GERACI CONSTRUCTION: 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.
GERACI CONSTRUCTION
Largest movements
- Tangible fixed assets -€205,945
down €205,945 (-38.4%), from €535,710 to €329,765
of which Furniture and vehicles: -€172,786
- Receivables within one year +€44,852
up €44,852 (+11.1%), from €405,095 to €449,947
of which Trade receivables: +€33,115
- Tax, wage and social debts -€70,928
down €70,928 (-61.0%), from €116,339 to €45,411
of which Taxes: -€72,271
- Debts after one year -€55,207
down €55,207 (-10.8%), from €509,732 to €454,524
- Short-term financial debts -€29,098
down €29,098 (-81.7%), from €35,636 to €6,537
- Trade debts -€26,811
down €26,811 (-10.9%), from €246,573 to €219,762
- Other debts +€14,825
up €14,825 (+532%), from €2,789 to €17,614
- Gross operating margin -€22,789
down €22,789 (-9.5%), from €239,114 to €216,326
- Depreciation -€21,531
down €21,531 (-36.7%), from €58,724 to €37,193
- Staff costs +€7,848
up €7,848 (+7.8%), from €100,565 to €108,413
- Other operating charges -€7,118
down €7,118 (-52.8%), from €13,472 to €6,354
- Taxes -€5,009
down €5,009 (-44.5%), from €11,250 to €6,241
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 | €1,217,303 | €1,056,419 | -€160,884 | -13.2% |
| Fixed assets | 21/28 | €536,591 | €330,146 | -€206,445 | -38.5% |
| Intangible fixed assets | 21 | €881 | €381 | -€500 | -56.7% |
| Tangible fixed assets | 22/27 | €535,710 | €329,765 | -€205,945 | -38.4% |
| Land and buildings | 22 | €345,589 | €321,652 | -€23,938 | -6.9% |
| Plant, machinery and equipment | 23 | €14,569 | €5,347 | -€9,222 | -63.3% |
| Furniture and vehicles | 24 | €175,552 | €2,766 | -€172,786 | -98.4% |
| Current assets | 29/58 | €680,711 | €726,273 | +€45,562 | +6.7% |
| Stocks and contracts in progress | 3 | €275,000 | €273,500 | -€1,500 | -0.5% |
| Stocks | 30/36 | €275,000 | €135,877 | -€139,123 | -50.6% |
| Contracts in progress | 37 | - | €137,623 | +€137,623 | |
| Amounts receivable within one year | 40/41 | €405,095 | €449,947 | +€44,852 | +11.1% |
| Trade receivables | 40 | €314,202 | €347,317 | +€33,115 | +10.5% |
| Other amounts receivable | 41 | €90,893 | €102,630 | +€11,737 | +12.9% |
| Cash at bank and in hand | 54/58 | €420 | €2,145 | +€1,725 | +411% |
| Deferred charges and accrued income | 490/1 | €197 | €682 | +€485 | +246% |
| Total equity and liabilities | 10/49 | €1,217,303 | €1,056,419 | -€160,884 | -13.2% |
| Equity | 10/15 | €229,447 | €241,572 | +€12,124 | +5.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €210,000 | €220,000 | +€10,000 | +4.8% |
| Distributable reserves | 133 | €210,000 | €220,000 | +€10,000 | +4.8% |
| Profit (loss) carried forward | 14 | €7,047 | €9,172 | +€2,124 | +30.1% |
| Amounts payable | 17/49 | €987,855 | €814,847 | -€173,008 | -17.5% |
| Amounts payable after more than one year | 17 | €509,732 | €454,524 | -€55,207 | -10.8% |
| Financial debts | 170/4 | €509,732 | €454,524 | -€55,207 | -10.8% |
| Amounts payable within one year | 42/48 | €472,494 | €357,623 | -€114,871 | -24.3% |
| Current portion of amounts payable after more than one year | 42 | €71,157 | €68,298 | -€2,859 | -4.0% |
| Financial debts | 43 | €35,636 | €6,537 | -€29,098 | -81.7% |
| Credit institutions | 430/8 | €35,636 | €6,537 | -€29,098 | -81.7% |
| Trade debts | 44 | €246,573 | €219,762 | -€26,811 | -10.9% |
| Suppliers | 440/4 | €246,573 | €219,762 | -€26,811 | -10.9% |
| Taxes, remuneration and social security | 45 | €116,339 | €45,411 | -€70,928 | -61.0% |
| Taxes | 450/3 | €94,679 | €22,408 | -€72,271 | -76.3% |
| Remuneration and social security | 454/9 | €21,661 | €23,003 | +€1,343 | +6.2% |
| Other amounts payable | 47/48 | €2,789 | €17,614 | +€14,825 | +532% |
| Accrued charges and deferred income | 492/3 | €5,630 | €2,700 | -€2,929 | -52.0% |
| Remuneration, social security and pensions | 62 | €100,565 | €108,413 | +€7,848 | +7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,724 | €37,193 | -€21,531 | -36.7% |
| Other operating charges | 640/8 | €13,472 | €6,354 | -€7,118 | -52.8% |
| Non-recurring operating charges | 66A | - | €10,206 | +€10,206 | |
| Gross operating margin | 9900 | €239,114 | €216,326 | -€22,789 | -9.5% |
| Operating profit (loss) | 9901 | €66,354 | €54,160 | -€12,194 | -18.4% |
| Financial income | 75/76B | €1 | €46 | +€44 | +3,339% |
| Recurring financial income | 75 | €1 | €46 | +€44 | +3,339% |
| Financial charges | 65/66B | €34,976 | €35,840 | +€864 | +2.5% |
| Recurring financial charges | 65 | €34,976 | €35,840 | +€864 | +2.5% |
| Profit (loss) for the period before taxes | 9903 | €31,379 | €18,365 | -€13,014 | -41.5% |
| Income taxes | 67/77 | €11,250 | €6,241 | -€5,009 | -44.5% |
| Profit (loss) for the period | 9904 | €20,129 | €12,124 | -€8,004 | -39.8% |
| Profit (loss) for the period to be appropriated | 9905 | €20,129 | €12,124 | -€8,004 | -39.8% |
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 16 October 2026 via checked.be.