1% |
| Suppliers | 440/4 | €3,055 | €4,463 | +€1,408 | +46.1% |
| Advances received on contracts in progress | 46 | €13,518 | €0 | -€13,518 | -100% |
| Taxes, remuneration and social security | 45 | €10,903 | €15,205 | +€4,302 | +39.5% |
| Taxes | 450/3 | €8,188 | €12,381 | +€4,193 | +51.2% |
| Remuneration and social security | 454/9 | €2,715 | €2,824 | +€110 | +4.0% |
| Other amounts payable | 47/48 | €12,404 | €19,926 | +€7,522 | +60.6% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,208 | €20,967 | +€759 | +3.8% |
| Other operating charges | 640/8 | €791 | €1,270 | +€479 | +60.6% |
| Gross operating margin | 9900 | €27,392 | €18,763 | -€8,630 | -31.5% |
| Operating profit (loss) | 9901 | €6,393 | -€3,474 | -€9,868 | |
| Financial income | 75/76B | €42 | €170 | +€128 | +307% |
| Recurring financial income | 75 | €42 | €170 | +€128 | +307% |
| Financial charges | 65/66B | €2,136 | €2,086 | -€50 | -2.4% |
| Recurring financial charges | 65 | €2,136 | €2,086 | -€50 | -2.4% |
| Profit (loss) for the period before taxes | 9903 | €4,299 | -€5,390 | -€9,689 | |
| Income taxes | 67/77 | €631 | €156 | -€475 | -75.3% |
| Profit (loss) for the period | 9904 | €3,668 | -€5,546 | -€9,214 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,668 | -€5,546 | -€9,214 |
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 15 October 2026 via checked.be.