GEEROTRANS: 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.
GEEROTRANS
Largest movements
- Tangible fixed assets -€15,778
down €15,778 (-25.4%), from €62,093 to €46,315
of which Furniture and vehicles: -€14,172
- Receivables within one year -€13,184
down €13,184 (-39.4%), from €33,459 to €20,275
of which Trade receivables: -€12,988
- Cash +€4,476
up €4,476 (+66.2%), from €6,764 to €11,240
mainly Depreciation (+€16,558) and Receivables within one year (+€13,184)
- Deferred charges and accrued income +€1,286
up €1,286 (+24.3%), from €5,287 to €6,573
- Debts after one year -€10,984
down €10,984 (-30.0%), from €36,566 to €25,582
- Other debts -€8,836
down €8,836 (-14.0%), from €63,249 to €54,413
- Tax, wage and social debts -€3,768
down €3,768 (-61.1%), from €6,166 to €2,398
- Trade debts +€2,125
up €2,125 (+30.3%), from €7,003 to €9,128
- Short-term financial debts -€1,797
no longer reported in 2025 (was €1,797)
- Gross operating margin -€14,346
down €14,346 (-27.9%), from €51,386 to €37,041
- Taxes -€3,113
down €3,113 (-85.5%), from €3,641 to €529
- Financial charges -€2,155
down €2,155 (-35.2%), from €6,122 to €3,967
- Depreciation +€988
up €988 (+6.3%), from €15,570 to €16,558
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 | €115,338 | €92,138 | -€23,200 | -20.1% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €69,828 | €54,050 | -€15,778 | -22.6% |
| Tangible fixed assets | 22/27 | €62,093 | €46,315 | -€15,778 | -25.4% |
| Land and buildings | 22 | €2,485 | €1,585 | -€901 | -36.2% |
| Plant, machinery and equipment | 23 | €1,916 | €1,210 | -€706 | -36.8% |
| Furniture and vehicles | 24 | €57,691 | €43,520 | -€14,172 | -24.6% |
| Financial fixed assets | 28 | €7,735 | €7,735 | = | 0.0% |
| Current assets | 29/58 | €45,510 | €38,088 | -€7,421 | -16.3% |
| Amounts receivable within one year | 40/41 | €33,459 | €20,275 | -€13,184 | -39.4% |
| Trade receivables | 40 | €33,215 | €20,227 | -€12,988 | -39.1% |
| Other amounts receivable | 41 | €243 | €48 | -€196 | -80.5% |
| Cash at bank and in hand | 54/58 | €6,764 | €11,240 | +€4,476 | +66.2% |
| Deferred charges and accrued income | 490/1 | €5,287 | €6,573 | +€1,286 | +24.3% |
| Total equity and liabilities | 10/49 | €115,338 | €92,138 | -€23,200 | -20.1% |
| Equity | 10/15 | -€9,666 | -€9,606 | +€60 | +0.6% |
| Contributions | 10/11 | €28,000 | €28,000 | = | 0.0% |
| Reserves | 13 | €9,939 | €9,939 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,722 | €1,722 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,722 | €1,722 | = | 0.0% |
| Tax-exempt reserves | 132 | €6,544 | €6,544 | = | 0.0% |
| Distributable reserves | 133 | €1,672 | €1,672 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€47,604 | -€47,544 | +€60 | +0.1% |
| Amounts payable | 17/49 | €125,003 | €101,744 | -€23,259 | -18.6% |
| Amounts payable after more than one year | 17 | €36,566 | €25,582 | -€10,984 | -30.0% |
| Financial debts | 170/4 | €36,566 | €25,582 | -€10,984 | -30.0% |
| Amounts payable within one year | 42/48 | €88,437 | €76,162 | -€12,275 | -13.9% |
| Current portion of amounts payable after more than one year | 42 | €10,222 | €10,222 | = | 0.0% |
| Financial debts | 43 | €1,797 | - | -€1,797 | |
| Credit institutions | 430/8 | €1,797 | - | -€1,797 | |
| Trade debts | 44 | €7,003 | €9,128 | +€2,125 | +30.3% |
| Suppliers | 440/4 | €7,003 | €9,128 | +€2,125 | +30.3% |
| Taxes, remuneration and social security | 45 | €6,166 | €2,398 | -€3,768 | -61.1% |
| Taxes | 450/3 | €6,166 | €2,398 | -€3,768 | -61.1% |
| Other amounts payable | 47/48 | €63,249 | €54,413 | -€8,836 | -14.0% |
| Non-recurring operating income | 76A | €103 | €3,237 | +€3,135 | +3,050% |
| Remuneration, social security and pensions | 62 | €992 | €1,168 | +€176 | +17.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,570 | €16,558 | +€988 | +6.3% |
| Other operating charges | 640/8 | €14,885 | €14,759 | -€126 | -0.8% |
| Non-recurring operating charges | 66A | €143 | - | -€143 | |
| Gross operating margin | 9900 | €51,386 | €37,041 | -€14,346 | -27.9% |
| Operating profit (loss) | 9901 | €19,796 | €4,555 | -€15,241 | -77.0% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €6,122 | €3,967 | -€2,155 | -35.2% |
| Recurring financial charges | 65 | €6,122 | €3,967 | -€2,155 | -35.2% |
| Profit (loss) for the period before taxes | 9903 | €13,674 | €588 | -€13,086 | -95.7% |
| Income taxes | 67/77 | €3,641 | €529 | -€3,113 | -85.5% |
| Profit (loss) for the period | 9904 | €10,033 | €60 | -€9,973 | -99.4% |
| Profit (loss) for the period to be appropriated | 9905 | €10,033 | €60 | -€9,973 | -99.4% |
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 15 October 2026 via checked.be.