GERAERTS INTERIEUR: 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.
GERAERTS INTERIEUR
Largest movements
- Cash +€28,066
up €28,066 (+265%), from €10,588 to €38,654
mainly Other debts (+€110,075) and Depreciation (+€22,597)
- Tangible fixed assets -€22,597
down €22,597 (-5.2%), from €432,468 to €409,870
of which Land and buildings: -€17,688
- Receivables within one year -€6,204
down €6,204 (-35.8%), from €17,318 to €11,114
of which Other amounts receivable: -€8,628
- Trade debts -€113,677
down €113,677 (-96.2%), from €118,202 to €4,525
- Other debts +€110,075
up €110,075 (+2,148%), from €5,124 to €115,200
- Debts after one year -€13,668
down €13,668 (-4.2%), from €328,679 to €315,011
- Reserves +€7,234
up €7,234 (+1,307%), from €554 to €7,788
- Gross operating margin +€5,357
up €5,357 (+11.9%), from €44,915 to €50,273
- Depreciation -€2,307
down €2,307 (-9.3%), from €24,904 to €22,597
- Taxes +€2,237
up €2,237 (+1,068%), from €209 to €2,446
- Financial charges -€1,079
down €1,079 (-7.9%), from €13,680 to €12,600
- Other operating charges -€1,072
down €1,072 (-19.2%), from €5,572 to €4,500
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 | €473,849 | €469,894 | -€3,955 | -0.8% |
| Fixed assets | 21/28 | €432,468 | €409,870 | -€22,597 | -5.2% |
| Tangible fixed assets | 22/27 | €432,468 | €409,870 | -€22,597 | -5.2% |
| Land and buildings | 22 | €412,907 | €395,219 | -€17,688 | -4.3% |
| Plant, machinery and equipment | 23 | €19,561 | €14,652 | -€4,909 | -25.1% |
| Current assets | 29/58 | €41,381 | €60,023 | +€18,642 | +45.0% |
| Stocks and contracts in progress | 3 | €12,500 | €10,000 | -€2,500 | -20.0% |
| Stocks | 30/36 | €5,000 | €10,000 | +€5,000 | +100% |
| Contracts in progress | 37 | €7,500 | - | -€7,500 | |
| Amounts receivable within one year | 40/41 | €17,318 | €11,114 | -€6,204 | -35.8% |
| Trade receivables | 40 | €6,091 | €8,516 | +€2,424 | +39.8% |
| Other amounts receivable | 41 | €11,227 | €2,599 | -€8,628 | -76.9% |
| Cash at bank and in hand | 54/58 | €10,588 | €38,654 | +€28,066 | +265% |
| Deferred charges and accrued income | 490/1 | €975 | €255 | -€720 | -73.8% |
| Total equity and liabilities | 10/49 | €473,849 | €469,894 | -€3,955 | -0.8% |
| Equity | 10/15 | €5,554 | €12,788 | +€7,234 | +130% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €554 | €7,788 | +€7,234 | +1,307% |
| Distributable reserves | 133 | €554 | €7,788 | +€7,234 | +1,307% |
| Amounts payable | 17/49 | €468,296 | €457,106 | -€11,190 | -2.4% |
| Amounts payable after more than one year | 17 | €328,679 | €315,011 | -€13,668 | -4.2% |
| Financial debts | 170/4 | €328,679 | €315,011 | -€13,668 | -4.2% |
| Amounts payable within one year | 42/48 | €139,523 | €139,049 | -€474 | -0.3% |
| Current portion of amounts payable after more than one year | 42 | €15,987 | €16,668 | +€681 | +4.3% |
| Trade debts | 44 | €118,202 | €4,525 | -€113,677 | -96.2% |
| Suppliers | 440/4 | €118,202 | €4,525 | -€113,677 | -96.2% |
| Taxes, remuneration and social security | 45 | €209 | €2,656 | +€2,446 | +1,168% |
| Taxes | 450/3 | €209 | €2,656 | +€2,446 | +1,168% |
| Other amounts payable | 47/48 | €5,124 | €115,200 | +€110,075 | +2,148% |
| Accrued charges and deferred income | 492/3 | €94 | €3,046 | +€2,952 | +3,149% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,904 | €22,597 | -€2,307 | -9.3% |
| Other operating charges | 640/8 | €5,572 | €4,500 | -€1,072 | -19.2% |
| Gross operating margin | 9900 | €44,915 | €50,273 | +€5,357 | +11.9% |
| Operating profit (loss) | 9901 | €14,439 | €23,176 | +€8,737 | +60.5% |
| Financial income | 75/76B | €4 | €5 | +€2 | +51.2% |
| Recurring financial income | 75 | €4 | €5 | +€2 | +51.2% |
| Financial charges | 65/66B | €13,680 | €12,600 | -€1,079 | -7.9% |
| Recurring financial charges | 65 | €13,680 | €12,600 | -€1,079 | -7.9% |
| Profit (loss) for the period before taxes | 9903 | €763 | €10,581 | +€9,818 | +1,287% |
| Income taxes | 67/77 | €209 | €2,446 | +€2,237 | +1,068% |
| Profit (loss) for the period | 9904 | €554 | €8,134 | +€7,581 | +1,369% |
| Profit (loss) for the period to be appropriated | 9905 | €554 | €8,134 | +€7,581 | +1,369% |
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 25 October 2026 via checked.be.