GEEROMS: 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.
GEEROMS
Largest movements
- Current investments +€50,000
up €50,000 (+100%), from €50,000 to €100,000
- Cash -€22,216
down €22,216 (-33.3%), from €66,711 to €44,495
mainly Contributions, distributions and other (-€60,000) and Current investments (-€50,000)
- Deferred charges and accrued income +€13,305
up €13,305 (+49,370%), from €27 to €13,332
- Receivables within one year -€3,125
down €3,125 (-2.5%), from €123,662 to €120,537
of which Trade receivables: -€4,264
- Accrued charges and deferred income +€29,588
new in 2025: €29,588
- Trade debts +€16,153
up €16,153 (+544%), from €2,968 to €19,121
- Other debts -€15,000
down €15,000 (-19.1%), from €78,495 to €63,495
- Reserves +€3,994
up €3,994 (+5.1%), from €78,143 to €82,137
of which Distributable reserves: +€3,994
- Write-downs +€59,862
new in 2025: €59,862
- Taxes -€14,083
down €14,083 (-39.7%), from €35,471 to €21,388
- Gross operating margin +€9,291
up €9,291 (+6.8%), from €136,865 to €146,155
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 | €242,346 | €278,364 | +€36,018 | +14.9% |
| Fixed assets | 21/28 | €1,946 | - | -€1,946 | |
| Tangible fixed assets | 22/27 | €1,946 | - | -€1,946 | |
| Plant, machinery and equipment | 23 | €1,757 | - | -€1,757 | |
| Furniture and vehicles | 24 | €190 | - | -€190 | |
| Current assets | 29/58 | €240,400 | €278,364 | +€37,964 | +15.8% |
| Amounts receivable within one year | 40/41 | €123,662 | €120,537 | -€3,125 | -2.5% |
| Trade receivables | 40 | €123,662 | €119,398 | -€4,264 | -3.4% |
| Other amounts receivable | 41 | - | €1,139 | +€1,139 | |
| Current investments | 50/53 | €50,000 | €100,000 | +€50,000 | +100% |
| Cash at bank and in hand | 54/58 | €66,711 | €44,495 | -€22,216 | -33.3% |
| Deferred charges and accrued income | 490/1 | €27 | €13,332 | +€13,305 | +49,370% |
| Total equity and liabilities | 10/49 | €242,346 | €278,364 | +€36,018 | +14.9% |
| Equity | 10/15 | €153,143 | €157,137 | +€3,994 | +2.6% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €78,143 | €82,137 | +€3,994 | +5.1% |
| Non-distributable reserves | 130/1 | €7,500 | €7,500 | = | 0.0% |
| Legal reserve | 130 | €7,500 | €7,500 | = | 0.0% |
| Distributable reserves | 133 | €70,643 | €74,637 | +€3,994 | +5.7% |
| Amounts payable | 17/49 | €89,203 | €121,227 | +€32,023 | +35.9% |
| Amounts payable within one year | 42/48 | €89,203 | €91,639 | +€2,435 | +2.7% |
| Trade debts | 44 | €2,968 | €19,121 | +€16,153 | +544% |
| Suppliers | 440/4 | €2,968 | €19,121 | +€16,153 | +544% |
| Taxes, remuneration and social security | 45 | €7,740 | €9,022 | +€1,282 | +16.6% |
| Taxes | 450/3 | €7,740 | €9,022 | +€1,282 | +16.6% |
| Other amounts payable | 47/48 | €78,495 | €63,495 | -€15,000 | -19.1% |
| Accrued charges and deferred income | 492/3 | - | €29,588 | +€29,588 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,051 | €1,946 | -€1,105 | -36.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €59,862 | +€59,862 | |
| Other operating charges | 640/8 | €637 | €650 | +€12 | +1.9% |
| Gross operating margin | 9900 | €136,865 | €146,155 | +€9,291 | +6.8% |
| Operating profit (loss) | 9901 | €133,176 | €83,697 | -€49,480 | -37.2% |
| Financial income | 75/76B | €446 | €1,756 | +€1,309 | +293% |
| Recurring financial income | 75 | €446 | €1,756 | +€1,309 | +293% |
| Financial charges | 65/66B | €70 | €70 | +€1 | +1.3% |
| Recurring financial charges | 65 | €70 | €70 | +€1 | +1.3% |
| Profit (loss) for the period before taxes | 9903 | €133,553 | €85,382 | -€48,171 | -36.1% |
| Income taxes | 67/77 | €35,471 | €21,388 | -€14,083 | -39.7% |
| Profit (loss) for the period | 9904 | €98,082 | €63,994 | -€34,088 | -34.8% |
| Profit (loss) for the period to be appropriated | 9905 | €98,082 | €63,994 | -€34,088 | -34.8% |
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 18 October 2026 via checked.be.