GERANI: what changed
Two fiscal 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.
GERANI
Largest movements
- Cash -€5,482
down €5,482 (-24.8%), from €22,070 to €16,588
mainly Net result for the year (-€5,065) and Receivables within one year (-€2,302)
- Tangible fixed assets -€3,932
down €3,932 (-75.9%), from €5,180 to €1,248
of which Land and buildings: -€3,932
- Receivables within one year +€2,302
new in 2025: €2,302
- Profit (loss) carried forward -€5,065
down €5,065 (-12.1%), from -€41,825 to -€46,890
- Other debts -€2,043
down €2,043 (-100.0%), from €2,043 to €0
- Gross operating margin -€1,635
down €1,635 (-84.2%), from €1,942 to €307
- Depreciation +€1,029
up €1,029 (+35.5%), from €2,903 to €3,932
- Other operating charges -€351
down €351 (-20.1%), from €1,742 to €1,391
- Financial income -€44
down €44 (-67.4%), from €65 to €21
- Taxes -€39
down €39, from €20 to -€20
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 | €27,599 | €20,488 | -€7,112 | -25.8% |
| Fixed assets | 21/28 | €5,180 | €1,248 | -€3,932 | -75.9% |
| Tangible fixed assets | 22/27 | €5,180 | €1,248 | -€3,932 | -75.9% |
| Land and buildings | 22 | €3,932 | €0 | -€3,932 | -100.0% |
| Furniture and vehicles | 24 | €1,248 | €1,248 | = | 0.0% |
| Current assets | 29/58 | €22,419 | €19,240 | -€3,179 | -14.2% |
| Amounts receivable within one year | 40/41 | - | €2,302 | +€2,302 | |
| Other amounts receivable | 41 | - | €2,302 | +€2,302 | |
| Cash at bank and in hand | 54/58 | €22,070 | €16,588 | -€5,482 | -24.8% |
| Deferred charges and accrued income | 490/1 | €349 | €349 | +€0 | +0.1% |
| Total equity and liabilities | 10/49 | €27,599 | €20,488 | -€7,112 | -25.8% |
| Equity | 10/15 | €25,530 | €20,465 | -€5,065 | -19.8% |
| Contributions | 10/11 | €49,579 | €49,579 | = | 0.0% |
| Capital | 10 | €49,579 | €49,579 | = | 0.0% |
| Issued capital | 100 | €49,579 | €49,579 | = | 0.0% |
| Reserves | 13 | €17,776 | €17,776 | = | 0.0% |
| Non-distributable reserves | 130/1 | €620 | €620 | = | 0.0% |
| Legal reserve | 130 | €620 | €620 | = | 0.0% |
| Tax-exempt reserves | 132 | €73 | €73 | = | 0.0% |
| Distributable reserves | 133 | €17,083 | €17,083 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€41,825 | -€46,890 | -€5,065 | -12.1% |
| Amounts payable | 17/49 | €2,069 | €23 | -€2,046 | -98.9% |
| Amounts payable within one year | 42/48 | €2,043 | €0 | -€2,043 | -100.0% |
| Other amounts payable | 47/48 | €2,043 | €0 | -€2,043 | -100.0% |
| Accrued charges and deferred income | 492/3 | €26 | €23 | -€3 | -11.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,903 | €3,932 | +€1,029 | +35.5% |
| Other operating charges | 640/8 | €1,742 | €1,391 | -€351 | -20.1% |
| Gross operating margin | 9900 | €1,942 | €307 | -€1,635 | -84.2% |
| Operating profit (loss) | 9901 | -€2,702 | -€5,016 | -€2,314 | -85.6% |
| Financial income | 75/76B | €65 | €21 | -€44 | -67.4% |
| Recurring financial income | 75 | €65 | €21 | -€44 | -67.4% |
| Financial charges | 65/66B | €100 | €90 | -€10 | -10.2% |
| Recurring financial charges | 65 | €100 | €90 | -€10 | -10.2% |
| Profit (loss) for the period before taxes | 9903 | -€2,737 | -€5,085 | -€2,348 | -85.8% |
| Income taxes | 67/77 | €20 | -€20 | -€39 | |
| Profit (loss) for the period | 9904 | -€2,757 | -€5,065 | -€2,308 | -83.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,757 | -€5,065 | -€2,308 | -83.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.