GERA Consulting: 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.
GERA Consulting
Largest movements
- Cash +€37,367
up €37,367 (+116%), from €32,166 to €69,532
mainly Net result for the year (+€37,049) and Depreciation (+€10,975)
- Tangible fixed assets -€10,975
down €10,975 (-43.6%), from €25,159 to €14,184
- Receivables within one year -€2,020
down €2,020 (-17.5%), from €11,519 to €9,499
of which Trade receivables: -€2,033
- Reserves +€37,049
up €37,049 (+118%), from €31,294 to €68,343
- Debts after one year -€9,845
down €9,845 (-79.6%), from €12,368 to €2,524
- Tax, wage and social debts -€1,789
down €1,789 (-15.4%), from €11,622 to €9,833
of which Remuneration and social security: -€2,340
- Gross operating margin +€10,236
up €10,236 (+20.6%), from €49,766 to €60,002
- Depreciation +€3,209
up €3,209 (+41.3%), from €7,766 to €10,975
- Taxes +€1,605
up €1,605 (+19.5%), from €8,238 to €9,844
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 | €69,407 | €93,914 | +€24,507 | +35.3% |
| Fixed assets | 21/28 | €25,159 | €14,184 | -€10,975 | -43.6% |
| Tangible fixed assets | 22/27 | €25,159 | €14,184 | -€10,975 | -43.6% |
| Furniture and vehicles | 24 | €25,159 | €14,184 | -€10,975 | -43.6% |
| Current assets | 29/58 | €44,248 | €79,730 | +€35,482 | +80.2% |
| Amounts receivable within one year | 40/41 | €11,519 | €9,499 | -€2,020 | -17.5% |
| Trade receivables | 40 | €11,519 | €9,486 | -€2,033 | -17.6% |
| Other amounts receivable | 41 | - | €13 | +€13 | |
| Cash at bank and in hand | 54/58 | €32,166 | €69,532 | +€37,367 | +116% |
| Deferred charges and accrued income | 490/1 | €563 | €698 | +€135 | +24.0% |
| Total equity and liabilities | 10/49 | €69,407 | €93,914 | +€24,507 | +35.3% |
| Equity | 10/15 | €34,294 | €71,343 | +€37,049 | +108% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €31,294 | €68,343 | +€37,049 | +118% |
| Distributable reserves | 133 | €31,294 | €68,343 | +€37,049 | +118% |
| Amounts payable | 17/49 | €35,113 | €22,571 | -€12,542 | -35.7% |
| Amounts payable after more than one year | 17 | €12,368 | €2,524 | -€9,845 | -79.6% |
| Financial debts | 170/4 | €12,368 | €2,524 | -€9,845 | -79.6% |
| Amounts payable within one year | 42/48 | €22,745 | €20,048 | -€2,697 | -11.9% |
| Current portion of amounts payable after more than one year | 42 | €9,457 | €9,845 | +€388 | +4.1% |
| Trade debts | 44 | €1,170 | €370 | -€801 | -68.4% |
| Suppliers | 440/4 | €1,170 | €370 | -€801 | -68.4% |
| Taxes, remuneration and social security | 45 | €11,622 | €9,833 | -€1,789 | -15.4% |
| Taxes | 450/3 | €9,282 | €9,833 | +€551 | +5.9% |
| Remuneration and social security | 454/9 | €2,340 | - | -€2,340 | |
| Other amounts payable | 47/48 | €495 | - | -€495 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,766 | €10,975 | +€3,209 | +41.3% |
| Other operating charges | 640/8 | €1,515 | €1,466 | -€50 | -3.3% |
| Gross operating margin | 9900 | €49,766 | €60,002 | +€10,236 | +20.6% |
| Operating profit (loss) | 9901 | €40,485 | €47,562 | +€7,077 | +17.5% |
| Financial income | 75/76B | - | €101 | +€101 | |
| Recurring financial income | 75 | - | €101 | +€101 | |
| Financial charges | 65/66B | €953 | €770 | -€182 | -19.1% |
| Recurring financial charges | 65 | €953 | €770 | -€182 | -19.1% |
| Profit (loss) for the period before taxes | 9903 | €39,532 | €46,892 | +€7,361 | +18.6% |
| Income taxes | 67/77 | €8,238 | €9,844 | +€1,605 | +19.5% |
| Profit (loss) for the period | 9904 | €31,294 | €37,049 | +€5,755 | +18.4% |
| Profit (loss) for the period to be appropriated | 9905 | €31,294 | €37,049 | +€5,755 | +18.4% |
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.