GEPROMA: 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.
GEPROMA
Largest movements
- Current investments -€138,967
down €138,967 (-34.2%), from €406,048 to €267,082
- Tangible fixed assets -€60,931
down €60,931 (-3.1%), from €2.0m to €1.9m
of which Land and buildings: -€58,592
- Receivables within one year +€40,405
up €40,405 (+29.3%), from €138,025 to €178,430
of which Other amounts receivable: +€39,930
- Cash +€35,042
up €35,042 (+176.4%), from €19,866 to €54,908
mainly Current investments (+€138,967) and Depreciation (+€84,674)
- Debts after one year -€109,579
down €109,579 (-12.5%), from €875,472 to €765,893
- Gross operating margin +€30,782
up €30,782 (+19.1%), from €160,781 to €191,563
- Depreciation +€7,242
up €7,242 (+9.4%), from €77,432 to €84,674
- Other operating charges -€7,111
down €7,111 (-15.3%), from €46,476 to €39,364
- Financial charges -€6,741
down €6,741 (-32.4%), from €20,791 to €14,050
- Financial income -€6,496
down €6,496 (-45.5%), from €14,270 to €7,773
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 | €2,724,526 | €2,599,104 | -€125,422 | -4.6% |
| Fixed assets | 21/28 | €2,145,977 | €2,085,046 | -€60,931 | -2.8% |
| Tangible fixed assets | 22/27 | €1,951,738 | €1,890,807 | -€60,931 | -3.1% |
| Land and buildings | 22 | €1,867,379 | €1,808,787 | -€58,592 | -3.1% |
| Plant, machinery and equipment | 23 | €1,400 | €920 | -€480 | -34.3% |
| Furniture and vehicles | 24 | €80,304 | €62,607 | -€17,697 | -22.0% |
| Other tangible fixed assets | 26 | €2,655 | €18,492 | +€15,838 | +596.6% |
| Financial fixed assets | 28 | €194,239 | €194,239 | = | 0.0% |
| Current assets | 29/58 | €578,549 | €514,058 | -€64,491 | -11.1% |
| Amounts receivable within one year | 40/41 | €138,025 | €178,430 | +€40,405 | +29.3% |
| Trade receivables | 40 | €916 | €1,391 | +€475 | +51.8% |
| Other amounts receivable | 41 | €137,109 | €177,039 | +€39,930 | +29.1% |
| Current investments | 50/53 | €406,048 | €267,082 | -€138,967 | -34.2% |
| Cash at bank and in hand | 54/58 | €19,866 | €54,908 | +€35,042 | +176.4% |
| Deferred charges and accrued income | 490/1 | €14,610 | €13,639 | -€971 | -6.6% |
| Total equity and liabilities | 10/49 | €2,724,526 | €2,599,104 | -€125,422 | -4.6% |
| Equity | 10/15 | €1,319,707 | €1,334,426 | +€14,719 | +1.1% |
| Contributions | 10/11 | €62,605 | €62,605 | = | 0.0% |
| Capital | 10 | €62,605 | €62,605 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Uncalled capital | 101 | €12,395 | €12,395 | = | 0.0% |
| Reserves | 13 | €45,000 | €45,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,500 | €7,500 | = | 0.0% |
| Legal reserve | 130 | €7,500 | €7,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €37,500 | €37,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,212,102 | €1,226,821 | +€14,719 | +1.2% |
| Amounts payable | 17/49 | €1,404,819 | €1,264,678 | -€140,141 | -10.0% |
| Amounts payable after more than one year | 17 | €875,472 | €765,893 | -€109,579 | -12.5% |
| Financial debts | 170/4 | €875,472 | €765,893 | -€109,579 | -12.5% |
| Amounts payable within one year | 42/48 | €523,387 | €488,073 | -€35,314 | -6.7% |
| Current portion of amounts payable after more than one year | 42 | €131,619 | €109,579 | -€22,040 | -16.7% |
| Trade debts | 44 | €23,963 | €17,028 | -€6,935 | -28.9% |
| Suppliers | 440/4 | €23,963 | €17,028 | -€6,935 | -28.9% |
| Taxes, remuneration and social security | 45 | €14,837 | €9,242 | -€5,595 | -37.7% |
| Taxes | 450/3 | €9,106 | €2,841 | -€6,265 | -68.8% |
| Remuneration and social security | 454/9 | €5,731 | €6,401 | +€670 | +11.7% |
| Other amounts payable | 47/48 | €352,968 | €352,223 | -€744 | -0.2% |
| Accrued charges and deferred income | 492/3 | €5,960 | €10,712 | +€4,752 | +79.7% |
| Non-recurring operating income | 76A | €6,200 | - | -€6,200 | |
| Remuneration, social security and pensions | 62 | €40,161 | €44,900 | +€4,739 | +11.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €77,432 | €84,674 | +€7,242 | +9.4% |
| Other operating charges | 640/8 | €46,476 | €39,364 | -€7,111 | -15.3% |
| Gross operating margin | 9900 | €160,781 | €191,563 | +€30,782 | +19.1% |
| Operating profit (loss) | 9901 | -€3,287 | €22,624 | +€25,912 | |
| Financial income | 75/76B | €14,270 | €7,773 | -€6,496 | -45.5% |
| Recurring financial income | 75 | €14,270 | €7,773 | -€6,496 | -45.5% |
| Financial charges | 65/66B | €20,791 | €14,050 | -€6,741 | -32.4% |
| Recurring financial charges | 65 | €20,791 | €14,050 | -€6,741 | -32.4% |
| Profit (loss) for the period before taxes | 9903 | -€9,809 | €16,348 | +€26,157 | |
| Income taxes | 67/77 | €1,107 | €1,629 | +€521 | +47.1% |
| Profit (loss) for the period | 9904 | -€10,916 | €14,719 | +€25,635 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,916 | €14,719 | +€25,635 |
Source: filed annual accounts (NBB), financial years ended 31 October 2024 and 31 October 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.